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Publication: May 2024
Report Type: Niche Report
Report Format: PDF DataSheet
Report ID: AI42283 
  Pages: 160+  

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

Report Format: PDF DataSheet |   Pages: 160+  

 May 2024  | 

Latin America AI Image Recognition Market Snapshot

Latin America AI Image Recognition Market

  • The Latin America AI image recognition market is anticipated to witness substantial growth, with projected revenue reaching US$ 293.4 Million by the end of 2024.
  • The Latin America AI image recognition industry is poised to experience a CAGR of 15.7% throughout the forecast period to amount to USD 942.8 Million by 2032.
  • In the Latin America, the transportation and logistics sector is emerging as a leader in the AI image recognition market, with a healthy CAGR.
  • In comparison to other countries, AI image recognition market in Brazil is expected to generate the highest revenue in 2024.

Latin America 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

Latin America AI Image Recognition Market: Country Coverage

Countries Covered

Latin America

Brazi

Per

Colombi

Chil

Rest of Latin Americ


*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]