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AI Image Recognition - Global Strategic Business Report

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    Report

  • 118 Pages
  • November 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5029937
The global market for AI Image Recognition was estimated at US$2.7 Billion in 2023, and is projected to reach US$9.8 Billion by 2030, growing at a CAGR of 20.0% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the AI Image Recognition Software segment, which is expected to reach US$4.7 Billion by 2030 with a CAGR of a 20.9%. The AI Image Recognition Hardware segment is also set to grow at 20.1% CAGR over the analysis period.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $735.5 Million in 2023, and China, forecasted to grow at an impressive 19.0% CAGR to reach $1.5 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global AI Image Recognition Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global AI Image Recognition Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global AI Image Recognition Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as Amazon Web Services, Inc., Clarifai, Inc., Google LLC, and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 14 Featured):

  • Amazon Web Services, Inc.
  • Clarifai, Inc.
  • Google LLC
  • IBM Corporation
  • Intel Corporation
  • Micron Technology, Inc.
  • Microsoft Corporation
  • NVIDIA Corporation
  • Qualcomm Technologies, Inc.
  • Samsung Electronics Co., Ltd.
  • Xilinx Inc.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • AI Image Recognition - Global Key Competitors Percentage Market Share in 2024 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
  • Global Economic Update
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Growing Demand for Automation in Various Industries Drives Adoption of AI Image Recognition Solutions
  • Increasing Adoption of High-Resolution Cameras Expands Addressable Market Opportunity
  • Advances in Deep Learning Algorithms Propel Growth in AI Image Recognition Market
  • Technological Innovations in Neural Networks Strengthen Business Case for AI Image Recognition
  • Rising Consumer Demand for Smart Devices Generates Opportunities in AI Image Recognition
  • Here`s How Real-Time Data Processing Enhances Efficiency in AI Image Recognition
  • Expansion of IoT Devices Throws the Spotlight on AI Image Recognition Applications
  • Trends in Autonomous Vehicles Accelerate Adoption of AI Image Recognition
  • Growing Focus on Security and Surveillance Strengthens Business Case for AI Image Recognition
  • Increasing Use of AI Image Recognition in Healthcare Drives Demand
  • Technological Integration in AR and VR Expands Applications for AI Image Recognition
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Automotive by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 2: World 7-Year Perspective for Automotive by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
  • Table 3: World Recent Past, Current & Future Analysis for BFSI by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 4: World 7-Year Perspective for BFSI by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
  • Table 5: World Recent Past, Current & Future Analysis for Retail by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 6: World 7-Year Perspective for Retail by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
  • Table 7: World Recent Past, Current & Future Analysis for Security by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 8: World 7-Year Perspective for Security by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
  • Table 9: World Recent Past, Current & Future Analysis for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 10: World 7-Year Perspective for Other End-Uses by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
  • Table 11: World AI Image Recognition Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
  • Table 12: World Recent Past, Current & Future Analysis for AI Image Recognition by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 13: World 7-Year Perspective for AI Image Recognition by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2024 & 2030
  • Table 14: World Recent Past, Current & Future Analysis for Software by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 15: World 7-Year Perspective for Software by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
  • Table 16: World Recent Past, Current & Future Analysis for Hardware by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 17: World 7-Year Perspective for Hardware by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
  • Table 18: World Recent Past, Current & Future Analysis for Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 19: World 7-Year Perspective for Services by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • AI Image Recognition Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
