Press release
Global Vision Processing Unit Market 2018 Top Companies are MediaTek, Cadence Design Systems, CEVA Logistics, Synopsys Inc, Intel Movidius, INUITIVE, Lattice Semiconductor, VeriSilicon Holdings Co., Ltd., and Imagination Technologies
Global Vision Processing Unit Market– Industry Trends and Forecast to 2025
The Global Vision Processing Unit Market is expected to reach USD 1527.82 Million by 2025, from USD 102.0 Million in 2017, growing at a CAGR of 40.26% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Vision processing unit is defined as the microprocessor which intends to accelerate machine vision with artificial intelligence technologies. Vision processing unit is appropriate for different types of machine vision algorithms namely video processing, image processing and others. It is also used to identify memory of an object, providing programmable use for visualizing the object in all 3 dimensions.
According to the article published by IEEE, autonomous road visual processing is done in three stages namely extracting edges , comparing the extracted edge points with geometric model of the road and then updating the geometric road model. Furthermore algorithm is done at frequency range of 15 Hz.
Global Vision Processing Unit Market By Application (Drones, Surveillance Cameras, Autonomous Vehicles, Smartphones, Wearable Devices, Domestic & Commercial Robots), By Vertical (Consumer, Industrial, Automotive), By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends and Forecast to 2025
Competitive Analysis:
The global vision processing unit market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of vision processing unit market for global, Europe, North America, Asia Pacific and South America.
Major Market Competitors/Players:
Some of the major players operating in the global vision processing unit market are
MediaTek Inc (Taiwan),
Cadence Design Systems, Inc. (US),
CEVA Logistics (US),
Synopsys, Inc. (US),
Movidius (US),
Inuitive (Israel),
Lattice Semiconductor (US),
VeriSilicon Limited (China), and Imagination Technologies Limited. (UK).
among others.
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Major Market Drivers and Restraints:
Increasing demand for high computational capability
Growing demand for computer vision applications
Rising adoption of artificial intelligence and machine learning technologies
High capability of GPUS and CPUS for industrial vision systems
Market Segmentation:
The global vision processing unit market is segmented based on application, vertical and geographical segments.
Based on application
On the basis of vertical
Based on geography
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