ReleaseWire

+31% CAGR to Be Achieved by AI Image Recognition Market by Extensive Market Growth

AI image recognition market is expected to register a CAGR of +31%, during the forecast period (2018 - 2023).

Posted: Friday, June 01, 2018 at 6:15 PM CDT

Houston, TX -- (SBWire) -- 06/01/2018 --The market is expected to grow rapidly owing to increased adoption of high computing chipsets. AI image recognition provides abundance of benefits, such as enhancing safety features in cars by detecting large objects. Other benefits include verifications of users, client analysis, diagnosis of diseases, and many more. Declining costs of hardware and rapid adoption of AI are a few factors driving the growth of AI image recognition market, on the other hand, lack of technical expertise is inhibiting its growth.

Key players plying their trade in the global AI image recognition market are now concentrating on service extensions and product innovation to enhance their market presence. This is helping to stoke the market competition. In the coming years, the market competition is projected to intensify on account of key players forming strategic partnerships or procuring distributors to bolster sales and expand their business across the globe.

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Top key Vendors:
Google LLC, Amazon Web Services (AWS), Inc., IBM Corp, Intel Corporation, Qualcomm Corporation, and Microsoft Corporation

The report, with the assistance of nitty-gritty business profiles, project practicality analysis, SWOT examination, and a few different insights about the key organizations working in the Global AI Image Recognition Market, exhibits a point by point scientific record of the market's competitive scenario. The report likewise displays a review of the effect of recent developments in the market on market's future development prospects.

Another key note to be declared here is integration of market desirability index in the report particularizing growth, enactment and opportunities in the AI Image Recognition market. The report is determined by enclosure of the competitive landscape among major players involved in production of the market components. The subdivision contains a far-reaching company summarizing and dashboard presentation of major players.

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Table Of Content:

Chapter 1 Industry Overview of AI Image Recognition

Chapter 2 Manufacturing Cost Structure Analysis of AI Image Recognition

Chapter 3 Technical Data and Manufacturing Plants Analysis of AI Image Recognition

Chapter 4 Global AI Image Recognition Overall Market Overview

Chapter 5 AI Image Recognition Regional Market Analysis

Chapter 6 Major Manufacturers Analysis of AI Image Recognition

Chapter 7 Development Trend of Analysis of AI Image Recognition Market

Chapter 8 AI Image Recognition Marketing Type Analysis

Chapter 9 Conclusion of the Global AI Image Recognition Market Professional Survey Report 2018

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AI Image Recognition Market