In 2020, China’s industrial quality inspection software and service market reached US $142 million, with a year-on-year increase of 32% From IDC

The following is the In 2020, China’s industrial quality inspection software and service market reached US $142 million, with a year-on-year increase of 32% From IDC recommended by recordtrend.com. And this article belongs to the classification: IDC.

International Data Corporation (IDC) recently released the report “market analysis of AI enabled industrial quality inspection solutions in China, 2021”. The report shows that after several years of development, the industrial AI visual quality inspection market has also moved towards a growth period. Although the delivery of industrial quality inspection market has lagged behind due to epidemic and other reasons in the past 18 months, However, in 2020, China’s industrial quality inspection software and service market still grew steadily, with the market size reaching US $142 million, an increase of nearly 32% over 2019. At present, various new technology suppliers have entered the market with their own basic advantages, such as cloud manufacturers, AI startups, traditional machine vision enterprises, industrial Internet platform enterprises, etc.

Power and resistance of market development

The release of industrial Internet, new infrastructure and digital economy policies, and the original driving force of industrial intelligence upgrading of traditional industry enterprises represented by industry have also promoted the wide application of AI; Industrial intelligence is a new engine for industrial digital transformation. AI industrial quality inspection has become a more mature application in the field of industrial intelligence because of its clear ROI.

The epidemic has a certain impact on the overall economy, and the industrial quality inspection software and service market is no exception. In 2020, the scale of the industrial quality inspection software and service market reached US $142 million, with a year-on-year growth rate of 32%. As more and more new technology suppliers enter the field of industrial quality inspection, IDC expects that the industrial quality inspection software and service market will maintain a CAGR growth rate of more than 30% in the next five years.

Market pattern

Chinese cloud manufacturers have advantages in industrial quality inspection platform, algorithm development and data accumulation. Cloud manufacturers represented by Baidu intelligent cloud, HUAWEI cloud, Ali cloud, Tencent cloud and so on are involved in a wide range of industries, in addition to electronics manufacturing, automotive, semiconductor and other fields, China also has high technology requirements and relatively new industry scenes, such as steel, rubber, textiles, food, etc. Chemical fiber, etc.

AI startups represented by innovative Qizhi have penetrated computer vision technology into industry application scenarios, quickly penetrated into the market, created “intelligent manufacturing system”, helped intelligent transformation from the two dimensions of operation efficiency and information intelligence, and have accumulated cases in multiple segments in the field of industrial quality inspection. AI start-ups such as achu technology and simu technology and other various participants are mostly concentrated in industries with high maturity and large space, but with fierce competition, such as electronic manufacturing, automobile, semiconductor and other markets. These technology suppliers focus on industrial quality inspection. As the entry point of industrial AI visual territory, they have accumulated the know-how of AI industrial visual landing.

In the future, technology suppliers in the field of industrial quality inspection can give priority to differentiated competition in scenarios with data accumulation in combination with their own business characteristics. In the industrial field, strengthen the research and development of algorithms such as small samples, and continue the algorithm optimization iteration. In addition, technology suppliers should also strengthen their understanding and precipitation of industrial business scenarios, including product production process and processing technology, so as to identify the pain points of the enterprise and improve the application effect. In terms of cooperation ecology, hardware manufacturers, solution providers, integrators and service providers are all indispensable links in ecological cooperation, and cooperation should be further strengthened.

Cheng Yin, senior analyst of IDC China artificial intelligence, said that despite the impact of the epidemic in the first half of 2020, the scale of China’s industrial quality inspection software and service market reached US $142 million in 2020, an increase of nearly 32% compared with 2019. More and more technology suppliers have entered the field of industrial quality inspection. IDC expects that the industrial quality inspection software and service market will maintain a CAGR growth rate of more than 30% in the next five years. At present, the most crowded fields of industrial quality inspection are electronic manufacturing, automobile, semiconductor, PCB and other industries. In the future, such as steel, food, chemical fiber, clothing, electric power and other fields will continue iterative innovation in specific scenarios. The slightly crowded AI industrial quality inspection market is still full of opportunities.

More reading: IDC: in the second quarter of 2021, the global shipment of smart phones was 313 million, an increase of 13.2% IDC: in 2019, the scale of China’s human capital management software as a service market reached US $320 million, a year-on-year increase of 46% IDC: in 2013, the total revenue of the global disk storage system market in Q1 was US $7.7 billion, a year-on-year decrease of 3.2% IDC: in 2016, the global shipment of smart watches in Q2 was 3.5 million, a year-on-year decrease of 32% IDC : Q4 global tablet shipment in 2014 was 76.1 million units, down 3.2% year-on-year IDC: Q4 global PC shipment in 2012 was 89.8 million units, down 6.4% year-on-year IDC: cloud computing emission reduction will exceed new energy vehicles IDC: China’s baas market will exceed 630 million yuan in 2020 IDC: China’s network security market investment will reach 9.78 billion US dollars in 2021 IDC: it is predicted that China’s enterprise team collaborative software market will reach 9.78 billion US dollars in 2025 IDC: in the first quarter of 2021, the overall shipment volume of China’s PC display market was 7.55 million units, with a significant year-on-year increase of 48.6%. IDC: it is estimated that the shipment volume of Apple Mac in Q2 will be 6.16 million units, with a share of 7.4% IDC: the global PC shipment volume in Q2 will reach 83.6 million units, with a year-on-year increase of 13.2% IDC: the market share of manufacturers in China’s integrated government service platform solution Market in 2020 IDC: 2020 The market scale of China’s hospital core system was RMB 5.39 billion, with a year-on-year increase of 18.3%

If you want to get the full report, you can contact us by leaving us the comment. If you think the information here might be helpful to others, please actively share it. If you want others to see your attitude towards this report, please actively comment and discuss it. Please stay tuned to us, we will keep updating as much as possible to record future development trends.

RecordTrend.com is a website that focuses on future technologies, markets and user trends. We are responsible for collecting the latest research data, authority data, industry research and analysis reports. We are committed to becoming a data and report sharing platform for professionals and decision makers. We look forward to working with you to record the development trends of today’s economy, technology, industrial chain and business model.Welcome to follow, comment and bookmark us, and hope to share the future with you, and look forward to your success with our help.