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Global Image Recognition Technology Market Research Report 2024
Synopsis
Image recognition technology is the process of identifying and detecting an object or a feature in a digital image or video. The field of image recognition has gained widespread acclaims in the past few years. Image recognition system uses the data shared by users through various platforms such as social networks, apps, and websites. It uses a technology that detects places, people, items, buildings, logos, and different variables in pictures with the help of artificial intelligence. This concept is used in many applications such as smart photo libraries, targeted advertising, security surveillance, toll booth monitoring, and systems for factory automation
The global Image Recognition Technology market was valued at US$ 363.7 million in 2023 and is anticipated to reach US$ 568.5 million by 2030, witnessing a CAGR of 6.6% during the forecast period 2024-2030.
North American market for Image Recognition Technology is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Image Recognition Technology is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The global market for Image Recognition Technology in IT & Telecom is estimated to increase from $ million in 2023 to $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global companies of Image Recognition Technology include IBM Corporation, Imagga Technologies, Amazon Web Services, Qualcomm Incorporated, Google, Microsoft Corporation, NEC Corporation, LTU technologies and Catchoom Technologies, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Image Recognition Technology, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Image Recognition Technology.
Report Scope
The Image Recognition Technology market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Image Recognition Technology market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Image Recognition Technology companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
IBM Corporation
Imagga Technologies
Amazon Web Services
Qualcomm Incorporated
Google
Microsoft Corporation
NEC Corporation
LTU technologies
Catchoom Technologies
Intel Corporation
Segment by Type
Object Detection
QR/Barcode Recognition
Facial Recognition
Pattern Recognition
Optical Character Recognition
Segment by Application
IT & Telecom
BFSI
Healthcare
Retail
Government
Media & Entertainment
Transportation & Logistics
Manufacturing
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Image Recognition Technology companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Image recognition technology is the process of identifying and detecting an object or a feature in a digital image or video. The field of image recognition has gained widespread acclaims in the past few years. Image recognition system uses the data shared by users through various platforms such as social networks, apps, and websites. It uses a technology that detects places, people, items, buildings, logos, and different variables in pictures with the help of artificial intelligence. This concept is used in many applications such as smart photo libraries, targeted advertising, security surveillance, toll booth monitoring, and systems for factory automation
The global Image Recognition Technology market was valued at US$ 363.7 million in 2023 and is anticipated to reach US$ 568.5 million by 2030, witnessing a CAGR of 6.6% during the forecast period 2024-2030.
North American market for Image Recognition Technology is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Image Recognition Technology is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The global market for Image Recognition Technology in IT & Telecom is estimated to increase from $ million in 2023 to $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global companies of Image Recognition Technology include IBM Corporation, Imagga Technologies, Amazon Web Services, Qualcomm Incorporated, Google, Microsoft Corporation, NEC Corporation, LTU technologies and Catchoom Technologies, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Image Recognition Technology, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Image Recognition Technology.
Report Scope
The Image Recognition Technology market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Image Recognition Technology market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Image Recognition Technology companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
IBM Corporation
Imagga Technologies
Amazon Web Services
Qualcomm Incorporated
Microsoft Corporation
NEC Corporation
LTU technologies
Catchoom Technologies
Intel Corporation
Segment by Type
Object Detection
QR/Barcode Recognition
Facial Recognition
Pattern Recognition
Optical Character Recognition
Segment by Application
IT & Telecom
BFSI
Healthcare
Retail
Government
Media & Entertainment
Transportation & Logistics
Manufacturing
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Image Recognition Technology companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Index1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Image Recognition Technology Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Object Detection
1.2.3 QR/Barcode Recognition
1.2.4 Facial Recognition
1.2.5 Pattern Recognition
1.2.6 Optical Character Recognition
1.3 Market by Application
1.3.1 Global Image Recognition Technology Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 IT & Telecom
1.3.3 BFSI
1.3.4 Healthcare
1.3.5 Retail
1.3.6 Government
1.3.7 Media & Entertainment
1.3.8 Transportation & Logistics
1.3.9 Manufacturing
1.3.10 Others
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Image Recognition Technology Market Perspective (2019-2030)
2.2 Image Recognition Technology Growth Trends by Region
2.2.1 Global Image Recognition Technology Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Image Recognition Technology Historic Market Size by Region (2019-2024)
2.2.3 Image Recognition Technology Forecasted Market Size by Region (2025-2030)
2.3 Image Recognition Technology Market Dynamics
2.3.1 Image Recognition Technology Industry Trends
