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Thursday, November 6, 2025

Lucintel Forecasts the Global AI Recognition Market to Grow with a CAGR of 11.4% from 2024 to 2030

According to a market report by Lucintel, the future of the global AI recognition market looks promising with opportunities in the BFSI, media & entertainment, retail & consumer goods, IT & telecom, government, healthcare, and transportation & logistic markets. The global AI recognition market is expected to grow with a CAGR of 11.4% from 2024 to 2030. The major drivers for this market are the increased demand for facial recognition and biometric security solutions, rising applications of AI recognition in autonomous vehicles and surveillance systems, and the growing adoption of AI in image and video analysis for object detection and pattern recognition.

A more than 150-page report to understand trends, opportunity and forecast in global AI recognition market to 2030 by type (software and services), application (BFSI, media & entertainment, retail & consumer goods, IT & telecom, government, healthcare, transportation & logistics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Lucintel forecasts that, within the type category software segment is expected to witness higher growth over the forecast period.

Within the application category, BFSI is expected to witness the highest growth.

Download sample by clicking on AI recognition market.

In terms of regions, APAC is expected to witness the highest growth over the forecast period.

Google, Tencent, Alibaba, Amazon, Indata Labs, Thales, Fritz AI are the major suppliers in the AI recognition market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. +1-972-636-5056

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