IMAGE RECOGNITION MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)

Image Recognition Market, By Deployment (On-Premise and Cloud), By End User (BFSI, Media and Entertainment, Retail and E-commerce, IT and Telecom, Government, Healthcare, Transportation and Logistics, and Others), By Component (Software, Hardware, Implementation, Services, Consulting and Training, and Maintenance and Support), By Technology (Security and Surveillance, Scanning and Imaging, Augmented Reality, Image Search, and Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

In November 2024, Oracle, a leader in computing technology, introduced cloud-based image recognition services for enterprise clients, facilitating large-scale data analysis and management
In March 2024, Baidu, a China based tech-giant, introduced advanced image recognition features in its search engine, enhancing visual search functionalities for users
In January 2024, Alibaba, a China-based conglomerate, launched an AI-powered image recognition system for its e-commerce platforms, improving product search accuracy and customer experience
In December 2023, Samsung, a leader in consumer electronics and technology, unveiled smartphones with enhanced image recognition capabilities, allowing users to search and shop directly from captured images
In August 2023, NVIDIA, a leader in artificial intelligence and computing, released a suite of tools for developers to build and deploy image recognition models efficiently, supporting AI research and development
In October 2023, Adobe, a leader in digital solutions, integrated AI-powered image recognition features into Photoshop, enabling automatic object selection and background removal