North America AI image recognition market is expected to grow by 25.7% annually in the forecast period and reach $3,169.6 million by 2026 driven by the rising adoption of AI-enabled image recognition technology amid the COVID-19 pandemic.
Highlighted with 23 tables and 38 figures, this 96-page report “North America Artificial Intelligence (AI) Image Recognition Market 2020-2026 by Offering, Function, Industry Vertical, and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire North America AI image recognition market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2015-2019 and provides forecast from 2020 till 2026 with 2019 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of North America market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify North America AI image recognition market in every aspect of the classification from perspectives of Offering, Function, Industry Vertical, and Country.
Based on Offering, the North America market is segmented into the following sub-markets with annual revenue for 2015-2026 included in each section.
• Hardware
• Software
• Service
Based on Function, the North America market is segmented into the following sub-markets with annual revenue for 2015-2026 included in each section.
Biometrics Recognition
• Facial Recognition
• Hand and Fingerprint Scan
• Eyes Recognition
• Other Biometrics
Object Identification
Based on Industry Vertical, the North America market is segmented into the following sub-markets with annual revenue for 2015-2026 included in each section.
• Automotive
• BFSI
• Healthcare
• Security
• Retail
• Other Industry Verticals
Geographically, the following national/local markets are fully investigated:
• U.S.
• Canada
• Mexico
For each aforementioned region and country, detailed analysis and data for annual revenue are available for 2015-2026. The breakdown of key national markets by Offering, Function, and Industry Vertical over the forecast years are also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Specifically, potential risks associated with investing in North America AI image recognition market are assayed quantitatively and qualitatively through GMD’s Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders identify emerging opportunities, manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.
Key Players (this may not be a complete list and extra companies can be added upon request):
Aether, Inc.
Amazon Web Services, Inc.
Clarifai, Inc.
Cortica
Google LLC
IBM Corporation
Intel Corporation
LPixel, Inc.
Micron Technology, Inc.
Microsoft Corporation
Nvidia Corporation
Pixelab
Qualcomm Corp.
Softech, Ltd.
Vee Technologies, Inc.
Webtunix
Xilinx Inc.
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
