The global market for image recognition in retail is projected to have considerable CAGR during the forecast period. This Image Recognition in Retail Market research report focuses more on a number of distinctive as well as foremost market sectors. It further focuses market segmentation. Industry-specific interviews are carried out with market players to foresee future business growth. Various facets of the industry are also depicted here under each industry sector. Future development visions and a wide range of subjects are covered in this Image Recognition in Retail Market study report. All this crucial data greatly assists key players to establish their presence in the competitive market. It verifies and revalidates the knowledge provided in this global Market report. It also allows several organizations to learn more about a range of opportunities already available in the market and makes aware to firms about upcoming opportunities too. It ensures several firms to attain a long-standing business success by capturing all of the latest updates about market growth. Most important participants are able to employ such report as a great resource to attain a competitive advantage over the cut-throat market.
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In the geographic overview, the market is divided into North America, Europe, Asia-Pacific and Rest of the World. North America is reporting the dominant share in the global image recognition market due to the presence of an established advanced technology industry in the US and Canada. Established industry supports the technology adoption in various end-user segments. Additionally, market growth is being supported by the presence of major market players in the US. Europe accounts for considerable market share due to stringent regulations and financial support of governments in the European countries for cyber security reasons. Asia-Pacific is estimated to grow with an alarming rate during the forecast period. A substantial increase in the advancement in the retail sector and the growing ICT industry in the emerging economies of the region is supporting the growth rate for the global image recognition market. Japan, South Korea, India, and China are a significant contributor to the global image recognition market in the Asia-Pacific region. Major market players of the market include Microsoft Corp., Google, LLC, Amazon Web Services, Inc., IBM Corp., Hitachi Ltd., Honeywell International, Inc., and others.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Image Recognition in Retail Market Segmentation
By Deployment Type
- On-Premises
- Cloud-Based
By Application
- Vision Analytics
- Marketing and Advertising
- Visual Product Search
- Others( Security and Surveillance)
Global Image Recognition in Retail Market Segment by Region
North America
- United States
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
The Report Covers
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global image recognition in retail market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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