Global Image Recognition Market By Component (Software, Hardware, Services), By Technology (Digital Image Processing, Code Recognition, Facial Recognition, Object Recognition, Pattern Recognition, Optical Character Recognition), By Deployment (On Premise, On Cloud), By Application (Scanning and Imaging, Security and Surveillance, Image Search, Augmented Reality, Marketing and Advertisement), By End User (IT & Telecom, Government, Retail, Automobile, Healthcare, Media & Entertainment, BFSI, Others), By Region, Competition, Forecast & Opportunities, 2026

  • Industry : ICT
  • Pages : 110
  • Published Date : November, 2021
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Summary

Report Description

The global image recognition market was valued at USD27.764 billion in 2020 and is projected to reach USD73.344 billion by 2026. Rising usage of advanced driver assistance systems, introduction of visual search engines, increasing need for content moderation on social media and other online platforms, and introduction of smart farming techniques in the agriculture industry to identify plant diseases, worms, and other insects, etc. are expected to positively influence the global image recognition market in the coming years. The increased use of image recognition systems in the retail and healthcare industries are further expected to drive growth in the industry. However, concerns related to the training model generalization, comprehensive scene understanding, and automated network engineering might affect the growth in the industry in the forecast period.

Global image recognition market can be segmented into component, technology, deployment, application, end user and region. Based on component, the market can be segmented into software, hardware, and services. The software dominated the market in 2020 and is expected to do so in the forecast period as well. Image recognition software tags images uses a variety of identifiers. It describes objects such as locations, backgrounds, people, text, and behaviour automatically. Artificial intelligence tests aid in the development of image recognition. This provides the software with a comprehensive understanding of patterns and machine learning.  

Based on the technology, the market can be segmented into digital image processing, code recognition, facial recognition, object recognition, pattern recognition and optical character recognition. The digital image processing segment held a market share of 24.08% in the year 2020. Almost in every field, digital image processing has a real-time effect on things and is evolving with the passage of time and the introduction of new technologies. There are several applications in the medical field that rely on the operation of digital image processing, such as Gamma-ray imaging PET scan, X-Ray Imaging, Medical CT scan, and UV imaging, among others.

Based on deployment, the market is bifurcated into on premise and on cloud. The on cloud segment is expected to be the fastest growing segment because of the rapid adoption of cloud-based platforms. Based on application, the market is segmented into scanning and imaging, security and surveillance, image search, augmented reality and marketing and advertisement. The scanning and imaging segment held a major share in the market, capturing a market share of 20.78% in 2020.

Based on end user, the market is segmented into IT and telecom, government, healthcare, retail, automotive, media and entertainment, BFSI, and others, including power and energy, oil and gas, transportation and logistics, etc. The retail industry is expected to be the fastest growing segment as it has a wide adoption of image recognition in search and advertisement.

Regionally, the image recognition market has been segmented into various regions including North America, Asia-Pacific, Europe, South America, and Middle East & Africa. Among these regions, North America is expected to dominate the market on account of the widespread adoption of facial recognition systems, drones, etc. However, the Asia-Pacific region is expected to grow at a higher pace owing to large investments in AI and big data technologies and growing popularity of social media platforms.

The major players operating in the global image recognition market are Amazon.Com, Inc, Alphabet Inc., Microsoft Corporation, IBM Corporation, Qualcomm Inc, NEC Corporation, Hitachi Ltd., Toshiba Corporation, Fujitsu Limited, Honeywell International Inc., Oracle Corporation, Catchoom Technologies S.L., Vispera Information Technologies, Ximilar, and LTU Technologies Inc. These companies are developing advanced technologies and launching new products to stay competitive in the market. Other competitive strategies include mergers and acquisitions and new service developments.

Years considered for this report:

Historical Years: 2016-2019

Base Year: 2020

Estimated Year: 2021

Forecast Period: 2022-2026

Objective of the Study:

  • To analyze the historical growth in the market size of the global image recognition market from 2016 to 2020.
  • To estimate and forecast the market size of global image recognition market from 2021 to 2026 and growth rate until 2026.
  • To classify and forecast the global image recognition market based on component, technology, deployment, application, end user, company and regional distribution.
  • To identify the dominant region or segment in the global image recognition market.
  • To identify drivers and challenges for the global image recognition market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the global image recognition market.
  • To identify and analyze the profiles of leading players operating in the global image recognition market.
  • To identify key sustainable strategies adopted by market players in the global image recognition market.


