Asia-Pacific image recognition market is projected to register a significant CAGR of 19.9% in the forecast period of 2020 to 2027. The new market report contains data for the historic year 2018, the base year of calculation is 2019 and the forecast period is 2020 to 2027
Market Segmentation:
Asia-Pacific Image Recognition Market By Component (Hardware, Software, Services), Deployment Model (Cloud, On Premises), Operating System (Computers, Smartphones, Tablets, Drone, Others), Deployment Model (Cloud, On Premises), Technology (Facial Recognition, Object Recognition, Pattern & Gradient Recognition, Code Recognition, QR/ Barcode Recognition, Optical Character Recognition), Application (Image Search, Scanning & Imaging, Security & Surveillance, Marketing & Advertising, Augmented Reality, Industrial Automation & Inspection, Visual Geolocation, Others), End User (Banking, Financial Services & Insurance (BFSI), IT & Telecommunication, Government, Retail & E-Commerce, Automotive, Healthcare & Life Sciences, Construction, Media & Entertainment, Transportation & Logistics, Manufacturing, Education, Gaming, Others), Country (China, Japan, South Korea, India, Australia, Singapore, Malaysia, Hong Kong, Indonesia, Thailand, Philippines, Rest of Asia-Pacific) Industry Trends and Forecast to 2027
Some of the major factors contributing to the growth of the Asia-Pacific image recognition market are:

• Digital transformation of business and processes
• Growing concern of security in facility management solution

Market Players:

The key market players for Asia-Pacific image recognition market are listed below:

• Panasonic i-PRO Sensing Solutions Co., Ltd.
• CVDM SOLUTIONS SAS dba PLANORAMA
• TOSHIBA ELECTRONIC DEVICES & STORAGE CORPORATION (A Business Division of TOSHIBA CORPORATION)
• Ricoh
• NEC Corporation
• Qualcomm Technologies, Inc.
• IBM Corporation
• Amazon Web Services, Inc. (Subsidiary of Amazon.com, Inc.)
• Microsoft
• Google (A Subsidiary of Alphabet Inc.)
• Intel Corporation
• Hitachi Information & Telecommunication Engineering, Ltd.
• Micron Technology, Inc.
• NVIDIA Corporation
• Honeywell International Inc.