Global Artificial Intelligence (AI) Image Recognition Market 2020-2026 by Offering, Function, Industry Vertical, and Region: Trend Forecast and Growth Opportunity

Bonafide Trust 28-06-2020 160 Pages Figures : 82 Tables : 74
Region : Global Category : Manufacturing & Industry Construction & Building Materials

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Global AI image recognition market will reach $8,898.2 million by 2026, growing by 26.9% annually over 2020-2026 owing to the rising need for AI-enabled image recognition technology amid the COVID-19 pandemic. Highlighted with 82 tables and 74 figures, this 160-page report “Global Artificial Intelligence (AI) Image Recognition Market 2020-2026 by Offering, Function, Industry Vertical, and Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global AI image recognition market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2015-2019 and provides forecast from 2020 till 2026 with 2019 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.) In-depth qualitative analyses include identification and investigation of the following aspects: • Market Structure • Growth Drivers • Restraints and Challenges • Emerging Product Trends & Market Opportunities • Porter’s Fiver Forces The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify global AI image recognition market in every aspect of the classification from perspectives of Offering, Function, Industry Vertical, and Region. Based on Offering, the global market is segmented into the following sub-markets with annual revenue for 2015-2026 included in each section. • Hardware • Software • Service Based on Function, the global market is segmented into the following sub-markets with annual revenue for 2015-2026 included in each section. Biometrics Recognition • Facial Recognition • Hand and Fingerprint Scan • Eyes Recognition • Other Biometrics Object Identification Based on Industry Vertical, the global market is segmented into the following sub-markets with annual revenue for 2015-2026 included in each section. • Automotive • BFSI • Healthcare • Security • Retail • Other Industry Verticals Geographically, the following regions together with the listed national/local markets are fully investigated: • APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka) • Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania) • North America (U.S., Canada, and Mexico) • South America (Brazil, Chile, Argentina, Rest of South America) • RoW (Saudi Arabia, UAE, Egypt) For each aforementioned region and country, detailed analysis and data for annual revenue are available for 2015-2026. The breakdown of all regional markets by country and split of key national markets by Offering, Function, and Industry Vertical over the forecast years are also included. The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players. Specifically, potential risks associated with investing in global AI image recognition market are assayed quantitatively and qualitatively through GMD’s Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders identify emerging opportunities, manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions. Key Players (this may not be a complete list and extra companies can be added upon request): Aether, Inc. Amazon Web Services, Inc. Clarifai, Inc. Cortexica Vision Systems, Ltd. Cortica Google LLC IBM Corporation Intel Corporation LPixel, Inc. Micron Technology, Inc. Microsoft Corporation Nvidia Corporation Pixelab Procter & Gamble Co. Qualcomm Corp. Samsung Electronics Co., Ltd. Softech, Ltd. Vee Technologies, Inc. Visenze Webtunix Xilinx Inc. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

