What is Visual Search Software Market Scope?
Visual search refers to the active scan of the object or feature of the objects and based on the algorithm it could recognize and deliver the information of selective or relative objects. Visual search software expected to mark significant growth over the forecasted period due to effortless search and recreation abilities in the machine. It is driven by computer vision and trained by machine learning.
The Visual Search Software market study is being classified, by Application (Cultural Heritage, Education, Travel, Fashion and Other) and major geographies with country level break-up.
Analysts at AMA predicts that Players from United States will contribute to the maximum growth of Global Visual Search Software market throughout the predicted period.
Microsoft (United States), NetX (United States), Clarifai (United States), Nextopia Software (United States), Turing Analytics (India), Digimarc (United States), Imaginestics (United States), ViSenze (United Kingdom) and piXlogic (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Visual Geometry Group (United Kingdom), Think Deeply (United Kingdom) and Cortexica Vision Systems (United Kingdom).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Visual Search Software market by Type, Application and Region.
On the basis of geography, the market of Visual Search Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
In Feb 2019, ViSenze’s announced the regional partnership with Samsung Electronics Co., Ltd. in Southeast Asia and Oceania is the result of an extensive collaboration between the smartphone manufacturer and the AI technology provider. By integrating ViSenze’s advanced visual search capabilities, Samsung equips its mobile consumers in the Southeast Asia and Oceania region with a way to easily discover and purchase products using Shopping by Bixby Vision on various Samsung mobile devices.
Influencing Market Trend
- Increasing Use of Cross-Selling Tool
Market Drivers
- Rising Adoption of Machine Learning
- Growing Use of E-commerce Websites
Opportunities
- Increasing Use of Chatbots in Retail Industry
- Upsurging E-commerce Industry
- Increasing Online Shopping
Restraints
- Use of Type Search Method
Challenges
- Requirement of Appropriate Product Listing and Optimized Images
Key Target Audience
Visual Search Software Provider, Visual Search Software Distributiors and E-commerce Industry
Customization available in this Study:
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