Asia-Pacific Image Recognition Market – Industry Trends and Forecast to 2031

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Asia-Pacific Image Recognition Market – Industry Trends and Forecast to 2031

  • Semiconductors and Electronics
  • Upcoming Report
  • Feb 2024
  • Asia-Pacific
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Asia Pacific Image Recognition Market

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period
2024 –2031
Diagram Market Size (Base Year)
USD 12,458.67 Million
Diagram Market Size (Forecast Year)
USD 51,810.14 Million
Diagram CAGR
%
Diagram Major Markets Players
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Asia-Pacific Image Recognition Market, By Offering (Hardware, Software, Services), Technology (QR/Barcode Recognition, Object Recognition, Facial Recognition, Pattern Recognition, Optical Character Recognition), Deployment (Cloud, On-Premise), Application (Augmented Reality, Scanning, and Imaging, Security and Surveillance, Marketing and Advertising, Image Search), End Use (Automobile and Transportation, BFSI, Government, Healthcare, IT and Telecom, Media and Entertainment, Retail and E-Commerce, Others) - Industry Trends and Forecast to 2031.

Asia-Pacific Image Recognition Market

 

Asia-Pacific Image Recognition Market Analysis and Size

Image recognition, also known as computer vision or image classification, refers to the process of identifying and categorizing objects or patterns within digital images or videos. It is a subfield of artificial intelligence that involves developing algorithms and models to enable machines to understand and interpret visual data. It typically involves training a machine learning model using a large dataset of labeled images.

Data Bridge Market Research analyzes that the Asia-Pacific image recognition market is expected to reach USD 51,810.14 million by 2031, from USD 12,458.67 Million in 2023 and is expected to undergo a CAGR of 19.5% during the forecast period of 2024 to 2031. “Hardware” dominates the components segment of the market due to demand from growing markets. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2024 to 2031

Base Year

2023

Historic Years

2022 (Customizable to 2016-2021)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

Offering (Hardware, Software, Services), Technology (QR/Barcode Recognition, Object Recognition, Facial Recognition, Pattern Recognition, Optical Character Recognition), Deployment (Cloud, On-Premise), Application (Augmented Reality, Scanning, and Imaging, Security and Surveillance, Marketing and Advertising, Image Search), End Use (Automobile and Transportation, BFSI, Government, Healthcare, IT and Telecom, Media and Entertainment, Retail and E-Commerce, Others)

Countries Covered

Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific

Market Players Covered

IBM Corporation (U.S.), Microsoft (U.S.), Clarifai, Inc. (U.S.), Huawei Technologies Co., Ltd. (China), TRAX IMAGE RECOGNITION (Singapore), Vispera Information Technologies (Turkey), Partium.io (Germany), LTU Tech (U.S.), Blippar (U.K.), Wikitude GmbH (Austria), Trigo (Israel), Ricoh (Japan), Honeywell International Inc. (U.S.), Google (U.S.), TOSHIBA ELECTRONIC DEVICES & STORAGE CORPORATION (Japan), Qualcomm Technologies, Inc. (U.S.), Hitachi Information & Telecommunication Engineering, Ltd. (Japan), Amazon Web Services, Inc. (U.S.)

Market Opportunities

  • Need for efficient and profitable retail execution processes with adherence to compliance standards
  • Accelerating demand for cloud-powered image recognition solutions to aid representatives in retail execution
  • High installation cost of image recognition services

Market Definition

Image recognition is a method used to acquire, process, and scrutinize images. The technique is used to gather high-dimensional data for the purpose of generating numerical or symbolic information. Image recognition incorporates disentangling of representational information from the data gathered from the image by using replicas created with the help of geometry, physics, statistics, and learning theory.

Asia-Pacific Image Recognition Market Dynamics

Driver

  • Efficient and profitable retail execution processes with adherence to compliance standards

Image recognition solutions are revolutionizing the way companies manage customer interactions, market products online and offline, and manage store inventory. Image recognition technology is increasingly being used to search for products online for purchase. The use of image recognition for shelf recognition, product placement, and maintaining compliance with merchandising standards is quickly gaining momentum. Image recognition technology is assisting manufacturers, retailers, and marketers to understand their market and react dynamically.