1 Introduction 8

1.1 Industry Definition and Research Scope 8

1.1.1 Industry Definition 8

1.1.2 Research Scope 9

1.2 Research Methodology 12

1.2.1 Overview of Market Research Methodology 12

1.2.2 Market Assumption 13

1.2.3 Secondary Data 13

1.2.4 Primary Data 13

1.2.5 Data Filtration and Model Design 15

1.2.6 Market Size/Share Estimation 16

1.2.7 Research Limitations 17

1.3 Executive Summary 18

2 Market Overview and Dynamics 20

2.1 Market Size and Forecast 20

2.2 Major Growth Drivers 24

2.3 Market Restraints and Challenges 27

2.4 Emerging Opportunities and Market Trends 30

2.5 Porter’s Fiver Forces Analysis 34

3 Segmentation of Global Market by Offering 38

3.1 Market Overview by Offering 38

3.2 Hardware 40

3.3 Software 41

3.4 Service 42

4 Segmentation of Global Market by Function 43

4.1 Market Overview by Function 43

4.2 Biometrics Recognition 45

4.2.1 Facial Recognition 46

4.2.2 Hand and Fingerprint Scan 47

4.2.3 Eyes Recognition 48

4.2.4 Other Biometrics 49

4.3 Object Identification 50

5 Segmentation of Global Market by Industry Vertical 51

5.1 Market Overview by Industry Vertical 51

5.2 Automotive 53

5.3 BFSI 54

5.4 Healthcare 55

5.5 Security 56

5.6 Retail 57

5.7 Other Industry Verticals 58

6 Segmentation of Global Market by Region 59

6.1 Geographic Market Overview 2019-2026 59

6.2 North America Market 2019-2026 by Country 63

6.2.1 Overview of North America Market 63

6.2.2 U.S. 66

6.2.3 Canada 70

6.2.4 Mexico 72

6.3 European Market 2019-2026 by Country 74

6.3.1 Overview of European Market 74

6.3.2 UK 77

6.3.3 France 79

6.3.4 Germany 81

6.3.5 Spain 83

6.3.6 Italy 85

6.3.7 Russia 87

6.3.8 Rest of European Market 89

6.4 Asia-Pacific Market 2019-2026 by Country 91

6.4.1 Overview of Asia-Pacific Market 91

6.4.2 China 94

6.4.3 Japan 96

6.4.4 India 99

6.4.5 Australia 101

6.4.6 South Korea 103

6.4.7 Rest of APAC Region 105

6.5 South America Market 2019-2026 by Country 107

6.5.1 Argentina 110

6.5.2 Brazil 112

6.5.3 Chile 114

6.5.4 Rest of South America Market 116

6.6 Rest of World Market 2019-2026 by Country 117

6.6.1 UAE 120

6.6.2 Saudi Arabia 122

6.6.3 Egypt 124

6.6.4 Other National Markets 126

7 Competitive Landscape 127

7.1 Overview of Key Vendors 127

7.2 New Product Launch, Partnership, Investment, and M&A 131

7.3 Company Profiles 132

Aether, Inc. 132

Amazon Web Services, Inc. 134

Clarifai, Inc. 135

Cortexica Vision Systems, Ltd. 136

Cortica 137

Google LLC 138

IBM Corporation 139

Intel Corporation 140

LPixel, Inc. 141

Micron Technology, Inc. 142

Microsoft Corporation 143

Nvidia Corporation 144

Pixelab 145

Procter & Gamble Co. 146

Qualcomm Corp. 147

Samsung Electronics Co., Ltd. 148

Softech, Ltd. 149

Vee Technologies, Inc. 150

Visenze 151

Webtunix 152

Xilinx Inc. 153

8 Investing in Global Market: Risk Assessment and Management 154

8.1 Risk Evaluation of Global Market 154

8.2 Critical Success Factors (CSFs) 157

Related Reports and Products 160

Figure 1. Research Method Flow Chart 12
Figure 2. Breakdown of Primary Research 14
Figure 3. Bottom-up Approach and Top-down Approach for Market Estimation 16
Figure 4. Global Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2019-2026 18
Figure 5. Global AI Image Recognition Market, 2019-2026, $ mn 20
Figure 6. Relationship of AI, DL, ML, and Expert Systems in Image Recognition Technology 23
Figure 7. Primary Drivers and Impact Factors of Global AI Image Recognition Market 24
Figure 8. Primary Restraints and Impact Factors of Global AI Image Recognition Market 27
Figure 9. Investment Opportunity Analysis 31
Figure 10. Porter’s Fiver Forces Analysis of Global AI Image Recognition Market 34
Figure 11. Breakdown of Global AI Image Recognition Market by Offering, 2019-2026, % of Revenue 38
Figure 12. Contribution to Global 2020-2026 Cumulative Revenue by Offering, Value ($ mn) and Share (%) 39
Figure 13. Global AI Image Recognition Market: Hardware, 2015-2026, $ mn 40
Figure 14. Global AI Image Recognition Market: Software, 2015-2026, $ mn 41
Figure 15. Global AI Image Recognition Market: Service, 2015-2026, $ mn 42
Figure 16. Breakdown of Global AI Image Recognition Market by Function, 2019-2026, % of Revenue 43
Figure 17. Contribution to Global 2020-2026 Cumulative Revenue by Function, Value ($ mn) and Share (%) 44
Figure 18. Global AI Image Recognition Market: Biometrics Recognition, 2015-2026, $ mn 45
Figure 19. Global AI Image Recognition Market: Facial Recognition, 2015-2026, $ mn 46
