Global Image Recognition Market 2014-2018

Price :
Published : Jul-2014
No. of Pages : 66

Report Description

Image recognition is a technology used to acquire, analyze and understand images to detect and distinguish images from one another. It is also used to identify and detect an object or a feature in a digital image or video. This technology is used for access control in high-security areas, private and public buildings, and in intelligent buildings where a person’s identity and permission rights are compulsory. It is also available as an integrated technology into smartphones applications and used in different application areas such as to make mobile payments, do online shopping and retailing through a high-quality visual environment.

TechNavio’s analysts forecast the Global Image Recognition market will grow at a CAGR of 42.91 percent during the period 2013-2018.

Covered in this Report

This report covers the present scenario and the growth prospects of the Global Image Recognition market for the period 2013-2018. To calculate the market size, the report considers revenue generated from the sales of image recognition solutions in the global market.

The report also presents the vendor landscape and a corresponding detailed analysis of the top four vendors in the market. It provides a geographical segmentation of the markets for the year 2013 and discusses the major drivers that influence the growth of the market. It also outlines the challenges faced by vendors and the market at large, as well as the key trends emerging in the market.

Key Regions

  • North America
  • Europe
  • APAC
  • MEA
  • Latin America

Key Vendors

  • Catchoom
  • Honeywell
  • Itraff Technology
  • LTU Technologies

Other Prominent Vendors

  • Blipper
  • Hitachi
  • NEC
  • Panasonic
  • Qualcomm Technologies
  • Sharp Vision Software
  • Toshiba
  • Wikitude

Key Market Driver

  • Need for Advanced Security in the Government Sector.
  • For a full, detailed list, view our report.

Key Market Challenge

  • Lack of Accuracy.
  • For a full, detailed list, view our report.

Key Market Trend

  • Emergence of Advanced Devices.
  • For a full, detailed list, view our report.

Key Questions Answered in this Report

  • What will the market size be in 2018 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

Table of Contents

01. Executive Summary

02. List of Abbreviations

03. Scope of the Report
03.1 Market Overview
03.2 Product Offerings

04. Market Research Methodology
04.1 Market Research Process
04.2 Research Methodology

05. Introduction

06. Market Description
06.1 Types of Image Recognition Solutions
06.1.1 Optical Character Recognition
06.1.2 Pattern and Gradient Matching
06.1.3 Object recognition
06.1.4 Barcode Recognition
06.1.5 Facial recognition
06.2 Image Recognition Market by Deployment Model
06.3 Application Areas of Image Recognition
06.4 Advantages of Image Recognition

07. Market Landscape
07.1 Market Overview
07.2 Market Size and Forecast
07.3 Five Forces Analysis

08. Geographical Segmentation
08.1 Global Image Recognition Market by Geographical Segmentation 2013
08.2 Global Image Recognition Market by Geographical Segmentation 2013-2018
08.3 Image Recognition Market in the North America
08.3.1 Market Size and Forecast
08.4 Image Recognition Market in the Europe
08.4.1 Market Size and Forecast
08.5 Image Recognition Market in the APAC Region
08.5.1 Market Size and Forecast
08.6 Image Recognition Market in the MEA Region
08.6.1 Market Size and Forecast
08.7 Image Recognition Market in the Latin America
08.7.1 Market Size and Forecast

09. Market Attractiveness
09.1 Market Attractiveness of the Global Image Recognition Market by Geographical

10. Buying Criteria

11. Market Growth Drivers

12. Drivers and their Impact

13. Market Challenges

14. Impact of Drivers and Challenges

15. Market Trends

16. Trends and their Impact

17. Vendor Landscape
17.1 Competitive Scenario
17.2 List of Major Vendors
17.3 Other Prominent Vendors

18. Key Vendor Analysis
18.1 Catchoom
18.1.1 Business Overview
18.1.2 Key Information
18.1.3 SWOT Analysis
18.2 Honeywell
18.2.1 Business Overview
18.2.2 Business Segmentation
18.2.3 Key Information
18.2.4 SWOT Analysis
18.3 Itraff Technology
18.3.1 Business Overview
18.3.2 Product Offerings
18.3.3 Key Information
18.3.4 SWOT Analysis
18.4 LTU Technologies
18.4.1 Business Overview
18.4.2 Product Offerings
18.4.3 Key Information
18.4.4 SWOT Analysis
19. Key Developments

