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“The rising adoption of smartphones among users will help the image recognition market grow significantly”
MarketsandMarkets forecasts the global image recognition market to grow from USD 12.49 billion in 2015 to USD 29.98 billion by 2020, at a CAGR of 19.1%. Smartphones and gadgets equipped with cameras have pushed this technology. Online shoppers search for clothing or accessories by simply taking a picture of the garment, color, print, or texture they like. This photo is then uploaded to an app that searches an inventory of products to find the similar items, products, or items with the help of image recognition technology. The speedy growth of social media is also driving the image recognition market.

“Asia-Pacific (APAC) is expected to become one of the major adopters of image recognition techniques by 2020”
APAC is growing at a higher rate in comparison to other regions. Moreover, countries in the region, mainly Australia, China, and India, are prominently adopting technologies and solutions within the organizations for increasing profits along with customer satisfaction. Moreover, it is being used for marketing and promotional activities in many leading Asian newspapers and magazines. Also, advertising agencies in Japan, such as Hakuhodo and Dentsu, have combined image recognition software with time and GPS from smartphones to link with the consumers and provide them with the product information by creating platforms/apps such as Kokoku Plus, Gaziru, and Scan It. Furthermore, the adoption of emerging technologies and the economic growth of countries such as India and China are driving the adoption of image recognition.

Breakdown of profile of primaries
- By Company: Tier 1(9%), Tier 2 (36%) and Tier 3 (55%)
- By Designation: C-level (56%), Director Level (11%), and other executives (33%)
- By Region: North America (33%), Europe (50%), and APAC (17%)

The companies profiled in this report include:
- Qualcomm Technologies
- NEC Corporation
- Google, Inc.
- LTU Technologies
- Catchoom Technologies S.L.
- Honeywell International, Inc.
- Hitachi Ltd.
- SLYCE Holding, Inc
- WIkitude Gmbh
- Attrasoft, Inc

Increasing demand for data analytics will create new opportunities in this market
In the coming five years, the growing demand of data analytics in the image recognition market will improve the offerings and create huge opportunities for growth. Images and image sequences (videos) make up about 80% of all corporate and public unstructured big data, and image analytics is seen as a potential solution to social, political, economic, and industry issues. Big data has increased the demand of information management specialists in companies such as, Software AG, and Oracle Corporation.

The report will help the market leaders/new entrants in this market in the following ways:
1. This report segments the market into technology, component, application market, deployment type, industry verticals, and region covering this market comprehensively. The report provides the closest approximations of the revenue numbers for the overall market and the subsegments. The market numbers are further split across the different users and regions.
2. This report will help them better understand the competitors and gain more insights to better position ones business. There is a separate section on competitive landscape, including end user analysis, mergers and acquisition and expansions. Besides this, there are company profiles of the ten major players in this market. In this section, market internals are provided that can help place one’s company ahead of the competitors.
3. The report helps them understand the pulse of the market. The report provides information on key market drivers, restraints, challenges, and opportunities.

Table Of Contents

Image Recognition Market by Technology, by Component, by Application, by Deployment Type, by Industry Vertical and by Region - Global Forecast To 2022
TABLE OF CONTENTS