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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of service providers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the providers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the providers, distribution channels and presence of all major players across the globe.

TechSci Research calculated the market size of the global image recognition market using a top-down approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these products and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

  • Image recognition developers/ service providers/ distributors
  • Market research and consulting firms
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums, and alliances related to image recognition

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, the global image recognition market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Image Recognition Market, By Component:
    • Software
    • Hardware
    • Services

·         Image Recognition Market, By Technology:

    • Digital Image Processing
    • Code Recognition
    • Facial Recognition
    • Object Recognition
    • Pattern Recognition
    • Optical Character Recognition
  • Image Recognition Market, By Deployment:
    • On Premise
    • On Cloud
  • Image Recognition Market, By Application:
    • Scanning and Imaging
    • Security and Surveillance
    • Image Search
    • Augmented Reality
    • Marketing and Advertisement
  • Image Recognition Market, By End User:
    • IT and Telecom
    • Government
    • Healthcare
    • Retail
    • Automotive
    • Media and Entertainment
    • BSFI
    • Others
  • Image Recognition Market, By Region:
    • North America
      • United States
      • Canada
      • Mexico
    • Asia-Pacific
      • China
      • Japan
      • India
      • South Korea
      • Australia
    • Europe
      • United Kingdom
      • Germany
      • France
      • Italy
      • Spain
    • South America
      • Brazil
      • Argentina
      • Colombia
    • Middle East & Africa
      • UAE
      • Saudi Arabia
      • Kuwait
      • South Africa

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Image Recognition Market.

Available Customizations:

With the given Market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Table of content

1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Global Image Recognition Market

4.    Executive Summary

5.    Voice of Customer

5.1.  Commonly Used Image Recognition Technologies

5.2.  Benefits of Using Image Recognition for Retail Industry

5.3.  Satisfaction Level of Image Recognition Users

5.4.  Concerns related to Usage of Image Recognition

6.    Global Image Recognition Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Component (Software, Hardware, Services)

6.2.2.     By Technology (Digital Image Processing, Code Recognition, Facial Recognition, Object Recognition, Pattern Recognition, Optical Character Recognition)

6.2.3.     By Deployment (On Premise, On Cloud)

6.2.4.     By Application (Scanning and Imaging, Security and Surveillance, Image Search, Augmented Reality, Marketing and Advertisement)

