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Indonesia AI Facial Recognition Market | Analysis 2019-2032

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

Report Format:     | Pages: 110+
Type: Niche Industry Monitor | ID: AI42257  | Publication: May 2024  |  US$745  |  

Indonesia AI Facial Recognition Market Snapshot

Indonesia AI Facial Recognition Market

  • The Indonesia AI facial recognition market is poised for significant growth, with forecasted revenue reaching US$ 34.3 Million by 2023. This growth trajectory is further supported by an expected Compound Annual Growth Rate (CAGR) of 14.6% from 2024 to 2032.
  • In Indonesia, our projections suggest that the leading segment by component, will be software, projected to attain a market value of US$ 51.6 Million by 2032.
  • Regarding end users, our forecasts indicate that 37.1% of the total market size in the Indonesia AI facial recognition market will be contributed by IT and Telecom end user by 2032.
  • Throughout the forecast period, we anticipate that the healthcare sector will experience the most rapid expansion in terms of revenue generation, with a 16.0% CAGR.

Indonesia 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
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