What Is Driving Global Visual Computing Market Growth in 2025: The Role of Expanding Internet Penetration Fuels Growth In Visual Computing Market

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What Is the Expected CAGR for the Visual Computing Market Through 2025?
In recent times, the size of the visual computing market has experienced swift expansion. It's projected to rise from a value of $22.24 billion in 2024 up to $26.18 billion in 2025, signifying a compound annual growth rate (CAGR) of 17.7%. The significant growth observed in the historical period is due to various factors like the intensified demand for high-performance GPUs, improvements in display technology, the emergence of advanced rendering methods, the popularity of interactive whiteboards, and increased usage of interactive tables.

What's the Projected Size of the Global Visual Computing Market by 2029?
There is an anticipation for rapid expansion in the visual computing market size in the upcoming years. The prediction is an increase to $51.33 billion in 2029 with a compound annual growth rate (CAGR) of 18.3%. This growth during the forecast period is likely due to the advancement in virtual reality (VR) and augmented reality (AR), flourishing of cloud-based visual computing services, proliferation of interactive kiosks, and the demand for large-scale video walls coupled with IoT integration within visual computing. Major trends predicted during the forecast period include the rising incorporation of AI and machine learning for improved visual computing applications and the escalating demand for immersive AR and VR experiences across various sectors. There will also be an expansion of interactive display technologies and large-scale visualization solutions, along with ongoing advancement in rendering techniques and computer vision algorithms for real-time analytics and applications.

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Top Growth Drivers in the Visual Computing Industry: What's Accelerating the Market?
The growth of the visual computing market is set to be propelled by the increasing expansion of internet penetration. The internet, an international network that enables communication, information exchange, and access to various resources and services, is ever-increasing due to more affordable devices, enlarged network infrastructures, and a rising global demand for digital services and online connections. Applications such as image analysis, augmented reality, and automatic content moderation are made possible by computer vision, a necessity for internet penetration, which improves user experiences and broadens digital capabilities. For example, the International Telecommunication Union, a specialized agency based in Switzerland, reported in November 2022 that approximately 5.3 billion people around the world, or 66% of the global population, are expected to be internet users in 2022, demonstrating a growth of 6.1% from the year before. Such growth emphasizes the rising global connectivity and the adoption of digital technologies, reinforcing that the expansion of internet penetration is integral to the growth of the visual computing market.

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What Trends Will Shape the Visual Computing Market Through 2029 and Beyond?
Leading businesses in the vision computing marketplace are pushing the boundaries by developing cutting-edge technologies like spatial computers with the aim to improve user experience and spur innovation in various sectors. Spatial computer is a term used to describe a device or system that incorporates spatial awareness, usually via sensors such as cameras or depth sensors. This allows the system to interpret and engage with its physical surroundings in real time, facilitating applications like augmented reality (AR), spatial mapping, and pinpoint location-based services. To illustrate, Apple Inc., an American tech firm, introduced the Apple Vision Pro in June 2023. This revolutionary device equips spatial computing capabilities that merge digital data with the physical realm. Providing a three-dimensional user interface, Vision Pro can be controlled with gestures, verbal commands, and eye movements, all powered by VisionOS, the inaugural spatial operating system. Included in its features are a supremely high-resolution display comprising 23 million pixels and a dual-chip setup, enabling immersive experiences.

What Are the Main Segments in the Visual Computing Market?
The visual computingmarket covered in this report is segmented -

1) By Component: Hardware, Software
2) By Display Platform: Interactive Whiteboard, Interactive Kiosk, Interactive Table, Interactive Video Wall, Monitor, Other Display Platforms
3) By Industry: Gaming, Media And Entertainment, Healthcare, Automotive, Manufacturing, Defense And Intelligence, Other Industries

Subsegments:
1) By Hardware: Graphics Processing Units (GPUs), Central Processing Units (CPUs), Display Devices (Monitors, Virtual Reality Headsets), Camera and Sensor Systems, Storage Devices
2) By Software: Visualization Software, Image Processing Software, Computer Vision Software, Augmented Reality (AR) And Virtual Reality (VR) Software, Rendering Software

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Which Top Companies are Driving Growth in the Visual Computing Market?
Major companies operating in the visual computing market are Apple Inc., Google LLC, Samsung Electronics, Microsoft Corporation, Imagination Technologies, Sony Corporation, LG Electronics, Intel Corporation, Panasonic Corporation, Qualcomm Technologies Inc., NVIDIA, NEC Corporation, AMD, Sharp Corporation, Adobe Inc., Epson Corporation, Dassault Systèmes, Autodesk Inc., Texas Instruments, Arm Holdings, Oculus VR (Meta Platforms), Unity Technologies, Barco NV, Magic Leap, HTC Corporation

Which Regions Will Dominate the Visual Computing Market Through 2029?
North America was the largest region in the visual computing market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the visual computing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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