Houston, TX -- (SBWire) -- 06/05/2018 --The field of image recognition has gained widespread acclaim in the past few years. Consumers are increasingly demanding a variety of image recognition applications and technologies in mobile computing devices and gaming consoles. Businesses have started recognizing the numerous benefits of collecting digital info from images. This digital info can help enhance customer experience and offer new ways to approach customers.
Image recognition refers to technologies that identify places, logos, people, objects, buildings, and several other variables in images. Users are sharing vast amounts of data through apps, social networks, and websites. Additionally, mobile phones equipped with cameras are leading to the creation of limitless digital images and videos. The large volume of digital data is being used by companies to deliver better and smarter services to the people accessing it.
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Key players:
Qualcomm Inc., NEC Corporation, Google Inc., LTU Technologies, Catchoom Technologies S.L., Honeywell International Inc., Hitachi, Ltd., Slyce Inc., Wikitude GmbH, and Attrasoft, Inc., among others.
Based on application, the market has been segmented into augmented reality, scanning and imaging, security and surveillance, marketing and advertising, and image search. The marketing and advertising segment dominated the market in 2016 as many businesses adopted the technology to improve their marketing activities with advanced advertising, customer interaction, and branding.
The growing use of face recognition technology in smart phones, tablets and personal computer owing to the advancement in size and accuracy is propelling the market for face recognition technology. Moreover increasing governmental budget towards homeland security and defense is further driving the market in developing countries. Increasing use of facial recognition access system over card based access system in industries and residence is providing new market opportunities for the facial recognition technology.
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The report analyzes the entire demand and supply chain in the global Image Recognition market and studies the various components. The impact of Porter's five forces on the growth of the market has been also analyzed in the report. Referring to case studies, the report traces the historical development of the market. The demand for each of the product types has been assessed in the report.
Companies listed in the report are profiled with information such as product pictures and specifications, product types, capacity, production, cost, price, Gross, and revenue. Industry analysis tools such as SWOT analysis are used to measure the strengths, weaknesses, opportunities, and threats in the global Image Recognition market. The report highlights the many benefits of this market. As per the findings of the research report, primary and secondary research have been conducted in this report.
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Furthermore, this report identifies pin-point analysis of changing competition dynamics and keeps you ahead in competition. It offers a forward looking perspective on different factors driving or restraining market growth. It brings a six-year forecast assessed on the basis of how the market is anticipated to grow. It aids in understanding the key product segments and their future. It advices in taking informed business decisions by giving complete insights of market and by forming in-depth analysis of market segments. Lastly, it also provides definite graphics and personified SWOT analysis of major market segments.
Table Of Content:
Global Image Recognition Market Research Report 2017-2021
Image Recognition Market Overview
Global Economic Impact on Image Recognition Industry
Global Image Recognition Market Competition by Manufacturers
Global Image Recognition Production, Revenue (Value) by Region (2012-2017)
Global Image Recognition Supply (Production), Consumption, Export, Import by Regions (2012-2017)
Global Image Recognition Production, Revenue (Value), Price Trend by Type
Global Image Recognition Market Analysis by Application
Image Recognition Manufacturing Cost Analysis
Industrial Chain, Sourcing Strategy and Downstream Buyers
Marketing Strategy Analysis, Distributors/Traders
Market Effect Factors Analysis
Global Image Recognition Market Forecast (2017-2021)
Appendix
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Global Image Recognition Market Analysis Regional Outlook, Segments and Forecast to 2021
Global Image Recognition Market Analysis Regional Outlook, Segments And Forecast To 2021