Opportunity

  • Accelerating demand for cloud-powered image recognition solutions

Major cloud companies such as AWS, Microsoft, and Google are heavily investing in enhancing their image recognition market offerings to optimize in-store and online retail execution. Organic and inorganic strategies supported by underlying cloud infrastructure promotes the future growth of the image recognition market.

Restraints/Challenges

  • High installation cost

Most of the enabling technologies, such as face recognition, deep learning, computer vision, Al, ML, and gesture recognition, have huge development costs. Thus, companies that lack financial resources do not opt for image recognition offerings even if they are interested in such solutions to increase productivity. Well-known vendor solutions in the market such as Microsoft Computer Vision API, Microsoft Emotion API, Amazon Rekognition, Google Cloud Vision API, and IBM Watson Visual Recognition are highly priced, making it difficult for small companies to deploy them. The huge cost of implementing image recognition solutions and training Al enablers to execute a specific task will act as a deterrent for small retail and e-commerce businesses; this could prove to be a restraint for image recognition solution vendors during the forecast period.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent Developments

  • In August 2021, Huawei Technologies Co., Ltd. launched seven new machine vision products. The key feature of this product was improved image quality evaluation standard using AI-based features. These products helped the company improve its product portfolio and offered customers unique vision products with improved image/object identification and detection capabilities

Asia-Pacific Image Recognition Market Scope

The image recognition market is segmented on the basis of offering, technology, deployment, application, and end-use. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Offering

  • Hardware
  • Software
  • Services

Technology

  • QR/Barcode Recognition
  • Object Recognition
  • Facial Recognition
  • Pattern Recognition
  • Optical Character Recognition

Deployment

  • Cloud
  • On-Premise

Application

  • Augmented Reality
  • Scanning, and Imaging
  • Security and Surveillance
  • Marketing and Advertising
  • Image Search

End Use

  • Automobile and Transportation
  • BFSI
  • Government
  • Healthcare
  • IT and Telecom
  • Media and Entertainment
  • Retail and E-Commerce
  • others

Asia-Pacific Image Recognition Market Region Analysis/Insights

The image recognition market is analyzed and market size insights and trends are provided by country, offering, technology, deployment, application, and end use industry as referenced above.

The countries covered in the market report are Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, and rest of Asia-Pacific.

China is expected to dominate the market due to China being home to renowned research institutions, universities, and technology companies that conduct cutting-edge research in photonics and integrated circuit technologies. This strong R&D ecosystem fosters innovation and drives advancements in Image Recognition circuits.

China is expected to be the fastest-growing country in the market due to the a large and rapidly growing population, along with a significant increase in internet usage and data consumption. This drives the demand for high-speed and efficient communication networks, which can benefit from the use of Image Recognition circuits. PICs are capable of integrating multiple optical components on a single chip, making them well-suited for high-speed data transmission and communication applications.

The region section of the report also provides individual market-impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points like downstream and upstream value chain analysis, technical trends, and Porter’s five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Asia-Pacific brands and the challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the region data.   

Competitive Landscape and Asia-Pacific Image Recognition Market Share Analysis

The image recognition market competitive landscape provides details of competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Asia-Pacific presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies' focus related to the image recognition market.

Some of the major players operating in the image recognition market are:

  • IBM Corporation (U.S.)
  • Microsoft (U.S.)
  • Clarifai, Inc. (U.S.)
  • Huawei Technologies Co., Ltd. (China)
  • TRAX IMAGE RECOGNITION (Singapore)
  • Vispera Information Technologies (Turkey)
  • Partium.io (Germany)
  • LTU Tech (U.S.)
  • Blippar (U.K.)
  • Wikitude GmbH (Austria)
  • Trigo (Israel)
  • Ricoh (Japan)
  • Honeywell International Inc. (U.S.)
  • Google (U.S.)
  • TOSHIBA ELECTRONIC DEVICES & STORAGE CORPORATION (Japan)
  • Qualcomm Technologies, Inc. (U.S.)
  • Hitachi Information & Telecommunication Engineering, Ltd. (Japan)
  • Amazon Web Services, Inc. (U.S.)