1 INTRODUCTION 15
1.1 OBJECTIVES OF THE STUDY 15
1.2 MARKET DEFINITION 15
1.3 MARKET SCOPE 15
1.3.1 MARKETS COVERED 16
1.3.2 YEAR CONSIDERED IN THE REPORT 17
1.4 CURRENCY 17
1.5 LIMITATIONS 17
1.6 STAKEHOLDERS 17
2 RESEARCH METHODOLOGY 18
2.1 RESEARCH DATA 18
2.1.1 KEY DATA FROM SECONDARY SOURCES 19
2.1.2 KEY DATA FROM PRIMARY SOURCES 20
2.2 MARKET SIZE ESTIMATION 21
2.2.1 BOTTOM-UP APPROACH 21
2.2.2 TOP-DOWN APPROACH 22
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 23
2.4 ASSUMPTIONS 24
3 EXECUTIVE SUMMARY 25
4 PREMIUM INSIGHTS 28
4.1 ATTRACTIVE MARKET OPPORTUNITIES IN THE IMAGE RECOGNITION MARKET 28
4.2 IMAGE RECOGNITION MARKET: BY TOP INDUSTRIES AND REGIONS 28
4.3 IMAGE RECOGNITION MARKET POTENTIAL 29
4.4 IMAGE RECOGNITION DEPLOYMENT TYPE MARKET, BY REGION (2015) 29
4.5 IMAGE RECOGNITION SOLUTION MARKET 30
4.6 LIFECYCLE ANALYSIS, BY REGION (2015) 30
5 MARKET OVERVIEW 32
5.1 INTRODUCTION 33
5.2 MARKET SEGMENTATION 33
5.2.1 BY TECHNOLOGY 34
5.2.2 BY COMPONENT 34
5.2.3 BY APPLICATION 35
5.2.4 BY DEPLOYMENT TYPE 35
5.2.5 BY INDUSTRY 36
5.2.6 BY REGION 36
5.3 MARKET DYNAMICS 37
5.3.1 DRIVERS 37
5.3.1.1 Increasing usage of smartphones 37
5.3.1.2 Rising security concerns 38
5.3.1.3 Technology acceptance by various verticals 38
5.3.2 RESTRAINTS 38
5.3.2.1 Lack of technology awareness 38
5.3.3 OPPORTUNITIES 38
5.3.3.1 Demand for data analytics 38
5.3.3.2 Increasing use in branding, media, and entertainment 39
5.3.4 CHALLENGES 39
5.3.4.1 Low quality of scanning video technology 39
5.3.4.2 Image size and storage 39
6 INDUSTRY TRENDS 40
6.1 INTRODUCTION 40
6.2 VALUE CHAIN ANALYSIS 40
6.2.1 IMAGE RECOGNITION SOLUTION PROVIDERS 41
6.2.2 OPEN SOURCE PROVIDERS 41
6.2.3 CLOUD SERVICE PROVIDERS 41
6.3 PORTER'S FIVE FORCES ANALYSIS 42
6.3.1 THREAT OF NEW ENTRANTS 42
6.3.2 THREAT OF SUBSTITUTES 43
6.3.3 BARGAINING POWER OF SUPPLIERS 43
6.3.4 BARGAINING POWER OF BUYERS 43
6.3.5 INTENSITY OF COMPETITIVE RIVALRY 44
6.4 EMERGING TRENDS 44
6.4.1 COMBINATION OF GPS AND IMAGE RECOGNITION 44
6.4.2 COMMUNICATION THROUGH IMAGE RECOGNITION TECHNOLOGIES 44
7 IMAGE RECOGNITION MARKET ANALYSIS, BY TECHNOLOGY 45
7.1 INTRODUCTION 46
7.2 CODE RECOGNITION 47
7.3 DIGITAL IMAGE PROCESSING 48
7.4 FACIAL RECOGNITION 49
7.5 OBJECT RECOGNITION 49
7.6 PATTERN RECOGNITION 50
7.7 OPTICAL CHARACTER RECOGNITION 51

8 IMAGE RECOGNITION MARKET ANALYSIS, BY COMPONENT 52
8.1 INTRODUCTION 53
8.2 HARDWARE 54
8.3 SOFTWARE 55
8.4 SERVICES 56
8.4.1 MANAGED SERVICES 57
8.4.2 PROFESSIONAL SERVICES 57
8.4.3 TRAINING, SUPPORT AND MAINTENANCE SERVICES 58
9 IMAGE RECOGNITION MARKET ANALYSIS, BY APPLICATION 59
9.1 INTRODUCTION 60
9.2 SCANNING AND IMAGING 61
9.3 SECURITY AND SURVEILLANCE 61
9.4 IMAGE SEARCH 62
9.5 AUGMENTED REALITY 63
9.6 MARKETING AND ADVERTISING 64
10 IMAGE RECOGNITION MARKET ANALYSIS, BY DEPLOYMENT TYPE 65
10.1 INTRODUCTION 66
10.2 ON-PREMISES 67
10.3 ON-CLOUD 68
11 IMAGE RECOGNITION MARKET ANALYSIS, BY INDUSTRY 69
11.1 INTRODUCTION 70
11.2 BANKING, FINANCIAL SERVICES AND INSURANCE 71
11.3 MEDIA AND ENTERTAINMENT 71
11.4 RETAIL AND CONSUMER GOODS 72
11.5 IT AND TELECOM 73
11.6 GOVERNMENT 74
11.7 HEALTHCARE 75
11.8 TRANSPORTATION AND LOGISTICS 75
11.9 OTHERS (EDUCATION AND GAMING) 77
12 GEOGRAPHIC ANALYSIS 78
12.1 INTRODUCTION 79
12.2 NORTH AMERICA 80
12.3 EUROPE 85
12.4 ASIA-PACIFIC 87
12.5 MIDDLE EAST AND AFRICA 91
12.6 LATIN AMERICA 93

