According to a research report, “Global Image Recognition Market (2016-2022)”, the Global Image Recognition Market is expected to reach a market size of $ 42,246 million by 2022, growing at a growth rate of 18.0 % during the forecast period. Hardware market would lead the Global Image Recognition market attaining a market share of 50.0% by 2022. However, the Services market would experience the highest growth rate of 22.5 % during the forecast period.

Among the different Components Type , the Professional segment is expected to dominate the Global Image Recognition Market thereby growing at a CAGR of 21.6 % during 2016-2022. The North America region would continue to dominate the Image Recognition Market, wordwide by 2022.

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Global Image Recognition Market Segmentation

By Component Type

• Hardware
• Software
• Services
  • Professional
    • Implementation
    • Consulting & Training
    • Support & Maintenance
  • Managed

By Application

• Security & Surveillance
• Image Search
• Marketing & Advertising
• Others

By Vertical

• BFSI
• Media & Entertainment
• Retail & Consumer Goods
• Telecom & IT
• Government
• Healthcare
• Transportation & Logistics
• Others

By Deployment Mode

• Cloud
• On-Premise

By Technology

• Code Recognition
• Digital Image Processing
• Facial Recognition
• Object Recognition
• Pattern Recognition
• Others

By Geography

• North America Image Recognition Market
  •  
  • U.S. Image Recognition Market
  • Canada Image Recognition Market
  • Mexico Image Recognition Market
  • Rest of North America Image Recognition Market
•  
• Europe Image Recognition Market
  •  
  • Germany Image Recognition Market
  • U.K. Image Recognition Market
  • France Image Recognition Market
  • Russia Image Recognition Market
  • Spain Image Recognition Market
  • Italy Image Recognition Market
  • Rest of Europe Image Recognition Market
•  
• Asia-Pacific Image Recognition Market
  •  
  • China Image Recognition Market
  • Japan Image Recognition Market
  • India Image Recognition Market
  • South Korea Image Recognition Market
  • Singapore Image Recognition Market
  • Malaysia Image Recognition Market
  • Rest of Asia-Pacific Image Recognition Market
•  
• LAMEA Image Recognition Market
  •  
  • Brazil Image Recognition Market
  • Argentina Image Recognition Market
  • UAE Image Recognition Market
  • Saudi Arabia Image Recognition Market
  • South Africa Image Recognition Market
  • Nigeria Image Recognition Market
  • Rest of LAMEA Image Recognition Market

Companies Profiled

• NEC Corporation
• IBM Corporation
• Hitachi Ltd.
• Catchoom
• Google Inc.
• Qualcomm Incorporated
• Honeywell International, Inc.
• LTU Technologies

Related Reports:

North America Image Recognition Market(2016-2022)

Europe Image Recognition Market(2016-2022)

Asia Pacific Image Recognition Market(2016-2022)

LAMEA Image Recognition Market(2016-2022)