Computer Vision Market by Deployment (On-premise, Cloud-based), by Application (Facial Recognition, Image Classification, Object Detection, Object Tracking, Others), by Industry (Automotive, Manufacturing, Healthcare, Retail, Agriculture, Logistics, Others), by By Deployment (On-premise, Cloud-based), by South America (Brazil, Argentina, Rest of South America), by Europe (Germany, France, Italy, Spain, Russia, Benelux, Nordics, Rest of Europe), by Middle East & Africa (Turkey, Israel, GCC, South Africa, North Africa, Rest of the Middle East & Africa), by Asia Pacific (China, India, Japan, South Korea, ASEAN, Oceania, Rest of Asia Pacific) Forecast 2024-2032
The Computer Vision Marketsize was valued at USD 20.31 USD Billion in 2023 and is projected to reach USD 110.03 USD Billion by 2032, exhibiting a CAGR of 27.3 % during the forecast period.Computer vision is the field of artificial intelligence (AI) or computer science that concerns making computers see and understand pictures from the surrounding environment as people do with visual data. This entails creating algorithms, models, and systems that are capable of examining, processing, and converting visual information from various data sources such as images, videos and others into meaningful data. Main characteristics of computer vision comprise image recognition, which offers the computers with an ability to identify objects, patterns, and characteristics within images; object tracking, which automates real-time monitoring and tracking of objects or subjects within a scene; image segmentation, which consists of images division into meaningful segments (parts of images); 3D reconstruction, building three-dimensional models of objects or scenes from 2D images; gesture recognition, which translate. In the healthcare, computer vision is of great benefit as it helps in medical imaging analysis, diagnosis, and treatment planning. In addition, computer vision underpins immersive experiences in Augmented reality (AR) and Virtual reality (VR), provides superior user interface and insights from visual data for data-driven decisions across business sectors.
Deployment
Application
Industry
Explore the latest insights and expert analysis in the Computer Vision Market Report: Computer Vision Market Analysis
The Computer Vision Market is expected to witness significant growth in the coming years due to the increasing adoption of artificial intelligence and machine learning technologies. The market is driven by the growing demand for automation and efficiency, coupled with advancements in hardware and software technologies. The emergence of new trends and the entry of new players is expected to fuel the market growth further.
Aspects | Details |
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Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 27.3% from 2018-2032 |
Segmentation |
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Aspects | Details |
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Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 27.3% from 2018-2032 |
Segmentation |
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Note* : In applicable scenarios
Primary Research
Secondary Research
Involves using different sources of information in order to increase the validity of a study
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Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
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