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tamanna31 · 1 month

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Voice And Speech Recognition Market - The Biggest Trends to watch out for 2024-2030

Voice And Speech Recognition Industry Overview

The global voice and speech recognition market size was estimated at USD 20.25 billion in 2023 and is anticipated to grow at a CAGR of 14.6% from 2024 to 2030.

The market is anticipated to be driven by technological advancements and rising adoption of advanced electronic devices. Voice-activated biometrics used for security purposes help in providing access to authenticated users for performing a transaction. The growing use of voice biometrics is among the major factors driving the market growth. The increasing demand for voice-driven navigation systems and workstations is impelling growth in the hardware and software segments. The integration of voice-enabled in-car infotainment systems is gaining popularity across the globe as several countries initiate “hands-free” regulations that govern the use of mobile phones while driving.

Gather more insights about the market drivers, restrains and growth of the Voice And Speech Recognition Market

The developers of voice and speech products are focusing on innovations, which are expected to accelerate market growth. The use of voice recognition technology in smartphones enables doctors and clinicians to translate their voice into a rich, detailed clinical description, which is recorded in the Electronic Health Record (EHR) system. The increasing penetration of voice-enabled IoT devices in smart home automation is expected to drive market growth. IoT-enabled devices would benefit several traditionally offline devices with innovative means of user interactions in addition to traditional means, such as touch screens and buttons.

Browse through Grand View Research's Next Generation Technologies Industry Research Reports.

The global unmanned surface vehicle market size was valued at USD 1,586.1 million in 2023 and is expected to grow at a CAGR of 11.9 % from 2024 to 2030.

The global military sensors market size was estimated at USD 11.40 billion in 2023 and is expected to grow at a CAGR of 6.9% from 2024 to 2030.

Key Voice And Speech Recognition Company Insights

Market vendors focus on increasing the customer base to gain a competitive edge. Therefore, key players are undertaking several strategic initiatives, such as mergers & acquisitions and partnerships. For instance, in January 2021, Yellow Messenger made a strategic alliance with Microsoft to revolutionize its voice automation offering by leveraging Azure AI Speech Services and NLP tools. This collaboration focused on developing a sophisticated voice assistant platform with advanced capabilities, including sentiment analysis, dialect comprehension, and workflow-based responses, ultimately leading to improved voice bot solutions for enterprises across industries and elevated consumer experience automation.

Industry players are heavily investing in R&D for the development of voice & speech recognition-integrated AI technology. For instance, in September 2023, Alexa Al, an intelligent voice assistant developed by Amazon, introduced generative AI in Alexa to significantly engage with technology by utilizing the capabilities of AI and speech recognition. Its advanced technology enables it to voice commands, making it an ideal companion for activities, such as scheduling reminders, managing smart home devices, and playing music. This advanced Al assistant has been incorporated into various devices, such as the Echo Dot and Amazon Echo.

Key Voice And Speech Recognition Companies:

The following are the leading companies in the voice and speech recognition market. These companies collectively hold the largest market share and dictate industry trends.

Advanced Voice Recognition Systems, Inc.

Agnitio S.L.

Amazon.com, Inc.

Api.ai

Apple, Inc.

Anhui USTC iFlytek, Ltd.

Baidu, Inc.

BioTrust ID B.V.

CastleOS Software, LLC

Facebook, Inc.

Google, Inc.

International Business Machines Corp.

Microsoft Corp.

MModal, Inc.

Nortek Holdings, Inc.

Nuance Communications, Inc.

Raytheon Company

SemVox GmbH

Sensory, Inc.

Recent Developments

In March 2023, Google AI introduced a new update to its Universal Speech Model (USM) in support of the 1,000 Languages Initiative. A universal speech model is a machine learning algorithm designed to comprehend and interpret spoken language across diverse languages and accents. The USM, a family of advanced speech models with 2 billion parameters, has been trained on an extensive dataset of 12 million hours of speech and 28 billion sentences in over 300 languages. Google claims that the USM excels in automatic speech recognition (ASR) for languages with limited resources, such as Assamese, Cebuano, Amharic, and Azerbaijani, as well as widely spoken languages like Mandarin and English

In May 2023, Apple unveiled a suite of cutting-edge cognitive accessibility features, including Live Speech, Personal Voice, and Point and Speak in Magnifier, designed to elevate usability and accessibility for individuals with disabilities. By collaborating closely with disability community groups, Apple reinforces its dedication to ensuring technology remains inclusive, making a tangible difference in the lives of its users

In October 2022, iFLYTEK Corp. introduced the Speech Translation Technology Platform for Southeast Asian Languages at the ASEAN Summit in October 2022. To access online administrative and public services, Guangxi residents can use the mobile app "Zhiguitong," which features the iFLYTEK speech translation technology for ASEAN languages. Chinese Mandarin to Lao, English, Vietnamese, Indonesian, Thai, Tamil, Malay, and Burmese instant speech translation is available

Order a free sample PDF of the Voice And Speech Recognition Market Study, published by Grand View Research.

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robjackson616-blog · 4 months

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Car Security System Market to See Revolutionary Growth:

According to HTF Market Intelligence, theGlobal Car Security System market to witness a CAGR of % during forecast period of 2024-2030. EMEA Car Security System Market Breakdown by Application (Passenger Cars, Commercial Vehicles) by Technology (Alarm Systems, Immobilizers, GPS Tracking Systems, Biometric Systems, Remote Keyless Entry (RKE)) by Distribution Channel (OEMs (Original Equipment Manufacturers), Aftermarket) by Connectivity Type (Wired Systems, Wireless Systems) and by Geography (Europe, Middle East, Africa). The Car Security System market size is estimated to increase by USD Billion at a CAGR of % from 2024 to 2030.. Currently, market value is pegged at USD Billion.

Get Detailed TOC and Overview of Report @

A car security system is a set of electronic devices and technologies designed to protect vehicles from theft, vandalism, and unauthorized access. Common components include alarms, immobilizers, GPS tracking systems, and surveillance cameras.

Some of the key players profiled in the study are Bosch (Germany), Continental AG (Germany), Valeo SA (France), Visteon Corporation (United States), Lear Corporation (United States), Hella KGaA Hueck & Co. (Germany), Denso Corporation (Japan), Delphi Technologies (United Kingdom), ZF Friedrichshafen AG (Germany), Harman International Industries, Incorporated (United States), Mitsubishi Electric Corporation (Japan). Additionally, other players that are part of this detailed analysis are TRW Automotive Holdings Corp. (United States), Omron Corporation (Japan), Autoliv Inc. (Sweden), Gentex Corporation (United States)..

Book Latest Edition of Global Car Security System Market Study @ https://www.htfmarketintelligence.com/buy-now?format=1&report=6828

About Us:

HTF Market Intelligence is a leading market research company providing end-to-end syndicated and custom market reports, consulting services, and insightful information across the globe. HTF MI integrates History, Trends, and Forecasts to identify the highest value opportunities, cope with the most critical business challenges and transform the businesses. Analysts at HTF MI focuses on comprehending the unique needs of each client to deliver insights that are most suited to his particular requirements.

Craig Francis (PR & Marketing Manager) HTF Market Intelligence Consulting Private Limited Phone: +15075562445 [email protected]

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vivekbsworld · 6 months

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Fuel Management Systems in Dubai : Enhancing Efficiency and Sustainability

Dubai, a thriving metropolis known for its innovation and advancement, places a strong emphasis on sustainability and efficiency across all sectors. In line with this vision, fuel management systems have emerged as a crucial component of Dubai’s efforts to optimize fuel usage, reduce emissions, and enhance operational efficiency in various industries. In this guide, we’ll explore the significance of fuel management systems in Dubai, their benefits, key features, and how they contribute to a more sustainable and economically viable future.

The Importance of Fuel Management Systems: Fuel management systems play a vital role in Dubai’s pursuit of sustainability and efficiency across diverse sectors, including transportation, construction, logistics, and fleet management. Here’s why they are essential:

Resource Optimization: By accurately monitoring fuel usage, identifying inefficiencies, and optimizing consumption patterns, fuel management systems help organizations maximize the utilization of resources while minimizing waste.

Cost Savings: Efficient fuel management leads to cost savings by reducing fuel consumption, minimizing fuel theft and fraud, and optimizing maintenance schedules to prolong equipment lifespan and minimize downtime.

Environmental Impact: Fuel management systems contribute to Dubai’s sustainability goals by reducing greenhouse gas emissions, air pollution, and carbon footprint associated with excessive fuel consumption and inefficient operations.

