The global image recognition in retail market size is predicted to expand at a CAGR of 23% between 2023 and 2035, with a revenue of USD 14 billion by the end of 2035. Factors such as the increasing demand for automated processes, the growing usage of AI and cloud technologies in retail, and the increasing demand for personalized customer experiences are driving the growth of the market. Companies have also started investing more in customer service, offering more customer-friendly policies, and using customer feedback to improve their products and services. Key image recognition in retail market players include Amazon Inc., Attrasoft, Inc., Blippar, Google LLC, Hitachi, Ltd., Honeywell International Inc., Huawei Technologies Co., Ltd., IBM Corp., Intelligent Retail, and LTU Technologies.
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