Press release
Global Computer Vision Market: Projected Growth, Key Drivers and Coming Trends
Computer Vision Market Outlook
Surge in AI, increased automation, and expansion in AR/VR are pivotal elements driving the growth of the Computer Vision market, projected to hit a CAGR of 16.2% by 2029.
What Is The Projected Market Size Of The Global Computer Vision Market And Its Growth Rate?
The Global Computer Vision market has been witnessing robust growth over the past few years. Here are a few essential statistics:
•Market Size in 2024: $16.28 billion
•Projected Market Size in 2025: $17.89 billion (CAGR: 9.9%)
•Projected Market Size in 2029: $32.61 billion (CAGR: 16.2%)
Key drivers for this growth include demand for automation, advancements in healthcare imaging, and developments in surveillance and security applications.
What Is Driving The Growth In The Computer Vision Market?
The growth of the computer vision market is primarily being driven by the escalating demand for artificial intelligence (AI). AI has revolutionized computer vision, enabling systems to extract useful information from digital photos, movies, and other visual inputs. According to IBM, 35% of businesses worldwide were employing AI technology by 2022, exhibiting a 13% increase from the previous year. Therefore, the surge in the use of AI is directly propelling the growth of the computer vision market.
Request A Free Sample Copy:
https://www.thebusinessresearchcompany.com/sample.aspx?id=8952&type=smp
Who Are The Key Players Driving Computer Vision Market Growth?
The computer vision market has been fueled by key industry players which include:
• Microsoft Corporation
• Sony Semiconductor Solutions Corporation
• Intel Corporation
• Texas Instruments Incorporated
• MediaTek Inc.
• Omron Corporation
• Keyence Corporation
• Teledyne Technologies Incorporated
• Synopsys Inc.
• Cadence Design Systems Inc.
What Are The Key Trends In The Computer Vision Market?
Prominent trends in the computer vision market encompass:
•Industrial automation utilizing vision systems
•Advancements in 3D computer vision
•Privacy and ethical considerations
•Cross-industry collaboration for innovation
•Integration with IoT for smart applications.
What Are The Segments Of The Global Computer Vision Market?
The computer vision market is primarily segmented by:
•Product: Smart Camera-Based Computer Vision Systems, PC-Based Computer Vision Systems
•Component: Hardware, Software
•Offering: Deep Learning, Traditional Computer Vision
•Application: Quality Assurance And Inspection, Positioning And Guidance, Measurement, Identification, Predictive Maintenance, 3D Visualization And Interactive 3D Modelling
•End-User Industry: Life Science, Manufacturing, Defense And Security, Automotive, Other End User Industries.
Which Region Leads The Computer Vision Market?
Asia-Pacific was the region commanding the computer vision market in 2024, with North America predicted to experience the fastest growth globally in the computer vision market over the forecast period.
Pre-book the Report for Swift Delivery:
https://www.thebusinessresearchcompany.com/report/computer-vision-global-market-report
What Is Covered In The Computer Vision Market Global Market Report?
- Market Size Analysis: Analyze the Computer Vision Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Computer Vision 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 Computer Vision Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Computer Vision 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=8952&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
Learn More About The Business Research Company. With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated 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 Global Computer Vision Market: Projected Growth, Key Drivers and Coming Trends here
News-ID: 3845584 • Views: …
More Releases from The Business Research Company
Emerging Trends to Reshape the Surgical Energy Instruments Market: Innovative Te …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Surgical Energy Instruments Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In the past few years, the market size of surgical energy instruments has seen substantial growth. The market which is projected to be worth $4.68 billion in 2024, is expected to inflate to $5.2…
2025-2034 Spatial omics Market Evolution: Disruptions, Innovations, and Untapped …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Spatial omics Market Through 2025?
In recent years, the size of the spatial omics market has seen rapid expansion. The estimations show an increase to $0.33 billion in 2025 from $0.3 billion in 2024, marking a compound annual growth rate (CAGR) of…
Global Sigmoidoscope Market Projected to Grow at 6.1% CAGR, Reaching $3.38 Billi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Will the Sigmoidoscope Industry Market Size Be by 2025?
In recent years, there has been a significant increase in the size of the sigmoidoscope market. The market is projected to expand from $2.53 billion in 2024 to $2.67 billion in 2025, demonstrating a compound annual growth rate (CAGR)…
2025-2034 Refurbished MRI Systems Market Roadmap: Insights for Competitive Advan …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Refurbished MRI Systems Market Size By 2025?
The market size for refurbished MRI systems has experienced robust growth in the past few years. It is expected to rise from $0.77 billion in 2024 to $0.85 billion in 2025, showcasing a compound annual growth rate (CAGR)…
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…