13 COMPETITIVE LANDSCAPE 97
13.1 OVERVIEW 97
13.2 COMPETITIVE SITUATION AND TRENDS 98
13.2.1 NEW PRODUCT LAUNCHES 100
13.2.2 PARTNERSHIPS 101
13.2.3 ACQUISITIONS 101
14 COMPANY PROFILES 102
(Overview, Products and Services, Strategies and Insights, Developments and MnM View)*
14.1 INTRODUCTION 102
14.2 QUALCOMM TECHNOLOGIES, INC. 103
14.3 NEC CORPORATION 106
14.4 GOOGLE INC. 109
14.5 LTU TECHNOLOGIES 112
14.6 CATCHOOM TECHNOLOGIES S.L. 114
14.7 HONEYWELL INTERNATIONAL, INC. 116
14.8 HITACHI, LTD 118
14.9 SLYCE HOLDING, INC. 120
14.10 WIKITUDE GMBH 122
14.11 ATTRASOFT, INC. 124
*Details on Overview, Products and Services, Strategies and Insights, Developments and MnM View might not be captured in case of unlisted companies.
15 INNOVATOR COMPANY PROFILES 125
15.1 BLIPPAR 125
15.1.1 COMPANY OVERVIEW 125
15.1.2 PUSH FOR THE TECHNOLOGY 125
15.1.3 RECENT DEVELOPMENTS 125
15.2 PLANORAMA 126
15.2.1 COMPANY OVERVIEW 126
15.2.2 PUSH FOR THE TECHNOLOGY 126
15.2.3 RECENT DEVELOPMENTS 126
15.3 RICOH INNOVATIONS CORPORATION 127
15.3.1 COMPANY OVERVIEW 127
15.3.2 PUSH FOR THE TECHNOLOGY 127

15.4 PRC GMBH 128
15.4.1 COMPANY OVERVIEW 128
15.4.2 PUSH FOR THE TECHNOLOGY 128
16 OTHER DEVELOPMENTS 129
16.1 NEW PRODUCT LAUNCHES, 2012-2015 129
16.2 PARTNERSHIPS, 2012-2015 130
16.3 ACQUISITIONS, 2012-2015 130
17 APPENDIX 131
17.1 DISCUSSION GUIDE 131
17.2 INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE 136
17.3 AVAILABLE CUSTOMIZATIONS 137
17.4 RELATED REPORTS 138


