Vision Processing Unit Trends and Forecast
The future of the global vision processing unit market looks promising with opportunities in the consumer electronics, security and surveillance, and automotive markets. The global vision processing unit market is expected to reach an estimated $8.1 billion by 2030 with a CAGR of 18.2% from 2024 to 2030. The major drivers for this market are growing embrace of high-end smartphones, increasing integration of edge ai technologies, and surging need for advanced computing solutions.Vision Processing Unit by Segment
The study includes a forecast for the global vision processing unit by fabrication process, application, end use, and region.Vision Processing Unit Market by Fabrication Process [Shipment Analysis by Value from 2018 to 2030]
- ≤16 Nm
- >16-28 Nm
Vision Processing Unit Market by Application [Shipment Analysis by Value from 2018 to 2030]
- Smartphones
- Drones
- Cameras
- AR/VR
- ADAS
Vision Processing Unit Market by End Use [Shipment Analysis by Value from 2018 to 2030]
- Consumer Electronics
- Security And Surveillance
- Automotive
- Others
Vision Processing Unit Market by Region [Shipment Analysis by Value from 2018 to 2030]
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Vision Processing Unit Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies vision processing unit companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the vision processing unit companies profiled in this report include-- Samsung Electronics
- Movidius
- Cadence Design Systems
- CEVA
- NXP
- HiSilicon Technologies
- Alphabet
Vision Processing Unit Market Insights
The publisher forecasts that >16-28 nm will remain the larger segment over the forecast period due to high adoption of 16 nm technology.Within this market, security and surveillance is expected to witness the highest growth due to increasing usage of sophisticated high-power computers for real-time surveillance and expanding global security issues.
APAC will remain the largest region over the forecast period due to existence of numerous start-ups specializing in ai processors.
Features of the Global Vision Processing Unit Market
- Market Size Estimates: Vision processing unit market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Vision processing unit market size by fabrication process, application, end use, and region in terms of value ($B).
- Regional Analysis: Vision processing unit market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different fabrication process, application, end use, and regions for the vision processing unit market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the vision processing unit market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the vision processing unit market size?Answer: The global vision processing unit market is expected to reach an estimated $8.1 billion by 2030.
Q2. What is the growth forecast for vision processing unit market?
Answer: The global vision processing unit market is expected to grow with a CAGR of 18.2% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the vision processing unit market?
Answer: The major drivers for this market are growing embrace of high-end smartphones, increasing integration of edge ai technologies and surging need for advanced computing solutions.
Q4. What are the major segments for vision processing unit market?
Answer: The future of the vision processing unit market looks promising with opportunities in the consumer electronics, security and surveillance, and automotive markets.
Q5. Who are the key vision processing unit market companies?
Answer: Some of the key vision processing unit companies are as follows:
- Samsung Electronics
- Movidius
- Cadence Design Systems
- CEVA
- NXP
- HiSilicon Technologies
- Alphabet
Answer: The publisher forecasts that >16-28 nm will remain the larger segment over the forecast period due to high adoption of 16 nm technology.
Q7. In vision processing unit market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to existence of numerous start-ups specializing in ai processors.
Q.8 Do we receive customization in this report?
Answer: Yes,the publisher provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the vision processing unit market by fabrication process (≤16 nm and >16-28 nm), application (smartphones, drones, cameras, AR/VR, and ADAS), end use (consumer electronics, security and surveillance, automotive, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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Table of Contents
Companies Mentioned
- Samsung Electronics
- Movidius
- Cadence Design Systems
- CEVA
- NXP
- HiSilicon Technologies
- Alphabet
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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