Computer Vision Market 2022 Competitive Insights - Intel Corporation, National Instruments Corporation, SAS Institute, Keyence Corporation

The Computer Vision Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

The computer vision market is expected to grow at a CAGR of 7.36 % over the forecast period (2021 - 2026).

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Top Leading Companies of Computer Vision Market are Intel Corporation, National Instruments Corporation, SAS Institute, Keyence Corporation, Texas Instruments Incorporated, Microsoft Corporation., Omron Corporation, Sony Corporation, Cadence Design Systems, Inc., 6.1.10 Synopsys, Inc. and others.

Industry News and Updates

February 2019 - Texas Instrument, launched a BeagleBone AI board which is aimed for developers who are interested in experimenting with machine learning and computer vision. This board is equipped with Vision Engine (EVE) chips which offer 8x the performance per watt when running calculations for computer-vision models compared to Arm Cortex A15-based CPU.

- May 2018 - Intel launched its OpenVINO toolkit, which accelerated deep learning and is able to transform vision data into business insights. It is designed for users to track the development of high-performance computer vision applications, and unleash the deep learning inference across the entire Intel silicon portfolio.

Key Market Trends

Asia- Pacific to Witness Fastest Growth

- The region comprises of one of the fastest-growing economies in the world, such as China and India. China dominates the world in terms of the production of goods such as consumer goods or other electronics goods. The 'Made in China 2025' goal is one of the major drivers which will help the computer vision market to grow in the region since it has wide applications in the manufacturing industry

- Moreover, the healthcare sector in India is growing exponentially owing to an increase in the government initiative. According to the India Brand Equity Foundation in 2018, India is the destination for high-end diagnostic services and the cost of surgery in India is about one-tenth of that in the US or Western Europe. Additionally, India is experiencing a 22-25 % growth in medical tourism and the industry is expected to reach USD 9 billion by 2020. Thus, it widens the scope for tremendous capital investment for advanced diagnostic facilities, thereby accelerating the adoption and demand of the computer vision technology.

Regional Outlook of Computer Vision Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.

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What Are The Market Factors That Are Explained In The Report?

Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

Analytical Tools: The Computer Vision Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter's five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

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