The global market for image recognition in retail is projected to have considerable CAGR during the forecast period. The market growth mainly driven by the increasing application in a wide range of application such as vision analytics, marketing & advertising and others in retail industry. The growing adoption of image recognition software for packaging recognition, product search & track on the web, product detection for brand protection and others are the most common factor contributing to the market. Furthermore, the recent developments in big data analytics, cloud computing, social networks, natural language processing (NLP) and machine learning have a significant impact on image recognition technologies in retail sector. The rapid advancement in advanced technologies such as AI and their increasing adoption in the various application is further projected to provide significant opportunity to the market.
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With the help of apparent insights depicted here into a wide range of product and service releases by key competitors in the market, novice players are able to position themselves in the vast market. It is an indispensable need to get detailed idea to track future business growth and this Image Recognition in Retail Market research report is the best medium to get that vision. It also aims at providing market environment along with covering complete market information. Image Recognition in Retail Market research report also enables business owners to have firm grasp over what consumers exactly expect, their future demands, wants and preferences by offering detailed customer related data. It further discusses about key market players and ongoing latest trends.
This informative yet easy to understand Image Recognition in Retail Market study report covers wide-ranging product launch wise latest trends, regulatory shifts and other important factors, which are expected to affect the overall industry growth for the approaching time span 2022-2028. It aims at providing detailed knowledge about what customers exactly want from which key players can make sound decision making for the growth of business. It also aims at measuring marketing effectiveness. SWOT Analysis technique is also employed to form the market research report to cover helpful opportunities, possible challenges and threats. Impact of new corona virus on the global economy is also shared in this Image Recognition in Retail Market report. Collaborations, mergers and acquisitions like strategies are also covered in this market study report.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Image Recognition in Retail Market by Deployment Type
- On-Premises
- Cloud-Based
Global Image Recognition in Retail Market by Application
- Vision Analytics
- Marketing and Advertising
- Visual Product Search
- Others( Security and Surveillance)
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Amazon Web Services, Inc.
- Blippar Ltd
- Catchoom Technologies, S.L.
- Clarifai, Inc.
- Deepomatic
- Google LLC
- IBM Corp.
- Imagga Technologies Ltd.
- Intelligence Retail
- LTUTech
- Microsoft Corp.
- NEC Corp.
- ParallelDots, Inc.
- Qualcomm Technologies, Inc.
- Ricoh Innovations Corp.
- Slyce Acquisition Inc.
- Snap2Insight Inc.
- ShelfWise Sp. z o.o.
- Trax Technology Solutions Pte Ltd.
- Vispera
The Report Covers
- Market value data analysis of 2019 and forecast to 2026.
- 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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