Global AI Image Recognition Market 2023-2029

The global ai image recognition market is anticipated to increase by USD 5.7 billion till 2029 at an average annual growth of 18.9 percent as per the latest market estimates.

The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global ai image recognition market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the component, end user, and region. The global market for ai image recognition can be segmented by component: hardware, software, services. Globally, the hardware segment made up the largest share of the ai image recognition market. Ai image recognition market is further segmented by end user: automotive, BFSI, healthcare, retail, security, others. The retail segment captured the largest share of the market in 2022. Based on region, the ai image recognition market is segmented into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. According to the research, North America had the largest share in the global ai image recognition market.

Market Segmentation
By component: hardware, software, services
By end user: automotive, BFSI, healthcare, retail, security, others
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America

The report also provides a detailed analysis of several leading ai image recognition market vendors that include Alphabet Inc., Amazon Web Services Inc., Clarifai Inc., Cortexica Vision Systems Ltd. (Zebra Technologies Corporation), Hitachi, Ltd., Honeywell International Inc., IBM Corporation, Intel Corporation, LPIXEL Inc., LTU Technologies S.A.S. (JASTEC International Inc.), Micron Technology Inc., Microsoft Corporation, NEC Corporation, Nvidia Corporation, Qualcomm Incorporated (Wikitude GmbH), Samsung Electronics Co., Ltd., Softech, Ltd., Vispera Information Technologies A.S., Xilinx Inc. (Advanced Micro Devices, Inc.), among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
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Scope of the Report
• To analyze and forecast the market size of the global ai image recognition market.
• To classify and forecast the global ai image recognition market based on component, end user, region.
• To identify drivers and challenges for the global ai image recognition market.
• To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global ai image recognition market.
• To identify and analyze the profile of leading players operating in the global ai image recognition market.

Why Choose This Report
• Gain a reliable outlook of the global ai image recognition market forecasts from 2023 to 2029 across scenarios.
• Identify growth segments for investment.
• Stay ahead of competitors through company profiles and market data.
• The market estimate for ease of analysis across scenarios in Excel format.
• Strategy consulting and research support for three months.
• Print authentication provided for the single-user license.