Singapore AI Image Recognition Market | Analysis 2019-2032

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

Report Format:     | Pages: 110+
Type: Niche Industry Monitor | ID: AI42542  | Publication: June 2024  |  US$925  |  

Singapore AI Image Recognition Market Snapshot

Singapore AI Image Recognition Market


  • Revenue expectations for the Singapore AI image recognition market in 2024 stand at US$ 217.7 Million, alongside a forecasted Compound Annual Growth Rate (CAGR) of 12.6% from 2024 to 2032.
  • The Singapore AI image recognition industry recorded US$ 178.8 Million in 2023.
  • Categorized as software, this predominant segment is forecasted to emerge with a market worth of US$ 253.2 Million by 2032.
  • Projections suggest that the IT and Telecom end user will account for 43.9% of the total revenue in the Singapore AI image recognition market by 2032.

Singapore AI Image 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

Deep Learning and Neural Networks

Traditional Computer Vision

Image Recognition Software

Functionality

General-Purpose Image Recognition

Specialized Image Recognition

Real-time Image Recognition

Batch Image 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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