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New York, USA, April 16, 2024 (Globe Newswire) — The global artificial intelligence in forensic science market size is expected to hold a significant share by 2033, with compound annual growth during the forecast period. The rate (CAGR) is 13.8%. period.
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Artificial intelligence (AI) will dominate the next industrial revolution. Artificial intelligence will transform every sector of the economy. Artificial intelligence offers a wealth of opportunities in the field of forensic science, which is critical to criminal investigations. Forensic science has been used to investigate crimes and bring justice to victims. Thanks to recent advances in technology, forensic scientists can now use artificial intelligence (AI) as a tool to aid in investigations. Artificial intelligence (AI) has the potential to revolutionize the field of forensic science thanks to its ability to provide more accurate evidence analysis and speed up the suspect identification process. However, another major challenge to the market is the reluctance of the forensic community to move from current systems to AI-operated systems that require less human participation. Additionally, a major barrier to the market is the lack of industry standards for AI models. Healthcare data is often unstructured and unique to each business, making it difficult to build reliable and widely applicable AI solutions. Both of these issues impose severe restrictions on the market and therefore limit the use of AI solutions in the healthcare industry.
Browse key industry insights across 200 pages, including the report’s 115 market data tables and figures and charts. ”Global Artificial Intelligence in Forensic Market Size, share, and COVID-19 impact analysis by technology (machine learning (ML), natural language processing (NLP), computer vision), by application (speech recognition, image recognition, fingerprint recognition, others), by region ( North America, Europe, Asia Pacific, Latin America, Middle East and Africa), 2023-2033 analysis and forecasts.
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Machine learning (ML) segment dominates the market by capturing the largest revenue share over the forecast period.
Based on this technology, the global artificial intelligence in forensics market is categorized into machine learning (ML), natural language processing (NLP), and computer vision. Among these, machine learning (ML) segment dominates the market by capturing the largest revenue share over the forecast period. Forensic investigators are responsible for collecting and analyzing data to reconstruct cases. Because individuals interact with each other frequently every day, machine learning allows researchers to utilize a variety of algorithms to conduct more productive and efficient research. Machine learning is a subset of artificial intelligence.
The fingerprint recognition segment is witnessing significant CAGR growth over the forecast period.
Based on application, the global Artificial Intelligence in Forensic Science market is segmented into voice recognition, image recognition, fingerprint recognition, etc. Among them, the fingerprint recognition segment has witnessed significant growth over the expected period. It is claimed that certain fingerprints are difficult to scan or recognize due to skin issues, damage to the fingerprint, scars, or limited surface area of the fingerprint. Additionally, there are challenges such as old, cropped, low quality, and corrupted fingerprint images. Therefore, fingerprint recognition will drive market growth over the forecast period.
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North America dominates the market with the largest market share during the forecast period.
North America dominates the market with the largest market share during the forecast period. The growth of the AI-based technology market in North America is driven by factors such as aging population, changing lifestyles, increasing prevalence of chronic diseases, increasing demand for value-based care, and growing awareness of the application of these technologies. Driven by factors.
Asia Pacific is expected to grow the fastest during the forecast period. Favorable government regulations that encourage and support healthcare providers and organizations to rapidly utilize artificial intelligence (AI) technologies are one of the key factors driving the growth of the Asia-Pacific market.
Competitive analysis:
The report offers pertinent analysis of key organizations/companies involved in the global market along with comparative evaluation mainly based on product offerings, business overview, geographical presence, corporate strategies, segment market shares, and SWOT analysis. . The report also provides an in-depth analysis focusing on the company’s current news and developments, including product development, innovation, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and more. This allows you to assess the overall competition within the market. Key vendors of artificial intelligence in the global forensics market are Thermo Fisher Scientific, Agilent Technologies, SciCorp Laboratories, Illumina, GE HealthCare, QIAGEN, LGC, NMS Labs, SPEX Forensics, Inc., Eurofins Scientific Finland Oy, Global Forensic Technology Industry Scope is. , others.
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recent trends
- In March 2024, Kairo Media is pleased to announce the release of “AIMEE”, a revolutionary new feature for the DMH Forensics website. This professionally trained GPT chat allows visitors to interact in real time with subject matter experts who have the expertise to address advanced forensic questions with graduate-level understanding.
market segment
This study projects revenue at global, regional and country levels from 2020 to 2032. Spherical Insights has segmented the global Artificial Intelligence in Forensic Science market based on the following segments:
Artificial intelligence in forensic market, technology analysis
- Machine learning (ML)
- Natural language processing (NLP)
- computer vision
Artificial intelligence in forensic market, application analysis
- voice recognition
- image recognition
- fingerprint recognition
- others
Artificial Intelligence in Forensic Medicine Market, Regional Analysis
- North America
- Europe
- Germany
- England
- France
- Italy
- Spain
- Russia
- rest of europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- south america
- Brazil
- Argentina
- rest of south america
- middle east and africa
- United Arab Emirates
- Saudi Arabia
- qatar
- South Africa
- rest of the middle east and africa
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