According to a new report Asia-Pacific Image Recognition Market, published by KBV Research, the Asia-Pacific Image Recognition is expected to register a CAGR of 20.0% during the forecast period (2016- 2022).
The Hardware market dominated the Asia-Pacific Image Recognition Market by Component in 2015, and would continue to be a dominant market till 2022; The Services market is expected to witness a CAGR of 24.6% during (2016 - 2022).
The Scanning & Imaging market dominated the Asia-Pacific Image Recognition Market by Application in 2015, and would continue to be a dominant market till 2022; growing at a CAGR of 18 % during the forecast period. The Image Search market is expected to witness a CAGR of 21.6% during (2016 - 2022). Additionally, The Others market is expected to witness highest CAGR of 22.4% during (2016 - 2022).
The BFSI market dominated the Asia-Pacific Image Recognition Market by Vertical in 2015, and would continue to be a dominant market till 2022; growing at a CAGR of 15.5 % during the forecast period. The Retail & Consumer Goods market is expected to witness a CAGR of 17.4% during (2016 - 2022). Additionally, the Transportation & Logistics market is expected to witness highest CAGR of 19.3% during (2016 - 2022).
The China market dominated the Asia-Pacific Image Recognition Market by Country in 2015, and would continue to be a dominant market till 2022 growing at a CAGR of 16.5 % during the forecast period. The Japan market is expected to witness a CAGR of 20.6% during (2016 - 2022). Additionally, The India market is expected to witness a CAGR of 22.2% during (2016 - 2022).
The report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the countries in the region. The key influencing factors of the Asia-PacificImage Recognition Markethave been discussed in the report along with the elaborated company profiles ofNEC Corporation, IBM Corporation, Hitachi Ltd., Catchoom, Google Inc., Qualcomm Incorporated, Honeywell International, Inc. and LTU Technologies.
Full report :- https://www.kbvresearch.com/asia-pacific-image-recognition-market/
Research Scope
Global Image Recognition Market
Europe Image Recognition Market
North America Image Recognition Market
LAMEA Image Recognition Market