AI-Based Fever Detection Camera Market Size 2020: Ravishing Growth due to Covid-19 Impact on Market
The worldwide surge in the growth of corona infected people has led to the emergence of advanced artificial intelligence-based fever detection cameras to monitor and detect human body temperature. Vaccine for coronavirus is still in its development stage and hence, the only way to reduce the spread of this pandemic is to isolate the infected person from the crowd. This type of camera is being considered as an efficient and effective device to identify a person with high temperatures as fever is one of the symptoms of coronavirus.
The global AI-based fever detection camera market size is USD1.28 billion by 2020 and is projected to reach USD 2.19 billion by 2027, exhibiting a CAGR of 8.0% during the forecast period.AI-based fever detection cameras are mainly employed in crowded places to identify the person with high temperatures. These cameras are capable of scanning people who enter with or without a mask. These devices speed up the processes at facilities and also notify the authorities if higher temperature person is recognized. They help the facility to isolate the person from the crowd. These cameras are expected to help businesses such as grocery stores and enterprises to operate their essential functions with minimum risk.
These cameras are designed to provide real-time updates of a person’s body temperature. Unlike the conventional thermal cameras, AI-powered fever cameras can detect a person within the crowd with high accuracy of temperature screening, sending an immediate alert automatically to the officials.
The demand for AI-based fever detection cameras is surging presently owing to the rapid spread of the coronavirus infection. The vaccine for the infection is still at the developmental stage. Hence, it is creating tremendous pressure on the healthcare system worldwide.
To lower this pressure to a certain extent, several tech companies are working persistently to develop new AI-based fever detection cameras for the early detection of fever as it is considered to be the earliest symptom of coronavirus. As these cameras deliver updates regarding an individual’s body temperature in real-time, they are gaining more popularity.
Once the person is detected, he/she is then isolated and taken for further testing. However, these cameras don’t always provide accurate temperature readings. These are also expensive in nature. It may hamper this market growth in the coming years.
Segmentation of AI-based Fever Detection Camera Market:
The market is fragmented with the presence of multiple large, medium, and small enterprises. They are presently trying to overcome the spread of the deadly coronavirus infection worldwide. To do so, they are investing hefty amounts of money in research and development activities for creating new AI-based fever detection cameras. Below are a couple of the latest industry developments:
Fortune Business Insights™ presents a list of all the manufacturers operating in the market. They are as follows:
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