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India AI Computer Vision Market Size | 2019-2032

India AI Computer Vision Market Analysis, Size, and Forecast by Type, Component, Deployment Model, and End User Industry: 2019-2032

Report Format:     | Pages: 110+
Type: Niche Industry Monitor | ID: AI42394  | Publication: June 2024  |  US$925  |  

India AI Computer Vision Market Snapshot

India AI Computer Vision Market

  • 2023 saw the India AI computer vision market size rose to US$ 440.4 Million, marking a 28.1% YoY growth.
  • DataCube Research foresees, the AI computer vision market in India is set to make significant strides on the global stage, with projected revenue reaching US$ 2.59 Billion by 2032. Moreover, our analysis indicates a promising trajectory, an anticipated CAGR of 21.0% from 2024 to 2032.
  • Within the Indian AI computer vision market, our research highlights the dominance of the speech recognition segment, which claimed the largest market share of 40.9% in 2023. This underscores the segment's robust position and potential for continued growth.
  • In our projections, we also pay close attention to end user dynamics. We anticipate the healthcare sector to emerge as a key driver of growth, expanding with a fastest CAGR of 22.3% during the forecast period spanning 2024 to 2032.

India AI Computer Vision Industry Coverage

Analysis Period

2019-2032

Actual Data

2019-2023

Base Year

2023

Estimated Year

2024

CAGR Period

2024-2032
 

Research Scope

Type

Facial Recognition

Image Recognition

Speech Recognition

Component

Hardware

Software

Services

Deployment Model

Cloud-based

On-premise

End User Industry

BFSI

Energy and Power

Healthcare

IT and Telecom

Manufacturing

Media and Entertainment

Other

Public Sector

Retail

Transportation and Logistics
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