openPR Logo
Press release

AI in Computer Vision Market 2017-2025 : Intel, NVIDIA, Qualcomm, Alphabet, Apple (US), Microsoft, Facebook, Xilinx

07-23-2018 12:40 PM CET | IT, New Media & Software

Press release from: TMR Research

AI in Computer Vision Market 2017-2025 : Intel, NVIDIA,

Global AI in Computer Vision Market: Snapshot

The global artificial intelligence (AI) in computer vision market is anticipated to rely on certain factors to catapult to the next level of growth. One of the crucial factors that could enhance the market’s growth is the rising demand in emerging and contemporary applications. With swelling demand for computer vision systems, the market is expected to largely benefit in the near term. Another factor that could propel growth is the demand for computer vision systems enabled with AI and built specifically for in-house applications. All of these development and design ideas combined with domain know-how could prove to be extremely productive in delivering integration, deployment, solution consulting and design, and other professional services.

On the basis of component, it could be said that the hardware market for AI in computer vision will showcase its prominence in the coming years. Some market analysts have also predicted it to exhibit a greater CAGR. AI-capable processors improving their penetration in consumer electronics devices, automotive machines, drones, smartphones, and mobile devices could help the hardware market to increase growth in the foreseeable future. In terms of vertical, the automotive market, on the other hand, is foretold to show higher CAGR for the next few years. This could be evidenced by the introduction of NVIDIA DRIVE’s new architecture in Q1 2018.

Need to improve response time and reduce cost in various verticals is projected to bode well for the global AI in computer vision market. Furthermore, increased quality assurance in manufacturing could raise the level of demand in the market. It is expected of the consumer vertical to make its presence known in the market in terms of growth. Rise of autonomous driving for reducing the incidence of mishaps and improving road safety could work in the favor of the market.

Request Sample Copy of the Report @

https://www.tmrresearch.com/sample/sample?flag=B&rep_id=3335

AI in Computer Vision Market: Overview

Precisely, computer vision is the artificial designing of the human capacity to interpret, understand, and communicate with its visual images and surroundings. Even though the technology is yet to become popular, it is being used widely in several applications which a lot of people will be coming across every day, including progressive and advanced technology.

The computer vision market is foreseen to propel with a significant speed in forthcoming years. Cameras and in cameras mobile devices contributed to commercial, consumer, and industrial products are being used as a leverage. Artificial intelligence (AI) based software algorithms for computer vision are growing exponentially. Convolutional neural networks (CNNs) and deep learning are expected to keep on evolving to benefit large amounts of visual data. Moreover, along with static images, the computer vision’s application to video is also developing its real-world usage.

The computer vision market will comprise of a mix of consumer-facing applications such as virtual reality and augmented reality, drones, robots, and self-driving cars, coupled with business apps for example, video surveillance, ad insertions, medical image analysis, real estate development optimization, and translating paperwork into digital information.

Even though the consumer-facing applications are gain more attention, it is worth noting that organizations are moving beyond data analytics to adopt AI-based business applications which use computer vision properties.

Request TOC of the Report @

https://www.tmrresearch.com/sample/sample?flag=T&rep_id=3335

AI in Computer Vision Market: Trends and Opportunities

The key factor driving the development of hardware in the AI based computer vision market is the increasing penetration of AI-driven processors in cell phones, for example, advanced mobile phones, car, drones, and consumer electronics gadgets.

Key drivers contributing to the development of the AI in a computer vision market in the consumer vertical is the expansion of AI capacities to cell phones, which will help change mainly 2 perspectives: interaction between user and machine and context-personalized reception. Client machine interaction will better the efficiencies between the client and their telephone crosswise over content, voice, picture, video, and sensors, though the last will effectively give benefits and aggregated data over applications, third-party features, content, and native features.

The rise in demand for computer vision frameworks in non-conventional and emerging applications and increase in demand for smart computing in cell phones are among the drivers fueling the development of the market. With the increasing labor expenses in the security market and utilization of industrial technology in the healthcare sector, AI-based computer vision systems are being utilized for various applications. The market for AI-supported computer vision has an growing scope in different emerging applications, for example, augmented reality, unmanned aerial vehicles, autonomous vehicles, missile guidance, and so on.

AI in Computer Vision Market: Regional Analysis

Regionally, North America was anticipated to hold the biggest market share, in 2017. New businesses in the US are receiving stores from different associations to implement the AI innovation in various flying vehicles including autonomous drones. The key focus is to conquer hardships tackled by industrial drones as far as safety, unwavering quality, and self-sufficiency. Therefore, organizations working on the solutions that combine computer vision and deep learning calculations and figure out the potential risks, and distance and speed. The market for AI in computer vision in Asia Pacific is likely to develop at the most noteworthy CAGR during the tenure of forecast period and outperform North America by the end of 2023.

Read Comprehensive Overview of Report @

https://www.tmrresearch.com/ai-in-computer-vision-market

About TMR Research

TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.

Our savvy custom-built reports span a gamut of industries such as pharmaceuticals, chemicals and metals, food and beverages, and technology and media, among others. With actionable insights uncovered through in-depth research of the market, we try to bring about game-changing success for our clients.

