Image Recognition Market by Product Type (Optical Character Recognition (OCR), Pattern and Gradient Matching, Object Recognition, Barcode/Qr Code Recognition, Facial Recognition), by Application (Government and Defense, Banking, Financial Services and Insurance, Healthcare and Life Sciences, Manufacturing or Industrial, Consumer Goods and Retail, Information Technology and Telecommunications, Transport and Logistics, Others) - Overall In-depth Analysis, Global Market Share, Top Trends, Professional & Technical Industry Insights 2020 - 2026

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The global image recognition market size was valued at USD XX million in 2019 and is predicted to register a CAGR of XX% from 2020 to 2026.

The report covers the current estimate and forecast for image recognition market on a global and regional level. The report provides an in-depth analysis of the image recognition market for the period 2016 – 2026, wherein 2019 is the base year and the period from 2020 to 2026 is the forecast period. Data for 2016- 2018 has been included as historical information. The study provides a holistic perspective on market growth, throughout the above forecast period in terms of revenue estimates (in US$ MN), across different geographies, which includes North America (NA), Europe (EU), Asia Pacific (APAC), Middle East & Africa (MEA) and Latin America (LATAM).

The report provides cross-sectional analysis of the image recognition market in terms of market estimates and forecasts for all the segments across different geographic regions. The report covers all the prevalent trends and technologies playing a major role in the growth of the image recognition market over the forecast period. It also highlights various drivers, restraints, and opportunities expected to influence the market growth during the said period.

The study offers market attractiveness analysis and the Porter’s Five Forces model analysis to help the client gauge the competitive landscape of major vendors of the global image recognition market. This comprehensive study also provides a detailed analysis and overview of each segments included in the study.

In order to give the users of this report, a comprehensive view of the image recognition market, we have included a detailed competitive scenario and product portfolio of the key vendors spread across various geographies. The report study also includes PESTEL analysis and SWOT analysis of the industry. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness in terms of investment opportunity and incremental value growth.

Regional Insights

The report segments the market by major types, applications, and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2020 to 2026.

The regional segmentation includes the historic and forecast demand for North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. These regions are further divided into countries such as U.S., Canada, Mexico, Germany, UK, France, Italy, Spain, Japan, India, China, Brazil, GCC countries, South Africa among others.

Image Recognition Market Share Insights

Key industry participants analyzed and profiled in this study includes Catchoom, Honeywell, LTU Technologies, Panasonic Corporation, Toshiba, Hitachi Ltd, Itraff Technology, NEC Corporation, Qualcomm Technologies, Wikitude Gmbh among others.

Scope of the Report

Attribute Details
Base year for estimation 2019
Actual estimates/Historical data 2016 - 2018
Forecast period 2020 - 2026
Market representation Revenue in USD Million & CAGR from 2020 to 2026
Regional scope North America, Europe, Asia Pacific, Central & South America & MEA
Country scope U.S., Germany, U.K., Italy, China, Japan, Brazil
Report coverage       Revenue forecast, company share, competitive landscape, growth factors and trends
Free customization scope (equivalent to 5 analyst working days) If you need specific information, which is not currently within the scope of the report, we will provide it to you as a part of customization

 

Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of latest industry trends and opportunities in each of the sub-segments from 2016 to 2026. For the purpose of this study, Syndicate Market Research has segmented the global image recognition market report on the basis of product type, application, and region:

Global Image Recognition Market: Product Type Segment Analysis

  • Optical Character Recognition (OCR)
  • Pattern and Gradient Matching
  • Object Recognition
  • Barcode/Qr Code Recognition
  • Facial Recognition

Global Image Recognition Market: Application Segment Analysis

  • Government and Defense
  • Banking
  • Financial Services and Insurance
  • Healthcare and Life Sciences
  • Manufacturing or Industrial
  • Consumer Goods and Retail
  • Information Technology and Telecommunications
  • Transport and Logistics
  • Others

