Image Recognition Market Set for Rapid Growth by 2027

(IT-NEWSWIRE.COM, May 09, 2019 ) Worldwide Image Recognition Market Analysis to 2027 is a specialized and in-depth study of the Image Recognition industry with a focus on the global market trend. The report aims to provide an overview of global Image Recognition Market with detailed market segmentation by product/application and geography. The global Image Recognition Market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the Image Recognition players and offers key trends and opportunities in the market.

Key Benefits-

- To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global Image Recognition Market
- To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa)

The image recognition market is experiencing high growth owing to increasing demand for security as well as the availability of image recognition technology powered products. Further, rising internet penetration coupled with high acceptance of social media is propelling the image recognition market growth. Moreover, the rising inclination of diverse industry verticals towards high bandwidth data services as well as machine learning has resulted in the bolstering the demand for image recognition market. However, high installation cost may hamper the image recognition market growth to a certain extent.

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The List of Companies
1. Google Inc.
2. NEC Corporation
3. LTU Technologies
4. Hitachi, Ltd.
5. Honeywell International Inc.
6. Qualcomm Incorporated.
7. Catchoom Technologies S.L.
8. Wikitude GmbH
9. Slyce Inc.
10. Attrasoft, Inc.

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The "Global Image Recognition Market Analysis to 2027" is a specialized and in-depth study of the Image Recognition industry with a focus on the global Image Recognition market trend. The report aims to provide an overview of the global Image Recognition market with detailed market segmentation by component, technology, application, industry and geography. The global image recognition market is expected to witness high growth during the forecast period. The report includes key statistics on the market status of the leading market players and offers key trends and opportunities in the market.

The Image Recognition market research report offers a detailed overview of the industry including both qualitative and quantitative information. It also provides market size and forecast till 2027 for overall Image Recognition market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 16 countries globally along with the current trend and opportunities prevailing in the region.

Besides this, the report analyzes factors affecting Image Recognition market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions considered in the Global Image Recognition Market report.

Also, key image recognition market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products, and services offered, financial information for the last 3 years, key developments in the past five years.

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Reason to Buy:
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Image Recognition Market
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Image Recognition Market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

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Sameer Joshi

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sam@theinsightpartners.com

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Image Recognition Market Set for Rapid Growth by 2027