Image Recognition Market by Technology (Code Recognition, Digital Image Processing, Facial Recognition, Object Recognition, Pattern Recognition, and Optical Character Recognition), by Component (Hardware, Software, and Services), by Application (Scanning & Imaging, Security & Surveillance, Image Search, Augmented Reality, and Marketing & Advertising), by Deployment (On-Premises and Cloud), and by Industry Vertical (BFSI, Media & Entertainment, Retail & Consumer Goods, IT & Telecom, Government, Healthcare, Transportation & Logistics, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018-2025

12295.69
Present Value (M$)
2020
39870
Forecast Value (M$)
2025
18.30%
CAGR (%)

Global image recognition market expected to reach approximately USD 39.87 billion by 2025, at a CAGR of around 18.3% between 2019 and 2025.

Main companies

  • Google
  • Honeywell International
  • Hitachi
  • LTU Technologies
  • Slyce
  • NEC Corporation
  • Qualcomm Incorporated
  • Catchoom
  • Wikitude
  • Tetrasoft.