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:
Computer vision systems are those systems which can see and understand the world around it just as humans; those are the computer capable of understanding digital image and videos. This is possible due to advancement in technology of vision systems, artificial intelligence and computational power. The fundamental principles used in the systems are data or image acquisition, data or image processing and data or image classification. Data acquired can be in the form of images or videos which are captured using high definition cameras, smart cameras, sensors among others. Data processing is done through various trained models of machine learning algorithms, deep learning algorithms and AI algorithms. It can be used for abundant applications such as object detection, facial recognition, pattern detection among others in various verticals such as automotive, manufacturing, healthcare, financial services, and agriculture among others.
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 Country Level Analysis
Middle East & Africa computer vision market is analysed and market size information is provided by country, component, application, vertical, and product.
The countries covered in Middle East & Africa Computer Vision Market report are Saudi Arabia, U.A.E., Israel, South Africa, Egypt and rest of Middle East and Africa.
Saudi Arabia dominates the computer vision market owing to various factors like growing demands for identification verification and demand for augmented reality.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of Middle East & Africa brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
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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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