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Saudi Arabia AI Facial Recognition Market | Analysis 2019-2032

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

Report Format:     | Pages: 110+
Type: Niche Industry Monitor | ID: AI42288  | Publication: May 2024  |  US$925  |  

Saudi Arabia AI Facial Recognition Market Snapshot

Saudi Arabia AI Facial Recognition Market

  • Anticipated revenue for the Saudi Arabia AI facial recognition market in 2024 is US$ 29.6 Million, with a forecasted Compound Annual Growth Rate (CAGR) of 10.0% from 2024 to 2032.        
  • The Saudi Arabia AI facial recognition industry achieved US$ 26.7 Million in 2023.                                                  
  • In terms of component classification, the primary segment expected to lead is software, with an estimated market worth of US$ 27.3 Million by 2032.                                                               
  • IT and Telecom end user is projected to contribute 35.8% of the total revenue in the Saudi Arabia AI facial recognition market by 2032.         

Saudi Arabia AI Facial Recognition Industry Coverage

Analysis Period

2019-2032

Actual Data

2019-2023

Base Year

2023

Estimated Year

2024

CAGR Period

2024-2032
 

Research Scope

Component

Hardware

Software

Service

Deployment Model

Cloud-based

On-premise

Technology

Object Recognition

Facial Recognition

Optical Character Recognition (OCR)

Pattern Recognition

Action Recognition

End Users

IT and Telecom

Media and Entertainment

Energy and Power

Transportation and Logistics

Healthcare

BFSI

Retail

Manufacturing

Public Sector

Other
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