Image recognition Market Analysis North America,Europe,APAC,Middle East and Africa,South America - US,China,Japan,India,Germany - Size and Forecast 2023-2027

Published: Oct 2023 Pages: 169 SKU: IRTNTR75190

Global Image Recognition Market Forecast 2023-2027

The Global Image Recognition Market is estimated to grow by USD 59.82 billion at a compound annual growth rate (CAGR) of 18.53% between 2022 and 2027. The growth of the market is driven by several key factors. This includes the rising instances of identity theft, prompting the need for advanced security solutions. Additionally, the increasing use of high-bandwidth data services and the adoption of 3D image processing technologies contribute to market expansion. These factors collectively highlight the market's significance in addressing modern digital challenges and driving technological advancements. This market analysis and report includes in-depth information about the key market drivers, trends, and challenges during the forecasted period. 

What will be the Size of the Market During the Forecast Period?

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Market Segmentation

The market share growth by the media and entertainment segment will be significant during the forecast period. The multiplex's adoption of video surveillance with facial recognition analysis to gauge audience engagement is one of the main causes of this growth.

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The media and entertainment segment was valued at USD 6.32 billion in 2017 and continued to grow until 2021Businesses that use technology to deliver eye-catching promotions, helpful visitor information, as well as projections and displays that enhance the atmosphere of the facility, attract and retain customers more successfully. The need for facial recognition in multiplex systems is growing globally. As a result, the market will experience growth due to the increasing adoption of facial recognition in the media and entertainment industry during the forecast period.

Regional Analysis

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North America is estimated to contribute 36% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

The growth in the market revenue in North America is primarily attributable to the US. The high adoption of cutting-edge technologies during the early stages of homeland security and defense is one of the primary causes of this growth. The market is expanding as a result of the implementation of image recognition for border security through the detection of passport identity fraud.

Applications for image recognition include media and entertainment, retail, and e-commerce, including online shopping malls. As facial recognition is extremely crucial to the BFSI industry, the market in North America is predicted to expand significantly during the forecast period. Furthermore, the rise in cyberattacks and data theft in businesses are other factors driving the market's expansion in the region. Governments have also increased spending on facial recognition technologies as a result of such incidents. Hence, due to such factors, the market in the region will witness growth during the forecast period. 

Market Dynamics and Customer Landscape

The market is experiencing significant growth driven by advancements in image recognition technology and machine learning, particularly in applications such as self-driving vehicles and automated image organization, alongside the proliferation of visual websites and social networking platforms utilizing face identification for enhanced user experience and security. Additionally, image recognition plays a pivotal role in various sectors, including digital marketing, safety, and security, with applications ranging from facial recognition in law enforcement agencies and airports to face remembrance technology employed at security checkpoints by transportation security administration for efficient travel document checking. Our researchers analyzed the data with 2022 as the base year and the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Market Driver

The increasing instances of identity theft are notably driving market growth, propelled by the widespread adoption of image recognition technology and machine learning. As visual websites, social networking platforms, and online gaming portals become increasingly prevalent, the vulnerability of end-users to identity and data theft rises correspondingly. To counter these sophisticated threats, end-users are turning to secure authentication solutions, leveraging facial recognition and biometric security.

These technologies harness advanced image identification and visual analytics, enabling robust user authentication based on physical and behavioral characteristics, thus fortifying safety and security measures. With the global surge in identity theft threats, industries like BFSI in emerging economies such as China, Indonesia, and India are actively embracing facial recognition technology to enhance security protocols, fueling market growth. Moreover, the integration of facial recognition technology in security checkpoints and travel document checkers at airports and transportation security administration agencies underscores its pivotal role in bolstering safety and security measures worldwide.

Significant Market Trends

The growing popularity of cloud-based image analysis solutions is one of the major market trends. Advanced software for the analysis and processing of medical images has become popular among doctors and other healthcare professionals in recent years. The software improves disease diagnosis and treatment by providing useful clinical information. However, installing these imaging tools frequently necessitates sizable capital expenditures for both hardware and software. Over time, this raises both operational and medical costs.

