Figure 1. Research Method Flow Chart 10
Figure 2. Breakdown of Primary Research 12
Figure 3. Bottom-up Approach and Top-down Approach for Market Estimation 14
Figure 4. Europe Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2019-2026 16
Figure 5. Europe AI Image Recognition Market, 2019-2026, $ mn 18
Figure 6. Relationship of AI, DL, ML, and Expert Systems in Image Recognition Technology 21
Figure 7. Primary Drivers and Impact Factors of Europe AI Image Recognition Market 22
Figure 8. Primary Restraints and Impact Factors of Europe AI Image Recognition Market 25
Figure 9. Investment Opportunity Analysis 29
Figure 10. Porter’s Fiver Forces Analysis of Europe AI Image Recognition Market 32
Figure 11. Breakdown of Europe AI Image Recognition Market by Offering, 2019-2026, % of Revenue 36
Figure 12. Contribution to Europe 2020-2026 Cumulative Revenue by Offering, Value ($ mn) and Share (%) 37
Figure 13. Europe AI Image Recognition Market: Hardware, 2015-2026, $ mn 38
Figure 14. Europe AI Image Recognition Market: Software, 2015-2026, $ mn 39
Figure 15. Europe AI Image Recognition Market: Service, 2015-2026, $ mn 40
Figure 16. Breakdown of Europe AI Image Recognition Market by Function, 2019-2026, % of Revenue 41
Figure 17. Contribution to Europe 2020-2026 Cumulative Revenue by Function, Value ($ mn) and Share (%) 42
Figure 18. Europe AI Image Recognition Market: Biometrics Recognition, 2015-2026, $ mn 43
Figure 19. Europe AI Image Recognition Market: Facial Recognition, 2015-2026, $ mn 44
Figure 20. Europe AI Image Recognition Market: Hand and Fingerprint Scan, 2015-2026, $ mn 45
Figure 21. Europe AI Image Recognition Market: Eyes Recognition, 2015-2026, $ mn 46
Figure 22. Europe AI Image Recognition Market: Other Biometrics, 2015-2026, $ mn 47
Figure 23. Europe AI Image Recognition Market: Object Identification, 2015-2026, $ mn 48
Figure 24. Breakdown of Europe AI Image Recognition Market by Industry Vertical, 2019-2026, % of Revenue 49
Figure 25. Contribution to Europe 2020-2026 Cumulative Revenue by Industry Vertical, Value ($ mn) and Share (%) 50
Figure 26. Europe AI Image Recognition Market: Automotive, 2015-2026, $ mn 51
Figure 27. Europe AI Image Recognition Market: BFSI, 2015-2026, $ mn 52
Figure 28. Europe AI Image Recognition Market: Healthcare, 2015-2026, $ mn 53
Figure 29. Europe AI Image Recognition Market: Security, 2015-2026, $ mn 54
Figure 30. Europe AI Image Recognition Market: Retail, 2015-2026, $ mn 55
Figure 31. Europe AI Image Recognition Market: Other Industry Verticals, 2015-2026, $ mn 56
Figure 32. Breakdown of European AI Image Recognition Market by Country, 2019 and 2026, % of Revenue 58
Figure 33. Contribution to Europe 2020-2026 Cumulative Revenue by Country, Value ($ mn) and Share (%) 59
Figure 34. AI Image Recognition Market in UK, 2015-2026, $ mn 60
Figure 35. AI Image Recognition Market in France, 2015-2026, $ mn 62
Figure 36. AI Image Recognition Market in Germany, 2015-2026, $ mn 64
Figure 37. AI Image Recognition Market in Spain, 2015-2026, $ mn 66
Figure 38. AI Image Recognition Market in Italy, 2015-2026, $ mn 68
Figure 39. AI Image Recognition Market in Russia, 2015-2026, $ mn 70
Figure 40. AI Image Recognition Market in Rest of Europe, 2015-2026, $ mn 72
Figure 41. Growth Stage of Europe AI Image Recognition Industry over the Forecast Period 74
Figure 42. Value Chain Analysis 76
Europe AI image recognition market reached $370.9 million in 2019 and will grow by 29.2% annually over 2020-2026 owing to the rising adoption of AI technology amid the COVID-19 pandemic in the region. Highlighted with 33 tables and 42 figures, this 103-page report “Europe 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 Europe 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 Europe 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 Europe AI image recognition market in every aspect of the classification from perspectives of Offering, Function, Industry Vertical, and Country. Based on Offering, the Europe 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 Europe 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 Europe 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: • Germany • UK • France • Spain • Italy • Russia • Rest of Europe (further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania) 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 Europe 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. CellmatiQ GmbH Cortexica Vision Systems, Ltd. FiveAI Ltd. Google LLC IBM Corporation Intel Corporation LPixel, Inc. Micron Technology, Inc. Microsoft Corporation MotionsCloud UG Nvidia Corporation Pattern Recognition Company GmbH PEAT GmbH Pixelab Qualcomm Corp. (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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