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Nigeria Artificial Intelligence Market Size | 2019-2032

Nigeria Artificial Intelligence Market Analysis, Size, and Forecast by Type, Deployment Model, Industry, and Organization Size: 2019-2032

Report Format:     | Pages: 110+
Type: Parent Industry Monitor | ID: AI42741  | Publication: July 2024  |  US$745  |  

Nigeria Artificial Intelligence Market Growth and Performance

Nigeria Artificial Intelligence Market

  • By 2032, revenue in the Nigeria artificial intelligence market is expected to reach US$ 23.44 Billion, with a forecasted Compound Annual Growth Rate (CAGR) of 39.5% from 2024 to 2032.
  • By type, the preeminent segment is expected to be generative ai, with a market valuation of US$ 8.85 Billion in 2032.
  • Among various end users in Nigeria, IT and Telecom sector was valued at US$ 392.0 Million in 2023.
  • Further, it's projected that 40.3% of the total revenue in the Nigeria artificial intelligence market will be attributed to IT and Telecom end user by 2032.

Nigeria Artificial Intelligence Market Scope

Analysis Period

2019-2032

Actual Data

2019-2023

Base Year

2023

Estimated Year

2024

CAGR Period

2024-2032
 

Research Scope

Type

AI Robotics

Autonomous & Sensor Technology

AI Computer Vision

Generative AI

Machine Learning

Natural Language Processing

Deployment Model

On-premise

Cloud-based

Hybrid

Industry

IT and Telecom

Media and Entertainment

Energy and Power

Transportation and Logistics

Healthcare

BFSI

Retail

Manufacturing

Public Sector

Other

Organization Size

Large Enterprises

Mid Enterprises

Small Enterprises
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