Healthcare providers are increasingly using cloud computing and the software-as-a-service (SaaS) model to overcome this obstacle. In this model, processing electronic health records is done by healthcare professionals using remote applications provided by an external vendor. The images are processed by these models, and the data is then sent back to the user. According to this model, healthcare providers are paid according to how many services are used. Cloud computing also provides better quality services in addition to easy accessibility and quick response times. Hence, such factors are expected to increase the demand in the healthcare industry, which, in turn, will drive market growth and trends during the forecast period.

Major Market Challenge

The high cost of deployment is a major challenge impeding the market growth. It takes time to deploy image recognition systems on a large scale in government agencies and airports, and these systems typically have a protracted sales cycle. Additionally, deployment costs vary according to user needs. Testing technologies is limited by financial constraints. As a result, these departments might suffer a significant loss if the implementation fails.

Other hidden costs, such as maintenance costs, middleware costs, and other associated costs, exist in addition to the actual cost of the solution. The high cost of deploying these systems is a result of all these factors.  Such factors are expected to hinder the growth of the market in focus during the forecast period.

Key Customer Landscape

The market growth analysis report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the market research and growth report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Customer Landscape

Who are the Major Image Recognition Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Imagga Technologies Ltd. - The company focuses on a platform as a service providing image recognition API that helps businesses understand and monetize image content in the cloud and on-premise. 

The market forecasting report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

  • Advanced Micro Devices Inc.
  • Alphabet Inc.
  • Amazon.com Inc.
  • Attrasoft Inc.
  • Blippar Ltd.
  • Clarifai Inc.
  • Hitachi Ltd.
  • Honeywell International Inc.
  • Intel Corp.
  • International Business Machines Corp.
  • LTU TECH
  • Micron Technology Inc.
  • Microsoft Corp.
  • NEC Corp.
  • NVIDIA Corp.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Market Analyst Overview

The global image recognition market, fueled by advancements in image recognition technology and machine learning, finds extensive applications in various sectors. From self-driving vehicles to automated image organization and visual websites, the technology enables face identification, image identification, and social media monitoring. It plays a crucial role in safety, security, and law enforcement, aiding face remembrance technology and identity verification automation at security checkpoints like those managed by the Transportation Security Administration (TSA) and Travel Document Checker (TDC) at places such as McCarran International Airport (LAS).

Major companies, including automotive giants like Hyundai Motor Company and quantum computing pioneers like IonQ, invest in quantum machine learning for image classification and 3D object detection, shaping future mobility solutions. In media, entertainment, IT, telecom, and BFSI sectors, image recognition enhances digital image processing, ensuring effective branding, security, and user experience across various platforms, from social media to augmented reality applications. Additionally, recent developments focus on offline content recognition, augmented reality experiences, and product information retrieval, driving the demand for AI-enabled image recognition technologies and user-centric advertising strategies. In today's digital age, image recognition technology is revolutionizing various industries, from marketing to public safety.

Social networking websites leverage visual listening and analytics tools to understand user behavior and preferences better. In digital marketing, image recognition enhances campaign effectiveness by analyzing visual content for insights and trends. Safety and security applications employ image recognition for surveillance and monitoring, aiding law enforcement agencies in identifying potential threats. Quantum computing companies like IonQ Aria are exploring quantum techniques to advance image recognition capabilities further. In transportation, image recognition contributes to safer and smarter mobility systems by detecting pedestrians, cyclists, and road signs. Moreover, businesses across sectors utilize automated image recognition systems for tasks such as logo detection, object recognition, and analyzing digital content, including promotional videos and magazines. This technology, powered by advanced machine learning and computer vision, continues to evolve, offering limitless possibilities for innovation and efficiency.

