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.
Image Recognition Market contains market size and forecasts of Image Recognition in Global, including the following market information:
- Global Image Recognition Market Revenue, 2017-2022, 2023-2028, ($ millions)
- Global top five companies in 2021 (%)
The global Image Recognition market was valued at 21320 million in 2021 and is projected to reach US$ 56470 million by 2028, at a CAGR of 14.9% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Code Recognition Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Image Recognition include Qualcomm, NEC, Google, LTU Technologies, Catchoom Technologies, Honeywell, Hitachi, Slyce and Wikitude and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Image Recognition companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Image Recognition Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Image Recognition Market Segment Percentages, by Type, 2021 (%)
- Code Recognition
- Digital Image Processing
- Facial Recognition
- Object Recognition
- Pattern Recognition
- Optical Character Recognition
Global Image Recognition Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Image Recognition Market Segment Percentages, by Application, 2021 (%)
- BFSI
- Media & Entertainment
- Retail & Consumer Goods
- IT & Telecom
- Government
- Healthcare
- Transportation & Logistics
- Others
Global Image Recognition Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Image Recognition Market Segment Percentages, By Region and Country, 2021 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Image Recognition revenues in global market, 2017-2022 (estimated), ($ millions)
- Key companies Image Recognition revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Qualcomm
- NEC
- Google
- LTU Technologies
- Catchoom Technologies
- Honeywell
- Hitachi
- Slyce
- Wikitude
- Attrasoft
Industry Market Size
