Sep 17, 2020 11:58 AM ET
iCrowd Newswire – Sep 17, 2020
Image Recognition Market report aims to provide a 360-degree view of the market in terms of cutting-edge technology, key developments, drivers, restraints and future trends with impact analysis of these trends on the market for short-term, mid-term and long-term during the forecast period.
Image Recognition market is experiencing high growth owing to increasing demand for security as well as the availability of image recognition technology powered products. Further, rising internet penetration coupled with high acceptance of social media is propelling the image recognition market growth. Moreover, the rising inclination of diverse industry verticals towards high bandwidth data services as well as machine learning has resulted in the bolstering the demand for image recognition market. However, high installation cost may hamper the image recognition market growth to a certain extent.
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The “Global Image Recognition Market Analysis to 2027” is a specialized and in-depth study of the Image Recognition market with a special focus on the global market trend analysis. The report aims to provide an overview of Image Recognition market with detailed market segmentation by type, product, end user & region. The global Image Recognition market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Image Recognition market players and offers key trends and opportunities in the Image Recognition market.
The reports cover key developments in the Image Recognition market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Image Recognition market are anticipated to lucrative growth opportunities in the future with the rising demand for Image Recognition market.
Top Listed Brands in Image Recognition Market are:
Google Inc., NEC Corporation, LTU Technologies, Hitachi, Ltd., Honeywell International Inc., Qualcomm Incorporated., Catchoom Technologies S.L.,Wikitude GmbH, Slyce Inc., and Attrasoft, Inc. among others.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Image Recognition market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Image Recognition market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Image Recognition market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the Image Recognition market in these regions.
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Keywords: Image Recognition Market, Image Recognition Market 2020, Image Recognition Market 2027, Image Recognition