The global AI in computer vision market is expected to be valued at USD 17.2 billion in 2023 and is projected to reach USD 45.7 billion by 2028 at a CAGR of 21.5% from 2023 to 2028. The advancement in 3D acquisition systems and the computing power of smart devices/laptops have helped solve identification tasks by fitting a deformable 3D model to 2D images. Facial recognition technology uses deep learning models to detect, normalize, validate, match, and identify faces. AI models are trained with millions of facial images, and depending on the use case, they are designed to generate mathematical representations of a human face (embeddings). These embeddings can be stored and referenced by other models to infer identity.
AI Solution: The largest growing software segment for AI in the computer vision market
Recently, most developments have been witnessed in AI solutions and related software development kits. AI solutions are created using nonprocedural languages such as LISP and PROLOG. These languages allow systems to learn and modify responses according to the environment. Depending on the application, a fast CPU, high-capacity RAM, large storage capacity, a graphics card, and a few specialized input and output devices are required to install AI software. Companies are trying to provide AI solutions to reduce the volume and complexity of data in various verticals. Digitalizing healthcare and combining the power of artificial intelligence can help healthcare providers remain competitive despite the shortage of skilled staff and continuous increase in the volumes of imaging scans. For instance, AI solutions by Siemens Healthineers (Germany) are helpful in clinical processes. During the scan preparation, AI assists in the form of an intelligent and automated workflow in CT scans to generate reliable and consistent images while reducing unwanted variations.
Consumer Electronics: Largest end-use industry of AI in the computer vision market
The consumer electronics vertical includes cameras, gaming devices, wearables, and smartphones. The addition of AI capabilities to smartphones will help change two main aspects: user-machine interaction and context-personalized openness. User-machine interaction will improve the efficiency between the users and their phones across text, voice, image, video, and sensors. In contrast, context-personalized openness will actively provide services and aggregated information across apps, content, third-party, and native features. Amazon Web Services (US) has launched an AI-powered camera called DeepLens for developing and deploying machine learning algorithms and services for AI-powered transcription and translation. DeepLens includes applications such as optical character recognition and image and object recognition, which would help test and develop new vision-based AI functionalities efficiently and quickly.
China: The largest consumer region in Asia Pacific for AI in computer vision
The deployment of computer vision systems is rapidly increasing because of the growing need for automation in China. Moreover, there is a year-on-year increase in labor costs, so companies are increasingly adopting automation systems to reduce production costs. A rise in manufacturing operations mainly contributes to the country's economic development.
China has invested heavily in computer vision technologies for security and surveillance purposes. The country has implemented several large-scale surveillance systems that rely on computer vision algorithms to monitor and track individuals in public spaces. In January 2022, a new report from the Center for Security and Emerging Technology (CSET) found that the research sector of China is investing heavily in AI-based computer vision technology, especially in the security and surveillance sector. It has a massive lead in three key areas: person re-identification (REID), crowd counting, and spoofing detection.
The study contains various industry experts' insights, from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows:
• By Company Type: Tier 1 - 45%, Tier 2 - 32%, and Tier 3 - 23%
• By Designation: C-level Executives - 30%, Directors - 45%, and Others - 25%
• By Region: North America - 26%, Europe - 40%, Asia Pacific - 22%, RoW - 12%
The key players operating in the AI in computer vision market are NVIDIA Corporation (US), Intel Corporation (US), Microsoft (US), IBM Corporation (US), Qualcomm Technologies Inc. (US), Advanced Micro Devices, Inc (US), Alphabet, Inc. (US), Amazon (US), Basler AG (Germany), Hailo (US), and Groq, Inc. (US). The other company profiles included in the scope are Sighthound, Inc. (US), Neurala, Inc. (US), Datagen (Israel), Graphcore (UK), Groopic (US), Ultraleap (US), Algolux (US), Athena Security (US), Snorkel AI (US), Vizseek (US), Robotic Vision Technologies (US), AMP Robotics (US), CureMetrix (US), and Creative Virtual (UK).
Research Coverage:
The report segments the AI in the computer vision market and forecasts its size, by value, based on component, function, application, end-use industry, and region.
The report also provides a comprehensive review of market drivers, restraints, opportunities, and challenges in the AI in computer vision market. The report also covers qualitative aspects in addition to the quantitative aspects of these markets.
Key Benefits of Buying the Report
The report will help the leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall market and the sub-segments. This report will help stakeholders and gain more insights to better position their businesses and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the AI in computer vision market and provides them with information on key market drivers, restraints, challenges, and opportunities.
