
Europe Image Recognition Market Size, Share & Trends Analysis Report By Deployment Mode (Cloud, and On-Premise), By Vertical, By Component, By Professional Services Type, By Application, By Technology, By Country and Growth Forecast, 2024 - 2031
Description
Europe Image Recognition Market Size, Share & Trends Analysis Report By Deployment Mode (Cloud, and On-Premise), By Vertical, By Component, By Professional Services Type, By Application, By Technology, By Country and Growth Forecast, 2024 - 2031
The Europe Image Recognition Market would witness market growth of 15.9% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Image Recognition Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $9,027.2 million by 2031. The UK market is exhibiting a CAGR of 14.9% during (2024 - 2031). Additionally, The France market would experience a CAGR of 16.9% during (2024 - 2031).
The rapid expansion of this market is fueled by the proliferation of digital cameras and smartphones equipped with high-quality cameras, making digital images more accessible and abundant. Every day, billions of photos and videos are uploaded to the internet, providing vast data for these systems to learn from. This ubiquity of visual data is a critical driver for developing more advanced these technologies, as it allows for continuous improvements in the accuracy and efficiency of these systems.
Integrating this technology with Internet of Things (IoT) devices transforms various industries by enabling real-time image processing and analysis. This technological convergence is pivotal for applications that require rapid and accurate recognition for functionality and safety, such as smart surveillance, home automation, and autonomous vehicles.
Several Italian cities are integrating this technology into their "Smart City" initiatives to improve urban management and resource allocation. For example, Milan explores this recognition to analyze traffic flow and implement congestion control measures. Turin is piloting a project that utilizes this recognition to identify and penalize individuals who dispose of waste illegally. With its rich cultural heritage, Italy also uses this recognition for artifact identification and theft prevention. The Uffizi Gallery in Florence employs facial recognition technology to monitor visitor flow and identify suspicious activity. Hence, the region will present lucrative growth opportunities for the market throughout the forecast period.
Based on Deployment Mode, the market is segmented into Cloud, and On-Premise. Based on Vertical, the market is segmented into BFSI, Media & Entertainment, Retail & Consumer Goods, Telecom & IT, Government, Healthcare, Transportation & Logistics, and Others. Based on Component, the market is segmented into Hardware, Software, and Services (Professional Services, and Managed Services). Based on Professional Services Type, the market is segmented into Implementation, Consulting & Training, and Support & Maintenance. Based on Application, the market is segmented into Scanning & Imaging, Security & Surveillance, Image Search, Marketing & Advertising, and Others. Based on Technology, the market is segmented into Code Recognition, Digital Image Processing, Facial Recognition, Object Recognition, Pattern Recognition, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
- Hitachi, Ltd.
- Microsoft Corporation
- NEC Corporation
- Thales Group S.A.
- 3M Company
- Cognitec Systems GmbH (Salto Systems, S.L.)
- IBM Corporation
- Onfido Limited (Entrust Corporation)
- Qualcomm Incorporated (Qualcomm Technologies, Inc.)
- Google LLC (Alphabet Inc.)
