According
to market research report "Citizen Services AI Market by Application (Traffic and
Transportation Management, Healthcare, Public Safety, Utilities, and General
Services), Technology (ML, NLP, Image Processing, and Face Recognition), and
Region - Global Forecast to 2024", The global citizen services AI market size is expected to grow from
USD 1.5 billion in 2019 to USD 9.7 billion by 2024, at a Compound Annual Growth
Rate (CAGR) of 46.3% during the forecast period.
Increased
automation and agility, the need for delivering enhanced citizen experience,
and increased cost savings are major growth factors for the citizen services AI
market.
30 - Tables
30 - Figures
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Growth of traffic and
transportation management applications to be driven by increasing real time
data from traffic signaling stations
AI has beneficial
applications in different areas of government, including traffic management
with data collected in real time from traffic signaling stations, Closed
Circuit Television (CCTV) cameras, and other sources enabling traffic flow.
Traffic management bureau can manage traffic congestions with the help of tools
that use algorithms and ML techniques, in which the system analyzes large
amounts of data to detect statistical patterns and develop models that can be
used to make accurate predictions.
Increased security
capabilities result in rising popularity of face recognition technology
The technology has been
implemented across industries for various purposes. Face recognition solutions
are being deployed to track attendance; control access to restricted areas;
monitor and survey systems; identify crime suspects; detect emotions;
understand customer behaviors; build strong security systems; and for gender
analysis, age analysis, and identification and verification at airports, cafes,
restaurants, hotels, and stadiums.
North America to dominate
the global citizen services AI market in 2019
AI technologies such as
facial recognition, automated surveillance, and mass data collection have led
to their growing adoption for citizen services, eventually catering to the
growing need to help citizens and offer enhanced services accordingly. As the
benefits of adopting citizen services AI services are becoming more evident,
more government agencies are expected to implement citizen services AI
services. The US and Canada are the top countries contributing to the growth of
citizen services AI market in North America.
The report also studies
various growth strategies, such as mergers and acquisitions, partnerships and
collaborations, and developments, adopted by the major players to expand their
presence in the global citizen services AI market. Major vendors in the global
citizen services AI market include AWS (US), Microsoft (US), Accenture (US),
Alibaba (China), IBM (US), NVIDIA (US), Intel (US), Tencent (China),
Pegasystems (US), Baidu (China), and ADDO AI (Singapore).
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Content Source: https://www.marketsandmarkets.com/PressReleases/citizen-services-ai.asp
Report: https://www.marketsandmarkets.com/Market-Reports/citizen-services-ai-market-147682438.html
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com
Content Source: https://www.marketsandmarkets.com/PressReleases/citizen-services-ai.asp
Report: https://www.marketsandmarkets.com/Market-Reports/citizen-services-ai-market-147682438.html
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