South America 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 South America is expected to grow from US$ 390.32 million in 2021 to US$ 688.12 million by 2028; it is estimated to grow at a CAGR of 8.4% from 2021 to 2028.
Artificial Intelligence (AI) is becoming the next significant technology in digital transformation. AWS, Microsoft, and Google are investing in improving their image analysis software solutions for better in-store and online retail performance. Due to the onset of the COVID-19 pandemic, demand for cloud-based services has increased even more. These factors are expected to support the growth of the image analysis software market during the forecast period.
The presence of various developing countries in South America makes it one of the key markets for the growth of the image analysis software market. The growing population, rising disposable income, high demand for advanced technologies, and a huge focus on digital transformation are a few of the key factors expected to drive the growth of the image analysis software market in South America. The high number of COVID-19 cases and associated deaths in major South American countries, such as Brazil, Peru, Chile, Ecuador, and Argentina, have slightly affected the market demand in 2020. After the emergence of the COVID-19 pandemic, IT & software businesses have grown in several South American countries due to digital acceleration, and the need for remote work has boosted the market growth during the pandemic. Thus, the image analysis software market was not majorly affected by the COVID-19 pandemic.
South America Image Analysis Software Market Revenue and Forecast to 2028 (US$ Million)
South America Image Analysis Software Market Segmentation
South America Image Analysis Software Market - By Deployment Type
On-Premises Cloud
South America Image Analysis Software Market - By Image Dimension
2D 3D 4DSouth America Image Analysis Software Market - By Industry Vertical
Healthcare & Life Sciences Manufacturing Academia Minerals, Metals, and Oil Others
South America Image Analysis Software Market- By Country
Brazil Argentina The Rest of South America South America Image Analysis Software Market-Companies Mentioned
ADCIS SA 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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