Image Recognition Market Size To Grow By Usd 59,817.48 Million From 2022 To 2027, North America To Account For 36% Of The Market Growth

The image recognition market size is expected to grow by USD 59,817.48 million from 2022 to 2027, with a CAGR of 18.53%. North America is estimated to account for 36% of the market’s overall growth, driven by the high adoption of cutting-edge technologies during the early stages of homeland security and defense. The increasing instances of identity theft and the growing popularity of cloud-based image analysis solutions are driving market growth.