What Is Driving Global Computer Vision Market Growth in 2025: The Role of Rising Demand For Artificial Intelligence Propels Computer Vision Market Growth

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Computer Vision Market Size Growth Forecast: What to Expect by 2025?
In recent years, there has been robust growth in the size of the computer vision market. The market, which was valued at $16.28 billion in 2024, is projected to reach $17.75 billion in 2025, representing a compound annual growth rate (CAGR) of 9.1%. This upward trajectory during the historical period is due to several factors including an uptick in demand for automation processes, heightened need for quality checks and assurances, an increase in surveillance and security applications, progress in medical imaging, and burgeoning applications in the retail sector.

How Will the Computer Vision Market Size Evolve and Grow by 2029?
The scale of the computer vision market is projected to experience rapid expansion in the forthcoming years, rising to $31.91 billion by 2029 at a compound annual growth rate (CAGR) of 15.8%. Factors contributing to this predicted growth during the forecast period include its integration into autonomous vehicles, the swift expansion of augmented reality (AR) and virtual reality (VR), utilization in agriculture and agtech, wider acceptance in smart cities, and an increasing role in human-computer interaction. Key trending aspects during the forecast period encompass the use of vision systems in industrial automation, progress in 3D computer vision, concerns about privacy and ethics, cross-sector collaboration for innovation, and integration with the Internet of Things (IoT) for intelligent applications.

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What Drivers Are Propelling the Growth of Computer Vision Market Forward?
The escalating need for artificial intelligence is predicted to fuel the advancement of the computer vision market. Artificial intelligence pertains to the creation and engineering of smart machines, particularly intelligent computer systems. AI's integration with computer vision allows computers and systems to garner valuable data from digital images, films, and other visual sources, leading to expert recommendations. Hence, the rise in the demand for artificial intelligence leads to the expansion of the computer vision market. For example, IBM, a US-based technology firm, reported in May 2022 that global business utilization of artificial intelligence witnessed an increase of 4%, with 35% of businesses using AI in 2022 compared to the previous year. Furthermore, there was a 13% surge in organizations incorporating artificial intelligence in 2022 compared to 2021. Consequently, the growing requirement for artificial intelligence is propelling the computer vision market's growth.

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Which Emerging Trends Are Transforming the Computer Vision Market in 2025?
The emergence of cutting-edge technological advancements is a significant trend garnering attention in the computer vision market. Key players in this competitive market are prominently focusing on the development of innovative technologies to maintain their market standing. For instance, Amazon Web Services, Inc., a renowned cloud computing platform provider based in the US, unveiled AWS Panorama in January 2022. Launched in the Asia-Pacific region, this software development kit leverages computer vision (CV) to enhance operations. AWS Panorama amalgamates an SDK and machine learning (ML) devices that usher computer vision into on-site internet protocol (IP) cameras. It proves beneficial to businesses by automating visual inspection tasks like assessing manufacturing standard, pinpointing obstructions in industrial processes, and ensuring worker safety in their premises.

What Are the Key Segments in the Computer Vision Market?
The computer visionmarket covered in this report is segmented -

1) By Product: Smart Camera-Based Computer Vision Systems, PC-Based Computer Vision Systems
2) By Component: Hardware, Software
3) By Offering: Deep Learning, Traditional Computer Vision
4) By Application: Quality Assurance And Inspection, Positioning And Guidance, Measurement, Identification, Predictive Maintenance, 3D Visualization And Interactive 3D Modelling
5) By End-User Industry: Life Science, Manufacturing, Defense And Security, Automotive, Other End User Industries

Subsegments:
1) By Smart Camera-Based Computer Vision Systems: Embedded Smart Cameras, Industrial Smart Cameras, IoT-Enabled Smart Cameras
2) By PC-Based Computer Vision Systems: Software-Based Solutions, Hardware-Accelerated Systems, Custom PC Configurations For Vision Processing

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Who Are the Key Players Shaping the Computer Vision Market's Competitive Landscape?
Major companies operating in the computer vision market include Microsoft Corporation, Sony Semiconductor Solutions Corporation, Intel Corporation, Texas Instruments Incorporated, MediaTek Inc., Omron Corporation, Keyence Corporation, Teledyne Technologies Incorporated., Synopsys Inc., Cadence Design Systems Inc., SAS Institute, National Instruments Corporation, Cognex Corporation, Magic Leap One, Veritone, Inc, Matterport Inc., CEVA Inc., Evolv Technology, Orbital Insight, Descartes Labs, Sight Machine Inc., AiFi INC., JAI A/S., Aila Technologies, Radar Inc, Streem, Piaggio Fast Forward, Baumer Holding AG, Iterative Health, Trax Technology Solutions PTE Ltd

What Geographic Markets Are Powering Growth in the Computer Vision Market?
Asia-Pacific was the largest region in the computer vision market in 2024. North America is expected to be the fastest-growing region in the global computer vision market during the forecast period. The regions covered in the computer vision market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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