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
  • Low Resolution Image Size and Storage

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