x
  • Search Result for

Publication: May 2024
Report Type: Niche Report
Report Format: PDF DataSheet
Report ID: AI42299 
  Pages: 110+  

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

Report Format: PDF DataSheet |   Pages: 110+  

 May 2024  | 

Nigeria AI Facial Recognition Market Snapshot

Nigeria AI Facial Recognition Market

  • By 2024, revenue in the Nigeria AI facial recognition market is expected to reach US$ 23.7 Million, with a forecasted Compound Annual Growth Rate (CAGR) of 13.0% from 2024 to 2032.
  • Nigeria IT and Telecom sector was valued at US$ 8.8 Million in 2023.
  • By component, the preeminent segment is expected to be software, with a market valuation of US$ 26.7 Million in 2032.
  • It's projected that 42.8% of the total revenue in the Nigeria AI facial recognition market will be attributed to IT and Telecom end user by 2032.

Nigeria AI Facial 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

Object Recognitio

Facial Recognitio

Optical Character Recognition (OCR

Pattern Recognitio

Action 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]