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Table of Content

  1. introduction
    1. OBJECTIVES OF THE STUDY
    2. MARKET DEFINITION
    3. OVERVIEW OF Asia-Pacific image recognition market
    4. Currency and Pricing
    5. LIMITATIONS
    6. MARKETS COVERED
  2. MARKET SEGMENTATION
    1. MARKETS COVERED
    2. geographicAL scope
    3. years considered for the study
    4. DBMR TRIPOD DATA VALIDATION MODEL
    5. primary interviews with key opinion leaders
    6. DBMR MARKET POSITION GRID
    7. vendor share analysis
    8. Multivariate Modeling
    9. APPLICATION timeline curve
    10. secondary sourcEs
    11. assumptions
  3. EXECUTIVE SUMMARY
    1. premium insights
    2. PREMIUM INSIGHTS
      1. TECHNOLOGY LANDSCAPE
      2. QR/ barcode recognition
      3. object recognition (OR)
      4. facial recognition (FR)
      5. pattern recognition (PR)
      6. optical character recognition (ocr)
  4. market overview
    1. drivers
      1. INCREASING CONSUMPTION OF THE SMARTPHONES
      2. GROWING ADOPTION FOR SECURITY APPLICATION
      3. RAPID ADOPTION BY VARIOUS END USERS
      4. Growing demand for cloud-powered image recognition solutions
    2. RESTRAINTS
      1. MISUSE OF FACIAL RECOGNITION TECHNOLOGY
      2. High installation cost of image recognition services
    3. OPPORTUNITIES
      1. INCREASING DEMAND FROM GOVERNMENT AND PRIVATE SECTORs FOR SERVICE IMPROVEMENT
      2. Technological advancement and rising investment in image recognition systems
    4. CHALLENGES
      1. Technical challenges to improve the performance of solution
      2. Challenges in Image Classification by IR solutions
  5. Impact of COVID-19 on Asia-Pacific image recognition market
    1. ANALYSIS ON IMPACT OF COVID-19 ON IMAGE RECOGNITION MARKET
    2. AFTERMATH OF COVID-19 AND GOVERNMENT INITIATIVE TO BOOST THE MARKET
    3. STRATEGIC DECISIONS FOR MANUFACTURERS AFTER COVID-19 TO GAIN COMPETITIVE MARKET SHARE
    4. IMPACT ON PRICE
    5. IMPACT ON DEMAND AND SUPPLY CHAIN
    6. CONCLUSION
  6. Asia-Pacific image recognition MARKET, BY OFFERING
    1. overview
    2. HARDWARE
    3. Software
    4. services
      1. Managed Services
      2. Professional Services
        1. TRAINING & CONSULTING
        2. SUPPORT & MAINTENANCE
  7. Asia-Pacific image recognition MARKET, BY TECHNOLOGY
    1. overview
    2. QR/ Barcode Recognition
    3. Object Recognition
    4. Facial Recognition
    5. Pattern Recognition
    6. Optical Character Recognition
  8. Asia-Pacific image recognition MARKET, BY deployment model
    1. overview
    2. On-Premise
    3. Cloud
      1. Private
      2. Public
      3. Hybrid
  9. Asia-Pacific image recognition MARKET, BY application
    1. overview
    2. Security and Surveillance
    3. Scanning & Imaging
    4. Image Search
    5. Marketing & Advertisement
    6. Augmented Reality
  10. Asia-Pacific image recognition MARKET, BY end use
    1. overview
    2. Automotive & Transportation
      1. Hardware
      2. Software
      3. Services
    3. BFSI
      1. Hardware
      2. Software