Table of Contents
1 Introduction
1.1 Study Objectives
1.2 Market Definition
1.2.1 Inclusions and Exclusions
1.3 Study Scope
1.3.1 Markets Covered
Figure 1 Segmentation of AI in Computer Vision Market
1.3.2 Geographic Scope
1.3.3 Years Considered
1.4 Currency
1.5 Stakeholders
1.6 Summary of Changes
2 Research Methodology
2.1 Research Data
Figure 2 AI in Computer Vision Market: Research Design
2.1.1 Secondary Data
2.1.1.1 Major Secondary Sources
2.1.1.2 Key Data from Secondary Sources
2.1.2 Primary Data
2.1.2.1 Primary Interviews with Experts
2.1.2.2 Key Data from Primary Sources
2.1.2.3 Key Industry Insights
2.1.2.4 Breakdown of Primaries
2.1.3 Secondary and Primary Research
2.2 Market Size Estimation
Figure 3 Research Flow of Market Size Estimation
Figure 4 Market Size Estimation Methodology (Supply Side): Revenue from Sales of AI Computer Vision Products and Solutions
2.2.1 Bottom-Up Approach
2.2.1.1 Approach to Arrive at Market Size Using Bottom-Up Analysis
Figure 5 Market Size Estimation Methodology: Bottom-Up Approach
2.2.2 Top-Down Approach
2.2.2.1 Approach to Capture Market Share Using Top-Down Analysis (Supply Side)
Figure 6 Top-Down Approach
2.3 Data Triangulation
Figure 7 Data Triangulation
2.4 Research Assumptions
2.5 Risk Assessment
Table 1 Risk Factor Analysis
2.6 Assumptions Regarding Recession
Table 2 Assumptions Regarding Recession
2.7 Study Limitations
3 Executive Summary
3.1 Recession Analysis
Figure 8 Gdp Growth Projection Until 2023 for Major Economies
Figure 9 Market Projections for AI in Computer Vision Market
3.2 Growth Rate Assumptions/Forecast
Figure 10 Software Segment to Account for Larger Market Share by 2028
Figure 11 AI in Computer Vision Market for Inference to Continue to Account for Larger Market Share During Forecast Period
Figure 12 Non-Industrial Segment to Continue to Account for Larger Market Share in AI Computer Vision Market During Forecast Period
Figure 13 Consumer Electronics Segment to Account for Largest Market Share while Automotive to Exhibit Highest CAGR During Forecast Period
Figure 14 AI in Computer Vision Market in Asia-Pacific to Witness Highest CAGR During Forecast Period
4 Premium Insights
4.1 Attractive Opportunities for Players AI in Computer Vision Market
Figure 15 Government Initiatives to Support Industrial Automation to Create Attractive Growth Opportunities for AI in Computer Vision Market Players
4.2 AI in Computer Vision Market in North America, by Component and Country
Figure 16 Software and Us are Largest Shareholders in AI in Computer Vision Market in 2023
4.3 AI in Computer Vision Market, by Hardware Processor Type
Figure 17 Cpu Segment to Hold Largest Share of AI in Computer Vision Market in 2028
4.4 AI in Computer Vision Market, by Region
Figure 18 China to Register Highest CAGR in AI in Computer Vision Market Between 2023 and 2028
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
Figure 19 Market Dynamics: AI in Computer Vision Market
5.2.1 Drivers
Figure 20 AI in Computer Vision Market Drivers: Impact Analysis
5.2.1.1 Increasing Demand for Automation and Efficiency
5.2.1.2 Advancements in Deep Learning and Neural Network Technologies
5.2.1.3 Growing Impact of AI in Machine Vision
5.2.2 Restraints
Figure 21 AI in Computer Vision Market Restraints: Impact Analysis
5.2.2.1 Limited Understanding and Technical Expertise in AI Computer Vision
5.2.2.2 High Cost of Acquiring and Implementing AI Computer Vision Solutions
5.2.2.3 Lack of Skilled Professionals in Manufacturing Factories
5.2.3 Opportunities
Figure 22 AI in Computer Vision Market Opportunities: Impact Analysis
5.2.3.1 Emerging Applications of AI Computer Vision in Agriculture, Logistics, and Manufacturing
5.2.3.2 Increasing Use of AI Computer Vision in Autonomous Systems