Compliance and Accountability: With robust tracking and reporting capabilities, fuel management systems enable organizations to ensure compliance with regulations, track fuel expenses accurately, and maintain transparency and accountability in fuel-related activities.

Operational Efficiency: Real-time monitoring, automated reporting, and data analytics provided by fuel management systems empower organizations to make informed decisions, streamline operations, and improve overall efficiency.

Key Features of Fuel Management Systems: Fuel management systems offer a range of features designed to streamline fuel-related processes and optimize resource utilization. Some key features include:

Real-Time Monitoring: Monitor fuel levels, consumption rates, and refueling activities in real-time using advanced sensors and telemetry devices installed on fuel tanks and vehicles.

Automated Data Collection: Automatically collect and record data related to fuel transactions, including fuel quantity, vehicle identification, driver details, and timestamps, for accurate tracking and reporting.

Remote Access and Control: Access fuel management systems remotely via web-based platforms or mobile applications to monitor operations, track assets, and manage fuel-related activities from anywhere, at any time.

Inventory Management: Maintain accurate inventory records of fuel stock levels, track deliveries, and reconcile discrepancies to ensure adequate supply and prevent stockouts or overages.

Security and Authentication: Implement robust security measures, such as user authentication, biometric verification, and tamper-proof seals, to prevent fuel theft, fraud, and unauthorized access to fueling facilities.

Reporting and Analysis: Generate comprehensive reports, charts, and analytics to analyze fuel consumption patterns, identify trends, and optimize fueling strategies for maximum efficiency and cost savings.

Implementing Fuel Management Systems in Dubai: Implementing fuel management systems in Dubai involves the following steps:

Needs Assessment: Assess the fuel management requirements and objectives of the organization, considering factors such as fleet size, fuel usage patterns, regulatory compliance, and budget constraints.

Vendor Selection: Research and select a reputable vendor or provider of fuel management systems that offers solutions tailored to the specific needs and industry requirements of Dubai.

Installation and Integration: Install fuel management hardware, such as fuel sensors, flow meters, and telemetry devices, and integrate them with software platforms or management systems for seamless data collection and analysis.

Training and Education: Provide training and support to staff members, drivers, and fueling personnel on how to use the fuel management system effectively, interpret data, and implement best practices for fuel optimization and efficiency.

Testing and Optimization: Conduct thorough testing and validation of the fuel management system to ensure functionality, accuracy, and reliability under different operating conditions. Fine-tune system settings and configurations as needed to optimize performance.

Rollout and Adoption: Roll out the fuel management system across the organization, promote its adoption among stakeholders, and monitor its effectiveness over time. Gather feedback and insights to drive continuous improvement and optimization efforts.

Conclusion: Fuel management systems play a vital role in Dubai’s journey towards sustainability, efficiency, and innovation across various industries. By implementing robust fuel management solutions, organizations in Dubai can optimize fuel usage, reduce costs, minimize environmental impact, and enhance operational efficiency. With advanced technology, data-driven insights, and proactive management strategies, Dubai can continue to lead the way in fostering a more sustainable and economically viable future for generations to come.

#aviation #Fuel management system in dubai #Gps vehicle tracking system company in dubai #gps vehicle tracking system company in uae #news #renewable-energy #sustainability #technology

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semiconductors-and-technology · 7 months

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Digital Holography Market Strategic Forecasting and Analysis of Key Regions 2023-2030

The Evolution of Digital Holography in Modern Technology

In the world of visual technology, digital holography emerges as a captivating frontier, transcending the limits of traditional imaging and unlocking new dimensions of perception. From healthcare and automotive to entertainment and research, digital holography is redefining how we visualize and interact with the world around us. Join us on a captivating journey through the innovative landscape of the digital holography market, uncovering its significance, applications, and the driving forces behind its remarkable growth.

Unveiling Digital Holography: A Paradigm Shift in Imaging

Digital holography represents a revolutionary approach to imaging, enabling the capture and reconstruction of three-dimensional scenes with unparalleled detail and realism. Unlike traditional photography or video, which capture only the intensity of light, digital holography records both the intensity and phase information of light waves, allowing for the recreation of lifelike holographic images. This transformative technology has found applications across a diverse array of industries, from medical diagnostics and manufacturing to security and entertainment.

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Applications Across Industries

The versatility of digital holography has led to its adoption in a wide range of industries, each leveraging its unique capabilities to address specific challenges and unlock new opportunities. Here's a glimpse into some of the groundbreaking applications powered by digital holography:

Medical Imaging: In the field of healthcare, digital holography is revolutionizing medical imaging and diagnostics. From non-invasive 3D imaging of tissues and organs to real-time monitoring of cellular processes, digital holography enables doctors and researchers to visualize biological structures with unprecedented clarity and precision.

Automotive Engineering: In the automotive industry, digital holography is driving advancements in design, testing, and manufacturing. From inspecting components for defects and imperfections to simulating vehicle performance and aerodynamics, digital holography provides engineers with detailed insights into complex systems and processes.

Security and Authentication: In the realm of security and authentication, digital holography is used for biometric identification, counterfeit detection, and document verification. By creating unique, tamper-proof holographic patterns, digital holography ensures the authenticity and integrity of valuable assets and sensitive information.

Entertainment and Visualization: In the realm of entertainment and visualization, digital holography is creating immersive experiences and captivating visual effects. From holographic displays and virtual reality (VR) environments to interactive art installations and live performances, digital holography captivates audiences and transports them to fantastical worlds.

Key Players and Market Dynamics

The digital holography market is characterized by a diverse ecosystem of manufacturers, technology providers, and end-users, each driving innovation and market growth. Leading players such as Holoxica Limited, Lyncee Tec SA, RealView Imaging Ltd., and Leia Inc. are at the forefront of digital holography development, pushing the boundaries of what is possible with holographic imaging technology.

Several factors are driving the growth of the digital holography market, including:

Advancements in Imaging Technology: Ongoing advancements in imaging technology, including improvements in sensor resolution, computational power, and holographic reconstruction algorithms, are driving the development of more advanced and accessible digital holography solutions.

Rise of Augmented and Virtual Reality: The growing popularity of augmented reality (AR) and virtual reality (VR) applications is driving demand for immersive and interactive holographic displays and environments, spurring investment and innovation in the digital holography market.

Emerging Applications in Healthcare and Manufacturing: The adoption of digital holography in healthcare diagnostics, manufacturing quality control, and scientific research is driving demand for specialized holographic imaging systems and solutions tailored to the needs of these industries.

Integration with Emerging Technologies: The integration of digital holography with emerging technologies such as artificial intelligence (AI), machine learning, and 5G connectivity is enabling new capabilities and applications, from real-time holographic video conferencing to holographic telepresence and remote collaboration.

Looking Ahead: A Future of Infinite Possibilities

As digital holography continues to evolve and expand into new industries and applications, the future of holographic imaging holds infinite possibilities. From transforming medical diagnostics and manufacturing processes to revolutionizing entertainment and communication, digital holography has the potential to reshape how we perceive and interact with the world around us. As we embrace the promise of digital holography technology, let us continue to push the boundaries of what is possible and unlock new frontiers of innovation and discovery.

Top of Form

Access Full Report Details: https://www.snsinsider.com/reports/digital-holography-market-3191

#Digital Holography Market

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priyanshisingh · 1 year

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Airport Security Market Size Expected To Acquire USD 19,376.98 million By 2030 At 4.91% Compound Annual Growth Rate

The latest market report published by Credence Research, Inc. “Global Airport Security Market: Growth, Future Prospects, and Competitive Analysis, 2022 – 2030. The airport security market is expected to attain revenue of USD 19,376.98 million by 2030, developing at a CAGR of 4.91% for the duration of the duration from 2023 to 2030.

The airport security market encompasses a comprehensive array of technologies, solutions, and services dedicated to safeguarding the safety and integrity of aviation facilities, passengers, and personnel. As air travel continues to be a vital mode of transportation, the demand for robust and effective security measures has intensified. This dynamic market is characterized by a diverse range of security solutions that address various aspects of airport safety, from access control and perimeter protection to passenger screening and cyber security.

Airport Security Market Key Growth Trends have become an integral part of the aviation industry, with advancements in technology and increasing security threats driving its continuous evolution. One of the prominent growth trends is the adoption of advanced scanning systems that utilize artificial intelligence (AI) and machine learning algorithms. These cutting-edge solutions enable airports to detect prohibited items more accurately while reducing false alarms, thus enhancing passenger experience and overall operational efficiency. Additionally, there is a growing focus on biometric identification technologies such as facial recognition and fingerprint scanners, which streamline passenger verification processes by eliminating the need for traditional identification documents like passports or boarding passes.

