EUROPE IMAGE RECOGNITION MARKET FORECAST 2019-2027

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EUROPE IMAGE RECOGNITION MARKET FORECAST 2019-2027

The Europe image recognition market is estimated to undergo substantial growth, recording a CAGR of 20.22% during the forecasted period of 2019-2027. The increasing technological advancements in the automobile object and obstacle recognition technologies are the factors estimated to influence market growth. There have been an increasing adoption and implementation of face biometrics technology in the security, government, and non-government sectors in the European region. The markets of the regions such as, the United Kingdom, Germany, Italy, Spain, France, Russia, and the Rest of Europe, are assessed for the overall evaluation of the European image recognition market.

EUROPE IMAGE RECOGNITION MARKET FORECAST 2019-2027

Europe Image Recognition Market by Deployment (On-Premise, Cloud) by Component (Hardware, Software, Services) by Technology (Object Detection, QR/Barcode Recognition, Facial Recognition, Pattern Recognition, Opical Character Recognition) by Application (Scanning and Imaging, Security and Surveillance, Image Search, Augmented Reality, Marketing and Advertising) by End User (IT and Telecom, BFSI, Healthcare, Retail, Government, Media and Entertainment, Transportation and Logistics, Manufacturing, Others) & by Geography

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The Europe image recognition market is estimated to undergo substantial growth, recording a CAGR of 20.22% during the forecasted period of 2019-2027. The increasing technological advancements in the automobile object and obstacle recognition technologies are the factors estimated to influence market growth.

There have been an increasing adoption and implementation of face biometrics technology in the security, government, and non-government sectors in the European region. The markets of the regions such as, the United Kingdom, Germany, Italy, Spain, France, Russia, and the Rest of Europe, are assessed for the overall evaluation of the market. The factors like increasing demands for facial recognition techniques, advancements in artificial intelligence and machine learning, favorable government regulations, and the changing consumer outlook, are estimated to result in the considerable market growth in these regions. in order to sustain themselves in the competition against the Asian and American tech giants, around twenty-five countries signed a deal in order to implement a European approach towards the domain of artificial intelligence. One of the major factors influencing the rising demands for facial recognition is the increasing security concerns with regard to various industries. The government regulations, in terms of the increasing use and implementation of technology in security matters and genera operations, are estimated to drive the image recognition market growth.

The strategic initiatives by various companies in the market are influencing the market growth and profiting from the companies. Catchoom is a developer of visual recognition solutions, and the company’s technology domain consists of Augmented Reality, Artificial Intelligence, and Image recognition. The company collaborates with retailers and global agencies such as Havas Media, Privalia, Shazam, etc. It was established in 2011, and has its headquarters in Spain.

 

