The image recognition market is poised for growth over the forecast period owing to the emergence of technologically advanced identification systems as a predominant alternative for card-based recognition systems. Business process digitization has forced vendors to choose distributed and economical solutions. Development of hand vein pattern, voice and facial pattern recognition technologies is expected to spur market growth over the forecast period. Additionally, widespread adoption of password and pin-based recognition systems is also expected to drive the image recognition market. Image recognition systems can also be deployed in various fields such as advertising, pedestrian recognition, security & surveillance, e-commerce, vehicular safety and biometric scanning machines.
For More Information on "Image Recognition Market Research Reports" visit – http://www.grandviewresearch.com/industry-analysis/image-recognition-market Smartphone proliferation with increased focus on R&D has led to the development of highly integrated products with higher accuracy. Surging demand for advanced surveillance systems for safety & security by civil agencies and government sector is expected to positively impact the image recognition market growth. The technology can also be used in different application areas such as online shopping, retail and mobile payments through a high-quality visual environment. Retail segment is expected to exhibit high growth over the forecast period, which h can be attributed to increasing implementation in order to enhance in-store customer services with a mobile app. However, increased data sensitivity and associated risks of shared data may pose a challenge to market growth. North America emerges as the most dominant regional market in 2013; Asia Pacific is expected to exhibit high growth over the next six years. Growing trend towards e-governance is expected to drive the regional image recognition market growth. Major market participants include Qualcomm Technologies, LTU Technologies, Honeywell, Panasonic, Catchroom and Toshiba. Request TOC of “Image Recognition Market Research Reports" visit - http://www.grandviewresearch.com/industry-analysis/image-recognition-market/request-toc About Grand View Research Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy. Contact: Sherry James Corporate Sales Specialist, U.S.A. Grand View Research, Inc. United States Phone: 1-415-349-0058 Toll Free: 1-888-202-9519 Email: [email protected] Website: Grand View Research Blog Site: http://www.mediafound.org/
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The global data center UPS market is expected to reach USD 5.67 billion by 2020, according to a new study by Grand View Research, Inc. Falling tolerance limits regarding disconnections in data transmissions and data loss have consequently increased UPS installations in data centers. Increased demand from ERP systems, CRM systems, cloud storage, file servers and data warehouses is expected to drive data center UPS market growth. Growing power costs coupled with an increase in eco-friendly initiatives has given rise to the incorporation of green and energy efficient technologies into product development.
Smart UPS systems capable of self-diagnosis and communication have gained prominence as they help in considerably reducing troubleshooting time. Portable UPS systems have gained popularity, particularly in SMBs, which is further expected to boost the data center UPS market. Lack of product differentiation among leading players has hampered the data center UPS industry to a certain degree. The industry has been hit by lack of inventory supply as a consequence of semiconductor market slowdown. View summary of this report @ http://www.grandviewresearch.com/industry-analysis/data-center-ups-market Further key findings from the study suggest:
Browse All Reports of this category @ http://www.grandviewresearch.com/industry/electronic-devices About Grand View Research Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy. Contact: Sherry James Corporate Sales Specialist, U.S.A. Grand View Research, Inc. United States Phone: 1-415-349-0058 Toll Free: 1-888-202-9519 Email: [email protected] Website: Grand View Research Blog Site: http://marketshare.blog.com |