Segment Overview

The market growth and forecasting report covers market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • End-user Outlook (USD Million, 2017 - 2027)
    • Media and entertainment
    • Retail and e-commerce
    • BFSI
    • IT and telecom
    • Others
  • Deployment Outlook (USD Million, 2017 - 2027)
    • Cloud-based
    • On-premise
  • Region Outlook (USD Million, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa
    • South America
      • Chile
      • Brazil
      • Argentina

Image Recognition Market Scope

Market Report Coverage

Details

Page number

169

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 18.53%

Market growth 2023-2027

USD 59.82 billion

Market structure

Fragmented

YoY growth 2022-2023(%)

18.15

Regional analysis

North America, Europe, APAC, Middle East and Africa, and South America

Performing market contribution

North America at 36%

Key countries

US, China, Japan, India, and Germany

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

Advanced Micro Devices Inc., Alphabet Inc., Amazon.com Inc., Attrasoft Inc., Blippar Ltd., Clarifai Inc., Hitachi Ltd., Honeywell International Inc., Imagga Technologies Ltd., Intel Corp., International Business Machines Corp., LTU TECH, Micron Technology Inc., Microsoft Corp., NEC Corp., NVIDIA Corp., Partium, Qualcomm Inc., Samsung Electronics Co. Ltd., and Wikitude GmbH

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period. 

Customization purview

If our market trends and analysis report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2023 and 2027
  • Precise estimation of the size of the market size and its contribution to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market industry across North America, Europe, APAC, Middle East and Africa, and South America
  • Thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market companies

We can help! Our analysts can customize this market research report to meet your requirements. Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Deployment
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global image recognition market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on Global image recognition market 2017 - 2021 ($ million)
    • 4.2 End-user Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – End-user Segment 2017 - 2021 ($ million)
    • 4.3 Deployment Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Deployment Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by End-user

    • 6.1 Market segments
      • Exhibit 30: Chart on End-user - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on End-user - Market share 2022-2027 (%)
    • 6.2 Comparison by End-user
      • Exhibit 32: Chart on Comparison by End-user
      • Exhibit 33: Data Table on Comparison by End-user
    • 6.3 Media and entertainment - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Media and entertainment - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on Media and entertainment - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on Media and entertainment - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Media and entertainment - Year-over-year growth 2022-2027 (%)
    • 6.4 Retail and e-commerce - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Retail and e-commerce - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Retail and e-commerce - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Retail and e-commerce - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Retail and e-commerce - Year-over-year growth 2022-2027 (%)
    • 6.5 BFSI - Market size and forecast 2022-2027
      • Exhibit 42: Chart on BFSI - Market size and forecast 2022-2027 ($ million)
      • Exhibit 43: Data Table on BFSI - Market size and forecast 2022-2027 ($ million)
      • Exhibit 44: Chart on BFSI - Year-over-year growth 2022-2027 (%)
      • Exhibit 45: Data Table on BFSI - Year-over-year growth 2022-2027 (%)
    • 6.6 IT and telecom - Market size and forecast 2022-2027
      • Exhibit 46: Chart on IT and telecom - Market size and forecast 2022-2027 ($ million)
      • Exhibit 47: Data Table on IT and telecom - Market size and forecast 2022-2027 ($ million)
      • Exhibit 48: Chart on IT and telecom - Year-over-year growth 2022-2027 (%)
      • Exhibit 49: Data Table on IT and telecom - Year-over-year growth 2022-2027 (%)
    • 6.7 Others - Market size and forecast 2022-2027
      • Exhibit 50: Chart on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 51: Data Table on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 52: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 53: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 6.8 Market opportunity by End-user
      • Exhibit 54: Market opportunity by End-user ($ million)
      • Exhibit 55: Data Table on Market opportunity by End-user ($ million)