6.2.5.     By End User (IT & Telecom, Government, Retail, Automobile, Healthcare, Media & Entertainment, BFSI, Others)

6.2.6.     By Company (2020)

6.2.7.     By Region

6.3.  Market Map

7.    North America Image Recognition Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Component

7.2.2.     By Technology

7.2.3.     By Deployment

7.2.4.     By Application

7.2.5.     By End User

7.2.6.     By Country

7.3.  North America: Country Analysis

7.3.1.     United States Image Recognition Market Outlook

7.3.1.1.         Market Size & Forecast

7.3.1.1.1.             By Value

7.3.1.2.         Market Share & Forecast

7.3.1.2.1.             By Component

7.3.1.2.2.             By Technology

7.3.1.2.3.             By Deployment

7.3.1.2.4.             By Application

7.3.1.2.5.             By End User

7.3.2.     Canada Image Recognition Market Outlook

7.3.2.1.         Market Size & Forecast

7.3.2.1.1.             By Value

7.3.2.2.         Market Share & Forecast

7.3.2.2.1.             By Component

7.3.2.2.2.             By Technology

7.3.2.2.3.             By Deployment

7.3.2.2.4.             By Application

7.3.2.2.5.             By End User

7.3.3.     Mexico Image Recognition Market Outlook

7.3.3.1.         Market Size & Forecast

7.3.3.1.1.             By Value

7.3.3.2.         Market Share & Forecast

7.3.3.2.1.             By Component

7.3.3.2.2.             By Technology

7.3.3.2.3.             By Deployment

7.3.3.2.4.             By Application

7.3.3.2.5.             By End User

8.    Asia-Pacific Image Recognition Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Component

8.2.2.     By Technology

8.2.3.     By Deployment

8.2.4.     By Application

8.2.5.     By End User

8.2.6.     By Country

8.3.  Asia-Pacific: Country Analysis

8.3.1.     China Image Recognition Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Component

8.3.1.2.2.             By Technology

8.3.1.2.3.             By Deployment

8.3.1.2.4.             By Application

8.3.1.2.5.             By End User

8.3.2.     Japan Image Recognition Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Component

8.3.2.2.2.             By Technology

8.3.2.2.3.             By Deployment

8.3.2.2.4.             By Application

8.3.2.2.5.             By End User

8.3.3.     India Image Recognition Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Component

8.3.3.2.2.             By Technology

8.3.3.2.3.             By Deployment

8.3.3.2.4.             By Application

8.3.3.2.5.             By End User

8.3.4.     South Korea Image Recognition Market Outlook

8.3.4.1.         Market Size & Forecast

8.3.4.1.1.             By Value

8.3.4.2.         Market Share & Forecast

8.3.4.2.1.             By Component

8.3.4.2.2.             By Technology

8.3.4.2.3.             By Deployment

8.3.4.2.4.             By Application

8.3.4.2.5.             By End User

8.3.5.     Australia Image Recognition Market Outlook

8.3.5.1.         Market Size & Forecast

8.3.5.1.1.             By Value

8.3.5.2.         Market Share & Forecast

8.3.5.2.1.             By Component

8.3.5.2.2.             By Technology

8.3.5.2.3.             By Deployment

8.3.5.2.4.             By Application

8.3.5.2.5.             By End User

9.    Europe Image Recognition Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Component

9.2.2.     By Technology

9.2.3.     By Deployment

9.2.4.     By Application

9.2.5.     By End User

9.2.6.     By Country

9.3.  Europe: Country Analysis

9.3.1.     United Kingdom Image Recognition Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Component

9.3.1.2.2.             By Technology

9.3.1.2.3.             By Deployment

9.3.1.2.4.             By Application

9.3.1.2.5.             By End User

9.3.2.     Germany Image Recognition Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Component

9.3.2.2.2.             By Technology

9.3.2.2.3.             By Deployment

9.3.2.2.4.             By Application

9.3.2.2.5.             By End User

9.3.3.     France Image Recognition Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Component

9.3.3.2.2.             By Technology

9.3.3.2.3.             By Deployment

9.3.3.2.4.             By Application

9.3.3.2.5.             By End User

9.3.4.     Italy Image Recognition Market Outlook

9.3.4.1.         Market Size & Forecast

9.3.4.1.1.             By Value

9.3.4.2.         Market Share & Forecast

9.3.4.2.1.             By Component

9.3.4.2.2.             By Technology

9.3.4.2.3.             By Deployment

9.3.4.2.4.             By Application

9.3.4.2.5.             By End User

9.3.5.     Spain Image Recognition Market Outlook

9.3.5.1.         Market Size & Forecast

9.3.5.1.1.             By Value

9.3.5.2.         Market Share & Forecast

9.3.5.2.1.             By Component

9.3.5.2.2.             By Technology

9.3.5.2.3.             By Deployment

9.3.5.2.4.             By Application

9.3.5.2.5.             By End User

