Global Image Recognition Market to grow at 18% CAGR during 2016-2022
May 16, 2017
The Global Image Recognition Market is expected to reach a market size of $ 42,246 million by 2022, growing at a growth rate of 18.0 % during the forecast period. Hardware market would lead the...
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According to the research report, “Global Image Recognition Market (2016-2022)”, the Global Image Recognition Market is expected to reach a market size of $ 42,246 million by 2022, growing at a growth rate of 18.0 % during the forecast period. Hardware market would lead the Global Image Recognition market attaining a market share of 50.0% by 2022.
However, the Services market would experience the highest growth rate of 22.5 % during the forecast period. Among the different Components Type , the Professional segment is expected to dominate the Global Image Recognition Market thereby growing at a CAGR of 21.6 % during 2016-2022. The North America region would continue to dominate the Image Recognition Market, worldwide by 2022.
Global Image Recognition Market Segmentation
By Component Type
Software
Professional
Consulting & Training
Support & Maintenance
Managed
Security & Surveillance
Marketing & Advertising
By Vertical
Media & Entertainment
Retail & Consumer Goods
Telecom & IT
Healthcare
Transportation & Logistics
Others
Cloud
On-Premise
By Technology
Digital Image Processing
Object Recognition
Others
North America Image Recognition Market
U.S Image Recognition Market
Canada Image Recognition Market
Rest of North America Image Recognition Market
Germany Image Recognition Market
U.K Image Recognition Market
France Image Recognition Market
Spain Image Recognition Market
Rest of Europe Image Recognition Market
Asia-Pacific Image Recognition Market