Market Dynamics of the global image recognition market
Many analysts agree on the current realities as follow:
Drivers
- Increasing Use of Image Recognition Applications
- Increasing Demand for Security Applications and Products Enabled With Image Recognition Functions
- Technology Acceptance By Various Companies in Different Verticals
- Increasing Use of High Bandwidth Data Services
Restraints
- High Cost of Installation of Image Recognition Systems
Opportunities
- Increasing Demand for Big Data Analytics
- Increasing Demand of Brand Recognition Among End-User
Challenges