Global Image Recognition Market: Regional Segment Analysis

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Argentina
    • Chile
    • Rest of Latin America
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East & Africa
  1. Preface
    1. Report Description and Scope
    2. Research Scope
    3. Research Methodology
      1. Market Research Process
      2. Market Research Methodology
  2. Executive Summary
    1. Image Recognition Market, 2016-2026 (USD Million)
    2. Image Recognition Market: Snapshot
  3. Image Recognition - Industry Analysis
    1. Image Recognition: Market Dynamics
    2. Market Drivers
      1. Driver 1
      2. Driver 2
    3. Restraints
      1. Restraint 1
      2. Restraint 2
    4. Opportunity
      1. Government funding and support
    5. Porter’s Five Forces Analysis
    6. Market Attractiveness Analysis
      1. Market attractiveness analysis By Product
      2. Market attractiveness analysis By Application
      3. Market attractiveness analysis by Region
  4. Image Recognition Market - Competitive Landscape
    1. Company market share analysis
      1. Global Image Recognition Market: company market share, 2019
    2. Strategic development
      1. Acquisitions & mergers
      2. New Product launches
      3. Agreements, partnerships, collaborations and joint ventures
      4. Research and development and Regional expansion
    3. Price trend analysis
  5. Global Image Recognition Market -Product Type Analysis
    1. Global Image Recognition Market overview: By Product Type
      1. Global Image Recognition Market share, By Product Type,2019 and 2026
    2. Optical Character Recognition (OCR)
      1. Global Image Recognition Market by Optical Character Recognition (OCR), 2016-2026 (USD Million)
    3. Pattern and Gradient Matching
      1. Global Image Recognition Market by Pattern and Gradient Matching, 2016-2026 (USD Million)
    4. Object Recognition
      1. Global Image Recognition Market by Object Recognition, 2016-2026 (USD Million)
    5. Barcode/Qr Code Recognition
      1. Global Image Recognition Market by Barcode/Qr Code Recognition, 2016-2026 (USD Million)
    6. Facial Recognition
      1. Global Image Recognition Market by Facial Recognition, 2016-2026 (USD Million)
  6. Global Image Recognition Market -Application Analysis
    1. Global Image Recognition Market overview: By Application
      1. Global Image Recognition Market share, By Application,2019 and 2026
    2. Government and Defense
      1. Global Image Recognition Market by Government and Defense, 2016-2026 (USD Million)
    3. Banking
      1. Global Image Recognition Market by Banking, 2016-2026 (USD Million)
    4. Financial Services and Insurance
      1. Global Image Recognition Market by Financial Services and Insurance, 2016-2026 (USD Million)
    5. Healthcare and Life Sciences
      1. Global Image Recognition Market by Healthcare and Life Sciences, 2016-2026 (USD Million)
    6. Manufacturing or Industrial
      1. Global Image Recognition Market by Manufacturing or Industrial, 2016-2026 (USD Million)
    7. Consumer Goods and Retail
      1. Global Image Recognition Market by Consumer Goods and Retail, 2016-2026 (USD Million)
    8. Information Technology and Telecommunications
      1. Global Image Recognition Market by Information Technology and Telecommunications, 2016-2026 (USD Million)
    9. Transport and Logistics
      1. Global Image Recognition Market by Transport and Logistics, 2016-2026 (USD Million)
    10. Others
      1. Global Image Recognition Market by Others, 2016-2026 (USD Million)
  7. Global Image Recognition Market - Regional Analysis
    1. Global Image Recognition Market overview: by Region
      1. Global Image Recognition Market share, by Region, 2019 and 2026
    2. North America
      1. North America Image Recognition Market, 2016-2026 (USD Million)
      1. North America Image Recognition Market revenue, By Product Type, 2016-2026 (USD Million)
      1. North America Image Recognition Market revenue, By Application, 2016-2026 (USD Million)
      1. U.S. Image Recognition Market revenue, By Product Type, 2016-2026 (USD Million)
      2. U.S. Image Recognition Market revenue, By Application, 2016-2026 (USD Million)
      3. Canada Image Recognition Market revenue, By Product Type, 2016-2026 (USD Million)
      4. Canada Image Recognition Market revenue, By Application, 2016-2026 (USD Million)
      5. Mexico Image Recognition Market revenue, By Product Type, 2016-2026 (USD Million)
      6. Mexico Image Recognition Market revenue, By Application, 2016-2026 (USD Million)
    3. Europe
      1. Europe Image Recognition Market, 2016-2026 (USD Million)
      1. Europe Image Recognition Market revenue, By Product Type, 2016-2026 (USD Million)
      1. Europe Image Recognition Market revenue, By Application, 2016-2026 (USD Million)
      1. UK Image Recognition Market revenue, By Product Type, 2016-2026 (USD Million)
      2. UK Image Recognition Market revenue, By Application, 2016-2026 (USD Million)
      3. Germany Image Recognition Market revenue, By Product Type, 2016-2026 (USD Million)
      4. Germany Image Recognition Market revenue, By Application, 2016-2026 (USD Million)
      5. France Image Recognition Market revenue, By Product Type, 2016-2026 (USD Million)