10.  South America Image Recognition Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value

10.2.              Market Share & Forecast

10.2.1.  By Component

10.2.2.  By Technology

10.2.3.  By Deployment

10.2.4.  By Application

10.2.5.  By End User

10.2.6.  By Country

10.3.              South America: Country Analysis

10.3.1.  Brazil Image Recognition Market Outlook

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.           By Value

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.           By Component

10.3.1.2.2.           By Technology

10.3.1.2.3.           By Deployment

10.3.1.2.4.           By Application

10.3.1.2.5.           By End User

10.3.2.  Argentina Image Recognition Market Outlook

10.3.2.1.      Market Size & Forecast

10.3.2.1.1.           By Value

10.3.2.2.      Market Share & Forecast

10.3.2.2.1.           By Component

10.3.2.2.2.           By Technology

10.3.2.2.3.           By Deployment

10.3.2.2.4.           By Application

10.3.2.2.5.           By End User

10.3.3.  Colombia Image Recognition Market Outlook

10.3.3.1.      Market Size & Forecast

10.3.3.1.1.           By Value

10.3.3.2.      Market Share & Forecast

10.3.3.2.1.           By Component

10.3.3.2.2.           By Technology

10.3.3.2.3.           By Deployment

10.3.3.2.4.           By Application

10.3.3.2.5.           By End User

11.  Middle East and Africa Image Recognition Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value

11.2.              Market Share & Forecast

11.2.1.  By Component

11.2.2.  By Technology

11.2.3.  By Deployment

11.2.4.  By Application

11.2.5.  By End User

11.2.6.  By Country

11.3.              MEA: Country Analysis

11.3.1.  UAE Image Recognition Market Outlook

11.3.1.1.      Market Size & Forecast

11.3.1.1.1.           By Value

11.3.1.2.      Market Share & Forecast

11.3.1.2.1.           By Component

11.3.1.2.2.           By Technology

11.3.1.2.3.           By Deployment

11.3.1.2.4.           By Application

11.3.1.2.5.           By End User

11.3.2.  Saudi Arabia Image Recognition Market Outlook

11.3.2.1.      Market Size & Forecast

11.3.2.1.1.           By Value

11.3.2.2.      Market Share & Forecast

11.3.2.2.1.           By Component

11.3.2.2.2.           By Technology

11.3.2.2.3.           By Deployment

11.3.2.2.4.           By Application

11.3.2.2.5.           By End User

11.3.3.  Kuwait Image Recognition Market Outlook

11.3.3.1.      Market Size & Forecast

11.3.3.1.1.           By Value

11.3.3.2.      Market Share & Forecast

11.3.3.2.1.           By Component

11.3.3.2.2.           By Technology

11.3.3.2.3.           By Deployment

11.3.3.2.4.           By Application

11.3.3.2.5.           By End User

11.3.4.  South Africa Image Recognition Market Outlook

11.3.4.1.      Market Size & Forecast

11.3.4.1.1.           By Value

11.3.4.2.      Market Share & Forecast

11.3.4.2.1.           By Component

11.3.4.2.2.           By Technology

11.3.4.2.3.           By Deployment

11.3.4.2.4.           By Application

11.3.4.2.5.           By End User

11.3.4.2.6.            

12.  Market Dynamics

12.1.              Drivers

12.2.              Challenges

13.  Market Trends and Developments

14.  Competitive Landscape

14.1.              Amazon.Com, Inc

14.2.              Alphabet Inc.

14.3.              Microsoft Corporation

14.4.              IBM Corporation

14.5.              Qualcomm Inc

14.6.              NEC Corporation

14.7.              Hitachi Ltd.

14.8.              Toshiba Corporation

14.9.              Fujitsu Limited

14.10.            Honeywell International Inc.

14.11.            Oracle Corporation

14.12.            Catchoom Technologies S.L.

14.13.            Vispera Information Technologies

14.14.            Ximilar

14.15.            LTU Technologies Inc.

15.  Strategic Recommendations

16.  About Us & Disclaimer

Figures and Tables

Figure1: Global Image Recognition Market Size, By Value (USD Million), 2016-2026F

Figure2: Global Population (Million), 2016-2020

Figure3: Global Image Recognition Market Share, By Component, By Value, 2016-2026F

Figure4: Global Image Recognition Market Share, By Technology, By Value, 2016-2026F

Figure5: Global Image Recognition Market Share, By Deployment, By Value, 2016-2026F

Figure6: Global Image Recognition Market Share, By Application, By Value, 2016-2026F

Figure7: Global Image Recognition Market Share, By End User, By Value, 2016-2026F

Figure8: Global Image Recognition Market Share, By Company, By Value, 2020

Figure9: Global Image Recognition Market Share, By Region, By Value, 2020-2026F

Figure10: Global Image Recognition Market Map, By Component, Market Size (USD Million) & Growth Rate (%), 2020

Figure11: Global Image Recognition Market Map, By Technology, Market Size (USD Million) & Growth Rate (%), 2020

Figure12: Global Image Recognition Market Map, By Deployment, Market Size (USD Million) & Growth Rate (%), 2020

