“AI and mass surveillance are pushing the camera and computing market,” announces Yohann Tschudi, PhD. Technology & Market Analyst at Yole Développement (Yole). The market research and strategy consulting company forecasts a US$38 billion market (in revenue) by 2025 in its new report, Camera and Computing for Surveillance and Security.
With this report, Yole analyzes three specific technologies that use different type of algorithms in the security and surveillance industry: image processing, video analytics and AI.
The computing & software team from Yole is deeply engaged in this industry and proposes a collection of report dedicated to AI computing. Consumer, automotive, medical and today security and surveillance, analysts point out their understanding of the impact of software in the semiconductor industry by taking a look at what is happening on the semiconductor side and computing hardware in particular: CPU, GPU, FPGA and ASIC for AI.
“To establish the state-of-the-art processing and computing hardware required to accomplish simple to heavy tasks such as running complex algorithms and, in particular, deep neural network inference algorithms”, explains Yohann Tschudi from Yole. The surveillance & security report provides today a detailed description and analysis of the ecosystem and technologies that depend on the specific verticals: smart home, smart retail, smart city and industry 4.0. It reveals key technical insights and analyses into future technology trends and challenges, including key technology choices, technology dynamics and emerging technologies and roadmaps.
The camera and computing industry for surveillance and security includes 4 main applications that can be divided into 2 segments. Professional with smart cities, smart retail and industrial and consumer with smart home. Both are today pushing this industry. According to Yole’s report, the surveillance cameras revenue market reached US$21 billion by 2019 and should growth to US$34 billion in 2025. “It is important to notice that trade war effects and the coronavirus were minimal. Indeed, the main market for the two Chinese giants is the country’s gigantic domestic market, where the virus has not triggered a decrease in demand for surveillance cameras, especially in the commercial and smart city segments,” explains Yohann Tschudi.
The surveillance and security market is boosted by several factors… Full article