Middle East and Africa Image Analysis Software Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Deployment Type (On-Premises and Cloud), Image Dimension (2D, 3D, and 4D), and Industry Vertical (Healthcare & Life Sciences; Manufacturing; Academia; Minerals, Metals, and Oil; and Others)
The image analysis software market in the Middle East & Africa is expected to grow from US$ 199.75 million in 2021 to US$ 327.93 million by 2028; it is estimated to grow at a CAGR of 7.3% from 2021 to 2028.
Various companies have started to see the potential for deriving resources from unstructured data. Images or videos are used to create a unique and engaging consumer experience in several industries, such as retail, entertainment, and insurance claims. Image analysis help support a rising number of corporate use cases. These applications of deep learning and image analysis result from technological advancements in machine learning algorithms, datasets availability, and the existence of robust technologies with platforms that allow real-time processing. Companies anticipate significantly increasing capacity by deploying image analysis technology to transfer passengers from arrival through security to their departure gate, owing to the growth of the image analysis software market during the forecast period.
Turkey, Iran, South Africa, Iraq, Israel, Saudi Arabia, and UAE are a few countries in the Middle East & Africa with many COVID-19 cases and associated deaths. The region comprises several growing economies, such as the UAE and Saudi Arabia, which are prospective markets for image analysis software providers due to the huge presence of a diverse customer base for numerous industries. Currently, the Gulf countries are on the verge of adopting transformative digital technologies in various verticals to improve the socioeconomic conditions of these countries. However, due to the COVID-19 outbreak, the implementation of stringent measures, such as factory lockdowns, business shutdowns, and travel restrictions, aggravated the economic difficulties of the Middle Eastern & African countries.
Middle East & Africa Image Analysis Software Market Revenue and Forecast to 2028 (US$ Million)
Middle East & Africa Image Analysis Software Market Segmentation
Middle East & Africa Image Analysis Software Market - By Deployment Type
On-Premises Cloud
Middle East & Africa Image Analysis Software Market - By Image Dimension
2D 3D 4DMiddle East & Africa Image Analysis Software Market - By Industry Vertical
Healthcare & Life Sciences Manufacturing Academia Minerals, Metals, and Oil Others
Middle East & Africa Image Analysis Software Market- By Country
Saudi Arabia The UAE South Africa The Rest of the Middle East & Africa Middle East & Africa Image Analysis Software Market-Companies Mentioned
Bio-Rad Laboratories, Inc Carl Zeiss AG CLEMEX TECHNOLOGIES INC. Leica Microsystems MEDIA CYBERNETICS, INC. Olympus Corporation Perkin Elmer Inc. TISSUEGNOSTICS GMBH
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