  • Table 20: USA Recent Past, Current & Future Analysis for AI Image Recognition by End-Use - BFSI, Automotive, Retail, Security and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 21: USA 7-Year Perspective for AI Image Recognition by End-Use - Percentage Breakdown of Value Sales for BFSI, Automotive, Retail, Security and Other End-Uses for the Years 2024 & 2030
  • Table 22: USA Recent Past, Current & Future Analysis for AI Image Recognition by Component - Software, Hardware and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 23: USA 7-Year Perspective for AI Image Recognition by Component - Percentage Breakdown of Value Sales for Software, Hardware and Services for the Years 2024 & 2030
CANADA
  • Table 24: Canada Recent Past, Current & Future Analysis for AI Image Recognition by End-Use - BFSI, Automotive, Retail, Security and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 25: Canada 7-Year Perspective for AI Image Recognition by End-Use - Percentage Breakdown of Value Sales for BFSI, Automotive, Retail, Security and Other End-Uses for the Years 2024 & 2030
  • Table 26: Canada Recent Past, Current & Future Analysis for AI Image Recognition by Component - Software, Hardware and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 27: Canada 7-Year Perspective for AI Image Recognition by Component - Percentage Breakdown of Value Sales for Software, Hardware and Services for the Years 2024 & 2030
JAPAN
  • AI Image Recognition Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
  • Table 28: Japan Recent Past, Current & Future Analysis for AI Image Recognition by End-Use - BFSI, Automotive, Retail, Security and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 29: Japan 7-Year Perspective for AI Image Recognition by End-Use - Percentage Breakdown of Value Sales for BFSI, Automotive, Retail, Security and Other End-Uses for the Years 2024 & 2030
  • Table 30: Japan Recent Past, Current & Future Analysis for AI Image Recognition by Component - Software, Hardware and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 31: Japan 7-Year Perspective for AI Image Recognition by Component - Percentage Breakdown of Value Sales for Software, Hardware and Services for the Years 2024 & 2030
CHINA
  • AI Image Recognition Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
  • Table 32: China Recent Past, Current & Future Analysis for AI Image Recognition by End-Use - BFSI, Automotive, Retail, Security and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 33: China 7-Year Perspective for AI Image Recognition by End-Use - Percentage Breakdown of Value Sales for BFSI, Automotive, Retail, Security and Other End-Uses for the Years 2024 & 2030
  • Table 34: China Recent Past, Current & Future Analysis for AI Image Recognition by Component - Software, Hardware and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 35: China 7-Year Perspective for AI Image Recognition by Component - Percentage Breakdown of Value Sales for Software, Hardware and Services for the Years 2024 & 2030
EUROPE
  • AI Image Recognition Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
  • Table 36: Europe Recent Past, Current & Future Analysis for AI Image Recognition by End-Use - BFSI, Automotive, Retail, Security and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 37: Europe 7-Year Perspective for AI Image Recognition by End-Use - Percentage Breakdown of Value Sales for BFSI, Automotive, Retail, Security and Other End-Uses for the Years 2024 & 2030
  • Table 38: Europe Recent Past, Current & Future Analysis for AI Image Recognition by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 39: Europe 7-Year Perspective for AI Image Recognition by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2024 & 2030
  • Table 40: Europe Recent Past, Current & Future Analysis for AI Image Recognition by Component - Software, Hardware and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 41: Europe 7-Year Perspective for AI Image Recognition by Component - Percentage Breakdown of Value Sales for Software, Hardware and Services for the Years 2024 & 2030
FRANCE
  • AI Image Recognition Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
  • Table 42: France Recent Past, Current & Future Analysis for AI Image Recognition by End-Use - BFSI, Automotive, Retail, Security and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 43: France 7-Year Perspective for AI Image Recognition by End-Use - Percentage Breakdown of Value Sales for BFSI, Automotive, Retail, Security and Other End-Uses for the Years 2024 & 2030
  • Table 44: France Recent Past, Current & Future Analysis for AI Image Recognition by Component - Software, Hardware and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 45: France 7-Year Perspective for AI Image Recognition by Component - Percentage Breakdown of Value Sales for Software, Hardware and Services for the Years 2024 & 2030
GERMANY
  • AI Image Recognition Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
