DUBLIN--(BUSINESS WIRE)--The "Global AI Image Recognition Market - Segmented by Type (Hardware, Software, Services), End-user Vertical (Automotive, Healthcare, Manufacturing), and Region - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
AI image recognition market is expected to register a CAGR of 31.9%, during the forecast period 2018-2023.
Owing to advancements in AI, software now have the ability to recognize photos and videos and describe the content of it. The market is expected to grow rapidly owing to increased adoption of high computing chipsets. AI image recognition provides abundance of benefits, such as enhancing safety features in cars by detecting large objects.
The creation and consumption of huge amount of data has paved way for the usage of big data analytics. Companies, such as Amazon, Google, and Microsoft are investing in big data analytics. Big data analytics will be used in image recognition to provide benefits, such as traffic safety, improved health services, and many more. Many organizations are using big data analytics in image recognition to extract valuable insights and improve customer experience, thus increasing their top line.
North America is expected to hold the largest share of this market owing to significant adoption of advanced and new technologies. Increasing number of electronic gadget integrated with AI image recognition technology will also provide boost to this market.
- Google LLC
- Amazon Web Services Inc
- IBM Corp
- Intel Corporation
- Qualcomm Corp
- Samsung Electronics
- Micron Technology
- Microsoft Corporation
- NVIDIA Corporation
- Xilinx Inc
Key Topics Covered:
2. Research Approach and Methodology
3. Executive Summary
4. Market Dynamics
5. AI Image Recognition Market Segmentation
6. Competitive Intelligence - Company Profiles
7. Investment Analysis
8. Future Outlook of AI Image Recognition Market
For more information about this report visit https://www.researchandmarkets.com/research/f3vkdg/global_ai_image?w=4