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.)
1 Introduction 5
1.1 Industry Definition and Research Scope 5
1.1.1 Industry Definition 5
1.1.2 Research Scope 6
1.2 Research Methodology 9
1.2.1 Overview of Market Research Methodology 9
1.2.2 Market Assumption 10
1.2.3 Secondary Data 10
1.2.4 Primary Data 10
1.2.5 Data Filtration and Model Design 12
1.2.6 Market Size/Share Estimation 13
1.2.7 Research Limitations 14
1.3 Executive Summary 15
2 Market Overview and Dynamics 17
2.1 Market Size and Forecast 17
2.2 Major Growth Drivers 21
2.3 Market Restraints and Challenges 24
2.4 Emerging Opportunities and Market Trends 27
2.5 Porter’s Fiver Forces Analysis 31
3 Segmentation of North America Market by Offering 35
3.1 Market Overview by Offering 35
3.2 Hardware 37
3.3 Software 38
3.4 Service 39
4 Segmentation of North America Market by Function 40
4.1 Market Overview by Function 40
4.2 Biometrics Recognition 42
4.2.1 Facial Recognition 43
4.2.2 Hand and Fingerprint Scan 44
4.2.3 Eyes Recognition 45
4.2.4 Other Biometrics 46
4.3 Object Identification 47
5 Segmentation of North America Market by Industry Vertical 48
5.1 Market Overview by Industry Vertical 48
5.2 Automotive 50
5.3 BFSI 51
5.4 Healthcare 52
5.5 Security 53
5.6 Retail 54
5.7 Other Industry Verticals 55
6 North America Market 2019-2026 by Country 56
6.1 Overview of North America Market 56
6.2 U.S. 59
6.3 Canada 63
6.4 Mexico 65
7 Competitive Landscape 67
7.1 Overview of Key Vendors 67
7.2 New Product Launch, Partnership, Investment, and M&A 71
7.3 Company Profiles 72
Aether, Inc. 72
Amazon Web Services, Inc. 74
Clarifai, Inc. 75
Cortica 76
Google LLC 77
IBM Corporation 78
Intel Corporation 79
LPixel, Inc. 80
Micron Technology, Inc. 81
Microsoft Corporation 82
Nvidia Corporation 83
Pixelab 84
Qualcomm Corp. 85
Softech, Ltd. 86
Vee Technologies, Inc. 87
Webtunix 88
Xilinx Inc. 89
8 Investing in North America Market: Risk Assessment and Management 90
8.1 Risk Evaluation of North America Market 90
8.2 Critical Success Factors (CSFs) 93
Related Reports and Products 96
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.
*If Applicable.