5.2.3.3 Growing Demand for Real-Time and High-Precision Visual Data Analysis
5.2.3.4 Development of Machine Learning Pertaining to Vision Technology
5.2.4 Challenges
Figure 23 AI in Computer Vision Market Challenges: Impact Analysis
5.2.4.1 Overcoming Limitations in Current AI Computer Vision Technologies
5.2.4.2 Maintaining Trust and Transparency of AI Computer Vision Systems
5.3 Value Chain Analysis
Figure 24 Value Chain Analysis: AI in Computer Vision
5.4 Ecosystem Analysis
Figure 25 Key Players in AI in Computer Vision Market
Table 3 Role of Companies in Ecosystem/Value Chain
5.5 Porter's Five Forces Analysis
Table 4 AI in Computer Vision Market: Porter's Five Forces Analysis
Figure 26 Porter's Five Forces Analysis: AI in Computer Vision Market
5.5.1 Intensity of Competitive Rivalry
5.5.2 Threat of New Entrants
5.5.3 Bargaining Power of Suppliers
5.5.4 Bargaining Power of Buyers
5.5.5 Threat of Substitutes
5.6 Key Stakeholders and Buying Criteria
5.6.1 Key Stakeholders in Buying Process
Figure 27 Influence of Stakeholders on Buying Process for Top Three Applications
Table 5 Influence of Stakeholders on Buying Process for Top 3 Applications (%)
5.6.2 Buying Criteria
Figure 28 Key Buying Criteria for Top Three Applications
Table 6 Key Buying Criteria for Top Three Applications
5.7 Trends/Disruptions Impacting Customer Business
Figure 29 Revenue Shift for Players in AI Computer Vision Market
5.8 Case Study Analysis
5.8.1 Vulcan AI Uses AI Vision and Deep Learning to Create Safer Workplace
5.8.2 AI Algorithms Used in Medical Image Analysis by Incorporating Computer Vision Technology
5.8.3 Retail: Object Detection and Recognition
5.8.4 Transportation: Autonomous Vehicle Navigation
5.8.5 Automotive Industry: Object Recognition and Classification in Traffic
5.9 Technology Analysis
5.9.1 Cognitive Robots
5.9.2 Internet of Things
5.9.3 Analysis of AI Chip and Processor Technology
Table 7 Comparison of AI Chip Types
5.9.4 Camera Technology
5.9.4.1 Frame Rate
5.9.4.1.1 <25 Fps
5.9.4.1.2 25-125 Fps
5.9.4.1.3 >125 Fps
5.9.4.2 Resolution
5.9.4.2.1 >=40 Mp
5.9.4.2.2 20-39 Mp
5.9.4.2.3 6-19 Mp
5.9.4.2.4 >2-5 Mp
5.9.4.2.5 <2 Mp
5.10 Average Selling Price Analysis
Figure 30 Average Selling Price of AI in Computer Vision Hardware, Based on End-Use Industry
5.10.1 Average Selling Price of AI in Computer Vision Hardware, by Key End-Use Industry (USD)
Table 8 Average Selling Prices of AI in Computer Vision Hardware, by Key End-Use Industry (USD)
5.10.2 Average Selling Price Trends
Figure 31 Average Selling Price Analysis
5.10.3 Subscription-Based Computer Vision Pricing
Table 9 Subscription-Based Computer Vision Pricing
5.11 Patent Analysis
Figure 32 Number of Patents Granted in AI in Computer Vision Market, 2012-2022
Table 10 List of a Few Patents in AI in Computer Vision Market, 2019-2021
5.12 Trade Analysis
Table 11 Import Data, by Country, 2017-2021 (USD Million)
Figure 33 Import Data, by Country, 2017-2021 (USD Million)
Table 12 Export Data, by Country, 2017-2021 (USD Million)
Figure 34 Export Data, by Country, 2017-2021 (USD Million)
5.13 Tariff Analysis
Table 13 Mfn Tariffs for Hs Code: 854231 Exported by China
Table 14 Mfn Tariffs for Hs Code: 851762 Exported by US
Table 15 Mfn Tariff for Hs Code: 851762 Exported by Germany
5.14 Standards and Regulatory Landscape
5.14.1 Regulatory Bodies, Government Agencies, and Other Organizations
5.14.1.1 North America: Regulatory Bodies, Government Agencies, and Other Organizations
Table 16 North America: Regulatory Bodies, Government Agencies, and Other Organizations
5.14.1.2 Europe: Regulatory Bodies, Government Agencies, and Other Organizations
Table 17 Europe: Regulatory Bodies, Government Agencies, and Other Organizations
