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South Korea AI Computer Vision Market Size | 2019-2032

South Korea AI Computer Vision Market Analysis, Size, and Forecast by Type, Component, Deployment Model, and End User Industry: 2019-2032

Report Format:     | Pages: 110+
Type: Niche Industry Monitor | ID: AI42390  | Publication: June 2024  |  US$745  |  

South Korea AI Computer Vision Market Snapshot

South Korea AI Computer Vision Market

  • It's evident that the South Korea AI computer vision market is on track to reach an impressive US$ 1.16 Billion in revenue by 2032.
  • This growth trajectory is underpinned by an expected Compound Annual Growth Rate (CAGR) of 11.1% from 2024 to 2032, as forecasted by DataCube Research.
  • When analysing the dynamics within South Korean AI computer vision market landscape, it becomes apparent that the speech recognition segment carries significant potential. Projections suggest that by 2032, this segment will assert its dominance, boasting a market value of US$ 576.1 Million.
  • Looking ahead, industry experts are optimistic about the future of the healthcare sector. Throughout the forecast period, this sector is anticipated to undergo the most rapid expansion in terms of revenue generation, with a 12.1% CAGR.

South Korea AI Computer Vision Industry Coverage

Analysis Period

2019-2032

Actual Data

2019-2023

Base Year

2023

Estimated Year

2024

CAGR Period

2024-2032
 

Research Scope

Type

Facial Recognition

Image Recognition

Speech Recognition

Component

Hardware

Software

Services

Deployment Model

Cloud-based

On-premise

End User Industry

BFSI

Energy and Power

Healthcare

IT and Telecom

Manufacturing

Media and Entertainment

Other

Public Sector

Retail

Transportation and Logistics
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