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Publication: May 2024
Report Type: Niche Report
Report Format: PDF DataSheet
Report ID: AI42227 
  Pages: 110+  

Canada AI Facial Recognition Market Analysis, Size, and Forecast by Component, Deployment Model, Technology, and End Users: 2019-2032

Report Format: PDF DataSheet |   Pages: 110+  

 May 2024  | 

Canada AI Facial Recognition Market Snapshot

Canada AI Facial Recognition Market

  • The AI facial recognition market in Canada is estimated to reach US$ 135.5 Million by the end of 2024.
  • This projection indicates an compound annual growth rate of 10.4% during 2024 to 2032, Canada AI facial recognition market value reaching US$ 298.5 Million by 2032.
  • In terms spending in the Canadian AI facial recognition market, the hardware sector is anticipated to generate the highest revenue in 2024.
  • Within the Canadian AI facial recognition market, the IT and Telecom sector is expected to dominate with a total revenue of US$ 40.1 Million in 2024.

Canada AI Facial Recognition Industry Coverage

Analysis Period

2019-2032

Actual Data

2019-2023

Base Year

2024

Estimated Year

2024

CAGR Period

2024-2032
 

Research Scope

Component

Hardwar

Softwar

Servic

Deployment Model

Cloud-base

On-premis

Technology

Object Recognitio

Facial Recognitio

Optical Character Recognition (OCR

Pattern Recognitio

Action Recognitio

End Users

IT and Telecom

Media and Entertainment

Energy and Power

Transportation and Logistics

Healthcare

BFSI

Retail

Manufacturing

Public Sector

Other


*Research Methodology: This report is based on DataCube’s proprietary 3-stage forecasting model, combining primary research, secondary data triangulation, and expert validation. [Learn more]