      6. France Image Recognition Market revenue, By Application, 2016-2026 (USD Million)
      7. Italy Image Recognition Market revenue, By Product Type, 2016-2026 (USD Million)
      8. Italy Image Recognition Market revenue, By Application, 2016-2026 (USD Million)
      9. Spain Image Recognition Market revenue, By Product Type, 2016-2026 (USD Million)
      10. Spain Image Recognition Market revenue, By Application, 2016-2026 (USD Million)
      11. Netherlands Image Recognition Market revenue, By Product Type, 2016-2026 (USD Million)
      12. Netherlands Image Recognition Market revenue, By Application, 2016-2026 (USD Million)
      13. Rest of Europe Image Recognition Market revenue, By Product Type, 2016-2026 (USD Million)
      14. Rest of Europe Image Recognition Market revenue, By Application, 2016-2026 (USD Million)
    4. Asia Pacific
      1. Asia Pacific Image Recognition Market, 2016-2026 (USD Million)
      1. Asia Pacific Image Recognition Market revenue, By Product Type, 2016-2026 (USD Million)
      1. Asia Pacific Image Recognition Market revenue, By Application, 2016-2026 (USD Million)
      1. China Image Recognition Market revenue, By Product Type, 2016-2026 (USD Million)
      2. China Image Recognition Market revenue, By Application, 2016-2026 (USD Million)
      3. Japan Image Recognition Market revenue, By Product Type, 2016-2026 (USD Million)
      4. Japan Image Recognition Market revenue, By Application, 2016-2026 (USD Million)
      5. India Image Recognition Market revenue, By Product Type, 2016-2026 (USD Million)
      6. India Image Recognition Market revenue, By Application, 2016-2026 (USD Million)
      7. Australia Image Recognition Market revenue, By Product Type, 2016-2026 (USD Million)
      8. Australia Image Recognition Market revenue, By Application, 2016-2026 (USD Million)
      9. South East Asia Image Recognition Market revenue, By Product Type, 2016-2026 (USD Million)
      10. South East Asia Image Recognition Market revenue, By Application, 2016-2026 (USD Million)
      11. South Korea Image Recognition Market revenue, By Product Type, 2016-2026 (USD Million)
      12. South Korea Image Recognition Market revenue, By Application, 2016-2026 (USD Million)
      13. Rest of Asia Pacific Image Recognition Market revenue, By Product Type, 2016-2026 (USD Million)
      14. Rest of Asia Pacific Image Recognition Market revenue, By Application, 2016-2026 (USD Million)
    5. Latin America
      1. Latin America Image Recognition Market, 2016-2026 (USD Million)
      1. Latin America Image Recognition Market revenue, By Product Type, 2016-2026 (USD Million)
      1. Latin America Image Recognition Market revenue, By Application, 2016-2026 (USD Million)
      1. Brazil Image Recognition Market revenue, By Product Type, 2016-2026 (USD Million)
      2. Brazil Image Recognition Market revenue, By Application, 2016-2026 (USD Million)
      3. Argentina Image Recognition Market revenue, By Product Type, 2016-2026 (USD Million)
      4. Argentina Image Recognition Market revenue, By Application, 2016-2026 (USD Million)
      5. Chile Image Recognition Market revenue, By Product Type, 2016-2026 (USD Million)
      6. Chile Image Recognition Market revenue, By Application, 2016-2026 (USD Million)
      7. Rest of Latin America Image Recognition Market revenue, By Product Type, 2016-2026 (USD Million)
      8. Rest of Latin America Image Recognition Market revenue, By Application, 2016-2026 (USD Million)
    6. Middle East & Africa
      1. Middle East & Africa Image Recognition Market, 2016-2026 (USD Million)
      1. Middle East & Africa Image Recognition Market revenue, By Product Type, 2016-2026 (USD Million)
      1. Middle East & Africa Image Recognition Market revenue, By Application, 2016-2026 (USD Million)
      1. GCC Countries Image Recognition Market revenue, By Product Type, 2016-2026 (USD Million)
      2. GCC Countries Image Recognition Market revenue, By Application, 2016-2026 (USD Million)
      3. Nigeria Image Recognition Market revenue, By Product Type, 2016-2026 (USD Million)
      4. Nigeria Image Recognition Market revenue, By Application, 2016-2026 (USD Million)
      5. South Africa Image Recognition Market revenue, By Product Type, 2016-2026 (USD Million)
      6. South Africa Image Recognition Market revenue, By Application, 2016-2026 (USD Million)
      7. Rest of Middle East & Africa Image Recognition Market revenue, By Product Type, 2016-2026 (USD Million)
      8. Rest of Middle East & Africa Image Recognition Market revenue, By Application, 2016-2026 (USD Million)
  8. Company Profiles
    1. Catchoom
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    2. Honeywell
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    3. LTU Technologies
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    4. Panasonic Corporation
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    5. Toshiba
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    6. Hitachi Ltd
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    7. Itraff Technology
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    8. NEC Corporation
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    9. Qualcomm Technologies
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    10. Wikitude Gmbh
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments

 

List of Figures

  1. Market research process
  2. Market research methodology
  3. Global Image Recognition Market, 2016-2026 (USD Million)
  4. Porter’s Five Forces Analysis
  5. Global Image Recognition Market attractiveness, By Product Type
  6. Global Image Recognition Market attractiveness, By Application
  7. Global Image Recognition market share, By Product Type, 2019 and 2026
  8. Global Image Recognition Market by Optical Character Recognition (OCR), 2016-2026 (USD Million)
  9. Global Image Recognition Market by Pattern and Gradient Matching, 2016-2026 (USD Million)
  10. Global Image Recognition Market by Object Recognition, 2016-2026 (USD Million)
  11. Global Image Recognition Market by Barcode/Qr Code Recognition, 2016-2026 (USD Million)
  12. Global Image Recognition Market by Facial Recognition, 2016-2026 (USD Million)
  13. Global Image Recognition market share, By Application, 2019 and 2026
  14. Global Image Recognition Market by Government and Defense, 2016-2026 (USD Million)
  15. Global Image Recognition Market by Banking, 2016-2026 (USD Million)
  16. Global Image Recognition Market by Financial Services and Insurance, 2016-2026 (USD Million)
  17. Global Image Recognition Market by Healthcare and Life Sciences, 2016-2026 (USD Million)
  18. Global Image Recognition Market by Manufacturing or Industrial, 2016-2026 (USD Million)
  19. Global Image Recognition Market by Consumer Goods and Retail, 2016-2026 (USD Million)
  20. Global Image Recognition Market by Information Technology and Telecommunications, 2016-2026 (USD Million)
  21. Global Image Recognition Market by Transport and Logistics, 2016-2026 (USD Million)
  22. Global Image Recognition Market by Others, 2016-2026 (USD Million)
  23. Global Image Recognition Market share, by Region, 2019 and 2026
  24. North America Image Recognition Market, 2016-2026 (USD Million)
  25. Europe Image Recognition Market, 2016-2026 (USD Million)
  26. Asia Pacific Image Recognition Market, 2016-2026 (USD Million)
  27. Latin America Image Recognition Market, 2016-2026 (USD Million)
  28. Middle East & Africa Image Recognition Market, 2016-2026 (USD Million)

 