Figure 20. Global AI Image Recognition Market: Hand and Fingerprint Scan, 2015-2026, $ mn 47
Figure 21. Global AI Image Recognition Market: Eyes Recognition, 2015-2026, $ mn 48
Figure 22. Global AI Image Recognition Market: Other Biometrics, 2015-2026, $ mn 49
Figure 23. Global AI Image Recognition Market: Object Identification, 2015-2026, $ mn 50
Figure 24. Breakdown of Global AI Image Recognition Market by Industry Vertical, 2019-2026, % of Revenue 51
Figure 25. Contribution to Global 2020-2026 Cumulative Revenue by Industry Vertical, Value ($ mn) and Share (%) 52
Figure 26. Global AI Image Recognition Market: Automotive, 2015-2026, $ mn 53
Figure 27. Global AI Image Recognition Market: BFSI, 2015-2026, $ mn 54
Figure 28. Global AI Image Recognition Market: Healthcare, 2015-2026, $ mn 55
Figure 29. Global AI Image Recognition Market: Security, 2015-2026, $ mn 56
Figure 30. Global AI Image Recognition Market: Retail, 2015-2026, $ mn 57
Figure 31. Global AI Image Recognition Market: Other Industry Verticals, 2015-2026, $ mn 58
Figure 32. Global Market Snapshot by Region 59
Figure 33. Geographic Spread of Worldwide AI Image Recognition Market, 2019-2026, % of Revenue 60
Figure 34. Contribution to Global 2020-2026 Cumulative Revenue by Region, Value ($ mn) and Share (%) 61
Figure 35. North American AI Image Recognition Market, 2015-2026, $ mn 64
Figure 36. Breakdown of North America AI Image Recognition Market by Country, 2019 and 2026, % of Revenue 64
Figure 37. Contribution to North America 2020-2026 Cumulative Revenue by Country, Value ($ mn) and Share (%) 65
Figure 38. U.S. AI Image Recognition Market, 2015-2026, $ mn 67
Figure 39. Canada AI Image Recognition Market, 2015-2026, $ mn 70
Figure 40. AI Image Recognition Market in Mexico, 2015-2026, $ mn 72
Figure 41. European AI Image Recognition Market, 2015-2026, $ mn 75
Figure 42. Breakdown of European AI Image Recognition Market by Country, 2019 and 2026, % of Revenue 75
Figure 43. Contribution to Europe 2020-2026 Cumulative Revenue by Country, Value ($ mn) and Share (%) 76
Figure 44. AI Image Recognition Market in UK, 2015-2026, $ mn 77
Figure 45. AI Image Recognition Market in France, 2015-2026, $ mn 79
Figure 46. AI Image Recognition Market in Germany, 2015-2026, $ mn 81
Figure 47. AI Image Recognition Market in Spain, 2015-2026, $ mn 83
Figure 48. AI Image Recognition Market in Italy, 2015-2026, $ mn 85
Figure 49. AI Image Recognition Market in Russia, 2015-2026, $ mn 87
Figure 50. AI Image Recognition Market in Rest of Europe, 2015-2026, $ mn 89
Figure 51. Asia-Pacific AI Image Recognition Market, 2015-2026, $ mn 92
Figure 52. Breakdown of APAC AI Image Recognition Market by Country, 2019 and 2026, % of Revenue 92
Figure 53. Contribution to APAC 2020-2026 Cumulative Revenue by Country, Value ($ mn) and Share (%) 93
Figure 54. AI Image Recognition Market in China, 2015-2026, $ mn 94
Figure 55. AI Image Recognition Market in Japan, 2015-2026, $ mn 97
Figure 56. AI Image Recognition Market in India, 2015-2026, $ mn 99
Figure 57. AI Image Recognition Market in Australia, 2015-2026, $ mn 101
Figure 58. AI Image Recognition Market in South Korea, 2015-2026, $ mn 103
Figure 59. AI Image Recognition Market in Rest of APAC, 2015-2026, $ mn 105
Figure 60. South America AI Image Recognition Market, 2015-2026, $ mn 108
Figure 61. Breakdown of South America AI Image Recognition Market by Country, 2019 and 2026, % of Revenue 108
Figure 62. Contribution to South America 2020-2026 Cumulative Revenue by Country, Value ($ mn) and Share (%) 109
Figure 63. AI Image Recognition Market in Argentina, 2015-2026, $ mn 110
Figure 64. AI Image Recognition Market in Brazil, 2015-2026, $ mn 112
Figure 65. AI Image Recognition Market in Chile, 2015-2026, $ mn 114
Figure 66. AI Image Recognition Market in Rest of South America, 2015-2026, $ mn 116
Figure 67. AI Image Recognition Market in Rest of the World (RoW), 2015-2026, $ mn 118
Figure 68. Breakdown of RoW AI Image Recognition Market by Country, 2019 and 2026, % of Revenue 118
Figure 69. Contribution to RoW 2020-2026 Cumulative Revenue by Country, Value ($ mn) and Share (%) 119
Figure 70. AI Image Recognition Market in UAE, 2015-2026, $ mn 120
Figure 71. AI Image Recognition Market in Saudi Arabia, 2015-2026, $ mn 122
Figure 72. AI Image Recognition Market in Egypt, 2015-2026, $ mn 124
Figure 73. Growth Stage of Global AI Image Recognition Industry over the Forecast Period 127
Figure 74. Value Chain Analysis 129

