NORTH AMERICA IMAGE RECOGNITION MARKET FORECAST 2019-2027

NORTH AMERICA IMAGE RECOGNITION MARKET FORECAST 2019-2027

  • October 2019 •
  • 107 pages •
  • Report ID: 5822080 •
  • Format: PDF
KEY FINDINGS
The market for image recognition in North America is projected to garner a CAGR of 18.39% during the forecasted period of 2019-2027. The rising number of smartphone and electronic gadgets users using image recognition applications, and increasing adoption and application of drones in various domains, are the factors expected to propel the market growth.

MARKET INSIGHTS
The image recognition market in North America is assessed based on the regional markets of the United States and Canada.The focus on technology in the healthcare sector has grown over the years in the United States, and the subsequent investments for the integration of new technology, has boosted the regional market growth.

The healthcare and retail segments in the region have been benefiting from these technologies, thereby fueling the market growth.Increasing uses of image-recognition systems is seen in Canada, along with rising demands for facial recognition in sectors like business, all of which contribute to the growth of the market.

Facial recognition finds its applications and demands both, in the United States and Canada. The North American region is considered to be the dominating region in the image recognition market.

COMPETITIVE INSIGHTS
The innovations, acquisitions, and partnerships by the players in the market paved the way for market growth. Some of the major companies in the region are LTU Technologies, Google LLC., Qualcomm Technologies, Inc., NEC Corporation, Honeywell International Inc., Amazon Web Services, Inc., Hitachi Ltd., etc.

Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation cater to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

Companies mentioned
1. ATTRASOFT INC.
2. CATCHOOM TECHNOLOGIES S.L.
3. GOOGLE LLC.
4. HITACHI LTD.
5. HONEYWELL INTERNATIONAL INC.
6. LTU TECHNOLOGIES
7. NEC CORPORATION
8. QUALCOMM TECHNOLOGIES, INC.
9. AMAZON WEB SERVICES INC.
10. INTERNATIONAL BUSINESS MACHINE CORPORATION (IBM)
11. SLYCE INC.
12. IMAGGA TECHNOLOGIES LTD.
13. INTEL CORPORATION