Key components of the airport security market include cutting-edge access control systems that regulate the entry and exit of individuals and vehicles within airport premises, bolstering overall security infrastructure. Perimeter security solutions, such as advanced surveillance cameras, sensors, and intrusion detection systems, contribute to fortifying the outer perimeters of airports against potential threats.

Central to the market are screening and scanning technologies, including X-ray machines, metal detectors, and body scanners, which ensure comprehensive scrutiny of both passengers and luggage. The integration of biometric systems, such as fingerprint and facial recognition, not only enhances security but also streamlines passenger identification and authentication processes.

In an increasingly digitized world, robust cybersecurity measures have become paramount to protect critical airport systems and data from cyber threats. This entails safeguarding digital infrastructure, communication networks, and sensitive information to maintain operational continuity and thwart potential disruptions.

The airport security market is significantly driven by factors like the steady growth of global air travel, which necessitates the implementation of advanced security measures to ensure passenger confidence and safety. The ever-evolving landscape of security threats, including terrorism and cyberattacks, continues to shape the market as airports seek innovative solutions to mitigate risks.

Adherence to stringent regulatory mandates and international standards is a fundamental driver for the adoption of advanced security technologies within airports. As technological advancements surge forward, the integration of artificial intelligence, machine learning, and smart technologies further enhances threat detection accuracy and operational efficiency.

However, the market also faces its share of challenges, including striking a balance between security measures and passenger convenience, as well as addressing the high costs associated with implementing and maintaining sophisticated security systems.

As airport security remains a critical concern on a global scale, the market is poised for ongoing growth and innovation. The future of airport security will likely witness the continued evolution of biometric authentication, the fusion of AI-driven threat detection, and the seamless integration of cybersecurity measures into the broader security framework. As regional variations and unique industry demands continue to influence the market, the pursuit of comprehensive and adaptive security solutions remains a central tenet of the airport security sector.

Browse 228 pages report Airport Security Market by Technology (Perimeter Security, Screening Systems, Surveillance Systems, Access Control Systems, Others), by Service (Consulting, Integration & Installation, Managed Services, Training & Support), by Application (Civil Airports, Military Airports), and by Region (North America, Europe, Asia-Pacific, Latin America, Middle East & Africa) - Growth, Future Prospects & Competitive Analysis, 2016 – 2030)- https://www.credenceresearch.com/report/airport-security-market

These recommendations aim to address the dynamic challenges and opportunities within the airport security market:

Integrated Security Ecosystem: Establish a comprehensive and integrated security ecosystem that leverages the power of technology convergence. Integrate access control, perimeter surveillance, passenger screening, and cybersecurity systems to create a cohesive security framework that enhances threat detection, response, and operational efficiency.

Invest in Advanced Screening Technologies: Embrace cutting-edge passenger and baggage screening technologies, such as advanced X-ray scanners and AI-driven threat detection algorithms. Regularly upgrade screening equipment to stay ahead of evolving threats and enhance passenger experience through swift and accurate security procedures.

Biometric Authentication Adoption: Accelerate the deployment of biometric authentication systems for seamless and secure passenger verification. Implement biometric solutions for boarding, immigration, and access control to reduce wait times, enhance accuracy, and streamline passenger flow.

Cybersecurity Resilience: Prioritize cybersecurity measures by investing in robust IT infrastructure, advanced threat detection, and continuous monitoring. Develop incident response plans and conduct regular cybersecurity assessments to safeguard critical systems and sensitive data from cyber threats.

Staff Training and Awareness: Provide comprehensive training programs for airport staff to ensure effective utilization of security technologies and adherence to protocols. Empower employees to identify and respond to security threats promptly while maintaining a passenger-friendly atmosphere.

Public-Private Partnerships: Foster collaborations between airport authorities, government agencies, and private sector partners. Establish information-sharing mechanisms to collectively address security challenges and leverage expertise from multiple stakeholders.

Risk-Based Approaches: Implement risk-based security strategies that tailor security measures according to the assessed threat level. This approach optimizes resource allocation, ensuring that higher-risk areas receive enhanced security measures without disrupting overall operations.

Regulatory Compliance: Stay abreast of evolving aviation security regulations and international standards. Ensure strict compliance with regulatory requirements while remaining agile to adapt to emerging security directives.

Sustainability and Efficiency: Embrace sustainable practices by adopting energy-efficient security technologies and processes. Implement automated systems to reduce manual interventions, enhancing efficiency while minimizing environmental impact.

Continuous Innovation: Encourage research and development initiatives to stay at the forefront of emerging security technologies. Foster a culture of innovation to explore novel solutions that enhance security, passenger experience, and operational excellence.

Why to Buy This Report-

The report provides a qualitative as well as quantitative analysis of the global Airport Security Market by segments, current trends, drivers, restraints, opportunities, challenges, and market dynamics with the historical period from 2016-2020, the base year- 2021, and the projection period 2022-2028.

The report includes information on the competitive landscape, such as how the market's top competitors operate at the global, regional, and country levels.

Major nations in each region with their import/export statistics

The global Airport Security Market report also includes the analysis of the market at a global, regional, and country-level along with key market trends, major players analysis, market growth strategies, and key application areas.

Browse Full Report: https://www.credenceresearch.com/report/airport-security-market

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Related Report: https://www.credenceresearch.com/report/virtual-private-network-vpn-routers-market

Related Report: https://www.credenceresearch.com/report/cyber-insurance-market

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Credence Research is a viable intelligence and market research platform that provides quantitative B2B research to more than 10,000 clients worldwide and is built on the Give principle. The company is a market research and consulting firm serving governments, non-legislative associations, non-profit organizations, and various organizations worldwide. We help our clients improve their execution in a lasting way and understand their most imperative objectives. For nearly a century, we’ve built a company well-prepared for this task.

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gorepoonam · 1 year

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Green Tires Market Trends, Issues, Challenges, Forecasts, Competition Analysis

Global Green Tires Market , 2020 Manufacturers, Regions, Type and Application Forecast by 2027. The report is a detailed and comprehensive analysis by region and country, type and application. As the market is constantly changing, the report explores competition, supply and demand trends, as well as key factors contributing to changing demands in many markets. Company profiles and product examples of selected competitors and market share estimates of some of the selected leaders for the year 2027 are provided. Additionally, the report provides key insights into market drivers, restrictions, opportunities, new product launches or approvals, COVID-19 and the Russo-Ukrainian War Impact.

segmentation:

By Tire Size Type

By Application Type

By Sales Channel Type

Key Manufacturers Covered in This Report:

Major players operating in the global biometric vehicle access system market include Hitachi, Ltd., Synaptics Incorporated., Nuance Communications, Inc., HID Global Corporation, Safran and VOXX International Corp. among others.

This Sample Copy of the Report Contains:

➟ A summary of the research work. ➟ Contents Depth of coverage of the study ➟ Market participants in the foreground ➟ Research framework of report structure ➟ Worldwide Market Reports research methodology

About Us:

Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.

Fortune Business Insights™ Pvt. Ltd.

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delvenservices · 1 year

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Edge AI Software Market Size to Reach at a Highest CAGR of 27.4% by 2028

Edge AI Software Market, by Material Type (Copper, Low Carbon), End-Use (Residential, Commercial, Industrial), Implementation (New Construction, Retrofit) and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)

The global edge AI software market size is projected to reach a CAGR of 27.4% from 2021-2028.

Edge Artificial Intelligence (AI) software is a combination of edge computing technology and machine learning. This AI software automatically transforms raw data into movements or events, predictions, insights without costly analysis of data and big data. The software tools that are offered are in the form of frameworks and software development kit which offers benefit of merging AI abilities with software applications.

Increasing enterprise workloads on cloud, rapid developments of IoT, and growth in number of intelligent applications are some of the factors that have supported long-term expansion for Edge AI Software Market.

Request For Free Sample Report: https://www.delvens.com/get-free-sample/edge-AI-software-market-trends-forecast-till-2028

Regional Analysis

China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific.

Key Players

WS Corporation

Anagog Inc.

Bragi Inc.

Foghorn Systems Pvt Ltd

Google LLC

IBM Corporation

Microsoft Corporation

Nutanix Inc.

TIBCO Software Inc.

Veea Systems Inc.

