Personalized and real-time image captioning enhances user experience by adapting captions to preferences and delivering dynamic descriptions for changing content. Personalized systems leverage user profiles, fine-tune models on specific data, and incorporate feedback loops or natural language understanding for tailored outputs, benefiting accessibility tools, e-commerce, and social media. Real-time captioning uses low-latency models, temporal analysis, event detection, and multimodal inputs to generate fast, accurate captions for videos, live streams, and dynamic environments like surveillance or education. While challenges like privacy, scalability, and latency persist, advancements in ethical AI and optimized architectures promise seamless and user-centric solutions.