    7 Market Segmentation by Deployment

    • 7.1 Market segments
      • Exhibit 56: Chart on Deployment - Market share 2022-2027 (%)
      • Exhibit 57: Data Table on Deployment - Market share 2022-2027 (%)
    • 7.2 Comparison by Deployment
      • Exhibit 58: Chart on Comparison by Deployment
      • Exhibit 59: Data Table on Comparison by Deployment
    • 7.3 Cloud-based - Market size and forecast 2022-2027
      • Exhibit 60: Chart on Cloud-based - Market size and forecast 2022-2027 ($ million)
      • Exhibit 61: Data Table on Cloud-based - Market size and forecast 2022-2027 ($ million)
      • Exhibit 62: Chart on Cloud-based - Year-over-year growth 2022-2027 (%)
      • Exhibit 63: Data Table on Cloud-based - Year-over-year growth 2022-2027 (%)
    • 7.4 On-premise - Market size and forecast 2022-2027
      • Exhibit 64: Chart on On-premise - Market size and forecast 2022-2027 ($ million)
      • Exhibit 65: Data Table on On-premise - Market size and forecast 2022-2027 ($ million)
      • Exhibit 66: Chart on On-premise - Year-over-year growth 2022-2027 (%)
      • Exhibit 67: Data Table on On-premise - Year-over-year growth 2022-2027 (%)
    • 7.5 Market opportunity by Deployment
      • Exhibit 68: Market opportunity by Deployment ($ million)
      • Exhibit 69: Data Table on Market opportunity by Deployment ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 71: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 72: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 73: Chart on Geographic comparison
      • Exhibit 74: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2022-2027
      • Exhibit 75: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 76: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 77: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 78: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.4 Europe - Market size and forecast 2022-2027
      • Exhibit 79: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 80: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 81: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 82: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.5 APAC - Market size and forecast 2022-2027
      • Exhibit 83: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 84: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 85: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 86: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.6 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.7 South America - Market size and forecast 2022-2027
      • Exhibit 91: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 92: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 93: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.8 US - Market size and forecast 2022-2027
      • Exhibit 95: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 96: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 97: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.9 China - Market size and forecast 2022-2027
      • Exhibit 99: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 100: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 101: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.10 Japan - Market size and forecast 2022-2027
      • Exhibit 103: Chart on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 104: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 105: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 106: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 9.11 India - Market size and forecast 2022-2027
      • Exhibit 107: Chart on India - Market size and forecast 2022-2027 ($ million)
      • Exhibit 108: Data Table on India - Market size and forecast 2022-2027 ($ million)
      • Exhibit 109: Chart on India - Year-over-year growth 2022-2027 (%)
      • Exhibit 110: Data Table on India - Year-over-year growth 2022-2027 (%)
    • 9.12 Germany - Market size and forecast 2022-2027
      • Exhibit 111: Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 112: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 113: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 114: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 115: Market opportunity by geography ($ million)
      • Exhibit 116: Data Tables on Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 117: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 118: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 119: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 120: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 121: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 122: Matrix on vendor position and classification
            • 12.3 Alphabet Inc.
              • Exhibit 123: Alphabet Inc. - Overview
              • Exhibit 124: Alphabet Inc. - Business segments
              • Exhibit 125: Alphabet Inc. - Key news
              • Exhibit 126: Alphabet Inc. - Key offerings