To Grow Your Business Revenue, Make an Inquiry Before Buying at: https://www.delvens.com/Inquire-before-buying/edge-AI-software-market-trends-forecast-till-2028

Recent Developments

28 September, 2021-TIBCO Software Inc., a global leader in enterprise data, empowers its customers to connect, unify, and confidently predict business outcomes, solving the world's most complex data-driven challenges. TIBCO announced an evolution of its data quality capabilities into the new TIBCO DQ product family, along with key enhancements to TIBCO® Data Virtualization and TIBCO EBX® within the Unify portfolio.

September 29,2021-TIBCO has launched Cloud Discover and Cloud Composer, along with TIBCO LABS Gallery, a new way for customers to interact with its innovation centre.

Reasons to Acquire

Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors

Gain authentic and granular data access for Edge AI Software Market so as to understand the trends and the factors involved behind changing market situations

Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future

In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Purchase This Report: https://www.delvens.com/checkout/edge-AI-software-market-trends-forecast-till-2028

Scope of the Research:

Edge AI Software Market is segmented into component, data source, application, industry vertical and region:

On the basis of Component

Solutions

Services

On the basis of Data Source

Speech Recognition

Biometric Data

Sensor Data

Mobile Data

On the basis of Application

Autonomous Vehicles

Access Management

Video Surveillance

Remote Monitoring & Predictive Maintenance

Telemetry

Energy Management

On the basis of Industry Vertical

Government & Public

Manufacturing

Automotive

Energy & Utilities

Telecom

Healthcare

Others

On the basis of Region

Asia Pacific

North America

Europe

South America

Middle East & Africa

About Us:

Delvens is a strategic advisory and consulting company headquartered in New Delhi, India. The company holds expertise in providing syndicated research reports, customized research reports and consulting services. Delvens qualitative and quantitative data is highly utilized by each level from niche to major markets, serving more than 1K prominent companies by assuring to provide the information on country, regional and global business environment. We have a database for more than 45 industries in more than 115+ major countries globally.

Delvens database assists the clients by providing in-depth information in crucial business decisions. Delvens offers significant facts and figures across various industries namely Healthcare, IT & Telecom, Chemicals & Materials, Semiconductor & Electronics, Energy, Pharmaceutical, Consumer Goods & Services, Food & Beverages. Our company provides an exhaustive and comprehensive understanding of the business environment.

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kiranadhavmarketstudy · 2 years

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Automotive Technologies Market Growing Demand, Supply and Revenue 2022 to 2028

The research reports provide deep insights into the global market revenue, 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 Automotive Technologies market during the forecast period, i.e., 2022–2030. The report, most importantly, identifies the qualitative impact of various market factors on market segments and geographies. The research segments the market on the basis of product type, application type, technology type, and region. To offer more clarity regarding the industry, the report takes a closer look at the current status of various factors, including but not limited to supply chain management, distribution Trade, channels, supply and demand, and production capability differ across countries.

Get Exclusive Sample Pages of this Report @ https://iconmarketresearch.com/inquiry/sample/IMR0458

Automotive Technologies Market Company Profiles Analysis:

Robert Bosch GmbH (Germany)

Continental AG (Germany)

Delphi Automotive PLC (U.K.).

Note – The Covid-19 (coronavirus) pandemic is impacting society and the overall economy across the world. The impact of this pandemic is growing day by day as well as affecting the supply chain. The COVID-19 crisis is creating uncertainty in the stock market, massive slowing of supply chain, falling business confidence, and increasing panic among the customer segments. The overall effect of the pandemic is impacting the production process of several industries. This report on ‘Automotive Technologies Market’ provides the analysis on impact on Covid-19 on various business segments and country markets. The reports also showcase market trends and forecast to 2030, factoring the impact of Covid -19 Situation.

Market Segmentation:

Automotive Technologies Market Size, Share & Trends Analysis Report By (Global Vehicle Intelligence, On Board Internet Services, Remote Diagnostics, HUD, Biometric Vehicle Access, Vehicle Security, 3D Printing, Night Vision, BDS, LDWS) Global Industry Insights, Trends, and Forecast, 2021-2028.

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Regional Framework

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Automotive Technologies Market based on various segments. It also provides market size and forecast estimates from the year 2022 to 2028 with respect to five major regions. The Automotive Technologies Market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

Promising Regions & Countries Mentioned in The Automotive Technologies Market Report:

North America

Europe

Asia-Pacific

Latin America

The Middle East & Africa

Major Features of Automotive Technologies Market Report:

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Automotive Technologies market.

Highlights key business priorities in order to assist companies to realign their business strategies.

The key findings and recommendations highlight crucial progressive industry trends in the global Automotive Technologies market, thereby allowing players across the value chain to develop effective long-term strategies.

Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.

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ict-marketresearch-reports · 2 years

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Edge AI Software Market Innovations, Technology Growth and Research -2026

The report "Edge AI Software Market Trends by Component (Solutions and Services), Data Source, Application (Autonomous Vehicles, Access Management, Video Surveillance, Remote Monitoring and Predictive Maintenance, and Telemetry), Vertical, and Region - Global Forecast to 2026", size to grow from USD 590 million in 2020 to USD 1,835 million by 2026, at a Compound Annual Growth Rate (CAGR) of 20.8% during the forecast period. Various factors such as increasing enterprise workloads on the cloud and rapid growth in the number of intelligent applications are expected to drive the adoption of the edge AI solutions and services.

As the world braces for the continued impact of the COVID-19 pandemic, every industry has been affected. To mitigate pandemic risks, organizations around the world are taking adequate measures such as remote working capabilities, remote asset maintenance and monitoring, plant automation, and telehealth. A high positive impact has been witnessed in the healthcare vertical, as firms have started realizing the potential of edge AI software in combating the impact of COVID-19. This has led to increased funding and research to keep businesses safe and secure across the value chain. It is expected that the market will witness slow growth during the pandemic and bounce back with a higher adoption rate across verticals post-pandemic. Organizations worldwide have been using digital infrastructure to continue with their usual business activities as it serves as essential infrastructure. Healthcare, the public sector, and education verticals are adopting digitalization at an unprecedented rate. Several clouds and edge companies are offering their computational services for free to the frontline workers to reduce the impact of COVID-19

The solutions segment to hold a larger market size during the forecast period

Based on components, the edge AI software market is segmented into solutions and services. The solution segment of the report is subsegmented into software tools and platform, whereas the services segment is segmented into training and consulting, system integration and testing, and support and maintenance. The solutions segment is expected to account for the largest market size during the forecast period owing to the high flexibility and support offerd by edge AI solutions for different industries and activities, ranging from medical monitoring to building energy management.

The mobile data segment to hold higher CAGR during the forecast period

The edge AI software market by data source has been segmented into video and image recognition, speech recognition, biometric data, sensor data, and mobile data. The mobile data segment is projected to grow at the highest CAGR during the forecast period as there has been tremendous growth in the data generated through mobile devices due to the excessive number of mobile users. Edge AI enables processing the generated data at the edge. Hence, less information needs to be sent to the cloud and back, leading to the adoption of edge AI solutions and services.

Energy management application segment to have the highest CAGR during the forecast period

The edge AI software market by application has been segmented into autonomous vehicles, access management, video surveillance, remote monitoring and predictive maintenance, telemetry, energy management, and others (point of sales, field service support, precision agriculture, AR/VR, and smart wearables). Using edge AI for energy management can reduce the overall costs and optimize the energy consumption by applying various techniques for predicting the optimal load of the system in real-time leading to its growth in edgeAI software market.

North America to hold the largest market size during the forecast period

The organizations in North America, especially the US, have leveraged the benefits of AI, ML, and deep learning technologies to stay ahead in the market. The region has well-established economies, which enable edge AI software vendors to invest in new technologies. Furthermore, it is regarded as the center of innovation where major IT players are rolling out intelligent devices and collaborating with other companies in the edge AI software market.

APAC is projected to grow at a higher CAGR during the forecast period. The major factors fueling the growth of the edge AI software market in the APAC region are the growing amount of data generated from edge devices across various industry verticals, increasing consumer spending on smart solutions in countries, such as China, Japan, Australia, and India, and increasing investments and initiatives by leading governments in this region toward improvising the AI landscape in the region.