      3. Services
    4. Government
      1. Hardware
      2. Software
      3. Services
    5. Healthcare
      1. Hardware
      2. Software
      3. Services
    6. IT & Telecom
      1. Hardware
      2. Software
      3. Services
    7. Media & Entertainment
      1. Hardware
      2. Software
      3. Services
    8. Retail & E-Commerce
      1. Hardware
      2. Software
      3. Services
    9. Others
      1. Hardware
      2. Software
      3. Services
  11. Asia-Pacific image recognition market, BY COUNTRY
    1. Australia
    2. Indonesia
    3. Taiwan
    4. Thailand
    5. Singapore
    6. Vietnam
    7. rest of Asia-Pacific
  12. Asia-Pacific Image Recognition Market: COMPANY landscape
  13. swot analysis
  14. company profile
    1. Huawei Technologies Co., Ltd.
      1. COMPANY snapshot
      2. PRODUCT PORTFOLIO
      3. recent DEVELOPMENTs
    2. Hitachi Information & Telecommunication Engineering, Ltd.
      1. COMPANY snapshot
      2. REVENUE ANALYSIS
      3. Product PORTFOLIO
      4. recent DEVELOPMENT
    3. Honeywell International Inc.
      1. COMPANY snapshot
      2. REVENUE ANALYSIS
      3. Product PORTFOLIO
      4. recent DEVELOPMENT
    4. TOSHIBA ELECTRONIC DEVICES & STORAGE CORPORATION
      1. COMPANY snapshot
      2. REVENUE ANALYSIS
      3. Product PORTFOLIO
      4. recent DEVELOPMENT
    5. Qualcomm Technologies, Inc.
      1. COMPANY snapshot
      2. REVENUE ANALYSIS
      3. Product PORTFOLIO
      4. recent DEVELOPMENTS
    6. Google
      1. COMPANY snapshot
      2. REVENUE ANALYSIS
      3. Product PORTFOLIO
      4. recent DEVELOPMENTS
    7. TRAX IMAGE RECOGNITION
      1. COMPANY snapshot
      2. Technology PORTFOLIO
      3. recent DEVELOPMENTs
    8. IBM Corporation
      1. COMPANY snapshot
      2. REVENUE ANALYSIS
      3. Solution PORTFOLIO
      4. recent DEVELOPMENT
    9. Amazon Web Services, Inc.
      1. COMPANY snapshot
      2. REVENUE ANALYSIS
      3. Product PORTFOLIO
      4. recent DEVELOPMENT
    10. ricoh
      1. COMPANY snapshot
      2. REVENUE ANALYSIS
      3. Solution PORTFOLIO
      4. recent DEVELOPMENT
    11. Microsoft
      1. COMPANY snapshot
      2. REVENUE ANALYSIS
      3. service PORTFOLIO
      4. recent DEVELOPMENTS
    12. Blippar
      1. COMPANY snapshot
      2. product PORTFOLIO
      3. recent DEVELOPMENTs
    13. Clarifai, Inc
      1. COMPANY snapshot
      2. product & solution PORTFOLIO
      3. recent DEVELOPMENTs
    14. LTU Tech
      1. COMPANY snapshot
      2. Solution PORTFOLIO
      3. recent DEVELOPMENTs
    15. Partium.io (A brand of Humai Technologies GmbH)
      1. COMPANY snapshot
      2. Product PORTFOLIO
      3. recent DEVELOPMENT
    16. trigo
      1. COMPANY snapshot
      2. Product PORTFOLIO
      3. recent DEVELOPMENT
    17. Vispera Information Technologies
      1. COMPANY snapshot
      2. Product PORTFOLIO
      3. recent DEVELOPMENTs
    18. Wikitude GmbH
      1. COMPANY snapshot
      2. Solution PORTFOLIO
      3. recent DEVELOPMENTs
  15. questionnaire
  16. related reports