LIST OF TABLES

TABLE 1 GLOBAL IMAGE RECOGNITION MARKET SIZE AND GROWTH RATE,
2013-2020 (USD MILLION, YOY %) 25
TABLE 2 IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2013-2020 (USD MILLION) 46
TABLE 3 CODE RECOGNITION: IMAGE RECOGNITION MARKET SIZE, BY REGION,
2013-2020 (USD MILLION) 47
TABLE 4 DIGITAL IMAGE PROCESSING: IMAGE RECOGNITION MARKET SIZE, BY REGION, 2013-2020 (USD MILLION) 48
TABLE 5 FACIAL RECOGNITION: IMAGE RECOGNITION MARKET SIZE, BY REGION,
2013-2020 (USD MILLION) 49
TABLE 6 OBJECT RECOGNITION: IMAGE RECOGNITION MARKET SIZE, BY REGION,
2013-2020 (USD MILLION) 49
TABLE 7 PATTERN RECOGNITION: IMAGE RECOGNITION MARKET SIZE, BY REGION,
2013-2020 (USD MILLION) 50
TABLE 8 OPTICAL CHARACTER RECOGNITION: IMAGE RECOGNITION MARKET SIZE,
BY REGION, 2013-2020 (USD MILLION) 51
TABLE 9 IMAGE RECOGNITION MARKET SIZE, BY COMPONENT, 2013-2020 (USD MILLION) 53
TABLE 10 HARDWARE: IMAGE RECOGNITION MARKET SIZE, BY REGION,
2013-2020 (USD MILLION) 54
TABLE 11 SOFTWARE: IMAGE RECOGNITION MARKET SIZE, BY REGION,
2013-2020 (USD MILLION) 55
TABLE 12 SERVICES : IMAGE RECOGNITION MARKET SIZE, BY REGION,
2013-2020 (USD MILLION) 56
TABLE 13 MANAGED SERVICES: IMAGE RECOGNITION MARKET SIZE, BY REGION,
2013-2020 (USD MILLION) 57
TABLE 14 PROFESSIONAL SERVICES: IMAGE RECOGNITION MARKET SIZE, BY REGION, 2013-2020 (USD MILLION) 58
TABLE 15 TRAINING, SUPPORT AND MAINTENANCE SERVICE: IMAGE RECOGNITION MARKET SIZE, BY REGION, 2013-2020 (USD MILLION) 58
TABLE 16 IMAGE RECOGNITION MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION) 60
TABLE 17 SCANNING AND IMAGING: IMAGE RECOGNITION MARKET SIZE, BY REGION,
2013-2020 (USD MILLION) 61
TABLE 18 SECURITY AND SURVEILLANCE: IMAGE RECOGNITION MARKET SIZE, BY REGION, 2013-2020 (USD MILLION) 62
TABLE 19 IMAGE SEARCH: IMAGE RECOGNITION MARKET SIZE, BY REGION ,
2013-2020 (USD MILLION) 63
TABLE 20 AUGMENTED REALITY MARKET: IMAGE RECOGNITION MARKET SIZE, BY REGION, 2013-2020 (USD MILLION) 64
TABLE 21 MARKETING AND ADVERTISING MARKET: IMAGE RECOGNITION MARKET SIZE,
BY REGION, 2013-2020 (USD MILLION) 64
TABLE 22 IMAGE RECOGNITION MARKET, BY DEPLOYMENT TYPE,
2013-2020 (USD MILLION) 66
TABLE 23 ON-PREMISES MARKET: IMAGE RECOGNITION MARKET SIZE, BY REGION,
2013-2020 (USD MILLION) 67
TABLE 24 CLOUD DEPLOYMENT TYPE: IMAGE RECOGNITION MARKET SIZE, BY REGION, 2013-2020 (USD MILLION) 68
TABLE 25 IMAGE RECOGNITION MARKET SIZE, BY INDUSTRY, 2013-2020 (USD MILLION) 70
TABLE 26 BFSI: IMAGE RECOGNITION MARKET SIZE, BY REGION, 2013-2020 (USD MILLION) 71
TABLE 27 MEDIA AND ENTERTAINMENT MARKET: IMAGE RECOGNITION MARKET SIZE,
BY REGION, 2013-2020 (USD MILLION) 72
TABLE 28 RETAIL AND CONSUMER GOODS: IMAGE RECOGNITION MARKET SIZE, BY REGION, 2013-2020 (USD MILLION) 73
TABLE 29 IT AND TELECOM: IMAGE RECOGNITION MARKET SIZE, BY REGION,
2013-2020 (USD MILLION) 73
TABLE 30 GOVERNMENT: IMAGE RECOGNITION MARKET SIZE, BY REGION,
2013-2020 (USD MILLION) 74
