Image Recognition Market is Anticipated to Grow at a CAGR of $$% During the Forecast Period 2018-2023

Image Recognition Market

Image recognition, in the context of machine vision, is the ability of software to identify objects, places, people, writing and actions in images. Computers can use machine vision technologies in combination with a camera and artificial intelligence software to achieve image recognition.

Scope of the Report:

This report focuses on the Image Recognition in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

North America holds the largest share of the global market. Higher adoption of new and advanced technologies such as mobile application security solutions is driving the growth of this regional market. The image recognition market in Asia-Pacific is projected to grow at the highest CAGR during the forecast period. This high growth can be attributed to the high adoption of cloud, mobility, and infrastructure management solutions to address information security.

The worldwide market for Image Recognition is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2023, from xx million US$ in 2017, according to a new Planet Market Reports study.

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Market Segment by Manufacturers, this report covers

Qualcomm

NEC

Google

LTU Technologies

Catchoom Technologies

Honeywell

Hitachi

Slyce

Wikitude

Attrasoft

Market Segment by Regions, regional analysis covers

North America United States, Canada and Mexico

Europe Germany, France, UK, Russia and Italy

Asia-Pacific China, Japan, Korea, India and Southeast Asia

South America Brazil, Argentina, Colombia etc.

Middle East and Africa Saudi Arabia, UAE, Egypt, Nigeria and South Africa

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Market Segment by Type, covers

Code Recognition

Digital Image Processing

Facial Recognition

Object Recognition

Pattern Recognition

Optical Character Recognition

Market Segment by Applications, can be divided into

BFSI

Media & Entertainment

Retail & Consumer Goods

IT & Telecom

Government

Healthcare

Transportation & Logistics

Others

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