According to the research report, “Global Image Recognition Market (2016-2022)”, the Global Image Recognition Market is expected to reach a market size of $ 42,246 million by 2022, growing at a growth rate of 18.0 % during the forecast period. Hardware market would lead the Global Image Recognition market attaining a market share of 50.0% by 2022. However, the Services market would experience the highest growth rate of 22.5 % during the forecast period. Among the different Components Type , the Professional segment is expected to dominate the Global Image Recognition Market thereby growing at a CAGR of 21.6 % during 2016-2022. The North America region would continue to dominate the Image Recognition Market, worldwide by 2022.

Global Image Recognition Market Segmentation

By Component Type

Hardware
Software
Services
Professional
Implementation
Consulting & Training
Support & Maintenance
Managed

By Application

Security & Surveillance
Image Search
Marketing & Advertising
Others

By Vertical

BFSI
Media & Entertainment
Retail & Consumer Goods
Telecom & IT
Government
Healthcare
Transportation & Logistics
Others

By Deployment Mode

Cloud
On-Premise

By Technology

Code Recognition
Digital Image Processing
Facial Recognition
Object Recognition
Pattern Recognition
Others

By Geography

North America Image Recognition Market

U.S. Image Recognition Market
Canada Image Recognition Market
Mexico Image Recognition Market
Rest of North America Image Recognition Market

Europe Image Recognition Market

Germany Image Recognition Market
UK. Image Recognition Market
France Image Recognition Market
Russia Image Recognition Market
Spain Image Recognition Market
Italy Image Recognition Market
Rest of Europe Image Recognition Market

Asia-Pacific Image Recognition Market

China Image Recognition Market
Japan Image Recognition Market
India Image Recognition Market
South Korea Image Recognition Market
Singapore Image Recognition Market
Malaysia Image Recognition Market
Rest of Asia-Pacific Image Recognition Market

LAMEA Image Recognition Market

Brazil Image Recognition Market
Argentina Image Recognition Market
UAE Image Recognition Market
Saudi Arabia Image Recognition Market
South Africa Image Recognition Market
Nigeria Image Recognition Market
Rest of LAMEA Image Recognition Market

Companies Profiled

NEC Corporation
IBM Corporation
Hitachi Ltd.
Catchoom
Google Inc.
Qualcomm Incorporated
Honeywell International, Inc.
LTU Technologies