Global Image Recognition in Retail Market Insights and Forecast to 2028

Image Recognition in Retail Market Outlook - 2028

The global Image Recognition in Retail market size is projected to reach US$ 5966 million by 2028, from US$ 1704.5 million in 2021, at a CAGR of 19.3% during 2022-2028.

Fully considering the economic change by this health crisis, On-Premises accounting for % of the Image Recognition in Retail global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period.

While Security and Surveillance segment is altered to an % CAGR throughout this forecast period.

Image Recognition in Retail Market Insights

It can reduce sales time; identify products on shelves, price tags, POSM, analyze and provide suggestions for correcting defects; analyze product range, prices, and trends; analyze shelf share compared with competitors, and dynamic changes; monitor product matrix Compliance; automatically generate reports on selected indicators.

China Image Recognition in Retail market size is valued at US$ million in 2021, while the North America and Europe Image Recognition in Retail are US$ million and US$ million, severally. The proportion of the North America is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period.

As for the Europe Image Recognition in Retail landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.

With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Image Recognition in Retail market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Image Recognition in Retail market in terms of revenue.

Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Image Recognition in Retail market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Image Recognition in Retail market.

Image Recognition in Retail Market Scope and Market Size

Image Recognition in Retail market is segmented by players, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Image Recognition in Retail market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2017-2028.

Image Recognition in Retail Market Segment By Type

• On-Premises
• Cloud Based

Image Recognition in Retail Market Segment By Application

• Security and Surveillance
• Vision Analytics
• Marketing and Advertising
• Others

By Company

• IBM
• AWS
• Google
• Microsoft
• Trax
• Intelligence Retail
• VistBasic
• Snap2Insight
• Intel
• NVidia Corporation
• NEC
• DEDI LLC

By Region

• North America
• United States
• Canada
• Europe
• Germany
• France
• UK
• Italy
• Russia
• Nordic Countries
• Rest of Europe
• Asia-Pacific
• China
• Japan
• South Korea
• Southeast Asia
• India
• Australia
• Rest of Asia
• Latin America
• Mexico
• Brazil
• Rest of Latin America
• Middle East & Africa
• Turkey
• Saudi Arabia
• UAE
• Rest of MEA