The global Image Recognition market, valued at $25.12 billion in 2020, is projected to expand to $88.01 billion by 2028, reflecting a compound annual growth rate (CAGR) of 16.78% from 2021 to 2028. This substantial growth is driven by various macro and microeconomic factors, including the rising demand for image recognition technology in the automotive sector.
The latest research report by Evolve Business Intelligence explores the various factors influencing the global market. It includes an analysis of the current market size, forecasts for key segments and regions, and the driving forces behind market growth. The report examines the potential impacts of key trends on business strategies and provides a SWOT analysis of critical sectors for each major competitor and customer group. This valuable data highlights the conglomerates likely to impact the industry, crucial for any company planning to invest strategically over the next five years. These insights complement our initial quantitative study, aiding in new investments and strategic planning to mitigate threats in existing sectors.
Segments covered
By Component (Hardware, Software, Services, Others)
By Application (Scanning And Imaging, Security And Surveillance, Image Search, Augmented Reality, Marketing And Advertising, Others)
By Deployment Mode (Cloud, On-Premises, Others)
Key players
Google
Qualcomm
Microsoft
Amazon Web Services
TRAX
NEC Corporation
Huawei
Toshiba
Oracle
IBM
- Chapter 1. Executive Summary
- Chapter 2. Scope Of The Study
- 2.1. Market Definition
- 2.2. Scope Of The Study
- 2.2.1. Objectives of Report
- Chapter 3. Evolve BI Methodology
- Chapter 4. Market Insights and Trends
- 4.1. Supply/ Value Chain Analysis
- 4.2. Porter’s Five Forces Analysis
- 4.2.1. Threat Of New Entrants
- 4.2.2. Bargaining Power Of Buyers
- 4.2.3. Bargaining Power Of Suppliers
- 4.2.4. Threat Of Substitutes
- 4.2.5. Industry Rivalry
- 4.3. Impact of COVID-19 on Image Recognition Market
- 4.3.1. Impact on Market Size
- 4.3.2. End User Trend, Preferences, and Budget Impact
- 4.3.3. Regulatory Framework/Government Policies
- 4.3.4. Key Players Strategy to Tackle Negative Impact
- 4.3.5. Opportunity Window
- Chapter 5. Market Dynamics
- 5.1. Introduction
- 5.2. DRO Analysis
- 5.2.1. Drivers
- 5.2.2. Restraints
- 5.2.3. Opportunities
- Chapter 6. Global Image Recognition Market, By Component
- 6.1. Introduction
- 6.2. Hardware
- 6.3. Software
- 6.4. Services
- 6.5. Others
- Chapter 7. Global Image Recognition Market, By Application
- 7.1. Introduction
- 7.2. Scanning and Imaging
- 7.3. Security and Surveillance
- 7.4. Image Search
- 7.5. Augmented Reality
- 7.6. Marketing and Advertising
- 7.7. Others
- Chapter 8. Global Image Recognition Market, By Deployment Mode
- 8.1. Introduction
- 8.2. cloud
- 8.3. On-premises
- 8.4. Others
- Chapter 9. Global Image Recognition Market, By Region
- 9.1. Introduction
- 9.2. North America
- 9.2.1. Introduction
- 9.2.2. Driving Factors, Opportunity Analyzed and Key Trends
- 9.2.3. Market Size and Forecast, By Country, 2020 - 2028
- 9.2.4. Market Size and Forecast, By Component, 2020 - 2028
- 9.2.5. Market Size and Forecast, By Application, 2020 - 2028
- 9.2.6. Market Size and Forecast, By Deployment Mode, 2020 - 2028
- 9.2.7. US
- 9.2.7.1. Introduction
- 9.2.7.2. Driving Factors, Opportunity Analyzed and Key Trends
- 9.2.7.3. Market Size and Forecast, By Component, 2020 - 2028
- 9.2.7.4. Market Size and Forecast, By Application, 2020 - 2028
- 9.2.7.5. Market Size and Forecast, By Deployment Mode, 2020 - 2028