20. Key Insights

21. Other Reports in this Series

List of Exhibits

Exhibit 1: Market Research Methodology
Exhibit 2: Types of Image Recognition Solutions
Exhibit 3: Image Recognition Market by Deployment Model
Exhibit 4: Image Recognition Market by Applications
Exhibit 5: Overview of Image Recognition Market
Exhibit 6: Global Image Recognition Market 2013-2018 (US$ billion)
Exhibit 7: Global Image Recognition Market by Geographical Segmentation 2013
Exhibit 8: Global Image Recognition Market by Geographical Segmentation 2013-2018
Exhibit 9: Image Recognition Market in the North America 2013-2018 (US$ billion)
Exhibit 10: Image Recognition Market in the Europe 2013-2018 (US$ billion)
Exhibit 11: Image Recognition Market in the APAC Region 2013-2018 (US$ billion)
Exhibit 12: Image Recognition Market in the MEA Region 2013-2018 (US$ billion)
Exhibit 13: Image Recognition Market in the Latin America 2013-2018 (US$ billion)
Exhibit 14: Market Attractiveness of the Global Image Recognition Market by Geographical
Exhibit 15: Honeywell: Business Segmentation
Exhibit 16: Itraff Technology: Product Offering
Exhibit 17: LTU: Product Offerings

Press Release

TechNavio Announces the Publication of its Research Report - Global Image Recognition Market 2014-2018

TechNavio recognizes the following companies as the key players in the Global Image Recognition Market : Catchoom, Honeywell , Itraff Technology, LTU Technologies, Blipper, Hitachi, NEC , Panasonic, Qualcomm Technologies, Sharp Vision Software, Toshiba , Wikitude

Commenting on the report, an analyst from TechNavio’s team said: “Retailers are expected to begin using image recognition technology within the next few years to enhance in-store customer service by enabling shoppers to scan an item with an app. The usage of image recognition apps in the Retail industry helps to reduce operational and customer support costs along with reducing the need for human resources in many retail environments. For instance, if someone walks into a large retail shoe store, instead of waiting for the sales associate, a person could use her/his smartphone camera to scan the shoe with the help of the mobile app powered by image recognition technology and the augmented reality app will pull up the current inventory of the shoe ”

According to the report, the growth of the Global Image Recognition market is driven by several factors. One of the major drivers in the market is the need for advanced security in the Government sector. Government departments such as intelligence, defense, finance, and military are the major adopters and users of image recognition technology.

Further, the report states that the global Image Recognition market is curtailed by some serious challenges. The lack of accuracy is one of the major challenges in this market. Image recognition systems may make errors in the identification process because of factors such as aging, changes brought about by plastic surgery, and the non-permanent makeup of the people whose images are stored in the database.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Filed in: Information Technology
Publisher : Infiniti Research Limited
More Reports
Title Price Buy Now

Global Airport IT Market 2015-2019

Airport IT solutions include IT hardware, software, and services that support airport infrastructure. Airport IT solutions help in monitoring, regulating, and improving the airport structure, including airfields, terminals, roadways, people movers, and rails, which enable the flow between passengers, baggage counters, airplanes, automobiles, rentals, cars, and trucks. The solution also helps in managing airports, thereby increasing the efficiency of the staffs and enhancing the passenger experience inside airport premises. TechNavio's analysts forecast the Global Airport IT market to grow at a CAGR of 4.48 percent over the period 2014-2019. Covered in this Report The report covers the present scenario and the growth prospects of the Global Airport IT market for the period 2015-201......
$2500

Data Center Fabric Market in the US 2015-2019

Data center fabric is a simple network infrastructure in which interconnections between switches are weaved in the form of fabrics. These interconnections are used to create multiple active links. Data center fabric is used to meet networking demand, such as in the use of bandwidth and topology extension, and to improve failover time in the data center for cloud and virtualization environments. Data center fabric reduces the IT budget of an organization to meet present and future computing requirements of enterprises. Data center fabric is popular among cloud-based organizations because it improves the flexibility, agility, and efficiency of their IT-related operations. TechNavio's analysts forecast the Data Center Fabric market in the US to grow at a CAGR of 21.63 percent over the peri......
$2500

Cloud Storage Gateway (CSG) Market in the US 2015-2019

Cloud storage gateway is a hybrid appliance that combines local storage, data protection functionality, and cloud storage to form a collaborative package as a cost-effective solution. Cloud storage gateway provides an efficient solution for establishing compatibility between different protocols used by cloud service providers and enterprises. This gateway translates different protocols to provide seamless connectivity between a local system and cloud storage. Cloud storage gateway is necessary to ensure that the data stored in a cloud storage infrastructure follow a common protocol and are optimized according to established standards. This gateway also facilitates the efficient management of network traffic and storage space across a network. TechNavio's analysts forecast the Cloud Stor......
$2500