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  1. RESEARCH SCOPE
    • STUDY GOALS
    • SCOPE OF THE MARKET STUDY
    • WHO WILL FIND THIS REPORT USEFUL?
    • STUDY AND FORECASTING YEARS
  2. RESEARCH METHODOLOGY
    • SOURCES OF DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • TOP-DOWN APPROACH
    • BOTTOM-UP APPROACH
    • DATA TRIANGULATION
  3. EXECUTIVE SUMMARY
    • MARKET SUMMARY
    • KEY FINDINGS
      • RISING DEMAND FOR FACIAL RECOGNITION AMONG END USERS
      • HIGH ADOPTION OF AUGMENTED REALITY
  1. MARKET DYNAMICS
    • MARKET SCOPE & DEFINITION
    • MARKET DRIVERS
      • GROWING DEMAND OF IMAGE RECOGNITION IN END-USER VERTICALS
      • TECHNOLOGICAL ADVANCEMENTS IN FACIAL RECOGNITION
      • SUPPORTIVE REGULATIONS AIDS TO MARKET GROWTH
    • MARKET RESTRAINTS
      • LACK OF TECHNICAL PROFICIENCY
      • HIGH COSTS LEVIED ON IMAGE RECOGNITION TECHNOLOGY
      • ESCALATING ISSUES IN DATA PROCESSING AND STORAGE
    • MARKET OPPORTUNITIES
      • GROWING ADOPTION OF IMAGE RECOGNITION IN BFSI SECTOR
      • RISING USAGE OF AI IN IMAGE RECOGNITION
    • MARKET CHALLENGES
      • CONCERNS OVER IMAGE QUALITY
  1. MARKET BY DEPLOYMENT
    • ON-PREMISE
    • CLOUD
  2. MARKET BY COMPONENT
    • HARDWARE
    • SOFTWARE
    • SERVICES
  3. MARKET BY TECHNOLOGY
    • OBJECT DETECTION
    • QR/BARCODE RECOGNITION
    • FACIAL RECOGNITION
    • PATTERN RECOGNITION
    • OPTICAL CHARACTER RECOGNITION
  4. MARKET BY APPLICATION
    • SCANNING & IMAGING
    • SECURITY & SURVEILLANCE
    • IMAGE SEARCH
    • AUGMENTED REALITY
    • MARKETING & ADVERTISING
  5. MARKET BY END USER
    • IT & TELECOM
    • BFSI
    • HEALTHCARE
    • RETAIL
    • GOVERNMENT
    • MEDIA & ENTERTAINMENT
    • TRANSPORTATION & LOGISTICS
    • MANUFACTURING
    • OTHERS
  6. KEY ANALYTICS
    • PORTERS FIVE FORCE MODEL
      • THREAT OF NEW ENTRANTS
      • THREAT OF SUBSTITUTE
      • BARGAINING POWER OF SUPPLIERS
      • BARGAINING POWER OF BUYERS
      • THREAT OF COMPETITIVE RIVALRY
    • KEY BUYING CRITERIA
      • COST
      • COMPANY BACKGROUND & EXPERIENCE
      • EASE OF USE
    • OPPORTUNITY MATRIX
    • VENDOR LANDSCAPE
  7. GEOGRAPHICAL ANALYSIS
    • EUROPE
      • UNITED KINGDOM
      • GERMANY
      • FRANCE
      • SPAIN
      • ITALY
      • RUSSIA
      • REST OF EUROPE
  1. COMPANY PROFILES
    • ATTRASOFT INC.
    • CATCHOOM TECHNOLOGIES S.L.
    • GOOGLE LLC.
    • HITACHI LTD.
    • HONEYWELL INTERNATIONAL INC.
    • LTU TECHNOLOGIES
    • NEC CORPORATION
    • QUALCOMM TECHNOLOGIES, INC.
    • AMAZON WEB SERVICES INC.
    • INTERNATIONAL BUSINESS MACHINE CORPORATION (IBM)
    • SLYCE INC.
    • IMAGGA TECHNOLOGIES LTD.
    • INTEL CORPORATION

TABLE LIST

TABLE 1: EUROPE IMAGE RECOGNITION MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

TABLE 2: EUROPE IMAGE RECOGNITION MARKET, BY DEPLOYMENT, 2019-2027, (IN $ MILLION)

TABLE 3: EUROPE IMAGE RECOGNITION MARKET, BY COMPONENT, 2019-2027 (IN $ MILLION)

TABLE 4: EUROPE IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2019-2027 (IN $ MILLION)

TABLE 5: EUROPE IMAGE RECOGNITION MARKET, BY APPLICATION, 2019-2027 (IN $ MILLION)

TABLE 6: EUROPE IMAGE RECOGNITION MARKET, BY END USER, 2019-2027 (IN $ MILLION)

TABLE 7: OPPORTUNITY MATRIX

TABLE 8: VENDOR LANDSCAPE

TABLE 9: EUROPE IMAGE RECOGNITION MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

FIGURE LIST 

FIGURE 1: EUROPE IMAGE RECOGNITION MARKET, BY DEPLOYMENT, 2018 & 2027 (IN %)

FIGURE 2: EUROPE IMAGE RECOGNITION MARKET, BY ON-PREMISE, 2019-2027 (IN $ MILLION)

FIGURE 3: EUROPE IMAGE RECOGNITION MARKET, BY CLOUD, 2019-2027 (IN $ MILLION)

FIGURE 4: EUROPE IMAGE RECOGNITION MARKET, BY HARDWARE, 2019-2027 (IN $ MILLION)

FIGURE 5: EUROPE IMAGE RECOGNITION MARKET, BY SOFTWARE, 2019-2027 (IN $ MILLION)

FIGURE 6: EUROPE IMAGE RECOGNITION MARKET, BY SERVICES, 2019-2027 (IN $ MILLION)

FIGURE 7: EUROPE IMAGE RECOGNITION MARKET, BY OBJECT DETECTION, 2019-2027 (IN $ MILLION)

FIGURE 8: EUROPE IMAGE RECOGNITION MARKET, BY QR/BARCODE RECOGNITION, 2019-2027 (IN $ MILLION)

FIGURE 9: EUROPE IMAGE RECOGNITION MARKET, BY FACIAL RECOGNITION, 2019-2027 (IN $ MILLION)

FIGURE 10: EUROPE IMAGE RECOGNITION MARKET, BY PATTERN RECOGNITION, 2019-2027 (IN $ MILLION)