5.14.1.3 Asia-Pacific: Regulatory Bodies, Government Agencies, and Other Organizations
Table 18 Asia-Pacific: Regulatory Bodies, Government Agencies, and Other Organizations
5.14.1.4 RoW: Regulatory Bodies, Government Agencies, and Other Organizations
Table 19 RoW: Regulatory Bodies, Government Agencies, and Other Organizations
5.14.2 Standards & Regulations Related to AI in Computer Vision Market
5.15 Key Conferences and Events, 2022-2023
Table 20 AI in Computer Vision Market: Detailed List of Conferences and Events
6 AI in Computer Vision Market, by Component
6.1 Introduction
Figure 35 AI in Computer Vision Market, by Component
Figure 36 AI in Computer Vision Market for Software to Grow at Higher CAGR During Forecast Period
Table 21 AI in Computer Vision Market, by Component, 2019-2022 (USD Million)
Table 22 AI in Computer Vision Market, by Component, 2023-2028 (USD Million)
6.2 Hardware
6.2.1 Growing Deployment of AI Infrastructure to Drive Market
Table 23 AI in Computer Vision Market, by Hardware Type, 2019-2022 (USD Million)
Table 24 AI in Computer Vision Market, by Hardware Type, 2023-2028 (USD Million)
6.2.2 Hardware: AI in Computer Vision Market, by Region
Table 25 Hardware: AI in Computer Vision Market, by Region, 2019-2022 (USD Million)
Table 26 Hardware: AI in Computer Vision Market, by Region, 2023-2028 (USD Million)
6.2.3 Hardware: AI in Computer Vision Market, by Function
Table 27 Hardware: AI in Computer Vision Market, by Function, 2019-2022 (USD Million)
Table 28 Hardware: AI in Computer Vision Market, by Function, 2023-2028 (USD Million)
6.2.4 Hardware: AI in Computer Vision Market, by End-Use Industry
Table 29 Hardware: AI in Computer Vision Market, by End-Use Industry, 2019-2022 (USD Million)
Table 30 Hardware: AI in Computer Vision Market, by End-Use Industry, 2023-2028 (USD Million)
6.2.5 Processor
Table 31 Processor: AI in Computer Vision Market, by Type, 2019-2022 (USD Million)
Table 32 Processor: AI in Computer Vision Market, by Type, 2023-2028 (USD Million)
6.2.6 Processor: AI in Computer Vision Market, by Type (Unit Shipment Data)
Table 33 Processor: AI in Computer Vision Market, by Type, Shipment Data, 2019-2022 (Million Units)
Table 34 Processor: AI in Computer Vision Market, by Type, Shipment Data, 2023-2028 (Million Units)
6.2.6.1 Cpu
6.2.6.2 Gpu
6.2.6.3 Asic
6.2.6.4 Fpga
6.2.7 Memory
6.2.8 Storage
6.3 Software
6.3.1 Use of AI Solutions to Reduce Volume and Complexity of Data to Lead to Market Growth
Table 35 AI in Computer Vision Market, by Software Type, 2019-2022 (USD Million)
Table 36 AI in Computer Vision Market, by Software, 2023-2028 (USD Million)
6.3.2 Software: AI in Computer Vision Market, by Region
Table 37 Software: AI in Computer Vision Market, by Region, 2019-2022 (USD Million)
Table 38 Software: AI in Computer Vision Market, by Region, 2023-2028 (USD Million)
6.3.3 Software: AI in Computer Vision Market, by Function
Table 39 Software: AI in Computer Vision Market, by Function, 2019-2022 (USD Million)
Table 40 Software: AI in Computer Vision Market, by Function, 2023-2028 (USD Million)
6.3.4 Software: AI in Computer Vision Market, by End-Use Industry
Table 41 Software: AI in Computer Vision Market, by End-Use Industry, 2019-2022 (USD Million)
Table 42 Software: AI in Computer Vision Market, by End-Use Industry, 2023-2028 (USD Million)
6.3.5 AI Platform
6.3.6 AI Solution
7 AI in Computer Vision Market, by Function
7.1 Introduction
Figure 37 AI in Computer Vision Market, by Function
Figure 38 AI in Computer Vision Market for Training Function to Witness Higher CAGR During Forecast Period
Table 43 AI in Computer Vision Market, by Function, 2019-2022 (USD Million)
Table 44 AI in Computer Vision Market, by Function, 2023-2028 (USD Million)
7.2 Training
