Market Overview:
The global AI in computer vision market is expected to grow at a CAGR of over 28% during the forecast period from 2018 to 2030. The increasing demand for AI-enabled computer vision applications across different industries is one of the key factors driving the growth of this market. The growing demand for advanced security and surveillance systems, increasing adoption of autonomous vehicles, and rising demand for precision agriculture are some other major factors fueling the growth of this market. On the basis of type, the global AI in computer vision market can be segmented into hardware and software. The hardware segment is expected to account for a larger share than the software segment in terms of revenue during 2018-2030. On the basis on application, healthcare accounted for majority share in 2017 and it is projected to maintain its dominance throughout 2030 owing to rapid advancements taking place across medical imaging domain coupled with rising number cancer patients globally which are further fuelling adoption rates Computer Vision (CV) based diagnosis solutions & services .
Product Definition:
Artificial intelligence (AI) is a field of computer science and engineering focused on the creation of intelligent agents, which are systems that can reason, learn, and act autonomously. AI has been applied to a variety of tasks in computer vision, including object recognition, localization, facial recognition, and tracking.
Hardware:
Hardware is the physical devices or system which helps in performing a task easier. In computer vision, hardware includes cameras, processors, storage devices and other such electronic components. The major application of this technology is in surveillance & security sector where it's used for video surveillance and detection of objects recognition among others.
The usage of hardware has been increasing rapidly over the past few years owing to its applications in Computer Vision (CV) domain.
Software:
Software is the invisible part of AI in computer vision market which helps to get things done. It's a collection of tools and technologies used for data processing, creation, management and analysis. Software helps in getting the job done faster by automating tasks which are repeated regularly. In other words, it is an umbrella term for all those helpful utilities that make life easier when working with images or videos on any platform such as Windows OS or Linux etc.
Application Insights:
The application segment has been further categorized into healthcare, automotive, agriculture and others. Healthcare was the largest segment in 2017 and is expected to maintain its lead over the forecast period. The growing adoption of computer vision algorithms for scanning medical images and x-rays for diagnosis is one of the key factors driving this growth. Furthermore, increasing investments by governments in developing AI capabilities for healthcare applications are likely to propel market growth over the coming years.
The automotive sector is estimated to emerge as one of the fastest-growing segments during the forecast period owing to increasing demand from companies such as Google LLC., Facebook Inc., Microsoft Corporation., Amazon.com Inc., etc. For instance, Facebook Messenger Robot developed by Facebook Inc.; HTC Vive Pre VR System developed by HTC Corporation; Google Tango 3D Camera developed by Google LLC.; Apple iPhone X Displayed at Apple Park Campus Developed By apple inc.; Various other products introduced By these Companies are some examples that indicate potential growth areas in near future).
Regional Analysis:
The North American regional market is anticipated to dominate the global AI in computer vision market with a revenue share of over 35% in 2017. The region is expected to maintain its lead throughout the forecast period owing to increasing investments by key players for research and development activities. In addition, growing adoption of computer vision technology across various industrial applications such as automotive, manufacturing, healthcare & medical, and others are contributing towards growth of the regional market.
However, Asia Pacific region is projected to grow at a significant rate during the forecast period due to increasing government initiatives for developing smart cities and other IoT-based projects along with rising demand from several industries such as retail & e-commerce, transportation & logistics sector for advanced image recognition technologies. These factors are also expected drive demand across different application areas within Asia Pacific region thereby driving overall growth of this industry globally over next eight years (until 2030).
Growth Factors:
- Increasing demand for AI-enabled visual recognition applications in various industries
- Proliferation of low-cost and powerful GPUs and CPUs for accelerating deep learning algorithms
- Emergence of new deep learning architectures, such as Google’s Inception v3 and Microsoft’s ResNet, that are able to learn more complex features from data
- Growing number of AI startups focused on developing computer vision solutions
- Advances in natural language processing (NLP) that can help machines better understand images
Scope Of The Report
Report Attributes
Report Details
Report Title
AI In Computer Vision Market Research Report
By Type
Hardware, Software
By Application
Healthcare, Automotive, Agriculture, Others
By Companies
Qualcomm Technologies, Inc., Google LLC, Allied Vision Technologies GmbH, Basler AG, NVIDIA Corporation, Facebook, Microsoft Corporation, Intel Corporation, Apple Inc., COGNEX Corporation
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
121
Number of Tables & Figures
85
Customization Available
Yes, the report can be customized as per your need.
