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Global AI Image Recognition Market COVID-19 Impact Analysis, Future Growth By Top Key Players Forecast To 2027

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AI Image Recognition is a process of identifying and detecting an item or feature in a digital picture or video. The sector of image recognition has been widely acclaimed in recent years.

Global AI Image Recognition Market is expected to reach US $ 5161.04 Mn by 2027, at a CAGR of 24.82% during the forecast period.

Global AI Image Recognition Market Overview: 

The Global AI Image Recognition market research discusses the market's present and historical growth patterns, as well as the market's current status, CAGR, market size, forecast and revenue share, and pricing trends. The study analyses industry-specific problems, profitable opportunities, and technological advancement that can assist important participants in increasing revenue and growth. The current and future trends, which are driving the industry's development are covered in market research AI Image Recognition. The research digs into the competitive landscape's reality as well as the industry's future technical and financial specifics.

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Market Scope:

With the assistance of the analyst, a market research test on the global AI Image Recognition organisation has been honestly issued. The impact of COVID-19 on the global AI Image Recognition market was examined from both a global and local perspective in this study. The article focuses on market assessment under COVID-19 and related reaction ideas in several places, including North America, Europe, China, and Japan, from production to consumption.

The research also includes company profiles, product photos and specifications, capacity, manufacturing, price, cost, revenue, and contact information for the global key main organisation in the Global AI Image Recognition Market. Raw equipment and materials are analysed stream, while downstream consumption is studied. Global AI Image Recognition Market research provides crucial data on the institution's nation of operation and acts as a significant source of guidance for groups and individuals interested in the market, replete with figures and tables to aid evaluation.

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Key Players:

• IBM Corporation
• Imagga Technologies Ltd
• Amazon Web Services, Inc
• Qualcomm
• Google LLC
• Microsoft Corporation
• Trax Technology Solutions Pte Ltd
• NEC Corporation
• LTUTech
• Ricoh Company, Ltd
• Catchoom Technologies S.L
• Intel Corporation
• Honeywell International Inc
• Hitachi, Ltd
• Intelligence Retail
• Slyce Acquisition Inc
• Blippar Ltd
• Wikitude GmbH
• Attrasoft, Inc

COVID-19 Impact Analysis on AI Image Recognition Market:

The most current COVID-19 epidemic began in December 2019 in Wuhan, China, and quickly expanded all through the industry. China, Italy, Iran, Spain, South Korea, France, Germany, and the United States had the largest number of gigantic and recorded deaths as of March 2020. The COVID-19 pandemic has had an economic and business impact in various nations due to lockdowns, travel bans, and business failure. The company is now one of the major companies to face huge interruptions as a consequence of the AI Image Recognitionpandemic, involving supply chain difficulties, postponement of epoch events, and closure of civic centres. China is a global market because of its fabric presence and greatest supplier. COVID-19's total market impact caused by capacity closures and supply chain interruptions.

Regional Analysis:

North America (US, Canada, Mexico) Europe (Germany, France, Spain, Italy, Rest of Europe), Asia Pacific (China, India, Japan, Australia, and Korea, ASEAN countries, rest of APAC), South America( Brazil, the Middle East, and Africa) are all included in this search.

Key Questions answered in the AI Image Recognition Market Report are:

  • In the AI Image Recognition market, which region shows has the biggest market share?
  • What is the current competitive scenario in the market AI Image Recognition?
  • What are the primary elements driving the AI Image Recognition market's growth?
  • In the AI Image Recognition market, which region has the most market share?
  • What is the AI Image Recognition market's CAGR during the forecast period?
  • In the AI Image Recognition market, which segment dominated has established itself as the main segment?
  • Who are the AI Image Recognition market's major players?

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