7.2.1 Rising Adoption of Machine Learning and Deep Learning Technologies to Boost Adoption of Training Function for Computer Vision Market
Table 45 Training: AI in Computer Vision Market, by Component, 2019-2022 (USD Million)
Table 46 Training: AI in Computer Vision Market, by Component, 2023-2028 (USD Million)
7.3 Inference
7.3.1 Retail and E-Commerce Companies Use Ml, AI, and Dl Inference for Tasks Such as Product Recommendations, Price Optimization, and Inventory Management
Table 47 Inference: AI in Computer Vision Market, by Component, 2019-2022 (USD Million)
Table 48 Inference: AI in Computer Vision Market, by Component, 2023-2028 (USD Million)
8 Various Machine Learning Models in Computer Vision
8.1 Introduction
Figure 39 Machine Learning Models of AI in Computer Vision Market
8.2 Supervised Learning
8.2.1 Supervised Learning Includes Algorithms Provided with Set of Labeled Training Data to Learn
8.2.2 Convolutional Neural Networks
8.2.3 Recurrent Neural Networks
8.3 Unsupervised Learning
8.3.1 Market for Unsupervised Learning to Grow Rapidly as More Organizations Adopt Machine Learning and AI Technologies
8.4 Reinforcement Learning
8.4.1 Reinforcement Learning Allows Machines and Software Agents to Automatically Determine Ideal Behavior to Maximize Their Performance
9 AI in Computer Vision Market, by Application
9.1 Introduction
Figure 40 AI in Computer Vision Market, by Application
Figure 41 Non-Industrial Segment to Continue to Hold Larger Share of AI in Computer Vision Market During Forecast Period
Table 49 AI in Computer Vision Market, by Application, 2019-2022 (USD Million)
Table 50 AI in Computer Vision Market, by Application, 2023-2028 (USD Million)
9.2 Non-Industrial
9.2.1 Camera-Enabled Smartphones to Drive Market for Consumer Segment
9.3 Industrial
9.3.1 Factors Such as Stringent Government Regulations and Increasing Quality Maintenance Activities to Boost Market Growth in Various Industries
9.3.2 2D Machine Vision
9.3.3 3D Machine Vision
9.3.4 Quality Assurance & Inspection
10 AI in Computer Vision Market, by End-Use Industry
10.1 Introduction
Figure 42 AI in Computer Vision Market, by End-Use Industry
Figure 43 Consumer Electronics to Account for Largest Market Share while Automotive to Witness Highest CAGR During Forecast Period
Table 51 AI in Computer Vision Market, by End-Use Industry, 2019-2022 (USD Million)
Table 52 AI in Computer Vision Market, by End-Use Industry, 2023-2028 (USD Million)
10.2 Automotive
10.2.1 Increasing Need to Improve Road Safety and Reduce Mishaps to Drive Use of Computer Vision Solutions
Table 53 Automotive: AI in Computer Vision Market, by Component, 2019-2022 (USD Million)
Table 54 Automotive: AI in Computer Vision Market, by Component, 2023-2028 (USD Million)
10.2.2 Adas and Infotainment
10.2.3 Autonomous and Semi-Autonomous Vehicles
10.3 Consumer Electronics
10.3.1 Growing Demand for Smartphones with Front and Rear Cameras to Boost Market
Table 55 Consumer Electronics: AI in Computer Vision Market, by Component, 2019-2022 (USD Million)
Table 56 Consumer Electronics: AI in Computer Vision Market, by Component, 2023-2028 (USD Million)
10.3.2 Gaming
10.3.3 Cameras
10.3.4 Wearables
10.3.5 Smartphones
10.4 Healthcare
10.4.1 Rising Adoption of AI in Computer Vision Technology in Healthcare Industry to Propel Market
Table 57 Healthcare: AI in Computer Vision Market, by Component, 2019-2022 (USD Million)
Table 58 Healthcare: AI in Computer Vision Market, by Component, 2023-2028 (USD Million)
10.4.2 Radiology
10.4.3 Medical Imaging
10.5 Retail
10.5.1 Market for AI in Computer Vision in Retail Industry to Grow Significantly
Table 59 Retail: AI in Computer Vision Market, by Component, 2019-2022 (USD Million)
Table 60 Retail: AI in Computer Vision Market, by Component, 2023-2028 (USD Million)