Major vendors in the global Edge AI software market include Alphabet Inc. (US), Microsoft Corporation (US), IBM Corporation (US), Amazon Web Services, Inc. (US), Nutanix (US), Synaptics Incorporated (US), SWIM.AI Inc. (US), Imagimob AB (Sweden), Anagog Ltd. (Israel), TIBCO Software Inc. (US), Octonion SA. (Switzerland), FogHorn Systems (US), Bragi (Germany), Gorilla Technology Group (Taiwan), SixSq Sàrl (Switzerland), Azion Technologies LLC (US), ClearBlade Inc. (US), Alef Edge Inc. (US), Adapdix (US), byteLAKE (Poland), Reality Analytics Inc. (US), Deci (Israel), StrataHive (India), edgeworx (US), Invision AI Inc. (Canada), Veea Inc. (US), and Tact.ai Technologies, Inc. (US), Horizon Robotics (China), Kneron Inc. (US), and DeepBrainz AI (India).

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Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

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#edge ai software market trends

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bitchyphilosopherprince · 3 years

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Global Biometric Vehicle Access System Market Analysis, Application and Forecast to 2021-2027

Bharat Book Bureau Provides the Trending Market Research Report on “Biometric Vehicle Access System Market - Global Outlook and Forecast 2021-2027”under Automotive Market Research Reports Category. The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports.

Biometric Vehicle Access System Market Report contains market size and forecasts of Biometric Vehicle Access System in global, including the following market information: Global Biometric Vehicle Access System Market Revenue, 2016-2021, 2022-2027, ($ millions) Global Biometric Vehicle Access System Market Sales, 2016-2021, 2022-2027, (K Units) Global top five Biometric Vehicle Access System companies in 2020 (%) The global Biometric Vehicle Access System market was valued at 567.5 million in 2020 and is projected to reach US$ 762.3 million by 2027, at a CAGR of 7.7% during the forecast period.

Our report has surveyed the Biometric Vehicle Access System manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment: Global Biometric Vehicle Access System Market, By Type, 2016-2021, 2022-2027 ($ Millions) & (K Units) Global Biometric Vehicle Access System Market Segment Percentages, By Type, 2020 (%) Fingerprint Recognition System Voice Recognition System

Global Biometric Vehicle Access System Market, By Application, 2016-2021, 2022-2027 ($ Millions) & (K Units) Global Biometric Vehicle Access System Market Segment Percentages, By Application, 2020 (%) Passenger Cars Battery Electric Vehicles

Global Biometric Vehicle Access System Market, By Region and Country, 2016-2021, 2022-2027 ($ Millions) & (K Units) Global Biometric Vehicle Access System Market Segment Percentages, By Region and Country, 2020 (%) North America US Canada Mexico Europe Germany France U.K. Italy Russia Nordic Countries Benelux Rest of Europe Asia China Japan South Korea Southeast Asia India Rest of Asia South America Brazil Argentina Rest of South America Middle East & Africa Turkey Israel Saudi Arabia UAE Rest of Middle East & Africa

Competitor Analysis The report also provides analysis of leading market participants including: Key companies Biometric Vehicle Access System revenues in global market, 2016-2021 (Estimated), ($ millions) Key companies Biometric Vehicle Access System revenues share in global market, 2020 (%) Key companies Biometric Vehicle Access System sales in global market, 2016-2021 (Estimated), (K Units) Key companies Biometric Vehicle Access System sales share in global market, 2020 (%) Further, the report presents profiles of competitors in the market, key players include: Safran Hitachi Fujitsu Nuance Communications Voxx International Hid-Global Synaptics Incorporated Methode Electronics Voicebox Technologies

Browse our full report with Table of Content : https://www.bharatbook.com/report/1041542/biometric-vehicle-access-system-market-global-outlook-and-forecast

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#automotive industry analysis biometric vehicle access system market research report biometric vehicle access system market analysis biometri

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lastnightbrawls · 3 years

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Automotive And Security Segment Trends For the Coming Years

Pharmaceutical and biotechnology companies are making biometric vehicle access systems available to protect personnel and cargo in transport settings. An employee in the passenger seat of a commercial truck could be carrying weapons or dangerous chemicals. Drivers in buses, trains and airplanes have to make numerous stops every day to allow passengers to get off. Passengers would not be allowed to board if their identification did not match the fingerprint or voice recognition system read from the biometric vehicle access database. This would make entering restricted areas very difficult.

Biometric vehicle access systems would also prevent crime from occurring. With the use of biometric vehicle access research systems inside passenger vehicles, automotive companies can increase their fleet security and cut down on employee theft. With the potential for fraudulent use of biometric readouts, some employees may attempt to forge the signatures of authorized officers to gain access to restricted areas. Employees would not be able to board a train or airplane with a false fingerprint. By requiring employees to show their fingerprints or voice recognition ID when they enter a secure area, automobile manufacturers are reducing the potential for employee fraud.

The world is currently experiencing one of the largest advancements in biometric security technology in over a decade. Trends indicate that the global biometric vehicle access market will continue to expand at an accelerated rate through 2010. The two major factors driving this trend include increasing demand and security. High demand is due to the fact that biometric systems require minimal training for users and no special equipment or clothing to wear while accessing the systems.

Security is also a major factor in the forecast period because increased safety for people inside automobiles, along with biometric access control systems, could decrease the costs of insurance and eliminate the need for annual vehicle inspections. Insurance estimates are expected to drop 25 percent due to these biometric vehicle access controls. In addition to the insurance industry, transportation agencies and airlines are expecting to benefit from biometric vehicle access systems. This will allow passengers to make changes in flight schedules and improve airline passenger security. The airlines have the ability to identify passengers using biometric scans and reduce the risk of lost luggage and missed flights by implementing biometric screening processes.

Another research study that forecasting the global biometric market in the near future was prepared by an industry association known as the National Institute of Standards and Technology (NISET). The association presented its study to NICE, the United Kingdom's government agency responsible for regulating the biometric technology industry. The forecast indicates that biometric technology applications are expected to reach over $1.5 billion by the end of 2012. This represents a tremendous growth in the biometric technology market and shows the potential demand that can be realized if a company can successfully capitalize on this growing market.

Based on the above research studies, it is evident that the UK and other global markets can realize significant benefits if biometric vehicle access control systems are implemented. However, biometric technology is not a silver bullet. It does not eliminate all potential security challenges. Companies need to incorporate other security measures in order to achieve full deployment of biometric technologies. This is the reason why the forecast for the coming years shows growth in the global biometric technology sector.

The research team projects that the Vehicle Biometric Vehicle Access System market size will grow from XXX in 2020 to XXX by 2027, at an estimated CAGR of XX. The base year considered for the study is 2020, and the market size is projected from 2020 to 2027.

The prime objective of this report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing with 10 major regions and 50 major countries. Deep researches and analysis were done during the preparation of the report. The readers will find this report very helpful in understanding the market in depth. The data and the information regarding the market are taken from reliable sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the industry experts. The facts and data are represented in the report using diagrams, graphs, pie charts, and other pictorial representations. This enhances the visual representation and also helps in understanding the facts much better.

By Market Players:

BioEnable

Techshino

Miaxis

Nymi

Sonavation

BIODIT

Denso

EyeLock

FPC

Fujitsu

HID Global

IriTech

KeyLemon

NEC

Nuance

Olea Sensor Networks

Safran

Synaptics

VOXX

By Type

Palm Print

Facial

Fingerprint

Iris

Others

By Application

Commercial Vehicle

Passenger Car

Others

By Regions/Countries:

North America

United States

Canada

Mexico

East Asia

China

Japan

South Korea

Europe

Germany

United Kingdom

France

Italy

Russia

Spain

Netherlands

Switzerland

Poland

South Asia

India

Pakistan

Bangladesh

Southeast Asia

Indonesia

Thailand

Singapore

Malaysia

Philippines

Vietnam

Myanmar

Middle East

Turkey

Saudi Arabia

Iran

United Arab Emirates

Israel

Iraq

Qatar

Kuwait

Oman

Africa

Nigeria

South Africa

Egypt

Algeria

Morocoo

Oceania

Australia

New Zealand

South America

Brazil

Argentina

Colombia

Chile

Venezuela

Peru

Puerto Rico

Ecuador

Rest of the World

Kazakhstan

Points Covered in The Report

The points that are discussed within the report are the major market players that are involved in the market such as market players, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.

The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. This report analyzed 12 years data history and forecast.

The growth factors of the market is discussed in detail wherein the different end users of the market are explained in detail.

Data and information by market player, by region, by type, by application and etc, and custom research can be added according to specific requirements.

The report contains the SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.

Key Reasons to Purchase

To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.

Assess the production processes, major issues, and solutions to mitigate the development risk.

To understand the most affecting driving and restraining forces in the market and its impact in the global market.

