PUBLISHER: TechNavio | PRODUCT CODE: 1074752
PUBLISHER: TechNavio | PRODUCT CODE: 1074752
Technavio has been monitoring the ai image recognition market and it is poised to grow by $ 3.56 bn during 2022-2026, accelerating at a CAGR of 22.37% during the forecast period. Our report on the ai image recognition market provides a holistic analysis, of market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis of the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by advances in the medical imaging field, declining costs of hardware, and increased investments in the image recognition field.
The ai image recognition market analysis includes the end-user segment and geographic landscape.
Technavio's ai image recognition market is segmented as below:
By End-user
By Geographical Landscape
This study identifies the growing popularity of cloud-based image analysis solutions as one of the prime reasons driving the ai image recognition market growth during the next few years. Also, increasing use of big data analytics and growing use of ai in the BFSI sector will lead to sizable demand in the market.
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading ai image recognition market vendors that include Alphabet Inc., Amazon.com Inc., Clarifai Inc., Hitachi Ltd., Honeywell International Inc., International Business Machines Corp., Intel Corp., LTU TECH, Micron Technology Inc., Microsoft Corp., NEC Corp., NVIDIA Corp., Qualcomm Inc., Samsung Electronics Co. Ltd., Slyce Acquisition Inc., Vispera information technologies, Wikitude GmbH, and Xilinx Inc. Also, the ai image recognition market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
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