10.6 Security & Surveillance
10.6.1 Increasing Security Threats, Rising Need for More Efficient and Accurate Security Systems, and Growing Adoption of AI-Powered Technologies in Security Sector to Drive Market
Table 61 Security & Surveillance: AI in Computer Vision Market, by Component, 2019-2022 (USD Million)
Table 62 Security & Surveillance: AI in Computer Vision Market, by Component, 2023-2028 (USD Million)
10.6.2 Biometrics
10.6.3 Image and Video Analytics
10.6.4 AI-Guided Drone-Based Surveillance
10.7 Manufacturing
10.7.1 Growing Popularity of Machine Vision in Manufacturing and Quality Control to Accelerate Market Growth
Table 63 Manufacturing: AI in Computer Vision Market, by Component, 2019-2022 (USD Million)
Table 64 Manufacturing: AI in Computer Vision Market, by Component, 2023-2028 (USD Million)
10.8 Agriculture
10.8.1 Increasing Adoption of Precision Agriculture Techniques and Rising Need for More Efficient and Accurate Farming Practices to Boost Market
Table 65 Agriculture: AI in Computer Vision Market, by Component, 2019-2022 (USD Million)
Table 66 Agriculture: AI in Computer Vision Market, by Component, 2023-2028 (USD Million)
10.8.2 Crop Monitoring
10.8.3 Automated Irrigation Systems
10.9 Transportation & Logistics
10.9.1 Increasing Use of Computer Vision Systems in Real-Life Traffic Applications to Drive Market
Table 67 Transportation & Logistics: AI in Computer Vision Market, by Component, 2019-2022 (USD Million)
Table 68 Transportation & Logistics: AI in Computer Vision Market, by Component, 2023-2028 (USD Million)
10.1 Others
Table 69 Others: AI in Computer Vision Market, by Component, 2019-2022 (USD Million)
Table 70 Others: AI in Computer Vision Market, by Component, 2023-2028 (USD Million)
11 AI in Computer Vision Market, by Region
11.1 Introduction
Figure 44 AI in Computer Vision Market in Asia-Pacific to Grow at Highest CAGR from 2023 to 2028
Table 71 AI in Computer Vision Market, by Region, 2019-2022 (USD Million)
Table 72 AI in Computer Vision Market, by Region, 2023-2028 (USD Million)
11.2 North America
Figure 45 Snapshot of AI in Computer Vision Market in North America
Table 73 North America: AI in Computer Vision Market, by Component, 2019-2022 (USD Million)
Table 74 North America: AI in Computer Vision Market, by Component, 2023-2028 (USD Million)
Table 75 North America: AI in Computer Vision Market, by Country, 2019-2022 (USD Million)
Table 76 North America: AI in Computer Vision Market, by Country, 2023-2028 (USD Million)
11.2.1 North America: Impact of Recession
11.2.2 US
11.2.2.1 Rising Deployment of Automation Technologies in Manufacturing Plants to Boost Requirement for AI-Powered Computer Vision Solutions
11.2.3 Canada
11.2.3.1 Constant Research on AI, Ml, and Nlp by Canadian Universities to Fuel Market Growth
11.2.4 Mexico
11.2.4.1 Need for AI-Powered Computer Vision Solutions in Security and Surveillance Applications to Support Market Growth
11.3 Europe
Figure 46 Snapshot of AI in Computer Vision Market in Europe
Table 77 Europe: AI in Computer Vision Market, by Component, 2019-2022 (USD Million)
Table 78 Europe: AI in Computer Vision Market, by Component, 2023-2028 (USD Million)
Table 79 Europe: AI in Computer Vision Market, by Country, 2019-2022 (USD Million)
Table 80 Europe: AI in Computer Vision Market, by Country, 2023-2028 (USD Million)
11.3.1 Europe: Impact of Recession
11.3.2 UK
11.3.2.1 Rising Investments by UK Government in AI and Computer Vision Technologies to Contribute to Market Growth
11.3.3 Germany
11.3.3.1 Growing Adoption of Computer Vision Systems in Healthcare, Retail, and Transportation Industries to Drive Market Growth
11.3.4 France
11.3.4.1 Investments in Startups for Development of AI Ecosystem to Drive Market
