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Singapore AI Facial Recognition Market | Analysis 2019-2032

Singapore 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: AI42263  | Publication: May 2024  |  US$745  |  

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

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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