HOME Top Market Reports Image Recognition Market [Method (OCR, Object, Pattern Matching, Barcode/ QR, Facial), Application (Security & Surveillance, Quality Control & Inventory Management, Advertising, Scanning & Imaging, m-Commerce)] - Worldwide Market Forecast (2014-2019)

Image Recognition Market [Method (OCR, Object, Pattern Matching, Barcode/ QR, Facial), Application (Security & Surveillance, Quality Control & Inventory Management, Advertising, Scanning & Imaging, m-Commerce)] - Worldwide Market Forecast (2014-2019)

By: marketsandmarkets.com
Publishing Date: March 2014
Report Code: TC 2308

 

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The image recognition market analysis consists of solutions, applications, types of deployment, verticals, and geographic regions. The total size of the industry is estimated by summing up the market size of all the hardware, software, and services in all the business verticals.

Image recognition technology plays a significant role in this market. It is applied in various fields such as the security and surveillance sector, e-commerce, advertising and publishing, and lane and pedestrian recognition used in vehicular safety, and biometric scanning machines including iris recognition and fingerprint recognition for entry and exit control systems in sensitive and crowded layouts, and for various functions such as conducting quality checks for sorting defective goods and managing mobile bill payments.

Today, all businesses are consistently getting digitalized, real world objects and patterns are read, processed, and converted into digital world information. This digital information is then matched against the database from cloud-based storage systems completing the recognition process; this is done with the help of built-in cameras in smartphones and tablets through mobile applications developed on Augmented Reality (AR) platforms provided by numerous companies providing image recognition solutions. These AR tools comprehensively assist in important business functions such as content management and m-commerce, that is, the sale and purchase of varying goods and services through mobile applications.

The global image recognition market is constantly rising; thus, many new start-up companies, established companies, and acquired companies are framing their image recognition solution platforms analogous to the increasing demand. Many prominent solution providers such as Catchoom, Hitachi, Honeywell, iTraff technologies, and LTU Technologies are offering extensive solutions in this market.

Customization Options:

Geographical Analysis:

  • Comprehensive coverage for various niche regions such as the Nordics, Eastern Europe, Western Europe, and countries dominating in these regions
  • Country-wise market sizing by types of technologies such as Optical Character Recognition (OCR), pattern and gradient matching, object recognition, barcode/QR code, and facial recognition
  • Country specific deployment: on-premise and on-demand
Vendor Analysis:
  • Vendor product mapping which gives a detailed comparison for major companies providing hardware, software and services support in the image recognition ecosystem at region and country level
  • Vendor specific deployment offerings by different regions

Vertical Analysis:

  • In depth-analysis of usage pattern by different industries in different regions
  • Focus upon deployment trend by different verticals

Detailed Market Insights:

  • Adoption analysis of types/ technologies by different verticals
  • A detailed analysis on customer demand, perception and behavior in adopting retail sector as one of the fastest growing market
  • Usage pattern via mobile devices
  • Industry transformation from industrial applications to consumer applications
  • Increased technology adoption by Small and Medium Businesses (SMBs)

Table Of Contents
 
1 Introduction (Page No. - 19)
   1.1 Key Take-Aways
   1.2 Report Description
   1.3 Markets Covered
   1.4 Stakeholders
   1.5 Research Methodology
        1.5.1 Key Data Points
        1.5.2 Data Triangulation & Market Forecasting
   1.6 Forecast Assumptions

2 Executive Summary (Page No. - 24)
   2.1 Abstract
   2.2 Overall Market Size

3 Market Overview (Page No. - 27)
   3.1 Market Definition
   3.2 Market Evolution
   3.3 Market Segmentation
   3.4 Market Dynamics
        3.4.1 Drivers
               3.4.1.1 Technology Being Embraced By Various Verticals
               3.4.1.2 Increased Use of Smartphones
               3.4.1.3 Demand For Ar and Vr
        3.4.2 Restraints
               3.4.2.1 Technological Restraints
               3.4.2.2 Lack of User Awareness
        3.4.3 Opportunities
               3.4.3.1 Mergers and Acquisitions
               3.4.3.2 Increasing Demand For Data Analytics (Big Data)
               3.4.3.3 Increasing Use in Branding, Media, and Entertainment
        3.4.4 Impact Analysis of Dros
   3.5 Value Chain

