Recently published research from TechNavio, "Global Image Recognition Market 2014-2018", is now available at Fast Market Research

Boston, MA -- (SBWire) -- 08/21/2014 --Image recognition is a technology used to acquire, analyze and understand images to detect and distinguish images from one another. It is also used to identify and detect an object or a feature in a digital image or video. This technology is used for access control in high-security areas, private and public buildings, and in intelligent buildings where a person's identity and permission rights are compulsory. It is also available as an integrated technology into smartphones applications and used in different application areas such as to make mobile payments, do online shopping and retailing through a high-quality visual environment.

TechNavio's analysts forecast the Global Image Recognition market will grow at a CAGR of 42.91 percent during the period 2013-2018.

Covered in this Report:

This report covers the present scenario and the growth prospects of the Global Image Recognition market for the period 2013-2018. To calculate the market size, the report considers revenue generated from the sales of image recognition solutions in the global market.

View Full Report Details and Table of Contents

The report also presents the vendor landscape and a corresponding detailed analysis of the top four vendors in the market. It provides a geographical segmentation of the markets for the year 2013 and discusses the major drivers that influence the growth of the market. It also outlines the challenges faced by vendors and the market at large, as well as the key trends emerging in the market.

Key Regions:

- North America
- Europe
- APAC
- MEA
- Latin America

Key Vendors:

- Catchoom
- Honeywell
- Itraff Technology
- LTU Technologies

Other Prominent Vendors:

- Blipper
- Hitachi
- NEC
- Panasonic
- Qualcomm Technologies
- Sharp Vision Software
- Toshiba
- Wikitude

Key Market Driver:

- Need for Advanced Security in the Government Sector.
- For a full, detailed list, view our report.

Key Market Challenge:

- Lack of Accuracy.
- For a full, detailed list, view our report.

Key Market Trend:

- Emergence of Advanced Devices.
- For a full, detailed list, view our report.

Key Questions Answered in this Report:

- What will the market size be in 2018 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Companies Mentioned in this Report: Catchoom, Honeywell, Itraff Technology, LTU Technologies, Blipper, Hitachi, NEC, Panasonic, Qualcomm Technologies, Sharp Vision Software, Toshiba, Wikitude

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