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Surge In Computer Vision Technologies Need Flourishes The AI in The Computer Vision Market Growth: A Key Factor Shaping the Future of the AI in Computer Vision Market in 2025
AI in Computer Vision Global Market Report 2025
The surge in demand for computer vision technology across myriad business industries is anticipated to bolster the growth of AI in the computer vision market in the coming years. Computer vision plays a crucial role in agriculture, aiding plant detection, crop supervision, and automated weeding. The retail industry uses this technology for self-checkout and crowd estimation while it assists in autonomous driving and robotics in manufacturing. The intensifying demand for computer vision technology, especially in sectors like manufacturing, is fueled by AI in the computer vision market, as it is employed to distinguish objects and enhance recognition and categorization of a wider array of items. For example, the International Federation of Robotics, a non-profit professional body based in Germany, reported in October 2023 that the sales of service robots for professional use rocketed to 158,000 units in 2022, denoting a 48% uptick. Companies are progressively migrating to automation as a solution for staffing inadequacies. Consequently, the accelerated demand for computer vision technologies driving AI in the computer vision market across various business sectors.
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What is the future CAGR of the ai in computer vision market, and how will it impact industry expansion?
The market size of AI in computer vision has seen an exponential expansion in the past few years. The market, which stands at $33.45 billion in 2024, is projected to increase to $42.44 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 26.9%. The surge during the historic period was due to the heightened adoption of industry 4.
In the coming years, it is anticipated that the AI in computer vision market size will experience substantial growth, reaching $124.08 billion by 2029 with a Compound Annual Growth Rate (CAGR) of 30.8%. This projected growth during the forecast period can be associated with the escalating requirement for quality inspection and automation, governmental efforts promoting industrial automation and the amalgamation of artificial intelligence, in addition to the burgeoning demand for computer vision systems in emerging and non-conventional industries as well as enhanced investments in AI technology. The forecast period is expected to see novel solutions, technological progress in AI and computer vision technologies, strategic alliances, integration of AI and machine learning (ML), and technological leaps forward as major trends.
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What are the most significant trends transforming the ai in computer vision market today?
Leading firms in the AI in computer vision market are concentrating on creating innovations like real-time analytics that are intended for immediate anomaly alerts. Real-time analytics involves examining data as it is being generated, enabling prompt insights and decision-making. For example, Assert AI, a software development company based in India, introduced Pratham in February 2024. This innovation is aimed at simplifying video analytics for users in different industries. This new computer vision platform that doesn't need code writing allows users to assess video feeds. It is adaptable for various uses including footfall tracking, oversight of production lines, and detecting anomalies. Users can adjust their preferences to gain personalized analytics and get immediate notifications about deviations. The platform's accessible interface allows various industries to take data-informed decisions.
Which key market segments comprise the ai in computer vision market and drive its revenue growth?
The AI in computer vision market covered in this report is segmented -
1) By Component: Software, Hardware
2) By Function: Training, Interference
3) By Machine Learning Model: Supervised Learning, Unsupervised Learning, Reinforcement Learning
4) By Application: Industrial, Non-Industrial
5) By End User: Automotive, Consumer Electronics, Healthcare, Agriculture, Transportation And Logistics, Retail, Security And Surveillance, Manufacturing, Other End Users
Subsegments:
1) By Software: Image Recognition Software, Video Analytics Software, Machine Learning Frameworks, Development Tools And SDKs
2) By Hardware: Cameras And Sensors, GPUs (Graphics Processing Units), FPGAs (Field-Programmable Gate Arrays), Edge Devices
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What regions are at the forefront of ai in computer vision market expansion?
North America was the largest region in the AI in computer vision market in 2024. Asia-Pacific is expected to be the highest-CAGR region in the forecast period. The regions covered in the AI in computer vision market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Who are the leading players fueling growth in the ai in computer vision market?
Major companies operating in the AI in computer vision market include Apple Inc., Google LLC, Microsoft Corporation, Meta Platforms Inc., Huawei Technologies Co. Ltd., Sony Corporation, Amazon Web Services Inc., General Electric Company, Intel Corporation, International Business Machines Corporation, Qualcomm Technologies Inc., Nvidia Corporation, Baidu Inc., Teledyne Technologies Inc., Xilinx Inc., Unity Software Inc. , iRobot Corporation, SenseTime Group Ltd, Basler AG, Matterport Inc., Orbbec 3D Technology International Inc., ArcSoft Inc., Ultraleap Limited, ClarifAI inc., PerceptIn Inc, Occipital Inc., Irida Labs, Megvii Inc., Deep Vision AI inc., Xnor.AI inc.
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What Is Covered In The AI in Computer Vision Global Market Report?
• Market Size Forecast: Examine the ai in computer vision market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the ai in computer vision market for a structured understanding.
• Key Players Overview: Analyze major players in the ai in computer vision market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the ai in computer vision market.
• Segment Contributions: Evaluate how different segments drive overall growth in the ai in computer vision market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the ai in computer vision market.
• Industry Challenges: Identify potential risks and obstacles affecting the ai in computer vision market.
• Competitive Landscape: Review strategic developments in the ai in computer vision market, including expansions, agreements, and new product launches.
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