4 Image Recognition: Market Size and Forecast By Types (Page No. - 37)
   4.1 Introduction
   4.2 Optical Character Recognition (Ocr)
        4.2.1 Overview
        4.2.2 Market Size and Forecast
   4.3 Pattern and Gradient Matching
        4.3.1 Overview
        4.3.2 Market Size and Forecast
   4.4 Object Recognition
        4.4.1 Overview
        4.4.2 Market Size and Forecast
   4.5 Barcode/Qr Code Recognition
        4.5.1 Overview
        4.5.2 Market Size and Forecast
   4.6 Facial Recognition
        4.6.1 Overview
        4.6.2 Market Size and Forecast

5 Image Recognition: Market Size and Forecast By Components (Page No. - 50)
   5.1 Introduction
   5.2 Hardware
        5.2.1 Overview
        5.2.2 Market Size and Forecast
   5.3 Software
        5.3.1 Overview
        5.3.2 Market Size and Forecast
   5.4 Services
        5.4.1 Overview
        5.4.2 Market Size and Forecast

6 Image Recognition: Market Size and Forecast By Deployment (Page No. - 63)
   6.1 Introduction
   6.2 On-Premises
        6.2.1 Overview
        6.2.2 Market Size and Forecast
   6.3 On-Demand
        6.3.1 Overview
        6.3.2 Market Size and Forecast

7 Image Recognition: Market Size and Forecast By Verticals (Page No. - 72)
   7.1 Introduction
   7.2 Government and Defense
        7.2.1 Overview
        7.2.2 Market Size and Forecast
   7.3 Banking, Financial Services and Insurance (Bfsi)
        7.3.1 Overview
        7.3.2 Market Size and Forecast
   7.4 Healthcare and Life Sciences
        7.4.1 Overview
        7.4.2 Market Size and Forecast
   7.5 Manufacturing/Industrial
        7.5.1 Overview
        7.5.2 Market Size and Forecast
   7.6 Consumer Goods and Retail
        7.6.1 Overview
        7.6.2 Market Size and Forecast
   7.7 It and Telecommunication
        7.7.1 Overview
        7.7.2 Market Size and Forecast
   7.8 Transportation and Logistics
        7.8.1 Overview
        7.8.2 Market Size and Forecast
   7.9 Others
        7.9.1 Overview
        7.9.2 Market Size and Forecast

8 Image Recognition: Market Size and Forecast By Applications (Page No. - 84)
   8.1 Introduction
   8.2 Security and Surveillance
        8.2.1 Overview
        8.2.2 Identity and Access Management
               8.2.2.1 Overview
               8.2.2.2 Market Size and Forecast
        8.2.3 Forensics
               8.2.3.1 Overview
               8.2.3.2 Market Size and Forecast
   8.3 Marketing and Promotional Activities
        8.3.1 Overview
        8.3.2 Market Size and Forecast
   8.4 Content Management
        8.4.1 Overview
        8.4.2 Market Size and Forecast
   8.5 Advanced Driving Assistance
        8.5.1 Overview
        8.5.2 Market Size and Forecast
   8.6 Quality Control and Inventory Management
        8.6.1 Overview
        8.6.2 Market Size and Forecast
   8.7 Scanning and Imaging
        8.7.1 Overview
        8.7.2 Market Size and Forecast
   8.8 M-Commerce
        8.8.1 Overview
        8.8.2 Market Size and Forecast
   8.9 Others
        8.9.1 Overview
        8.9.2 Market Size and Forecast
 
