How Is the AI-Based Fever Detection Camera Market Expected To Grow Through 2023-2032?
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
According to The Business Research Company’s AI-Based Fever Detection Camera Global Market Report 2023, The global AI-based fever detection camera market is expected to grow from $1.97 billion in 2022 to $2.15 billion in 2023 at a compound annual growth rate (CAGR) of 8.8%. The artificial intelligence-based fever detection market is expected to reach $2.97 billion in 2027 at a CAGR of 8.4%.
North America held the largest AI-based fever detection camera market share, and Asia-Pacific was the fastest-growing region in 2022.
AI-Based Fever Detection Camera Market Driver
The rapid spread of COVID-19 is expected to propel the growth of the AI-based fever detection camera market going forward. COVID-19es are a family of ribonucleic acid (RNA) viruses that can cause various illnesses in animals and humans. AI-based fever detection cameras quickly and non-invasively screen individuals for elevated body temperatures, which may indicate the presence of a fever. For instance, in July 2023, according to a report issued by the World Health Organization, a Switzerland-based organization for international public health, the number of confirmed COVID-19 cases globally increased to 44,240,881 million in December 2021 compared to 10,448,410 million in December 2020. Therefore, the rapid spread of COVID-19es is driving the growth of the AI-based fever detection camera market.
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Key AI-Based Fever Detection Camera Market Segments
The global AI-based fever detection camera market is segmented –
1) By Component: Hardware, Software, Services
2) By Type: Turret Or Bullet Cameras, Handheld Cameras
3) By Resolution: High Resolution Camera, Medium Resolution Camera, Low Resolution Camera
4) By End-User: Airports, Hospitals, Public Places, Enterprises Or Factories, Banks, Other End-Users
AI-Based Fever Detection Camera Market Prominent Players
Major players in the artificial intelligence-based fever detection camera market are Panasonic Corporation, Toshiba Corporation, NEC Corporation, Baidu Inc., Hangzhou Hikvision Digital Technology Co. Ltd., Zhejiang Dahua Technology Co. Ltd., VVDN Technologies, Axis Communications AB, Altoros Systems, Wuhan Guide Infrared Co. Ltd., Nippon Avionics Co. Ltd., Thermoteknix Systems Ltd., Mantra Softech (India) Pvt. Ltd., Vantage Integrated Security Solutions Pvt. Ltd., Vehant Technologies Pvt. Ltd., Scylla Technologies Inc., Opgal, Kogniz Inc., AnyConnect Private Limited, Megvii Technology Limited, Seek Thermal Inc., Miso Robotics Inc., Viper Imaging LLC, Athena Security Inc., KroniKare Pte. Ltd., and IP Video Market Info Inc.
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Prominent AI-Based Fever Detection Camera Market Trend
Technological advancements are a key trend gaining popularity in the AI-based fever detection camera market. Major companies operating in AI-based fever detection cameras are introducing innovative solutions to sustain their position in the market. For instance, in December 2021, Konica Minolta Inc., a Japan-based technology company that offers technological instruments related to AI, imaging-IoT, and visual, introduced the FORXAI Temperature Monitoring App (TMA), a temperature monitoring solution for storing and managing temperature data recorded continuously by an edge thermal camera. This system facilitates the use of AI through the FORXAI imaging IoT platform. It makes it possible to measure body surface temperature using a thermal camera and detect and notify individuals suspected of having a fever.
The AI-Based Fever Detection Camera Global Market Report 2023 provides comprehensive insights on the AI-based fever detection camera market size, trends and drivers, opportunities, strategies, and competitor analysis. The countries covered in the AI-based fever detection camera market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
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