AI in Computer Vision Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2024

Request Brochure Request Discount

Report Code: ZMR-2969 | Report Format : | Status : Upcoming |

Abstract

Global AI in Computer Vision Market: Overview

Computer vision is a branch of automation and computer science that allows the perception of machine vision and develops methods for creating systems that gel information from images. Computer vision is used in controlling processes of industrial robots, in navigations for autonomous vehicles, detecting events, organization information, medical image analysis, automatic inspection in manufacturing processes and Human-computer interactions. Computer vision is closely linked with artificial intelligence, as it provides human vision to a computer. However, a major part of artificial intelligence deals with systems or machines that can perform mechanical work and actions. Advancements in artificial intelligence have fuelled the growth of computer vision market.

Global AI in Computer Vision Market: Growth Factors

The Global AI in Computer Vision Market is projected to experience a steady growth across all developed as well as emerging economies. Factors such as growing demand for mobile edge computing, increasing adoption of artificial intelligence in various business verticals, video and image analysis applications, usage of electronic devices provided with virtual and augmented reality equipment in turn, contribute to the growth of the AI in Computer Vision Market worldwide. However, lack of technical expertise and concerns related to the cloud-based image processing could restrain the opportunities of global AI in Computer Vision Market to a certain extent.

Global AI in Computer Vision Market: Segmentation

The Global AI in Computer Vision Market is majorly segmented in terms of component, vertical and region. On the basis of the component, the Global AI in Computer Vision Market is divided into Hardware and Software. The software market is expected to grow at the highest CAGR in coming years due to nonprocedural languages like PROLOG and LISP which allow the systems to modify the responses according to the environment thus, reducing the volume of data in different verticals. On the basis of verticals, the Global AI in Computer Vision Market is segmented into Consumer, Sports, and Entertainment, Healthcare, Robotics and machine vision, Agriculture, Security and Surveillance and others. Amongst which the automotive market is expected to grow the highest on an account of the increased expenditure and funding for R&D to support AI.

Global AI in Computer Vision Market: Regional Analysis

North America is anticipated to dominate the AI in computer vision market for owing to the adoption of machine vision across various industries vertical majorly the manufacturing and automotive. Integrating the surveillance systems with the video analytics solution is one of the major drivers for the growth of the market in this region. Thus, the market in North America is likely to become more lucrative which is closely followed by Europe over the forecast period.

The Asia Pacific market is projected to witness a rapid growth rate since the use of computer vision in medical image analysis, image recognition and 3D printing is growing throughout the region along with increased funding and investments for machine learning from the government.

Global AI in Computer Vision Market: Competitive Players

Some of the most important market players for AI in computer vision market are Intel, NVIDIA, Alphabet, Qualcomm, Apple, Teledyne Technologies, Microsoft, Wikitude, Xilinx, Basler, Cognex, General Electric, Facebook, and Avigilon among others.

Global AI in Computer Vision Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • The UK
    • France
    • Germany
  • The Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market. 

Related Reports

Asset Integrity Management Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2024

Price : $ 3999.00 | Report Code: ZMR-3125 | Report Format:

Global Asset Integrity Management Market: Overview The capability of an asset to perform its required functions effectively and efficiently and also protecting life and the surrounding environment is called asset integrity. The asset integrity management market ensures that the people, systems, ...Read More

Indoor Farming Technology Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2016–2024

Price : $ 3999.00 | Report Code: ZMR-3107 | Report Format:

Indoor Farming Technology Market: Overview Indoor farming was in existence since a long time in the form of greenhouse. It is the process of growing plants, crops etc. The method uses artificial lights to provide adequate level of nutrients. Indoor farming is not affected by bad weather and help...Read More

ePayment System Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2024

Price : $ 3999.00 | Report Code: ZMR-3105 | Report Format:

Global ePayment System Market: Overview the ePayment system is a mode of making transaction or payment of goods and services via an electronic medium without using cash or cheque. It is also called an online or electronic payment system The Due to increasing use of Internet-based banking and sho...Read More

Document Management Software Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 –2024

Price : $ 3999.00 | Report Code: ZMR-3102 | Report Format:

Document Management Software Market: Overview Document management software helps organizations to manage their files effectively. It is used for creating content, sharing content, organizing and storage of document in an organization. The traditional method of managing the task is being replaced...Read More

Industrial Cloud Platform Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2024

Price : $ 3999.00 | Report Code: ZMR-3086 | Report Format:

Global Industrial Cloud Platform Market: Overview Industrial cloud platform along with IoT functionality provides a modern approach for deploying and developing software applications. This modern approach is replacing the older server model in which large complex applications were created and ru...Read More

Download Brochure
Why Choose Us ?

24/5 Research support

Resolved your research queries from industry expert. Request for a free research sample before report purchase.

Custom research service

Ask the Analyst to customize an exclusive study to serve your research needs.

Quality & Accuracy

Zion Market Research reports offers best quality reports based on various authentic and accurate data findings.

Customer Satisfaction

We ensure that our client's all research needs are met with customized, in-depth analysis solutions.

Information security

We never share your personal and confidential information. Your personal information is safe and secure with us.