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
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Artificial Intelligence
Unlock an Exclusive Olympic Experience: Celebrating Live4Well’s Sold-Out Genesis NFT
HONG KONG, May 25, 2024 /PRNewswire/ — The buzz surrounding Live4Well’s successful Genesis NFT membership launch on May 23 has captivated both traditional and web3 communities. Combining the power of AI technology and decentralized physical infrastructure (DePin) concept, Live4Well has infused new life into the NFT market. The overwhelming response to their first NFT sales, showcases the project’s immense potential. Renowned web3 community leaders from Azuki, Bored Ape, Pudgy Penguins, WELL3, etc have joined forces with Live4Well, propelling the Genesis NFT membership collection to its resounding success.
Live4Well aims to transform the wellness industry by creating a reward-based infrastructure that connects global fitness data, enhances their AI database, and drives the development of sports and wellness. Backed by a multi-billion family office, which recently invested $20 million in Live4Well, the project has gained support in both web3 and traditional spaces. The team believes that every drop of sweat and effort toward better health should be rewarded, fostering motivation and integrating exercise into daily lives for enhanced well-being.
Live4Well’s announcement of an Olympic-themed raffle for Genesis NFT holders reflects their commitment to connecting wellness between Web2 and Web3 platforms. This testament to Live4Well’s demand and innovative vision solidifies their position as a promising leader in the industry. Their integration of the Olympic signifies their determination to inspire a global audience, leveraging blockchain technology to create an immersive ecosystem that revolutionizes how individuals engage with fitness on a daily basis for better health. Live4Well’s dedication to bridging the gap between traditional practices and the digital landscape sets them apart as pioneers in promoting well-being on a global scale.
What is Genesis NFT membership?
The Genesis NFT unlocks a multitude of benefits for holders, including the opportunity to cash out their sportive income and access a range of exclusive physical products and services. In addition to future airdrops and angel round whitelist privileges, Genesis holders will receive VIP tailor-made product packs from an innovative German sportswear company, elevating their exercise performance to new heights. With over 400 million sweat points farmed by their users, they are eager to redeem through the Genesis NFT membership. These enticing incentives explain why there was a widespread eagerness to participate in this thrilling event.
Unlike typical projects that raise funds before launching products or services, Live4Well has already released its AI-powered app, amassing over 250,000 users as a community base actively engaging in daily exercise. This early success has fostered a promising community within the wellness industry, as users trust Live4Well’s roadmap and collaborative ventures. The growing traction from both ordinary individuals and web3 enthusiasts has intensified the demand for redeeming and cashing out sweat points, the project’s exercise-based rewards. Obtaining the Genesis NFT membership is now seen as an essential step for accessing the highest tier of benefits and cashing out sportive income.
What’s next for Live4Well?
Following the Genesis sales, Live4Well’s team will shift their focus to the upcoming token generation event (TGE) and a series of farming events. They also have exciting plans for partnerships and other collaborations in the global wellness and fitness industries. If you missed the initial launch, be sure to stay updated on Live4Well’s journey and join this extraordinary revolution.
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Artificial Intelligence
Overseas Expansion Strategy of K-OTT Introduced in France, KOCCA holds the ‘2024 Korea-France Content Forum’
– The ‘Korea-France Content Forum’ held to establish the Foundation for K-OTT’s oversea expansion
PARIS, May 24, 2024 /PRNewswire/ — The Ministry of Culture, Sports and Tourism (Minister Yu In-chon) and the Korea Creative Content Agency (President, Jo Hyun-rae, hereafter KOCCA) held the ‘2024 Korea-France Content Forum’ on May 24th during the Korea Expo in Paris, France.
The ‘2024 Korea-France Content Forum’ featured a keynote session (K-OTT’s Strategies in Global market) presenting K-OTT’s strategies for international expansion and a roundtable session (Strategies in the Era of Streaming) discussing the growth of OTT platforms and collaborative approaches with production companies.
The forum featured participation from various industry leaders including Kun hee Park (CEO, Wavve Americas), Sangjin Lee (Head of content IP Business, LG U+), Seung ae Sohn (Executive Director, Showbox), Ji ae Sohn (Ambassador for Cultural Cooperation), Moonju Kim (General Director, France Business Center, KOCCA), Isabelle Degeorges (President, Gaumont Television France) which produced the French Netflix original series, participated.
Strategy announcement by Wavve Americas (KOCAWA), the first K-OTT’s launched in Europe
During the Keynote Session, Park Kun Hee – CEO of Wavve Americas, the first domestic OTT Platform to launch services in Europe, Took the stage to discuss the international expansion strategy of KOCOWA, which started offering services in 39 countries including Europe since April of this year. Following this, Lee Sangjin, Head of Content IP Business of LG U+, presented the expansion strategy of LG U+ Mobile TV, encompassing diverse original content.
During the round-table session, participants shared thoughts and solutions regarding the survival strategies of local OTT platforms and production companies amidst the rapid waves of change brought about by the emergence of global OTT platforms.
In particular, through this forum, we were able to observe the proactive implementation of IP protection policies by local production companies in France, aimed at sustainable content creation. Isabelle Degeorges, CEO of Gaumont Television France, noted, “With the introduction of the European Audiovisual Media Services Directive (AVMSD), platforms and production companies can share IPs three years after supplying the content.” Kim Moon-joo, Director of the Korea Creative Content Agency’s France Business Center, participated as a panelist, introducing policies aimed at enhancing the competitiveness of K-OTT and fostering collaboration with production companies.
