Figure 1. Research Method Flow Chart 9
Figure 2. Breakdown of Primary Research 11
Figure 3. Bottom-up Approach and Top-down Approach for Market Estimation 13
Figure 4. North America Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2019-2026 15
Figure 5. North America AI Image Recognition Market, 2019-2026, $ mn 17
Figure 6. Relationship of AI, DL, ML, and Expert Systems in Image Recognition Technology 20
Figure 7. Primary Drivers and Impact Factors of North America AI Image Recognition Market 21
Figure 8. Primary Restraints and Impact Factors of North America AI Image Recognition Market 24
Figure 9. Investment Opportunity Analysis 28
Figure 10. Porter’s Fiver Forces Analysis of North America AI Image Recognition Market 31
Figure 11. Breakdown of North America AI Image Recognition Market by Offering, 2019-2026, % of Revenue 35
Figure 12. Contribution to North America 2020-2026 Cumulative Revenue by Offering, Value ($ mn) and Share (%) 36
Figure 13. North America AI Image Recognition Market: Hardware, 2015-2026, $ mn 37
Figure 14. North America AI Image Recognition Market: Software, 2015-2026, $ mn 38
Figure 15. North America AI Image Recognition Market: Service, 2015-2026, $ mn 39
Figure 16. Breakdown of North America AI Image Recognition Market by Function, 2019-2026, % of Revenue 40
Figure 17. Contribution to North America 2020-2026 Cumulative Revenue by Function, Value ($ mn) and Share (%) 41
Figure 18. North America AI Image Recognition Market: Biometrics Recognition, 2015-2026, $ mn 42
Figure 19. North America AI Image Recognition Market: Facial Recognition, 2015-2026, $ mn 43
Figure 20. North America AI Image Recognition Market: Hand and Fingerprint Scan, 2015-2026, $ mn 44
Figure 21. North America AI Image Recognition Market: Eyes Recognition, 2015-2026, $ mn 45
Figure 22. North America AI Image Recognition Market: Other Biometrics, 2015-2026, $ mn 46
Figure 23. North America AI Image Recognition Market: Object Identification, 2015-2026, $ mn 47
Figure 24. Breakdown of North America AI Image Recognition Market by Industry Vertical, 2019-2026, % of Revenue 48
Figure 25. Contribution to North America 2020-2026 Cumulative Revenue by Industry Vertical, Value ($ mn) and Share (%) 49
Figure 26. North America AI Image Recognition Market: Automotive, 2015-2026, $ mn 50
Figure 27. North America AI Image Recognition Market: BFSI, 2015-2026, $ mn 51
Figure 28. North America AI Image Recognition Market: Healthcare, 2015-2026, $ mn 52
Figure 29. North America AI Image Recognition Market: Security, 2015-2026, $ mn 53
Figure 30. North America AI Image Recognition Market: Retail, 2015-2026, $ mn 54
Figure 31. North America AI Image Recognition Market: Other Industry Verticals, 2015-2026, $ mn 55
Figure 32. Breakdown of North America AI Image Recognition Market by Country, 2019 and 2026, % of Revenue 57
Figure 33. Contribution to North America 2020-2026 Cumulative Revenue by Country, Value ($ mn) and Share (%) 58
Figure 34. U.S. AI Image Recognition Market, 2015-2026, $ mn 60
Figure 35. Canada AI Image Recognition Market, 2015-2026, $ mn 63
Figure 36. AI Image Recognition Market in Mexico, 2015-2026, $ mn 65
Figure 37. Growth Stage of North America AI Image Recognition Industry over the Forecast Period 67
Figure 38. Value Chain Analysis 69
North America AI image recognition market is expected to grow by 25.7% annually in the forecast period and reach $3,169.6 million by 2026 driven by the rising adoption of AI-enabled image recognition technology amid the COVID-19 pandemic.
Highlighted with 23 tables and 38 figures, this 96-page report “North America Artificial Intelligence (AI) Image Recognition Market 2020-2026 by Offering, Function, Industry Vertical, and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire North America 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 North America 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 North America AI image recognition market in every aspect of the classification from perspectives of Offering, Function, Industry Vertical, and Country.
Based on Offering, the North America 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 North America 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 North America 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 national/local markets are fully investigated:
• U.S.
• Canada
• Mexico
For each aforementioned region and country, detailed analysis and data for annual revenue are available for 2015-2026. The breakdown 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 North America 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.
Cortica
Google LLC
IBM Corporation
Intel Corporation
LPixel, Inc.
Micron Technology, Inc.
Microsoft Corporation
Nvidia Corporation
Pixelab
Qualcomm Corp.
Softech, Ltd.
Vee Technologies, Inc.
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.)
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