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Publication: May 2024
Report Type: Niche Report
Report Format: PDF DataSheet
Report ID: AI42313 
  Pages: 110+  

Malaysia 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  | 

Malaysia AI Image Recognition Market Snapshot

Malaysia AI Image Recognition Market

  • The revenue forecast for the Malaysia AI image recognition market in 2024, stands at an estimated US$ 49.1 Million.
  • Furthermore, projections indicate that the market is poised for sustained growth, with an anticipated annual growth rate of 18.8% from 2024 to 2032, as denoted by the Compound Annual Growth Rate (CAGR).
  • In terms of market segmentation, software emerges as the dominant segment, commanding a market value of US$ 23.0 Million in 2024.
  • Additionally, by 2024, IT and telecom vertical is predicted to play a significant role, contributing 33.9% of the total revenue in the Malaysia AI image recognition market.

Malaysia 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


*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]