Computer Vision Technologies to grow at a CAGR of 7.70% due to growing demand for vision guided robotic system

Computer Vision Technologies Market is forecasted to grow at 7.70% for 2018 to 2025 to an estimated value of USD 19.37 Billion with factors such as dearth of flexible computer vision solutions and lack of awareness about the changing computer vision technology hampering the market growth.

Computer vision technologies market has shown a significant adoption rate and preferences from the North America region. This is due to the increasing demand of computer vision technologies from the gaming industry.

Computer Vision Technology Market Scenario

According to Data Bridge Market Research the computer vision technology market in developing regions is witnessing a growth in terms of its adoption rate, due to growing demand for vision guided robotic system and rising adoption of 3D computer vision system. Growing demand for quality inspection and automation will also affect the growth of the computer vision technology market in the forecast period of 2019 to 2026.

Now the question is which are the regions that computer vision technology market players should target? Data Bridge Market Research has forecasted market leaders to target North America developing regions to help them in attaining better volume of revenue generation.

Computer vision technology market is becoming more competitive every year with hardware currently being the largest market component for the forecasted period of 2018 to 2025. Data Bridge Market Research’s new report highlights the major growth factors and opportunities in the computer vision technology market.

For more analysis on the computer vision technology market, request for a briefing with our analysts

Computer Vision Technology Market Developments

Zebra Technologies announced the acquisition of Cortexica Vision Systems Ltd in November 2019. This acquisition will help the company so they can advance their Enterprise Asset Intelligence vision by offering the customer with computer vision-based sensing which will help them to work more efficiently. This will also strengthen the position of the market in the computer vision.

Microsoft announced the launch of their new Windows Vision Skills in May 2019 which is specially designed for the developers so they can introduce and incorporate applications for machine learning and computer vision. This new launch has the ability to work as a Windows Runtime Components so they can perform video and photo assessment task.

Scope of the Computer Vision Technology Market

Computer vision technology market is segmented on the basis of countries into U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, Saudi Arabia, UAE, South Africa, Egypt, Israel, Rest of Middle East and Africa.

All country based analysis of the computer vision technology market is further analyzed based on maximum granularity into further segmentation. Based on component, the global computer vision technologies market is segmented into hardware and software. Hardware is further sub-segmented into camera, frame grabber, optics and processor. Software is further sub-segmented into deep learning and traditional software. On the basis of product, the global computer vision technologies market segmented into pc based and smart camera based. On the basis of application, the global computer vision technologies market segmented into mobile robots, mobile smart devices medical vision and others.

Computer vision is associated with artificial device construction theory and engineering which obtains information from objects or multi-dimensional data. It is inextricably linked to artificial intelligence, as the computer must perceive what it understands, and then conduct or respond accordingly. There main function is to provide good results as per their observation and analysis. These computer vision technologies are widely used in industries such as metals, glass, automotive, electronics, wood & paper, and other.

To know more about the study

Key Pointers Covered in the Computer Vision Technologies Market Industry Trends and Forecast to 2025

  • Computer Vision Technologies Market Size
  • Computer Vision Technologies Market New Sales Volumes
  • Computer Vision Technologies Market Replacement Sales Volumes
  • Computer Vision Technologies Installed Base
  • Computer Vision Technologies Market By Brands
  • Computer Vision Technologies Market Procedure Volumes
  • Computer Vision Technologies Market Product Price Analysis
  • Computer Vision Technologies Market Shares in Different Regions
  • Computer Vision Technologies Recent Developments for Market Competitors
  • Computer Vision Technologies Market Upcoming Applications
  • Computer Vision Technologies Market Innovators Study

Key Market Competitors Covered in the report

  • Cognex Corporation
  • Basler AG
  • National Instruments
  • Sony Corporation
  • Teledyne Technologies Incorporated.
  • Texas Instruments Incorporated
  • Intel Corporation
  • Baumer
  • Tordivel AS
  • MVTec Software GmbH
  • Cadence Design Systems, Inc.

Above are the key players covered in the report to know about more and exhaustive list of computer vision technologies companies, contact us

Research Methodology: Global Computer Vision Technologies Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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