List of Table

TABLE 1 Asia-Pacific image recognition market, By offering, 2019-2028 (USD MILLION)

TABLE 2 Asia-Pacific Services in Image recognition Market, By Type, 2019-2028 (USD Million)

TABLE 3 Asia-Pacific Professional Services in Image Recognition Market, By Type, 2019-2028 (USD Million)

TABLE 4 Asia-Pacific image recognition market, BY Technology, 2019-2028 (USD MILLION)

TABLE 5 Asia-Pacific image recognition market, By Deployment model, 2019-2028 (USD MILLION)

TABLE 6 Asia-Pacific Cloud in Image recognition Market, By Type, 2019-2028 (USD Million)

TABLE 7 Asia-Pacific image recognition market, BY Application, 2019-2028 (USD MILLION)

TABLE 8 Asia-Pacific image recognition market, By End Use, 2019-2028 (USD MILLION)

TABLE 9 Asia-Pacific Automotive & Transportation in Image recognition Market, By Offering, 2019-2028 (USD Million)

TABLE 10 Asia-Pacific BFSI in Image recognition Market, By Offering, 2019-2028 (USD Million)

TABLE 11 Asia-Pacific Government in Image recognition Market, By Offering, 2019-2028 (USD Million)

TABLE 12 Asia-Pacific Healthcare in Image recognition Market, By Offering, 2019-2028 (USD Million)

TABLE 13 Asia-Pacific IT & Telecom in Image recognition Market, By Offering, 2019-2028 (USD Million)

TABLE 14 Asia-Pacific Media & Entertainment in Image recognition Market, By Offering, 2019-2028 (USD Million)

TABLE 15 Asia-Pacific Retail & E-commerce in Image recognition Market, By Offering, 2019-2028 (USD Million)

TABLE 16 Asia-Pacific Others in Image recognition Market, By Offering, 2019-2028 (USD Million)

TABLE 17 Asia-Pacific Image Recognition Market, By Country, 2019-2028 (USD Million)

TABLE 18 Asia-Pacific image recognition market, By Offering, 2019-2028 (USD Million)

TABLE 19 ASIA-PACIFIC services in image recognition Market, By Type, 2019-2028 (USD Million)

TABLE 20 ASIA-PACIFIC professional services in IMAGE RECOGNITION Market, By Type, 2019-2028 (USD Million)

TABLE 21 ASIA-PACIFIC IMAGE RECOGNITION Market, By Deployment Model, 2019-2028 (USD Million)

TABLE 22 ASIA-PACIFIC cloud in image recognition market, By type, 2019-2028 (USD Million)

TABLE 23 ASIA-PACIFIc image recognition market, By Technology, 2019-2028 (USD Million)

TABLE 24 Asia-Pacific image recognition market, By Application, 2019-2028 (USD Million)

TABLE 25 Asia-Pacific image recognition market, By End Use, 2019-2028 (USD Million)

TABLE 26 Asia-Pacific retail & e-commerce in image recognition market, By Offering, 2019-2028 (USD Million)

TABLE 27 Asia-Pacific bfsi in image recognition market, By Offering, 2019-2028 (USD Million)

TABLE 28 Asia-Pacific automotive & transportation in image recognition market, By Offering, 2019-2028 (USD Million)

TABLE 29 Asia-Pacific government in image recognition market, By Offering, 2019-2028 (USD Million)

TABLE 30 Asia-Pacific media & entertainment in image recognition market, By Offering, 2019-2028 (USD Million)

TABLE 31 Asia-Pacific it & telecom in image recognition market, By Offering, 2019-2028 (USD Million)

TABLE 32 Asia-Pacific healthcare in image recognition market, By Offering, 2019-2028 (USD Million)

TABLE 33 Asia-Pacific others in image recognition market, By Offering, 2019-2028 (USD Million)

TABLE 34 Australia image recognition market, By Offering, 2019-2028 (USD Million)

TABLE 35 AUSTRALIA services in image recognition Market, By Type, 2019-2028 (USD Million)

TABLE 36 AUSTRALIA professional services in IMAGE RECOGNITION Market, By Type, 2019-2028 (USD Million)

TABLE 37 AUSTRALIA IMAGE RECOGNITION Market, By Deployment Model, 2019-2028 (USD Million)

TABLE 38 AUSTRALIA cloud in image recognition market, By type, 2019-2028 (USD Million)

TABLE 39 Australia image recognition market, By Technology, 2019-2028 (USD Million)

TABLE 40 Australia image recognition market, By Application, 2019-2028 (USD Million)

TABLE 41 Australia image recognition market, By End Use, 2019-2028 (USD Million)

TABLE 42 Australia retail & e-commerce in image recognition market, By Offering, 2019-2028 (USD Million)

TABLE 43 Australia bfsi in image recognition market, By Offering, 2019-2028 (USD Million)

TABLE 44 Australia automotive & transportation in image recognition market, By Offering, 2019-2028 (USD Million)

TABLE 45 Australia government in image recognition market, By Offering, 2019-2028 (USD Million)

TABLE 46 Australia media & entertainment in image recognition market, By Offering, 2019-2028 (USD Million)

