Indonesia AI Image Recognition Market | Analysis 2019-2032

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

Report Format:     | Pages: 110+
Type: Niche Industry Monitor | ID: AI42315  | Publication: May 2024  |  US$925  |  

Indonesia AI Image Recognition Market Snapshot

Indonesia AI Image Recognition Market


  • The Indonesia AI image recognition market is poised for significant growth, with forecasted revenue reaching US$ 60.4 Million by 2023. This growth trajectory is further supported by an expected Compound Annual Growth Rate (CAGR) of 19.0% 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$ 159.5 Million by 2032.
  • Regarding end users, our forecasts indicate that 35.5% of the total market size in the Indonesia AI image recognition market will be contributed by IT and Telecom end user by 2032.
  • Throughout the forecast period, we anticipate that the transportation and logistics sector will experience the most rapid expansion in terms of revenue generation, with a 20.1% CAGR.

Indonesia AI Image 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

Deep Learning and Neural Networks

Traditional Computer Vision

Image Recognition Software

Functionality

General-Purpose Image Recognition

Specialized Image Recognition

Real-time Image Recognition

Batch Image 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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