9 Image Recognition: Market Size and Forecast By Regions (Page No. - 101)
   9.1 Introduction
        9.1.1 Parfait Chart
        9.1.2 Regional Market Lifecycle
   9.2 North America (NA)
        9.2.1 Overview
        9.2.2 Market Size and Forecast By Type
        9.2.3 Market Size and Forecast By Deployment
        9.2.4 Market Size and Forecast By Component
        9.2.5 Market Size and Forecast By Application
        9.2.6 Market Size and Forecast By Vertical
   9.3 Europe (EU)
        9.3.1 Overview
        9.3.2 Market Size and Forecast By Type
        9.3.3 Market Size and Forecast By Deployment
        9.3.4 Market Size and Forecast By Component
        9.3.5 Market Size and Forecast By Application
        9.3.6 Market Size and Forecast By Vertical
   9.4 Asia Pacific (APAC)
        9.4.1 Overview
        9.4.2 Market Size and Forecast By Type
        9.4.3 Market Size and Forecast By Deployment
        9.4.4 Market Size and Forecast By Component
        9.4.5 Market Size and Forecast By Application
        9.4.6 Market Size and Forecast By Vertical
   9.5 Middle East and Africa (MEA)
        9.5.1 Overview
        9.5.2 Market Size and Forecast By Type
        9.5.3 Market Size and Forecast By Deployment
        9.5.4 Market Size and Forecast By Component
        9.5.5 Market Size and Forecast By Application
        9.5.6 Market Size and Forecast By Vertical
   9.6 Latin America (LA)
        9.6.1 Overview
        9.6.2 Market Size and Forecast By Type
        9.6.3 Market Size and Forecast By Deployment
        9.6.4 Market Size and Forecast By Component
        9.6.5 Market Size and Forecast By Application
        9.6.6 Market Size and Forecast By Vertical

10 Image Recognition: Market Landscape (Page No. - 134)
   10.1 Competitive Landscape
        10.1.1 Ecosystem and Roles
   10.2 End-User Landscape
        10.2.1 Market Opportunity Analysis
        10.2.2 End-User Analysis
               10.2.2.1 total Number of Airports and Seaports
               10.2.2.2 Increasing Number of Smartphones
               10.2.2.3 Mobile Applications Galore
               10.2.2.4 Increasing Online Visual Search

11 Company Profiles (Mnm View, Overview, Products & Services, Financials and Strategy & Analyst Insights)* (Page No. - 141)
   11.1 Catchoom
   11.2 Hitachi Ltd.
   11.3 Honeywell
   11.4 Itraff Technology
   11.5 LTU Technologies
   11.6 NEC Corporation
   11.7 Panasonic Corporation
   11.8 Qualcomm Technologies
   11.9 toshiba
   11.1 Wikitude Gmbh

*Details On Marketsandmarkets View, Overview, Products & Services, Financials and Strategy & Analyst Insights Might Not Be Captured In Case of Unlisted Companies.

Appendix (Page No. - 177)
   Mergers & Acquisitions (M&A)
   Venture Capital Trends
   Social Trends


List of Tables (72 Tables)

