Press release
Surging Vision Processing Unit Market Poised to Reach $6.63 Billion by 2029 Amid Technology Advancements
Surging Vision Processing Unit Market
What Is The Projected Market Size Of The Global Vision Processing Unit Market And Its Growth Rate?
The vision processing unit market marked a dynamic growth curve over the recent years and expects to continue the trend:
• Growth from $2.84 billion in 2024 to $3.35 billion in 2025 (18.0% CAGR)
• Projected to reach $6.63 billion in 2029 (18.6% CAGR)
Key drivers include rising use of autonomous vehicles, integration of VPUs in edge devices, and surge in AR applications.
What Is Driving The Growth In The Vision Processing Unit Market?
The escalating smartphone adoption trends worldwide play a significant role in propelling the vision processing unit market. Smartphones, with their advanced features not seen in conventional phones, have revolutionized mobile technology. The VPU enhances features like facial recognition and gesture control on smartphones, a key factor in market growth. For instance, Uswitch Limited reported that UK's mobile connections rose by around 2.6 million in 2022, accounting for a 3.8% increase over 2021. Further, by 2025, about 65 million people living in the UK are projected to own smartphones, pushing the market growth.
[Request A Free Sample Copy](https://www.thebusinessresearchcompany.com/sample.aspx?id=12217&type=smp)
Who Are the Key Players Driving Vision Processing Unit Market Growth?
The vision processing unit market sees active participation from:
• Google LLC
• Samsung Electronics Co Ltd.
• Intel Corporation
• Qualcomm Incorporated.
• Texas Instruments Incorporated
• MediaTek Inc.
• Renesas Electronics
• Synopsys Inc.
• Cadence Design Systems Inc
• Xilinx
What Are The Key Trends In The Vision Processing Unit Market?
Key market trends reflect on:
• Miniaturization of vision processing units
• Development of energy-efficient processing architectures
• Integration of AI accelerators in vision processing
• Rising popularity of real-time image and video analytics
• Increasing adoption of neural processing units
What Are The Segments Of The Global Vision Processing Unit Market?
Market segments include:
• Fabrication Process: Less Than Or Equal To 16 NM, More Than 16 To 28 NM
• Application: Smartphones, Medical Devices, Digital Cameras, Drones, Robots, Autonomous Vehicles, Wearable Devices
• Vertical: Consumer Electronics, Automotive, Industrial, Healthcare, Other Verticals
Which Region Leads The Vision Processing Unit Market?
Asia-Pacific emerged as the dominant region in the vision processing unit market in 2024. The report covers regions like Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa in detail.
[Pre-book the Report for Swift Delivery](https://www.thebusinessresearchcompany.com/report/vision-processing-unit-global-market-report)
What Is Covered In The Vision Processing Unit Market Global Market Report?
- Market Size Analysis: Analyze the Vision Processing Unit Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Vision Processing Unit Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Vision Processing Unit Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Vision Processing Unit Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
[Request Customization for This Report](https://www.thebusinessresearchcompany.com/customise?id=12217&type=smp)
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has earned its reputation through comprehensive, data-rich research and insights. With 1,500,000 datasets, extensive secondary research, and insights from industry leaders, we provide actionable information to stay ahead. Our Global Market Model (GMM) is a premier market intelligence platform delivering comprehensive forecasts to support informed decision-making.
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 Surging Vision Processing Unit Market Poised to Reach $6.63 Billion by 2029 Amid Technology Advancements here
News-ID: 3835878 • Views: …
More Releases from The Business research company
Blockchain Distributed Ledger Technology (DLT) In The Financial Sector Market In …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Blockchain Distributed Ledger Technology (DLT) In The Financial Sector Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
Driven by growing interest and investments in blockchain research from financial institutions, the acceptance of blockchain technology for international payment purposes, the application of distributed ledger technology in…
Future of the Bitumen Impregnated Fibreboard Market: Strategic Analysis and Fore …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Bitumen Impregnated Fibreboard Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size for bitumen impregnated fibreboard has witnessed substantial growth lately. Projected to rise from $1.14 billion in 2024 to $1.22 billion in 2025, the market anticipates a compound annual growth rate (CAGR)…
Advancing Benefits Management Through AI Patra's New Digital Platform Industry T …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Benefits Management Services Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In recent years, the market size for benefits management services has witnessed accelerated growth. The market is projected to expand from $10.08 billion in 2024 to $11.16 billion in 2025, showing a compound annual…
Major Growth Driver Identified in 2025 Battery Operated Crown Staplers Market: G …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Battery Operated Crown Staplers Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size of battery-operated crown staplers has experienced significant expansion in the past few years. Its valuation is projected to rise from $0.84 billion in 2024 to $0.92 billion in 2025, witnessing…
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…
