Published: 26 Jun 2020 | Report Code: 10247531 | Pages: 96
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.)
Table Of Contents
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
List Of Tables
Table 1. Snapshot of North America AI Image Recognition Market, 2019-2026 16 Table 2. Main Product Trends and Market Opportunities in North America AI Image Recognition Market 27 Table 3. North America AI Image Recognition Market by Offering, 2015-2026, $ mn 35 Table 4. North America AI Image Recognition Market by Function, 2015-2026, $ mn 40 Table 5. North America AI Image Recognition Market: Biometric Recognition by Type, 2015-2026, $ mn 42 Table 6. North America AI Image Recognition Market by Industry Vertical, 2015-2026, $ mn 48 Table 7. North America AI Image Recognition Market by Country, 2015-2026, $ mn 57 Table 8. U.S. AI Image Recognition Market by Offering, 2015-2026, $ mn 61 Table 9. U.S. AI Image Recognition Market by Function, 2015-2026, $ mn 61 Table 10. U.S. AI Image Recognition Market by Industry Vertical, 2015-2026, $ mn 61 Table 11. Canada AI Image Recognition Market by Offering, 2015-2026, $ mn 64 Table 12. Canada AI Image Recognition Market by Function, 2015-2026, $ mn 64 Table 13. Canada AI Image Recognition Market by Industry Vertical, 2015-2026, $ mn 64 Table 14. Mexico AI Image Recognition Market by Offering, 2015-2026, $ mn 66 Table 15. Mexico AI Image Recognition Market by Function, 2015-2026, $ mn 66 Table 16. Mexico AI Image Recognition Market by Industry Vertical, 2015-2026, $ mn 66 Table 17. Aether, Inc.: Company Snapshot 72 Table 18. Aether, Inc.: Business Segmentation 72 Table 19. Aether, Inc.: Product Portfolio 73 Table 20. Aether, Inc.: Revenue, 2016-2018, $ mn 73 Table 21. Aether, Inc.: Recent Developments 73 Table 22. Risk Evaluation for Investing in North America Market, 2019-2026 91 Table 23. Critical Success Factors and Key Takeaways 94
List Of Figures
Figure 1. Research Method Flow Chart 9 Figure 2. Breakdown of Primary Research 11 Figure 3. Bottom-up Approach and Top-down Approach for Market Estimation 13 Figure 4. North America Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2019-2026 15 Figure 5. North America AI Image Recognition Market, 2019-2026, $ mn 17 Figure 6. Relationship of AI, DL, ML, and Expert Systems in Image Recognition Technology 20 Figure 7. Primary Drivers and Impact Factors of North America AI Image Recognition Market 21 Figure 8. Primary Restraints and Impact Factors of North America AI Image Recognition Market 24 Figure 9. Investment Opportunity Analysis 28 Figure 10. Porter’s Fiver Forces Analysis of North America AI Image Recognition Market 31 Figure 11. Breakdown of North America AI Image Recognition Market by Offering, 2019-2026, % of Revenue 35 Figure 12. Contribution to North America 2020-2026 Cumulative Revenue by Offering, Value ($ mn) and Share (%) 36 Figure 13. North America AI Image Recognition Market: Hardware, 2015-2026, $ mn 37 Figure 14. North America AI Image Recognition Market: Software, 2015-2026, $ mn 38 Figure 15. North America AI Image Recognition Market: Service, 2015-2026, $ mn 39 Figure 16. Breakdown of North America AI Image Recognition Market by Function, 2019-2026, % of Revenue 40 Figure 17. Contribution to North America 2020-2026 Cumulative Revenue by Function, Value ($ mn) and Share (%) 41 Figure 18. North America AI Image Recognition Market: Biometrics Recognition, 2015-2026, $ mn 42 Figure 19. North America AI Image Recognition Market: Facial Recognition, 2015-2026, $ mn 43 Figure 20. North America AI Image Recognition Market: Hand and Fingerprint Scan, 2015-2026, $ mn 44 Figure 21. North America AI Image Recognition Market: Eyes Recognition, 2015-2026, $ mn 45 Figure 22. North America AI Image Recognition Market: Other Biometrics, 2015-2026, $ mn 46 Figure 23. North America AI Image Recognition Market: Object Identification, 2015-2026, $ mn 47 Figure 24. Breakdown of North America AI Image Recognition Market by Industry Vertical, 2019-2026, % of Revenue 48 Figure 25. Contribution to North America 2020-2026 Cumulative Revenue by Industry Vertical, Value ($ mn) and Share (%) 49 Figure 26. North America AI Image Recognition Market: Automotive, 2015-2026, $ mn 50 Figure 27. North America AI Image Recognition Market: BFSI, 2015-2026, $ mn 51 Figure 28. North America AI Image Recognition Market: Healthcare, 2015-2026, $ mn 52 Figure 29. North America AI Image Recognition Market: Security, 2015-2026, $ mn 53 Figure 30. North America AI Image Recognition Market: Retail, 2015-2026, $ mn 54 Figure 31. North America AI Image Recognition Market: Other Industry Verticals, 2015-2026, $ mn 55 Figure 32. Breakdown of North America AI Image Recognition Market by Country, 2019 and 2026, % of Revenue 57 Figure 33. Contribution to North America 2020-2026 Cumulative Revenue by Country, Value ($ mn) and Share (%) 58 Figure 34. U.S. AI Image Recognition Market, 2015-2026, $ mn 60 Figure 35. Canada AI Image Recognition Market, 2015-2026, $ mn 63 Figure 36. AI Image Recognition Market in Mexico, 2015-2026, $ mn 65 Figure 37. Growth Stage of North America AI Image Recognition Industry over the Forecast Period 67 Figure 38. Value Chain Analysis 69
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.