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Middle East and Africa AI in Computer Vision Market Increasing Demand Due to COVID-19 Including Top Players Profiles like 1.6 Xilinx, Inc., Microsoft Corporation, Nvidia Corporation, Qualcomm Incorporated, Teledyne Technologies, Inc, etc.

06-15-2021 01:21 PM CET | IT, New Media & Software

Press release from: Business Market Insights

Middle East & Africa AI in Computer Vision Market

Middle East & Africa AI in Computer Vision Market

The AI in computer vision market in MEA is expected to grow from US$ 310.71 million in 2019 to US$ 5,210.41 million by 2027; it is estimated to grow at a CAGR of 43.2% from 2020 to 2027.

The Business Market Insights provides you regional research analysis on “Middle East & Africa AI in Computer Vision Market” and forecast to 2027. The research report provides deep insights into the regional market revenue, parent market trends, macro-economic indicators, and governing factors, along with market attractiveness per market segment. The report provides an overview of the growth rate of the Middle East & Africa AI in Computer Vision market during the forecast period, i.e., 2020–2027.

Get Sample Copy of this Middle East & Africa AI in Computer Vision market research report at - https://www.businessmarketinsights.com/sample/TIPRE00022107

MEA AI in Computer Vision Market - Company Profiles

1.6 Xilinx, Inc.
General Electric Company
Intel Corporation
Microsoft Corporation
Nvidia Corporation
Qualcomm Incorporated
Teledyne Technologies, Inc

The UAE is the most advanced country in this region, and its government is focusing on exploiting several technologically advanced solutions to uplift the country’s overall production cMEAity. Along with the increasing acceptance toward innovative technologies in this region, the adoption of advanced technological solutions in the production facilities is also growing, which is encouraging various new players to invest in this market.

The recent decision (August 2019) to open an office in Dubai by Singapore-based artificial intelligence start-up Taiger highlights the increasing use of artificial intelligence in the Middle East and the adoption rate of the same across the United Arab Emirates in particular. Drawn by the depth of the UAE's smart-city initiatives—in particular, Smart Dubai—move Taiger's is on the heels of closing a US$25 million funding round that boosted the company's $110 million valuation.

Thus, the rising investment by both local and big players in technologically advanced solutions is expected to fuel the growth of the AI in computer vision market across the region. Also, manufacturing sector witnessing high adoption of AI in computer vision technology is a major factor driving the MEA AI in computer vision market.

MEA AI in Computer Vision Market - By Component

Software
Hardware

MEA AI in Computer Vision Market - By End-User

Sports and Entertainment
Robotics and Machine Vision
Security and Surveillance
Government and Defense
Others

MEA AI in Computer Vision Market - By Country

Saudi Arabia
South Africa
UAE
Rest of MEA

The study conducts SWOT analysis to evaluate strengths and weaknesses of the key player in the Middle East & Africa AI in Computer Vision market. Further, the report conducts an intricate examination of drivers and restraints operating in the market. The report also evaluates the trends observed in the parent market, along with the macro-economic indicators, prevailing factors, and market appeal with regard to different segments. The report predicts the influence of different industry aspects on the Middle East & Africa AI in Computer Vision market segments and regions.

Order a Copy of this Middle East & Africa AI in Computer Vision market research report at – https://www.businessmarketinsights.com/buy/single/TIPRE00022107

The research on the Middle East & Africa AI in Computer Vision market focuses on mining out valuable data on investment pockets, growth opportunities, and major market vendors to help clients understand their competitor’s methodologies. The research also segments the Middle East & Africa AI in Computer Vision market on the basis of end user, product type, application, and demography for the forecast period 2020–2027. Comprehensive analysis of critical aspects such as impacting factors and competitive landscape are showcased with the help of vital resources, such as charts, tables, and infographics.

This report strategically examines the micro-markets and sheds light on the impact of technology upgrades on the performance of the Middle East & Africa AI in Computer Vision market.

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Business Market Insights
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E-Mail ID: sales@businessmarketinsights.com
Web URL: https://www.businessmarketinsights.com/
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About Us:
Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics; Semiconductor; Aerospace; Defense; Automotive; Transportation; Energy; Power; Healthcare; Manufacturing; Construction; Food; Beverages; Chemicals; Materials; and Technology, Media; Telecommunications.

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