Deep Learning in Machine Vision Market to reach USD 9,262.40 million by 2029,growing with the CAGR of 12.5%,growth

deep learning in machine vision systems are those systems which can see and understand the world around it just like humans; those are the computer capable of understanding digital image and videos. This is possible due to advancement in technology of vision systems, artificial intelligence, and computational power. The fundamental principles used in this systems are data or image acquisition, data or image processing, data or image classification.

View Detailed Report: https://www.databridgemarketresearch.com/reports/global-deep-learning-in-machine-vision-market

The major factors driving the growth of the deep learning in machine vision market are increasing adoption of AI, deep learning and technical advancements in hardware and software. Rising adoption of 3D inspection system over conventional inspection systems is increasing which is boosting the growth of the market. The security threats of neural networks and deep learning is acting as a major challenge for the growth of the market as the threats are increased with the evolution of technology.

Deep learning in machine vision market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the market is growing with the CAGR of 12.5% in the forecast period of 2022 to 2029 and expected to reach USD 9,262.40 million by 2029.

Some of the major players operating in the global deep learning in machine vision market are Cognex Corporation, Intel Corporation, NATIONAL INSTRUMENTS CORP., SICK AG, Datalogic S.p.A., STEMMER IMAGING AG, Abto Software, Adaptive Vision Sp. z o.o. (subsidiary of Zebra Technologies Corporation), Autonics Corporation, Basler AG, Cyth Systems, Inc., EURESYS S.A., IDS Imaging Development Systems GmbH, Integro Technologies Corp., LeewayHertz, Matrox Imaging, MVTEC SOFTWARE GMBH, Omron Microscan Systems, Inc. (A Subsidiary of OMRON Corporation), perClass BV, Qualitas Technologies, RSIP Vision, USS Vision LLC, and Viska Automation Systems Ltd. T/A Viska Systems among others. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

Global Deep Learning in Machine Vision Market Scope and Market Size

Deep learning in machine vision market is segmented on the basis of offering, application, object, and vertical. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

On the basis of offering, the global deep learning in machine vision market is segmented into hardware, software, and services. In 2022, the hardware held a larger share in the market as the deep learning in machine vision is dependent on hardware such as frame grabbers, cameras, optics, and many more, which are essential components for deep learning in machine vision market.

On the basis of application, the global deep learning in machine vision market has been segmented into inspection, image analysis, anomaly detection, object classification, object tracking, counting, bar code detection, feature detection, location detection, optical character recognition, face recognition, instance segmentation, and others. In 2022, inspection held a larger share in the market, as the companies perform quality assurance & inspection of their products before selling into market, which will help increase their revenue.

On the basis of object, global deep learning in machine vision market has been segmented into image and video. In 2022, image segment is expected to hold the major share in the market due to growing demand for integration of deep learning with machine vision to automate the manufacturing process which can be used for object detection, smoothening the manufacturing process, error detection, defect detection among others in various industries such as automotive, manufacturing, consumer electronics among others.

The North America is the most dominating region in deep learning in machine vision market as the number of companies present and the different product offered for deep learning in machine vision by companies are large and the region is expected to grow at highest CAGR.

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