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South Africa Artificial Intelligence Market Size | 2019-2032

South Africa Artificial Intelligence Market Analysis, Size, and Forecast by Type, Deployment Model, Industry, and Organization Size: 2019-2032

Report Format:     | Pages: 110+
Type: Parent Industry Monitor | ID: AI42734  | Publication: July 2024  |  US$745  |  

South Africa Artificial Intelligence Market Growth and Performance

South Africa Artificial Intelligence Market

  • The South Africa artificial intelligence market is poised to achieve US$ 36.91 Billion in revenue by 2032, driven by an anticipated Compound Annual Growth Rate (CAGR) of 35.8% from 2024 to 2032.
  • Industry analysts predict that in South Africa, the primary segment by type, is set to be generative ai, boasting a market value of US$ 9.93 Billion by 2032.
  • When considering end users, it's projected that 35.1% of the total market size in the artificial intelligence market in South Africa will be attributed to IT and Telecom end user by 2032.
  • Industry specialists anticipate that throughout the forecast period, the Healthcare sector will undergo the most rapid expansion in terms of revenue generation, with a 38.1% Compound Annual Growth Rate (CAGR).

South Africa Artificial Intelligence Market Scope

Analysis Period

2019-2032

Actual Data

2019-2023

Base Year

2023

Estimated Year

2024

CAGR Period

2024-2032
 

Research Scope

Type

AI Robotics

Autonomous & Sensor Technology

AI Computer Vision

Generative AI

Machine Learning

Natural Language Processing

Deployment Model

On-premise

Cloud-based

Hybrid

Industry

IT and Telecom

Media and Entertainment

Energy and Power

Transportation and Logistics

Healthcare

BFSI

Retail

Manufacturing

Public Sector

Other

Organization Size

Large Enterprises

Mid Enterprises

Small Enterprises
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