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Soaring Demand Set to Propel Event-Based Display-Processing Market to $4.28 Billion by 2029
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Is the Expected CAGR for the Event-Based Display-Processing Market Through 2025?
The market size of event-based display processing has witnessed a considerable expansion over the past few years. It is projected to surge from $1.37 billion in 2024 to $1.73 billion in 2025, demonstrating a remarkable compound annual growth rate (CAGR) of 25.8%. This significant growth in the historical period is owing to factors such as the heightened need for low-latency visual processing, expansion in autonomous vehicle applications, increased acceptance of neuromorphic computing, a surge in machine vision and robotics applications, and the enhancement in investments towards energy-efficient imaging solutions.
What's the Projected Size of the Global Event-Based Display-Processing Market by 2029?
In the next few years, the market for event-based display-processing is anticipated to experience substantial growth, as it's predicted to reach a value of $4.29 billion in 2029, with a CAGR of 25.5%. This growth during the forecasted period is largely a result of an increased demand for real-time experiences in augmented and virtual reality (AR/VR), a spike in its use in automotive ADAS and autonomous systems, smart surveillance and security systems growth, rising amalgamation with AI-driven analysis, and the expansion of its application in wearable and mobile devices. Key trends expected during this prediction period are the adoption of neuromorphic sensors, a move towards ultra-low latency imaging, the growth of AR/VR and immersive experiences, merger with AI and machine vision, and a concentration on energy-saving hardware solutions.
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Top Growth Drivers in the Event-Based Display-Processing Industry: What's Accelerating the Market?
The increasing interest in self-driving cars and trucks is predicted to spur the development of the event-based display-processing market. These autonomous vehicles, which use cameras, sensors, and artificial intelligence to control and navigate without human participation, are gaining immense popularity due to safety worries associated with human errors in driving. This technology mitigates accidents. Event-based display processing, a feature of these vehicles, allows for speedy visual recognition and realtime responses to environmental changes, significantly enhancing vehicle safety and decision-making capabilities, which are vital for autonomous functioning. For instance, estimates by the National Association of Insurance Commissioners, a US non-profit group, predict 3.5 million self-driving vehicles on US roads by 2025, increasing to 4.5 million by 2030. Consequently, the growing demand for autonomous vehicles is fuelling the event-based display-processing market's expansion.
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What Trends Will Shape the Event-Based Display-Processing Market Through 2029 and Beyond?
Leading firms in the event-based display-processing market are leveraging neuromorphic engineering to develop event-based sensors. The objective is to enhance ultra-low-latency and event-driven vision sensors which pick up alterations in pixel-level brightness, as opposed to capturing whole frames. An event-based sensor, also known as a dynamic vision sensor or neuromorphic sensor, is an imaging gadget that observes changes in the scene instead of capturing entire frames at specific durations as conventional cameras do. For example, in August 2025, Prophesee, which is based in France and specializes in neuromorphic vision systems, introduced the GenX320 Starter Kit for Raspberry Pi 5. It includes a compact 320 × 320 event-based sensor with an exceptionally high dynamic range (>140 dB), event rate equivalent to approximately 10,000 fps, sub-millisecond latency, and minimal power usage (
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