Park Kun Hee, CEO of Wavve Americas, who participated in the event, stated, “It was a meaningful opportunity to introduce our platform locally in Europe in line with KOCOWA’s expansion into the region”. Additionally, Kyoungbon Koo, Director Broadcasting & Video Content Division at KOCCA commented, “It was a meaningful occasion to not only introduce K-OTT’s strategies to Europe but also to exchange ideas on collaboration between Korea and France. We will continue to focus on activating various forms of collaboration with major international partners in the future”.
KOCCA supports the overseas expansion of excellent domestic OTT content and platforms through the newly established Local OTT Specialized Support Program this year. This initiative aims to enhance the competitiveness of domestic OTT platforms and content by adapting to the changing industrial environment.
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Artificial Intelligence
IoT Node and Gateway Market worth $604.7 billion by 2029 – Exclusive Report by MarketsandMarkets™
CHICAGO, May 24, 2024 /PRNewswire/ — The IoT Node and Gateway market is projected to grow from USD 424.6 billion in 2024 and is estimated to reach USD 604.7 billion by 2029; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 7.3% from 2024 to 2029 according to a new report by MarketsandMarkets™. The growth of the IoT Node and Gateway market is driven by the Provision of increased IP address space through IPv6, Emergence of 5G technology, and Increasing need for data centers.
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Browse in-depth TOC on “IoT Node and Gateway Market”
410 – Tables70 – Figures390 – Pages
IoT Node and Gateway Market Report Scope:
Report Coverage
Details
Market Revenue in 2024
$ 424.6 billion
Estimated Value by 2029
$ 604.7 billion
Growth Rate
Poised to grow at a CAGR of 7.3%
Market Size Available for
2020–2029
Forecast Period
2024–2029
Forecast Units
Value (USD Million/Billion)
Report Coverage
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered
By Hardware, End-use Application and Region
Geographies Covered
North America, Europe, Asia Pacific, and Rest of World
Key Market Challenge
Requirement for wireless spectrum and licensed spectrum
Key Market Opportunities
Accelerated IoT adoption in healthcare sector
Key Market Drivers
Rising use of wireless smart sensors and networks
By Hardware, the Logic Devices are projected to grow at a high CAGR of IoT Node and Gateway market during the forecast period.
Logic devices can adapt to changing requirements even after deployment. As new features or functionalities are needed, the logic within the device can be reprogrammed to accommodate these changes, extending the useful life of the product and reducing the need for hardware revisions. The integration of FPGA technology into IoT devices further enhances these advantages. The integration of FPGAs into IoT nodes and gateways empowers manufacturers to develop highly optimized, customizable, and scalable solutions that meet the diverse needs of IoT applications. Tesla’s Full Self-Driving (FSD) computer utilizes FPGAs to handle complex neural network computations for autonomous driving algorithms. This allows them to potentially improve their FSD capabilities through software updates that reconfigure the logic within the FPGAs.
BFSI segment in IoT Node and Gateway Market is projected to grow at a highest CAGR during the forecast period.
BFSI sector can use IoT technology to provide more convenient solutions for customers. IoT can be used to perform data collection in real time and for instant communication between devices. For instance, it can facilitate cashless payments using an RFID scanner to identify products in the shopping cart and mobile wallet. The adoption of mobile point of sale (mPOS) systems and kiosks is fundamentally reshaping the landscape of the BFSI market. mPOS facilitates transactions anytime, anywhere, benefiting unbanked populations and enabling temporary service points for events. Kiosks offer convenient banking functionalities, reducing wait times and freeing up staff for complex inquiries. These technologies drive cost savings by requiring less investment and automating routine tasks, allowing resources to be reallocated strategically. They provide rich data for personalized services, fraud detection, and operational optimization. mPOS systems and kiosks promote financial inclusion by extending services to remote areas, fostering economic activity and well-being.
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North America accounts for the largest share in IoT Node and Gateway Industry.
The North American IoT market is poised to grow, driven by government efforts to transition cities into smart urban centers. The growing need for sophisticated IoT solutions, fueled by the widespread availability of high-speed data, will further propel market expansion in this region. Furthermore, North America’s dynamic IoT node and gateway ecosystem features established players like Intel Corporation (US), Texas Instruments Incorporated (US), Dell (US), and Cisco Systems (US), driving competition, innovation, and affordability. Increasing research and development at industry levels is broadening the application areas of IoT in various industries, such as retail, consumer electronics, automotive and transportation, and healthcare, especially in the US. The increased demand for effective solutions and focus on early, accurate, and fast diagnosis of diseases has led to huge investments in technological developments in the healthcare sector.
Key Players
Key companies operating in the IoT Node and Gateway companies are Intel Corporation (US), Qualcomm Technologies, Inc. (US), Texas Instruments Incorporated (US), STMicroelectronics (Switzerland), Microchip Technology Inc. (US), Huawei Technologies Co., Ltd. (China), NXP Semiconductors N.V. (Netherlands), Cisco Systems, Inc. (US), Hewlett Packard Enterprise Development LP (US), TE Connectivity Ltd (Switzerland), Advantech Co., Ltd. (Taiwan), Dell Technologies (US), among others.
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