Learn about the market strategies that are being adopted by leading respective organizations.

To understand the future outlook and prospects for the market.

Besides the standard structure reports, we also provide custom research according to specific requirements.

The report focuses on Global, Top 10 Regions and Top 50 Countries Market Size of Vehicle Biometric Vehicle Access System 2016-2021, and development forecast 2022-2027 including industries, major players/suppliers worldwide and market share by regions, with company and product introduction, position in the market including their market status and development trend by types and applications which will provide its price and profit status, and marketing status & market growth drivers and challenges, with base year as 2020.

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2021 & Sales by Product Types.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2022-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its production, consumption, import & export, sales volume & revenue forecast.

Market Analysis by Product Type: The report covers majority Product Types in the Vehicle Biometric Vehicle Access System Industry, including its product specifcations by each key player, volume, sales by Volume and Value (M USD).

Markat Analysis by Application Type: Based on the Vehicle Biometric Vehicle Access System Industry and its applications, the market is further sub-segmented into several major Application of its industry. It provides you with the market size, CAGR & forecast by each industry applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report will provide with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

COVID-19 Impact

Report covers Impact of Coronavirus COVID-19: Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost every country around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Vehicle Biometric Vehicle Access System market in 2021. The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor/outdoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.

Global Vehicle Biometric Vehicle Access System Market Research Report 2021 Professional Edition Market report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.

#biometric vehicle access biometric vehicle access Research biometric vehicle access Research Reports biometric vehicle access Share biometri

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ken-research-market-research · 5 years

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Global Vehicle Access Control Market Research Report: Ken Research Global Vehicle Access Control Market is valued approximately USD 8.7 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 11.2% over the forecast period 2019-2026.

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fortunebusiness · 4 years

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Vehicle Access Control Market Size, 2020 Industry Share and Global Demand | 2026 Forecast by Fortune Business Insights™

Vehicle Access Control Market Size, Share & COVID-19 Impact Analysis, By Type (Biometric System, Non-Biometric System), By Technology (RFID, NFC, Bluetooth, Others), By Vehicle Type (Passenger Car, Commercial Vehicle) and Regional Forecast, 2020-2027 is set to gain momentum from the increasing adoption of standardized interface technologies by reputed manufacturers, such as Hyundai, BMW, and Honda. These technologies surge the commercial viability of passive vehicle access control systems, as well as enable greater convenience for consumers.

Fortune Business Insights™ in a new study, titled, “Vehicle Access Control Market Size, Share & COVID-19 Impact Analysis, By Type (Biometric System, Non-Biometric System), By Technology (RFID, NFC, Bluetooth, Others), By Vehicle Type (Passenger Car, Commercial Vehicle) and Regional Forecast, 2020-2027.” The study further mentions that the market size was USD 9.61 billion in 2019 and is projected to reach USD 12.45 billion by 2027, exhibiting a CAGR of 6.6% during the forecast period.

COVID-19 Pandemic: Rising Focus on Reducing Innovation Funding May Hamper Demand

The emergence of the COVID-19 pandemic has taken a toll on the automotive industry by declining global demand, disrupting supply chains, and closing of assembly plants. The elimination of various passenger cars and commercial vehicles is set to affect the ability of carmakers to invest in research and development activities. Besides, the pandemic has compelled manufacturers to focus on reducing innovation funding and managing day-to-day cash flow. Our detailed research report will help you take the right decision by gaining more insights into the current scenario of the vehicle access control industry.

Drivers & Restraints

Increasing Need to Reduce Vehicle Thefts will Favor Growth

Vehicle theft is a serious problem to tackle with nowadays. The National Insurance Crime Bureau (NICB) published an in-depth report in March 2019 that showcases a 56 percent rise in vehicle thefts over the 147,434 vehicles stolen between the period of January 2013 and December 2015. Besides, in the U.S., the number of vehicle thefts by using fobs or keys increased to 229,339 between January 2016 and December 2018. Novel techniques, such as fingerprint authorization and facial recognition, as well as keyless car entries would be able to boost vehicle security. This, in turn, can lessen the number of vehicle thefts. These factors are set to propel the vehicle access control market growth in the coming years.

However, perfectly keyless systems and biometric access would surge design complexities and component requirements. Hence, it would require high manufacturing and installation cost, which, in turn, is likely to obstruct the demand for vehicle access control systems.

Segment

NFC Segment to Grow Significantly Backed by its Ability to Prevent Relay Attacks

Based on technology, the NFC segment generated 3.97% in terms of the vehicle access control market share in 2019 and is expected to grow significantly throughout the forthcoming years. This growth is attributable to its cost-effectiveness that enables manufacturers to develop card-based vehicle access control or NFC-based smartphones for mainstream vehicles. This technology can also prevent relay attacks.

This Report Answers the Following Questions:

What are the key strategies adopted by prominent firms to surge revenue?

Which are the upcoming trends in vehicle access control technology?

How will facial recognition technology cope up with the challenge of high cost?

Which segment and region are set to dominate the market in terms of share?

Regional Analysis

High Demand for Electronic Immobilizers & Keyless Entry to Spur Growth in North America

Geographically, in 2019, North America procured USD 3.47 billion in terms of revenue. The region is characterized by the rising popularity of unique solutions, such as remote ignition disablers and stolen vehicle assist. Also, the increasing cases of vehicle thefts is surging the demand for keyless entry and electronic immobilizers in this region.

Asia Pacific, on the other hand, is anticipated to exhibit a higher CAGR in the near future stoked by the increasing awareness programs regarding the beneficial properties of vehicle access control solutions. In addition to that, the rising demand for high-end automobiles and the increasing production of vehicles would enhance growth in this region.

Competitive Landscape

Key Players Focus on R&D Activities to Develop Secure Vehicle Access Control Solutions

The market for vehicle access control is fragmented. Most of the companies are aiming to increase their research and development initiatives for creating novel and highly secure solutions. Apart from that, some of the others are focusing on strategic partnerships to gain a competitive edge in the market.

A list of all the renowned vehicle access control operating in the global market:

Continental AG (Hanover, Germany)

Robert Bosch GmbH (Gerlingen, Germany)

Denso Corporation (Aichi, Japan)

Valeo (Paris, France)

Nuance Communications, Inc. (Massachusetts, US)

Lear Corporation (Michigan, US)

Mitsubishi Electric Corporation (Tokyo, Japan)

NXP Semiconductors (Eindhoven, Netherlands)

Below are the two latest industry developments:

June 2020: Continental bagged new orders from three vehicle manufacturers based in Asia & Europe for CoSmA, its smartphone-based vehicle access system. This system will be blended into the architecture of their upcoming vehicles. The production is expected to begin in 2021.

January 2019: Bosch introduced its Perfectly Keyless digital access service that can easily recognize the owner’s smartphone just like a digital fingerprint. Only then it can open the vehicle.

Browse Detailed Summary of Research Report with TOC:

https://www.fortunebusinessinsights.com/vehicle-access-control-market-103664

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#Vehicle Access Control Market Size

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sciencespies · 5 years

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How Does Facial Recognition Technology Work? – 5 Real World Use Cases

https://sciencespies.com/humans/how-does-facial-recognition-technology-work-5-real-world-use-cases/

How Does Facial Recognition Technology Work? – 5 Real World Use Cases

Facial Recognition systems are becoming ever more common. From airports to the streets of big cities to individual shops and apartment buildings, this tech is being applied everywhere. At the same time, there are functional and privacy concerns with these kinds of biometric identification systems.

What is facial recognition technology like today?

In this article, we will look at the state of Facial Recognition technology today. We’ll cover the basics of the technology first, then look at some of the systems that are in use today. While things are moving fast in the field of Facial Recognition, by the end of the article, you should have a good sense of where things stand today, both the promise and the peril.

Facial Recognition Technology Basics

Before we get into the current uses, let’s go over how this incredible technology works.

How Does a Machine Recognize a Face?

While us humans recognize faces in by instantaneous pattern recognition, machines do it completely differently. Machines recognize and remember faces by taking all sorts of measurements of facial characteristics, then saving the resulting data as a representation of the face.

While there are variations in the tech, the basic process goes something like this:

The system receives an image to analyze. This could be a still photo like those taken by systems at US airports, or a frame from a video of a person in motion. Some systems use techniques like infrared lidar and thermal imaging sensors to get additional information. Researchers are reportedly even working on systems that use sonar (like a bat or a submarine) to improve accuracy. As a result, the ‘image’ to be analyzed might actually be a set of images created with different types of sensors.