TABLE 31 HEALTHCARE: IMAGE RECOGNITION MARKET SIZE, BY REGION,
2013-2020 (USD MILLION) 75
TABLE 32 TRANSPORTATION AND LOGISTICS MARKET: IMAGE RECOGNITION MARKET SIZE, BY REGION, 2013-2020 (USD MILLION) 76
TABLE 33 OTHERS : IMAGE RECOGNITION MARKET SIZE, BY REGION,
2013-2020 (USD MILLION) 77
TABLE 34 IMAGE RECOGNITION MARKET SIZE, BY REGION, 2013-2020 (USD MILLION) 79
TABLE 35 NORTH AMERICA: IMAGE RECOGNITION MARKET SIZE, BY TECHNOLOGY,
2013-2020 (USD MILLION) 82
TABLE 36 NORTH AMERICA: IMAGE RECOGNITION MARKET SIZE, BY COMPONENT,
2013-2020 (USD MILLION) 82
TABLE 37 NORTH AMERICA: IMAGE RECOGNITION MARKET SIZE, BY APPLICATION,
2013-2020 (USD MILLION) 83
TABLE 38 NORTH AMERICA: IMAGE RECOGNITION MARKET SIZE, BY DEPLOYMENT TYPE, 2013-2020 (USD MILLION) 83
TABLE 39 NORTH AMERICA: IMAGE RECOGNITION MARKET SIZE, BY INDUSTRY,
2013-2020 (USD MILLION) 84
TABLE 40 EUROPE: IMAGE RECOGNITION MARKET SIZE, BY TECHNOLOGY,
2013-2020 (USD MILLION) 85
TABLE 41 EUROPE: IMAGE RECOGNITION MARKET SIZE, BY COMPONENT,
2013-2020 (USD MILLION) 85
TABLE 42 EUROPE: IMAGE RECOGNITION MARKET SIZE, BY APPLICATION,
2013-2020 (USD MILLION) 86
TABLE 43 EUROPE: IMAGE RECOGNITION MARKET SIZE, BY DEPLOYMENT TYPE,
2013-2020 (USD MILLION) 86
TABLE 44 EUROPE: IMAGE RECOGNITION MARKET SIZE, BY INDUSTRY,
2013-2020 (USD MILLION) 87
TABLE 45 ASIA-PACIFIC: IMAGE RECOGNITION MARKET SIZE, BY TECHNOLOGY,
2013-2020 (USD MILLION) 89
TABLE 46 ASIA-PACIFIC: IMAGE RECOGNITION MARKET SIZE, BY COMPONENT,
2013-2020 (USD MILLION) 89
TABLE 47 ASIA-PACIFIC: IMAGE RECOGNITION MARKET SIZE, BY APPLICATION,
2013-2020 (USD MILLION) 89
TABLE 48 ASIA-PACIFIC: IMAGE RECOGNITION MARKET SIZE, BY DEPLOYMENT TYPE,
2013-2020 (USD MILLION) 90
TABLE 49 ASIA-PACIFIC: IMAGE RECOGNITION MARKET SIZE, BY INDUSTRY,
2013-2020 (USD MILLION) 90
TABLE 50 MIDDLE EAST AND AFRICA: IMAGE RECOGNITION MARKET SIZE, BY TECHNOLOGY, 2013-2020 (USD MILLION) 91
TABLE 51 MIDDLE EAST AND AFRICA: IMAGE RECOGNITION MARKET SIZE, BY COMPONENT, 2013-2020 (USD MILLION) 91
TABLE 52 MIDDLE EAST AND AFRICA: IMAGE RECOGNITION MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION) 92
TABLE 53 MIDDLE EAST AND AFRICA: IMAGE RECOGNITION MARKET SIZE, BY DEPLOYMENT TYPE, 2013-2020 (USD MILLION) 92
TABLE 54 MIDDLE EAST AND AFRICA: IMAGE RECOGNITION MARKET SIZE, BY INDUSTRY, 2013-2020 (USD MILLION) 93
TABLE 55 LATIN AMERICA: IMAGE RECOGNITION MARKET SIZE, BY TECHNOLOGY,
2013-2020 (USD MILLION) 94
TABLE 56 LATIN AMERICA: IMAGE RECOGNITION MARKET SIZE, BY COMPONENT,
2013-2020 (USD MILLION) 94
TABLE 57 LATIN AMERICA: IMAGE RECOGNITION MARKET SIZE, BY APPLICATION,
2013-2020 (USD MILLION) 95
TABLE 58 LATIN AMERICA: IMAGE RECOGNITION MARKET SIZE, BY DEPLOYMENT TYPE, 2013-2020 (USD MILLION) 95
TABLE 59 LATIN AMERICA: IMAGE RECOGNITION MARKET SIZE, BY INDUSTRY,
2013-2020 (USD MILLION) 96
TABLE 60 NEW PRODUCT LAUNCHES, 2012-2015 100
TABLE 61 PARTNERSHIPS, 2012-2016 101
TABLE 62 ACQUISITIONS, 2012-2015 101