11.3.5 Italy
11.3.5.1 Widespread Use of Computer Vision Systems in Industrial Sector to Boost Market
11.3.6 Spain
11.3.6.1 Presence of Strong Research Community and Expanding Startup Ecosystem to Propel Market Growth
11.3.7 Rest of Europe
11.4 Asia-Pacific
Figure 47 Snapshot of AI in Computer Vision Market in Asia-Pacific
Table 81 Asia-Pacific: AI in Computer Vision Market, by Component, 2019-2022 (USD Million)
Table 82 Asia-Pacific: AI in Computer Vision Market, by Component, 2023-2028 (USD Million)
Table 83 Asia-Pacific: AI in Computer Vision Market, by Country, 2019-2022 (USD Million)
Table 84 Asia-Pacific: AI in Computer Vision Market, by Country, 2023-2028 (USD Million)
11.4.1 Asia-Pacific: Impact of Recession
11.4.2 China
11.4.2.1 Heavy Investments in Computer Vision Technologies for Security and Surveillance Purposes to Drive Market
11.4.3 Japan
11.4.3.1 Growing Demand for Autonomous Vehicles to Boost Demand for AI in Computer Vision Technologies Across Japan
11.4.4 India
11.4.4.1 Growing Initiatives to Implement Industry 4.0 to Drive Market
11.4.5 South Korea
11.4.5.1 Increasing Government Spending to Boost AI Infrastructure
11.4.6 Rest of Asia-Pacific
11.5 Row
Table 85 RoW: AI in Computer Vision Market, by Component, 2019-2022 (USD Million)
Table 86 RoW: AI in Computer Vision Market, by Component, 2023-2028 (USD Million)
Table 87 RoW: AI in Computer Vision Market, by Region, 2019-2022 (USD Million)
Table 88 RoW: AI in Computer Vision Market, by Region, 2023-2028 (USD Million)
11.5.1 RoW: Impact of Recession
11.5.2 Middle East & Africa
11.5.2.1 Investments to Promote Automation in Electronics and Medical Applications to Benefit Market
11.5.3 South America
11.5.3.1 Growing Application of AI Technologies to Overcome Physical Limitations of Capital and Labor to Fuel Market
12 Competitive Landscape
12.1 Overview
12.2 Strategies Adopted by Key Players/Right to Win
Table 89 Overview of Strategies Deployed by AI in Computer Vision Oems
12.3 Company Revenue Analysis, 2022
12.3.1 3-Year AI in Computer Vision Revenue Analysis of Top Five Players, 2020-2022
Figure 48 3-Year AI in Computer Vision Revenue Analysis of Top Five Players, 2020-2022
12.4 Market Share Analysis, 2022
Figure 49 Share of Major Players in AI in Computer Vision Market, 2022
12.4.1 AI in Computer Vision Market: Degree of Competition
Table 90 AI in Computer Vision Market: Degree of Competition
12.5 Company Evaluation Quadrant
12.5.1 Stars
12.5.2 Pervasive Players
12.5.3 Emerging Leaders
12.5.4 Participants
Figure 50 AI in Computer Vision Market: Company Evaluation Quadrant, 2022
12.6 Startup/Sme Evaluation Quadrant
12.6.1 Progressive Companies
12.6.2 Responsive Companies
12.6.3 Dynamic Companies
12.6.4 Starting Blocks
Figure 51 AI in Computer Vision Market: Startup/Sme Evaluation Quadrant, 2022
12.7 AI in Computer Vision Market: Company Footprint
Table 91 Footprint of Companies
Table 92 End-Use Industry Footprint of Companies
Table 93 Product Footprint of Companies
Table 94 Regional Footprint of Companies
12.8 Startup Evaluation Matrix
12.8.1 List of Startups: AI in Computer Vision Market
Table 95 List of Startups: AI in Computer Vision Market
12.8.2 Startup Matrix: Detailed List of Key Startups
Table 96 Startup Matrix: Detailed List of Key Startups
Table 97 AI in Computer Vision Market: Competitive Benchmarking of Key Startups, by Component
Table 98 AI in Computer Vision Market: Competitive Benchmarking of Key Startups, by Region
12.9 Competitive Scenario and Trends
12.9.1 Deals
Table 99 AI in Computer Vision Market: Deals, 2020-2023
Table 100 AI in Computer Vision Market: Product Launches, 2020-2022
13 Company Profiles
(Business Overview, Products/Solutions/Services Offered, Recent Developments & Analyst's View)*
