|By Business Wire||
|April 2, 2014 10:22 AM EDT||
Research and Markets (http://www.researchandmarkets.com/research/9zg7ds/image_recognition) has announced the addition of the "Image Recognition Market by Method & Application - Worldwide Market Forecast (2014-2019)" report to their offering.
Image recognition is being applied in almost every field in today's world. It is just in the introduction phase of various industry applications. The technologies in which image recognition is being used include Augmented Reality (AR), visual search, virtual reality, big data, and mobile applications. Major companies providing image recognition solutions and services are Hitachi, Amazon, Honeywell, iTraff Technologies, LTU Technologies, NEC, Panasonic, Qualcomm Inc., and Toshiba.
Image recognition technology is integrated into the desktops and smartphone applications and is utilized for significant functions such as enterprise content management, big data, m-commerce, and framing other Augmented Reality (AR) platforms while building mobile applications for smart devices supported by operating systems such as Android, iOS, and Windows Mobile. Services like m-commerce would enable end users in the image recognition market to make mobile payments and to shop and retail online through a high quality visual environment. Large enterprises utilize image recognition solutions for enumeration and desired sorting of their documents.
There are various factors responsible for the increasing use of image recognition technology, including increasing number of smartphones and usage in AR. Many people have shifted from traditional phones to smartphones these days. Also, the advancement in technology makes it possible to deploy image recognition in various verticals. The healthcare industry, transportation and logistics, and retail and consumer goods, along with the defense and government sector, deploy this technology on a large scale.
North America is expected to have the largest share in the global market, followed by Europe. These regions are technologically advanced hence have the highest implementation of image recognition solutions. Due to the growing need of image recognition technology, one can expect an increasing trend in the adoption of image recognition solutions in the emerging BRIC countries as well.
Key Topics Covered:
- Executive Summary
- Market Overview
- Image Recognition: Market Size And Forecast By Types
- Image Recognition: Market Size And Forecast By Components
- Image Recognition: Market Size And Forecast By Deployment
- Image Recognition: Market Size And Forecast By Verticals
- Image Recognition: Market Size And Forecast By Applications
- Image Recognition: Market Size And Forecast By Regions
- Image Recognition: Market Landscape
- Company Profiles
- Hitachi Ltd.
- Itraff Technology
- Ltu Technologies
- Nec Corporation
- Panasonic Corporation
- Qualcomm Technologies
- Wikitude Gmbh
For more information visit http://www.researchandmarkets.com/research/9zg7ds/image_recognition