LIST OF FIGURES

FIGURE 1 IMAGE RECOGNITION MARKET: RESEARCH DESIGN 18
FIGURE 2 BREAKDOWN OF PRIMARY INTERVIEW: BY COMPANY TYPE, DESIGNATION,
AND REGION 20
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 21
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 22
FIGURE 5 DATA TRIANGULATION 23
FIGURE 6 IMAGE RECOGNITION MARKET SIZE, APPLICATIONS SNAPSHOT (2015-2020): MARKET FOR SECURITY AND SURVEILLANCE IS EXPECTED TO GROW AT THE FASTEST RATE 26
FIGURE 7 IMAGE RECOGNITION MARKET SIZE, INDUSTRY VERTICAL SNAPSHOT
(2015-2020): MEDIA AND ENTERTAINMENT, RETAIL AND CONSUMER GOODS INDUSTRIES EXPECTED TO DOMINATE THE MARKET 26
FIGURE 8 GLOBAL IMAGE RECOGNITION MARKET SHARE: NORTH AMERICA IS EXPECTED TO HOLD THE LARGEST MARKET SHARE IN 2015 27
FIGURE 9 GROWING USAGE OF SMARTPHONES FOR IMAGE RECOGNITION APPLICATIONS IS DRIVING THE MARKET 28
FIGURE 10 MEDIA AND ENTERTAINMENT INDUSTRY IS EXPECTED TO HAVE THE LARGEST MARKET SIZE IN 2015 28
FIGURE 11 ASIA-PACIFIC IS EXPECTED TO HAVE THE HIGHEST MARKET GROWTH POTENTIAL DURING THE FORECAST PERIOD 29
FIGURE 12 ON-PREMISES IS EXPECTED TO CONTINUE TO DOMINATE THE IMAGE RECOGNITION MARKET DURING THE FORECAST PERIOD 29
FIGURE 13 SERVICES SEGMENT IS EXPECTED TO GROW FASTER THAN HARDWARE AND SOFTWARE MARKET 30
FIGURE 14 EUROPE AND APAC IS EXPECTED TO BE IN THE INTRODUCTION PHASE IN 2015 30
FIGURE 15 IMAGE RECOGNITION MARKET SEGMENTATION: BY TECHNOLOGY 34
FIGURE 16 IMAGE RECOGNITION MARKET SEGMENTATION: BY COMPONENT 34
FIGURE 17 IMAGE RECOGNITION MARKET SEGMENTATION: BY APPLICATION 35
FIGURE 18 IMAGE RECOGNITION MARKET SEGMENTATION: BY DEPLOYMENT TYPE 35
FIGURE 19 IMAGE RECOGNITION MARKET SEGMENTATION: BY INDUSTRY 36
FIGURE 20 IMAGE RECOGNITION MARKET SEGMENTATION: BY REGION 36
FIGURE 21 IMAGE RECOGNITION MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES,
AND CHALLENGES 37
FIGURE 22 VALUE CHAIN ANALYSIS: IMAGE RECOGNITION MARKET 40
FIGURE 23 IMAGE RECOGNITION MARKET: PORTER'S FIVE FORCES ANALYSIS 42
FIGURE 24 CODE RECOGNITION IS EXPECTED TO CONTRIBUTE THE HIGHEST TO THE IMAGE RECOGNITION MARKET 46
FIGURE 25 NORTH AMERICA IS EXPECTED TO HOLD THE LARGEST MARKET SHARE OF THE IMAGE RECOGNITION MARKET. 48
FIGURE 26 NORTH AMERICA AND EUROPE ARE EXPECTED TO ADOPT PATTERN RECOGNITION TECHNOLOGY SWIFTLY DURING THE FORECAST PERIOD 50
FIGURE 27 SERVICES SEGMENT IS EXPECTED TO CONTRIBUTE THE HIGHEST TO THE IMAGE RECOGNITION MARKET 53
