Visual Search Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Visual search is the act of finding a specific determined target among other disruptions. The visual search engine automatically gathers the visual information from the website and categorizes the video and image data accordingly. In addition, they are utilized in surveillance systems through monitoring vast amounts of video streams. Owing to the technological advancements, the accuracy of the visual search engines (ViSE) has been growing steadily in the last few years that in turn, resulted in increased acceptance of these products across numerous end-use industries.

MARKET DYNAMICS

The major factors driving the growth of the visual search market are rising demand from retail and e-commerce sectors, huge investments, and strategic alliance between leading companies. Moreover, increasing R&D activities to increase the efficiency of visual search machines are anticipated to offer lucrative opportunities to visual search market in the coming years.

MARKET SCOPE

The "Global Visual Search Market Analysis to 2031" is a specialized and in-depth study of the visual search industry with a special focus on the global market trend analysis. The report aims to provide an overview of visual search market with detailed market segmentation by type, end-use, and geography. The global visual search market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading visual search market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global visual search market is segmented on the basis of type and end-use. Based on type, the market is segmented as image search and video search. Further, based on end-use the market is segmented as E-commerce, retail, aviation, forestry, automotive, electronics, and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global visual search market based on various segments. it also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The visual search market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting visual search market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for the visual search market for each region.

MARKET PLAYERS

The reports cover key developments in the visual search market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from visual search market are anticipated to lucrative growth opportunities in the future with the rising demand for visual search in the global market. Below mentioned is the list of few companies engaged in the visual search market.

The report also includes the profiles of key visual search companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, key development in the past five years.

•  Catchoom
•  Certona Corporation
•  Clarifai Inc.
•  Cortexica Vision Systems
•  Microsoft Corporation
•  Paravision
•  Slyce Inc.
•  Syte - Visual conception Ltd.
•  Veritone
•  ViSenze

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Visual Search Report Scope