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Stock impact report

Global Image Recognition Market Insights and Outlook to 2029: QR/Barcode Recognition to Dominate in 2024 [Yahoo! Finance]

STMicroelectronics N.V. (STM) 
Last stmicroelectronics n.v. earnings: 4/22 01:00 am Check Earnings Report
US:NYSE Investor Relations: investors.st.com
Company Research Source: Yahoo! Finance
Offering (Hardware, Software, Services), Technology (QR/barcode, Digital Image Processing, Facial Recognition), Application Area,Organization Size, Vertical and Region - Forecast to 2029" report has been added to ResearchAndMarkets.com's offering. The image recognition market is expected to grow from USD 46.7 billion in 2024 to USD 98.6 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 16.1% during the forecast period. Continuous advancements in artificial intelligence (AI), deep learning, and computer vision technologies have significantly improved image recognition software's accuracy and capabilities, driving the market growth during the forecast period. As per application area, the scanning & imaging segment is expected to grow at a higher CAGR during the forecast period. Image recognition technology seamlessly integrates with existing workflow systems and document management platforms. Integrating with scanning devices, document repositories, and business applicati Show less Read more
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