Report overview
The global Image Recognition and Classification Technology market was valued at US$ million in 2023 and is projected to reach US$ million by 2030, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2023, While China is to reach $ Million.
Object Detection Segment to Reach $ Million by 2030, with a % CAGR in next six years.
The global key manufacturers of Image Recognition and Classification Technology include Scandit, Clarifai, Descartes Labs, Tractable, Acapela, Syte - Visual conception, GumGum, Oxagile and IBM Corporation, etc. in 2023, the global top five players have a share approximately % in terms of revenue.
This report aims to provide a comprehensive presentation of the global market for Image Recognition and Classification Technology, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Image Recognition and Classification Technology. This report contains market size and forecasts of Image Recognition and Classification Technology in global, including the following market information:
Global Image Recognition and Classification Technology Market Revenue, 2019-2024, 2025-2030, ($ millions)
Global top five companies in 2023 (%)
We surveyed the Image Recognition and Classification Technology companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Image Recognition and Classification Technology Market, by Type, 2019-2024, 2025-2030 ($ millions)
Global Image Recognition and Classification Technology Market Segment Percentages, by Type, 2023 (%)
Object Detection
QR/Barcode Recognition
Facial Recognition
Pattern Recognition
Optical Character Recognition
Global Image Recognition and Classification Technology Market, by Application, 2019-2024, 2025-2030 ($ millions)
Global Image Recognition and Classification Technology Market Segment Percentages, by Application, 2023 (%)
IT & Telecom
Healthcare
Retail
Government
Media & Entertainment
Transportation & Logistics
Manufacturing
Others
Global Image Recognition and Classification Technology Market, By Region and Country, 2019-2024, 2025-2030 ($ Millions)
Global Image Recognition and Classification Technology Market Segment Percentages, By Region and Country, 2023 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Image Recognition and Classification Technology revenues in global market, 2019-2024 (estimated), ($ millions)
Key companies Image Recognition and Classification Technology revenues share in global market, 2023 (%)
Further, the report presents profiles of competitors in the market, key players include:
Scandit
Clarifai
Descartes Labs
Tractable
Acapela
Syte - Visual conception
GumGum
Oxagile
IBM Corporation
Imagga Technologies
Amazon Web Services
Qualcomm Incorporated
Google
Microsoft Corporation
NEC Corporation
LTU technologies
Catchoom Technologies
Intel Corporation
Outline of Major Chapters:
Chapter 1: Introduces the definition of Image Recognition and Classification Technology, market overview.
Chapter 2: Global Image Recognition and Classification Technology market size in revenue.
Chapter 3: Detailed analysis of Image Recognition and Classification Technology company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Image Recognition and Classification Technology in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.