Image Recognition in Retail Market - Top Companies and Manufacturers

  • Report ID: 4964
  • Published Date: Oct 14, 2024
  • Report Format: PDF, PPT

Companies dominating the Image Recognition in Retail Landscape

    • Amazon.com, Inc.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Attrasoft, Inc.
    • Blippar
    • Google LLC
    • Hitachi, Ltd.
    • Honeywell International Inc.
    • Huawei Technologies Co., Ltd.
    • IBM Corp.
    • Intelligent Retail
    • LTU Technologies

Browse Key Market Insights with Data Illustration:

In the News

  • In order to recognize actions in videos when a person's face is obscured or there is a subtle fluctuation in motion that is challenging to discern, Hitachi, Ltd. has created a human action recognition AI technology. With this technique, it is feasible to capture tiny variations in activities in real time without the usage of extra sensors by having AI learn the video and sensor signal from numerous body-worn sensors in advance.
  • Honeywell International, Inc. announced. InbraTerrestre, a Brazilian company, has used its Spectra Shield technology to create lighter-weight helmets for the military and police enforcement. One of the Inbra Group's businesses, InbraTerrestre, would be the nation's first strategic defense provider to gain T&A certification for level III-A ballistic helmet.

Author Credits:  Abhishek Verma


  • Report ID: 4964
  • Published Date: Oct 14, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of image recognition in retail is evaluated at USD 5.37 billion.

The image recognition in retail market size was valued at USD 4.52 billion in 2024 and is likely to exceed USD 70.17 billion by the end of 2037, expanding at over 23.2% CAGR during the forecast period i.e., between 2025-2037. The market growth is driven by a growing focus on customer satisfaction, a rise in the establishment of physical retail stores, and a surge in the adoption of smartphones.

North America industry share is anticipated to grow rapidly by 2037, backed by growing adoption of Artificial Intelligence (AI) in the field of digital shopping and e-commerce.

The major players in the market include Amazon.com, Inc., Attrasoft, Inc., Blippar, Google LLC, Hitachi, Ltd., Honeywell International Inc., Huawei Technologies Co., Ltd., IBM Corp., Intelligent Retail, LTU Technologies.
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