TABLE 47 Australia it & telecom in image recognition market, By Offering, 2019-2028 (USD Million)

TABLE 48 Australia healthcare in image recognition market, By Offering, 2019-2028 (USD Million)

TABLE 49 Australia others in image recognition market, By Offering, 2019-2028 (USD Million)

TABLE 50 Indonesia image recognition market, By Offering, 2019-2028 (USD Million)

TABLE 51 INDONESIA services in image recognition Market, By Type, 2019-2028 (USD Million)

TABLE 52 INDONESIA professional services in IMAGE RECOGNITION Market, By Type, 2019-2028 (USD Million)

TABLE 53 INDONESIA IMAGE RECOGNITION Market, By Deployment Model, 2019-2028 (USD Million)

TABLE 54 INDONESIA cloud in image recognition market, By type, 2019-2028 (USD Million)

TABLE 55 Indonesia image recognition market, By Technology, 2019-2028 (USD Million)

TABLE 56 Indonesia image recognition market, By Application, 2019-2028 (USD Million)

TABLE 57 Indonesia image recognition market, By End Use, 2019-2028 (USD Million)

TABLE 58 Indonesia retail & e-commerce in image recognition market, By Offering, 2019-2028 (USD Million)

TABLE 59 Indonesia bfsi in image recognition market, By Offering, 2019-2028 (USD Million)

TABLE 60 Indonesia automotive & transportation in image recognition market, By Offering, 2019-2028 (USD Million)

TABLE 61 Indonesia government in image recognition market, By Offering, 2019-2028 (USD Million)

TABLE 62 Indonesia media & entertainment in image recognition market, By Offering, 2019-2028 (USD Million)

TABLE 63 Indonesia it & telecom in image recognition market, By Offering, 2019-2028 (USD Million)

TABLE 64 Indonesia healthcare in image recognition market, By Offering, 2019-2028 (USD Million)

TABLE 65 Indonesia others in image recognition market, By Offering, 2019-2028 (USD Million)

TABLE 66 Taiwan image recognition market, By Offering, 2019-2028 (USD Million)

TABLE 67 TAIWAN services in image recognition Market, By Type, 2019-2028 (USD Million)

TABLE 68 TAIWAN professional services in IMAGE RECOGNITION Market, By Type, 2019-2028 (USD Million)

TABLE 69 TAIWAN IMAGE RECOGNITION Market, By Deployment Model, 2019-2028 (USD Million)

TABLE 70 TAIWAN cloud in image recognition market, By type, 2019-2028 (USD Million)

TABLE 71 Taiwan image recognition market, By Technology, 2019-2028 (USD Million)

TABLE 72 Taiwan image recognition market, By Application, 2019-2028 (USD Million)

TABLE 73 Taiwan image recognition market, By End Use, 2019-2028 (USD Million)

TABLE 74 Taiwan retail & e-commerce in image recognition market, By Offering, 2019-2028 (USD Million)

TABLE 75 Taiwan bfsi in image recognition market, By Offering, 2019-2028 (USD Million)

TABLE 76 Taiwan automotive & transportation in image recognition market, By Offering, 2019-2028 (USD Million)

TABLE 77 Taiwan government in image recognition market, By Offering, 2019-2028 (USD Million)

TABLE 78 Taiwan media & entertainment in image recognition market, By Offering, 2019-2028 (USD Million)

TABLE 79 Taiwan it & telecom in image recognition market, By Offering, 2019-2028 (USD Million)

TABLE 80 Taiwan healthcare in image recognition market, By Offering, 2019-2028 (USD Million)

TABLE 81 Taiwan others in image recognition market, By Offering, 2019-2028 (USD Million)

TABLE 82 Thailand image recognition market, By Offering, 2019-2028 (USD Million)

TABLE 83 THAILAND services in image recognition Market, By Type, 2019-2028 (USD Million)

TABLE 84 THAILAND professional services in IMAGE RECOGNITION Market, By Type, 2019-2028 (USD Million)

TABLE 85 THAILAND IMAGE RECOGNITION Market, By Deployment Model, 2019-2028 (USD Million)

TABLE 86 THAILAND cloud in image recognition market, By type, 2019-2028 (USD Million)

