Image Recognition Market Analysis and Global Forecast (2021-2028) with COVID Impact Analysis

Name: Image Recognition Market Analysis and Global Forecast (2021-2028) with COVID Impact Analysis
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Global Image Recognition Market 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) And By Geography – Covid-19 Impact Analysis, Post Covid Analysis, Opportunities, Trends And Forecast From 2021 To 2028

Report Code: EB_ICT_872 | Page: 139 | Published Date: April 2021

Categories: Information and Communication Technology, Technology Tags: ai image recognition, facial recognition software, image detection, image detection python, image identification, image object detection, image processing and pattern recognition, Image recognition Industry, Image recognition Market Growth, Image recognition Market Size, Image recognition Market Trends, Image recognition Share, image recognition technology, image recognition tools, photo face recognition, visual recognition

Description

The global Image Recognition market size was valued at $25.12 Billion in 2020 and is expected to reach $88.01 Billion by 2028 growing at the CAGR of 16.78% from 2021 to 2028. This growth is attributed to several macro and microeconomic factors such as

Increasing need for image recognition in the automotive industry
Rising demand for security applications and products enabled with image recognition functions
Driver 3

Further several factors restraining the market growth include

The high installation cost of image recognition solutions
Restrain 2

Collaborations and Alliances in the Image Recognition market are expected to generate higher avenues during the forecast period.

The COVID-19 pandemic has led to supply chain disruptions leading to supply shortages or lower demand in the Image Recognition market. The travel restrictions and social-distancing measures have resulted in a sharp drop in consumer and business spending and this pattern is to continue for some time. The end-user trend and preferences have changed due to the pandemic and have resulted in manufacturers, developers, and service providers adopting various strategies to stabilize the company.

In terms of COVID 19 impact, the Image Recognition market report also includes the following data points:

Impact on Image Recognition market size
End-User Trend, Preferences, and Budget Impact
Regulatory Framework/Government Policies
Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
Opportunity in the Image Recognition market

Key Insight in the report:

The global Image Recognition market report covers executive summary, market dynamics, COVID impact & post COVID scenario, market size and forecast, competitive intelligence, market positioning, and product offerings.

Our report covers extensive competitive intelligence which includes the following data points:

Business Overview
Business Segment Data
Financial Data
Product Segment Analysis and Specification
Recent Development and Company Strategy Analysis
SWOT Analysis

The report covers market sizing and forecasting at the country level as well as at the segment level. The Image Recognition market is analyzed across the below-mentioned different segments:

Component
- Hardware
- Software
- Services
- Others
Application
- Scanning and Imaging
- Security and Surveillance
- Image Search
- Augmented Reality
- Marketing and Advertising
- Others
Deployment Mode
- cloud
- On-premises
- Others

The Image Recognition market is also analyzed across the below-mentioned regions/countries:

North America
- US
- Canada
- Mexico
Europe
- UK
- Germany
- France
- Italy
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia Pacific
Rest of the World
- South America
- Middle East & Africa

Some of the key players in the Image Recognition market include:

Google
Qualcomm
Microsoft
Amazon Web Services
TRAX
NEC Corporation
Huawei
Toshiba
Oracle
IBM

REPORT CONTENT BRIEF:

High-level analysis of the current and future market trends and opportunities
Detailed analysis on current market drivers, restraining factors, and opportunities in the future
Image Recognition market estimates for 2020 and forecast from 2021 to 2028
Vendor market share analysis at each product level
Competitor analysis with a detailed insight into its product segment, financial strength, and strategies adopted.
Identifies key strategies adopted including product launches and developments, mergers and acquisitions, joint ventures, collaborations, and partnerships as well as funding took an investment done, among others.

Target Audience

Manufacturers
Suppliers and traders
Government, associations, and industrial bodies
Investors and trade experts
Consulting Firms or Individual Consultant
Anyone interested in understanding the industry dynamics of the Image Recognition market

For more details mail us at

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Table of Content

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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Research Methodology

Image Recognition Market Analysis and Global Forecast (2021-2028) with COVID Impact Analysis

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