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Publication: May 2024
Report Type: Niche Report
Report Format: PDF DataSheet
Report ID: AI42263 
  Pages: 110+  

Singapore 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  | 

Singapore AI Facial Recognition Market Snapshot

Singapore AI Facial Recognition Market

  • Revenue expectations for the Singapore AI facial recognition market in 2024 stand at US$ 115.0 Million, alongside a forecasted Compound Annual Growth Rate (CAGR) of 7.8% from 2024 to 2032.
  • The Singapore AI facial recognition industry recorded US$ 96.4 Million in 2023.
  • Categorized as hardware, this predominant segment is forecasted to emerge with a market worth of US$ 95.0 Million by 2032.
  • Projections suggest that the IT and Telecom end user will account for 45.3% of the total revenue in the Singapore AI facial recognition market by 2032.

Singapore 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]