Maximize Market Research a leading Information Technology & Telecommunication research firm has published a market intelligence report on the Global Computer Vision Market. As per the report, the total market opportunity by 2029 is expected to be USD 27.30 Bn. The total market was valued at USD 16.14 Bn in 2022 and it is expected to grow at a CAGR of 7.8 percent during the forecast period.

Market Size in 2022

Market Size in 2029

CAGR

Forecast Period

Base Year

Number of Pages

No. of Tables

No. of Charts and Figures

Segment Covered

Regional Scope

Report Coverage

Details insights on this market, request for methodology here @https://www.maximizemarketresearch.com/request-sample/3034/

Computer Vision Market Report Scope and Research Methodology

The report on Computer Vision Market provides a thorough analysis of the market structure and the nature of competition in the market. The market dynamics includes drivers, restraints, opportunities and challenges for growth in the market. The report also includes a competitive landscape that cover market leaders, market followers and new entrants for the analysis of the report. Various aspects are considered such as the revenue generated by the companies, technological advancements in the market, new strategies adopted, recent developments, marketing strategies and mergers and acquisitions. A thorough competitive analysis provides an understanding of the market, thereby helping investors take investment and other strategic decisions for the company.

The Computer Vision Market is segmented by Component, Application, Industry Vertical, and Technology and is further divided by sub segments. It explained which segment is expected to witness fastest growth during the forecast period. Regional insights of the market includes analysis at a regional and global level. According to the customizations requested by the clients, a country wise analysis of the market can also be provided for a granular understanding of the market.

Data was collected using both data collection methods: primary and secondary research methods. Qualitative analysis includes SWOT, PESTLE and Porter’s Five Force analysis along with technological roadmap, regulatory landscape and more. Such an extensive tailor-made report helps clients make data driven decisions for their growth.

Computer Vision Market Overview

Computer vision systems are the systems that see and understand the world around them just like humans. It is a field of Artificial Intelligence (AI) that enables computers to derive meaningful insights from visual inputs, and digital images and makes recommendations on this basis of the information. The principles used in these systems are image or data acquisition, data processing, and data classification. Computer vision trains machines to perform various functions and needs to perform many functions in very little time with cameras, data, and algorithms rather than retinas, optic nerves, and visual cortex.

Computer Vision Market Dynamics

Various Industries such as manufacturing, automotive, and agriculture are progressively adopting computer vision to automate various tasks. There are concerns about security and safety, computer vision is being used for surveillance and security applications. Various types of security breaches can occur but the inclusion of facial recognition, object detection, and anomaly detection, enhance security measures in public spaces and businesses which is expected to boost the Computer Vision Market growth. The development of autonomous vehicles heavily relies on computer vision technologies.

The integration of CV is common in consumer devices, such as smartphones, and smart cameras is increasing. Features such as facial recognition and augmented reality filters have driven the demand among consumers. The major factors that drive the market growth include the increasing need for quality inspection and automation. 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

North America dominated the market in the year 2022 and is expected to hold the largest Computer Vision market share during the forecast period. The quick technological advancements, strong research and development activities, and widespread adoption across various industries have increased the market in this region. The market has been fuelled by the convergence of computer vision with AI and ML which leads to transformative applications. Industrial processes have been revolutionized by the pivotal role of computer vision. The retail landscape in the North American region has been reshaped by computer vision. Supermarkets and convenience stores are using Cashier-less checkout systems, powered by computer vision.

Market Key Players and Manufacturing plants, automotive, and logistics centers in North America have included computer vision for quality control, detecting defects, and the automation of routine tasks. The healthcare sector in this region has witnessed the integration of computer vision for medical purposes such as diagnosis, medical image analysis, and surgical assistance.

Request Free Sample Copy (To Understand the Complete Structure of this Report [Summary + TOC]) all https://www.maximizemarketresearch.com/request-sample/3034/

Computer Vision Market Segmentation

By Component

Hardware
Software
Services
The hardware segment led the market in the year 2022 and is expected to dominate the market during the forecast period. It covers the scope of numerous hardware components including processors, lenses, cameras, frame grabbers, and LED lighting. The high-performance hardware components made the installation of vision systems easier and served a broad scope of diverse applications by offering different networking architectures. Various types of Edge devices such as smart cameras and embedded systems have the processing power to perform real-time analysis and depend on cloud-based processing.

The software segment is expected to dominate the market after the hardware segment during the forecast period. The software segment in this market is an essential and quickly developing component that plays a vital role in allowing machines and computers to process, interpret, and understand visual information from the world around them.

