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AI-Based Fever Detection Camera Global Market In Depth Research with Industry Size, Share, Verticals and Forecast 2033
AI-Based Fever Detection Camera Global Market
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According to The Business Research Company's, The artificial intelligence-based fever detection camera market size has grown strongly in recent years. It will grow from $2.15 billion in 2023 to $2.33 billion in 2024 at a compound annual growth rate (CAGR) of 8.6%. The growth in the historic period can be attributed to increased focus on public health and safety, global pandemics and disease outbreaks, adoption of infrared imaging technology, growth in non-contact temperature measurement, surge in demand for remote health monitoring
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The artificial intelligence-based fever detection camera market size is expected to see strong growth in the next few years. It will grow to $3.26 billion in 2028 at a compound annual growth rate (CAGR) of 8.8%. The growth in the forecast period can be attributed to integration of fever detection in access control systems, expansion of healthcare and hospitality industries, regulatory mandates for temperature screening, adoption of fever detection cameras in transportation hubs, rise in deployment in educational institutions. Major trends in the forecast period include new innovations in portable and wearable detection devices, advances in artificial intelligence and machine learning, integration of ai for enhanced accuracy in temperature screening, technological advancements in thermal imaging cameras, development of multi-modal biometric solutions.
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Market Drivers and Trends:
The rapid spread of COVID-19es 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.
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.
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Major Key Players of the Market:
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., IP Video Market Info Inc.
AI-Based Fever Detection Camera Market 2024 Key Insights:
• The artificial intelligence-based fever detection camera market size is expected to see strong growth in the next few years. It will grow to $3.26 billion in 2028 at a compound annual growth rate (CAGR) of 8.8%.
• Rapid Spread Of Covid-19Es Fuels Ai-Based Fever Detection Cameras Market Growth
• Technological Advancements Drive Evolution In The Ai-Based Fever Detection Camera Market
• North America was the largest region in the artificial intelligence-based fever detection camera market in 2023
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