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Report Overview

The global image recognition market size reached a value of more than USD 39.41 Billion in 2025. The market is further expected to grow at a CAGR of 14.80% between 2026 and 2035 reaching a value of USD 156.68 Billion by 2035.

2025

Base Year

2019-2025

Historical Period

2026-2035

Forecast Period

Compound Annual Growth Rate

14.8%

Value in USD Billion

2026-2035


*this image is indicative*

Key Trends in the Market

Image recognition is a process by which an object or a feature such as actions or writings are identified in a video or image. It is used for various purposes such as medical imaging, to detect defects and for security surveillance. For image recognition, a single high-level label is assigned by the artificial intelligence model to the image or the video.

  • Adoption of image recognition and artificial intelligence is helping retailers and manufacturers improve the quality of their products by spotting potential defects at an earlier stage and processing sales quickly. With the increasing competition in retail, image recognition can help provide companies with an advantage.
  • The growing population worldwide places strain on existing security infrastructure. Image recognition can be used for facial recognition, reducing the number of security personnel required to monitor specific areas by automating the security and identification process.
  • Rising prevalence of medical conditions that require radiology imaging and other imaging tests are increasing the demand for the image recognition market. With image recognition, minor defects can be identified accurately, facilitating early diagnosis and better prognosis overall.

image recognition market by segments

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Market Segmentation

The EMR’s report titled “Image Recognition Market Report and Forecast 2026-2035” offers a detailed analysis of the market based on the following segments:

Market Breakup by Component

  • Software
  • Hardware
  • Services

Market Breakup by Deployment Mode

  • Cloud
  • On-premises

Market Breakup by Technique

  • Barcode Recognition
  • Facial Recognition
  • Object Recognition
  • Others

Market Breakup by End Use

  • BFSI
  • IT and Telecom
  • Healthcare
  • Retail
  • Transportation and Logistics
  • Manufacturing
  • Others

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Market Share by Component

Software components hold a substantial share of the image recognition market, which can be attributed to the rapid advancements in software and the ease of upgrading to new software types. In image recognition, the identification capabilities are dependent upon the software. With basic hardware setup, advanced software can be used for various image recognition applications such as in computer graphics, medical imaging, and photo editing which has increased the demand of software in the market.

New software types often support image or video analytics features, enhancing the object identification capabilities and data analysis of larger volumes of data. Several industries use image recognition software to accelerate the extraction of the text from images. Dedicated image recognition software is also available for specific applications, increasing its demand in the market for image recognition.

Market Share by Technique

Object recognition is expected to account for a sizable share in the image recognition market due to the versatility in applications it offers. Based on the specific niche, object recognition can be adapted identify an object according to any parameter. In manufacturing, object recognition can be used to flag defects in products and in healthcare it can identify any aberrations in radiology or other imaging tests. Object recognition can also be used in the BFSI sector when scanning forms to identify any irregularities.

Meanwhile, facial recognition is projected to witness significant growth in the coming years. Facial recognition is being widely adopted by companies and governments for purposes of surveillance and security. By utilising facial recognition, end users can maximise results with fewer personnel, thereby saving costs and reducing errors.

Competitive Landscape

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global image recognition market covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.

NEC Corporation

NEC Corporation was established in 1899 and is headquartered in Tokyo in Japan. It is a Japanese information technology and electronics company that deals with the manufacture of products related to 5G, healthcare, computers, and other network products. They also provide solutions for society which promote efficiency, safety, and security.

Hitachi, Ltd.

Hitachi, Ltd. founded in 1910 is based out of Tokyo, Japan. It manufactures and provides its customers with construction machinery, smart life and eco-friendly systems, information and telecommunication systems, automotive systems, power systems and various other products for consumer and industrial use. It aims at creating a society that is sustainable with the help of data and technology.

Attrasoft, Inc.

Attrasoft, Inc. was founded in 2001 with headquarters in Georgia in the United States. Attrasoft, Inc. specialises in artificial intelligence and deep learning, developing software that can learn and adapt to user needs. Its range of products help with image recognition, single site image search engine, object detection within an image, video object detection, surveillance video analysis, and image tagging, among others.

*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*

Other market players include Honeywell International Inc., and Partium Technologies GmbH, among others.

Image Recognition Market Report Snapshots

Image Recognition Companies

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The global market for image recognition reached a value of more than USD 39.41 Billion in 2025.

The market is expected to grow at a CAGR of 14.80% between 2026 and 2035.

The major market drivers are adoption of advanced technology, increasing demand from a wider range of end users, and growing need for safety and surveillance.

The key trends of the market are usage in manufacturing for quality control, image and video tagging for easier analysis, and increasing applications in healthcare for faster diagnoses and improved prognoses.

Key players in the image recognition market include NEC Corporation, Hitachi, Ltd., Attrasoft, Inc., Honeywell International Inc., and Partium Technologies GmbH, among others.

Image recognition is a process by which an object or a feature such as actions, objects, or writings are identified in still images or in video.

The key advantages of image recognition are that it improves efficiency, saves manual efforts, reduces errors, can operate all hours, and can be customised as needed.

The primary components of image recognition are software, hardware, and services.

The various techniques in image recognition are barcode recognition, facial recognition, and object recognition, among others.

The key end uses of image recognition are BFSI, IT and telecom, healthcare, retail, transportation and logistics, and manufacturing, among others.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2025
Historical Period 2019-2025
Forecast Period 2026-2035
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Component
  • Deployment Mode
  • Technique
  • End Use
  • Region
Breakup by Component
  • Software
  • Hardware
  • Services
Breakup by Deployment Mode
  • Cloud
  • On-premises
Breakup by Technique
  • Barcode Recognition
  • Facial Recognition
  • Object Recognition
  • Others
Breakup by End Use
  • BFSI
  • IT and Telecom
  • Healthcare
  • Retail
  • Transportation and Logistics
  • Manufacturing
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • NEC Corporation
  • Hitachi, Ltd.
  • Attrasoft, Inc.
  • Honeywell International Inc
  • Partium Technologies GmbH
  • Others

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