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Publication: May 2024
Report Type: Niche Report
Report Format: PDF DataSheet
Report ID: AI42219 
  Pages: 400+  

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

Report Format: PDF DataSheet |   Pages: 400+  

 May 2024  | 

Global AI Facial Recognition Market Snapshot

Global AI Facial Recognition Market

  • The global AI facial recognition market is estimated to reach US$ 6.08 Billion in 2024, witnessing a YoY growth of 13.3%.
  • The hardware segment is projected to experience a significant upsurge in market revenue, reaching US$ 5.81 Billion by the end of 2032.
  • In terms of growth, the global AI facial recognition market is anticipated to expand at a CAGR of 10.1% between 2024 and 2032.
  • The market is expected to witness an absolute dollar opportunity of US$ 7.74 Billion between 2024 and 2032.

Global 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

  

Companies Covered

Microsoft, Thales, AWS, NEC, Megvii, Facephi, Herta Security, IDEMIA, Aware, Dao

  
 
 
 
 

Global AI Facial Recognition Market: Regional Coverage

Regional Scope

North America

U.S

Canad

Mexic

Western Europe

U

German

Franc

Ital

Spai

Benelu

Nordic

Rest of Western Europ

Eastern Europe

Russi

Polan

Rest of Eastern Europ

Asia Pacific

Japa

Australi

Chin

South Kore

Indi

Malaysi

Hong Kon

Indonesi

New Zealan

Rest of Asia Pacifi

Thailan

Vietna

Philippine

Taiwa

Singapor

Latin America

Brazi

Per

Colombi

Chil

Rest of Latin Americ

MEA

Israe

South Afric

Saudi Arabi

United Arab Emirate

Qata

Kuwai

Oma

Turke

Nigeri

Keny

Zimbabw

Rest of ME


*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]