The Global Computer Vision Market size was valued at USD 17.39 Billion in 2023 and the total Computer Version revenue is expected to grow at a CAGR of 7.8% from 2024 to 2030, reaching nearly USD 29.43 Billion by 2030.
Computer Vision Market Overview
The Computer Vision Market analysis provides a comprehensive picture of competition, including the market share and company profiles of the worldwide industry’s top rivals. The research scope covers a complete analysis of the Computer Vision Market, as well as the causes for variances in the industry’s growth in various places
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Computer Vision Market Report Scope and Research Methodology
This study offers a thorough analysis of the Computer Vision market with a particular emphasis on the key players’ tactics, geographic locations, and market segments. In addition to offering insights on import/export consumption, supply and demand, price, cost, and gross margins, it analyses opportunities, challenges, drivers, and restraints at the regional and segment-specific levels. To guarantee accuracy, information from primary and secondary research methods such as questionnaires, phone interviews, and surveys was employed. To assess the benefits and drawbacks of the market, a SWOT analysis was done.
Segment-wise analysis of the market is divided into Computer Vision Market . Regional analysis of the Computer Vision market conducted at local, regional and global levels. The report also provides information on the emerging regions that are expected to be major markets for the Computer Vision market. The report includes primary and secondary collection techniques with qualitative and quantitative approaches for the analysis of the Computer Vision market. SWOT analysis is used to identify the threats and weaknesses of the market while PORTER is used to understand the competitive intensity of the industry in the Computer Vision Market.
Computer Vision Market Dynamics:-
Industries such as manufacturing, automotive, and agriculture are increasingly adopting computer vision to automate various tasks. This includes quality control, inspection, and autonomous navigation, leading to improved efficiency and cost savings. With concerns about security and safety on the rise, computer vision is being used for surveillance and security applications. This includes facial recognition, object detection, and anomaly detection, enhancing security measures in public spaces and businesses, which is expected to boost the Computer Vision Market growth. E-commerce platforms use it for recommendation engines and visual search, improving the overall shopping experience. The development of autonomous vehicles heavily relies on computer vision technologies. These systems enable vehicles to perceive and navigate their surroundings, making them a key driver in the automotive industry.
Computer vision is a fundamental component of AR and VR technologies. It enables immersive experiences by tracking and interpreting the user's physical environment and gestures. The integration of computer vision in consumer devices, such as smartphones and smart cameras, has become increasingly common. Features like facial recognition and augmented reality filters have driven consumer demand. Governments around the world are investing in computer vision technologies for various applications, including public safety, transportation, and healthcare, further boosting the Computer Vision Industry growth. The proliferation of data and improved connectivity infrastructure has made it easier to collect, transmit, and process visual data, enabling more robust computer vision applications.
Computer Vision Market Regional Insights
Regional analysis is conducted to assess the status of the Computer Vision market in countries belonging to North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The report provides a comprehensive analysis of several factors such as market size, growth rate, and import-export activities, across different regions. The Computer Vision market is segmented broadly into these regions, allowing for a detailed understanding of the market landscape and dynamics in each geographical area.
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Computer Vision Market Segmentation
by Component
Hardware
Software
Service
by Product
PC-based Computer Vision Systems
Smart Cameras-based Computer Vision Systems
by Application
Quality Assurance and Inspection
Positioning and Guidance
Measurement
Identification
Predictive Maintenance
by End-User
Industrial
Non-industrial
Computer Vision Market Key Players
North America:
1. NVIDIA Corporation
2. Intel Corporation
3. Microsoft Corporation
4. Amazon Web Services (AWS)
5. IBM Corporation
6. Google LLC
7. Facebook, Inc. (Meta Platforms)
8. Apple Inc.
9. Qualcomm Incorporated
10. Cognex Corporation
11. Xilinx, Inc.
Europe:
12. ARM Limited
13. Graphcore Ltd.
14. Basler AG
15. Bosch Sensortec
16. Dassault Systèmes
17. Thales Group
Asia-Pacific:
18. SenseTime
19. Dahua Technology
20. Hikvision
21. Alibaba Group
22. Samsung Electronics Co., Ltd.
23. Wipro Limited
24. TATA Consultancy Services (TCS)
25. Infosys Limited
Latin America:
26. Embraer SA
Middle East and Africa:
27. Mobileye (now part of Intel Corporation)
28. DarkMatter
Key questions answered in the Computer Vision Market are:
- What is Computer Vision ?
- What was the Computer Vision market size?
- What is the growth rate of the Computer Vision Market?
- Which are the factors expected to drive the Computer Vision market growth?
- What are the different segments of the Computer Vision Market?
- What growth strategies are the players considering to increase their presence in Computer Vision ?
- What are the upcoming industry applications and trends for the Computer Vision Market?
- What segments are covered in the Computer Vision Market?
- Who are the leading companies and what are their portfolios in Computer Vision Market?
- What segments are covered in the Computer Vision Market?
- Who are the key players in the Computer Vision market?
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Key Offerings:
- Past Market Size and Competitive Landscape
- Past Pricing and price curve by region
- Market Size, Share, Size & Forecast by Different Segment |
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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