AI in Computer Vision Market - Trends Forecast Till 2028

AI in Computer Vision Market by Component, Machine Learning Models, Function, Application (Industrial, Non-Industrial), End-Use Industry (Security & Surveillance, Consumer Electronics) and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)

Published Date: June, 2021

Base Year Estimate: 2020

Report ID: D-SE-AICVM-214

Format:  

Number of Pages: 372

Domain: Semiconductors & Electronics

AI in Computer Vision Market – Trends Forecast Till 2028

The AI in computer vision market is estimated to be valued at USD 15.9 billion in 2021 and reach USD 51.3 billion by 2026, at a CAGR of 26.3%.

The growing need for quality inspection and automation, increasing demand for computer vision systems in non-traditional and emerging applications, and rising need for ASICs are some of the factors that have supported long-term expansion for AI in Computer Vision Market.

AI in Computer Vision Market Report

AI in Computer Vision Market is segmented into offering, machine learning model, function, application, end use and geography.

Offering segment is segmented into hardware and software.

Machine learning model segment is segmented into supervised learning, unsupervised learning and reinforcement learning.

Function segment is segmented into training and inference.

Application segment is segmented into non-industrial and industrial.

End use segment is segmented into automotive, consumer electronics, healthcare, security & surveillance, manufacturing, agriculture and transportation & logistics.

Geographically, AI in Computer Vision Market is sub segmented into North America, Europe, Asia-Pacific, Middle East and Africa and South America and insights are provided for each region and major countries within the regions

Key players in AI in Computer Vision Market are NVIDIA (US), Intel Corp. (US), Microsoft Corp. (US), IBM Corp. (US), Qualcomm (US), AWS (US), Xilinx (US), Google (US), Facebook (US), Basler (Germany), Hailo (US), and GROQ (US). The other company profiles included in the scope are CEVA, Inc. (US), AMD (US), Graphcore (England), Groopic (US), Leap Motion (US), Algolux (US), Athena Security (US), LionBridge AI (US), Vizseek (US), Oculus (US), Curemetrix (US), Trivision (Denmark), Robotic Vision Technologies (US), AMP Robotics (US), Zivid (Norway), Inspekto (UK), and Creative Virtual (UK)

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In addition to the market data for AI in Computer Vision Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement.

Research Methodology

Secondary Research

This research method involved the usage of extensive secondary sources (such as directories and databases)—Hoovers, Avention, annual reports, investor presentation, conference like Jefferies conference)—to identify and collect information useful for this study of the AI in Computer Vision market. The purpose of secondary research was to identify and collection of extensive, technical, market-oriented, and commercial study the global AI in Computer Vision market. Through secondary the market is classified and segmented as per of industry trend, development, regional market. Product and technology development.

Primary Research

The primary sources mainly included several industry experts from the core and related industries and suppliers, manufacturers, distributors, alliances, and organizations related to all segments of this industry’s supply chain. In-depth interviews were conducted with various primary respondents—including key industry participants, subject matter experts (SMEs), C-level executives of key market players, and industry consultants, among other experts—to obtain and verify critical qualitative and quantitative information as well as to assess future prospects.

The primary Respondent breakdown is given below:

AI in Computer Vision Market Primary Respondents

 

Market Sizing

Top-down and bottom approaches were used to derive the market estimate and validating the total revenue of the AI in Computer Vision market. This approach has also been used to derive the market for segmentation and sub-segmentation.

Data Validation

Impact analysis has been conducted for deriving the market size. After collecting the in-depth quantitative and qualitative data we contact primary respondent in order to gain 98.8% of confidence level on our data.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Reasons to Acquire

  • Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
  • Gain authentic and granular data access for AI in Computer Vision market so as to understand the trends and the factors involved behind changing market situations
  • Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
  • In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope

 

Report Feature

Descriptions

Market Revenue In 2021

USD 15.9 billion

Growth Rate

CAGR of 26.3% during the forecasting period, 2021-2028

Historical Data

2018-2019

Forecast Years

2021-2028

Base Year

2020

Units Considered

Revenue in USD billion and CAGR from 2021 to 2028

Report Segmentation

offering, machine learning model, function, application, end use and geography

Report Attribute

Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling

Regional Level Scope

North America, Europe, Asia-Pacific, South America, and Middle East and Africa

Country Level Scope

U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe)

Companies Profiled

NVIDIA (US), Intel Corp. (US), Microsoft Corp. (US), IBM Corp. (US), Qualcomm (US), AWS (US), Xilinx (US), Google (US), Facebook (US), Basler (Germany), Hailo (US), and GROQ (US). The other company profiles included in the scope are CEVA, Inc. (US), AMD (US), Graphcore (England), Groopic (US), Leap Motion (US), Algolux (US), Athena Security (US), LionBridge AI (US), Vizseek (US), Oculus (US), Curemetrix (US), Trivision (Denmark), Robotic Vision Technologies (US), AMP Robotics (US), Zivid (Norway), Inspekto (UK), and Creative Virtual (UK)

Available Customization

In addition to the market data for AI in Computer Vision Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement.

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