Being a proficient and all-inclusive Middle East and Africa Computer Vision Market report puts a light on primary and secondary drivers, market share, leading segments, possible sales volume, and geographical analysis. This market research report is a significant source of information about the industry, important facts and figures, expert opinions, and the newest developments across the globe. This report has reviews about key players in the market, major collaborations, merger and acquisitions along with trending innovation and business policies.
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Middle East & Africa computer vision market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 4.6 % in the forecast period of 2021 to 2028 and expected to reach USD 1,730.38 million by 2028. Growing demand for identification verification and rising demand for augmented reality can act as a major factor for the growth of the market.
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Market Overview:
This computer vision market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
The major players covered in the report are Cognex Corporation, Teledyne Technologies Incorporated, Texas Instruments Incorporated, Intel Corporation, ISRA VISION AG, SICK AG, JAI A/S, SONY CORPORATION, CEVA, Inc., Synopsys, Inc., KEYENCE CORPORATION, Cadence Design Systems, Inc., and NATIONAL INSTRUMENTS CORP., among others. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately. Many product developments are also initiated by the companies worldwide which are also accelerating the growth of Middle East & Africa computer vision market.
Middle East & Africa Computer Vision Market Scope and Market Size
Middle East & Africa Computer Vision market is segmented on the basis of component, application, vertical, and product. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
On the basis of component, the Middle East & Africa computer vision market is segmented into hardware and software. In 2021, hardware holds the major share in the market owing the factors like growing adaptation for AI using computer vision system. The components such as cameras, lighting, optics, lens, frame grabbers are the essential hardware components required for computer vision. These components are used by AI based computer vision system which is used across various industries in Middle East.
On the basis of application, the Middle East & Africa computer vision market has been segmented into predictive maintenance, identification, positioning & guidance, quality assurance & inspection. In 2021, quality assurance & inspection holds the maximum share in the market due to factors such as growing demand for identity verification, object detection, classification, error detection, defect detection among others in various industries such as healthcare, agriculture among others in countries like U.A.E. and Egypt.
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TABLE OF CONTENTS
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Research Methodology
Part 04: Market Landscape
Part 05: Pipeline Analysis
Part 06: Market Sizing
Part 07: Five Forces Analysis
Part 08: Market Segmentation
Part 09: Customer Landscape
Part 10: Regional Landscape
Part 11: Decision Framework
Part 12: Drivers and Challenges
Part 13: Market Trends
Part 14: Vendor Landscape
Part 15: Vendor Analysis
Part 16: Appendix
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