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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

2023

Estimated Year

2024

CAGR Period

2024-2032
 

Research Scope

Component

Hardware

Software

Service

Deployment Model

Cloud-based

On-premise

Technology

Object Recognition

Facial Recognition

Optical Character Recognition (OCR)

Pattern Recognition

Action Recognition

End Users

IT and Telecom

Media and Entertainment

Energy and Power

Transportation and Logistics

Healthcare

BFSI

Retail

Manufacturing

Public Sector

Other