Press release
AI in Computer Vision Market- Industry showing Huge Opportunity in Future with High CAGR () by 2027
The AI in computer vision market was valued at US$ 4,643.3 million in 2019 and is projected to reach US$ 95,080.5 million by 2027; it is expected to grow at a CAGR of 46.9% from 2020 to 2027.Artificial intelligence (AI) in computer vision is used in self-driving cars, facial recognition, AR and mixed reality, healthcare, and information technology. AI in computer vision works in three processes—image acquisition, image processing, and image analysis and understanding. The combination of these three processes enables enterprises to make decision for achieving their growth plans. The growth of the AI in computer vision market is attributed to the rising demand for merged reality. The computer vision software takes virtual reality (VR) and augmented reality (AR) to the next stage of development that some call Merged Reality (MR). The VR and AR systems can perceive the atmosphere and guide the user to keep distance from obstacles such as walls, products, or other users. It also detects the movement of the eye and body of the user and adopt the VR environment accordingly, and provides guidance and directions with the aid of external environment by mapping cameras and sensors, as well as eye tracking solutions and gyroscopes to position the user.
Major vendors covered in this report:
Cognex Corporation, General Electric Company, Intel Corporation, Microsoft Corporation, QUALCOMM INCORPORATED, Xilinx, Inc, NVIDIA CORPORATION, BASLER AG, Allied Vision Technologies GmbH, TELEDYNE TECHNOLOGIES, INC
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The research provides answers to the following key questions:
What is the estimated growth rate of the market for the forecast period 2020–2027? What will be the market size during the estimated period?
What are the key driving forces responsible for shaping the fate of the AI in Computer Vision market during the forecast period?
Who are the major market vendors and what are the winning strategies that have helped them occupy a strong foothold in the AI in Computer Vision market?
What are the prominent market trends influencing the development of the AI in Computer Vision market across different regions?
What are the major threats and challenges likely to act as a barrier in the growth of the AI in Computer Vision market?
What are the major opportunities the market leaders can rely on to gain success and profitability?
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Introduction
Key Takeaways
Research Methodology
AI in Computer Vision Market Landscape
AI in Computer Vision –Market Dynamics
AI in Computer Vision Market – Global Analysis
AI in Computer Vision Market Analysis – By Deployment Model
AI in Computer Vision Market Analysis – By End-User
AI in Computer Vision Market – Geographic Analysis
AI in Computer Vision Market- COVID-19 Impact Analysis
Industry Landscape
Company Profiles
List of Tables and Figures
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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our wide range of research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
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