Global AI In Computer Vision Market Report Segments:
The global AI In Computer Vision market is segmented on the basis of:
Types
Hardware, Software
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Healthcare, Automotive, Agriculture, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Qualcomm Technologies, Inc.
- Google LLC
- Allied Vision Technologies GmbH
- Basler AG
- NVIDIA Corporation
- Facebook
- Microsoft Corporation
- Intel Corporation
- Apple Inc.
- COGNEX Corporation
Highlights of The AI In Computer Vision Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Hardware
- Software
- By Application:
- Healthcare
- Automotive
- Agriculture
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the AI In Computer Vision Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Artificial intelligence (AI) is a field of computer science that deals with the creation of intelligent agents, which are systems that can reason, learn and act autonomously. In the context of computer vision, AI can be used to create software programs that can automatically identify objects and scenes in digital photographs or videos.
Some of the major players in the ai in computer vision market are Qualcomm Technologies, Inc., Google LLC, Allied Vision Technologies GmbH, Basler AG, NVIDIA Corporation, Facebook, Microsoft Corporation, Intel Corporation, Apple Inc., COGNEX Corporation.
The ai in computer vision market is expected to grow at a compound annual growth rate of 28%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 AI In Computer Vision Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 AI In Computer Vision Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 AI In Computer Vision Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the AI In Computer Vision Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global AI In Computer Vision Market Size & Forecast, 2018-2028
4.5.1 AI In Computer Vision Market Size and Y-o-Y Growth
4.5.2 AI In Computer Vision Market Absolute $ Opportunity
Chapter 5 Global AI In Computer Vision Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 AI In Computer Vision Market Size Forecast by Type
5.2.1 Hardware
5.2.2 Software
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global AI In Computer Vision Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 AI In Computer Vision Market Size Forecast by Applications
6.2.1 Healthcare
6.2.2 Automotive
6.2.3 Agriculture
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global AI In Computer Vision Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 AI In Computer Vision Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America AI In Computer Vision Analysis and Forecast
9.1 Introduction
9.2 North America AI In Computer Vision Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America AI In Computer Vision Market Size Forecast by Type
9.6.1 Hardware
9.6.2 Software
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America AI In Computer Vision Market Size Forecast by Applications
9.10.1 Healthcare
9.10.2 Automotive
9.10.3 Agriculture
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe AI In Computer Vision Analysis and Forecast
10.1 Introduction
10.2 Europe AI In Computer Vision Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe AI In Computer Vision Market Size Forecast by Type
10.6.1 Hardware
10.6.2 Software
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe AI In Computer Vision Market Size Forecast by Applications
10.10.1 Healthcare
10.10.2 Automotive
10.10.3 Agriculture
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific AI In Computer Vision Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific AI In Computer Vision Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific AI In Computer Vision Market Size Forecast by Type
11.6.1 Hardware
11.6.2 Software
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific AI In Computer Vision Market Size Forecast by Applications
11.10.1 Healthcare
11.10.2 Automotive
11.10.3 Agriculture
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America AI In Computer Vision Analysis and Forecast
12.1 Introduction
12.2 Latin America AI In Computer Vision Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America AI In Computer Vision Market Size Forecast by Type
12.6.1 Hardware
12.6.2 Software
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America AI In Computer Vision Market Size Forecast by Applications
12.10.1 Healthcare
12.10.2 Automotive
12.10.3 Agriculture
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) AI In Computer Vision Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) AI In Computer Vision Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) AI In Computer Vision Market Size Forecast by Type
13.6.1 Hardware
13.6.2 Software
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) AI In Computer Vision Market Size Forecast by Applications
13.10.1 Healthcare
13.10.2 Automotive
13.10.3 Agriculture
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 AI In Computer Vision Market: Competitive Dashboard
14.2 Global AI In Computer Vision Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Qualcomm Technologies, Inc.
14.3.2 Google LLC
14.3.3 Allied Vision Technologies GmbH
14.3.4 Basler AG
14.3.5 NVIDIA Corporation
14.3.6 Facebook
14.3.7 Microsoft Corporation
14.3.8 Intel Corporation
14.3.9 Apple Inc.
14.3.10 COGNEX Corporation
