The report covers a forecast and an analysis of the North America and Europe visual search market. The study provides historical data from 2013 to 2018 and a forecast from 2019 to 2027 based on revenue (USD Million). The study includes drivers and restraints of the North America and Europe visual search market along with their impact on the demand over the forecast period. Additionally, the report includes the study of opportunities available in North America and Europe visual search market.
In order to give the users of this report a comprehensive view of the North America and Europe visual search market, we have included a competitive landscape and an analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.
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The report provides company market share analysis to give a broader overview of the key market players. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the market North America and Europe.
The study provides a decisive view of North America and Europe visual search market by segmenting it based on offering, vertical, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2027. The regional segment includes the current and forecast demand for North America and Europe.
The rising use of machine learning in visual search is the major growth driver of North America and Europe visual search market in the years ahead. Deep machine learning draws its inspiration from the way biological neural networks in the human brain obtain information from the various senses of the body.
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Deep machine learning has various applications, particularly when it comes to analyzing, understanding, and discovering new patterns and new knowledge that is hidden in huge data volumes and needs to be segregated systematically. Undeniably, in the age of big data and the flourishing internet of things, deep machine learning is the key technology that enables businesses to extract value from their huge volumes of data, overcome the challenges of the fourth industrial revolution, and support business success.
By offering, the market is bifurcated into search recommendation and image search. The vertical segment includes consumer goods, automotive, healthcare, retail, and others.
Key players operating in North America and Europe visual search market are Turing Analytics, Amazon.com, Snap Inc., Slyce Acquisition, Blippar Clarifai, ViSenze, Shopagon, Pinterest, Goxip.com, Veritone, Syte.ai, TinEye, Cortexica Vision Systems, Wide Eyes Technologies, Microsoft, and Alphabet, among others.
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