cl-au logo
Story image

Computer vision tech market unchallenged by controversy

12 Feb 2020

Computer vision technology (CV) will find myriad applications in several industries and reach an estimated market size of US$28 billion by 2030, up from US$3.5 billion in 2019, according to GlobalData.

Computer vision is the ability for a computer to use an artificial intelligence algorithm to ‘see’ and interpret both still images and video.

Potential applications include inspection of goods and quality assurance, simple diagnoses through medical imaging, counting people in a certain area, and a wide variety of other possibilities.

However, it also includes surveillance which is becoming more controversial as the technology progresses.

As the technology matures, it will come under increasing scrutiny from regulators worldwide, especially on the use of facial recognition (FR), which is relatively cheap and easy to implement. 

Recently, for example, the entire EU has been considering a total ban on facial recognition technology in public places.

GlobalData’s latest report, ‘Computer Vision – Thematic Research’, states that the explosion in the volume of visual data, coupled with the increased sophistication of artificial neural networks and the availability of chips created specifically for artificial intelligence (AI) processes, will all drive growth in CV over the coming years.

“In the face of a regulatory vacuum, the lack of open public debate around FR is compromising its legitimacy among the public and raising fears of mass surveillance,” says GlobalData senior analyst Laura Petrone.

Of course, there are legitimate uses of facial recognition as well. Many border agencies use this biometric data to allow travellers to move more quickly through airport security and it is quickly becoming the preferred security measure for smartphones.

However, mass surveillance is certainly worth being wary of as can be seen in the stories that come out of China where it is used to keep track of citizens including, some have reported, identifying the persecuted Muslim minority population.

Technology players with large sets of visual data are leading the pack in CV, with Chinese and US technology giants dominating each segment of the value chain.

The USA continues to be China’s biggest rival in the battle for leadership in next-generation technologies. 

“There will be an intense rivalry between the two countries over CV and increasing divergence over standards and ethical approaches. Despite short-term hurdles to Chinese CV vendors, the ongoing trade dispute is unlikely to prevent Beijing from pursuing its Made in China 2025 programme, in which AI plays a major role,” Petrone adds.

Story image
Hitachi Vantara appoints new A/NZ channel leader
For the past three and a half years, Erin Mikan focused on cloud services as Macquarie Telecom Group strategic partner and alliance manager.More
Story image
Forrester analyses the top SaaS marketplace players
The ‘New Wave SaaS Marketplaces’ report analyses the top eight players and provides analyst insight on who is excelling, or trailing, in 10 criteria.More
Story image
Macquarie Telecom and Juniper Networks join forces for an Aus wide network refresh
“Together, we are confident that we can improve time-to-market while increasing the end customer’s experience, all while providing Macquarie Telecom with an ultra-reliable and highly-agile network for years to come.”More
Story image
NZ’s BayCom named NEC UC Partner of the Year yet again!
It is the third consecutive year the communications company has taken out the award.More
Story image
Digital transformation has become 'unstoppable' and essential for retailers, study finds
“The strong adoption of digital transformation by finance teams just demonstrates its incredible power to affect the bottom line. This survey illuminates the deep changes in the retail industry, which are mostly an acceleration of the trends that were already in motion.”More
Story image
Ping Identity makes changes to partner program to better serve businesses of today
“Expanding and deepening our collective efforts with our global strategic alliance and channel partners allows us to continue to innovate and bring comprehensive IAM solutions to the enterprise.”More