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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: , Tags: , , , , , , , , , , , , , , ,
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

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    Press Release

    Table of Content

    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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