According to a new report Global Image Recognition Market, published by KBV Research, the global Image Recognition Market is expected to attain a market size of $42.2 billion by 2022, growing at a CAGR of 18% during the forecast period.
The Hardware market dominated the Global 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 22.5% during (2016 - 2022).
The Scanning & Imaging market dominated the Global Image Recognition Market by Application in 2015, and would continue to be a dominant market till 2022, growing at a CAGR of 16 % during the forecast period. The Image Search market is expected to witness a CAGR of 19.5% during (2016 - 2022). Additionally, The Others market is expected to witness highest CAGR of 20.4% during (2016 - 2022).
The On-Premise market dominated the Global Image Recognition Market by Deployment Mode in 2015, and would continue to be a dominant market till 2022; growing at a CAGR of 12.4 % during the forecast period.
The Code Recognition market dominated the Global Image Recognition Market by Technology in 2015, and would continue to be a dominant market till 2022; growing at a CAGR of 14.9 % during the forecast period. The Facial Recognition market is expected to witness a CAGR of 19.8% during (2016 - 2022). Additionally, The Pattern Recognition market is expected to witness highest CAGR of 19.6% during (2016 - 2022).
The North America market dominated the Global Image Recognition Market by Region in 2015, and would continue to be a dominant market till 2022; growing at a CAGR of 16.5 % during the forecast period. The Europe market is expected to witness a CAGR of 17.1% during (2016 - 2022). Additionally, The Asia-Pacific market is expected to witness a CAGR of 20% during (2016 - 2022).
The report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key influencing factors of the global Image Recognition Market have been discussed in the report along with the elaborated company profiles NEC Corporation, IBM Corporation, Hitachi Ltd., Catchoom, Google Inc., Qualcomm Incorporated, Honeywell International, Inc. and LTU Technologies.
Full report :- https://www.kbvresearch.com/global-image-recognition-market/
Research Scope
Europe Image Recognition Market
North America Image Recognition Market
Unique Offerings 
