The global ai sensor market size is expected to reach USD 87,750.48 million by 2032, according to a new study by Polaris Market Research. The report “AI Sensor Market with Recession Impact by Sensor Type (Motion, Pressure, Temperature, Optical, Position, others); by Application; by Type; by Technology and Region - Global Forecast 2023 to 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The accelerated urbanization and digitalization have a significant effect on the creation of smart infrastructure. Edge computing is a crucial technology that is being utilized more and more in smart infrastructure. It enables real-time data handling and analysis for smart sensors and other IOT devices. Edge computing processes data close to the source, reducing latency while increasing dependability and system efficiency.
As a consequence of the expanding urban population and the quickening urbanization process, there is a greater need for more sustainable and functional infrastructure solutions.
AI has proven to be a crucially innovative aspect of the coming digital era. Tech behemoths like International Business Machines Corporation, Facebook, Apple Inc., Google LLC, AWS, and Microsoft are generously funding the creation of AI. These companies are working to make AI more applicable to commercial use cases. Additionally, a lot of companies use AI technology to provide better client service.
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The pandemic has emerged as a chance for AI-enabled computer systems to fight the outbreak as several tech juggernauts and start-ups started working on preventing, mitigating, and containing the virus. For instance, a diagnostic algorithm has been developed by the Damo Academy study centre of Chinese tech giant Alibaba to identify new coronavirus cases using the chest CT (Computerized Tomography) scan. In June 2020, Lunit developed an AI system for the analysis of chest X-rays to facilitate the administration of COVID-19.
AI Sensor Market Report Highlights
Polaris Market Research has segmented the AI Sensor Market report based on sensor type, application, type, technology and region:
AI Sensor, Type Outlook (Revenue - USD Million, 2019 - 2032)
AI Sensor, Application Outlook (Revenue - USD Million, 2019 - 2032)
AI Sensor, Type Outlook (Revenue - USD Million, 2019 - 2032)
AI Sensor, Technology Outlook (Revenue - USD Million, 2019 - 2032)
AI Sensor, Regional Outlook (Revenue - USD Million, 2019 - 2032)