IMARC Group, a leading market research company, has recently releases report titled “AI-Based Fever Detection Camera Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032,” The study provides a detailed analysis of the industry, including the global AI-based fever detection camera market share, size, trends, and growth forecast. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
How big is the AI-based fever detection camera market?
The global AI-based fever detection camera market size reached US$ 1.88 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 3.79 Billion by 2032, exhibiting a growth rate (CAGR) of 8.10% during 2024-2032.
Factors Affecting the Growth of the AI-Based Fever Detection Camera Industry:
Ongoing COVID-19 Pandemic:
The ongoing COVID-19 pandemic has fundamentally increased the demand for AI-based fever detection cameras as essential tools in combating the spread of the virus. These cameras offer a quick, efficient, and no-contact means of detecting elevated body temperatures, a common symptom of the virus, thereby enabling early isolation of affected individuals and reducing the risk of contagion. Their deployment in high-traffic areas like airports, schools, and shopping centers helps in screening large populations swiftly, thus playing a crucial role in maintaining public health safety and reassuring the population during these challenging times.
Advancements in Artificial Intelligence (AI) and Machine Learning (ML):
The accuracy and reliability of fever detection cameras have significantly improved due to advancements in AI and machine learning algorithms. These technologies enable the cameras to differentiate between natural body temperature fluctuations and genuine fever symptoms accurately. Enhanced AI algorithms can also adjust for environmental factors and minimize false positives, making the technology more dependable for widespread use. The continuous improvement in AI capabilities ensures that these systems can deliver swift and precise assessments, crucial for effective fever screening in busy public spaces.
Integration of IoT and Cloud Technologies:
The integration of the Internet of Things (IoT) and cloud technologies with fever detection cameras marks a pivotal advancement. This integration allows for the seamless collection, storage, and analysis of temperature data in real-time, facilitating immediate response and remote monitoring capabilities. Health officials and organizations can access the data from anywhere, enabling swift decision-making and potentially saving lives by preventing virus spread. Moreover, this technology supports the aggregation of data over time, providing valuable insights for pandemic tracking, trend analysis, and informed public health decisions.
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AI-Based Fever Detection Camera Market Report Segmentation:
Breakup By Type:
- Turret or Bullet Cameras
- Handheld Cameras
Turret or bullet cameras likely represented the largest segment in the AI-based fever detection camera market due to their versatile design, which allows for easy installation and optimal coverage, making them highly suitable for effective temperature screening in varied settings.
Breakup By End User:
- Airports
- Hospitals
- Public Places
- Enterprises or Factories
- Banks
- Others
Airports represented the largest segment by end-user in the AI-based fever detection camera market because they are critical transit points with high foot traffic, necessitating advanced fever screening solutions to prevent the spread of infectious diseases and ensure passenger safety.
Breakup By Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
North America was the largest market by region for AI-based fever detection cameras, likely due to the region’s quick adoption of advanced technologies, well-established healthcare infrastructure, and stringent public health policies aiming to enhance epidemic preparedness and response.
Global AI-Based Fever Detection Camera Market Trends:
The global AI-based fever detection camera market is experiencing significant growth, driven by the ongoing COVID-19 pandemic has elevated demand for contactless health monitoring, positioning these cameras as essential tools for mass screening. Moreover, advancements in AI and machine learning algorithms have enhanced the accuracy and reliability of fever detection, making these cameras more trustworthy, which is boosting the market growth. Furthermore, the integration of IoT and cloud technologies enables real-time data analysis and remote monitoring, expanding their application scope. Apart from this, the growing public and private sector investment in healthcare infrastructure is accelerating the deployment of these cameras, which is supporting the market growth.
Who are the key players operating in the industry?
The report covers the major market players including:
- Altoros
- Amcrest
- AnyConnect Private Limited
- Megvii
- Prisma Byte Sdn Bhd
- VMukti Solutions Pvt. Ltd
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