- 9.2.8. Canada
- 9.2.8.1. Introduction
- 9.2.8.2. Driving Factors, Opportunity Analyzed and Key Trends
- 9.2.8.4. Market Size and Forecast, By Component, 2020 - 2028
- 9.2.8.5. Market Size and Forecast, By Application, 2020 - 2028
- 9.2.8.6. Market Size and Forecast, By Deployment Mode, 2020 - 2028
- 9.3. Europe
- 9.3.1. Introduction
- 9.3.2. Driving Factors, Opportunity Analyzed and Key Trends
- 9.3.3. Market Size and Forecast, By Country, 2020 - 2028
- 9.3.4. Market Size and Forecast, By Component, 2020 - 2028
- 9.3.5. Market Size and Forecast, By Application, 2020 - 2028
- 9.3.6. Market Size and Forecast, By Deployment Mode, 2020 - 2028
- 9.3.7. Germany
- 9.3.7.1. Introduction
- 9.3.7.2. Driving Factors, Opportunity Analyzed and Key Trends
- 9.3.7.3. Market Size and Forecast, By Component, 2020 - 2028
- 9.3.7.4. Market Size and Forecast, By Application, 2020 - 2028
- 9.3.7.5. Market Size and Forecast, By Deployment Mode, 2020 - 2028
- 9.3.8. France
- 9.3.8.1. Introduction
- 9.3.8.2. Driving Factors, Opportunity Analyzed and Key Trends
- 9.3.8.3. Market Size and Forecast, By Component, 2020 - 2028
- 9.3.8.4. Market Size and Forecast, By Application, 2020 - 2028
- 9.3.8.5. Market Size and Forecast, By Deployment Mode, 2020 - 2028
- 9.3.9. UK
- 9.3.9.1. Introduction
- 9.3.9.2. Driving Factors, Opportunity Analyzed and Key Trends
- 9.3.9.3. Market Size and Forecast, By Component, 2020 - 2028
- 9.3.9.4. Market Size and Forecast, By Application, 2020 - 2028
- 9.3.9.5. Market Size and Forecast, By Deployment Mode, 2020 - 2028
- 9.3.10. Italy
- 9.3.10.1. Introduction
- 9.3.10.2. Driving Factors, Opportunity Analyzed and Key Trends
- 9.3.10.3. Market Size and Forecast, By Component, 2020 - 2028
- 9.3.10.4. Market Size and Forecast, By Application, 2020 - 2028
- 9.3.10.5. Market Size and Forecast, By Deployment Mode, 2020 - 2028
- 9.3.11. Rest Of Europe
- 9.3.11.1. Introduction
- 9.3.11.2. Driving Factors, Opportunity Analyzed and Key Trends
- 9.3.11.3. Market Size and Forecast, By Component, 2020 - 2028
- 9.3.11.4. Market Size and Forecast, By Application, 2020 - 2028
- 9.3.11.5. Market Size and Forecast, By Deployment Mode, 2020 - 2028
- 9.4. Asia-Pacific
- 9.4.1. Introduction
- 9.4.2. Driving Factors, Opportunity Analyzed and Key Trends
- 9.4.3. Market Size and Forecast, By Country, 2020 - 2028
- 9.4.4. Market Size and Forecast, By Component, 2020 - 2028
- 9.4.5. Market Size and Forecast, By Application, 2020 - 2028
- 9.4.7. Market Size and Forecast, By Deployment Mode, 2020 - 2028
- 9.4.8. China
- 9.4.8.1. Introduction
- 9.4.8.2. Driving Factors, Opportunity Analyzed and Key Trends
- 9.4.8.3. Market Size and Forecast, By Component, 2020 - 2028
- 9.4.8.4. Market Size and Forecast, By Application, 2020 - 2028
- 9.4.8.5. Market Size and Forecast, By Deployment Mode, 2020 - 2028
- 9.4.9. India
- 9.4.9.1. Introduction
- 9.4.9.2. Driving Factors, Opportunity Analyzed and Key Trends
- 9.4.9.3. Market Size and Forecast, By Component, 2020 - 2028
- 9.4.9.4. Market Size and Forecast, By Application, 2020 - 2028
- 9.4.9.5. Market Size and Forecast, By Deployment Mode, 2020 - 2028
- 9.4.10. Japan
- 9.4.10.1. Introduction
- 9.4.10.2. Driving Factors, Opportunity Analyzed and Key Trends
- 9.4.10.3. Market Size and Forecast, By Component, 2020 - 2028
- 9.4.10.4. Market Size and Forecast, By Application, 2020 - 2028
- 9.4.10.5. Market Size and Forecast, By Deployment Mode, 2020 - 2028
- 9.4.11. South Korea
- 9.4.11.1. Introduction
- 9.4.11.2. Driving Factors, Opportunity Analyzed and Key Trends
