AI in Computer Vision Market Research, 2032
The global AI in computer vision market size is expected to reach USD 2,68,364.8 million by 2030, according to a new report by Market Research Future. The market is projected to grow at a CAGR of 36.0% from 2023 to 2032.
The growth of the AI in computer vision market is being driven by the increasing demand for automation and efficiency in various industries, advancements in deep learning and neural network technologies, and the growing impact of AI in machine vision.
Segmentation
The AI in computer vision market is segmented by component, function, application, end-use industry, and region.
By component, the market is segmented into hardware, software, and services. The hardware segment is expected to hold the largest share of the market during the forecast period. This is due to the increasing demand for high-performance computing systems to support AI-based computer vision applications.
By function, the market is segmented into object detection, image classification, facial recognition, and gesture recognition. The object detection segment is expected to hold the largest share of the market during the forecast period. This is due to the increasing demand for object detection in applications such as self-driving cars, security & surveillance, and retail.
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By application, the market is segmented into automotive, consumer electronics, healthcare, retail, security & surveillance, and manufacturing. The automotive segment is expected to hold the largest share of the market during the forecast period. This is due to the increasing demand for AI-based computer vision systems in self-driving cars and advanced driver assistance systems (ADAS).
By end-use industry, the market is segmented into commercial and industrial. The commercial segment is expected to hold the largest share of the market during the forecast period. This is due to the increasing adoption of AI-based computer vision systems in retail, healthcare, and security & surveillance applications.
Regional Analysis
The AI in computer vision market is segmented by region into North America, Europe, Asia-Pacific, and Rest of the World (RoW). North America is expected to hold the largest share of the market during the forecast period. This is due to the early adoption of AI-based technologies in the region.
Key Players
Some of the key players in the AI in computer vision market include:
- Google AI
- IBM
- Microsoft
- Intel
- NVIDIA
- Amazon Web Services
- Cognex Corporation
- SoftBank Robotics
- Samsung Electronics
The AI in computer vision market is expected to witness significant growth during the forecast period. The growth of the market is being driven by the increasing demand for automation and efficiency in various industries, advancements in deep learning and neural network technologies, and the growing impact of AI in machine vision.
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https://www.marketresearchfuture.com/reports/ai-in-computer-vision-market-6672
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