Figure13: Global Image Recognition Market Map, By Application, Market Size (USD Million) & Growth Rate (%), 2020

Figure14: Global Image Recognition Market Map, By End User, Market Size (USD Million) & Growth Rate (%), 2020

Figure15: Global Image Recognition Market Map, By Region, Market Size (USD Million) & Growth Rate (%), 2020

Figure16: North America Image Recognition Market Size, By Value (USD Million), 2016-2026F

Figure17: North America Population (Million), 2016-2020

Figure18: North America Image Recognition Market Share, By Component, By Value, 2016-2026F

Figure19: North America Image Recognition Market Share, By Technology, By Value, 2016-2026F

Figure20: North America Image Recognition Market Share, By Deployment, By Value, 2016-2026F

Figure21: North America Image Recognition Market Share, By Application, By Value, 2016-2026F

Figure22: North America Image Recognition Market Share, By End User, By Value, 2016-2026F

Figure23: North America Image Recognition Market Share, By Country, By Value, 2020 -2026F

Figure24: United States Image Recognition Market Size, By Value (USD Million), 2016-2026F

Figure25: United States Population (Million), 2016-2020

Figure26: United States Image Recognition Market Share, By Component, By Value, 2016-2026F

Figure27: United States Image Recognition Market Share, By Technology, By Value, 2016-2026F

Figure28: United States Image Recognition Market Share, By Deployment, By Value, 2016-2026F

Figure29: United States Image Recognition Market Share, By Application, By Value, 2016-2026F

Figure30: United States Image Recognition Market Share, By End User, By Value, 2016-2026F

Figure31: Canada Image Recognition Market Size, By Value (USD Million), 2016-2026F

Figure32: Canada Population (Million), 2016-2020

Figure33:  Canada Image Recognition Market Share, By Component, By Value, 2016-2026F

Figure34: Canada Image Recognition Market Share, By Technology, By Value, 2016-2026F

Figure35: Canada Image Recognition Market Share, By Deployment, By Value, 2016-2026F

Figure36: Canada Image Recognition Market Share, By Application, By Value, 2016-2026F

Figure37: Canada Image Recognition Market Share, By End User, By Value, 2016-2026F

Figure38: Mexico Image Recognition Market Size, By Value (USD Million), 2016-2026F

Figure39: Mexico Population (Million), 2016-2020

Figure40: Mexico Image Recognition Market Share, By Component, By Value, 2016-2026F

Figure41: Mexico Image Recognition Market Share, By Technology, By Value, 2016-2026F

Figure42: Mexico Image Recognition Market Share, By Deployment, By Value, 2016-2026F

Figure43: Mexico Image Recognition Market Share, By Application, By Value, 2016-2026F

Figure44: Mexico Image Recognition Market Share, By End User, By Value, 2016-2026F

Figure45: Asia-Pacific Population (Million), 2016-2020

Figure46: Asia-Pacific Image Recognition Market Share, By Component, By Value, 2016-2026F

Figure47: Asia-Pacific Image Recognition Market Share, By Technology, By Value, 2016-2026F

Figure48: Asia-Pacific Image Recognition Market Share, By Deployment, By Value, 2016-2026F

Figure49: Asia-Pacific Image Recognition Market Share, By Application, By Value, 2016-2026F

Figure50: Asia-Pacific Image Recognition Market Share, By End User, By Value, 2016-2026F

Figure51: Asia-Pacific Image Recognition Market Share, By Country, By Value, 2020 -2026F

Figure52: China Image Recognition Market Size, By Value (USD Million), 2016-2026F

Figure53: China Population (Million), 2016-2020

Figure54: China Image Recognition Market Share, By Component, By Value, 2016-2026F

Figure55: China Image Recognition Market Share, By Technology, By Value, 2016-2026F

Figure56:  China Image Recognition Market Share, By Deployment, By Value, 2016-2026F

Figure57: China Image Recognition Market Share, By Application, By Value, 2016-2026F

Figure58: China Image Recognition Market Share, By End User, By Value, 2016-2026F

Figure59: Japan Image Recognition Market Size, By Value (USD Million), 2016-2026F

