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How large is the market for face recognition and object recognition?

How large is the market for face recognition and object recognition?

Answer by Benoit Maison:

It used to be the case that the most important applications of face and object recognition were security and copyright tracking.

However, the surge in mobile applications has changed the landscape.  Image processing apps have been among the best sellers on the various app stores, for example:

  • Barcode readers (RedLaser, pic2shop, and now most shopping/brand apps)
  • AR Translation (WordLens)
  • Object/Landmark recognition (Google Goggles, SnapTell)
  • Leaf Recognition (LeafSnap)
  • Face Transformations (FatBooth)

The combination of  camera + personal mobile computer + internet access creates entirely new possibilities, which go far beyond the traditional image recognition applications.

Also, each copy of the app may only sell for a few dollars, but the sheer size of the market makes up for it.

How large is the market for face recognition and object recognition?

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