The system searches for a face or faces in the image. It looks for characteristics that indicate the presence of a face, such as eyes, ears, nose, mouth, cheekbones. Once it identifies enough of these, the system has ‘found’ a face.

The system measures various characteristics of the face. Some characteristics that might be used are the distance between your eyes, the depth of your eye sockets, the shape of your cheekbones, and the distance from your forehead to your chin. Newer systems generally consider many more characteristics than this, including things like skin color and texture. They can also adjust for variable lighting, a face that isn’t looking directly into the camera, and so on.

The resulting data is stored as a representation of the face.

The representation of the face is compared to a database of known faces.

The system identifies the best match amongst the faces in the database and determines whether the match is close enough to be considered a hit. If there is not a match, the data may be stored to be matched with other personally identifiable data later, perhaps at the checkout counter in a store.

As you can imagine, the most advanced facial recognition systems are much more complex than this, but you now have a general idea of how the process works.

youtube

Modern Facial Recognition techniques are said to be more accurate than human recognition. However, at least some of the facial recognition systems in use now are pathetically bad at the job.

Maybe they are using older, less accurate technology (it can take years for a system to make it out of the lab and into the world). Or it could be that recognizing faces out in the real world is much harder than in the lab. Perhaps as Dr. WonSook Lee explains in the video, the systems that aren’t getting good results aren’t trained well enough.

Whatever the reason for the bad results some systems get, there is a huge amount of money and research going into this field, and it is certain that facial recognition systems will keep getting better and better.

A Quick Tour of Facial Recognition Technology in the Real World

One way to get a sense of where things stand is to look at some recent examples of the use of Facial Recognition Technology. In the vignettes that follow, we will look at several real-world applications of facial recognition technology and list their pros and cons.

London’s Live Facial Recognition System

Promise: More efficient policing.

Peril: Exposes innocent passersby to unwanted surveillance. Frequently generated false positives, resulting in an innocent person’s face being associated with a criminal’s records, at least temporarily. It caused confrontations between police and citizens who didn’t want to be scanned.

Until recently, the London Metropolitan Police has been testing its Live Facial Recognition (LFR) on the streets of London, making millions of innocent civilians part of the test without their consent. The system used cameras, facial recognition software, and an AI to compare the faces of passersby with those in a database of people wanted by the police.

Live Facial Recognition – Source: met.police.uk

If the AI detected a match, it would notify a nearby police officer. The officer would evaluate the information received from the LFR system and decide whether or not to approach and interrogate the person. The idea here is that even wanted persons need to go out into the world sometimes, and when they do, LFR could spot them and point the police right to them. This could be much more efficient than tracking down subjects the old-fashioned way.

However, the system has had many problems. One is the invasion of privacy caused by a system that at least momentarily generates and records Biometric data for every person passing in front of its many cameras. According to the LFR website,

“The system will only keep faces matching the watch list, these are kept for 30 days, all others are deleted immediately. We delete all other data on the watch list and the footage we record.

Anyone can refuse to be scanned; it’s not an offense or considered ‘obstruction’ to actively avoid being scanned.”

LFR

These guarantees ended up to not be very reassuring for a few reasons. First, the system has a tendency to make false-positive identifications. That is, it confuses innocent people for people whose faces are in its watch list. This results in innocent people being stopped and questioned by the police and having their identity stored in the LFR database for some amount of time.

How inaccurate is the LFR system? Big Brother Watch, a UK privacy group, has a breakdown of the details here. Here’s a screen capture of the highlights from that breakdown:

LFR inaccuracy

As you can see, it seems the system wrongly identified innocent people the vast majority of the time. What happens in these cases? According to Big Brother Watch, when the system incorrectly identified people, their biometric data was still retained for a year, even though they had done nothing wrong.

Who has access to the biometric data from those innocent people? How is it used? How is it protected from hackers and other forms of misuse? We don’t know the answers to these questions.

Given that the system was so incredibly inaccurate, it is good to know that people were allowed to avoid being scanned. Backward from the perspective of privacy rights, but at least a way out. But the reality of the situation was very different.

As detailed in this article from the Mail Online, actively avoiding being scanned led to a passerby being forcibly detained and photographed so his face could be entered into the system. The Mail reported that the police finally confirmed that you could actively avoid being scanned. However, if you did actively avoid being scanned, they could consider that suspicious behavior, detain you, and force you to be scanned anyway.

As of the publication date of this article, the LFR system trials have ended. The police are now evaluating the results of the tests and deciding whether or not to deploy the system.

Scanning Driver’s License Databases for Illegal Immigrants and Other Criminals

Promise: Rapid federal government detection of criminals using existing state records.

Peril: Possible violation of state’s rights. The United States Congress has not explicitly authorized this use of state databases.

ICE, the Immigration and Customs Enforcement agency of the United States, is in the news a lot today. Charged with securing the borders, among other things, ICE is the target of many groups opposed to US immigration policies. And its use of Facial Recognition technology recently made headlines.

ICE Facial Recognition of Drivers License

ICE’s use of facial recognition technology to analyze driver’s license databases triggered reactions from many groups, including privacy advocates. There are several issues here. One is the conflict between the State’s Rights and the Federal Government. The US Congress has not approved this use of state motor vehicle records. However, approximately 20 states have approved the use of their databases by law enforcement agencies for years. This includes the FBI, which is a Federal agency.

Searching for Illegal Aliens

The real problem seems to be the conflict over illegal aliens. Some of the states that give ICE access to their driver’s license databases have encouraged illegal aliens to obtain driver’s licenses. According to researchers at Georgetown University Law Center, ICE has sometimes targeted illegal aliens when scanning these databases. Whether looking for illegal aliens in these databases is a problem or not depends on where you stand on the immigration issue.

Immigration and Customs Enforcement – Source: Shutterstock.com

When questioned about the legality of these activities by National Public Radio (NPR) ICE stated the agency “will not comment on investigative techniques, tactics or tools.” They also point out that, “This is an established procedure that is consistent with other law-enforcement agencies.“

Violating the Privacy of All Drivers?

A more general privacy concern is that the FBI, ICE, and other agencies mine these databases for information. Few citizens are aware that getting a driver’s license exposes their information to Federal as well as State agencies. It isn’t clear which agencies have access to the data, nor what they are doing with it, and what happens to the data after it is “used.”

Screening Persons Arriving in the United States from Foreign Countries

Promise: Faster, more efficient passage through US Customs.

Peril: False alarms can disrupt travel. A huge database of Biometric data is a great target for hackers. Data on 10’s of thousands of travelers has already been stolen.

Since 2017, U.S. Customs and Border Protection (CBP) has been using Facial Recognition systems at various entry points to the United States. According to Federal Computer Week (FCW), the system has caught multiple imposters trying to cross the border with false documents. The system compares the face of the person currently holding the document to stored biometric data previously associated with that document.

More recently, facial recognition tools are being used to identify people that are entering and leaving the country at multiple airports. And the agency plans to expand its use of the technology greatly.

This comes despite growing public opposition to the use of facial recognition technologies. Civil libertarians and privacy advocates see large future risks from the deployment of these systems.

According to the Electronic Privacy Information Center’s United States Visitor and Immigrant Status Indicator Technology (US-VISIT) page,

“At least 30,000 individuals from federal, state, and local governments access the data contained obtained by DHS’s biometric collection program. DHS shares this biometric data with foreign governments, including Canada, Australia, and the United Kingdom.”

United States Visitor and Immigrant Status Indicator Technology

As with other systems we’ve looked at, it is unclear who exactly has access to your biometric data, and what they are doing with it.

In addition, there are concerns with the security of the biometric and other personal information gathered by the system. As far back as 2007, the GAO found major problems with the computer systems supporting US-VISIT:

GAO Information Security

Note that in 2013, US-VISIT was renamed the Office of Biometric Identity Management (OBIM). It is unclear to us whether all the problems in the government’s computers have been resolved. But even if their systems are 100% secure (no computer system is 100% secure), there are other players involved here.

One website reported that biometric data on tens of thousands of travelers was stolen in a data breach. In May of 2019, CBP learned that a subcontractor had transferred data (license plates and traveler images) to their own computers. This kind of transfer is forbidden by CBP rules but was apparently done in defiance of those rules.

That data was then stolen from the subcontractor. According to comments from CBP, data for less than 100,000 travelers was stolen. While CBP would not disclose the name of the subcontractor at fault, sources say that shortly after the hack, The Register discovered a site on the dark web containing hundreds of gigabytes of license plate images and other data, available for free to anyone who wants it.

