#SaudiArabiaMarket

[blueweave]

 Saudi Arabia Image Recognition Market size by value at USD 222.6 million in 2023. During the forecast period between 2024 and 2030, BlueWeave expects Saudi Arabia Image Recognition Market size to expand at a robust CAGR of 17.60% reaching a value of USD 818.3 million in 2030. Saudi Arabia Image Recognition Market is propelled by its expanding applications in retail, healthcare, and automotive sectors. Heightened emphasis on security and surveillance, augmented reality, and virtual reality for enhanced customer experiences drives growth. The Saudi Government’s initiatives, such as Saudi Vision 2030, aimed at fostering digital transformation, play a pivotal role. Moreover, increasing smartphone penetration and advancements in AI and machine learning technologies further boost market expansion.

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Opportunity – Deepening Smartphone Penetration

Growing use of smartphones is a significant growth driver for Saudi Arabia Image Recognition Market. As more consumers and businesses adopt smartphones, there is an increasing demand for applications utilizing image recognition technology. This trend fuels market expansion by integrating image recognition capabilities into mobile apps for various purposes such as augmented reality, facial recognition for security, and visual search. The accessibility and widespread use of smartphones enhance the deployment and usability of image recognition solutions across diverse sectors, contributing to market growth in Saudi Arabia.

[quantummf]

How Saudi Arabia crashed the oil market

Mr. Ajit Dayal speaks on  the recent drop in oil price and the possible Geo political reasons behind it. He further explains the consequences it can have on the Indian economy. To Watch the full video please click on the following link: https://www.youtube.com/watch?v=Ah4hXQ_jktk www.Quantumamc.com