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

The Taiwanese Tablet Industry, 3Q 2014

This research report presents shipment volume and value forecast and recent quarter review of the Taiwanese tablet industry. The report includes shipment volume and value, ASP, and product mix analysis. The content of this report is based on primary data obtained through interviews with tablet makers. The report finds that the Taiwanese tablet industry's shipment volume reached about 21.8 million units in the second quarter of 2014, up 3.4% sequentially. However, as prices of tablets are falling further down, the price gap between major brands and white-box vendors is narrowing, thereby affecting Taiwan's tablet shipments in 2014 and even in 2015. Although the worldwide tablet market growth is anticipated to see an evident slowdown in 2014 compared to 2013, Taiwan's tablet industry is anti......
$1200

Global GIS Market in the Transportation Industry 2014-2018

A GIS is a system or a set of tools used to interpret business and geospatial data. It integrates hardware, software, and data for processing business and geographically referenced data. This system digitizes the received geospatial data and processes them to provide the desired output. GIS is used across various sectors, such as Natural Resources, Utilities, Federal Government, Communication and Telecom, Military/Law Enforcement, and Others, for various purposes such as disaster management, finding location details, viewing maps, marketing, designing facilities, and others. TechNavio's analysts forecast the Global GIS market in the Transportation industry to grow at a CAGR of 10.93 percent over the period 2013-2018. Covered in this Report The Global GIS market in the Transportati......
$3500

Consumer LBS Market in the US 2014-2018

Location-based services (LBS) are information services that are accessible with mobile devices through the mobile network. They use geographical information to serve a mobile user. LBS are used by consumers, enterprises, as well as government organizations. They provide a medium to connect enterprises with consumers. In the Consumer segment, they are used for car navigation, traffic information, pedestrian navigation, mobile payment, mobile coupons, friend finder, date finder, family locator, check-in, indoor routing, mobile yellow pages, shopping guides, product tracking car-park guidance, weather information, and finding nearest taxi and buses. They are very beneficial to consumers and make their day-to-day life simple by providing a large number of applications at an affordable cost. Th......
$2500

Global Machine-to-machine (M2M) Management Software Market 2014-2018

The M2M technology is a specific capability that enables machines to connect and securely interact over a network. M2M help organizations achieve new and innovative high-margin revenue stream, great flexibility with end-to-end solutions, low energy consumption, and risk reduction. It also keeps track of safety and security measures by providing remote access, 24x7 monitoring, automated emergency response. M2M management software is becoming a hot feature in the Telecom and IT industries as it relates to connecting remote sensing, monitoring, and actuating devices. In a broader way, M2M management software helps increase IT efficiency for businesses and governments in terms of automated business process management (BPM), enterprise resource planning (ERP), and streamlining of customer relat......
$2500

Global Field Service Management (FSM) Market 2014-2018

Field service management (FSM) software is used to remotely locate, track, and manage information regarding the teams of technicians sent by companies into the field for service processes. It offers organizations a number of benefits, including cost saving, improved employee productivity, and enhanced customer satisfaction. In addition, the increased management visibility in field operations enables enterprises to quickly recognize and address revenue-generating opportunities. FSM solutions are used for scheduling, allocating, and dispatching technicians for fieldwork. Moreover, they can help in proper scheduling or prioritizing the allotted work, help in matching technician skills, and reduce the problem-solving time. TechNavio's analysts forecast the Global Field Service Management Ma......
$2500

Enterprise Indoor LBS Market in the US 2014-2018

Indoor location-based services (LBS) are used to track the location of an object or people within a building or a specific location such as a university campus. The indoor LBS are confined to a very limited geography; hence, they use only wireless networks such as Wi-Fi and WLAN that cover a small area. In addition, the indoor LBS require a high accuracy to locate the position of the object or device. Because of this, they use positioning technologies based on Wi-Fi, WLAN, UWB, Bluetooth, A-GPS, MEMS, and other hybrid technologies. Indoor LBS are mainly used in universities, hospitals, stadiums, shopping malls, government offices, airports, museums, convention centers, hotels, resorts, and parking areas. TechNavio's analysts forecast the Enterprise Indoor LBS market in the US to grow at......
$2500

Global Market Expansion Services (MES) Market 2014-2018

MES is a premium sector of the Outsourcing industry, which helps end-users grow in their existing markets and expand to new ones. MES providers combine services offered by market research firms, consultants, sales agents, and legal advisors, and thus helps firms to cut costs and reduce complexity while expanding globally. This service also helps organizations set up marketing, sales, and distribution structures to realise their full potential in the existing or new markets. Unlike traditional outsourcing practises, MES has a key focus on front-to-end process and has a high level of customer interaction involved. Hence, it helps its end-users to increase the market share, while cutting costs and reducing operational complexity. It provides value-added services to its end-users with more foc......
$2500

Global Public Sector Outsourcing Market 2014-2018

The Public sector refers to part of the economy that concerned with providing various government services including military, police, public education, public transit along with healthcare and those working for the government itself. Public sector outsourcing comprises of IT outsourcing (ITO) and business process outsourcing (BPO). Outsourcing helps public sector agencies to accomplish their requirements and improve the business goals and activities. ITO and BPO services are required in the Government sector to manage IT systems and improve business-related processes and methodologies. These outsourced services support government agencies to perform various functions, including taxation, pensions, asset registration, e-governance initiatives, and welfare programs including financial assist......
$2500

General and Administration Outsourcing Market in Latin America 2014-2018

General and administration outsourcing is defined as the process of outsourcing the set of activities related to managing the general and administration expenses that comprise of finance and accounting (F&A) outsourcing, human resource outsourcing, and procurement outsourcing. General and administration outsourcing is currently in its nascent stage in Latin America, growing at nearly 1.5 times the growth rate of the Global General and Administration Outsourcing market. The value proposition in general and administration outsourcing is not driven by cost arbitrage, but by developing strong business values and strategies. The relatively emerging nature of solution characteristics, the adoption of new trends, and the service provider landscape of general and administration outsourcing in ......
$2500

Global Mobile Satellite Services Market 2014-2018

Mobile satellite services refer to the provision of telecommunication services with the use of satellites. Mobile satellite services facilitate mobile communication beyond the range constraints of terrestrial wireless systems. This makes the provision of mobile-to-fixed and mobile-to-mobile voice and data communications possible using ground facilities, geostationary (GEO) satellite networks, and low earth orbit (LEO) satellites. However, due to their limited availability, high cost, and increased complexity, the availability of mobile satellite services is limited to the Domestic or Non-business market. Hence, these services are mostly used for sophisticated communication applications and for serving certain niche sectors such as Maritime, Aviation, and Government. TechNavio''s analyst......
$2500