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North America Digital Image Processing Market Size, Share & Trends Analysis Report By Application (Object Recognition, Vision Analytics, Visual Product Search, and Others), By Component (Software, and Services), By End-use, By Country and Growth Forecast,

Publisher Knowledge Based Value (KBV) Research
Published Jan 05, 2024
Length 117 Pages
SKU # KBV18413632

Description

North America Digital Image Processing Market Size, Share & Trends Analysis Report By Application (Object Recognition, Vision Analytics, Visual Product Search, and Others), By Component (Software, and Services), By End-use, By Country and Growth Forecast, 2023 - 2030


The North America Digital Image Processing Market would witness market growth of 18.4% CAGR during the forecast period (2023-2030).

Prominently driving the expansion of the digital image processing industry is the pervasive integration of high-resolution sensor-equipped digital cameras and smartphones. These devices have made capturing images and videos easier for individuals and businesses, creating a vast pool of visual data that requires processing for various purposes. Moreover, e-commerce heavily relies on image processing for image search, product recommendation, and quality assurance. The ongoing growth of the e-commerce sector is anticipated to generate increased demand for digital image processing. This demand is motivated by optimizing operational efficiency and improving user experiences.

Medical imaging is a significant market driver for digital image processing. Magnetic resonance imaging (MRI), computed tomography (CT), and digital radiography, among other cutting-edge technologies, have significantly transformed diagnosing and treating various medical conditions. By enabling healthcare professionals to manipulate and enhance medical images for accurate visualization and analysis, digital image processing contributes to improved patient outcomes and more precise diagnoses.

Telecommunication networks facilitate the transmission of images over long distances. Digital image processing is critical for the compression of images to decrease their dimensions for transmission efficiency while maintaining their quality. Techniques like JPEG and PNG compression rely on image processing algorithms to minimize file sizes while maintaining visual integrity. Hence, the expanding telecommunication industry is propelling the growth of the digital image processing market.

The US market dominated the North America Digital Image Processing Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $5,145 Million by 2030. The Canada market is experiencing a CAGR of 21% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 20% during (2023 - 2030).

Based on Application, the market is segmented into Object Recognition, Vision Analytics, Visual Product Search, and Others. Based on Component, the market is segmented into Software, and Services. Based on End-use, the market is segmented into Retail & E-commerce, Healthcare, BFSI, Automobile & Transportation, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include NVIDIA Corporation, Canon, Inc., Samsung Electronics Co., Ltd. (Samsung Group), Panasonic Holdings Corporation, Cognex Corporation, Teledyne Technologies, Inc., IBM Corporation, Microsoft Corporation, Nikon Corporation, Seiko Epson Corporation.

Scope of the Study

Market Segments covered in the Report:

By Application
  • Object Recognition
  • Vision Analytics
  • Visual Product Search
  • Others
By Component
  • Software
  • Services
By End Use
  • Retail & E-commerce
  • Healthcare
  • BFSI
  • Automobile & Transportation
  • Others
By Country
  • US
  • Canada
  • Mexico
  • Rest of North America
Companies Profiled
  • NVIDIA Corporation
  • Canon, Inc.
  • Samsung Electronics Co., Ltd. (Samsung Group)
  • Panasonic Holdings Corporation
  • Cognex Corporation
  • Teledyne Technologies, Inc.
  • IBM Corporation
  • Microsoft Corporation
  • Nikon Corporation
  • Seiko Epson Corporation
Unique Offerings from KBV Research
  • Exhaustive coverage
  • Highest number of market tables and figures
  • Subscription based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

117 Pages
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Digital Image Processing Market, by Application
1.4.2 North America Digital Image Processing Market, by Component
1.4.3 North America Digital Image Processing Market, by End Use
1.4.4 North America Digital Image Processing 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
3.3 Porter Five Forces Analysis
Chapter 4. Strategies Deployed in Digital Image Processing Market
Chapter 5. North America Digital Image Processing Market by Application
5.1 North America Object Recognition Market by Country
5.2 North America Vision Analytics Market by Country
5.3 North America Visual Product Search Market by Country
5.4 North America Others Market by Country
Chapter 6. North America Digital Image Processing Market by Component
6.1 North America Software Market by Country
6.2 North America Services Market by Country
Chapter 7. North America Digital Image Processing Market by End-use
7.1 North America Retail & E-commerce Market by Country
7.2 North America Healthcare Market by Country
7.3 North America BFSI Market by Country
7.4 North America Automobile & Transportation Market by Country
7.5 North America Others Market by Country
Chapter 8. North America Digital Image Processing Market by Country
8.1 US Digital Image Processing Market
8.1.1 US Digital Image Processing Market by Application
8.1.2 US Digital Image Processing Market by Component
8.1.3 US Digital Image Processing Market by End-use
8.2 Canada Digital Image Processing Market
8.2.1 Canada Digital Image Processing Market by Application
8.2.2 Canada Digital Image Processing Market by Component
8.2.3 Canada Digital Image Processing Market by End-use
8.3 Mexico Digital Image Processing Market
8.3.1 Mexico Digital Image Processing Market by Application
8.3.2 Mexico Digital Image Processing Market by Component
8.3.3 Mexico Digital Image Processing Market by End-use
8.4 Rest of North America Digital Image Processing Market
8.4.1 Rest of North America Digital Image Processing Market by Application
8.4.2 Rest of North America Digital Image Processing Market by Component
8.4.3 Rest of North America Digital Image Processing Market by End-use
Chapter 9. Company Profiles
9.1 NVIDIA Corporation
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expenses
9.1.5 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.6 SWOT Analysis
9.2 Canon, Inc.
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expenses
9.2.5 Recent strategies and developments:
9.2.5.1 Partnerships, Collaborations, and Agreements:
9.2.6 SWOT Analysis
9.3 Samsung Electronics Co., Ltd. (Samsung Group)
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 SWOT Analysis
9.4 Panasonic Holdings Corporation
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expenses
9.4.5 SWOT Analysis
9.5 Cognex Corporation
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Regional Analysis
9.5.4 Research & Development Expense
9.5.5 Recent strategies and developments:
9.5.5.1 Product Launches and Product Expansions:
9.5.5.2 Acquisition and Mergers:
9.5.6 SWOT Analysis
9.6 Teledyne Technologies, Inc.
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Recent strategies and developments:
9.6.4.1 Product Launches and Product Expansions:
9.6.5 SWOT Analysis
9.7 IBM Corporation
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Regional & Segmental Analysis
9.7.4 Research & Development Expenses
9.7.5 SWOT Analysis
9.8 Microsoft Corporation
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expenses
9.8.5 Recent strategies and developments:
9.8.5.1 Partnerships, Collaborations, and Agreements:
9.8.6 SWOT Analysis
9.9 Nikon Corporation
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Research & Development Expense
9.9.5 Recent strategies and developments:
9.9.5.1 Product Launches and Product Expansions:
9.9.6 SWOT Analysis
9.10. Seiko Epson Corporation
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Segmental and Regional Analysis
9.10.4 Research & Development Expenses
9.10.5 SWOT Analysis

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