TABLE 87 Thailand image recognition market, By Technology, 2019-2028 (USD Million)

TABLE 88 Thailand image recognition market, By Application, 2019-2028 (USD Million)

TABLE 89 Thailand image recognition market, By End Use, 2019-2028 (USD Million)

TABLE 90 Thailand retail & e-commerce in image recognition market, By Offering, 2019-2028 (USD Million)

TABLE 91 Thailand bfsi in image recognition market, By Offering, 2019-2028 (USD Million)

TABLE 92 Thailand automotive & transportation in image recognition market, By Offering, 2019-2028 (USD Million)

TABLE 93 Thailand government in image recognition market, By Offering, 2019-2028 (USD Million)

TABLE 94 Thailand media & entertainment in image recognition market, By Offering, 2019-2028 (USD Million)

TABLE 95 Thailand it & telecom in image recognition market, By Offering, 2019-2028 (USD Million)

TABLE 96 Thailand healthcare in image recognition market, By Offering, 2019-2028 (USD Million)

TABLE 97 Thailand others in image recognition market, By Offering, 2019-2028 (USD Million)

TABLE 98 Singapore image recognition market, By Offering, 2019-2028 (USD Million)

TABLE 99 SINGAPORE services in image recognition Market, By Type, 2019-2028 (USD Million)

TABLE 100 SINGAPORE professional services in IMAGE RECOGNITION Market, By Type, 2019-2028 (USD Million)

TABLE 101 SINGAPORE IMAGE RECOGNITION Market, By Deployment Model, 2019-2028 (USD Million)

TABLE 102 SINGAPORE cloud in image recognition market, By type, 2019-2028 (USD Million)

TABLE 103 Singapore image recognition market, By Technology, 2019-2028 (USD Million)

TABLE 104 Singapore image recognition market, By Application, 2019-2028 (USD Million)

TABLE 105 Singapore image recognition market, By End Use, 2019-2028 (USD Million)

TABLE 106 Singapore retail & e-commerce in image recognition market, By Offering, 2019-2028 (USD Million)

TABLE 107 Singapore bfsi in image recognition market, By Offering, 2019-2028 (USD Million)

TABLE 108 Singapore automotive & transportation in image recognition market, By Offering, 2019-2028 (USD Million)

TABLE 109 Singapore government in image recognition market, By Offering, 2019-2028 (USD Million)

TABLE 110 Singapore media & entertainment in image recognition market, By Offering, 2019-2028 (USD Million)

TABLE 111 Singapore it & telecom in image recognition market, By Offering, 2019-2028 (USD Million)

TABLE 112 Singapore healthcare in image recognition market, By Offering, 2019-2028 (USD Million)

TABLE 113 Singapore others in image recognition market, By Offering, 2019-2028 (USD Million)

TABLE 114 Vietnam image recognition market, By Offering, 2019-2028 (USD Million)

TABLE 115 VIETNAM services in image recognition Market, By Type, 2019-2028 (USD Million)

TABLE 116 VIETNAM professional services in IMAGE RECOGNITION Market, By Type, 2019-2028 (USD Million)

TABLE 117 VIETNAM IMAGE RECOGNITION Market, By Deployment Model, 2019-2028 (USD Million)

TABLE 118 VIETNAM cloud in image recognition market, By type, 2019-2028 (USD Million)

TABLE 119 Vietnam image recognition market, By Technology, 2019-2028 (USD Million)

TABLE 120 Vietnam image recognition market, By Application, 2019-2028 (USD Million)

TABLE 121 Vietnam image recognition market, By End Use, 2019-2028 (USD Million)

TABLE 122 Vietnam retail & e-commerce in image recognition market, By Offering, 2019-2028 (USD Million)

TABLE 123 Vietnam bfsi in image recognition market, By Offering, 2019-2028 (USD Million)

TABLE 124 Vietnam automotive & transportation in image recognition market, By Offering, 2019-2028 (USD Million)

TABLE 125 Vietnam government in image recognition market, By Offering, 2019-2028 (USD Million)

TABLE 126 Vietnam media & entertainment in image recognition market, By Offering, 2019-2028 (USD Million)

TABLE 127 Vietnam it & telecom in image recognition market, By Offering, 2019-2028 (USD Million)