List of Tables

  1. Global Image Recognition Market: snapshot
  2. Drivers of the Image Recognition Market: impact analysis
  3. Restraints of the Image Recognition Market: impact analysis
  4. North America Image Recognition Market revenue, By Product Type,2016-2026 (USD Million)
  5. North America Image Recognition Market revenue, By Application,2016-2026 (USD Million)
  6. Europe Image Recognition Market revenue, By Product Type,2016-2026 (USD Million)
  7. Europe Image Recognition Market revenue, By Application,2016-2026 (USD Million)
  8. Asia Pacific Image Recognition Market revenue, By Product Type,2016-2026 (USD Million)
  9. Asia Pacific Image Recognition Market revenue, By Application,2016-2026 (USD Million)
  10. Latin America Image Recognition Market revenue, By Product Type,2016-2026 (USD Million)
  11. Latin America Image Recognition Market revenue, By Application,2016-2026 (USD Million)
  12. Middle East & Africa Image Recognition Market revenue, By Product Type,2016-2026 (USD Million)
  13. Middle East & Africa Image Recognition Market revenue, By Application,2016-2026 (USD Million)
  • Catchoom
  • Honeywell
  • LTU Technologies
  • Panasonic Corporation
  • Toshiba
  • Hitachi Ltd
  • Itraff Technology
  • NEC Corporation
  • Qualcomm Technologies
  • Wikitude Gmbh

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An Overview on Research Methodology used at Syndicate Market Research:

1.1 Research Methodology

The process of market research at Syndicate Market Research is an iterative in nature and usually follows following path. Information from secondary is used to build data models, further the results obtained from data models are validated from primary participants. Then cycle repeats where, according to inputs from primary participants, additional secondary research is done and new information is again incorporated into data model. The process continues till desired level of information is not generated.

To calculate the market size, the report considers the revenue generated from the sales of the market providers. The revenue generated from the sales of market is calculated through primary and secondary research. The key players operating in the market across the globe are identified through secondary research and a corresponding detailed analysis of the top vendors in the market is done. The market size calculation also includes clinical trial phase segmentation determined using secondary sources and verified through primary sources.

1.2 Secondary Research

The secondary research sources that are typically referred to include, but are not limited to:

  • Company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings
  • Internal and external proprietary databases, relevant patent and regulatory databases
  • National government documents, statistical databases and market reports
  • News articles, press releases and web-casts specific to the companies operating in the market

The sources for secondary research includes but is not limited to: Factiva, Hoovers and Statista

1.3 Primary Research

We conduct primary interviews on an ongoing basis with industry participants and commentators in order to validate data and analysis. A typical research interview fulfills the following functions:

  • It provides first-hand information on the market size, market trends, growth trends, competitive landscape, future outlook etc.
  • Helps in validating and strengthening the secondary research findings
  • Further develops the analysis team’s expertise and market understanding
  • Primary research involves E-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment and sub-segment across geographies

The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: CEOs, VPs, marketing/ clinical trial phase managers, market intelligence managers and national sales managers
  • Purchasing managers, technical personnel, distributors and resellers
  • Outside experts: Investment bankers, valuation experts, research analysts specializing in specific markets
  • Key opinion leaders specializing in different areas corresponding to different industry end users

1.4 Models

Where no hard data is available, we use modeling and estimates in order to produce comprehensive data sets. A rigorous methodology is adopted in which the available hard data is cross referenced with the following data types to produce estimates:

  • Demographic data: Population split by segment
  • Macro-economic indicators: GDP, etc.
  • Industry indicators: Expenditure, infrastructure, sector growth and facilities.

Data is then cross checked by the expert panel.

1.4.1 Company Share Analysis Model

Company share analysis is used to derive the size of global market. As well as study of revenues of companies for last three to five years also provide the base for forecasting the market size and its growth rate. This model is built in following steps:

1.4.2 Revenue Based Modeling

Revenue based models can be built in two ways - Top-Down or Bottom-Up irrespective of industry. Market size estimated from company share analysis acts as a validation point for bottom-up approach where as it acts as starting point for top-down approach.

1.5 Research Limitations

Inflation is not a part of pricing in this report. Prices of the products and its derivatives vary in each region and hence similar revenue ratio does not follow for each individual region. The same price for each type has been taken into account while estimating and forecasting market revenue on a global basis. Regional average price has been considered while breaking down this market by end user in each region.

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