Western Europe AI Computer Vision Market Size | 2019-2032

Western Europe AI Computer Vision Market Size and Forecast by Type, Component, Deployment Model, End User Industry, and Country: 2019-2032

| SINGLE USER: 2,690 US$ 1,345

| MULTI USER 3,290 US$ 1,645

| ENTERPRISE USER 3,890 US$ 1,945

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June 2024

Western Europe AI Computer Vision Market

In 2023, the Western Europe AI computer vision market was valued at US$ 4.89 Billion, reflecting a year-on-year growth rate of 14.6%.
By the end of 2032, the Western Europe AI computer vision market size is forecast to reach US$ 11.82 Billion, registering a CAGR of 9.8% during the forecast period.
In 2032, the speech recognition segment is projected to experience a significant upsurge in market revenue, reaching US$ 5.53 Billion. This segment is likely to be the largest segment, with 46.1% market share.
In terms of spending on associated solutions and services, IT and telecom sector dominated the AI computer vision market in Western Europe in 2023.

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
Deployment Model	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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