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  • Image Recognition Market to hit USD 88.52 Bn at a CAGR of 16 percent by 2029

    (I-SoftwareNews.Com, March 31, 2023 ) As per Maximize Market research, the total global market for “Image Recognition Market” was USD 29 Bn in 2021 and is expected to grow at a CAGR of 16 percent over the forecast period to reach USD 88.52 Bn by 2029.



    Image Recognition Market Report Scope and Research Methodology



    The report includes external and internal factors affecting the Image Recognition Market positively and negatively in detail, which makes it an investor’s guide. It covers all the major aspects of the Image Recognition industry with an in-depth study of market players including new entrants, followers and market leaders. The bottom-up approach was used to estimate the Image Recognition market size.



    Request For Free Sample Report : https://www.maximizemarketresearch.com/request-sample/13650



    Image Recognition Market Dynamics



    The high installation cost of image recognition services is hampering the Image Recognition market growth. The high investments by major cloud businesses such as Microsoft, Google and AWS in the market in order to enhance online and in-store retail execution is expected to provide various growth opportunities for the image recognition market.



    Image Recognition Market Regional Insights



    The North America region dominated the market with the largest Image Recognition Market share in 2021 and is expected to grow at a significant rate during the forecast period.



    Get a Sample Copy of the Report : https://www.maximizemarketresearch.com/request-sample/13650



    Image Recognition Market Segmentation



    By Technology

    Object Recognition

    Code Recognition

    Facial Recognition

    Digital Image Processing

    Others



    By Outlook

    Service

    Software

    Hardware



    By Application

    Marketing & Advertising

    Scanning & Imaging

    Image Search

    Augmented Reality

    Security & Surveillance

    Others



    Get the Sample PDF of Report: https://www.maximizemarketresearch.com/request-sample/13650



    Image Recognition Market Key Competitors include:



    Wikitude

    Huawei

    Honeywell

    Toshiba

    Oracle

    Trigo

    INFFRD

    AIRY3D

    Standard Cognition

    Unispectral LTD

    Snap2Insight

    restb.ai

    Vize by Ximilar

    Mirror that Lock

    IBM

    Google

    Qualcomm

    Microsoft

    AWS

    Trax

    NEC Corporation

    Catchoom



    Maximize Market Research is leading Information Technology & Telecommunication research firm, has also published the following reports:



    Digital Identity Solutions Market- The market size is expected to reach USD 77.90 billion by 2029 at a CAGR of 16.3 percent during the forecast period.



    Facial Recognition Market- The market size is expected to reach USD 16.59 billion by 2029 at a CAGR of 17.8 percent during the forecast period.



    About Maximize Market Research:



    Maximize Market Research provides B2B and B2C research on 6,500 high-growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.

    MAXIMIZE MARKET RESEARCH PVT. LTD.

    Dnyaneshwari Yevale

    +91 9607365656

    dy@maximizemarketresearch.com

    Source: EmailWire.Com

    Source: EmailWire.com

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