Global Image Recognition Market Size by Technology, Deployment (On-premise, Cloud, Hybrid), Vertical (IT & Telecom, Retail, Healthcare, BFSI, Government) & Region - Key Manufacturers, Analysis, Growth Trends, and Forecast till 2026

The global image recognition market was estimated to be valued at USD XX million in 2018 and is projected to reach USD XX million by 2026, at a CAGR of XX% during 2019 to 2026. Scope of image recognition market includes by Technology (Code Recognition, Digital Image Processing, Facial Recognition, Object Recognition, Pattern Recognition, Optical Character Recognition), by Deployment (On-premise, Cloud), by Vertical (IT & Telecom, Retail, Healthcare, BFSI, Government, Others) & by Region (North America- U.S., Canada; Europe- Germany, U.K., France; Asia-Pacific- China, India, Japan; Latin America- Brazil, Mexico; Middle East & Africa- UAE, Saudi Arabia, South Africa).

Image recognition is the ability of software to recognize objects, places, people, writing and actions in images. This can be achieved with machine vision technologies along with a camera and artificial intelligence software. Rising demand for image recognition applications, rising high bandwidth data services applications, growing demand for security applications and image recognition functions enabled products are some of the major driving factors for global image recognition market.

However, high installation cost of image recognition systems, low resolution image size and storage are the major limiting factors for image recognition market. Regardless of these limitations, rising demand for brand recognition amid end user in multiple sectors will further create more opportunities for image recognition market in the forecast period.

The image recognition market is primarily segmented based on different technology, deployment, vertical and regions.

Based on technology, the market is divided into:
* Code Recognition
* Digital Image Processing
* Facial Recognition
* Object Recognition
* Pattern Recognition
* Optical Character Recognition

Based on deployment, the market is divided into:
* On-premise
* Cloud

Based on vertical, the market is divided into:
* IT & Telecom
* Retail
* Healthcare
* BFSI
* Government
* Others

Moreover, the market is classified based on regions and countries as follows:
* North America (United States, Canada)
* Europe (Germany, UK, France, Rest of Europe)
* Asia Pacific (China, India, Japan, Rest of Asia Pacific)
* Latin America (Brazil, Mexico, Rest of Latin America)
* Middle East & Africa (Saudi Arabia, UAE, South Africa, Rest of Middle East & Africa)

Key Market Players:
The key players profiled in the market include:
* Qualcomm Incorporated.
* NEC Corporation
* Google Inc.
* LTU Technologies
* Catchoom Technologies S.L.
* Honeywell International Inc.
* Hitachi, Ltd.
* Slyce Inc.
* Wikitude GmbH
* Attrasoft, Inc.

These organizations are focusing on growth strategies, such as new product launches, expansions, acquisitions, and agreements & partnerships to expand their operations across the globe.

Key Benefits of the Report:

* Global, regional, technology, deployment and vertical wise market size and their forecast from 2015-2026
* Identification and detailed analysis on key market dynamics, such as, drivers, restraints, opportunities, and challenges influencing growth of the market
* Detailed analysis on product outlook with market specific Porter’s Five Forces analysis, PEST analysis, and Value Chain, to better understand the market and build expansion strategies
* Identification of key market players and comprehensively analyze their market share and core competencies, detailed financial positions, key products, and unique selling points
* Analysis on key players’ strategic initiatives and competitive developments, such as joint ventures, mergers, and new product launches in the market
* Expert interviews and their insights on market shift, current and future outlook, and factors impacting vendors’ short term and long term strategies
* Detailed insights on emerging regions, technologies, deployments and verticals with qualitative and quantitative information and facts

Target Audience:
* Image Recognition Providers
* Research and Consulting Firms
* Government and Research Organizations
* Associations and Industry Bodies

Research Methodology:

The market is derived through extensive use of secondary, primary, in-house research followed by expert validation and third party perspective, such as, analyst reports of investment banks. The secondary research is the primary base of our study wherein we conducted extensive data mining, referring to verified data types, such as, white papers, research and regulatory published articles, technical journals, trade magazines, and paid data types.

For forecasting, regional demand & supply factors, recent investments, market dynamics including technical growth scenario, consumer behavior, and end use trends and dynamics, and production trends were taken into consideration. Different weightages have been assigned to these parameters and quantified their market impacts using the weighted average analysis to derive the market growth rate.

