AI Image Recognition Market Overview:

The AI Image Recognition Market research provides a comprehensive insight into the competition, including the market share and company profiles of the world's biggest rivals. The research scope covers a comprehensive examination of the AI Image Recognition Market, as well as the causes for variances in the industry's growth across a variety of sectors.

Market Scope:

Top-down and bottom-up approaches are used to validate market size and estimate market size by segment. The market estimations in the research are based on the sale price (excluding any discounts provided by the manufacturer, distributor, wholesaler, or traders). Weights based on usage rate and average sale price are applied to each area to generate percentage splits, market shares, and segment breakdowns. The country-wise divisions of the overall market and its sub-segments are determined by the percentage adoption or usage of the specified market Size in the relevant area or nation.

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Dynamics:

The process of identifying and detecting an object or feature in a digital image or video is known as AI image recognition. In recent years, the field of image recognition has received a lot of praise. The Image Recognition System makes use of user-exchanged data from social networks, apps, and webpages. It makes use of a system that employs artificial intelligence to recognise positions, people, objects, structures, logos, and numerous factors in photos. Numerous systems, including smart photo libraries, targeted advertising, surveillance systems, toll booth control, and factory automation systems, make use of this concept.

Segmentation:

by Product

Cloud-based
On-Premises

by Type

Hardware
Software
Services

by Application

Education
Gaming
Healthcare
Government
Aerospace & Defense
Media & Entertainment
Retail
Banking Financial Services and Insurance
Others

by End-User

Augmented Reality
Scanning & Imaging
Security & Surveillance
Marketing & Advertising
Image Search

Key Players:

Primary and secondary research is used to identify market leaders, and primary and secondary research are used to calculate market revenue. In-depth interviews with important thought leaders and industry professionals such as experienced front-line staff, CEOs, and marketing executives were conducted as part of the primary study. Primary research comprised in-depth interviews with key thought leaders and industry professionals such as experienced front-line staff, CEOs, and marketing executives, while secondary research included a review of the main manufacturers' annual and financial reports. Secondary data is used to determine percentage splits, market shares, growth rates, and worldwide market breakdowns, which are then cross-checked with primary data.

The biggest players in the AI Image Recognition Market are as follows:

1.IBM Corporation
2.Imagga Technologies Ltd
3.Amazon Web Services, Inc
4.Qualcomm
5.Google LLC
6.Microsoft Corporation
7.Trax Technology Solutions Pte Ltd
8.NEC Corporation
9.LTUTech
10.Ricoh Company, Ltd
11.Catchoom Technologies S.L
12.Intel Corporation
13.Honeywell International Inc
14.Hitachi, Ltd
15.Intelligence Retail
16.Slyce Acquisition Inc
17.Blippar Ltd
18.Wikitude GmbH
19.Attrasoft, Inc

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Regional Analysis:

Individual market influencing components and changes in market laws impacting current and future market trends are also covered in the AI Image Recognition Market analysis regional overview. Current and future trends are studied in order to evaluate the overall market potential and find profitable patterns in order to get a firmer footing. The geographical market evaluation is based on the current environment and anticipated trends.

COVID-19 Impact Analysis on AI Image Recognition Market:

End-user industries where AI Image Recognition Market are utilized saw a drop in growth from January 2020 to May 2020 in a number of countries, including China, Italy, Germany, the United Kingdom, and the United States, as well as Spain, France, and India, due to a halt in operations. This resulted in a significant decrease in the revenues of enterprises in these industries, as well as in demand for AI Image Recognition Market manufacturers, harming the AI Image Recognition Market's growth in 2020. End-user business demand for AI Image Recognition Market has decreased as a result of lockdowns and an increase in COVID-19 occurrences throughout the world.

Key Questions Answered in the AI Image Recognition Market Report are:

In 2022, which segment accounted for the most share of the AI Image Recognition Market?
What is the competitive landscape of the AI Image Recognition Market?
What are the key factors influencing AI Image Recognition Market growth?
In the AI Image Recognition Market, which region has the most market share?
What will be the CAGR of the AI Image Recognition Market during the forecast period (2023-2029)?
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