The global image recognition market size was valued at USD 53.3 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 13.4% from 2024 to 2030. This growth is attributed to the increasing volumes of image data, advancements in artificial intelligence (AI) and machine learning (ML), and the growing demand for automation across various sectors are pivotal. In...

Image Recognition Industry The global image recognition market was valued at USD 53.3 billion in 2023 and is anticipated to experience significant growth at a compound annual growth rate (CAGR) of 12.8% from 2024 to 2030. This projected growth can be attributed to several key factors, including the increasing volume of image data generated daily, advancements in artificial intelligence (AI) and...

Image Recognition Industry Overview The global image recognition market was valued at USD 53.3 billion in 2023 and is projected to experience significant growth, with a compound annual growth rate (CAGR) of 12.8% from 2024 to 2030. This growth is primarily driven by several key factors: Increasing volumes of image data, which are being generated at a rapid pace across various industries....

Image Recognition Industry The global image recognition market was valued at USD 53.3 billion in 2023 and is anticipated to experience significant growth at a compound annual growth rate (CAGR) of 12.8% from 2024 to 2030. This projected growth can be attributed to several key factors, including the increasing volume of image data generated daily, advancements in artificial intelligence (AI) and...

The global image recognition market size is expected to reach USD 128.28 billion by 2030, according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 13.4% from 2023 to 2030. Image processing and recognition have evolved with numerous powerful applications, such as security and surveillance, and medical imaging that have created a great...