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Global AI Image Recognition Market 2021 is expected to register a CAGR of 31.9%, during forecast period with Impact of Covid 19 Analysis

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Global “AI Image Recognition Market” Report 2021 (value and volume) by company, regions, product types, end industries, history data and estimate data. Also, Report contains a comprehensive analysis of the important segments like market opportunities, import/export details, market dynamics, key manufacturers, growth rate, and key regions. This report focuses on the AI Image Recognition in the Global market, especially in the United States, Europe, China, Japan, South Korea, North America, India. AI Image Recognition Market report categorizes the market based on manufacturers, regions, type, and application. AI Image Recognition Market reports offer a detailed assessment of the AI Image Recognition including enabling technologies, current market situation, market assumptions, restraining factors.

The Global AI Image Recognition market swot is provided for the international markets including progress trends, competitive landscape breakdown, and key in regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed.

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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. Other benefits include verifications of users, client analysis, diagnosis of diseases, and many more. Declining costs of hardware and rapid adoption of AI are a few factors driving the growth of AI image recognition market, on the other hand, lack of technical expertise is inhibiting its growth.

Increasing Use of Big Data Analytics

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 Dominate the Market

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. Moreover, most of the companies are headquartered in this region and thus, would aid North America in holding the largest share.

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The global AI Image Recognition market covers the vision of participant analysis by product types, market share, applications, sales, and revenue.

AI Image Recognition Market Report covers the Top Key-players in 2021:-

  • Google LLC
  • Amazon Web Services (AWS)
  • Inc
  • IBM Corp
  • Intel Corporation
  • Qualcomm Corp
  • Samsung Electronics
  • Micron Technology
  • Microsoft Corporation
  • NVIDIA Corporation
  • Xilinx
  • Inc

Highlighted points of AI Image Recognition Market Size:

  • Covers the varying market dynamics of the industry.
  • In-depth analysis of market risks, opportunities, limitations, and growth of the market.
  • Includes market driving and restraining factors.
  • Participants profiles along with product description, overview, and business data.
  • Include details of five years of forecast analysis by types, regions, and applications.

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This AI Image Recognition Market Research/analysis Report Contains Answers to your following Questions

  • Which Manufacturing Technology is Used for AI Image Recognition? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
  • Who Are the Global Key Players in This AI Image Recognition Market? What’s Their Company Profile, Their Product Information, Contact Information?
  • What Was Global Market Status of AI Image Recognition Market? What Was Capacity, Production Value, Cost and PROFIT of AI Image Recognition Market?
  • What Is Current Market Status of AI Image Recognition Industry? What’s Market Competition in This Industry, Both Company, and Country Wise? What’s Market Analysis of AI Image Recognition Market by Taking Applications and Types in Consideration?
  • What Are Projections of Global AI Image Recognition Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What About Import and Export?
  • What Is AI Image Recognition Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
  • What Is Economic Impact On AI Image Recognition Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
  • What Are Market Dynamics of AI Image Recognition Market? What Are Challenges and Opportunities?
  • What Should Be Entry Strategies, Countermeasures to Economic Impact, Marketing Channels for AI Image Recognition Industry?

Key Developments in the AI Image Recognition Market:

  • March 2018 – Microsoft released new version of Azure SDK for Go- version 15. Azure SDK for Go provides packages for managing and using Azure services
  • November 2017 – Amazon Web Services (AWS) announced five new machine learning services and the deep learning-enabled video camera for developers. Amazon Transcribe, Amazon Translate, Amazon Comprehend, and Amazon Rekognition Video allow app developers to easily build applications that transcribe speech to text, translate text between languages, extract insights from text, and analyze videos
    M

    Reasons To Purchase This Report

  • To know how various factors are driving the market with respect to the global market scenario
  • To analyze various market perspectives, with the help of Porter’s five forces analysis
  • To understand, which of the regions is expected to witness the fastest growth rate during the forecast period
  • To identify the latest developments, market shares, and strategies that are employed by the major market players
  • 3-month analyst support, along with the Market Estimate sheet (in excel)

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    Finally, the report Global AI Image Recognition Market 2021 describes the AI Image Recognition industry expansion game plan, the AI Image Recognition industry knowledge supply, appendix, analysis findings, and the conclusion.

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