Table 1 Image Recognition Market Size, By Region, 2014-2019 ($Billion)
Table 2 Market Size, By Type, 2013-2019 ($Billion)
Table 3 Market, By Type, 2014-2019, Y-O-Y (%)
Table 4 Ocr Market Size, By Region, 2013-2019 ($Million)
Table 5 Ocr Market Size, By Vertical, 2013-2019 ($Million)
Table 6 Pattern and Gradient Matching Market Size, By Region, 2013-2019 ($Million)
Table 7 Pattern and Gradient Matching Market Size, By Vertical, 2013-2019 ($Million)
Table 8 Object Recognition Market Size, By Region, 2013-2019 ($Million)
Table 9 Object Recognition Market Size, By Vertical, 2013-2019 ($Million)
Table 10 Barcode/Qr Code Recognition Market Size, By Region, 2013-2019 ($Million)
Table 11 Barcode/Qr Code Recognition Market Size, By Vertical, 2013-2019 ($Million)
Table 12 Facial Recognition Market Size, By Region, 2013-2019 ($Million)
Table 13 Facial Recognition Market Size, By Vertical, 2013-2019 ($Million)
Table 14 Market Size, By Component, 2013-2019 ($Billion)
Table 15 Hardware Market Size, By Region, 2013-2019 ($Million)
Table 16 Hardware Market Size, By Vertical, 2013-2019 ($Million)
Table 17 Software Market Size, By Region, 2013-2019 ($Million)
Table 18 Software Market Size, By Vertical, 2013-2019 ($Million)
Table 19 Services Market Size, By Region, 2013-2019 ($Million)
Table 20 Services Market Size, By Vertical, 2013-2019 ($Million)
Table 21 Image Recognition: Market Size, By Deployment Type, 2013-2019 ($Billion)
Table 22 On-Premises Market Revenue, By Region, 2013-2019 ($Million)
Table 23 On-Premises Market Size, By Vertical, 2013-2019 ($Million)
Table 24 On-Demand Market Size, By Region, 2013-2019 ($Million)
Table 25 On-Demand Market Size, By Vertical, 2013-2019 ($Million)
Table 26 Image Recognition: Market Size, By Vertical, 2013-2019 ($Billion)
Table 27 Government and Defense Market Size, By Component, 2013-2019 ($Million)
Table 28 Bfsi Market Size, By Component, 2013-2019 ($Million)
Table 29 Healthcare Market Size, By Component, 2013-2019 ($Million)
Table 30 Manufacturing/Industrial Market Size, By Component, 2013-2019 ($Million)
Table 31 Consumer Goods and Retail Market Size, By Component, 2013-2019 ($Million)
Table 32 It and Telecommunication Market Size, By Component, 2013-2019 ($Million)
Table 33 Transportation and Logistics Market Size, By Component, 2013-2019 ($Million)
Table 34 Other Verticals Market Size, By Component, 2013-2019 ($Million)
Table 35 Image Recognition: Market Size, By Application, 2013-2019 ($Billion)
Table 36 Security and Surveillance Market Size, 2013-2019 ($Billion)
Table 37 Security and Surveillance Market Size, By Region, 2013-2019 ($Million)
Table 38 Identity and Access Management Market Size, By Region, 2013-2019 ($Million)
Table 39 Forensics Market Size, By Region, 2013-2019 ($Million)
Table 40 Image Recognition Marketing and Promotional Activities Market Size, By Region, 2013-2019 ($Million)
Table 41 Content Management Market Size, By Region, 2013-2019 ($Million)
Table 42 Advanced Driving Assistance Market Size, By Region, 2013-2019 ($Million)
Table 43 Quality Control and Inventory Management Market Size, By Region, 2013-2019 ($Million)
Table 44 Scanning and Imaging Market Size, By Region, 2013-2019 ($Million)
Table 45 M-Commerce Market Size, By Region, 2013-2019 ($Million)
Table 46 Other Applications Market Size, By Region, 2013-2019 ($Million)
Table 47 NA, Market Size, By Type, 2013-2019 ($Billion)
Table 48 NA, Market Size, By Deployment Type, 2013-2019 ($Billion)
Table 49 NA, Market Size, By Component, 2013-2019 ($Billion)
Table 50 NA, Market Size, By Application, 2013-2019 ($Billion)
Table 51 NA, Market Size, By Vertical, 2013-2019 ($Million)
Table 52 EU, Market Size, By Type, 2013-2019 ($Billion)
Table 53 EU, Market Size, By Deployment Type, 2013-2019 ($Billion)
Table 54 EU, Market Size, By Component, 2013-2019 ($Billion)
Table 55 EU, Market Size, By Application, 2013-2019 ($Million)
Table 56 EU, Market Size, By Vertical, 2013-2019 ($Million)
Table 57 APAC, Market Size, By Type, 2013-2019 ($Million)
Table 58 APAC, Market Size, By Deployment Type, 2013-2019 ($Million)
Table 59 APAC, Market Size, By Component, 2013-2019 ($Million)
Table 60 APAC, Market Size, By Application, 2013-2019 ($Million)
Table 61 APAC, Market Size, By Vertical, 2013-2019 ($Million)
Table 62 MEA,  Market Size, By Type, 2013-2019 ($Million)
Table 63 MEA, Market Size, By Deployment Type, 2013-2019 ($Million)
Table 64 MEA, Market Size, By Component, 2013-2019 ($Million)
Table 65 MEA, Market Size, By Application, 2013-2019 ($Million)
Table 66 MEA, Market Size, By Vertical, 2013-2019 ($Million)
Table 67 LA, Market Size, By Type, 2013-2019 ($Million)
Table 68 LA, America Market Size, By Deployment Type, 2013-2019 ($Million)
Table 69 LA, Market Size, By Component, 2013-2019 ($Million)
Table 70 LA, Market Size, By Application, 2013-2019 ($Million)
Table 71 LA, Market Size, By Vertical, 2013-2019 ($Million)
Table 72 Image Recognition Market Ecosystem


