Artificial intelligence (AI) unlocks many capabilities that would have been unthinkable just a short time ago. Amazon’s cloud-based Rekognition tool, part of the suite of solutions under the Amazon Web Services (AWS) umbrella, analyzes images and videos to recognize faces, company logos, human emotions and more in real time.
Rekognition can be integrated with applications to provide additional services such as verifying user identity, inserting timely ads into online videos, or sending smart notifications for deliveries.
Here’s everything you need to know about Amazon Rekognition and where it stands in the AI sector:
Amazon and the AI market
The AI market is valued by Grand View Research to $93.5 billion and growing rapidly at a compound annual growth rate (CAGR) of 38.1%. Insights into the Fortune business estimates a market size of $328.34 billion with a CAGR of 20.1%.
Amazon’s Rekognition software can also be viewed as a competitor in the narrower AI software market,…