By Deployment Mode
- Cloud
- On-Premise
- BFSI
- Media & Entertainment
- Retail & Consumer Goods
- Telecom & IT
- Government
- Healthcare
- Transportation & Logistics
- Others
- Hardware
- Software
- Services
- Professional Services
Consulting & Training
Support & Maintenance
- Managed Services
- Scanning & Imaging
- Security & Surveillance
- Image Search
- Marketing & Advertising
- Others
- Code Recognition
- Digital Image Processing
- Facial Recognition
- Object Recognition
- Pattern Recognition
- Others
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Table of Contents
178 Pages
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Europe Image Recognition Market, by Deployment Mode
- 1.4.2 Europe Image Recognition Market, by Vertical
- 1.4.3 Europe Image Recognition Market, by Component
- 1.4.4 Europe Image Recognition Market, by Application
- 1.4.5 Europe Image Recognition Market, by Technology
- 1.4.6 Europe Image Recognition Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- Chapter 4. Competition Analysis - Global
- 4.1 Market Share Analysis, 2023
- 4.2 Porter Five Forces Analysis
- Chapter 5. Europe Image Recognition Market by Deployment Mode
- 5.1 Europe Cloud Market by Country
- 5.2 Europe On-Premise Market by Country
- Chapter 6. Europe Image Recognition Market by Vertical
- 6.1 Europe BFSI Market by Country
- 6.2 Europe Media & Entertainment Market by Country
- 6.3 Europe Retail & Consumer Goods Market by Country
- 6.4 Europe Telecom & IT Market by Country
- 6.5 Europe Government Market by Country
- 6.6 Europe Healthcare Market by Country
- 6.7 Europe Transportation & Logistics Market by Country
- 6.8 Europe Others Market by Country
- Chapter 7. Europe Image Recognition Market by Component
- 7.1 Europe Hardware Market by Country
- 7.2 Europe Software Market by Country
- 7.3 Europe Services Market by Country
- 7.4 Europe Image Recognition Market by Services Type
- 7.4.1 Europe Professional Services Market by Country
- 7.4.2 Europe Image Recognition Market by Professional Services Type
- 7.4.2.1 Europe Implementation Market by Country
- 7.4.2.2 Europe Consulting & Training Market by Country
- 7.4.2.3 Europe Support & Maintenance Market by Country
- 7.4.3 Europe Managed Services Market by Country
- Chapter 8. Europe Image Recognition Market by Application
- 8.1 Europe Scanning & Imaging Market by Country
- 8.2 Europe Security & Surveillance Market by Country
- 8.3 Europe Image Search Market by Country
- 8.4 Europe Marketing & Advertising Market by Country
- 8.5 Europe Others Market by Country
- Chapter 9. Europe Image Recognition Market by Technology
- 9.1 Europe Code Recognition Market by Country
- 9.2 Europe Digital Image Processing Market by Country
- 9.3 Europe Facial Recognition Market by Country
- 9.4 Europe Object Recognition Market by Country
- 9.5 Europe Pattern Recognition Market by Country
- 9.6 Europe Others Market by Country
- Chapter 10. Europe Image Recognition Market by Country
- 10.1 Germany Image Recognition Market
- 10.1.1 Germany Image Recognition Market by Deployment Mode
- 10.1.2 Germany Image Recognition Market by Vertical
- 10.1.3 Germany Image Recognition Market by Component
- 10.1.3.1 Germany Image Recognition Market by Services Type
- 10.1.3.1.1 Germany Image Recognition Market by Professional Services Type
- 10.1.4 Germany Image Recognition Market by Application
- 10.1.5 Germany Image Recognition Market by Technology
- 10.2 UK Image Recognition Market
- 10.2.1 UK Image Recognition Market by Deployment Mode
- 10.2.2 UK Image Recognition Market by Vertical
- 10.2.3 UK Image Recognition Market by Component
- 10.2.3.1 UK Image Recognition Market by Services Type
- 10.2.3.1.1 UK Image Recognition Market by Professional Services Type
- 10.2.4 UK Image Recognition Market by Application
- 10.2.5 UK Image Recognition Market by Technology
- 10.3 France Image Recognition Market
- 10.3.1 France Image Recognition Market by Deployment Mode
- 10.3.2 France Image Recognition Market by Vertical
- 10.3.3 France Image Recognition Market by Component
- 10.3.3.1 France Image Recognition Market by Services Type
- 10.3.3.1.1 France Image Recognition Market by Professional Services Type
- 10.3.4 France Image Recognition Market by Application
- 10.3.5 France Image Recognition Market by Technology
- 10.4 Russia Image Recognition Market
- 10.4.1 Russia Image Recognition Market by Deployment Mode
- 10.4.2 Russia Image Recognition Market by Vertical
- 10.4.3 Russia Image Recognition Market by Component
- 10.4.3.1 Russia Image Recognition Market by Services Type
- 10.4.3.1.1 Russia Image Recognition Market by Professional Services Type
- 10.4.4 Russia Image Recognition Market by Application
- 10.4.5 Russia Image Recognition Market by Technology
- 10.5 Spain Image Recognition Market
- 10.5.1 Spain Image Recognition Market by Deployment Mode
- 10.5.2 Spain Image Recognition Market by Vertical
- 10.5.3 Spain Image Recognition Market by Component
- 10.5.3.1 Spain Image Recognition Market by Services Type
- 10.5.3.1.1 Spain Image Recognition Market by Professional Services Type
- 10.5.4 Spain Image Recognition Market by Application
- 10.5.5 Spain Image Recognition Market by Technology
- 10.6 Italy Image Recognition Market
- 10.6.1 Italy Image Recognition Market by Deployment Mode
- 10.6.2 Italy Image Recognition Market by Vertical
- 10.6.3 Italy Image Recognition Market by Component
- 10.6.3.1 Italy Image Recognition Market by Services Type
- 10.6.3.1.1 Italy Image Recognition Market by Professional Services Type
- 10.6.4 Italy Image Recognition Market by Application
- 10.6.5 Italy Image Recognition Market by Technology
- 10.7 Rest of Europe Image Recognition Market
- 10.7.1 Rest of Europe Image Recognition Market by Deployment Mode
- 10.7.2 Rest of Europe Image Recognition Market by Vertical
- 10.7.3 Rest of Europe Image Recognition Market by Component
- 10.7.3.1 Rest of Europe Image Recognition Market by Services Type
- 10.7.3.1.1 Rest of Europe Image Recognition Market by Professional Services Type
- 10.7.4 Rest of Europe Image Recognition Market by Application
- 10.7.5 Rest of Europe Image Recognition Market by Technology
- Chapter 11. Company Profiles
- 11.1 Hitachi, Ltd.
