Search results for: 'algorithms software'
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31 Aug 2023  |  Global  |  Frost Radar
Frost Radar™: Automatic Number Plate Recognition, 2023
A Benchmarking System to Spark Companies to Action - Innovation that Fuels New Deal Flow and Growth Pipelines
Automatic number plate recognition (ANPR) is an emerging technology that enables the recognition of license plate characters, both alphanumeric and non-alphanumeric, from still images or video footage of vehicles. The ANPR system creates a searchable database that law enforcement agencies or private companies can later use to identify vehicles that...
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05 Feb 2024  |  Global  |  Market Research
Generative Artificial Intelligence (GenAI) Applied for Internet of Things (IoT): Growth Opportunities
Integration Enables Efficiency and Problem-solving in Existing Processes and Revenue Generation from Emerging Opportunities
GenAI refers to algorithms and machine learning models used to create content, including text, audio, images, video, and code. To be a component of the IoT, Frost & Sullivan considers any product, application, or service must be part of a larger solution that comprises these 4 elements: Objects virtualized and imbued with data measurement ca...
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07 Feb 2022  |  Global  |  Market Research
Global Text Artificial Intelligence Growth Opportunities
Companies Looking for a Competitive Edge Fuel Demand and Create Growth Potential
Current text processing solutions are capable of analyzing tabular structured data formats with numerous rows and columns that are easier to process and store. This includes names, phone numbers, and addresses. Text artificial intelligence (AI), also referred to as text mining, is a technology that uses natural language processing (NLP) to con...
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20 Oct 2022  |  Global  |  Megatrends
Growth Opportunities Driven by Hyperlocal Supply Chain Shifts
Growing Consumer Expectations for Shorter Delivery Timelines Leading to Decentralized Hyperlocal Business Models for Better Customer Experience
A fundamental shift in consumer behavior has urged retail businesses to establish an omnichannel presence and rethink strategies. Growing inclination toward retail digitization and ultrafast order delivery drives the hyperlocal business model. About 68% of online shoppers prefer buying from platforms that offer fast shipping. In such a highly compe...
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25 Apr 2024  |  Global  |  Market Outlook
Global Medical Imaging Equipment and Informatics Outlook and Growth Opportunities, 2024
Rising Demand for Primary Care, Increasing Investment in AI-based Image Analysis Solutions, and Rapid Adoption of Enterprise Imaging in Multiple Specialties are Driving the Medical Imaging Industry
The global medical imaging equipment and informatics industry is experiencing increasing demand for primary care, high prevalence of chronic diseases, and high footfall in screening centers, which are driving its growth. 2023 marked an increasing focus on oncology and precision imaging, indicated by the rising procurement of computed tomography (CT...
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18 Dec 2024  |  Global  |  Market Research
Growth Opportunities for Telecommunications Service Providers in Artificial Intelligence, 2024
AI-powered Innovation Unlocks New Revenue Streams, Operational Efficiency, and Customer Value
AI refers to technologies that emulate human intelligence and assist decision-making with self-learning capabilities. Machine learning (ML) is a sub-field of AI that focuses on imitating how humans learn and includes the development and use of algorithms that can learn and adapt without following explicit instructions. Telcos have emerged as essen...
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18 Nov 2025  |  Global  |  Market Research
Computed Tomography in Dimensional Metrology Market, Global, 2024–2030
Industrial Adoption is Driving Computed Tomography Scalability in Dimensional Metrology
The global computed tomography (CT) in dimensional metrology market is estimated to grow at a compound annual growth rate (CAGR) of approximately 7.4% from 2024 to 2030, reaching revenue of about $414.1 million in 2030.The objective of this study is to identify the key market trends in 2024 and analyze the drivers and restraints influencing the ado...
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24 Jun 2026  |  Global  |  Market Research
Top 5 Growth Opportunities in AI-Enabled Drug Discovery, 2026
Growing Precision Medicine Research is Driving Agile Partnerships with Newer OoC Technologies
As the industry continues to innovate across novel small- and large-molecule therapies, including RNA-targeted small molecules, cell and gene therapies, and mRNA therapies, pharma sponsors increasingly rely on partners for technology access, database generation and analysis, and preclinical and clinical research.These disruptions continue to drive ...
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17 Nov 2021  |  Global  |  Market Research
Global Artificial Intelligence Growth Opportunities
Transformative Mega Trends of AI
Artificial intelligence leverages algorithms and large datasets to identify underlying relationships and drive new or better business outcomes. While still at a nascent stage, AI technologies are being adopted across industries globally to innovate business models, drive operational efficiencies, and create strategic differentiation. The potential ...
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21 Feb 2024  |  Global  |  Market Research
Global Managed Detection and Response Growth Opportunities
Competitive Intensity Drives AI-powered Innovation and Extended Service Offerings in the Rapidly Evolving and Fast-growing MDR Space
MDR is a managed security service that provides a combination of security tools, controls, and human expertise to deliver proactive 24x7 monitoring of a security environment and perform detection and response. While organizations have been providing SOC services for many years, MDR as a service has evolved. The change is due to fierce competition f...
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