TABLE 128 Vietnam healthcare in image recognition market, By Offering, 2019-2028 (USD Million)

TABLE 129 Vietnam others in image recognition market, By Offering, 2019-2028 (USD Million)

TABLE 130 rest of asia-pacific image recognition market, By Offering, 2019-2028 (USD Million)

List of Figure

FIGURE 1 Asia-Pacific image recognition MARKET: segmentation

FIGURE 2 Asia-Pacific image recognition market: data triangulation

FIGURE 3 Asia-Pacific image recognition market: DROC ANALYSIS

FIGURE 4 Asia-Pacific image recognition market: REGIONAL VS COUNTRY MARKET ANALYSIS

FIGURE 5 Asia-Pacific image recognition market: COMPANY RESEARCH ANALYSIS

FIGURE 6 Asia-Pacific image recognition market: INTERVIEW DEMOGRAPHICS

FIGURE 7 Asia-Pacific image recognition market: DBMR MARKET POSITION GRID

FIGURE 8 Asia-Pacific image recognition: vendor share analysis

FIGURE 9 Asia-Pacific image recognition market: SEGMENTATION

FIGURE 10 Increasing consumption of the smartphones and growing adoption for security application, is EXPECTED TO DRIVE Asia-Pacific image recognition market IN THE FORECAST PERIOD OF 2021 TO 2028

FIGURE 11 hardware SEGMENT is expected to account for the largest share of THE Asia-Pacific image recognition market in 2021 & 2028

FIGURE 12 DRIVERS, RESTRAINTS, OPPORTUNITIES AND CHALLENGES OF Asia-Pacific Images Recognition Market

FIGURE 13 INTERNET USERS: % OF POPULATION, ASIA-PACIFIC

FIGURE 14 DESKTOP VS. MOBILE VS. TABLET MARKET SHARE ASIA, JULY 2020-JULY 2021

FIGURE 15 MOST USED CLOUD STORAGE SERVICES

FIGURE 16 Asia-Pacific image recognition market: BY offering, 2020

FIGURE 17 Asia-Pacific image recognition market: BY Technology, 2020

FIGURE 18 Asia-Pacific image recognition market: BY Deployment model, 2020

FIGURE 19 Asia-Pacific image recognition market: BY Application, 2020

FIGURE 20 Asia-Pacific image recognition market: BY End Use, 2020

FIGURE 21 Asia-Pacific image recognition market: SNAPSHOT (2020)

FIGURE 22 Asia-Pacific image recognition market: by Country (2020)

FIGURE 23 Asia-Pacific image recognition market: by Country (2021 & 2028)

FIGURE 24 Asia-Pacific image recognition market: by Country (2020 & 2028)

FIGURE 25 Asia-Pacific image recognition market: by offering (2021-2028)

FIGURE 26 Asia-Pacific image recognition market: company share 2020 (%)

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Research Methodology

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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Frequently Asked Questions

The offering, technology, deployment, application, and end-use are the factors on which the Asia-Pacific Image Recognition Market research is based.
The Asia-Pacific Image Recognition Market growth rate is 19.5% during the forecast period.
The Efficient and profitable retail execution processes with adherence to compliance standards is the growth driver of the Asia-Pacific Image Recognition Market.
The Asia-Pacific Image Recognition Market size will be worth USD 51,810.14 million by 2031 during the forecast period.
The major companies in the Asia-Pacific Image Recognition Market are IBM Corporation (U.S.), Microsoft (U.S.), Clarifai, Inc. (U.S.), Huawei Technologies Co., Ltd. (China), TRAX IMAGE RECOGNITION (Singapore), Vispera Information Technologies (Turkey), Partium.io (Germany), LTU Tech (U.S.), Blippar (U.K.), Wikitude GmbH (Austria), Trigo (Israel), Ricoh (Japan), Honeywell International Inc. (U.S.), Google (U.S.), TOSHIBA ELECTRONIC DEVICES & STORAGE CORPORATION (Japan), Qualcomm Technologies, Inc. (U.S.), Hitachi Information & Telecommunication Engineering, Ltd. (Japan), Amazon Web Services, Inc. (U.S.).