Figure60: Japan Population (Million), 2016-2020

Figure61: Japan Image Recognition Market Share, By Component, By Value, 2016-2026F

Figure62: Japan Image Recognition Market Share, By Technology, By Value, 2016-2026F

Figure63: Japan Image Recognition Market Share, By Deployment, By Value, 2016-2026F

Figure64: Japan Image Recognition Market Share, By Application, By Value, 2016-2026F

Figure65: Japan Image Recognition Market Share, By End User, By Value, 2016-2026F

Figure66: India Image Recognition Market Size, By Value (USD Million), 2016-2026F

Figure67: India Population (Million), 2016-2020

Figure68: India Image Recognition Market Share, By Component, By Value, 2016-2026F

Figure69: India Image Recognition Market Share, By Technology, By Value, 2016-2026F

Figure70: India Image Recognition Market Share, By Deployment, By Value, 2016-2026F

Figure71: India Image Recognition Market Share, By Application, By Value, 2016-2026F

Figure72: India Image Recognition Market Share, By End User, By Value, 2016-2026F

Figure73: South Korea Image Recognition Market Size, By Value (USD Million), 2016-2026F

Figure74: South Korea Population (Million), 2016-2020

Figure75: South Korea Image Recognition Market Share, By Component, By Value, 2016-2026F

Figure76: South Korea Image Recognition Market Share, By Technology, By Value, 2016-2026F

Figure77: South Korea Image Recognition Market Share, By Deployment, By Value, 2016-2026F

Figure78: South Korea Image Recognition Market Share, By Application, By Value, 2016-2026F

Figure79: South Korea Image Recognition Market Share, By End User, By Value, 2016-2026F

Figure80: Australia Image Recognition Market Size, By Value (USD Million), 2016-2026F

Figure81: Australia Population (Million), 2016-2020

Figure82: Australia Image Recognition Market Share, By Component, By Value, 2016-2026F

Figure83: Australia Image Recognition Market Share, By Technology, By Value, 2016-2026F

Figure84: Australia Image Recognition Market Share, By Deployment, By Value, 2016-2026F

Figure85: Australia Image Recognition Market Share, By Application, By Value, 2016-2026F

Figure86: Australia Image Recognition Market Share, By End User, By Value, 2016-2026F

Figure87: Europe Population (Million), 2016-2020

Figure88: Europe Image Recognition Market Share, By Component, By Value, 2016-2026F

Figure89: Europe Image Recognition Market Share, By Technology, By Value, 2016-2026F

Figure90: Europe Image Recognition Market Share, By Deployment, By Value, 2016-2026F

Figure91: Europe Image Recognition Market Share, By Application, By Value, 2016-2026F

Figure92: Europe Image Recognition Market Share, By End User, By Value, 2016-2026F

Figure93: Europe Image Recognition Market Share, By Country, By Value, 2020 -2026F

Figure94: United Kingdom Image Recognition Market Size, By Value (USD Million), 2016-2026F

Figure95: United Kingdom Population (Million), 2016-2020

Figure96: United Kingdom Image Recognition Market Share, By Component, By Value, 2016-2026F

Figure97: United Kingdom Image Recognition Market Share, By Technology, By Value, 2016-2026F

Figure98: United Kingdom Image Recognition Market Share, By Deployment, By Value, 2016-2026F

Figure99: United Kingdom Image Recognition Market Share, By Application, By Value, 2016-2026F

Figure100: United Kingdom Image Recognition Market Share, By End User, By Value, 2016-2026F

Figure101: Germany Image Recognition Market Size, By Value (USD Million), 2016-2026F

Figure102: Germany Population (Million), 2016-2020

Figure103: Germany Image Recognition Market Share, By Component, By Value, 2016-2026F

Figure104: Germany Image Recognition Market Share, By Technology, By Value, 2016-2026F

Figure105: Germany Image Recognition Market Share, By Deployment, By Value, 2016-2026F

Figure106: Germany Image Recognition Market Share, By Application, By Value, 2016-2026F

Figure107: Germany Image Recognition Market Share, By End User, By Value, 2016-2026F

Figure108: France Image Recognition Market Size, By Value (USD Million), 2016-2026F

Figure109: France Population (Million), 2016-2020

Figure110: France Image Recognition Market Share, By Component, By Value, 2016-2026F

