The volume of visual data in the world is simply exploding. Consider these facts: Over 1 billion surveillance cameras are estimated to have been installed worldwide. The global self-driving cars market, which uses AI and integrated cameras to perform driving tasks, is projected to grow from over 20 million units in 2021 to more than compound annual growth rate (CAGR) 62 million units by 2030, at a CAGR of 13.3%. Even the average person is estimated to create 1.7 MB of data per second.
Posted April 18, 2023