List of Figures (16 Figures)
 
Figure 1 Data Triangulation
Figure 2 Market By Region, 2014-2019 ($Billion, Y-O-Y)
Figure 3 Market Segmentation
Figure 4 Market: Time Impact Analysis
Figure 5 Image Recognition, Value Chain
Figure 6 Market, By Component, 2014-2019, Y-O-Y (%)
Figure 7 Hardware Market, By Region, 2014-2019, Y-O-Y (%)
Figure 8 Software Market, By Region, 2014-2019, Y-O-Y (%)
Figure 9 Image Recognition Services Market, By Region, 2014-2019, Y-O-Y (%)
Figure 10 Market By Deployment Type, 2014-2019, Y-O-Y (%)
Figure 11 On-Premises Market, By Region, 2014-2019, Y-O-Y (%)
Figure 12 Image Recognition On-Demand Market, By Region, 2014-2019, Y-O-Y (%)
Figure 13 Market By Region, Parfait Chart, 2013-2019 ($Billion)
Figure 14 Market Lifecycle
Figure 15 Market Opportunity Plot
Figure 16 total Number of Ports, 2014

Image recognition technology is integrated into the desktops and smartphone applications and is utilized for significant functions such as enterprise content management, big data, m-commerce, and framing other Augmented Reality (AR) platforms while building mobile applications for smart devices supported by operating systems such as Android, iOS, and Windows Mobile. Services like m-commerce would enable end users in the market to make mobile payments and to shop and retail online through a high quality visual environment. Large enterprises utilize these solutions for enumeration and desired sorting of their documents.

There are various factors responsible for the increasing use of image recognition technology, including increasing number of smartphones and usage in AR. Many people have shifted from traditional phones to smartphones these days. Also, the advancement in technology makes it possible to deploy image recognition in various verticals. The healthcare industry, transportation and logistics, and retail and consumer goods, along with the defense and government sector, deploy this technology on a large scale.

North America is expected to have the largest share in the global market, followed by Europe. These regions are technologically advanced hence have the highest implementation of image recognition solutions. Due to the growing need of technology, one can expect an increasing trend in the adoption of solutions in the emerging BRIC countries as well.

Overall Market Size

MarketsandMarkets forecasts the global image recognition market to grow from $9.65 billion in 2014 to $25.65 billion by 2019 at a Compound Annual Growth Rate (CAGR) of 21.6% from 2014 to 2019. The table given below highlights the overall opportunities in terms of absolute dollar value and the Year-Over-Year (Y-O-Y) growth across various regions.

Image Recognition Market Size, by Regions, 2014-2019 ($Billion)

Image Recognition Market

Source: MarketsandMarkets Analysis

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