Image Recognition in CPG Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2021 to 2027

Image Recognition in CPG Market size is estimated to grow from USD 1.4 billion in 2021 to USD 3.7 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 21 % from 2021 to 2027. 

Image recognition is a term used in computer technology when used to identify specific individuals, animals, artifacts, or other unique subjects using algorithms and machine learning. Image recognition is related to computer vision that can recognize objects like humans.

The Image Recognition  key players in this market include:

• IBM
• AWS
• Google
• Microsoft
• Trax
• Intelligence Retail
• VistBasic
• Snap2Insight

By Component:

• Hardware
• Solution
• Services

By Application:

• Inventory analysis
• Product and Shelf Monitoring Analysis
• Auditing Product Placement
• Product Placement Trend Analysis
• Assessing Compliance and Competition
• Category Analysis
• Gauging emotions

Scope of the Report

The research study analyzes the global Image Recognition in CPG industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Image Recognition in CPG Market Report

1. What was the Image Recognition in CPG Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).

2. What will be the CAGR of Image Recognition in CPG Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Image Recognition in CPG Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.