Press release
AI in Computer Vision Market PESTLE Analysis, SWOT Analysis, CAGR 39.58% and Value Chain Study to 2027 | Google, Microsoft Corporation, Intel Corporation
Report Ocean releases its latest report on the global AI in Computer Vision Market. A combination of information gathered from first-hand sources, qualitative and quantitative assessments of industry analysts, and insights from experts and participants across the value chain is used to calculate the global AI in Computer Vision Market.The global AI in the computer vision market was valued at ~$9.15 billion in 2020. The market is forecast to grow at a CAGR of 39.58% during the forecast period from 2021 to 2027.
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Factors Affecting the Global Al in Computer Vision Market
The AI in the computer vision market is driven by factors like the growing demand for computer vision systems in automotive applications and the high demand for quality inspection and automation.
Automobile manufacturers use computer vision and industrial robotics to automate several aspects of their production processes. The growth of AI in the Computer Vision Market is fueled by the increasing participation of various automotive and IT giants in developing autonomous cars.
Security and safety concerns are a major impediment to global market growth.
AI in computer vision is expected to be boosted by a government initiative to boost the development of AI-related technology.
The reports include an in-depth analysis of macroeconomic indicators, market trends, and underlying factors, as well as market attractiveness by segment. The reports include a qualitative impact map of different market factors. COVID-19 (Corona Virus) had an impact on the product industry chain based on upstream and downstream markets, on regions and countries, and the future development of the industry.
The reports on the Global AI in Computer Vision Market provide readers with a better understanding of the market and competitive landscape to support better decision-making. Report contents include an overview of participants, revenue results, sales volume, gross margin, capital investment, and global AI in Computer Vision Market growth rates.
Researchers gather and validate the market size and demand information with market experts. They also examine the geographical distribution of the AI in Computer Vision Market. Top manufacturers, distributors, traders, and dealers use these market studies to gain insights into the industry. It will provide an overview of the product, the market, the driving forces, the risks and opportunities, and the research findings.
Impact Analysis of COVID-19
A detailed study of Covid-19 impacts the AI in Computer Vision Market is provided in the report.
The World Health Organization has declared Covid-19 a global health emergency due to its impact on thousands of people worldwide. The Coronavirus disease, which already affects these groups, had affected AI in Computer Vision Market segments.
While the death toll continues to climb, the economic damage is already evident, making this the world's worst economic shock in decades.
Chaos can lead to several undesirable outcomes, including restaurant closings, flight cancellations, travel restrictions, indoor event venues losing permits, customer confidence eroding, stock markets fluctuating, and citizens becoming anxious.
The report extensively examines the fundamental aspects of the Global AI in Computer Vision Market, including its future prospects and competitive landscape. The Porter's Five Forces analysis of the AI in Computer Vision Market provides insight into the factors influencing its growth. This market study breaks down the AI in Computer Vision Market into segments, regions, and players in order to present an accurate picture of the current market environment. The study also includes macroeconomic and microeconomic analyses. Several graphs and charts appear in the report effectively.
Regional Overview
An analysis of the AI in Computer Vision Market at the country level looks at segments classified as potentially high-growth, countries with the largest market share, and countries with the best growth prospects. Among the regional breakdowns in the AI in Computer Vision Market study are North America (USA, Canada), South America, Asia Pacific (China, Japan, India, Korea), Europe (Germany, UK, France, Italy), Other countries.
Leading Competitors
The leading prominent competitors in the global AI in Computer Vision Market are:
Microsoft Corporation
Intel Corporation
IBM Corporation
Qualcomm
AWS
NVIDIA Corporation
Xilinx
BASLER AG
Scope of the Report
The global AI in Computer Vision Market segmentation focuses on:
Segmentation based on Application
Industrial
Non-industrial
Segmentation based on Function
Training
Interference
Segmentation based on End-Use
Healthcare
Manufacturing
Consumer Electronics
Agriculture
Transportation & Logistics
Retail
Automotive
Security & Surveillance
Others
Segmentation based on Component
Hardware
Processor
CPU
GPU
ASIC
FPGA
Memory
Storage
Software
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