13.1 Key Players
13.1.1 Nvidia Corporation
Table 101 Nvidia Corporation: Business Overview
Figure 52 Nvidia Corporation: Company Snapshot
Table 102 Nvidia Corporation: Product/Solution/Service Offerings
Table 103 Nvidia Corporation: Deals
Table 104 Nvidia Corporation: Product Launches and Developments
13.1.2 IBM Corporation
Table 105 IBM Corporation: Business Overview
Figure 53 IBM Corporation: Company Snapshot
Table 106 IBM Corporation: Product/Solution/Service Offerings
Table 107 IBM Corporation: Deals
Table 108 IBM Corporation: Product Launches and Developments
13.1.3 Microsoft Corporation
Table 109 Microsoft Corporation: Business Overview
Figure 54 Microsoft Corporation: Company Snapshot
Table 110 Microsoft Corporation: Product/Solution/Service Offerings
Table 111 Microsoft Corporation: Deals
Table 112 Microsoft Corporation: Product Launches and Developments
13.1.4 Qualcomm Technologies, Inc.
Table 113 Qualcomm Technologies, Inc.: Business Overview
Figure 55 Qualcomm Technologies, Inc.: Company Snapshot
Table 114 Qualcomm Technologies, Inc.: Product/Solution/Service Offerings
Table 115 Qualcomm Technologies, Inc.: Deals
Table 116 Qualcomm: Product Launches
13.1.5 Intel Corporation
Table 117 Intel Corporation: Business Overview
Figure 56 Intel Corporation: Company Snapshot
Table 118 Intel Corporation: Product/Solution/Service Offerings
Table 119 Intel Corporation: Product Launches and Developments
Table 120 Intel Corporation: Deals
13.1.6 Advanced Micro Devices, Inc.(Amd)
Table 121 Advanced Micro Devices, Inc (Amd): Business Overview
Figure 57 Advanced Micro Devices, Inc (Amd): Company Snapshot
Table 122 Advanced Micro Devices, Inc (Amd): Product/Solution/Service Offerings
Table 123 Advanced Micro Devices, Inc (Amd): Deals
Table 124 Advanced Micro Devices, Inc (Amd): Product Launches and Developments
13.1.7 Alphabet, Inc.
Table 125 Alphabet, Inc.: Business Overview
Figure 58 Alphabet, Inc.: Company Snapshot
Table 126 Alphabet, Inc.: Product/Solution/Service Offerings
Table 127 Alphabet, Inc.: Deals
Table 128 Alphabet, Inc.: Product Launches and Developments
13.1.8 Basler Ag
Table 129 Basler Ag: Business Overview
Figure 59 Basler Ag: Company Snapshot
Table 130 Basler Ag: Product/Solution/Service Offerings
Table 131 Basler Ag: Product Launches and Developments
13.1.9 Amazon.Com, Inc.
Table 132 Amazon.Com, Inc.: Business Overview
Figure 60 Amazon.Com, Inc: Company Snapshot
Table 133 Amazon.Com, Inc: Product/Solution/Service Offerings
Table 134 Amazon.Com, Inc: Product Launches
Table 135 Amazon.Com, Inc: Deals
13.1.10 Groq, Inc.
Table 136 Groq, Inc.: Business Overview
Table 137 Groq, Inc.: Product/Solution/Service Offerings
Table 138 Groq, Inc.: Deals
13.1.11 Hailo
Table 139 Hailo.: Business Overview
Table 140 Hailo: Product/Solution/Service Offerings
Table 141 Hailo: Deals
Table 142 Hailo: Product Launches
*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments & Analyst's View Might Not be Captured in Case of Unlisted Companies.
13.2 Other Key Players
13.2.1 Sighthound, Inc.
13.2.2 Neurala, Inc
13.2.3 Datagen
13.2.4 Graphcore
13.2.5 Groopic
13.2.6 Ultraleap
13.2.7 Algolux
13.2.8 Athena Security
13.2.9 Snorkel AI
13.2.10 Vizseek
13.2.11 Robotic Vision Technologies
13.2.12 Creative Virtual
13.2.13 Amp Robotics
13.2.14 Curemetrix
13.2.15 Verta Inc.
14 Appendix
14.1 Discussion Guide
14.2 Knowledgestore: The Subscription Portal
14.3 Customization Options
Companies Mentioned
- Advanced Micro Devices, Inc.(Amd)
- Algolux
- Alphabet, Inc.
- Amazon.Com, Inc.
- Amp Robotics
- Athena Security
- Basler Ag
- Creative Virtual
- Curemetrix
- Datagen
- Graphcore
- Groopic
- Groq, Inc.
- Hailo
- IBM Corporation
- Intel Corporation
- Microsoft Corporation
- Neurala, Inc
- Nvidia Corporation
- Qualcomm Technologies, Inc.
- Robotic Vision Technologies
- Sighthound, Inc.
- Snorkel Ai
- Ultraleap
- Verta Inc.
- Vizseek
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 256 |
| Published | February 2023 |
| Forecast Period | 2023 - 2028 |
| Estimated Market Value ( USD15.9 | USD15.9 17.2 Billion |
| Forecasted Market Value ( USD15.9 | USD15.9 45.7 Billion |
| Compound Annual Growth Rate | 21.5% |
| Regions Covered | Global |
| No. of Companies Mentioned | 26 |