  • Table 46: Germany Recent Past, Current & Future Analysis for AI Image Recognition by End-Use - BFSI, Automotive, Retail, Security and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 47: Germany 7-Year Perspective for AI Image Recognition by End-Use - Percentage Breakdown of Value Sales for BFSI, Automotive, Retail, Security and Other End-Uses for the Years 2024 & 2030
  • Table 48: Germany Recent Past, Current & Future Analysis for AI Image Recognition by Component - Software, Hardware and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 49: Germany 7-Year Perspective for AI Image Recognition by Component - Percentage Breakdown of Value Sales for Software, Hardware and Services for the Years 2024 & 2030
ITALY
  • Table 50: Italy Recent Past, Current & Future Analysis for AI Image Recognition by End-Use - BFSI, Automotive, Retail, Security and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 51: Italy 7-Year Perspective for AI Image Recognition by End-Use - Percentage Breakdown of Value Sales for BFSI, Automotive, Retail, Security and Other End-Uses for the Years 2024 & 2030
  • Table 52: Italy Recent Past, Current & Future Analysis for AI Image Recognition by Component - Software, Hardware and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 53: Italy 7-Year Perspective for AI Image Recognition by Component - Percentage Breakdown of Value Sales for Software, Hardware and Services for the Years 2024 & 2030
UNITED KINGDOM
  • AI Image Recognition Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
  • Table 54: UK Recent Past, Current & Future Analysis for AI Image Recognition by End-Use - BFSI, Automotive, Retail, Security and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 55: UK 7-Year Perspective for AI Image Recognition by End-Use - Percentage Breakdown of Value Sales for BFSI, Automotive, Retail, Security and Other End-Uses for the Years 2024 & 2030
  • Table 56: UK Recent Past, Current & Future Analysis for AI Image Recognition by Component - Software, Hardware and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 57: UK 7-Year Perspective for AI Image Recognition by Component - Percentage Breakdown of Value Sales for Software, Hardware and Services for the Years 2024 & 2030
REST OF EUROPE
  • Table 58: Rest of Europe Recent Past, Current & Future Analysis for AI Image Recognition by End-Use - BFSI, Automotive, Retail, Security and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 59: Rest of Europe 7-Year Perspective for AI Image Recognition by End-Use - Percentage Breakdown of Value Sales for BFSI, Automotive, Retail, Security and Other End-Uses for the Years 2024 & 2030
  • Table 60: Rest of Europe Recent Past, Current & Future Analysis for AI Image Recognition by Component - Software, Hardware and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 61: Rest of Europe 7-Year Perspective for AI Image Recognition by Component - Percentage Breakdown of Value Sales for Software, Hardware and Services for the Years 2024 & 2030
ASIA-PACIFIC
  • AI Image Recognition Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
  • Table 62: Asia-Pacific Recent Past, Current & Future Analysis for AI Image Recognition by End-Use - BFSI, Automotive, Retail, Security and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 63: Asia-Pacific 7-Year Perspective for AI Image Recognition by End-Use - Percentage Breakdown of Value Sales for BFSI, Automotive, Retail, Security and Other End-Uses for the Years 2024 & 2030
  • Table 64: Asia-Pacific Recent Past, Current & Future Analysis for AI Image Recognition by Component - Software, Hardware and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 65: Asia-Pacific 7-Year Perspective for AI Image Recognition by Component - Percentage Breakdown of Value Sales for Software, Hardware and Services for the Years 2024 & 2030
REST OF WORLD
  • Table 66: Rest of World Recent Past, Current & Future Analysis for AI Image Recognition by End-Use - BFSI, Automotive, Retail, Security and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 67: Rest of World 7-Year Perspective for AI Image Recognition by End-Use - Percentage Breakdown of Value Sales for BFSI, Automotive, Retail, Security and Other End-Uses for the Years 2024 & 2030
  • Table 68: Rest of World Recent Past, Current & Future Analysis for AI Image Recognition by Component - Software, Hardware and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 69: Rest of World 7-Year Perspective for AI Image Recognition by Component - Percentage Breakdown of Value Sales for Software, Hardware and Services for the Years 2024 & 2030
IV. COMPETITION

Companies Mentioned

  • Amazon Web Services, Inc.
  • Clarifai, Inc.
  • Google LLC
  • IBM Corporation
  • Intel Corporation
  • Micron Technology, Inc.
  • Microsoft Corporation
  • NVIDIA Corporation
  • Qualcomm Technologies, Inc.
  • Samsung Electronics Co., Ltd.
  • Xilinx Inc.

Table Information