Table 1. Snapshot of Global AI Image Recognition Market, 2019-2026 19
Table 2. Main Product Trends and Market Opportunities in Global AI Image Recognition Market 30
Table 3. Global AI Image Recognition Market by Offering, 2015-2026, $ mn 38
Table 4. Global AI Image Recognition Market by Function, 2015-2026, $ mn 43
Table 5. Global AI Image Recognition Market: Biometric Recognition by Type, 2015-2026, $ mn 45
Table 6. Global AI Image Recognition Market by Industry Vertical, 2015-2026, $ mn 51
Table 7. Global AI Image Recognition Market by Region, 2015-2026, $ mn 60
Table 8. Leading National AI Image Recognition Market, 2019 and 2026, $ mn 62
Table 9. North America AI Image Recognition Market by Country, 2015-2026, $ mn 65
Table 10. U.S. AI Image Recognition Market by Offering, 2015-2026, $ mn 68
Table 11. U.S. AI Image Recognition Market by Function, 2015-2026, $ mn 68
Table 12. U.S. AI Image Recognition Market by Industry Vertical, 2015-2026, $ mn 68
Table 13. Canada AI Image Recognition Market by Offering, 2015-2026, $ mn 71
Table 14. Canada AI Image Recognition Market by Function, 2015-2026, $ mn 71
Table 15. Canada AI Image Recognition Market by Industry Vertical, 2015-2026, $ mn 71
Table 16. Mexico AI Image Recognition Market by Offering, 2015-2026, $ mn 73
Table 17. Mexico AI Image Recognition Market by Function, 2015-2026, $ mn 73
Table 18. Mexico AI Image Recognition Market by Industry Vertical, 2015-2026, $ mn 73
Table 19. Europe AI Image Recognition Market by Country, 2015-2026, $ mn 76
Table 20. UK AI Image Recognition Market by Offering, 2015-2026, $ mn 78
Table 21. UK AI Image Recognition Market by Function, 2015-2026, $ mn 78
Table 22. UK AI Image Recognition Market by Industry Vertical, 2015-2026, $ mn 78
Table 23. France AI Image Recognition Market by Offering, 2015-2026, $ mn 80
Table 24. France AI Image Recognition Market by Function, 2015-2026, $ mn 80
Table 25. France AI Image Recognition Market by Industry Vertical, 2015-2026, $ mn 80
Table 26. Germany AI Image Recognition Market by Offering, 2015-2026, $ mn 82
Table 27. Germany AI Image Recognition Market by Function, 2015-2026, $ mn 82
Table 28. Germany AI Image Recognition Market by Industry Vertical, 2015-2026, $ mn 82
Table 29. Spain AI Image Recognition Market by Offering, 2015-2026, $ mn 84
Table 30. Spain AI Image Recognition Market by Function, 2015-2026, $ mn 84
Table 31. Spain AI Image Recognition Market by Industry Vertical, 2015-2026, $ mn 84
Table 32. Italy AI Image Recognition Market by Offering, 2015-2026, $ mn 86
Table 33. Italy AI Image Recognition Market by Function, 2015-2026, $ mn 86
Table 34. Italy AI Image Recognition Market by Industry Vertical, 2015-2026, $ mn 86
Table 35. Russia AI Image Recognition Market by Offering, 2015-2026, $ mn 88
Table 36. Russia AI Image Recognition Market by Function, 2015-2026, $ mn 88
Table 37. Russia AI Image Recognition Market by Industry Vertical, 2015-2026, $ mn 88
Table 38. AI Image Recognition Market in Rest of Europe by Country, 2015-2026, $ mn 90
Table 39. APAC AI Image Recognition Market by Country, 2015-2026, $ mn 93
Table 40. China AI Image Recognition Market by Offering, 2015-2026, $ mn 95
Table 41. China AI Image Recognition Market by Function, 2015-2026, $ mn 95
Table 42. China AI Image Recognition Market by Industry Vertical, 2015-2026, $ mn 95
Table 43. Japan AI Image Recognition Market by Offering, 2015-2026, $ mn 98
