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Asia Pacific Artificial Intelligence (AI) Image Recognition Market 2020-2026 by Offering, Function, Industry Vertical, and Country: Trend Forecast and Growth Opportunity

Published: 26 Jun 2020 | Report Code: 10247533 | Pages: 97

Asia Pacific AI image recognition market will register a 2020-2026 CAGR of 30.6% with a total addressable market cap of $9.73 billion over the forecast years. Highlighted with 30 tables and 41 figures, this 97-page report “Asia Pacific Artificial Intelligence (AI) Image Recognition Market 2020-2026 by Offering, Function, Industry Vertical, and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire Asia Pacific AI image recognition market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2015-2019 and provides forecast from 2020 till 2026 with 2019 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.) In-depth qualitative analyses include identification and investigation of the following aspects: • Market Structure • Growth Drivers • Restraints and Challenges • Emerging Product Trends & Market Opportunities • Porter’s Fiver Forces The trend and outlook of Asia Pacific market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify Asia Pacific AI image recognition market in every aspect of the classification from perspectives of Offering, Function, Industry Vertical, and Country. Based on Offering, the Asia Pacific market is segmented into the following sub-markets with annual revenue for 2015-2026 included in each section. • Hardware • Software • Service Based on Function, the Asia Pacific market is segmented into the following sub-markets with annual revenue for 2015-2026 included in each section. Biometrics Recognition • Facial Recognition • Hand and Fingerprint Scan • Eyes Recognition • Other Biometrics Object Identification Based on Industry Vertical, the Asia Pacific market is segmented into the following sub-markets with annual revenue for 2015-2026 included in each section. • Automotive • BFSI • Healthcare • Security • Retail • Other Industry Verticals Geographically, the following national/local markets are fully investigated: • Japan • China • South Korea • Australia • India • Rest of APAC (further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka) For each aforementioned region and country, detailed analysis and data for annual revenue are available for 2015-2026. The breakdown of key national markets by Offering, Function, and Industry Vertical over the forecast years are also included. The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players. Specifically, potential risks associated with investing in Asia Pacific AI image recognition market are assayed quantitatively and qualitatively through GMD’s Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders identify emerging opportunities, manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions. Key Players (this may not be a complete list and extra companies can be added upon request): Artivatic Data Labs Pvt. Ltd. Automation Anywhere, Inc. Fujitsu Ltd. IBM Corporation iFlytek Intel Corporation LPixel, Inc. Megvii Samsung Electronics Co., Ltd. SenseTime ViSenze Pte Ltd. YITU Technologies (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.) 

Table Of Contents

1 Introduction 5
1.1 Industry Definition and Research Scope 5
1.1.1 Industry Definition 5
1.1.2 Research Scope 6
1.2 Research Methodology 9
1.2.1 Overview of Market Research Methodology 9
1.2.2 Market Assumption 10
1.2.3 Secondary Data 10
1.2.4 Primary Data 10
1.2.5 Data Filtration and Model Design 12
1.2.6 Market Size/Share Estimation 13
1.2.7 Research Limitations 14
1.3 Executive Summary 15
2 Market Overview and Dynamics 17
2.1 Market Size and Forecast 17
2.2 Major Growth Drivers 21
2.3 Market Restraints and Challenges 24
2.4 Emerging Opportunities and Market Trends 27
2.5 Porter’s Fiver Forces Analysis 31
3 Segmentation of Asia Pacific Market by Offering 35
3.1 Market Overview by Offering 35
3.2 Hardware 37
3.3 Software 38
3.4 Service 39
4 Segmentation of Asia Pacific Market by Function 40
4.1 Market Overview by Function 40
4.2 Biometrics Recognition 42
4.2.1 Facial Recognition 43
4.2.2 Hand and Fingerprint Scan 44
4.2.3 Eyes Recognition 45
4.2.4 Other Biometrics 46
4.3 Object Identification 47
5 Segmentation of Asia Pacific Market by Industry Vertical 48
5.1 Market Overview by Industry Vertical 48
5.2 Automotive 50
5.3 BFSI 51
5.4 Healthcare 52
5.5 Security 53
5.6 Retail 54
5.7 Other Industry Verticals 55
6 Asia-Pacific Market 2019-2026 by Country 56
6.1 Overview of Asia-Pacific Market 56
6.2 China 59
6.3 Japan 61
6.4 India 64
6.5 Australia 66
6.6 South Korea 68
6.7 Rest of APAC Region 70
7 Competitive Landscape 72
7.1 Overview of Key Vendors 72
7.2 New Product Launch, Partnership, Investment, and M&A 76
7.3 Company Profiles 77
Artivatic Data Labs Pvt. Ltd. 77
Automation Anywhere, Inc. 79
Fujitsu Ltd. 80
IBM Corporation 81
iFlytek 82
Intel Corporation 83
LPixel, Inc. 84
Megvii 86
Samsung Electronics Co., Ltd. 87
SenseTime 88
ViSenze Pte Ltd. 89
YITU Technologies 90
8 Investing in Asia Pacific Market: Risk Assessment and Management 91
8.1 Risk Evaluation of Asia Pacific Market 91
8.2 Critical Success Factors (CSFs) 94
Related Reports and Products 97

