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Insights on the Computational Photography Global Market to 2027 – Increasing use of Smartphones is Driving Growth

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Dublin, May 03, 2022 (GLOBE NEWSWIRE) — The “Computational Photography Market – Forecasts from 2022 to 2027” report has been added to ResearchAndMarkets.com’s offering.

The global computational photography market was valued at US$6.618 billion in 2020 and is expected to grow at a CAGR of 21.61% over the forecast period to reach a total market size of US$26.033 billion by 2027.

Camera settings can be automated through computational photography allowing for better point-and-shoot photography on digital cameras and particularly smartphones. The hardware is used for advanced computation to facilitate computational photography. By compressing, expanding, and mosaicking an image, this software system enhances and expands the capabilities of computational photography.

The North American machine vision market, which includes smart cameras, grew from USD1.8 billion in sales in 2010 to USD 2.07 billion in September 2019 according to AIA (Association for Advancing Automation). In addition to being driven by the need for better product inspection and quality control in manufacturing, this growth is also fuelled by an increasing need for more intelligent collaborative robots in the industry. The computational photography market is being driven by the above factors. Furthermore, mobile devices are becoming increasing capable of capturing high-quality images as computing technology advances. In the most recent development, for example, Xiaomi has shared information about the camera department of its next-generation flagship smartphone Mi 11. As a result of this announcement, Xiaomi Mi 11 will come with support for computational photography, a technique for capturing and processing images that employ digital computation instead of optical techniques.

Computation photography market is also being driven by the increasing adoption of image fusion techniques to achieve high-quality images. Recently, fusion techniques have gained popularity in various types of applications, making the need for objective, systematic, and quantitative methods to assess or evaluate the performance of these technologies urgently necessary.

Growth Factors:

Increasing use of Smartphones

Over the past decade, smartphones have witnessed improved picture-taking capabilities, with the cameras evolving exponentially in recent years. Mobile phone manufacturers are currently making announcements about integrating Artificial Intelligence (AI) and machine learning on their devices. The Qualcomm Spectra ISP technology in conjunction with computational photography capabilities can take images taken on smartphones to an entirely new level.

During the Snapdragon Tech Summit in 2019, Qualcomm unveiled an AI-powered “image segmentation” feature powered by Morpho software on its Snapdragon 865 processor. Major brands have come up with ways to make pictures look better with their smartphones, whether they are flagships from Huawei and Google or affordable smartphones from Xiaomi and Oppo. Xiaomi announced in April 2020 that it would incorporate a 144-megapixel camera into the Mi 10 Pro and Mi CC9 Pro, which had, respectively, 108-megapixel cameras. Computational photography is bein used in these phones, and its features are constantly being improved.

Google’s Pixel 4 uses computational photography in order to develop smartphones with cameras that are cutting-edge. With computational photography, the phone’s images are automatically enhanced to appear more professional. Among the most notable features in computational photography is Android’s Night Sight. This new feature provides a method for photographing the night sky and capturing images of stars. It is also predicted that the triple camera will become a popular feature for smartphone photography in the future. 2021 will see the launch of the Google Pixel 5XL and Google Pixel 5. The next iteration of Google Photos will leverage triple cameras to click on amazing images through machine learning and artificial intelligence thus boosting the market for computational photography.

Microsoft announced the Surface Duo smartphone in April 2020. The Surface Duo will run on an Android operating system, whatever comes after the release of Android 10. Computational photography algorithms will be used to process the images generated by the device’s CMOS multi-sensor, 3D, IR camera.

Restraint:

High cost:

The market growth of computational camera modules is however held back by high maintenance and manufacturing costs. The price of mobile phones rises as smartphone vendors strive to improve image quality.

COVID-19 Impact on Computational Photography Market:

For the first half of 2020, the number of smartphones produced drastically reduced due to the COVID-19 effect. The Qualcomm Snapdragon 865 AI-enabled phone brand was announced by some smartphone manufacturers, including Sony and Samsung, who will be using its camera architecture to advance computational photography. This caused the delay in production since the state of the pandemic madeit unclear regarding the demand. The world has been experiencing a decline in demand for analog semiconductors due to the stagnation of new projects. This market has been temporarily affected by COVID-19 since the supply chain chain was affected. A positive change in the economic environment will lead to an increase in production, restoring of supply chains, and increasing demand for computational photography solutions.

