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Publication: May 2024
Report Type: Sub-Tracker
Report Format: PDF DataSheet
Report ID: AI42312 
  Pages: 110+  

India AI Image Recognition Market Analysis, Size, and Forecast by Component, Deployment Model, Technology, Functionality, and End Users: 2019-2032

Report Format: PDF DataSheet |   Pages: 110+  

 May 2024  | 

India AI Image Recognition Market Snapshot

India AI Image Recognition Market

  • DataCube Research foresees the India AI image recognition market making significant strides on the global stage, with projected revenue reaching US$ 208.4 Million by 2024. Moreover, our analysis indicates a promising trajectory, an anticipated CAGR of 21.4% from 2024 to 2032 to reach US$ 980.0 Million by 2032.
  • Within the Indian AI image recognition market, our research highlights the dominance of the software segment, which claimed the largest market share of 42.1% 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 transportation and logistics sector to emerge as a key driver of growth, expanding with a fastest CAGR of 22.5% during the forecast period spanning 2024 to 2032.

India AI Image 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

Deep Learning and Neural Network

Traditional Computer Visio

Image Recognition Softwar

Functionality

General-Purpose Image Recognitio

Specialized Image Recognitio

Real-time Image Recognitio

Batch Image Recognitio

End Users

IT and Telecom

Media and Entertainment

Energy and Power

Transportation and Logistics

Healthcare

BFSI

Retail

Manufacturing

Public Sector

Other
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*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]