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LAMEA Artificial Intelligence (AI) Sensor Market Size, Share & Industry Trends Analysis Report By Type (Optical, Motion, Position, Pressure, Navigation, Temperature, Ultrasonic), By Technology, By Application, By Country and Growth Forecast, 2023 - 2030

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    Report

  • 158 Pages
  • July 2023
  • Region: Africa, Middle East
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5868924
The Latin America, Middle East and Africa Artificial Intelligence (AI) Sensor Market should witness market growth of 44.6% CAGR during the forecast period (2023-2030).

A lot of companies use AI technology to provide better customer service. Chatbots are increasingly important for businesses as the demand for more effective communication platforms increases due to the development of natural language processing using artificial intelligence (AI). It can provide quick, precise responses to customers with more basic inquiries.

Customer support representatives can focus more on complex queries requiring more human touch by using chatbots, which can use previous questions and historical data to offer customized results. For instance, the Swedish clothing retailer H&M utilizes a chatbot to help mobile shoppers find outfit possibilities. A Facebook chatbot was developed by the American restaurant operator Dominos to speed up orders. Such aspects are likely to support the expansion of the AI sensor market in the near future.

The factors predicted to drive the expansion include the growing demand for life-saving medical equipment and the availability of self-driving features in new electric vehicles. The shift in emphasis toward digitization is projected to accelerate the expansion of AI sensors. Increasing efforts by tech firms to increase user access to artificial intelligence (AI) will boost market expansion throughout the projected period.

Spending on artificial intelligence (AI) in the public sector of the UAE's economy surged by 65.1% in 2018 to reach USD 52.1 million and is predicted to grow at a CAGR of 25.2% from 2019 to 2025, from USD 76.6 million to USD 368.3 million. By 2030, AI is anticipated to contribute almost 14% (or USD 96 billion) of the country's GDP. The UAE has already started integrating AI into the education, healthcare, space, transportation, and aviation sectors. These elements are predicted to support the regional market.

The Brazil market dominated the LAMEA Artificial Intelligence (AI) Sensor Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $795.8 million by 2030. The Argentina market is showcasing a CAGR of 45.4% during (2023-2030). Additionally, The UAE market would register a CAGR of 44.2% during (2023-2030).

Based on Type, the market is segmented into Optical, Motion, Position, Pressure, Navigation, Temperature, Ultrasonic, and Others. Based on Technology, the market is segmented into Machine Learning, Natural Language Processing, Computer Vision, and Context-aware Computing. Based on Application, the market is segmented into Smart Home Automation, Healthcare, Automotive, Manufacturing, Robotics, Aerospace & Defense, Consumer Electronic, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Robert Bosch GmbH, Sensata Technologies Holdings PLC, Sony Corporation, Baidu, Inc., BAE Systems PLC, Oracle Corporation, RELX PLC (LexisNexis Risk Solutions, Inc.), Sensirion AG, ACI Worldwide, Inc. and SAS Institute, Inc.

Scope of the Study

By Type

  • Optical
  • Motion
  • Position
  • Pressure
  • Navigation
  • Temperature
  • Ultrasonic
  • Others

By Technology

  • Machine Learning
  • Natural Language Processing
  • Computer Vision
  • Context-aware Computing

By Application

  • Smart Home Automation
  • Healthcare
  • Automotive
  • Manufacturing
  • Robotics, Aerospace & Defense
  • Consumer Electronic
  • Others

By Country

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Key Market Players

List of Companies Profiled in the Report:

  • Robert Bosch GmbH
  • Sensata Technologies Holdings PLC
  • Sony Corporation
  • Baidu, Inc.
  • BAE Systems PLC
  • Oracle Corporation
  • RELX PLC (LexisNexis Risk Solutions, Inc.)
  • Sensirion AG
  • ACI Worldwide, Inc.
  • SAS Institute, Inc.

