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AI Image Recognition - Global Strategic Business Report

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    Report

  • 182 Pages
  • March 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5029937

Global AI Image Recognition Market to Reach $8.8 Billion by 2030

The global market for AI Image Recognition estimated at US$2 Billion in the year 2022, is projected to reach a revised size of US$8.8 Billion by 2030, growing at a CAGR of 20.2% over the analysis period 2022-2030. Software, one of the segments analyzed in the report, is projected to record 21.1% CAGR and reach US$4.2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Hardware segment is readjusted to a revised 20.3% CAGR for the next 8-year period.

The U.S. Market is Estimated at $588.9 Million, While China is Forecast to Grow at 19.2% CAGR

The AI Image Recognition market in the U.S. is estimated at US$588.9 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.5 Billion by the year 2030 trailing a CAGR of 19.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 18.3% and 17% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 13.6% CAGR.

Select Competitors (Total 14 Featured) -

  • Amazon Web Services, Inc.
  • Clarifai, Inc.
  • Google LLC
  • IBM Corporation
  • Intel Corporation
  • Micron Technology, Inc.
  • Microsoft Corporation
  • NVIDIA Corporation
  • Qualcomm Technologies, Inc.
  • Samsung Electronics Co., Ltd.
  • Xilinx Inc.

What's New?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • AI Image Recognition - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Automotive by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 2: World 8-Year Perspective for Automotive by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
  • Table 3: World Recent Past, Current & Future Analysis for BFSI by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 4: World 8-Year Perspective for BFSI by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
  • Table 5: World Recent Past, Current & Future Analysis for Retail by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 6: World 8-Year Perspective for Retail by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
  • Table 7: World Recent Past, Current & Future Analysis for Security by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 8: World 8-Year Perspective for Security by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
  • Table 9: World Recent Past, Current & Future Analysis for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 10: World 8-Year Perspective for Other End-Uses by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
  • Table 11: World AI Image Recognition Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
  • Table 12: World Recent Past, Current & Future Analysis for AI Image Recognition by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 13: World 8-Year Perspective for AI Image Recognition by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2023 & 2030
  • Table 14: World Recent Past, Current & Future Analysis for Software by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 15: World 8-Year Perspective for Software by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
  • Table 16: World Recent Past, Current & Future Analysis for Hardware by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 17: World 8-Year Perspective for Hardware by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
  • Table 18: World Recent Past, Current & Future Analysis for Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 19: World 8-Year Perspective for Services by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • AI Image Recognition Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
  • Table 20: USA Recent Past, Current & Future Analysis for AI Image Recognition by End-Use - BFSI, Automotive, Retail, Security and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 21: USA 8-Year Perspective for AI Image Recognition by End-Use - Percentage Breakdown of Value Sales for BFSI, Automotive, Retail, Security and Other End-Uses for the Years 2023 & 2030
  • Table 22: USA Recent Past, Current & Future Analysis for AI Image Recognition by Component - Software, Hardware and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 23: USA 8-Year Perspective for AI Image Recognition by Component - Percentage Breakdown of Value Sales for Software, Hardware and Services for the Years 2023 & 2030
CANADA
  • Table 24: Canada Recent Past, Current & Future Analysis for AI Image Recognition by End-Use - BFSI, Automotive, Retail, Security and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 25: Canada 8-Year Perspective for AI Image Recognition by End-Use - Percentage Breakdown of Value Sales for BFSI, Automotive, Retail, Security and Other End-Uses for the Years 2023 & 2030
  • Table 26: Canada Recent Past, Current & Future Analysis for AI Image Recognition by Component - Software, Hardware and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 27: Canada 8-Year Perspective for AI Image Recognition by Component - Percentage Breakdown of Value Sales for Software, Hardware and Services for the Years 2023 & 2030
JAPAN
  • AI Image Recognition Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
  • Table 28: Japan Recent Past, Current & Future Analysis for AI Image Recognition by End-Use - BFSI, Automotive, Retail, Security and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 29: Japan 8-Year Perspective for AI Image Recognition by End-Use - Percentage Breakdown of Value Sales for BFSI, Automotive, Retail, Security and Other End-Uses for the Years 2023 & 2030
  • Table 30: Japan Recent Past, Current & Future Analysis for AI Image Recognition by Component - Software, Hardware and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 31: Japan 8-Year Perspective for AI Image Recognition by Component - Percentage Breakdown of Value Sales for Software, Hardware and Services for the Years 2023 & 2030
CHINA
  • AI Image Recognition Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
  • Table 32: China Recent Past, Current & Future Analysis for AI Image Recognition by End-Use - BFSI, Automotive, Retail, Security and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 33: China 8-Year Perspective for AI Image Recognition by End-Use - Percentage Breakdown of Value Sales for BFSI, Automotive, Retail, Security and Other End-Uses for the Years 2023 & 2030
  • Table 34: China Recent Past, Current & Future Analysis for AI Image Recognition by Component - Software, Hardware and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 35: China 8-Year Perspective for AI Image Recognition by Component - Percentage Breakdown of Value Sales for Software, Hardware and Services for the Years 2023 & 2030
EUROPE
  • AI Image Recognition Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
