AI Image Recognition

World Market Report

MCP10133

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DATE

OCT 2022

TABLES

123

PAGES

182

EDITION

8

PRICE

USD 4950

CODE

MCP10133


COMPETITIVE METRICS

COMPETITORS (ALPHABETICAL)

STRONG ACTIVE NICHE TRIVIAL

%

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HIGHLIGHTS & REPORT INDEX

What`s New for 2022?

» Global competitiveness and key competitor percentage market shares
» Market presence across multiple geographies - Strong/Active/Niche/Trivial
» Online interactive peer-to-peer collaborative bespoke updates
» Access to our digital archives and MarketGlass Research Platform
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Amid the COVID-19 crisis, the global market for AI Image Recognition estimated at US$2.5 Billion in the year 2020, is projected to reach a revised size of US$8.4 Billion by 2027, growing at a CAGR of 19.2% over the analysis period 2020-2027. Software, one of the segments analyzed in the report, is projected to record a 20.1% CAGR and reach US$4.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Hardware segment is readjusted to a revised 19.3% CAGR for the next 7-year period.
The AI Image Recognition market in the U.S. is estimated at US$733.6 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.5 Billion by the year 2027 trailing a CAGR of 18.8% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 17.2% and 16.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 13.3% CAGR.
In the global Services segment, USA, Canada, Japan, China and Europe will drive the 17.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$462.4 Million in the year 2020 will reach a projected size of US$1.4 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$975.6 Million by the year 2027.

SELECT PLAYERS

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.

SEGMENTS

» Component (Software, Hardware, Services) » End-Use (BFSI, Automotive, Retail, Security, Other End-Uses)

GEOGRAPHIES

» World » United States » Canada » Japan » China » Europe » France » Germany » Italy » United Kingdom » and Rest of Europe » Asia-Pacific » Rest of World

TABLE OF CONTENTS

1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
AI Image Recognition – Global Key Competitors Percentage Market Share in 2022 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
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 2020 through 2027 and % CAGR
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 2021 & 2027
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 2020 through 2027 and % CAGR
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 2021 & 2027
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 2020 through 2027 and % CAGR
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 2021 & 2027
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 2020 through 2027 and % CAGR
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 2021 & 2027
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 2020 through 2027 and % CAGR
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 2021 & 2027
World AI Image Recognition Market Analysis of Annual Sales in US$ Million for Years 2012 through 2027
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 2020 through 2027 and % CAGR
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 2021 & 2027
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 2020 through 2027 and % CAGR
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 2021 & 2027
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 2020 through 2027 and % CAGR
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 2021 & 2027
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 2020 through 2027 and % CAGR
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 2021 & 2027
UNITED STATES
AI Image Recognition Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2022 (E)
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 2020 through 2027 and % CAGR
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 2021 & 2027
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 2020 through 2027 and % CAGR
USA 7-Year Perspective for AI Image Recognition by Component - Percentage Breakdown of Value Sales for Software, Hardware and Services for the Years 2021 & 2027
CANADA
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 2020 through 2027 and % CAGR
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 2021 & 2027
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 2020 through 2027 and % CAGR
Canada 7-Year Perspective for AI Image Recognition by Component - Percentage Breakdown of Value Sales for Software, Hardware and Services for the Years 2021 & 2027
JAPAN
AI Image Recognition Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2022 (E)
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 2020 through 2027 and % CAGR
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 2021 & 2027
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 2020 through 2027 and % CAGR
Japan 7-Year Perspective for AI Image Recognition by Component - Percentage Breakdown of Value Sales for Software, Hardware and Services for the Years 2021 & 2027
CHINA
AI Image Recognition Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2022 (E)
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 2020 through 2027 and % CAGR
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 2021 & 2027
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 2020 through 2027 and % CAGR
China 7-Year Perspective for AI Image Recognition by Component - Percentage Breakdown of Value Sales for Software, Hardware and Services for the Years 2021 & 2027
EUROPE
AI Image Recognition Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2022 (E)
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 2020 through 2027 and % CAGR
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 2021 & 2027
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 2020 through 2027 and % CAGR
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 2021 & 2027
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 2020 through 2027 and % CAGR
Europe 7-Year Perspective for AI Image Recognition by Component - Percentage Breakdown of Value Sales for Software, Hardware and Services for the Years 2021 & 2027
FRANCE
AI Image Recognition Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2022 (E)
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 2020 through 2027 and % CAGR
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 2021 & 2027
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 2020 through 2027 and % CAGR
France 7-Year Perspective for AI Image Recognition by Component - Percentage Breakdown of Value Sales for Software, Hardware and Services for the Years 2021 & 2027
GERMANY
AI Image Recognition Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2022 (E)
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 2020 through 2027 and % CAGR
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 2021 & 2027
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 2020 through 2027 and % CAGR
Germany 7-Year Perspective for AI Image Recognition by Component - Percentage Breakdown of Value Sales for Software, Hardware and Services for the Years 2021 & 2027
ITALY
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 2020 through 2027 and % CAGR
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 2021 & 2027
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 2020 through 2027 and % CAGR
Italy 7-Year Perspective for AI Image Recognition by Component - Percentage Breakdown of Value Sales for Software, Hardware and Services for the Years 2021 & 2027
UNITED KINGDOM
AI Image Recognition Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2022 (E)
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 2020 through 2027 and % CAGR
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 2021 & 2027
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 2020 through 2027 and % CAGR
UK 7-Year Perspective for AI Image Recognition by Component - Percentage Breakdown of Value Sales for Software, Hardware and Services for the Years 2021 & 2027
REST OF EUROPE
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 2020 through 2027 and % CAGR
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 2021 & 2027
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 2020 through 2027 and % CAGR
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 2021 & 2027
ASIA-PACIFIC
AI Image Recognition Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2022 (E)
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 2020 through 2027 and % CAGR
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 2021 & 2027
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 2020 through 2027 and % CAGR
Asia-Pacific 7-Year Perspective for AI Image Recognition by Component - Percentage Breakdown of Value Sales for Software, Hardware and Services for the Years 2021 & 2027
REST OF WORLD
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 2020 through 2027 and % CAGR
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 2021 & 2027
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 2020 through 2027 and % CAGR
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 2021 & 2027

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