REKR - Rekor Systems (NASDAQ: REKR) Q3 Results – Company Reports Continued Quarterly Revenue Growth Revenue CAGR Of 268% Over 2018-2022 | Benzinga

Finbold's data indicates that the AI industry had a market size of $207.9 billion in 2023. By 2030, this market is expected to skyrocket by 788.64%, reaching an unprecedented $1.87 trillion. The growth trajectory is projected to surpass the $1 trillion mark in 2028, presenting a unique opportunity for investors looking to tap into a highly profitable industry.

Rekor Systems (NASDAQ: REKR), a prominent player in roadway intelligence AI solutions, recently reported Q3 results, demonstrating the potential of AI technology to revolutionize various industries and serve as a lucrative opportunity for investors. Rekor is renowned for its AI-driven digital infrastructure operating system, Rekor OneTM. This system gathers vast amounts of data from various sources, utilizing it to improve transportation systems and create efficient and safe roadways. It can access data from its own IoT roadside sensors, as well as incorporate third-party data sources like Waze, proprietary data capture, and existing infrastructure information. Through Rekor One, customers can utilize these data points to make informed decisions regarding infrastructure investments.

According to the company, there are currently no strong competitors in ...

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