Social Media Sites Applying Facial Recognition to User’s Photos

Promise: Automated tagging of users in photos.

Peril: Users claim Facebook recorded biometric data without their consent and sued. It creates a huge database of biometric data for hackers to target. Google, Apple, Microsoft, and others are doing the same. It is unclear what is done with the data and who else has access to it.

The things social media sites can do these days are incredible. One of their cool tricks is automatically tagging people in the photos you post. As you are probably aware, they apply Facial Recognition technology to get this done.

Social Media Sites Applying Facial Recognition – Source: Shutterstock.com

But not everyone is thrilled with this particular capability. As a result, a group of Facebook users launched a class-action lawsuit challenging Facebook’s use of their biometric data. Earlier this month, the U.S. Court of Appeals for the 9th Circuit in San Francisco ruled 3-0 that the case can proceed despite Facebook’s attempt to block it.

The case was started by three Facebook users from Illinois, where state law prohibits companies from collecting and storing biometric data without the user’s written consent.

Judge Sandra Ikuta wrote that “…the development of a face template using facial-recognition technology without consent (as alleged in this case) invades an individual’s private affairs.”

While it will probably be years before this case is closed, the results could help clarify what rights users have to their own biometric data.

Tailoring Billboard Ads Based on Facial Analysis

Promise: Ads that are targeted to the viewer’s age, gender, and mood will be more effective.

Peril: Once this tech is widely deployed, it is a small step to full facial recognition and private surveillance of your activities.

Using a system created by the French company Quividi in 2015, some shoppers at upscale malls seem to be living in a science fiction movie. When they visit one of more than 40 Westfield shopping centers, they are surrounded by hundreds of smart billboards that tailor advertisements to be most effective on them individually.

youtube

The billboards have cameras feeding a Facial Analysis (not Facial Recognition) system that can identify characteristics like your age, gender, and mood. The company stresses that the system does not do Facial Recognition, meaning it doesn’t know that it is you, Jane Doe, from Perth looking at the billboard. The cameras instead record blurry images that are sufficient for the required analysis but not for Facial Recognition.

The system can determine characteristics such as the person looking at this particular billboard is likely:

Female

Age 30 to 35

Is very happy right now

Given this information, the system displays ads that are tailored to appeal to a person with these characteristics. That’s a little bit creepy. Even more creepy is that the system records the person’s reactions to the ads and sends the data to the relevant advertisers. This lets them tweak their ads to be even more effective at separating each shopper from their money.

According to this article in the Guardian, the system’s accuracy ranges from around 90% for gender to about 80% for mood.

The privacy concern here is that next step from facial analysis to analysis plus recognition. Few of us are likely to want stores recording where we are, what we buy, what mood we are in, how we react to specific ads, and who knows what else a combined system could learn about us.

According to the article, other stores are further along the facial recognition path than Westfield. They say that chains like 7-Eleven, Target, and Walmart are all experimenting with using facial recognition tech in their stores. In 2018, a company called FaceFirst launched a system called Fraud-IQ, which uses facial recognition technology to scan for known shoplifters and people abusing store return policies.

Another system is called Brain by DeepCam. This system uses facial recognition to spot people who have been added to the store’s database of problem visitors to identify those who need to be intercepted by security.

Brain by DeepCam

Both FaceFirst and DeepCam market their services to US retailers. While it is unclear which companies will supply the systems, and how soon your every move will be monitored, at some point it’s likely there will be by AIs connected to facial recognition systems in stores.

In 2018, the American Civil Liberties Union (ACLU) questioned 19 of the top American retailers, plus Disney, about their use of facial recognition technology. Only one of the companies (Lowes) said it did use the technology, and only one (Ahold Delhaize, which owns several supermarket chains) said it did not use facial recognition technology.

The other 18 refused to confirm or deny the use of facial recognition technology. Maybe we are paranoid, but these non-answers seem to imply that the companies either are now or will soon be using the technology.

Now What?

As we’ve seen, facial recognition systems are real, and they are deployed in the world. This is true despite their imperfections and the real privacy threats they embody.

One particular concern that I don’t believe has been getting enough attention is what happens when (not if, when) some database containing your facial characteristics or other biometric data gets hacked. This is your face we’re talking about, not some 8-character password. If biometric data gets stolen, you are in deep trouble. What are you going to do, get surgery to change the shape of your face?

Now What?

Facial Recognition systems are here, and they aren’t going away. They are instead spreading with little or no control. If these systems are going to be practical, hopefully there will be some serious discussions of topics like when and where is it appropriate to use this technology. And as a result, strict rules on who controls your biometric data, how it can be used, and how it can be stored safely.

References

How does Facial Recognition work?

What is Infrared Lidar?

How does Sonar work?

This article was originally published by Blokt.com. Read the original article here.

#Humans, #News, #Tech

#Facial Recognition #Guides #Infrared Lidar #Sonar #Humans #News #Tech

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adityarana1687-blog · 2 years

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Automotive Finance Market Witness Marvelous Growth Of $451.71 Billion By 2030

The global automotive finance market size is expected to reach USD 451.71 billion by 2030, registering a CAGR of 7.2% from 2022 to 2030, according to a new report by Grand View Research, Inc. Growing global demand for autonomous cars is expected to drive the market growth. Increasing government regulations on rising road safety are creating the need for autonomous cars with highly advanced technologies worldwide.

The investment made in the automotive finance industry is also creating new opportunities for market growth. For instance, in January 2021, MotoRefi, an automotive refinancing company, announced that it raised USD 10.0 million in a round that Moderna Ventures led. The company uses this funding to hire more employees and expand its offerings.

Various auto car manufacturers are entering into a partnership with automotive finance providers to enhance their customer experience. For instance, in March 2022, CIG Motors, a GAC brand distributor, announced its collaboration with Polaris Bank Limited. By means of this partnership, the former company aims to make vehicle ownership and acquisition easy for Nigerians through the Easy Buy scheme.

COVID-19 had a negative impact on the market growth in 2021. However, the global auto manufacturers, lenders, and dealers have got adjusted to the current COVID-19 situation. For instance, the automotive manufacturers incentivized their new car sales to grow their sales amid COVID-19. These efforts taken by the automakers are expected to improve the demand for automotive finance during the forecast period.

Request a free sample copy or view report summary: Automotive Finance Market Report

Automotive Finance Market Report Highlights

The banks segment is expected to dominate the market growth during the forecast period as banks offer secure financing to their customers. Banks also offer customers the facility to apply for pre-approval. This facility helps customers in comparing estimated loan offers

The direct segment is expected to dominate the market growth during the forecast period. Numerous customers across the globe prefer direct auto loans as they can easily access and get loans from the credit unions, banks, and other loan lending companies

The leasing segment is expected to register the highest CAGR during the forecast period. Customers are focusing on adopting the leasing model as it is a more flexible model in comparison to others for new, shared, and used vehicles that could comprise services such as insurance

The passenger segment dominated the market in 2021 and is expected to show similar trends during the forecast period. The number of passenger vehicles including pickup trucks and others on the road, continues to rise across the globe, thereby creating growth opportunities for the passenger vehicles segment during the forecast period

The presence of many prominent automotive finance providers in the European region and the adoption of innovative tools, such as biometrics, e-contracts, and machine learning, is expected to drive the regional market growth during the forecast period

Automotive Finance Market Segmentation

Grand View Research has segmented the automotive finance market based on the provider type, finance type, purpose type, vehicle type, and region.

Automotive Finance Provider Type Outlook (Revenue, USD Billion, 2017 - 2030)

Banks

OEMs

Other Financial Institutions

Automotive Finance Type Outlook (Revenue, USD Billion, 2017 - 2030)

Direct

Indirect

Automotive Finance Purpose Type Outlook (Revenue, USD Billion, 2017 - 2030)

Loan

Leasing

Others

Automotive Finance Vehicle Type Outlook (Revenue, USD Billion, 2017 - 2030)

Commercial Vehicles

Passenger Vehicles

Automotive Finance Regional Outlook (Revenue, USD Billion, 2017 - 2030)

North America

U.S.

Canada

Europe

Germany

U.K.

Asia Pacific

China

India

Japan

Latin America

Brazil

Middle East & Africa

List of Key Players in the Automotive Finance Market

Ally Financial

Bank of America

Capital One

Chase Auto Finance

Daimler Financial Services

Ford Motor Credit Company

GM Financial Inc.

Hitachi Capital

Toyota Financial Services

Volkswagen Financial Services

#Automotive Finance Market

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