Smart AI-based cameras enable an increasing number of low latency mission-critical machine vision applications like pedestrian detection and alerting, and real-time surveillance in the Intelligent Transportation Systems (ITS) and the wider Smart Cities markets.
Read MoreThe market for the technologies that enable Smart Cities initiatives in Asia/Pacific (excluding Japan) is expected to reach $28.3 billion in 2018, according to the first-ever IDC Worldwide Semiannual Smart Cities Spending Guide. As these initiatives gain traction, IDC expects spending to accelerate over the 2016-2021 forecast period, reaching to $45.3 billion in 2021.
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