Key Topics Covered:

1. Introduction

2. Research Methodology

3. Executive Summary

4. Market Dynamics
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. The threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis

5. Computational Photography Market Analysis, By Application
5.1. Introduction
5.2. Cameras
5.3. Smart Phones
5.4. Machine Vision

6. Computational Photography Market Analysis, By Geography
6.1. Introduction
6.2. North America
6.2.1. United States
6.2.2. Canada
6.2.3. Mexico
6.3. South America
6.3.1. Brazil
6.3.2. Argentina
6.3.3. Others
6.4. Europe
6.4.1. UK
6.4.2. France
6.4.3. Germany
6.4.4. Italy
6.4.5. Others
6.5. Middle East and Africa
6.5.1. Saudi Arabia
6.5.2. UAE
6.5.3. Others
6.6. Asia Pacific
6.6.1. Japan
6.6.2. China
6.6.3. India
6.6.4. Thailand
6.6.5. Taiwan
6.6.6. Indonesia
6.6.7. Others

7. Competitive Environment and Analysis
7.1. Major Players and Strategy Analysis
7.2. Emerging Players and Market Lucrativenessness
7.3. Mergers, Acquisitions, Agreements, and Collaborations
7.4. Vendor Competitiveness Matrix

8. Company Profiles
8.1. Light
8.2. Alphabet
8.3. Microsoft Corporation
8.4. Samsung
8.5. Facebook Inc.
8.6. Apple Inc.
8.7. Corephotonics Ltd.
8.8. Micron Technology
8.9. Guandong Oppo Mobile Telecommunications Corp.
8.10. Photogram AI

For more information about this report visit https://www.researchandmarkets.com/r/ots0iq

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Enghouse Video Partners With SONIFI Health To Deliver Advanced Telehealth Solutions In Hospital Rooms

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MARKHAM, ON, April 25, 2024 /PRNewswire/ — Enghouse Video, a global leader in cutting-edge video technology solutions, today announced its partnership with SONIFI Health, enhancing virtual care in hospital settings.

SONIFI Health is a leading U.S. healthcare technology company based in Sioux Falls, South Dakota. The new partnership leverages and integrates Enghouse Video room systems technology to support SONIFI Health’s commitment to expanding telehealth applications and system optimizations in hospital settings.
Enghouse’s VidyoRooms solution, a sophisticated video conferencing technology that combines both software and hardware solutions, has been fully integrated into SONIFI Health’s interactive TV systems. This integration provides up to 4K high-quality video conferencing, multi-party sessions and robust security features that ensure full compliance with healthcare regulations.
Enghouse Video offers an immersive telehealth platform to support collaborative interdisciplinary care, improved patient outcomes and cost savings. The platform is flexible and simple, delivering the reliability, interoperability, and scalability needed for today’s healthcare environment. A key strength of the partnership is its offering of back-end integrations like patient portals, medical devices, EMR, tele-sitting, remote patient observation and consultation.
“Hospitals can choose the telehealth partner that’s right for them, and we incorporate that solution with interactive TV,” said Brian Nido, SONIFI Health’s Vice President of Customer Success. “Using the hardware and systems they already have in patient rooms helps hospitals reduce costs and maximize the value of their existing investments, while benefiting both clinicians and patients.”
SONIFI Health and Enghouse Video continue to collaborate closely to further refine and enhance the telehealth solutions provided to healthcare facilities. This partnership reflects a shared commitment to leveraging technology to create smarter hospital rooms and improve patient care across the healthcare spectrum.
About Enghouse VideoEnghouse Video, part of the Enghouse Interactive division, is a subsidiary of Enghouse Systems Limited, a vertically focused software and services company traded on the Toronto Stock Exchange (TSX: ENGH). Through highly secure, scalable and flexible Cloud-based or On Prem services, we deliver one of the world’s highest quality and most innovative video platform to video-enable any application or idea. From advanced video conferencing and collaboration tools to state-of-art enterprise video management, Enghouse Video is a unique player in multiple markets, including telehealth. Learn more at www.enghousevideo.com, read our blog, or follow us on Twitter at @EnghouseVideo, on LinkedIn, and on Facebook.
About SONIFI HealthSONIFI Health provides market-leading interactive patient engagement technology proven to improve patient outcomes and staff productivity. The EHR-integrated platform is designed to enhance patient and family experiences while increasing staff satisfaction and organizations’ operational efficiencies. As part of SONIFI Solutions, Inc., the company annually supports more than 300 million end user experiences. Learn more at sonifihealth.com.
Enghouse Video Contact: Sylvain Awad, Director, Demand Generation, Enghouse Video, part of Enghouse Interactive Division, [email protected]

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Global Insurance Provider Selects 3CLogic to Streamline AI and Contact Center Capabilities with ServiceNow

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Multinational Insurance Broker to deploy 3CLogic’s solution with ServiceNow’s Financial Service Operations (FSO) platform to streamline customer experiences.
ROCKVILLE, Md., April 25, 2024 /PRNewswire/ — 3CLogic, the leading Conversational AI and Contact Center solution for ServiceNow®, today announced its selection by a global insurance provider to replace its existing contact center infrastructure as part of a larger CX transformation effort. The strategic decision is designed to complement the organization’s use of ServiviceNow’s Financial Services Operations (FSO) offering leveraged across a number of its existing product lines including Customer Warranty Claims, Roadside Assistance, and Home Warranties.

