U.S. AI Facial Recognition Market | Analysis 2019-2032

U.S. 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: AI42226  | Publication: May 2024  |  US$925  |  

U.S. AI Facial Recognition Market Snapshot

U.S. AI Facial Recognition Market


  • In 2024, the U.S. AI facial recognition market is expected to achieve a market revenue of US$ 1.87 Billion.
  • This market is projected to register a compound annual growth rate (CAGR) of 9.0% from 2024 to 2032, resulting in a forecasted market value of US$ 3.73 Billion by the end of 2032.
  • When compared at a segmental level, in the US, hardware segment is expected to generate the highest revenue in 2024.
  • In the US AI facial recognition market, the largest end user sector will be IT and Telecom, with a total market value of US$ 339.8 Million in 2024.

U.S. 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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