Image Recognition In
Retail Global Market Report 2023
Market Size, Trends and Global Forecast 2023-2032
Image Recognition In Retail Market Definition
Image recognition in retail is an algorithm that analyses a picture or video, decodes its information, and identifies the image as representing a certain brand, product, category, or something else entirely. Image recognition in retail is used to maintain shelf health, display compliance, competitive insight, and planogram compliance.
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Image Recognition In Retail Market Characteristics
The global image recognition in retail market size is expected to grow from $1.63 billion in 2022 to $1.98 billion in 2023 at a compound annual growth rate (CAGR) of 21.6%. The image recognition in retail market size is expected to grow to $4.16 billion in 2027 at a CAGR of 20.4%.
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1.63 1.98 4.16
Global
Size
To
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2022 2023 2027
Image Recognition In Retail Market
Forecast
2032
Image Recognition In Retail Market Segments
The report covers the image recognition in retail market’s segments-
By Application
Code Recognition, Digital Image Processing, Facial Recognition, Object Recognition, Other Types
Hardware, Software, Services
On-Premises, Cloud
Scanning And Imaging, Image Search, Security
And Surveillance, Augmented
Reality, Marketing And Advertising, Other Applications
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By Type By Component By Deployment
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Market Players Major companies in the market include Catchoom LTU Tech Google LLC Blippar Ricoh Innovations Click Here To Get A Sample Report
Key
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1. Measure the impact of high global inflation on market growth
2. Market sizing information from 2017 to 2023 and forecasted to 2032
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7. Identify growth segments for investment
8. Outperform competitors using forecast data and the drivers and trends shaping the market
9. Understand customers based on the latest market shares
10.Benchmark performance against key competitors
11.And more
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