The market estimates and forecasts have been verified through exhaustive primary research with the Key Industry Participants (KIP), which typically include:
* Government Body and Association
* Research Institutes

Table of Contents

1. Executive Summary

2. Methodology and Scope
2.1. Research Methodology
2.2. Research Scope and Assumptions

3. Image Recognition Market— Market Overview
3.1. Market Segmentation and Scope
3.2. Market Size and Growth Prospects
3.3. Image Recognition Market— Value Chain/Supply Chain Analysis
3.4. Image Recognition Market— Market Dynamics
3.4.1. Market Driver Analysis
3.4.2. Market Challenge Analysis
3.4.3. Market Opportunity Analysis
3.4.4. Market Restraint Analysis
3.5. Image Recognition Market- Porter\'s Five Forces
3.5.1. Bargaining Power of Buyers
3.5.2. Bargaining Power of Suppliers
3.5.3. Competitive Rivalry
3.5.4. Threat of New Entrants
3.5.5. Threat of Substitutes
3.6. Image Recognition Market- PEST Analysis
3.6.1. Political Factors
3.6.2. Economic Factors
3.6.3. Social Factors
3.6.4. Technological Factors
3.7. Image Recognition Market- Industry Trends
3.7.1. Image Recognition Market: Current & Emerging Trends

4. Image Recognition Market by Technology Outlook
4.1. Image Recognition Market Share, by Technology, 2018 & 2026
4.2. Code Recognition
4.2.1. Image Recognition Market, by Code Recognition, 2015 - 2026
4.3. Digital Image Processing
4.3.1. Image Recognition Market, by Digital Image Processing, 2015 - 2026
4.4. Facial Recognition
4.4.1. Image Recognition Market, by Facial Recognition, 2015 - 2026
4.5. Object Recognition
4.5.1. Image Recognition Market, by Object Recognition, 2015 - 2026
4.6. Pattern Recognition
4.6.1. Image Recognition Market, by Pattern Recognition, 2015 - 2026
4.7. Optical Character Recognition
4.7.1. Image Recognition Market, by Optical Character Recognition, 2015 - 2026

5. Image Recognition Market by Deployment Outlook
5.1. Image Recognition Market Share, by Deployment, 2018 & 2026
5.2. On-premise
5.2.1. Image Recognition Market, by On-premise, 2015 - 2026
5.3. Cloud
5.3.1. Image Recognition Market, by Cloud, 2015 - 2026

6. Image Recognition Market by Vertical Outlook
6.1. Image Recognition Market Share, by Vertical, 2018 & 2026
6.2. IT & Telecom
6.2.1. Image Recognition Market, by IT & Telecom, 2015 - 2026
6.3. Retail
6.3.1. Image Recognition Market, by Retail, 2015 - 2026
6.4. Healthcare
6.4.1. Image Recognition Market, by Healthcare, 2015 - 2026
6.5. BFSI
6.5.1. Image Recognition Market, by BFSI, 2015 - 2026
6.6. Government
6.6.1. Image Recognition Market, by Government, 2015 - 2026
6.7. Others
6.7.1. Image Recognition Market, by Others, 2015 - 2026

