openPR Logo
Press release

AI Vision Market worth $43.02 Billion in 2029, at a CAGR of 23.7%

11-11-2024 05:34 PM CET | Associations & Organizations

Press release from: ABNewswire

AI Vision Market

AI Vision Market

The global AI vision market size in terms of revenue is estimated to be worth $14.85 billion in 2024 and is poised to reach $43.02 billion in 2029, growing at a CAGR of 23.7% during the forecast period.
The report "AI Vision Market [https://www.marketsandmarkets.com/Market-Reports/ai-vision-market-33244653.html?utm_source=abnewswire.com&utm_medium=PaidPR&utm_campaign=aivisionmarket] by Vision Software (API, SDK), Vision Platform, Behavioral Analysis, Optical Character Recognition, Spatial Analysis, Image Recognition, Heatmap Analysis, Machine Learning, Deep Learning, CNN, Generative AI - Global Forecast to 2029" The global AI vision market is expected to reach USD 43.02 billion in 2029 from USD 14. 85 billion in 2024, at a CAGR of 23.7% during the forecast period.

Al vision market is expanding during the forecasted period, driven by the increase in employment of machine learning and generative Al in multiple verticals. In healthcare, machine learning and generative Al provide the ability to improve the diagnostic accuracy of imaging and the use of data for patient monitoring. For In-store and e-commerce solutions, retailers have also adopted Al vision solutions for better inventory management and personnel shopper experience. In logistics and transport, Al Vision Solutions is adapted to focus on the real-time monitoring and automation of systems. Al Vision Solutions also helps monitor work sites and manage job sites in the construction sector. Thus, the rising demand for these technologies in various verticals is driving the Al vision market.

Download PDF Brochure @ [https://www.marketsandmarkets.com/requestsampleNew.asp?id=33244653&utm_source=abnewswire.com&utm_medium=PaidPR&utm_campaign=aivisionmarket]

Browse 225 market data Tables and 58 Figures spread throug 240 Pages and in-depth TOC on "AI Vision Market"

View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/ai-vision-market-33244653.html [https://www.marketsandmarkets.com/Market-Reports/ai-vision-market-33244653.html?utm_source=abnewswire.com&utm_medium=PaidPR&utm_campaign=aivisionmarket]

Image: https://www.marketsandmarkets.com/Images/ai-vision-market_oveview.webp [https://www.marketsandmarkets.com/Market-Reports/ai-vision-market-33244653.html?utm_source=abnewswire.com&utm_medium=PaidPR&utm_campaign=aivisionmarket]

The image recognition segment is expected to have the largest market share in the forecast period.

The image recognition market is poised for the largest market share due to its ability to automate and streamline visual data analysis across industries. Technologies like Amazon Rekognition enhance efficiency in tasks such as security and retail management. Growing demand for AI-driven solutions and advancements in machine learning are driving this expansion. The technology's versatility makes it highly valuable for diverse applications, fueling its widespread adoption and growth.

The machine learning segment is dominating in AI vision market.

The market for machine learning is projected to hold the dominant position within the Al vision space, as this type of technology allows systems to learn and improve in real-time from large amounts of visual data. The technology improves the accuracy of visual analysis, automates complex tasks, and removes humans from the process entirely (e.g, object detection and facial recognition). The recent improvements in deep learning and convolutional neural networks, along with machine learning's capability to expand the function of Al vision technology in general, are leading to substantially more industrial applications of Al vision technology in sectors including healthcare-manufacturing, retail, and security.

US in the North America region to dominate the AI vision market during the forecast period.

The Al vision market in the US is positioned to be the leading part of North America due to significant federal investment, considerable technological innovation from the major tech companies, and the advancement of Al research and development. The establishment of several new Al Research Institutes and the commitment to funding for Al manufacturing all contribute to the US government's intent of advancing Al technology. The full spectrum of federal opportunities helps encourage collaboration among academia, Industry, and government and sustains tremendous growth in the US to facilitate growth for the Al vision market.

Key players

The AI vision market includes significant Tier I and II players like NVIDIA Corporation (US), Microsoft Corporation (US), Intel Corporation (US), Alphabet Inc. (US), Amazon.com, Inc. (US), IBM (US), Oracle (US), Cognex Corporation (US), Qualcomm Technologies, Inc. (US), STMicroelectronics (Switzerland) are some of the key players in the AI vision market.

Media Contact
Company Name: MarketsandMarkets Trademark Research Private Ltd.
Contact Person: Mr. Rohan Salgarkar
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=ai-vision-market-worth-4302-billion-in-2029-at-a-cagr-of-237]
Phone: 18886006441
Address:1615 South Congress Ave. Suite 103, Delray Beach, FL 33445
City: Florida
State: Florida
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/ai-vision-market-33244653.html



This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release AI Vision Market worth $43.02 Billion in 2029, at a CAGR of 23.7% here

News-ID: 3728712 • Views:

More Releases from ABNewswire

Bedrock Restoration - Water Fire Mold Damage Service, Expands Water Damage Repair Services to Support St. Louis Park Homeowners
Bedrock Restoration - Water Fire Mold Damage Service, Expands Water Damage Repai …
Water Fire Mold Damage Service, a trusted provider of property restoration, has announced expanded service offerings to meet the growing demand for professional water damage solutions in the region. Known for their reliable, customer-focused approach, the company continues to support both homeowners and businesses in recovering from unexpected property damage caused by water, fire, or mold. Responding to a Growing Need for Water Damage Restoration Property owners across Minnesota are increasingly seeking
Winkler Kurtz LLP Expands Resources to Handle Increased Demand for Personal Injury Attorneys Representation in Port Jefferson Station
Winkler Kurtz LLP Expands Resources to Handle Increased Demand for Personal Inju …
For individuals searching for personal injury attorneys, the expansion of Winkler Kurtz LLP's team means greater accessibility and reduced wait times for consultations. The firm's deep roots in the Port Jefferson Station community allow them to understand local nuances, such as common accident hotspots and specific regional legal precedents. Port Jefferson Station has seen a notable rise in personal injury cases, driven by factors such as increased traffic congestion, construction activity,
Protecting Property Value: Hose Bros Inc Highlights How Professional Power Washing Prevents Long-Term Damage in Millsboro DE
Protecting Property Value: Hose Bros Inc Highlights How Professional Power Washi …
For residents searching for power washing near me, Hose Bros Inc offers accessible and reliable services tailored to the Millsboro community. Their local expertise ensures an understanding of regional challenges, such as the impact of salt air on coastal properties or the tendency for humidity to promote mold growth in shaded areas. This knowledge allows them to customize their approach, selecting appropriate pressure levels and cleaning agents for different surfaces. In
Tampa Bay Home Remodeling Costs Guide [2025] Kitchen & Bathroom Renovation Prices
Tampa Bay Home Remodeling Costs Guide [2025] Kitchen & Bathroom Renovation Price …
A 2025 cost guide to kitchen, bathroom, and full home remodeling in Tampa Bay, featuring expert insights from Craftline Remodeling on pricing, budgeting, and contractor selection. Market Overview: Understanding Tampa Bay Remodeling Investment Trends Tampa Bay's home remodeling market has experienced significant cost evolution in 2025, with project expenses varying dramatically across South Tampa, Carrollwood, Seminole Heights, Clearwater, St. Petersburg, and Wesley Chapel based on material choices, project scope, and contractor expertise.

All 5 Releases


More Releases for Vision

Contact Lens Solution Market Growth to Accelerate in Forecast Period (2025-2035) …
Industry Outlook The Contact Lens Solution Market accounted for USD 3.73 Billion in 2024 and is expected to reach USD 5.62 Billion by 2035, growing at a CAGR of around 3.8% between 2025 and 2035. The contact lens solution market includes entities developing and marketing products used to clean, disinfect, and store contact lenses. The right solutions serve two essential functions, including keeping contact lenses clean, prolonging their lifespan, and maintaining
Vision-Based Battery Quality Control Market Expected To Rise Significantly From …
"Worldwide Market Reports offers 𝐔𝐩𝐭𝐨 𝟕𝟎% 𝐝𝐢𝐬𝐜𝐨𝐮𝐧𝐭 on Vision-Based Battery Quality Control Market Reports on Single User Access and Unlimited User Access" The report discusses everything a marketer requires before investing in the global Vision-Based Battery Quality Control during the forecast period 2023-2030. It provides detailed insight into current trends, shares, size, and sales value and volume. The data used for this report is obtained from reliable industry sources, paid resources,
Machine Vision And Vision Guided Robotics Market Demand Analysis To 2027 Lead By …
The "Machine Vision And Vision Guided Robotics" Market report offers qualitative and quantitative insights and a detailed analysis of market size & growth rate for all possible segments in the market. The Global Machine Vision And Vision Guided Robotics Industry presents a market overview, product details, classification, and market concentration. The report also provides an in-depth survey of key players in the market which is based on various competitive intelligence
Machine Vision And Vision Guided Robotics Market 2021 Business Scenario – Cogn …
Global Machine Vision And Vision Guided Robotics Market Research Report 2021 The report begins with the overview of the Machine Vision And Vision Guided Robotics Market and offers throughout development. It presents a comprehensive analysis of all the regional and major player segments that gives closer insights upon present market conditions and future market opportunities along with drivers, trending segments, consumer behaviour, pricing factors and market performance and estimation. The forecast
Vision Care Market: VISION 2020 Initiative Boosts Stakeholders amid Growing Conc …
According to WHO, vision impairment is one of the major global issues as more than 1 billion people live with near vision or some sort of distance impairment. Getting eyeglasses prescriptions is specifically hard in developing countries given optometrists are located in urban areas and patients from rural areas get deprived of corrective treatment , as a result, people suffer from uncorrected impairments. WHO warns uncorrected impairments could lead to
Global Machine Vision and Vision Guided Robotics Market 2019 - Cognex, Teledyne …
The new market research study on Global Machine Vision and Vision Guided Robotics Market in-depth market analysis with specific segments such as application, regional markets, end-users, policy analysis, value chain structure, and emerging trends. The Machine Vision and Vision Guided Robotics market report makes a case for investments in particular regions based on a realistic view of their regulatory environment, manufacturing dynamics and availability of skills and resources.The report’s analysis