FIGURE 11: EUROPE IMAGE RECOGNITION MARKET, BY OPTICAL CHARACTER RECOGNITION, 2019-2027 (IN $ MILLION)

FIGURE 12: EUROPE IMAGE RECOGNITION MARKET, BY SCANNING & IMAGING, 2019-2027 (IN $ MILLION)

FIGURE 13: EUROPE IMAGE RECOGNITION MARKET, BY SECURITY & SURVEILLANCE, 2019-2027 (IN $ MILLION)

FIGURE 14: EUROPE IMAGE RECOGNITION MARKET, BY IMAGE SEARCH, 2019-2027 (IN $ MILLION)

FIGURE 15: EUROPE IMAGE RECOGNITION MARKET, BY AUGMENTED REALITY, 2019-2027 (IN $ MILLION)

FIGURE 16: EUROPE IMAGE RECOGNITION MARKET, BY MARKETING & ADVERTISING, 2019-2027 (IN $ MILLION)

FIGURE 17: EUROPE IMAGE RECOGNITION MARKET, BY IT & TELECOM, 2019-2027 (IN $ MILLION)

FIGURE 18: EUROPE IMAGE RECOGNITION MARKET, BY BFSI, 2019-2027 (IN $ MILLION)

FIGURE 19: EUROPE IMAGE RECOGNITION MARKET, BY HEALTHCARE, 2019-2027 (IN $ MILLION)

FIGURE 20: EUROPE IMAGE RECOGNITION MARKET, BY RETAIL, 2019-2027 (IN $ MILLION)

FIGURE 21: EUROPE IMAGE RECOGNITION MARKET, BY GOVERNMENT, 2019-2027 (IN $ MILLION)

FIGURE 22: EUROPE IMAGE RECOGNITION MARKET, BY MEDIA & ENTERTAINMENT, 2019-2027 (IN $ MILLION)

FIGURE 23: EUROPE IMAGE RECOGNITION MARKET, BY TRANSPORTATION & LOGISTICS, 2019-2027 (IN $ MILLION)

FIGURE 24: EUROPE IMAGE RECOGNITION MARKET, BY MANUFACTURING, 2019-2027 (IN $ MILLION)

FIGURE 25: EUROPE IMAGE RECOGNITION MARKET, BY OTHERS, 2019-2027 (IN $ MILLION)

FIGURE 26: PORTER’S FIVE FORCE ANALYSIS

FIGURE 27: KEY BUYING IMPACT ANALYSIS

FIGURE 28: EUROPE IMAGE RECOGNITION MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)

FIGURE 29: UNITED KINGDOM IMAGE RECOGNITION MARKET, 2019-2027 (IN $ MILLION)

FIGURE 30: GERMANY IMAGE RECOGNITION MARKET, 2019-2027 (IN $ MILLION)

FIGURE 31: FRANCE IMAGE RECOGNITION MARKET, 2019-2027 (IN $ MILLION)

FIGURE 32: SPAIN IMAGE RECOGNITION MARKET, 2019-2027 (IN $ MILLION)

FIGURE 33: ITALY IMAGE RECOGNITION MARKET, 2019-2027 (IN $ MILLION)

FIGURE 34: RUSSIA IMAGE RECOGNITION MARKET, 2019-2027 (IN $ MILLION)

FIGURE 35: REST OF EUROPE IMAGE RECOGNITION MARKET, 2019-2027 (IN $ MILLION)

  1. GEOGRAPHICAL ANALYSIS
    • EUROPE
      • UNITED KINGDOM
      • GERMANY
      • FRANCE
      • SPAIN
      • ITALY
      • RUSSIA
      • REST OF EUROPE
  1. MARKET BY DEPLOYMENT
    • ON-PREMISE
    • CLOUD
  2. MARKET BY COMPONENT
    • HARDWARE
    • SOFTWARE
    • SERVICES
  3. MARKET BY TECHNOLOGY
    • OBJECT DETECTION
    • QR/BARCODE RECOGNITION
    • FACIAL RECOGNITION
    • PATTERN RECOGNITION
    • OPTICAL CHARACTER RECOGNITION
  4. MARKET BY APPLICATION
    • SCANNING & IMAGING
    • SECURITY & SURVEILLANCE
    • IMAGE SEARCH
    • AUGMENTED REALITY
    • MARKETING & ADVERTISING
  5. MARKET BY END USER
    • IT & TELECOM
    • BFSI
    • HEALTHCARE
    • RETAIL
    • GOVERNMENT
    • MEDIA & ENTERTAINMENT
    • TRANSPORTATION & LOGISTICS
    • MANUFACTURING
    • OTHERS

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