Global Smartphone Market 2015-2019

A smartphone is a mobile device with more advanced functionalities and features compared to cellphones. A smartphone's hardware and software specifications are meant to perform functions such as web browsing, capturing high-quality images, and playing HD videos. A smartphone can install various applications that can perform several advanced functions. Smartphones have become popular because of their many capabilities and are often used for communication and online activities. Advances in technology have led to smartphones being more compact and cheaper than other mobile devices such as tablets, phablets and PDAs. TechNavio's analysts forecast the Global Smartphone market to grow at a CAGR of 8.1 percent over the period 2014-2019. Covered in this Report This report covers the prese......
$2500

Global Gesture Recognition Market for Smart TV 2015-2019

A gesture is a movement of hands, fingers, arms, body, and face of an individual. The gesture of an individual is captured via a camera that takes it as an input. The input then passes through a number of mathematical algorithms that can be used to trace the gestures of the individual. As the extraction of the features takes place, an image is developed through image processing. The image processing serves as an output. 2D gesture recognition is used in the consumer electronics such as smartphones, TVs, tablets, and laptops. The process of 2D gesture recognition starts from capturing of an image by camera. This image is then processed and matched against the stored database. The output is in the form of the motion changes in the consumer electronics. TechNavio's analysts forecast the......
$2500

Virtual Desktop Infrastructure (VDI) Market in the US 2015-2019

Virtual desktop infrastructure makes use of a centralized storage space and system applications, and data are stored centrally at the server. It helps in providing enhanced security and smooth user experience by hosting the data in the centralized server and not in the user's machine, which can be lost, destroyed, or stolen. End-users can gain remote access to these applications and data from anywhere using their login details. Centralization helps companies with enhanced backup and reliable computing solutions. It also helps in reducing operational cost, as changes and modifications are done at a central level rather than in each and every desktop. TechNavio's analysts forecast the VDI market in the US to grow at a CAGR of 29.70 percent over the period 2014-2019. Covered in this Rep......
$2500

Cloud-based VDI Market in the US 2015-2019

A cloud-based VDI solution is a computing model where an end-user's system is separated from the physical IT infrastructure, but can access all the necessary files and data virtually. This computing model uses a cloud-based storage space, wherein the system applications and data are stored in the data center of a primary cloud service provider. End-users can gain remote access to these applications and data using their login credentials. Rapid technological developments and the need for fast and reliable computing solutions have prompted many companies to opt and centralize their end-user data and applications, because centralization helps companies provide end-users with enhanced backup and reliable computing solutions. Cloud-based VDI is an emerging concept among companies in many countr......
$2000

IT Market in Australia 2015-2019

IT can be defined as an integrated platform consisting of hardware, software, and services. Organizations have IT departments and are responsible for storing, safeguarding, processing, transmitting, and retrieving information. IT enables a smooth flow of information across an organization. IT departments manage all IT-related services, software, and solutions, integrating and streamlining them with various processes, thus facilitating a smooth flow of organizational information. IT also helps organizations to align their business processes with various technologies and improve overall efficiency. TechNavio's analysts forecast the IT market in Australia to grow at a CAGR of 5.21 percent over the period 2014-2019. Covered in this Report The report covers the present scenario and the......
$2500

Global Enterprise Storage Market 2015-2019

Enterprise storage is a repository where business information is stored for a period of time depending upon the business needs. Enterprise users can fetch these data and share them among one another through interconnected networks or online. Enterprise storage comprises SSD and HDD devices that are commonly used in SAN, NAS, and DAS systems environment. Data that are stored can also be used in case of any failure as a disaster recovery solution. Compared to traditional storage, enterprise storage is highly reliable, fault-tolerant, and scalable storage option, which is mostly suitable for enterprises handling huge amount of data. TechNavio's analysts forecast the Global Enterprise Storage market to grow at a CAGR of 15 percent over the period 2015-2019. Covered in this Report The ......
$2500

Global Digital Content Market 2015-2019

Digital content is the content in digital format. It is formed of bits and can be stored on a hard disk. Typically, digital content refers to information available for distribution on electronic media. It can also be downloaded. Digital content has many forms: from text and audio and videos files, to graphics, animations, and images. With the growing popularity of smartphones, tablets, and e-readers, a consumer has a wide variety of options to get the digital content besides the computer. Today, it is important to know what kind of digital content is created and how it is delivered. Therefore, to be successful in the digital content realm, digital content creators must present their content in the most attractive way. TechNavio's analysts forecast the Global Digital Content market will ......
$5000