Press release
AI in Computer Vision Market to Grow at a CAGR of 21.48% and will Reach USD 118.56 billion by 2032
AI in Computer Vision
The global AI in computer vision market is expected to grow from USD 16.94 billion in 2024 to USD 118.56 billion by 2032, representing a compound annual growth rate (CAGR) of 21.48% over the forecast period.
Major market players:
Microsoft Corporation (US)
Google LLC (US)
IBM Corporation (US)
Amazon Web Services, Inc. (US)
Intel Corporation (US)
NVIDIA Corporation (US)
Apple Inc. (US)
Facebook, Inc. (US)
Qualcomm Incorporated (US)
Baidu, Inc. (China)
Alibaba Group Holding Limited (China)
Tencent Holdings Limited (China)
Samsung Electronics Co., Ltd. (South Korea)
Sony Corporation (Japan)
Huawei Technologies Co., Ltd. (China)
Others
Segmentation:
By Component
• Software
• Hardware
By Technology
• Machine Learning
• GenAI
By Function
• Training
• Inference
By Deployment
• On-Premises
• Cloud-Based
By Application
• Industrial
• Non-Industrial
By Application
• Automotive
• Consumer Electronics
• Healthcare
• Agriculture
• Transportation & Logistics
• Security & Surveillance
• Others
Access the full summary at: https://futuremarketconsulting.com/reportsdetail/global-ai-in-computer-vision-market-53535
Regions Covered in the Global AI in Computer Vision Market Report 2023:
Middle East and Africa (GCC Countries and Egypt)
North America (the United States, Mexico, and Canada)
South America (Brazil etc.)
Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia
Reasons for buying this report:
It offers an analysis of changing competitive scenarios.
For making informed decisions in businesses, it offers analytical data with strategic planning methodologies.
Researchers throw light on the dynamics of the market such as drivers, restraints, trends, and opportunities.
It offers a regional analysis of AI in Computer Vision Market along with the business profiles of several stakeholders.
It offers a seven-year assessment of AI in Computer Vision Market.
It helps in understanding the major key product segments.
It offers massive data about trending factors that will influence the progress of the AI in Computer Vision Market.
Market Dynamics:
Drivers:
- Innovations in healthcare are driving growth in AI in computer vision.
- AI has strong prospects in medical imaging and diagnostics.
- AI-powered systems are essential for image analysis to detect medical disorders and aid in treatment decisions.
- AI-driven visual analysis tools are crucial for early disease detection and personalized treatments.
- Demand for advanced imaging solutions is rising, expanding AI's applications in healthcare.
- Example: WHO launched S.A.R.A.H. in April 2024, a digital health assistant using AI in computer vision to analyze medical images and improve patient interaction.
Challenges:
- High costs of data management and storage hinder the growth of AI in computer vision.
- Large datasets, especially high-resolution images and videos, require terabytes of storage for AI model training.
- Expenses for cloud storage, data centers, and management systems are particularly challenging for startups and small businesses.
- These high costs limit market share and innovation in AI-powered computer vision products.
- Solutions include optimizing data management and storage to reduce costs.
- Edge inferencing technology helps distribute data processing away from central storage.
- Data compression techniques, like machine learning-based image representation, reduce storage needs without sacrificing speed.
Buy Exclusive Report @: https://futuremarketconsulting.com/buy-now/53535/single_user_license
More Trending Reports:
https://futuremarketconsulting.com/reportsdetail/global-forklift-tire-market-53531
https://futuremarketconsulting.com/reportsdetail/global-investor-reporting-software-market-53530
https://futuremarketconsulting.com/reportsdetail/global-processed-meat-market-53529
https://futuremarketconsulting.com/reportsdetail/global-satellite-antenna-market-53528
Gauri Dabi | Business Development
Phone: +44 151 528 9267
Email: sales@futuremarketconsulting.com
Future Market Consulting
Website: www.futuremarketconsulting.com
About us
Future Market Consulting a legacy of exceptional knowledge, integrated into providing service offers a one-stop solution that surpasses core research processes & industry standards focusing on the client's competency, strategies, growth factors, and business intelligence by creating an algorithm for meaningful data insights and presentations through a unique blend of vast industry coverage, expertise in every domain, professional work ethics & values, data authenticity & privacy.
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 in Computer Vision Market to Grow at a CAGR of 21.48% and will Reach USD 118.56 billion by 2032 here
News-ID: 3804192 • Views: …
More Releases from Future Market Consulting
Electric Expansion Valves (EEVs) Market Trends Analysis Report 2025-2032
Future Market Consulting always provides credible reports. Global Electric Expansion Valves (EEVs) Market Growth 2024-2032 is the latest addition by us which makes available useful information about the Electric Expansion Valves (EEVs) market. The report features the recent and upcoming growth trends of this business. The rising opportunities in the industry and related influencing factors which are valuable for the businesses are highlighted in the report. The report involves a…
Global Hazardous Waste Disposal Market to Worth Over USD 23.76 billion by 2031 | …
Future Market Consulting has published insightful data of Hazardous Waste Disposal market. It includes the different key factors, which plays an important role in boosting the performance of the businesses. The primary and secondary research techniques are used to examine the facts. This research topic offers a detailed description of the dynamic sectors. It examines different successful strategies, to give optimal solutions to companies. Several questions have been addressed in…
Disposable Medical Sensors Market Set to Reach USD 11,987.65 million by 2032, wi …
Market Outlook:
The Disposable Medical Sensors market is expected to grow from USD 8,748.22 million in 2024 to USD 11,987.65 million by 2032, with a CAGR of 7.7% during 2024-2032.
The COVID-19 pandemic has driven growth in the freestanding disposable medical device sensors market due to increased infection control measures in healthcare facilities. With the rise of remote healthcare, more patients are opting for convenient home-based solutions. Scientists have focused on developing…
Biodegradable Packaging Market Size to Surpass USD USD 32,736.81 million by 2031 …
Market Outlook:
The biodegradable packaging market is projected to grow significantly, with its size expected to reach USD 15,844.72 million by 2023 and further expand to USD 32,736.81 million by 2031, reflecting a robust compound annual growth rate (CAGR) of 9.7% during the forecast period (2024-2031).
Consumer awareness regarding eco-friendly products, particularly in packaging, has surged in the wake of the pandemic. This growing demand is driven by the preference for ecological…
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…
