The integration of Artificial Intelligence (AI) into computer vision has catalyzed a significant transformation across various industries. As AI technologies continue to evolve, the computer vision market is experiencing unprecedented growth, reshaping how businesses and individuals interact with visual data.
The global AI
in computer vision market, valued at USD
17.42 billion in 2022, is set to soar to USD 206.33 billion by 2030. This impressive growth reflects a CAGR of 37.05% from 2023 to 2030,
highlighting the rapid expansion and increasing importance of AI-driven visual
technologies.
Growth Factors
The rapid evolution of AI technologies is a key driver of
growth in the AI in computer vision market. Advances in AI algorithms and
techniques, particularly in deep learning models, are significantly enhancing
the capabilities of computer vision systems. Innovations such as convolutional
neural networks (CNNs), recurrent neural networks (RNNs), and transformer
models are pushing the boundaries of what computer vision can achieve. These
sophisticated models enable more accurate object recognition, tracking, and
image analysis, thereby increasing the reliability and utility of computer
vision solutions across various applications.
As AI technology continues to advance, it paves the way for
the development of complex and versatile computer vision applications. This
ongoing progress fosters innovation and supports the widespread adoption of
AI-driven visual technologies. With each technological leap, the potential for
computer vision grows, driving its integration into new areas and expanding its
impact on industries ranging from healthcare to automotive and beyond.
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Report: https://www.extrapolate.com/information-technology-communication-iot/ai-in-computer-vision-market/87584
Competitive Landscape
The global AI in computer vision market is fragmented with
key players such as Intel Corporation, Microsoft, Basler AG, Qualcomm
Technologies, Inc., TEC Competence GmbH & Co. KG, Advanced Micro Devices,
Inc., IBM Corporation, NVIDIA CORPORATION, and AWS,
among others. Companies employ a variety of strategic measures such as
acquisitions, mergers, partnerships, product introductions, and collaborations
to expand their business globally and enhance their competitive position.
The global AI In Computer Vision Market is segmented as
follows:
By Offering
- Hardware
- Software
By ML Model
- Supervised
Learning
- Unsupervised
Learning
- Reinforcement
Learning
By Application
- Non-industrial
- Industrial
By Vertical
- Consumer
Electronics
- Automotive
- Healthcare
- Retail
- Security
& Surveillance
- Manufacturing
- Others
By Region
- North
America
- U.S.
- Canada
- Mexico
- Europe
- France
- UK
- Spain
- Germany
- Italy
- Russia
- Rest
of Europe
- Asia
Pacific
- China
- Japan
- India
- South
Korea
- Rest
of Asia Pacific
- Middle
East & Africa
- GCC
- North
Africa
- South
Africa
- Rest
of Middle East & Africa
- Latin
America
- Brazil
- Argentina
- Rest
of Latin America
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