Unique Offerings

  • Exhaustive coverage
  • The highest number of Market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Artificial Intelligence (AI) Sensor Market, by Type
1.4.2 LAMEA Artificial Intelligence (AI) Sensor Market, by Technology
1.4.3 LAMEA Artificial Intelligence (AI) Sensor Market, by Application
1.4.4 LAMEA Artificial Intelligence (AI) Sensor Market, by Country
1.5 Methodology for the research
Chapter 2. Market At a Glance
2.1 Key Highlight
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.1 Market Share Analysis, 2022
4.2 Top Winning Strategies
4.2.1 Key Leading Strategies: Percentage Distribution (2019-2023)
4.2.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2019, Jul - 2023, Apr) Leading Players
4.2.3 Key Strategic Move: (Product Launches and Product Expansions: 2019, Dec - 2023, Mar) Leading Players
4.3 Porter’s Five Force Analysis
Chapter 5. LAMEA Artificial Intelligence (AI) Sensor Market by Type
5.1 LAMEA Optical Market by Country
5.2 LAMEA Motion Market by Country
5.3 LAMEA Position Market by Country
5.4 LAMEA Pressure Market by Country
5.5 LAMEA Navigation Market by Country
5.6 LAMEA Temperature Market by Country
5.7 LAMEA Ultrasonic Market by Country
5.8 LAMEA Others Market by Country
Chapter 6. LAMEA Artificial Intelligence (AI) Sensor Market by Technology
6.1 LAMEA Machine Learning Market by Country
6.2 LAMEA Natural Language Processing Market by Country
6.3 LAMEA Computer Vision Market by Country
6.4 LAMEA Context-aware Computing Market by Country
Chapter 7. LAMEA Artificial Intelligence (AI) Sensor Market by Application
7.1 LAMEA Smart Home Automation Market by Country
7.2 LAMEA Healthcare Market by Country
7.3 LAMEA Automotive Market by Country
7.4 LAMEA Manufacturing Market by Country
7.5 LAMEA Robotics, Aerospace & Defense Market by Country
7.6 LAMEA Consumer Electronic Market by Country
7.7 LAMEA Others Market by Country
Chapter 8. LAMEA Artificial Intelligence (AI) Sensor Market by Country
8.1 Brazil Artificial Intelligence (AI) Sensor Market
8.1.1 Brazil Artificial Intelligence (AI) Sensor Market by Type
8.1.2 Brazil Artificial Intelligence (AI) Sensor Market by Technology
8.1.3 Brazil Artificial Intelligence (AI) Sensor Market by Application
8.2 Argentina Artificial Intelligence (AI) Sensor Market
8.2.1 Argentina Artificial Intelligence (AI) Sensor Market by Type
8.2.2 Argentina Artificial Intelligence (AI) Sensor Market by Technology
8.2.3 Argentina Artificial Intelligence (AI) Sensor Market by Application
8.3 UAE Artificial Intelligence (AI) Sensor Market
8.3.1 UAE Artificial Intelligence (AI) Sensor Market by Type
8.3.2 UAE Artificial Intelligence (AI) Sensor Market by Technology
8.3.3 UAE Artificial Intelligence (AI) Sensor Market by Application
8.4 Saudi Arabia Artificial Intelligence (AI) Sensor Market
8.4.1 Saudi Arabia Artificial Intelligence (AI) Sensor Market by Type
8.4.2 Saudi Arabia Artificial Intelligence (AI) Sensor Market by Technology
8.4.3 Saudi Arabia Artificial Intelligence (AI) Sensor Market by Application
8.5 South Africa Artificial Intelligence (AI) Sensor Market
8.5.1 South Africa Artificial Intelligence (AI) Sensor Market by Type
8.5.2 South Africa Artificial Intelligence (AI) Sensor Market by Technology
8.5.3 South Africa Artificial Intelligence (AI) Sensor Market by Application
8.6 Nigeria Artificial Intelligence (AI) Sensor Market
8.6.1 Nigeria Artificial Intelligence (AI) Sensor Market by Type
8.6.2 Nigeria Artificial Intelligence (AI) Sensor Market by Technology
8.6.3 Nigeria Artificial Intelligence (AI) Sensor Market by Application
8.7 Rest of LAMEA Artificial Intelligence (AI) Sensor Market
8.7.1 Rest of LAMEA Artificial Intelligence (AI) Sensor Market by Type
8.7.2 Rest of LAMEA Artificial Intelligence (AI) Sensor Market by Technology
8.7.3 Rest of LAMEA Artificial Intelligence (AI) Sensor Market by Application
Chapter 9. Company Profiles
9.1 Robert Bosch GmbH
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expense
9.1.5 Recent strategies and developments:
9.1.5.1 Product Launches and Product Expansions:
9.1.5.2 Partnerships, Collaborations, and Agreements:
9.1.5.3 Acquisition and Mergers:
9.1.6 SWOT Analysis
9.2 Sensata Technologies Holdings PLC
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expense
9.2.5 Recent strategies and developments:
9.2.5.1 Product Launches and Product Expansions:
9.2.6 SWOT Analysis
9.3 Sony Corporation
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expenses
9.3.5 Recent strategies and developments:
9.3.5.1 Product Launches and Product Expansions:
9.3.6 SWOT Analysis
9.4 Baidu, Inc.
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental Analysis
9.4.4 Research & Development Expenses
9.4.5 Recent strategies and developments:
9.4.5.1 Partnerships, Collaborations, and Agreements:
9.4.6 SWOT Analysis
9.5 BAE Systems PLC
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expenses
9.5.5 Recent strategies and developments:
9.5.5.1 Partnerships, Collaborations, and Agreements:
9.5.6 SWOT Analysis
9.6 Oracle Corporation
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expense
9.6.5 Recent strategies and developments:
9.6.5.1 Product Launches and Product Expansions:
9.6.6 SWOT Analysis
9.7 RELX PLC (LexisNexis Risk Solutions, Inc.)
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Recent strategies and developments:
9.7.4.1 Acquisition and Mergers:
9.7.5 SWOT Analysis
9.8 Sensirion AG
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Regional Analysis
9.8.4 Research & Development Expenses
9.8.5 Recent strategies and developments:
9.8.5.1 Acquisition and Mergers:
9.8.6 SWOT Analysis
9.9 ACI Worldwide, Inc.
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Regional & Segmental Analysis
9.9.4 Research & Development Expenses
9.9.5 SWOT Analysis
9.10. SAS Institute, Inc.
9.10.1 Company Overview
9.10.2 Recent strategies and developments:
9.10.2.1 Partnerships, Collaborations, and Agreements:
9.10.3 SWOT Analysis
Chapter 10. Winning Imperatives for Artificial Intelligence (AI) sensor market in Latin America

Companies Mentioned

  • Robert Bosch GmbH
  • Sensata Technologies Holdings PLC
  • Sony Corporation
  • Baidu, Inc.
  • BAE Systems PLC
  • Oracle Corporation
  • RELX PLC (LexisNexis Risk Solutions, Inc.)
  • Sensirion AG
  • ACI Worldwide, Inc.
  • SAS Institute, Inc.

Methodology

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