FIGURE 28 HARDWARE MARKET TO GROW SIGNIFICANTLY IN NORTH AMERICA DURING THE FORECAST PERIOD 54
FIGURE 29 SOFTWARE SEGMENT IS EXPECTED TO GROW WITH THE HIGHEST RATE IN ASIA-PACIFIC DURING THE FORECAST PERIOD 55
FIGURE 30 SERVICES MARKET EXPECTED TO GROW SIGNIFICANTLY IN ASIA-PACIFIC DURING THE FORECAST PERIOD 56
FIGURE 31 SECURITY and SURVEILLANCE IS EXPECTED TO GROW AT THE HIGHEST GROWTH RATE DURING THE FORECAST PERIOD 60
FIGURE 32 ASIA PACIFIC IS EXPECTED TO GROW AT THE HIGHEST CAGR FOR SECURITY AND SURVEILLANCE APPLICATION 62
FIGURE 33 NORTH AMERICA TO ADOPT IMAGE RECOGNITION SOLUTIONS FOR AUGMENTED REALITY APPLICATION 63
FIGURE 34 ON-PREMISES IS EXPECTED TO CONTRIBUTE THE HIGHEST TO THE IMAGE RECOGNITION MARKET IN 2015 66
FIGURE 35 ON-PREMISES DEPLOYMENT TYPE WILL GROW SUBSTANTIALLY IN ASIA-PACIFIC 67
FIGURE 36 NORTH AMERICA IS EXPECTED TO DOMINATE THE CLOUD DEPLOYMENT MARKET DURING THE FORECAST PERIOD 68
FIGURE 37 MEDIA AND ENTERTAINMENT INDUSTRY IS GROWING AT THE HIGHEST RATE AMONG INDUSTRIES IN THE IMAGE RECOGNITION MARKET 70
FIGURE 38 ASIA PACIFIC REGION FOR RETAIL AND CONSUMER GOODS MARKET IS EXPECTED TO GROW AT THE HIGEST CAGR DURING THE FORECAST PERIOD 72
FIGURE 39 GOVERNMENT SECTOR ADOPTS IMAGE RECOGNITION SOLUTIONS CONSIDERABLY IN ASIA-PACIFIC 74
FIGURE 40 TRANSPORTATION AND LOGISTICS INDUSTRY ADOPTS IMAGE RECOGNITION SOLUTIONS CONSIDERABLY IN EUROPE 76
FIGURE 41 GEOGRAPHIC ANALYSIS OF REGIONS 79
FIGURE 42 NORTH AMERICA MARKET SNAPSHOT: ON-PREMISES DEPLOYMENT TO CONTRIBUTE MAXIMUM TO THE MARKET 81
FIGURE 43 ASIA-PACIFIC MARKET SNAPSHOT: HEALTHCARE INDUSTRY EXPECTED TO GAIN POPULARITY AMONG THE USERS 88
FIGURE 44 COMPANIES ADOPTED NEW PRODUCT LAUNCHES AS THE KEY GROWTH STRATEGY OVER THE LAST 3 YEARS 97
FIGURE 45 MARKET EVALUATION FRAMEWORK 98
FIGURE 46 BATTLE FOR MARKET SHARE: NEW PRODUCT LAUNCHES AND PARTNERSHIPS WERE THE KEY STRATEGIES 99
FIGURE 47 GEOGRAPHIC REVENUE MIX OF TOP FOUR MARKET PLAYERS 102
FIGURE 48 QUALCOMM TECHNOLOGIES, INC.: COMPANY SNAPSHOT 103
FIGURE 49 QUALCOMM TECHNOLOGIES: SWOT ANALYSIS 105
FIGURE 50 NEC CORPORATION: COMPANY SNAPSHOT 106
FIGURE 51 NEC CORPORATION:SWOT ANALYSIS 108
FIGURE 52 GOOGLE, INC.: COMPANY SNAPSHOT 109
FIGURE 53 GOOGLE: SWOT ANALYSIS 111
FIGURE 54 LTU TECHNOLOGIES:SWOT ANALYSIS 113
FIGURE 55 CATCHOOM TECHNOLOGIES, S.L.:SWOT ANALYSIS 115
FIGURE 56 HONEYWELL INTERNATIONAL, INC.: COMPANY SNAPSHOT 116
FIGURE 57 HITACHI, LTD: COMPANY SNAPSHOT 118

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