Image Recognition Market is expected to boost the growth of the market over the forecast period.

The “object recognition” segment dominated the market in 2016 and it is anticipated to lead the market during the forthcoming period due to high acceptance of image recognition devices in the retail segment as it supports detection of an item without using barcodes. It also permits marketers to increase insights to help them and connect with their customers by tracing objects from photos shared by customers on social media.

Browse Full Report with TOC  - https://www.millioninsights.com/industry-reports/image-recognition-market

Image Recognition Market may be explored by application as Augmented Reality, Scanning & Imaging, Image Search, Marketing & Advertising Security, and Surveillance. The “Marketing & advertising” segment dominated the Image Recognition Market in 2016 and anticipated to lead the market during the forthcoming period.

Image Recognition Market may be explored by components as Software, Service, and Hardware. The “software” segment dominated the “components” section in the Image Recognition Market in 2016 and expected to lead the market during the forthcoming period. This development is characterized by the growing use of devices enabled with image recognition capabilities such as scanners and smartphones.

The market may be explored by deployment mode as On-Premise, and Cloud. Also, the market explored by Vertical as Media & Entertainment, Automobile & Transportation, BFSI, Healthcare, Retail & E-commerce, Telecom & IT, Government, and Others. The media and entertainment segment dominated Image Recognition Market in 2016 and expected to continue with the same during the forthcoming period; which could be ascribed to the ability of image recognition technology in removing commercial insights from images published on social media.

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