              • Exhibit 127: Alphabet Inc. - Segment focus
            • 12.4 Amazon.com Inc.
              • Exhibit 128: Amazon.com Inc. - Overview
              • Exhibit 129: Amazon.com Inc. - Business segments
              • Exhibit 130: Amazon.com Inc. - Key news
              • Exhibit 131: Amazon.com Inc. - Key offerings
              • Exhibit 132: Amazon.com Inc. - Segment focus
            • 12.5 Clarifai Inc.
              • Exhibit 133: Clarifai Inc. - Overview
              • Exhibit 134: Clarifai Inc. - Product / Service
              • Exhibit 135: Clarifai Inc. - Key offerings
            • 12.6 Hitachi Ltd.
              • Exhibit 136: Hitachi Ltd. - Overview
              • Exhibit 137: Hitachi Ltd. - Business segments
              • Exhibit 138: Hitachi Ltd. - Key news
              • Exhibit 139: Hitachi Ltd. - Key offerings
              • Exhibit 140: Hitachi Ltd. - Segment focus
            • 12.7 Honeywell International Inc.
              • Exhibit 141: Honeywell International Inc. - Overview
              • Exhibit 142: Honeywell International Inc. - Business segments
              • Exhibit 143: Honeywell International Inc. - Key news
              • Exhibit 144: Honeywell International Inc. - Key offerings
              • Exhibit 145: Honeywell International Inc. - Segment focus
            • 12.8 Imagga Technologies Ltd.
              • Exhibit 146: Imagga Technologies Ltd. - Overview
              • Exhibit 147: Imagga Technologies Ltd. - Product / Service
              • Exhibit 148: Imagga Technologies Ltd. - Key offerings
            • 12.9 Intel Corp.
              • Exhibit 149: Intel Corp. - Overview
              • Exhibit 150: Intel Corp. - Business segments
              • Exhibit 151: Intel Corp. - Key news
              • Exhibit 152: Intel Corp. - Key offerings
              • Exhibit 153: Intel Corp. - Segment focus
            • 12.10 International Business Machines Corp.
              • Exhibit 154: International Business Machines Corp. - Overview
              • Exhibit 155: International Business Machines Corp. - Business segments
              • Exhibit 156: International Business Machines Corp. - Key news
              • Exhibit 157: International Business Machines Corp. - Key offerings
              • Exhibit 158: International Business Machines Corp. - Segment focus
            • 12.11 LTU TECH
              • Exhibit 159: LTU TECH - Overview
              • Exhibit 160: LTU TECH - Product / Service
              • Exhibit 161: LTU TECH - Key offerings
            • 12.12 Micron Technology Inc.
              • Exhibit 162: Micron Technology Inc. - Overview
              • Exhibit 163: Micron Technology Inc. - Business segments
              • Exhibit 164: Micron Technology Inc. - Key offerings
              • Exhibit 165: Micron Technology Inc. - Segment focus
            • 12.13 Microsoft Corp.
              • Exhibit 166: Microsoft Corp. - Overview
              • Exhibit 167: Microsoft Corp. - Business segments
              • Exhibit 168: Microsoft Corp. - Key news
              • Exhibit 169: Microsoft Corp. - Key offerings
              • Exhibit 170: Microsoft Corp. - Segment focus
            • 12.14 NEC Corp.
              • Exhibit 171: NEC Corp. - Overview
              • Exhibit 172: NEC Corp. - Business segments
              • Exhibit 173: NEC Corp. - Key news
              • Exhibit 174: NEC Corp. - Key offerings
              • Exhibit 175: NEC Corp. - Segment focus
            • 12.15 NVIDIA Corp.
              • Exhibit 176: NVIDIA Corp. - Overview
              • Exhibit 177: NVIDIA Corp. - Business segments
              • Exhibit 178: NVIDIA Corp. - Key news
              • Exhibit 179: NVIDIA Corp. - Key offerings
              • Exhibit 180: NVIDIA Corp. - Segment focus
            • 12.16 Partium
              • Exhibit 181: Partium - Overview
              • Exhibit 182: Partium - Product / Service
              • Exhibit 183: Partium - Key offerings
            • 12.17 Qualcomm Inc.
              • Exhibit 184: Qualcomm Inc. - Overview
              • Exhibit 185: Qualcomm Inc. - Business segments
              • Exhibit 186: Qualcomm Inc. - Key news
              • Exhibit 187: Qualcomm Inc. - Key offerings
              • Exhibit 188: Qualcomm Inc. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 189: Inclusions checklist
                • Exhibit 190: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 191: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 192: Research methodology
                • Exhibit 193: Validation techniques employed for market sizing
                • Exhibit 194: Information sources
              • 13.5 List of abbreviations
                • Exhibit 195: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              image recognition market market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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