AI Image Recognition Market is expected to reach US $ 8.04 Bn by 2029, at a CAGR of 24.82% during the forecast period.
Market Overview
The recently published “AI Image Recognition Market” Report by Maximize Market Research is available in the Market. Maximize Market research is an international business consultancy firm, serving large and medium size players across the world. It has got clients in the capital goods and automobile segments in more than 34 countries.
The research analyst has said that the APAC region is a lucrative opportunity for the AI Image Recognition Market and components manufacturers for the next ten years. The impact of the Market is normal after the Covid Lockdown has been analyzed in the report and the Market is showing an upward trend even in the midst of an economic slowdown.
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Market Scope
The research looks into demand for AI Image Recognition Market predictions, Market trends, and micro and macro variables in the detail. In addition, the research includes factors that are propelling the AI Image Recognition Market growth and impeding the Market's growth. The Maximize Market Research report provides a regional analysis of potential investment opportunities for existing and new Market entrants. The research uses analytical methodologies such as Porter's five forces analysis and PESTLE of the AI Image Recognition Market to provide insights into the Market. The research also provides current Market trends and forecasts for the years 2022-2029. The report also identified key future trends that will influence demand throughout the projected period.
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Segmentation Analysis
The global AI image recognition market is divided into segments based on region, deployment, offering, industrial vertical, and application. Due to the growing use of cloud-based image processing solutions to secure sensitive data and support businesses' marketing efforts, cloud-based deployment is anticipated to account for a significant portion of the market during the forecast period in 2021 and is expected to maintain its dominance over the forecast period. increased use of cloud-based solutions across a variety of industries. For instance, deep learning-powered Amazon Rekognition provides highly accurate facial search and facial analysis capabilities that may be utilised for a variety of user verification and public safety use cases for face identification, analysis, and comparison.
Key Players
• IBM Corporation
• Imagga Technologies Ltd
• Amazon Web Services, Inc
• Qualcomm
• Google LLC
• Microsoft Corporation
• Trax Technology Solutions Pte Ltd
• NEC Corporation
• LTUTech
• Ricoh Company, Ltd
• Catchoom Technologies S.L
• Intel Corporation
• Honeywell International Inc
• Hitachi, Ltd
• Intelligence Retail
• Slyce Acquisition Inc
• Blippar Ltd
• Wikitude GmbH
• Attrasoft, Inc
Regional Analysis
The report on the AI Image Recognition Market gives a detailed analysis, which is divided into regions. The research includes an evaluation of regional and local Market participants operating in the target Market, as well as findings in the target Market. On a regional and global basis, the study evaluates the Market in North America, Latin America, Europe, Asia Pacific (APAC), Africa, and the Middle East. Each region Market is researched in depth, for the discovery of regional Market trends, constraints, and growth potential.
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Key Questions answered in the Market Report are:
- What is AI Image Recognition Market?
- What is the forecast period of the Market?
- What is the competitive scenario of the AI Image Recognition Market?
- Which region held the largest Market share in the AI Image Recognition Market?
- What are the opportunities for the Market?
- What factors are affecting the Market growth?
- Who are the key players of the AI Image Recognition Market?
- Which company held the largest share in the AI Image Recognition Market?
- What will be the CAGR of the Market during the forecast period?
- What key trends are likely to emerge in the Market in the coming years?
Key offerings:
- Market Share, Size, and Forecast by Revenue|2022-2029
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation: A detailed analysis by AI Image Recognition
- Landscape- Leading key players and other prominent key players.
About Maximize Market Research:
Maximize Market Research is a multifaceted Market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide Market-verified industry estimations, technical trend analysis, crucial Market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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