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

  May 2024   | Format: PDF DataSheet |   Pages: 110+ | Type: Sub-Industry Report |   

 

Philippines AI Image Recognition Market Snapshot

Philippines AI Image Recognition Market

  • Revenue in the Philippines AI image recognition market is estimated to amount to US$ 34.8 Million by 2024. The market is anticipated to grow at a CAGR of 13.2% from 2024 to 2032.
  • In component, the leading segment is projected to be the software with a market value of US$ 46.4 Million by 2032.
  • In the Philippines AI image recognition market, 38.6% of total revenue will be contributed by the IT and Telecom end user by 2032.
  • The transportation and logistics sector is projected to emerge as fastest growing segment with 14.2% CAGR, in terms of revenue generation during the forecast period.

Philippines 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]

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