Image recognition Market Key Companies, Business Opportunities,

  • The report encompasses thorough research carried out by the application of advanced analytical tools such as SWOT analysis and Porter’s Five Forces analysis to pinpoint the growth trends and patterns. Factors likely to influence the growth of the market, current trends, opportunities, restraining factors, and business landscape are discussed in-depth in the market study.

    Other factors include growing demand for face recognition in tablets, smartphones, and personal computers due to technological advancements. Increasing budgets for homeland security and defense spending by government in countries such as China, Russia, and India is also contributing to growth of the market to a significant extent. In February 2020, Department of Homeland Security officials detailed the use of facial recognition technologies by the administration across the U.S. To date, over 43.7 million individuals have been scanned at border crossings, outbound ships, and elsewhere by various systems.

    Top competitors of the Image recognition Market profiled in the report include:

    IBM Corporation, Qualcomm, Honeywell, Toshiba, Microsoft, Huawei, Oracle, NEC Corporation, Catchoom, and Slyce.

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    The Global Image recognition Market report provides full coverage of the companies’ data, including details about their production and manufacturing capacity, product portfolio, business overview, revenue, gross profit margins, sales network and distribution channel, financial standing, and market position. The report also studies business strategies and strategic alliances undertaken by companies to gain a robust footing in the market. The report sheds light on the mergers and acquisitions, collaborations, joint ventures, brand promotions and product launches, agreements and partnerships, and corporate and government deals. The comprehensive analysis of the competitive landscape offers the readers a deeper understanding about the competitors.

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    Emergen Research has segmented the global image recognition market on the basis of component, application, deployment mode, technique, industry vertical, and region:

    • Component Outlook (Revenue, USD Billion; 2018–2028)
      • Hardware
      • Software
      • Services
    • Application Outlook (Revenue, USD Billion; 2018–2028)
      • Security and Surveillance
      • Scanning and Imaging
      • Augmented Reality
      • Image Search
      • Marketing and Advertising
    • Deployment Mode Outlook (Revenue, USD Billion; 2018–2028)
      • On-premises
      • Cloud
    • Technique Outlook (Revenue, USD Billion; 2018–2028)
      • Object Recognition
      • QR/ Barcode Recognition
      • Pattern Recognition
      • Facial Recognition
      • Optical Character Recognition
    • Industry Vertical Outlook (Revenue, USD Billion; 2018–2028)
      • Media & Entertainment
      • Healthcare
      • Retail & E-commerce
      • BFSI
      • IT & Telecom
      • Automobile & Transportation
      • Government
      • Others

    Regional Analysis of the Image recognition Market:

    • North America (U.S., Canada)
    • Europe (U.K., Italy, Germany, France, Rest of EU)
    • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
    • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
    • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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    Key Objectives of the Report:

    • Analysis and estimation of the Image recognition market size and share for the projected period of 2020-2027
    • Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
    • Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Image recognition market
    • Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
    • Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities

    Market Overview:

    The research report on the Image recognition market is formulated through extensive primary and secondary research along with qualitative and quantitative analysis of vital aspects of the market. The insightful data is further validated and verified by the industry professionals. The report strives to offer deeper insights into the overall market scenario of the Image recognition business sphere.

    Thank you for reading the report. The report can be customized as per the requirements of the clients. For further information or query about customization, please reach out to us, and we will offer you the report best suited for your needs.

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