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According to research report "Image Recognition Market by Technology (Digital Image Processing, Facial Recognition, Pattern Recognition), Component (Hardware, Software, and Services), Deployment Mode (On-premises & Cloud), Application, Vertical, and Region - Global Forecast to 2025", size is projected to grow from USD 26.2 billion in 2020 to USD 53.0 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 15.1% during the forecast period.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=222404611Browse 247 market data Tables and 45 Figures spread through 243 Pages and in-depth TOC on "Image Recognition Market - Global Forecast to 2025"By service, the professional service segment to register the highest growth rate during the forecast periodProfessional services include integration and deployment, support and maintenance, and consulting services related to image recognition solutions.
Image recognition solutions help healthcare organizations address the security issues related to users’ credentials and help them deliver an enriched experience to their patients.
Therefore, healthcare registers the highest growth rate during the forecast period.North America to hold the largest market share during the forecast period.North America has the presence of several prominent market players delivering image recognition solutions to all end-users in the region.
The US and Canada both have strong economic conditions and are expected to be major contributors to the growth of the image recognition market.
The geographical presence, significant Research and Development (R) activities, partnerships, and acquisitions and mergers are the major factors for the deployment of image recognition and services.Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=222404611Market PlayersKey and innovative vendors in the image recognition market include IBM (US), Google (US), Qualcomm (US), Microsoft (US), AWS (US), Trax (Singapore), NEC Corporation (Japan), Catchoom (Spain), Slyce (US), LTU Tech (France), Vispera (Turkey), Blippar (UK), Clarifai (US), Wikitude (Austria), Huawei (China), Honeywell (US), Toshiba (Japan), Oracle (US), Trigo (Israel), INFFRD (US), AIRY3D (Canada), Standard Cognition (US), Unispectral LTD (Israel), Snap2Insight (US), restb.ai (Spain), Vize by Ximilar (Czech Republic), Mirror that Lock (US).About MarketsandMarkets™MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues.