Artificial Intelligence
Computational Photography Market, 2020 – Growth, Trends & Forecast
Dublin, July 31, 2020 (GLOBE NEWSWIRE) — The “Computational Photography Market – Growth, Trends, and Forecast (2020 – 2025)” report has been added to ResearchAndMarkets.com’s offering.
The computational photography market is expected to hold a CAGR of 20% during the forecast period 2020 – 2025. Computational photography refers broadly to sensing strategies and algorithmic techniques that enhance or extend the capabilities of digital photography. Just as smartphone cameras rely on computational photography to adjust images despite the tiny physical lenses of a smartphone camera, so can computational photography enhance images for people with faulty vision through Augmented Reality (AR).In July 2019, Nvidia demonstrated prescription smart glasses that use augmented reality to improve a person’s vision. Instead of replacing prescription glasses every few years augmented reality prescription eyeglasses can simply adjust the vision of each lens to adapt to a person’s changing eyesight. This implementation can inhibit high growth in the market.
- Growing adoption of the Image Fusion Technique to achieve a high-quality image drives the market. Since image fusion techniques have been developing fast in various types of applications in recent years, methods that can assess or evaluate the performance of different fusion technologies objectively, systematically, and quantitatively have been recognized as an urgent requirement. The night color image enhancement is of great importance in both computational photography and computer vision.
- It can effectively increase the visibility and surrealism of the scene. Also, artificial illumination light distributes unevenly at night, leading to weakening the quality of monitoring photos and increasing the difficulty of surveillance. Thus, the night color image enhancement can promote video surveillance. Currently, the main techniques for night image enhancement are image fusion and image enhancement. According to the Security Industry Association, in 2019, the video surveillance equipment market in the United States was USD 4.56 billion, with an increase of USD 1.48 billion compared to the previous year. With the integration of computational photography techniques, the market is further expected to grow.
- Increasing demand for high-resolution computational cameras in machine vision for the autonomous vehicle sector drives the market. Major automaker companies, technology giants and specialist start-ups have invested more than USD 50 billion over the past five years, in order to develop autonomous vehicle (AV) technology. Although, Level 4 and Level 5 (as scaled by SAE) autonomous cars are unlikely to reach wide acceptance, by 2030, there would be rapid growth for Level 2 and Level 3 autonomous cars, which have advanced driver assistance systems, like collision detection, lane departure warning, and adaptive cruise control.
- Further, an inability to handle misty driving conditions has been one of the chief obstacles to the development of autonomous vehicular navigation systems that use visible light, which is preferable to radar-based systems for their high resolution and ability to read road signs and track lane markers. MIT researchers have developed a system with the help of computational photography that could help self-driving cars see through the fog. These factors further inhibit the growth of the market.
- With the effect of COVID-19 impact, the production of smartphones for the first half of 2020 is expected to drop drastically. The chipmaker, Qualcomm Inc., says that the coronavirus outbreak globally, it poses a potential threat to the mobile phone industry, with a possible impact on manufacturing and sales. Globally, semiconductor revenues are expected to decline by nearly 2 to 3% in 2020. Further, it disrupted the supply chain with some smartphone brands such as Sony, Samsung, who announced the integration of Qualcomm’s Snapdragon 865 AI-enabled (has a camera architecture that should advance computational photography). This leads to the delay in the production as it is unpredictable currently when the pandemic gets over.
Key Market Trends
Android Smartphone to Witness Significant Market Growth
- Cellphone photography has come a long way, starting from 0.3 megapixel VGA cameras. Over the past few years, smartphone camera technology has grown exponentially. Currently, smartphone manufacturers talk about Artificial Intelligence (AI) and machine learning for being implemented in their phones. According to Morgan Stanley, with the increasing scope of sale of the android smartphone in the coming years, the implementation of computational photography in more number of brands is highly predictable.
- Qualcomm Spectra ISP technology combined with Computational Photography capabilities can take smartphone pictures to a whole new level of advanced imaging techniques. The next round of machine learning-added computational photography will be seen in both photos and videos.
- At the Snapdragon Tech Summit in 2019, Qualcomm showed off a Snapdragon 865 AI-enabled image segmentation feature powered by Morpho software. Flagship smartphones from Huawei and Google to affordable handsets from Xiaomi and Oppo, every brand has focused on introducing some form of intelligence to help make pictures look finer.
- Google’s Pixel 4 is an advanced example of how computational photography is driving the future of smartphone cameras. Google unveiled Pixel 4 and Pixel 4 XL, a new version of its popular smartphone, which comes in two screen sizes. While the devices include new hardware features such as an extra camera lens and an infrared face scanner to unlock the phone, Google emphasized the phones’ use of so-called computational photography, which automatically processes images to look more professional.
- These new features provide a mode to shoot the night sky and to capture the images of stars. By adding the extra lens, Google built a software feature called Super Res Zoom, allowing users to zoom in more closely on images irrespective of losing much detail. The most significant is Android’s Night Sight features in computational photography.
- Further, one of the earliest forms of Computational Photography introduced is HDR, a high dynamic range assisting in taking a burst of photos at different exposures and blending the best parts of them into one optimal image. Google took HDR in pushing ahead with its HDR Plus approach technology. Instead of combining photos taken at dark, ordinary and bright exposures, it captured a larger number of dark, underexposed frames.
- Also, triple cameras can become the future of smartphone photography. Google Pixel 5XL and Google Pixel 5 are still a year off for launch. The launch will happen in 2021. Google announced to implement machine learning and AI processing to click on amazing images with the utilization of Triple cameras in the next iteration.
- Further, in April 2020, Microsoft announced its new Surface Duo smartphone, which will be running on an android platform whatever comes after Android 10. The device will feature a CMOS multi-sensor, 3D, IR camera that may use Computational photography algorithms.
Key Topics Covered:
1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Growing Adoption of Image Fusion Technique to Ahieve High-Quality Image
4.2.2 Increasing Demand for High-Resolution Computational Cameras in Machine Vision for Autonomous Vehicle
4.3 Market Restraints
4.3.1 High Manufacturing and Maintenance Costs
4.4 Industry Value Chain Analysis
4.5 Industry Attractiveness – Porter’s Five Forces Analysis
4.5.1 Threat of New Entrants
4.5.2 Bargaining Power of Buyers/Consumers
4.5.3 Bargaining Power of Suppliers
4.5.4 Threat of Substitute Products
4.5.5 Intensity of Competitive Rivalry
4.6 Assessment of Impact of Covid-19 on the Industry
5 MARKET SEGMENTATION
5.1 By Offerings
5.1.1 Camera Modules
5.1.2 Software
5.2 By Type
5.2.1 Single- and Dual-Lens Cameras
5.2.2 16-Lens Cameras
5.3 By Application
5.3.1 Smartphone Cameras
5.3.2 Machine Vision Cameras
5.3.3 Other Applications
5.4 Geography
5.4.1 North America
5.4.1.1 US
5.4.1.2 Canada
5.4.2 Europe
5.4.2.1 Germany
5.4.2.2 UK
5.4.2.3 France
5.4.2.4 Rest of Europe
5.4.3 Asia-Pacific
5.4.3.1 India
5.4.3.2 China
5.4.3.3 Japan
5.4.3.4 Rest of Asia-Pacific
5.4.4 Rest of the World
6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Apple Inc.
6.1.2 Alphabet Inc.
6.1.3 Qualcomm Technologies, Inc.
6.1.4 Nvidia Corporation
6.1.5 Light Labs Inc.
6.1.6 CEVA, Inc.
6.1.7 FotoNation, Inc.
6.1.8 Algolux Inc.
6.1.9 Pelican Imaging Corporation
6.1.10 Almalence Inc.
7 INVESTMENT ANALYSIS
8 MARKET OPPORTUNITIES AND FUTURE TRENDS
For more information about this report visit https://www.researchandmarkets.com/r/4j5m9v
Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.
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Artificial Intelligence
XtalPi Unveils XtalGazer: A Comprehensive AI-Driven Polymorph Selection Platform
CAMBRIDGE, Mass., March 28, 2024 /PRNewswire/ — XtalPi Inc., a leading global technology company in integrating artificial intelligence (AI) and robotics to advance the discovery of groundbreaking medicine and innovative materials, announced today the launch of its proprietary comprehensive solid form discovery and selection platform, XtalGazer. This advanced platform aims to significantly improve the polymorph selection process for the pharmaceutical industry by integrating AI- and automation-powered experimental and computational approaches.
XtalGazer provides a total solution for delivering high-quality polymorph screening and selection methods to expedite drug development and mitigate risks. It represents a paradigm shift in solid-state research, moving from the traditional trial-and-error approach to a data-driven, design-led methodology. The platform provides an expansive suite of foundational tools to accelerate polymorph discovery, characterization, and selection process, empowering pharmaceutical companies to conduct thorough research with less active pharmaceutical ingredient (API) in shorter development cycles.
A key component of XtalGazer is XtalCSP, a crystal structure prediction platform to perform global searches of crystal structures for target molecules and the other optional components in the corresponding searching space, offering a deep insight into possible stable forms. Furthermore, crystallization strategy recommendations will provide AI-backed experimental design to help avoid human bias. XtalGazer also utilizes MicroED to rapidly elucidate crystal structures from powder samples, reducing the need for growing single crystals.
XtalPi’s launch of XtalGazer marks another significant step in the company’s ongoing exploration of solid-state research. From crystal structure prediction platforms being one of the first products to launch at XtalPi, to today’s comprehensive polymorph selection platform, XtalPi will keep fulfilling its promise to solving challenging problems in this space. XtalPi will continue to deliver faster, more accurate, and more comprehensive approaches to building an ecosystem for the R&D process in solid-state, pre-formulation and crystallization.
For more information about XtalPi, please visit www.xtalpi.com.
About XtalPi:
XtalPi is an innovative technology company powered by artificial intelligence (AI) and robotics. Founded in 2015 on the MIT campus, XtalPi is dedicated to driving intelligent and digital transformation in the life science and new materials industries. With tightly interwoven quantum physics, AI, cloud computing, and large-scale clusters of robotic workstations, XtalPi offers a range of technology solutions, services, and products to accelerate and empower innovation for biopharmaceutical and new materials companies worldwide.
Media Contact: Vivienne [email protected]
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Artificial Intelligence
ICIS and Base Oil News Announce Partnership to Enhance Market Insights
LONDON, March 28, 2024 /PRNewswire/ — ICIS, a global source of commodity intelligence, is pleased to announce a strategic partnership with Base Oil News, a premier news outlet founded by industry expert Iain Pocock that provides in-depth coverage of the base oils and lubricants market. This collaboration marks a significant milestone in the dissemination and exchange of critical market data and insights.
With more than two decades of journalism experience at Bloomberg, Reuters, and Argus Media, Iain Pocock brings unparalleled expertise to this partnership. His deep understanding of illiquid energy markets makes him a credible and influential figure in the industry. Since November 2023, Iain has been working closely with ICIS to share and exchange valuable data and insights, enhancing the services both platforms offer to the base oils and lubricants market.
Through the collaboration, Iain integrates ICIS’ extensive content and data resources in Base Oil News market coverage. In return, he contributes market insights to ICIS News, including expert and exclusive analysis of supply and demand dynamics, price margins, and other critical market drivers. This exchange ensures that subscribers of both ICIS and Base Oil News have access to the most comprehensive, timely, and accurate market information, empowering them to make informed decisions.
“It’s a very exciting partnership – where we leverage each other’s strengths and provide actionable insights to our customers,” said Iain Pocock, Founder of Base Oil News. “The market is the winner.”
“As ICIS is already the world’s most trusted pricing benchmark for base oils, this collaboration with Iain Pocock and Base Oil News provides an even stronger and deeper service to our customers,” said Stephen Burns, Editorial Director at ICIS. “Iain’s expertise and extensive industry connections are invaluable, and we have established a fruitful partnership that benefits the market at large.”
For the latest insights from Iain Pocock on ICIS News, visit ICIS News.
About ICIS
ICIS – Independent Commodity Intelligence Services – helps businesses through seamlessly delivering data and analytics, across the chemical, fertilizer and energy markets. A trusted source and benchmark for price information and insight across key commodities markets worldwide. Our independent, transparent market intelligence informs thousands of quality decisions every day, taking the pressure out of negotiations and giving customers space for more innovative thinking, through published datasets including price assessments, price forecasts, supply and demand fundamentals and more.
Over 150 years of shaping the world by connecting markets to optimise the world’s valuable resources. With a global team of more than 600 experts, ICIS has employees based in London, New York, Houston, Karlsruhe, Milan, Mumbai, Singapore, Guangzhou, Beijing, Shanghai, Dubai, Sao Paulo, Seoul, Tokyo and Perth.
ICIS is part of RELX, a FTSE15 company with a market cap of £64bn and an employee base of over 30,000 experts across 40 countries.
About RELX
RELX is a global provider of information and analytics for professional and business customers across industries. The Group serves customers in more than 180 countries and has offices in about 40 countries. It employs approximately 30,000 people of whom almost half are in North America. RELX PLC is a London listed holding company which owns 52.9% of RELX Group. RELX NV is an Amsterdam listed holding company which owns 47.1% of RELX Group. The shares are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX and RENX. Total market capitalisation is approximately £64bn | €75bn | $81bn.
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Artificial Intelligence
Trianz Welcomes Israel Abraham as Vice President of Services for Extrica.ai – The Data to AI Platform
SANTA CLARA, Calif., March 28, 2024 /PRNewswire/ — Digital transformation technology & services company Trianz is pleased to announce the appointment of Israel Abraham as Vice President of Extrica Platform Services.
Trianz has embarked on a transformative journey, redefining its value proposition with an ‘IP Led’ model, with a commitment to deliver the fastest time to value, lowest human dependence, and highest ROI. Central to this approach are our hyper-automated platforms, Concierto.Cloud, Extrica.AI, and Pulse, driving industry-leading transformations in cloud, data and analytics, AI, and the digital workplace.
Israel Abraham is a very well-known pioneer and industry leader in AI, data management, and analytics systems, with over three decades of experience. He joins as the services leader for Extrica- the Trianz Data to AI platform, which productizes data, provides data a face and purpose, and accelerates time to insights and AI by 50% or more. In the role of Extrica Services leader, Israel will lead the shaping, visioning, and delivery of Extrica.ai based enterprise wide datamesh, BI, and AI solutions for customers worldwide.
“We are thrilled to welcome Israel Abraham to the Trianz family,” said Sri Manchala, CEO of Trianz and author of Crossing the Digital Faultline. “He is a leader in modernization as well as conceptualization of data platforms anew. Israel’s prior background in the industry with financial services and insurance giants underscores our commitment to securing top-tier talent that brings real-world experiences and needs to our technology platforms. As we continue to broaden our footprint in the digital transformation space, Israel’s visionary leadership and practical experience will serve as the cornerstone in accelerating insights and AI to deliver transformative value to our clients.”
Having played pivotal roles in highly reputed and large organizations such as Liberty Mutual Insurance, MassMutual, Safeco, and CNA Insurance, Israel has garnered recognition as a seasoned leader in big data and AI cloud implementations. His accolades include the prestigious 2014 Ventana Research IT Innovation Award, the 2009 Informatica MDM Innovation Award, and three filed Data Engineering patents in the last four years.
“Trianz has been at the forefront of digital innovation, and Extrica.ai is a paradigm shifting data to AI platform that completely changes how analytics and AI are delivered- much faster, taking business ahead of change. I am excited to scale the adoption of the Extrica platform, which has attracted attention from giants across the industry and hyperscalers,” said Israel Abraham. “I look forward to engaging with customers, bringing my own experiences, and collaborating with the talented team at Trianz to further enhance the capabilities of the Extrica Platform Services to transform data & AI strategies, execution, and outcomes for customers.”
About Trianz
Trianz is a leading-edge technology platforms and services company that accelerates digital transformations at Fortune 100 and emerging companies worldwide in data & analytics, digital experiences, cloud infrastructure, and security. Our ‘IP Led Transformations’ approach, informed by insights from a recent global study spanning 20+ industries and 5000+ companies, addresses challenges posed by the rapid pace of AI-driven transformation, digital talent scarcity, and economic uncertainty. Our IP and platforms, including Concierto, Extrica, and Pulse, revolutionize cloud adoption, data analytics, and AI insights, empowering organizations to navigate the complexities of digital transformation seamlessly.
Founded in California and with an organization of over 2,000 associates across the United States and India, Trianz is a Premier Partner of AWS, consistently rated #1 by clients for value delivery over the past five years. Trianz has been ranked as one of the best Consulting Firms by Forbes and has been certified as a Great Place to Work for three years in a row. To learn more about Trianz, email [email protected] or visit www.trianz.com.
Watch Trianz CEO Sri Manchala’s insightful interview with Bloomberg on Partner | Crossing The Digital Faultline & Leading Towards Transformative Success – YouTube and delve deeper into his book Crossing the Digital Faultline at Crossing the Digital Faultline | Trianz.
Trianz Media [email protected] +1-408-387-5800
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