| Market revenue in 2020 | USD 2,066.6 million |
| Market revenue in 2027 | USD 6,243.4 million |
| Growth rate | 17.1% (CAGR from 2020 to 2027) |
| Largest segment | Facial recognition |
| Fastest growing segment | Facial Recognition |
| Historical data | 2016 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | QR/Barcode Recognition, Object Recognition, Facial Recognition, Pattern Recognition, Optical Character Recognition |
| Key market players worldwide | Blinkfire Analytics, CloudSight Inc., Alphabet Inc Class A, Attrasoft, Hitachi Ltd, Honeywell International Inc, NEC Corp, Qualcomm Inc, Syte, Wikitude |
Publish Date: Nov 05, 2025
Last Updated: Aug 26, 2026
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| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Hitachi Ltd | View profile | 322,525 | 6-6, Marunouchi 1-chome, Chiyoda-ku, Tokyo, Japan, 100-8280 | www.hitachi.com |
| Alphabet Inc Class A | View profile | 180,895 | 1600 Amphitheatre Parkway, Mountain View, CA, United States, 94043 | www.abc.xyz |
| Honeywell International Inc | View profile | 95,000 | 855 South Mint Street, Charlotte, NC, United States, 28202 | www.honeywell.com |
| NEC Corp | View profile | 118,527 | 7-1, Shiba 5-chome, Minato-ku, Tokyo, Japan, 108-8001 | www.nec.com |
| Qualcomm Inc | View profile | 50,000 | 5775 Morehouse Drive, San Diego, CA, United States, 92121-1714 | www.qualcomm.com |
| Blinkfire Analytics | View profile | 51-100 | Chicago, Illinois, United States, North America | blinkfire.com |
| CloudSight Inc. | View profile | 11-50 | Los Angeles, California, United States, North America | CloudSight.ai |
| Attrasoft | View profile | 1-10 | Savannah, Georgia, United States, North America | www.attrasoft.com/ |
| Syte | View profile | 101-250 | Tel Aviv, Tel Aviv, Israel, Asia | www.syte.ai |
| Wikitude | View profile | 11-50 | Salzburg, Salzburg, Austria, Europe | www.wikitude.com |
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Image Recognition Market will help companies and investors design strategic landscapes.
Facial Recognition was the largest segment with a revenue share of 24.44% in 2020.
Horizon Databook has segmented the U.K. image recognition market based on qr/barcode recognition, object recognition, facial recognition, pattern recognition, optical character recognition covering the revenue growth of each sub-segment from 2016 to 2027.
Horizon Databook provides a detailed overview of country-level data and insights on the U.K. image recognition market, including forecasts for subscribers. This country databook contains high-level insights into U.K. image recognition market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
