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Vietnam AI Facial Recognition Market | Analysis 2019-2032

Vietnam 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: AI42260  | Publication: May 2024  |  US$925  |  

Vietnam AI Facial Recognition Market Snapshot

Vietnam AI Facial Recognition Market

  • Vietnam AI facial recognition market is expected to witness substantial growth in the coming years, expanding at a CAGR of 11.49 % from 2024 to2032, to achieve market value of US$ 33.8 Million by 2032.
  • The cloud-based segment stood at US$ 6.3 Million in 2023.
  • Among the different segments within the AI facial recognition market, the IT and Telecom segment is estimated to be the largest end user in the Vietnam, with market value of US$ 5.6 Million in 2024.
  • By end user, the healthcare sector to remain fastest growing segment in the Vietnam AI facial recognition market throughout the forecast period, with 12.8% CAGR.

Vietnam 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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