Serving millions of customers worldwide with innovative insurance and protective products, the organization required a solution that would enhance its recent investment in the ServiceNow platform as it works to transform its end-to-end customer service operations. The deployment will incorporate several of 3CLogic’s AI-powered capabilities purpose-built for ServiceNow, including Conversational AI, Speech Analytics, and AI Performance & Coaching, along with integrated call transcriptions, convenient 2-way SMS, and ServiceNow-centralized contact center reporting.
“We continue to see enterprises eager to complement their existing investment in digital platforms, such as ServiceNow, with contact center features purpose-built to extend the workflows and features they already have and use,” explains Matt Durkin, VP of Global Sales at 3CLogic. “It’s no secret that organizations are already juggling too many systems, often with overlapping capabilities, which impacts ROI and operational efficiency. We’re proud to offer an alternative approach that helps simplify the technology stack while optimizing the overall operational costs and outcomes.”
Recently named to Constellation Research’s 2024 Shortlist for Digital Customer Service and Support, 3CLogic has seen global adoption of its solution by leading enterprises in healthcare, manufacturing, travel, retail, higher education, finance, non-profits, and Managed Service Providers across five continents. As a ServiceNow-certified Technology and Build partner with offerings available for ServiceNow’s IT Service Management, Customer Workflows, HR Service Delivery, and Source-to-Pay solutions, the company will be unveiling its latest set of capabilities at ServiceNow’s annual Knowledge 2024 event this May in Las Vegas.
For more information, please contact [email protected].
About 3CLogic3CLogic transforms customer and employee experiences with its leading Cloud Contact Center and AI solutions purpose-built to enhance today’s leading CRM and Customer Service Management platforms. Globally available and leveraged by the world’s leading brands, its offerings empower enterprise organizations with innovative features such as intelligent self-service, generative and Conversational AI, agent automation & coaching, and AI-powered sentiment analytics – all designed to lower operational costs, maximize ROI, and optimize each interaction across IT Service Desks, Customer Support, Sales or HR Services teams. For more information, please visit www.3clogic.com.
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ScreenPoint Medical Leadership Transition: Pieter Kroese Confirmed as CEO

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Leading Breast AI Company, creator of industry-leading Transpara®, promotes from within for new CEO
NIJMEGEN, Netherlands, April 25, 2024 /PRNewswire/ — ScreenPoint Medical, today announced a significant transition in its leadership as Mark Koeniguer, the current CEO, steps down from his position. Mark served as CEO since 2022 and was instrumental in ScreenPoint’s commercial growth and success over the past 2 years.

 
 
The company’s Board of Directors has appointed Pieter Kroese as the new Chief Executive Officer effective April 25, 2024. Pieter takes the role after serving as COO of ScreenPoint for over five years. During that time, he has managed the transition of the company from an early startup to a thriving enterprise with hundreds of customers using ScreenPoint’s flagship Transpara software to support millions of scans a year.
“I am thrilled to lead ScreenPoint into its next phase of growth and innovation,” said Mr. Kroese. “I am deeply committed to building upon the strong foundation we have and continuing to work closely with our talented team to drive continued success. We are already expanding screening capacity and capability through proven reader support – we look forward to increasing our ability to support providers and women moving forward.”
Sir Michael Brady, Chairman of the Board at ScreenPoint Medical and a co-founder of the company, expressed enthusiasm about Pieter’s appointment, stating, “Pieter’s remarkable leadership qualities, coupled with his depth of knowledge of our product and industry, make him the perfect choice to lead ScreenPoint into the future. His strategic mindset and commitment to excellence align perfectly with our company mission of early breast cancer detection. Pieter has been an integral part of our growth to date and will provide seamless leadership through this transition into our next chapter for our customers, partners, and team.”
Author of “No Longer Radical” and over a hundred peer-reviewed publications on breast imaging, Dr. Rachel Brem is a Transpara user and ScreenPoint Board Member. Dr. Brem welcomed Mr. Kroese with the following: “Pieter has been an integral part of the ScreenPoint team for years. I am confident that his leadership will continue to deliver product excellence: earlier detection with outstanding reading workflow and improved patient outcomes. We continue to see these results from clinical sites all over the world, including many here in the United States. No other Breast AI solution has demonstrated the same results as Transpara, and I am confident that the team will continue to push on these frontiers under Pieter’s leadership.” 
The entire team at ScreenPoint extends its gratitude to Mark Koeniguer and wishes him every success in the future, while warmly welcoming Pieter Kroese into his new role as CEO.
About ScreenPoint Medical
ScreenPoint Medical translates cutting edge machine learning research into technology accessible by radiologists to improve screening workflow, decision confidence and breast cancer risk assessment. Transpara is trusted by radiologists globally because it has been developed by experts in machine learning and image analysis and updated with user feedback from world-renowned breast imagers.
See all the proof at: https://screenpoint-medical.com/evidence.
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