- 9.4.11.3. Market Size and Forecast, By Component, 2020 - 2028
- 9.4.11.4. Market Size and Forecast, By Application, 2020 - 2028
- 9.4.11.5. Market Size and Forecast, By Deployment Mode, 2020 - 2028
- 9.4.12. Rest Of Asia-Pacific
- 9.4.11.1. Introduction
- 9.4.12.2. Driving Factors, Opportunity Analyzed and Key Trends
- 9.4.12.3. Market Size and Forecast, By Component, 2020 - 2028
- 9.4.12.4. Market Size and Forecast, By Application, 2020 - 2028
- 9.4.12.5. Market Size and Forecast, By Deployment Mode, 2020 - 2028
- 9.5. Rest Of The World (RoW)
- 9.5.1. Introduction
- 9.5.2. Driving Factors, Opportunity Analyzed and Key Trends
- 9.5.3. Market Size and Forecast, By Component, 2020 - 2028
- 9.5.4. Market Size and Forecast, By Application, 2020 - 2028
- 9.5.5. Market Size and Forecast, By Deployment Mode, 2020 - 2028
- 9.5.6. Market Size and Forecast, By Region, 2020 - 2028
- 9.5.7. South America
- 9.5.7.1. Introduction
- 9.5.7.2. Driving Factors, Opportunity Analyzed and Key Trends
- 9.5.7.3. Market Size and Forecast, By Component, 2020 - 2028
- 9.5.7.4. Market Size and Forecast, By Application, 2020 - 2028
- 9.5.7.5. Market Size and Forecast, By Deployment Mode, 2020 - 2028
- 9.5.8. Middle East & Africa
- 9.5.8.1. Introduction
- 9.5.8.2. Driving Factors, Opportunity Analyzed and Key Trends
- 9.5.8.3. Market Size and Forecast, By Component, 2020 - 2028
- 9.5.8.4. Market Size and Forecast, By Application, 2020 - 2028
- 9.5.8.5. Market Size and Forecast, By Deployment Mode, 2020 - 2028
- Chapter 10. Competitive Landscape
- 10.1. Introduction
- 10.2. Vendor Share Analysis, 2020/Key Players Positioning 2020
- Chapter 11. Company Profiles
- 11.1. Google
- 11.1.1. Business Overview
- 11.1.2. Financial Analysis
- 11.1.3. Product Portfolio
- 11.1.4. Recent Development and Strategies Adopted
- 11.1.5. SWOT Analysis
- 11.2. Qualcomm
- 11.2.1. Business Overview
- 11.2.2. Financial Analysis
- 11.2.3. Product Portfolio
- 11.2.4. Recent Development and Strategies Adopted
- 11.2.5. SWOT Analysis
- 11.3. Microsoft
- 11.3.1. Business Overview
- 11.3.2. Financial Analysis
- 11.3.3. Product Portfolio
- 11.3.4. Recent Development and Strategies Adopted
- 11.3.5. SWOT Analysis
- 11.4. Amazon Web Services
- 11.4.1. Business Overview
- 11.4.2. Financial Analysis
- 11.4.3. Product Portfolio
- 11.4.4. Recent Development and Strategies Adopted
- 11.4.5. SWOT Analysis
- 11.5. TRAX
- 11.5.1. Business Overview
- 11.5.2. Financial Analysis
- 11.5.3. Product Portfolio
- 11.5.4. Recent Development and Strategies Adopted
- 11.5.5. SWOT Analysis
- 11.6. NEC Corporation
- 11.6.1. Business Overview
- 11.6.2. Financial Analysis
- 11.6.3. Product Portfolio
- 11.6.4. Recent Development and Strategies Adopted
- 11.6.5. SWOT Analysis
- 11.7. Huawei
- 11.7.1. Business Overview
- 11.7.2. Financial Analysis
- 11.7.3. Product Portfolio
- 11.7.4. Recent Development and Strategies Adopted
- 11.7.5. SWOT Analysis
- 11.8. Toshiba
- 11.8.1. Business Overview
- 11.8.2. Financial Analysis
- 11.8.3. Product Portfolio
- 11.8.4. Recent Development and Strategies Adopted
- 11.8.5. SWOT Analysis
- 11.9. Oracle
- 11.9.1. Business Overview
- 11.9.2. Financial Analysis
- 11.9.3. Product Portfolio
- 11.9.4. Recent Development and Strategies Adopted
- 11.9.5. SWOT Analysis
- 11.10. IBM
- 11.10.1. Business Overview
- 11.10.2. Financial Analysis
- 11.10.3. Product Portfolio
- 11.9.4. Recent Development and Strategies Adopted
- 11.9.5. SWOT Analysis
- Chapter 12. Key Takeaways
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