Figure111: France Image Recognition Market Share, By Technology, By Value, 2016-2026F

Figure112: France Image Recognition Market Share, By Deployment, By Value, 2016-2026F

Figure113: France Image Recognition Market Share, By Application, By Value, 2016-2026F

Figure114: France Image Recognition Market Share, By End User, By Value, 2016-2026F

Figure115: Italy Image Recognition Market Size, By Value (USD Million), 2016-2026F

Figure116: Italy Population (Million), 2016-2020

Figure117: Italy Image Recognition Market Share, By Component, By Value, 2016-2026F

Figure118: Italy Image Recognition Market Share, By Technology, By Value, 2016-2026F

Figure119: Italy Image Recognition Market Share, By Deployment, By Value, 2016-2026F

Figure120: Italy Image Recognition Market Share, By Application, By Value, 2016-2026F

Figure121: Italy Image Recognition Market Share, By End User, By Value, 2016-2026F

Figure122: Spain Image Recognition Market Size, By Value (USD Million), 2016-2026F

Figure123: Spain Population (Million), 2016-2020

Figure124: Spain Image Recognition Market Share, By Component, By Value, 2016-2026F

Figure125: Spain Image Recognition Market Share, By Technology, By Value, 2016-2026F

Figure126: Spain Image Recognition Market Share, By Deployment, By Value, 2016-2026F

Figure127: Spain Image Recognition Market Share, By Application, By Value, 2016-2026F

Figure128: Spain Image Recognition Market Share, By End User, By Value, 2016-2026F

Figure129: South America Image Recognition Market Size, By Value (USD Million), 2016-2026F

Figure130: South America Population (Million), 2016-2020

Figure131: South America Image Recognition Market Share, By Component, By Value, 2016-2026F

Figure132: South America Image Recognition Market Share, By Technology, By Value, 2016-2026F

Figure133: South America Image Recognition Market Share, By Deployment, By Value, 2016-2026F

Figure134: South America Image Recognition Market Share, By Application, By Value, 2016-2026F

Figure135: South America Image Recognition Market Share, By End User, By Value, 2016-2026F

Figure136: South America Image Recognition Market Share, By Country, By Value, 2020 -2026F

Figure137: Brazil Image Recognition Market Size, By Value (USD Million), 2016-2026F

Figure138: Brazil Population (Million), 2016-2020

Figure139: Brazil Image Recognition Market Share, By Component, By Value, 2016-2026F

Figure140: Brazil Image Recognition Market Share, By Technology, By Value, 2016-2026F

Figure141: Brazil Image Recognition Market Share, By Deployment, By Value, 2016-2026F

Figure142: Brazil Image Recognition Market Share, By Application, By Value, 2016-2026F

Figure143: Brazil Image Recognition Market Share, By End User, By Value, 2016-2026F

Figure144: Argentina Image Recognition Market Size, By Value (USD Million), 2016-2026F

Figure145: Argentina Population (Million), 2016-2020

Figure146: Argentina Image Recognition Market Share, By Component, By Value, 2016-2026F

Figure147: Argentina Image Recognition Market Share, By Technology, By Value, 2016-2026F

Figure148: Argentina Image Recognition Market Share, By Deployment, By Value, 2016-2026F

Figure149: Argentina Image Recognition Market Share, By Application, By Value, 2016-2026F

Figure150: Argentina Image Recognition Market Share, By End User, By Value, 2016-2026F

Figure151: Colombia Image Recognition Market Size, By Value (USD Million), 2016-2026F

Figure152: Colombia Population (Million), 2016-2020

Figure153: Colombia Image Recognition Market Share, By Component, By Value, 2016-2026F

Figure154: Colombia Image Recognition Market Share, By Technology, By Value, 2016-2026F

Figure155: Colombia Image Recognition Market Share, By Deployment, By Value, 2016-2026F

Figure156: Colombia Image Recognition Market Share, By Application, By Value, 2016-2026F

Figure157: Colombia Image Recognition Market Share, By End User, By Value, 2016-2026F

Figure158: Middle East & Africa Image Recognition Market Size, By Value (USD Million), 2016-2026F

