Computer Vision Market Key Competitors || Microsoft Corporation , Nvidia Corporation, Mercedes-Benz , IBM Corporation and More

The Global Computer Vision Market accounted for USD 11.12 billion in 2017 and is projected to grow at a CAGR of 8.2% the forecast period to 2026.
Global Computer Vision Market, By Component (Hardware, Cameras, Frame Rate and others), By Product (PC Based and Smart Camera Based), By Software (Traditional and Deep Learning), By Application (Quality Control and Inspection, Positioning and Guidance and others), By Vertical (Industrial and Non-Industrial) and By Geographical Segments (North America, Asia Pacific, South America and others)- Industry Trends and Forecast

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Market Drivers and Restraints:

Demand for image and video analysis applications from various industry segments.
Adoption of artificial intelligence into the business segments.
Rapid technological disruptions in the field of advanced safety systems.
Huge investment costs.
Lack of skilled workforce.
Inadequate ability to develop well-structured algorithms for drones featuring artificial intelligence.

Key Players: Global Computer Vision Market

Google LLC, Facebook Inc., Microsoft Corporation , Nvidia Corporation, Mercedes-Benz , IBM Corporation, Autoliv Inc., PlayfulVision, Wikitude GmbH, Cognex Corporation, National Instruments Corporation, General Electric, VideoIQ, KLA-Tencor Corporation, Cognex , Basler, OMRON, KEYENCE Corporation, Sony, Teledyne Technologies, Texas Instruments, Intel, Baumer Optronic, Tordivel, ISRA VISION, MVTec Software, MediaTek, Cadence Design Systems, CEVA, Synopsys, SICK and JAI A/S.

Market Segmentation: Global Computer Vision Market

The global computer vision market is based on component, software, product, application, vertical and geographical segments.
Based on component, the global computer vision market is segmented into hardware, cameras, frame rate, format, standard, sensor, frame grabbers, optics, LED lighting, processors, FPGAS, DSPS, microcontrollers and microprocessors, visual processing units and others.
Based on software, the global computer vision market is segmented into and Traditional software and Deep learning software.
Based on product, the global computer vision market is segmented into PC based and smart camera based.
Based on vertical, the global computer vision market is segmented into industrial and non-industrial. Industrial segment is further sub segmented into automotive, electronics & semiconductor, consumer electronics, glass, metals, wood & paper, pharmaceuticals, food & packaging, rubber & plastics, printing, machinery, solar panel manufacturing and textiles. The non-industrial segment is further sub segmented into healthcare, postal & logistics, intelligent transporta

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Computer vision is a vital part of the internet of things. Robots in industries are suitable for identifying the defective items, flights and drones are fit for maintaining a strategic distance from obstructions through vision handling, cars fit for staying away from deterrents and finishing signals manmade brainpower are present drifting uses of PC vision innovation. Progressions in artificial intelligence especially in deep learning have accelerated the computer vision showcase development. Deep learning provides the engineers in recognizing the articles without breaking a sweat and can be prepared through an arrangement of projects which can build the exactness. Tesla, Inc. an American company which is specialized in electric automobiles partnered with AMD to develop their own AI chip for self-driving cars. The AMD chipsets will be capable of using deep learning techniques and algorithms to detect objects in their path.

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