- 11.1.1 Company Overview
- 11.1.2 Financial Analysis
- 11.1.3 Segmental and Regional Analysis
- 11.1.4 Research & Development Expenses
- 11.1.5 Recent strategies and developments:
- 11.1.5.1 Product Launches and Product Expansions:
- 11.1.6 SWOT Analysis
- 11.2 Microsoft Corporation
- 11.2.1 Company Overview
- 11.2.2 Financial Analysis
- 11.2.3 Segmental and Regional Analysis
- 11.2.4 Research & Development Expenses
- 11.2.5 Recent strategies and developments:
- 11.2.5.1 Product Launches and Product Expansions:
- 11.2.6 SWOT Analysis
- 11.3 NEC Corporation
- 11.3.1 Company Overview
- 11.3.2 Financial Analysis
- 11.3.3 Segmental and Regional Analysis
- 11.3.4 Research & Development Expenses
- 11.3.5 Recent strategies and developments:
- 11.3.5.1 Partnerships, Collaborations, and Agreements:
- 11.3.6 SWOT Analysis
- 11.4 Thales Group S.A.
- 11.4.1 Company Overview
- 11.4.2 Financial Analysis
- 11.4.3 Segmental and Regional Analysis
- 11.4.4 Research & Development Expenses
- 11.4.5 Recent strategies and developments:
- 11.4.5.1 Product Launches and Product Expansions:
- 11.4.6 SWOT Analysis
- 11.5 3M Company
- 11.5.1 Company Overview
- 11.5.2 Financial Analysis
- 11.5.3 Segmental and Regional Analysis
- 11.5.4 Research & Development Expense
- 11.5.5 SWOT Analysis
- 11.6 Cognitec Systems GmbH (Salto Systems, S.L.)
- 11.6.1 Company Overview
- 11.6.2 Recent strategies and developments:
- 11.6.2.1 Product Launches and Product Expansions:
- 11.6.3 SWOT Analysis
- 11.7 Oracle Corporation
- 11.7.1 Company Overview
- 11.7.2 Financial Analysis
- 11.7.3 Segmental and Regional Analysis
- 11.7.4 Research & Development Expense
- 11.7.5 SWOT Analysis
- 11.8 Onfido Limited (Entrust Corporation)
- 11.8.1 Company Overview
- 11.8.2 Recent strategies and developments:
- 11.8.2.1 Partnerships, Collaborations, and Agreements:
- 11.8.3 SWOT Analysis
- 11.9 Qualcomm Incorporated (Qualcomm Technologies, Inc.)
- 11.9.1 Company Overview
- 11.9.2 Financial Analysis
- 11.9.3 Segmental and Regional Analysis
- 11.9.4 Research & Development Expense
- 11.9.5 SWOT Analysis
- 11.10. Google LLC (Alphabet Inc.)
- 11.10.1 Company Overview
- 11.10.2 Financial Analysis
- 11.10.3 Segmental and Regional Analysis
- 11.10.4 Research & Development Expense
- 11.10.5 SWOT Analysis
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