List Of Tables

Table 1.  Snapshot of Asia Pacific AI Image Recognition Market, 2019-2026 16
Table 2.  Main Product Trends and Market Opportunities in Asia Pacific AI Image Recognition Market 27
Table 3. Asia Pacific AI Image Recognition Market by Offering, 2015-2026, $ mn 35
Table 4. Asia Pacific AI Image Recognition Market by Function, 2015-2026, $ mn 40
Table 5. Asia Pacific AI Image Recognition Market: Biometric Recognition by Type, 2015-2026, $ mn 42
Table 6. Asia Pacific AI Image Recognition Market by Industry Vertical, 2015-2026, $ mn 48
Table 7. APAC AI Image Recognition Market by Country, 2015-2026, $ mn 57
Table 8. China AI Image Recognition Market by Offering, 2015-2026, $ mn 60
Table 9. China AI Image Recognition Market by Function, 2015-2026, $ mn 60
Table 10. China AI Image Recognition Market by Industry Vertical, 2015-2026, $ mn 60
Table 11. Japan AI Image Recognition Market by Offering, 2015-2026, $ mn 63
Table 12. Japan AI Image Recognition Market by Function, 2015-2026, $ mn 63
Table 13. Japan AI Image Recognition Market by Industry Vertical, 2015-2026, $ mn 63
Table 14. India AI Image Recognition Market by Offering, 2015-2026, $ mn 65
Table 15. India AI Image Recognition Market by Function, 2015-2026, $ mn 65
Table 16. India AI Image Recognition Market by Industry Vertical, 2015-2026, $ mn 65
Table 17. Australia AI Image Recognition Market by Offering, 2015-2026, $ mn 67
Table 18. Australia AI Image Recognition Market by Function, 2015-2026, $ mn 67
Table 19. Australia AI Image Recognition Market by Industry Vertical, 2015-2026, $ mn 67
Table 20. South Korea AI Image Recognition Market by Offering, 2015-2026, $ mn 69
Table 21. South Korea AI Image Recognition Market by Function, 2015-2026, $ mn 69
Table 22. South Korea AI Image Recognition Market by Industry Vertical, 2015-2026, $ mn 69
Table 23. AI Image Recognition Market in Rest of APAC by Country, 2015-2026, $ mn 71
Table 24. Artivatic Data Labs Pvt. Ltd.: Company Snapshot 77
Table 25. Artivatic Data Labs Pvt. Ltd.: Business Segmentation 77
Table 26. Artivatic Data Labs Pvt. Ltd.: Product Portfolio 78
Table 27. Artivatic Data Labs Pvt. Ltd.: Revenue, 2016-2018, $ mn 78
Table 28. Artivatic Data Labs Pvt. Ltd.: Recent Developments 78
Table 29.  Risk Evaluation for Investing in Asia Pacific Market, 2019-2026 92
Table 30. Critical Success Factors and Key Takeaways 95