Table 44. Japan AI Image Recognition Market by Function, 2015-2026, $ mn 98
Table 45. Japan AI Image Recognition Market by Industry Vertical, 2015-2026, $ mn 98
Table 46. India AI Image Recognition Market by Offering, 2015-2026, $ mn 100
Table 47. India AI Image Recognition Market by Function, 2015-2026, $ mn 100
Table 48. India AI Image Recognition Market by Industry Vertical, 2015-2026, $ mn 100
Table 49. Australia AI Image Recognition Market by Offering, 2015-2026, $ mn 102
Table 50. Australia AI Image Recognition Market by Function, 2015-2026, $ mn 102
Table 51. Australia AI Image Recognition Market by Industry Vertical, 2015-2026, $ mn 102
Table 52. South Korea AI Image Recognition Market by Offering, 2015-2026, $ mn 104
Table 53. South Korea AI Image Recognition Market by Function, 2015-2026, $ mn 104
Table 54. South Korea AI Image Recognition Market by Industry Vertical, 2015-2026, $ mn 104
Table 55. AI Image Recognition Market in Rest of APAC by Country, 2015-2026, $ mn 106
Table 56. South America AI Image Recognition Market by Country, 2015-2026, $ mn 109
Table 57. Argentina AI Image Recognition Market by Offering, 2015-2026, $ mn 111
Table 58. Argentina AI Image Recognition Market by Function, 2015-2026, $ mn 111
Table 59. Argentina AI Image Recognition Market by Industry Vertical, 2015-2026, $ mn 111
Table 60. Brazil AI Image Recognition Market by Offering, 2015-2026, $ mn 113
Table 61. Brazil AI Image Recognition Market by Function, 2015-2026, $ mn 113
Table 62. Brazil AI Image Recognition Market by Industry Vertical, 2015-2026, $ mn 113
Table 63. Chile AI Image Recognition Market by Offering, 2015-2026, $ mn 115
Table 64. Chile AI Image Recognition Market by Function, 2015-2026, $ mn 115
Table 65. Chile AI Image Recognition Market by Industry Vertical, 2015-2026, $ mn 115
Table 66. RoW AI Image Recognition Market by Country, 2015-2026, $ mn 119
Table 67. UAE AI Image Recognition Market by Offering, 2015-2026, $ mn 121
Table 68. UAE AI Image Recognition Market by Function, 2015-2026, $ mn 121
Table 69. UAE AI Image Recognition Market by Industry Vertical, 2015-2026, $ mn 121
Table 70. Saudi Arabia AI Image Recognition Market by Offering, 2015-2026, $ mn 123
Table 71. Saudi Arabia AI Image Recognition Market by Function, 2015-2026, $ mn 123
Table 72. Saudi Arabia AI Image Recognition Market by Industry Vertical, 2015-2026, $ mn 123
Table 73. Egypt AI Image Recognition Market by Offering, 2015-2026, $ mn 125
Table 74. Egypt AI Image Recognition Market by Function, 2015-2026, $ mn 125
Table 75. Egypt AI Image Recognition Market by Industry Vertical, 2015-2026, $ mn 125
Table 76. Aether, Inc.: Company Snapshot 132
Table 77. Aether, Inc.: Business Segmentation 132
Table 78. Aether, Inc.: Product Portfolio 133
Table 79. Aether, Inc.: Revenue, 2016-2018, $ mn 133
Table 80. Aether, Inc.: Recent Developments 133
Table 81. Risk Evaluation for Investing in Global Market, 2019-2026 155
Table 82. Critical Success Factors and Key Takeaways 158

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Global Artificial Intelligence (AI) Image Recognition Market 2020-2026 by Offering, Function, Industry Vertical, and Region: Trend Forecast and Growth Opportunity

Global Artificial Intelligence (AI) Image Recognition Market 2020-2026 by Offering, Function, Industry Vertical, and Region: Trend Forecast and Growth Opportunity