  • Table 36: Europe Recent Past, Current & Future Analysis for AI Image Recognition by End-Use - BFSI, Automotive, Retail, Security and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 37: Europe 8-Year Perspective for AI Image Recognition by End-Use - Percentage Breakdown of Value Sales for BFSI, Automotive, Retail, Security and Other End-Uses for the Years 2023 & 2030
  • Table 38: Europe Recent Past, Current & Future Analysis for AI Image Recognition by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 39: Europe 8-Year Perspective for AI Image Recognition by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2023 & 2030
  • Table 40: Europe Recent Past, Current & Future Analysis for AI Image Recognition by Component - Software, Hardware and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 41: Europe 8-Year Perspective for AI Image Recognition by Component - Percentage Breakdown of Value Sales for Software, Hardware and Services for the Years 2023 & 2030
FRANCE
  • AI Image Recognition Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
  • Table 42: France Recent Past, Current & Future Analysis for AI Image Recognition by End-Use - BFSI, Automotive, Retail, Security and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 43: France 8-Year Perspective for AI Image Recognition by End-Use - Percentage Breakdown of Value Sales for BFSI, Automotive, Retail, Security and Other End-Uses for the Years 2023 & 2030
  • Table 44: France Recent Past, Current & Future Analysis for AI Image Recognition by Component - Software, Hardware and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 45: France 8-Year Perspective for AI Image Recognition by Component - Percentage Breakdown of Value Sales for Software, Hardware and Services for the Years 2023 & 2030
GERMANY
  • AI Image Recognition Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
  • Table 46: Germany Recent Past, Current & Future Analysis for AI Image Recognition by End-Use - BFSI, Automotive, Retail, Security and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 47: Germany 8-Year Perspective for AI Image Recognition by End-Use - Percentage Breakdown of Value Sales for BFSI, Automotive, Retail, Security and Other End-Uses for the Years 2023 & 2030
  • Table 48: Germany Recent Past, Current & Future Analysis for AI Image Recognition by Component - Software, Hardware and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 49: Germany 8-Year Perspective for AI Image Recognition by Component - Percentage Breakdown of Value Sales for Software, Hardware and Services for the Years 2023 & 2030
ITALY
  • Table 50: Italy Recent Past, Current & Future Analysis for AI Image Recognition by End-Use - BFSI, Automotive, Retail, Security and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 51: Italy 8-Year Perspective for AI Image Recognition by End-Use - Percentage Breakdown of Value Sales for BFSI, Automotive, Retail, Security and Other End-Uses for the Years 2023 & 2030
  • Table 52: Italy Recent Past, Current & Future Analysis for AI Image Recognition by Component - Software, Hardware and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 53: Italy 8-Year Perspective for AI Image Recognition by Component - Percentage Breakdown of Value Sales for Software, Hardware and Services for the Years 2023 & 2030
UNITED KINGDOM
  • AI Image Recognition Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
  • Table 54: UK Recent Past, Current & Future Analysis for AI Image Recognition by End-Use - BFSI, Automotive, Retail, Security and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 55: UK 8-Year Perspective for AI Image Recognition by End-Use - Percentage Breakdown of Value Sales for BFSI, Automotive, Retail, Security and Other End-Uses for the Years 2023 & 2030
  • Table 56: UK Recent Past, Current & Future Analysis for AI Image Recognition by Component - Software, Hardware and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 57: UK 8-Year Perspective for AI Image Recognition by Component - Percentage Breakdown of Value Sales for Software, Hardware and Services for the Years 2023 & 2030
REST OF EUROPE
  • Table 58: Rest of Europe Recent Past, Current & Future Analysis for AI Image Recognition by End-Use - BFSI, Automotive, Retail, Security and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 59: Rest of Europe 8-Year Perspective for AI Image Recognition by End-Use - Percentage Breakdown of Value Sales for BFSI, Automotive, Retail, Security and Other End-Uses for the Years 2023 & 2030
  • Table 60: Rest of Europe Recent Past, Current & Future Analysis for AI Image Recognition by Component - Software, Hardware and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 61: Rest of Europe 8-Year Perspective for AI Image Recognition by Component - Percentage Breakdown of Value Sales for Software, Hardware and Services for the Years 2023 & 2030
ASIA-PACIFIC
  • AI Image Recognition Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
  • Table 62: Asia-Pacific Recent Past, Current & Future Analysis for AI Image Recognition by End-Use - BFSI, Automotive, Retail, Security and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 63: Asia-Pacific 8-Year Perspective for AI Image Recognition by End-Use - Percentage Breakdown of Value Sales for BFSI, Automotive, Retail, Security and Other End-Uses for the Years 2023 & 2030
  • Table 64: Asia-Pacific Recent Past, Current & Future Analysis for AI Image Recognition by Component - Software, Hardware and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 65: Asia-Pacific 8-Year Perspective for AI Image Recognition by Component - Percentage Breakdown of Value Sales for Software, Hardware and Services for the Years 2023 & 2030
REST OF WORLD
  • Table 66: Rest of World Recent Past, Current & Future Analysis for AI Image Recognition by End-Use - BFSI, Automotive, Retail, Security and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 67: Rest of World 8-Year Perspective for AI Image Recognition by End-Use - Percentage Breakdown of Value Sales for BFSI, Automotive, Retail, Security and Other End-Uses for the Years 2023 & 2030
  • Table 68: Rest of World Recent Past, Current & Future Analysis for AI Image Recognition by Component - Software, Hardware and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 69: Rest of World 8-Year Perspective for AI Image Recognition by Component - Percentage Breakdown of Value Sales for Software, Hardware and Services for the Years 2023 & 2030
IV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Amazon Web Services, Inc.
  • Clarifai, Inc.
  • Google LLC
  • IBM Corporation
  • Intel Corporation
  • Micron Technology, Inc.
  • Microsoft Corporation
  • NVIDIA Corporation
  • Qualcomm Technologies, Inc.
  • Samsung Electronics Co., Ltd.
  • Xilinx Inc.

Table Information