2.3.2 Image Recognition Technology Market Drivers
2.3.3 Image Recognition Technology Market Challenges
2.3.4 Image Recognition Technology Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Image Recognition Technology Players by Revenue
3.1.1 Global Top Image Recognition Technology Players by Revenue (2019-2024)
3.1.2 Global Image Recognition Technology Revenue Market Share by Players (2019-2024)
3.2 Global Image Recognition Technology Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Image Recognition Technology Revenue
3.4 Global Image Recognition Technology Market Concentration Ratio
3.4.1 Global Image Recognition Technology Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Image Recognition Technology Revenue in 2023
3.5 Image Recognition Technology Key Players Head office and Area Served
3.6 Key Players Image Recognition Technology Product Solution and Service
3.7 Date of Enter into Image Recognition Technology Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Image Recognition Technology Breakdown Data by Type
4.1 Global Image Recognition Technology Historic Market Size by Type (2019-2024)
4.2 Global Image Recognition Technology Forecasted Market Size by Type (2025-2030)
5 Image Recognition Technology Breakdown Data by Application
5.1 Global Image Recognition Technology Historic Market Size by Application (2019-2024)
5.2 Global Image Recognition Technology Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Image Recognition Technology Market Size (2019-2030)
6.2 North America Image Recognition Technology Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Image Recognition Technology Market Size by Country (2019-2024)
6.4 North America Image Recognition Technology Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Image Recognition Technology Market Size (2019-2030)
7.2 Europe Image Recognition Technology Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Image Recognition Technology Market Size by Country (2019-2024)
7.4 Europe Image Recognition Technology Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Image Recognition Technology Market Size (2019-2030)
8.2 Asia-Pacific Image Recognition Technology Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Image Recognition Technology Market Size by Region (2019-2024)
8.4 Asia-Pacific Image Recognition Technology Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Image Recognition Technology Market Size (2019-2030)
9.2 Latin America Image Recognition Technology Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Image Recognition Technology Market Size by Country (2019-2024)
9.4 Latin America Image Recognition Technology Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Image Recognition Technology Market Size (2019-2030)
10.2 Middle East & Africa Image Recognition Technology Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Image Recognition Technology Market Size by Country (2019-2024)
10.4 Middle East & Africa Image Recognition Technology Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 IBM Corporation
11.1.1 IBM Corporation Company Detail
11.1.2 IBM Corporation Business Overview
11.1.3 IBM Corporation Image Recognition Technology Introduction
11.1.4 IBM Corporation Revenue in Image Recognition Technology Business (2019-2024)
11.1.5 IBM Corporation Recent Development
11.2 Imagga Technologies
11.2.1 Imagga Technologies Company Detail
11.2.2 Imagga Technologies Business Overview
11.2.3 Imagga Technologies Image Recognition Technology Introduction
11.2.4 Imagga Technologies Revenue in Image Recognition Technology Business (2019-2024)
11.2.5 Imagga Technologies Recent Development
11.3 Amazon Web Services
11.3.1 Amazon Web Services Company Detail
11.3.2 Amazon Web Services Business Overview
11.3.3 Amazon Web Services Image Recognition Technology Introduction
11.3.4 Amazon Web Services Revenue in Image Recognition Technology Business (2019-2024)
11.3.5 Amazon Web Services Recent Development
11.4 Qualcomm Incorporated
11.4.1 Qualcomm Incorporated Company Detail
11.4.2 Qualcomm Incorporated Business Overview
11.4.3 Qualcomm Incorporated Image Recognition Technology Introduction
11.4.4 Qualcomm Incorporated Revenue in Image Recognition Technology Business (2019-2024)
11.4.5 Qualcomm Incorporated Recent Development
11.5 Google
11.5.1 Google Company Detail
11.5.2 Google Business Overview
11.5.3 Google Image Recognition Technology Introduction
11.5.4 Google Revenue in Image Recognition Technology Business (2019-2024)
11.5.5 Google Recent Development
11.6 Microsoft Corporation
11.6.1 Microsoft Corporation Company Detail
11.6.2 Microsoft Corporation Business Overview
11.6.3 Microsoft Corporation Image Recognition Technology Introduction
11.6.4 Microsoft Corporation Revenue in Image Recognition Technology Business (2019-2024)
11.6.5 Microsoft Corporation Recent Development
11.7 NEC Corporation
11.7.1 NEC Corporation Company Detail
11.7.2 NEC Corporation Business Overview
11.7.3 NEC Corporation Image Recognition Technology Introduction
11.7.4 NEC Corporation Revenue in Image Recognition Technology Business (2019-2024)
11.7.5 NEC Corporation Recent Development
11.8 LTU technologies
11.8.1 LTU technologies Company Detail
11.8.2 LTU technologies Business Overview
11.8.3 LTU technologies Image Recognition Technology Introduction
11.8.4 LTU technologies Revenue in Image Recognition Technology Business (2019-2024)
11.8.5 LTU technologies Recent Development
11.9 Catchoom Technologies
11.9.1 Catchoom Technologies Company Detail
11.9.2 Catchoom Technologies Business Overview
11.9.3 Catchoom Technologies Image Recognition Technology Introduction
11.9.4 Catchoom Technologies Revenue in Image Recognition Technology Business (2019-2024)
11.9.5 Catchoom Technologies Recent Development
11.10 Intel Corporation
11.10.1 Intel Corporation Company Detail
11.10.2 Intel Corporation Business Overview
11.10.3 Intel Corporation Image Recognition Technology Introduction
11.10.4 Intel Corporation Revenue in Image Recognition Technology Business (2019-2024)
11.10.5 Intel Corporation Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
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