AI in Computer Vision Market Dimension, Industry Grow, Business Evaluation And Forecasts 2021-2031 | Amazon Web Services, Athena Security, Creative Virtual, Oculus

New York, According to a new market research report published by Global Insight Services AI in Computer Vision Market is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

Artificial intelligence in computer vision is the process of using computers to interpret and understand digital images. This can be done in several ways, but the most common approach is to use algorithms to detect and identify objects in an image. This can be done with a variety of techniques, but the most common approach is to use machine learning. This is where algorithms are trained on a dataset of images and then used to interpret new images.

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Key Trends

Some of the key trends in AI in Computer Vision technology include object detection and recognition, image classification, and video analysis. Object detection and recognition involve the ability to identify and locate objects in an image or video.

This can be done using a variety of methods such as template matching, edge detection, or deep learning. Image classification is the process of assigning a label or class to an image.

Key Drivers

The key drivers of AI in the Computer Vision market are as follows:

Increased demand for computer vision in various industry verticals: Computer vision is being increasingly used in various industry verticals such as automotive, retail, healthcare, and manufacturing for applications such as object detection, facial recognition, and image classification.
Technological advancements in computer vision: There have been various technological advancements in computer vision in recent years, which have resulted in improved accuracy and performance of computer vision systems.

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Restraints & Challenges

One of the key restraints in AI in the Computer Vision market is the need for high computational power. AI algorithms require large amounts of data and processing power to learn and improve.

Another restraint is the lack of skilled personnel. AI requires experts in fields such as mathematics, statistics, and computer science to design and implement effective algorithms.

Market Segments

The AI in the computer vision market is segmented by function, application, end-use, and region. By function, the market is divided into inference and training. Based on application, it is bifurcated into industrial, and non-industrial. Based on end-use, the market is classified into automotive, consumer electronics, healthcare, retail, security and surveillance, agriculture, and others. Region-wise, the market is segmented into North America, Europe, Asia Pacific, and the Rest of the World.

Key Players

The global AI in the computer vision market includes players such as Nvidia, Intel Corporation, IBM Corporation, Microsoft Corporation, Google, Facebook, Amazon Web Services, Athena Security, Creative Virtual, Oculus, and others.

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Reasons to buy AI in Computer Vision Market Report:

• Develop comprehensive understanding of market landscape - industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market

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About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

This release was published on openPR.