List Of Figures

Figure 1. Research Method Flow Chart 9
Figure 2. Breakdown of Primary Research 11
Figure 3. Bottom-up Approach and Top-down Approach for Market Estimation 13
Figure 4. Asia Pacific Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2019-2026 15
Figure 5. Asia Pacific AI Image Recognition Market, 2019-2026, $ mn 17
Figure 6. Relationship of AI, DL, ML, and Expert Systems in Image Recognition Technology 20
Figure 7. Primary Drivers and Impact Factors of Asia Pacific AI Image Recognition Market 21
Figure 8. Primary Restraints and Impact Factors of Asia Pacific AI Image Recognition Market 24
Figure 9. Investment Opportunity Analysis 28
Figure 10. Porter’s Fiver Forces Analysis of Asia Pacific AI Image Recognition Market 31
Figure 11. Breakdown of Asia Pacific AI Image Recognition Market by Offering, 2019-2026, % of Revenue 35
Figure 12. Contribution to Asia Pacific 2020-2026 Cumulative Revenue by Offering, Value ($ mn) and Share (%) 36
Figure 13. Asia Pacific AI Image Recognition Market: Hardware, 2015-2026, $ mn 37
Figure 14. Asia Pacific AI Image Recognition Market: Software, 2015-2026, $ mn 38
Figure 15. Asia Pacific AI Image Recognition Market: Service, 2015-2026, $ mn 39
Figure 16. Breakdown of Asia Pacific AI Image Recognition Market by Function, 2019-2026, % of Revenue 40
Figure 17. Contribution to Asia Pacific 2020-2026 Cumulative Revenue by Function, Value ($ mn) and Share (%) 41
Figure 18. Asia Pacific AI Image Recognition Market: Biometrics Recognition, 2015-2026, $ mn 42
Figure 19. Asia Pacific AI Image Recognition Market: Facial Recognition, 2015-2026, $ mn 43
Figure 20. Asia Pacific AI Image Recognition Market: Hand and Fingerprint Scan, 2015-2026, $ mn 44
Figure 21. Asia Pacific AI Image Recognition Market: Eyes Recognition, 2015-2026, $ mn 45
Figure 22. Asia Pacific AI Image Recognition Market: Other Biometrics, 2015-2026, $ mn 46
Figure 23. Asia Pacific AI Image Recognition Market: Object Identification, 2015-2026, $ mn 47
Figure 24. Breakdown of Asia Pacific AI Image Recognition Market by Industry Vertical, 2019-2026, % of Revenue 48
Figure 25. Contribution to Asia Pacific 2020-2026 Cumulative Revenue by Industry Vertical, Value ($ mn) and Share (%) 49
Figure 26. Asia Pacific AI Image Recognition Market: Automotive, 2015-2026, $ mn 50
Figure 27. Asia Pacific AI Image Recognition Market: BFSI, 2015-2026, $ mn 51
Figure 28. Asia Pacific AI Image Recognition Market: Healthcare, 2015-2026, $ mn 52
Figure 29. Asia Pacific AI Image Recognition Market: Security, 2015-2026, $ mn 53
Figure 30. Asia Pacific AI Image Recognition Market: Retail, 2015-2026, $ mn 54
Figure 31. Asia Pacific AI Image Recognition Market: Other Industry Verticals, 2015-2026, $ mn 55
Figure 32. Breakdown of APAC AI Image Recognition Market by Country, 2019 and 2026, % of Revenue 57
Figure 33. Contribution to APAC 2020-2026 Cumulative Revenue by Country, Value ($ mn) and Share (%) 58
Figure 34.  AI Image Recognition Market in China, 2015-2026, $ mn 59
Figure 35.  AI Image Recognition Market in Japan, 2015-2026, $ mn 62
Figure 36.  AI Image Recognition Market in India, 2015-2026, $ mn 64
Figure 37.  AI Image Recognition Market in Australia, 2015-2026, $ mn 66
Figure 38.  AI Image Recognition Market in South Korea, 2015-2026, $ mn 68
Figure 39.  AI Image Recognition Market in Rest of APAC, 2015-2026, $ mn 70
Figure 40. Growth Stage of Asia Pacific AI Image Recognition Industry over the Forecast Period 72
Figure 41. Value Chain Analysis 74

Key Players (this may not be a complete list and extra companies can be added upon request): 
Artivatic Data Labs Pvt. Ltd. 
Automation Anywhere, Inc. 
Fujitsu Ltd. 
IBM Corporation
iFlytek 
Intel Corporation 
LPixel, Inc. 
Megvii 
Samsung Electronics Co., Ltd. 
SenseTime 
ViSenze Pte Ltd. 
YITU Technologies