Fake Image Detection Market Future Prospect
The fake image detection market size is expected to grow from an estimated USD 712.2 million in 2024 to USD 5,811.9 million by 2030, with a compound annual growth rate (CAGR) of 41.9% during 2024–2030. Fake images are manipulated pictures, characterized by high realism, swapped faces, altered backgrounds, forged signatures and company names, and many more types of modifications.
The market is growing with the advancement in artificial intelligence and machine learning, which have spawned hundreds of images manipulation apps. These platforms are easily available and are being used to generate fake images, which are generally used for fraud, cybercrime, and blackmailing.
Such photos are also widely used for misleading news, provocative journalism, political agendas, celebrity defamation, spurious professional photography, and many other reasons. Therefore, there are many opportunities for the fake image detection market to grow around the world. Furthermore, with the advancing technology, image altering applications are also improving, which is why the players need to continuously acquire enhanced technologies too.