Global AI In Computer Vision
Market Report
2024
AI In Computer Vision Market size is USD 15.3 billion in 2024 and will expand at a compound annual growth rate (CAGR) of 19.7% from 2024 to 2031.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global AI In Computer Vision Market size is USD 15.3 billion in 2024 and will expand at a compound annual growth rate (CAGR) of 19.7% from 2024 to 2031.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global AI In Computer Vision Market Sales Revenue 2024 | $ 15.3 Billion |
Global AI In Computer Vision Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 19.7% |
Market Split by Component |
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Market Split by Function |
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Market Split by Application |
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Market Split by End Use |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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AI In Computer Vision Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Computer vision is a branch of artificial intelligence (AI) that allows computers and systems to extract meaningful information from digital photos, videos, and other visual inputs and then conduct actions or make recommendations based on it. Computer vision functions similarly to human vision, with the exception that humans have a head start. Human vision has the benefit of lifetimes of context to train how to distinguish objects, whether they are moving, and whether there is something wrong with a picture. Computer vision trains machines to execute these tasks. The global AI in computer vision market size is expected to expand significantly during the forecast period. The rising need for computer vision systems in automotive applications, increased demand for emotional AI, and high demand for quality inspection and automation all contribute to the growth of AI in the computer vision market. Automobile manufacturers are increasingly relying on computer vision and industrial robotics technologies to achieve varying levels of automation throughout the manufacturing process. The growing participation of numerous automotive and IT giants in the development of self-driving automobiles is driving the rise of AI in the computer vision market.
Growing Need for Edge Computing in Mobile Devices - Mobile Edge Computing is an emerging paradigm that allows resource-constrained mobile devices to reach high capabilities and, hence, execute data-intensive applications while collaborating with resource-rich network servers to provide ubiquitous computing. The usage of edge computing in mobile devices is not particularly dependent on specific applications but is primarily considered in terms of various scenarios. Edge computing in mobile devices, for example, is used in linked automobiles, particularly autonomous vehicles. Virtual reality, augmented reality, enterprise mixed reality apps, cloud gaming applications, real-time drone detection, video analytics, and other applications all benefit from its features. Growing Need for Automation
Data Security and Privacy Concerns Lack of Skilled Talent
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In January 2020, Qualcomm expanded its Qualcomm Snapdragon Ride Platform portfolio to include safety-grade system-on-chips (SoCs) suited for automotive safety integrity level D (ASIL-D) systems. This enables the use of a single SoC for the New Car Assessment Programme (NCAP), Level 1 advanced driving assistance systems (ADAS), and Level 2 automation systems.
Top Companies Market Share in AI In Computer Vision Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America dominated the industry due to the existence of significant technology businesses, research institutions, and a well-developed infrastructure. The United States, in particular, dominates the North American market, owing to its excellent AI research and development capabilities. Leading technology corporations such as Google, Microsoft, and IBM have made significant investments in computer vision technologies. Furthermore, North America has a large presence of businesses such as healthcare, retail, and automotive that use computer vision technologies for a variety of applications.
Asia-Pacific is predicted to be the fastest-growing region over the projection period. Countries such as China, Japan, South Korea, and India are experiencing tremendous growth in this area. China, in particular, is a prominent player in APAC due to its vast population, rapid technical breakthroughs, and government policies that promote AI development. The country has seen significant investments in computer vision technology, with companies such as Baidu, Alibaba, and Tencent at the forefront.
The current report Scope analyzes AI In Computer Vision Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global AI In Computer Vision Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing AI In Computer Vision Industry growth. AI In Computer Vision market has been segmented with the help of its Component, Function Application, and others. AI In Computer Vision market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, the hardware category grabbed the lead in the market. This sector includes a variety of hardware components like as CPUs, cameras, lenses, frame grabbers, and LED lighting. The considerable market share is due to the availability of cutting-edge hardware platforms that provide seamless component interconnection and advanced features such as speedy processing, high-resolution imaging, and complete digital data management.
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This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities for each application of AI In Computer Vision from 2019 to 2031. This will also help to analyze the demand for AI In Computer Vision across different end-use industries. Our research team will also help acquire additional data such as Value Chain, Patent analysis, Company Evaluation Quadrant (Matrix), and much more confidential analysis and data insights.
Some of the key Function of AI In Computer Vision are:
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Senior Research Analyst at Cognitive Market Research
ResearchGate Profile: https://www.researchgate.net/profile/Kalyani-Raje
An optimistic Senior Research Analyst with years of experience in competitive assessment and business consulting. A seasoned professional and subject-matter expert (SME) in the Automobile and transportation vertical.
With a work experience of over 10+ years in the market research and strategy development. I have worked with diverse industries, including FMCG, IT, Telecom, Automotive, Electronics and many others. I also work closely with other departments such as sales, product development, and marketing to understand customer needs and preferences, and develop strategies to meet those needs.
I am committed to staying ahead in the rapidly evolving field of research and analysis. This involves regularly attending conferences, participating in webinars, and pursuing additional certifications to enhance my skill set. I played a crucial role in conducting market research and competitive analysis. I have a proven track record of distilling complex datasets into clear, concise reports that have guided key business initiatives. Collaborating closely with multidisciplinary teams, I contributed to the development of innovative solutions grounded in thorough research and analysis.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global AI In Computer Vision Market is witnessing significant growth in the near future.
In 2023, the Hardware segment accounted for noticeable share of global AI In Computer Vision Market and is projected to experience significant growth in the near future.
The Training segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Google , Facebook and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
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Component | Hardware, Software |
Function | Training, Interference |
Application | Industrial, Non-industrial |
End Use | Automotive, Consumer Electronics, Healthcare, Agriculture, Transportation & Logistics, Retail, Security & Surveillance, Manufacturing, Others |
List of Competitors | Google, Qualcomm, Facebook, NVIDIA Corporation, BASLER AG, Intel Corporation, IBM Corporation, Microsoft Corporation, AWS, Xilinx |
This chapter will help you gain GLOBAL Market Analysis of AI In Computer Vision. Further deep in this chapter, you will be able to review Global AI In Computer Vision Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Component Analysis 2019 -2031, will provide market size split by Component. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Component Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Function Analysis 2019 -2031
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Chapter 12 Market Split by Application Analysis 2019 -2031
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Chapter 13 Market Split by End Use Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global AI In Computer Vision market
Chapter 14 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Hardware have a significant impact on AI In Computer Vision market? |
What are the key factors affecting the Hardware and Software of AI In Computer Vision Market? |
What is the CAGR/Growth Rate of Training during the forecast period? |
By type, which segment accounted for largest share of the global AI In Computer Vision Market? |
Which region is expected to dominate the global AI In Computer Vision Market within the forecast period? |
Segmentation Level Customization |
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Region level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Quantitative Data |
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