Image Recognition Market Expected to Reach 38.92 Billion USD by 2021
According to a new market research report "Image Recognition Market by Technology (Digital Image Processing), Component (Hardware, Software, Service), Application (Augmented Reality), Deployment Type (On-Premises, Cloud), Industry Vertical, and Region - Global Forecast to 2021", published by MarketsandMarkets, the image recognition market is estimated to grow from USD 15.95 Billion in 2016 to USD 38.92 Billion by 2021, at the CAGR of 19.5% between 2016 and 2021.
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