7. Image Recognition Market Regional Outlook
7.1. Image Recognition Market Share by Region, 2018 & 2026
7.2. Asia Pacific
7.2.1. Key Takeaways
7.2.2. Asia Pacific Image Recognition Market, 2015 - 2026
7.2.3. Asia Pacific Image Recognition Market, by Technology, 2015 - 2026
7.2.4. Asia Pacific Image Recognition Market, by Deployment, 2015 - 2026
7.2.5. Asia Pacific Image Recognition Market, by Vertical, 2015 - 2026
7.2.6. China
7.2.6.1. China Image Recognition Market, by Technology, 2015 - 2026
7.2.6.2. China Image Recognition Market, by Vertical, 2015 - 2026
7.2.7. India
7.2.7.1. India Image Recognition Market, by Technology, 2015 - 2026
7.2.7.2. India Image Recognition Market, by Vertical, 2015 - 2026
7.2.8. Japan
7.2.8.1. Japan Image Recognition Market, by Technology, 2015 - 2026
7.2.8.2. Japan Image Recognition Market, by Vertical, 2015 - 2026
7.2.9. Rest of Asia Pacific
7.2.9.1. Rest of Asia Pacific Image Recognition Market, by Technology, 2015 - 2026
7.2.9.2. Rest of Asia Pacific Image Recognition Market, by Vertical, 2015 - 2026
7.3. Europe
7.3.1. Key Takeaways
7.3.2. Europe Image Recognition Market, 2015-2026
7.3.3. Europe Image Recognition Market, by Technology, 2015 - 2026
7.3.4. Europe Image Recognition Market, by Deployment, 2015 - 2026
7.3.5. Europe Image Recognition Market, by Vertical, 2015 - 2026
7.3.6. Germany
7.3.6.1. Germany Image Recognition Market, by Technology, 2015 - 2026
7.3.6.2. Germany Image Recognition Market, by Vertical, 2015 - 2026
7.3.7. UK
7.3.7.1. UK Image Recognition Market, by Technology, 2015 - 2026
7.3.7.2. UK Image Recognition Market, by Vertical, 2015 - 2026
7.3.8. France
7.3.8.1. France Image Recognition Market, by Technology, 2015 - 2026
7.3.8.2. France Image Recognition Market, by Vertical, 2015 - 2026
7.3.9. Rest of Europe
7.3.9.1. Rest of Europe Image Recognition Market, by Technology, 2015 - 2026
7.3.9.2. Rest of Europe Image Recognition Market, by Vertical, 2015 - 2026
7.4. North America
7.4.1. Key Takeaways
7.4.2. North America Image Recognition Market, 2015-2026
7.4.3. North America Image Recognition Market, by Technology, 2015 - 2026
7.4.4. North America Image Recognition Market, by Deployment, 2015 - 2026
7.4.5. North America Image Recognition Market, by Vertical, 2015 - 2026
7.4.6. US
7.4.6.1. US Image Recognition Market, by Technology, 2015 - 2026
7.4.6.2. US Image Recognition Market, by Vertical, 2015 - 2026
7.4.7. Canada
7.4.7.1. Canada Image Recognition Market, by Technology, 2015 - 2026
7.4.7.2. Canada Image Recognition Market, by Vertical, 2015 - 2026
7.5. Middle East & Africa
7.5.1. Key Takeaways
7.5.2. Middle East & Africa Image Recognition Market, 2015-2026
7.5.3. Middle East & Africa Image Recognition Market, by Technology, 2015-2026
7.5.4. Middle East & Africa Image Recognition Market, by Deployment, 2015-2026
7.5.5. Middle East & Africa Image Recognition Market, by Vertical, 2015-2026
7.5.6. UAE
7.5.6.1. UAE Image Recognition Market, by Technology, 2015 - 2026
7.5.6.2. UAE Image Recognition Market, by Vertical, 2015 - 2026
7.5.7. Saudi Arabia
7.5.7.1. Saudi Arabia Image Recognition Market, by Technology, 2015 - 2026
7.5.7.2. Saudi Arabia Image Recognition Market, by Vertical, 2015 - 2026
7.5.8. South Africa
7.5.8.1. South Africa Image Recognition Market, by Technology, 2015 - 2026
7.5.8.2. South Africa Image Recognition Market, by Vertical, 2015 - 2026
7.5.9. Rest of Middle East & Africa
7.5.9.1. Rest of Middle East & Africa Image Recognition Market, by Technology, 2015 - 2026
7.5.9.2. Rest of Middle East & Africa Image Recognition Market, by Vertical, 2015 - 2026
7.6. Latin America
7.6.1. Key Takeaways
7.6.2. Latin America Image Recognition Market, 2015-2026
7.6.3. Latin America Image Recognition Market, by Technology, 2015 - 2026
7.6.4. Latin America Image Recognition Market, by Deployment, 2015 - 2026
7.6.5. Latin America Image Recognition Market, by Vertical, 2015 - 2026
7.6.6. Brazil
7.6.6.1. Brazil Image Recognition Market, by Technology, 2015 - 2026
7.6.6.2. Brazil Image Recognition Market, by Vertical, 2015 - 2026
7.6.7. Mexico
7.6.7.1. Mexico Image Recognition Market, by Technology, 2015 - 2026
7.6.7.2. Mexico Image Recognition Market, by Vertical, 2015 - 2026
7.6.8. Rest of Latin America
7.6.8.1. Rest of Latin America Image Recognition Market, by Technology, 2015 - 2026
7.6.8.2. Rest of Latin America Image Recognition Market, by Vertical, 2015 - 2026

8. Competitive Landscape
8.1. Image Recognition Market— Market Share Analysis, by Key Players, 2018
8.1.1. Vendor Landscape
8.2. Company Profiles
8.2.1. Qualcomm Incorporated.
8.2.1.1. Company Overview
8.2.1.2. Financials
8.2.1.3. Product Portfolio
8.2.1.4. Strategic Initiatives
8.2.2. NEC Corporation
8.2.2.1. Company Overview
8.2.2.2. Financials
8.2.2.3. Product Portfolio
8.2.2.4. Strategic Initiatives
8.2.3. Google Inc.
8.2.3.1. Company Overview
8.2.3.2. Financials
8.2.3.3. Product Portfolio
8.2.3.4. Strategic Initiatives
8.2.4. LTU Technologies
8.2.4.1. Company Overview
8.2.4.2. Financials
8.2.4.3. Product Portfolio
8.2.4.4. Strategic Initiatives
8.2.5. Catchoom Technologies S.L.
8.2.5.1. Company Overview
8.2.5.2. Financials
8.2.5.3. Product Portfolio
8.2.5.4. Strategic Initiatives
8.2.6. Honeywell International Inc.
8.2.6.1. Company Overview
8.2.6.2. Financials
8.2.6.3. Product Portfolio
8.2.6.4. Strategic Initiatives
8.2.7. Hitachi, Ltd.
8.2.7.1. Company Overview
8.2.7.2. Financials
8.2.7.3. Product Portfolio
8.2.7.4. Strategic Initiatives
8.2.8. Slyce Inc.
8.2.8.1. Company Overview
8.2.8.2. Financials
8.2.8.3. Product Portfolio
8.2.8.4. Strategic Initiatives
8.2.9. Wikitude GmbH
8.2.9.1. Company Overview
8.2.9.2. Financials
8.2.9.3. Product Portfolio
8.2.9.4. Strategic Initiatives
8.2.10. Attrasoft, Inc.
8.2.10.1. Company Overview
8.2.10.2. Financials
8.2.10.3. Product Portfolio
8.2.10.4. Strategic Initiatives

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