Figure159: Middle East & Africa Population (Million), 2016-2020

Figure160: Middle East & Africa Image Recognition Market Share, By Component, By Value, 2016-2026F

Figure161: Middle East & Africa Image Recognition Market Share, By Technology, By Value, 2016-2026F

Figure162: Middle East & Africa Image Recognition Market Share, By Deployment, By Value, 2016-2026F

Figure163: Middle East & Africa Image Recognition Market Share, By Application, By Value, 2016-2026F

Figure164: Middle East & Africa Image Recognition Market Share, By End User, By Value, 2016-2026F

Figure165: Middle East & Africa Image Recognition Market Share, By Country, By Value, 2020 -2026F

Figure166: UAE Image Recognition Market Size, By Value (USD Million), 2016-2026F

Figure167: UAE Population (Million), 2016-2020

Figure168: UAE Image Recognition Market Share, By Component, By Value, 2016-2026F

Figure169: UAE Image Recognition Market Share, By Technology, By Value, 2016-2026F

Figure170: UAE Image Recognition Market Share, By Deployment, By Value, 2016-2026F

Figure171: UAE Image Recognition Market Share, By Application, By Value, 2016-2026F

Figure172: UAE Image Recognition Market Share, By End User, By Value, 2016-2026F

Figure173: Saudi Arabia Image Recognition Market Size, By Value (USD Million), 2016-2026F

Figure174: Saudi Arabia Population (Million), 2016-2020

Figure175: Saudi Arabia Image Recognition Market Share, By Component, By Value, 2016-2026F

Figure176: Saudi Arabia Image Recognition Market Share, By Technology, By Value, 2016-2026F

Figure177: Saudi Arabia Image Recognition Market Share, By Deployment, By Value, 2016-2026F

Figure178: Saudi Arabia Image Recognition Market Share, By Application, By Value, 2016-2026F

Figure179: Saudi Arabia Image Recognition Market Share, By End User, By Value, 2016-2026F

Figure180: Kuwait Image Recognition Market Size, By Value (USD Million), 2016-2026F

Figure181: Kuwait Population (Million), 2016-2020

Figure182: Kuwait Image Recognition Market Share, By Component, By Value, 2016-2026F

Figure183: Kuwait Image Recognition Market Share, By Technology, By Value, 2016-2026F

Figure184: Kuwait Image Recognition Market Share, By Deployment, By Value, 2016-2026F

Figure185: Kuwait Image Recognition Market Share, By Application, By Value, 2016-2026F

Figure186: Kuwait Image Recognition Market Share, By End User, By Value,2016-2026F

Figure187: South Africa Image Recognition Market Size, By Value (USD Million), 2016-2026F

Figure188: South Africa Population (Million), 2016-2020

Figure189: South Africa Image Recognition Market Share, By Component, By Value, 2016-2026F

Figure190: South Africa Image Recognition Market Share, By Technology, By Value, 2016-2026F

Figure191: South Africa Image Recognition Market Share, By Deployment, By Value, 2016-2026F

Figure192: South Africa Image Recognition Market Share, By Application, By Value, 2016-2026F

Figure193: South Africa Image Recognition Market Share, By End User, By Value, 2016-2026F

Frequently asked questions

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The global image recognition market stood at USD27.764 billion in 2020 owing to the rising demand for security applications and products enabled by image recognition.

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The global image recognition market is expected to grow at a CAGR of 17.59% in the forecast period (2021E-2026F), primarily due to increased usage in healthcare, automobile, retail, and other industries. The use of facial recognition security measures is further expected to propel the growth in the industry.

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Amazon.Com, Inc., Alphabet Inc., Microsoft Corporation, IBM Corporation, Qualcomm Inc, NEC Corporation, Toshiba Corporation, Hitachi Ltd. are some of the major players operating in the global image recognition market.

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Regionally, North America region is expected to dominate the market share in the year 2020 owing to large investments in AI and big data technologies.

Related Reports

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Sakshi Bajaal

Business Consultant
Press Release

Image Recognition Market to Reach USD73.344 Billion by 2026

Nov, 2021

Rise in online gaming, introduction of driverless cars, increased usage of social media platforms to drive the growth of Global Image Recognition Market through 2026.

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