Contact:

TMR Research,

3739 Balboa St # 1097,

San Francisco, CA 94121

United States

Tel: +1-415-520-1050

Email: sales@tmrresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release AI in Computer Vision Market 2017-2025 : Intel, NVIDIA, Qualcomm, Alphabet, Apple (US), Microsoft, Facebook, Xilinx here

News-ID: 1140226 • Views:

More Releases from TMR Research

Automotive Vision System Market Share and Growth Factors Impact Analysis 2021 - 2031
Automotive Vision System Market Share and Growth Factors Impact Analysis 2021 - …
Automotive Vision System Market: Introduction A system that increases the vehicle driver's perception during night or bad weather conditions is termed as Automotive night vision system (ANVS). The system is otherwise beyond the reach of the vehicle's headlights, thereby prevents accidents at night. It can also be defined as a system which assists the driver by increasing visibility during bad whether while providing safety. Vehicle which have automotive vision system integrated are
Waste Heat Recovery Market Competitive Landscape Analysis with Forecast by 2031
Waste Heat Recovery Market Competitive Landscape Analysis with Forecast by 2031
Waste Heat Recovery Market: Snapshot The waste heat recovery market has been expected to reach a valuation of US$ 65.87 Bn and expand at a CAGR of 6.90% in the foreseeable years from 2020 to 2030. The growth opportunities in the waste heat recovery market are attributed to the increasing prices of electricity and energy in the emerging economies. In addition to this, government regulations and incentives are also estimated to contribute
Physical Fitness Equipment Market Current Trends and Future Aspect Analysis | Market has been expected to reach a valuation of US$ 14.8 Bn and expand at a CAGR of 3.3% in the foreseeable years from 2021 to 2031.
Physical Fitness Equipment Market Current Trends and Future Aspect Analysis | Ma …
Global Physical Fitness Equipment Market: Snapshot The physical fitness equipment market has been expected to reach a valuation of US$ 14.8 Bn and expand at a CAGR of 3.3% in the foreseeable years from 2020 to 2030. The revenue generation opportunities in the physical fitness equipment market are attributed to the increasing enthusiasm among people toward fitness. In recent years, the fitness industry has been growing at a noticeable speed owing to
Molecular Spectrometry Market Competitive Analysis and Forecast 2021-2031 | Growing Regions like North America, Europe and Asia Pacific.
Molecular Spectrometry Market Competitive Analysis and Forecast 2021-2031 | Grow …
Global Molecular Spectrometry Market: Snapshot  Molecular spectrometry examines and quantifies the response of molecules on interaction with known amounts of energy. Molecules have some energy levels that can be studied by determining the molecule's energy exchange through emission or absorbance. Molecular spectrometry involves studying emission, absorption, or scattering of electromagnetic waves by atoms or molecules to quantitatively and qualitatively study atoms, molecules or physical processes. The interaction of matter with radiation

All 5 Releases


More Releases for Vision

Machine Vision And Vision Guided Robotics Market Demand Analysis To 2027 Lead By …
The "Machine Vision And Vision Guided Robotics" Market report offers qualitative and quantitative insights and a detailed analysis of market size & growth rate for all possible segments in the market. The Global Machine Vision And Vision Guided Robotics Industry presents a market overview, product details, classification, and market concentration. The report also provides an in-depth survey of key players in the market which is based on various competitive intelligence
Machine Vision And Vision Guided Robotics Market 2021 Business Scenario – Cogn …
Global Machine Vision And Vision Guided Robotics Market Research Report 2021 The report begins with the overview of the Machine Vision And Vision Guided Robotics Market and offers throughout development. It presents a comprehensive analysis of all the regional and major player segments that gives closer insights upon present market conditions and future market opportunities along with drivers, trending segments, consumer behaviour, pricing factors and market performance and estimation. The forecast
Vision Care Market: VISION 2020 Initiative Boosts Stakeholders amid Growing Conc …
According to WHO, vision impairment is one of the major global issues as more than 1 billion people live with near vision or some sort of distance impairment. Getting eyeglasses prescriptions is specifically hard in developing countries given optometrists are located in urban areas and patients from rural areas get deprived of corrective treatment , as a result, people suffer from uncorrected impairments. WHO warns uncorrected impairments could lead to
Global Machine Vision and Vision Guided Robotics Market 2019 - Cognex, Teledyne …
The new market research study on Global Machine Vision and Vision Guided Robotics Market in-depth market analysis with specific segments such as application, regional markets, end-users, policy analysis, value chain structure, and emerging trends. The Machine Vision and Vision Guided Robotics market report makes a case for investments in particular regions based on a realistic view of their regulatory environment, manufacturing dynamics and availability of skills and resources.The report’s analysis
Machine Vision Systems Market 2025 – Global Analysis and Forecast by Type (Sma …
Global Machine Vision Systems market is expected to grow from US$ 8.1billion in 2015 to US$ 15.01 billion by 2025 at a CAGR of 7.0% between 2015 and 2025. Machine Vision Systems are the next generation intelligent systems mainly used in industrial applications for detection, identification, measurement, inspection and so on. These systems play major roles in robotics; these are used to guide the autonomous robots also known as ‘self-navigating
Keratoconus Treatment Market Bausch & Lomb Incorporated, CIBA VISION, CooperVisi …
Market research future has a half cooked research report on Global Keratoconus Treatment Market. The market for keratoconus treatment was around USD 322.7 million in 2016 and is expected to reach USD 427.5 million by 2023 which is a projected CAGR of 4.1%. The Global Keratoconus Treatment Market has been evaluated as a rapidly growing market and it is expected to continue growing in the near future. Approximately 3 million people are affected