By Application

Autonomous Vehicles
Healthcare and Medical Imaging
Surveillance and Security
Retail and E-commerce
Augmented and Virtual Reality
Agriculture
Manufacturing
Entertainment and Gaming
Robotics

Healthcare and Medical Imaging sector dominated the Computer Vision Market in the year 2022 and is expected to continue the dominance during the forecast period. Computer vision plays an important role in diagnosing the disease. It analyses medical images to identify abnormalities, fractures, tumors, and other anomalies. Computer vision performs complex texture analysis, quantifies tissue characteristics, and helps predict disease prognosis or treatment response. Computer vision algorithms excel in images, allowing for precise localization of pathology. It is crucial for treatment planning and the interventions of surgical.

By Technology

2D Computer Vision
3D Computer Vision
Machine Learning
Deep Learning
Image Processing
Object Recognition
Gesture Recognition
Facial Recognition
By Industry Vertical

Automotive
Healthcare
Manufacturing
Agriculture
Retail
Defense and Aerospace
Banking and Finance
Entertainment
Transportation and Logistics
Computer Vision Market Key Competitors include:

NVIDIA Corporation
Intel Corporation
Microsoft Corporation
Amazon Web Services (AWS)
IBM Corporation
Google LLC
Facebook, Inc. (Meta Platforms)
Apple Inc.
Qualcomm Incorporated
Cognex Corporation
Xilinx, Inc.
ARM Limited
Graphcore Ltd.
Basler AG
Bosch Sensortec
Dassault Systèmes
Thales Group
SenseTime
Dahua Technology
Hikvision
Alibaba Group
Samsung Electronics Co., Ltd.
Wipro Limited
TATA Consultancy Services (TCS)
Infosys Limited
Embraer SA
Mobileye (now part of Intel Corporation)
DarkMatter

Key questions answered in the Computer Vision Market are:

What is the expected CAGR of the Computer Vision Market during the forecast period?
What was the Computer Vision Market Size in 2022?
What is the expected Computer Vision Market size in 2029?
What are the global trends in the Computer Vision Market?
What are the upcoming industry applications and trends for the Computer Vision Market?
What recent industry trends can be implemented to generate additional revenue streams for the Computer Vision Market?
What growth strategies are the players considering to increase their presence in the Computer Vision Market?
What major challenges could the Computer Vision Market face in the future?
Who held the largest market share in the Computer Vision Market?

Key Offerings:

Past Market Size and Competitive Landscape (2017 to 2022)
Past Pricing and price curve by region (2017 to 2022)
Market Size, Share, Size & Forecast by Different Segment | 2023−2029
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation – A detailed analysis by Component, Application, Industry Vertical, and Technology.
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

Maximize Market Research is leading Information Technology and telecommunication research firm, has also published the following reports:

AI in Computer Vision Market- The market size is expected to reach USD 123.06 Billion by 2029 at a CAGR of 25.8 percent during the forecast period. North America region dominated the Market and is expected to dominate the global market throughout the forecast period. New entrants in the United States are receiving funds from several organizations to implement AI technology.

Computer Vision in Healthcare Market- The market size is expected to reach USD 143.84 billion by 2029 at a CAGR of 46.2 percent during the forecast period. Computer vision technologies are used to monitor the treatment of numerous disorders. Computer vision is capable of identifying skin cancer. Hence, the demand for the Computer Vision in Healthcare Market is increasing.

Robotic Vision Market- The market size is expected to reach USD 9.64 Billion by 2029 at a CAGR of 9.4 percent during the forecast period. The North American region dominated the Robotic Vision Market in the year 2022 and is expected to dominate during the forecast period. The huge presence of automotive manufacturing companies in countries such as the United States and Canada has led the region.

Night Vision Surveillance Cameras Market- The market size is expected to reach USD 608.78 Million by 2029 at a CAGR of 26.4 percent during the forecast period. North America is experiencing a rising demand and held the largest market share in the year 2022. The large military and defense requirements are held by the US in this region.

Computer Graphics Market- The market size is expected to reach USD 61.62 Billion by 2029 at a CAGR of 6.8 percent during the forecast period. The increasing demand for diverse technologies in computer graphics and technological advancements in computer hardware systems drives the Global Computer Graphics Market growth.

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

Contact Maximize Market Research:

3rd Floor, Navale IT Park, Phase 2

Pune Banglore Highway, Narhe,

Pune, Maharashtra 411041, India

[email protected]

+91 96071 95908, +91 9607365656