Global Computer Vision Market, By Component (Hardware, Cameras, Frame Rate and Others), Product (PC Based and Smart Camera Based), Software (Traditional and Deep Learning), Application (Quality Control and Inspection, Positioning and Guidance and others), By Vertical (Industrial and Non-Industrial), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, 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, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2027
Computer vision market is expected to grow at a CAGR of 8.38% in the forecast period of 2020 to 2027. Data Bridge Market Research report on computer vision market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
Computer vision is a branch of software engineering that manages to identify and prepare images to provide person-like performance. It ultimately gives a machine the power of human vision. It makes use of artificial intelligence to differentiate and translate what the image really is about.
The factors driving the growth of the computer vision market are the demand for image and video processing applications from various industry segments, the introduction of artificial intelligence into the business segments and increasing technological developments in the field of advanced safety systems. The factors that hinder the computer vision market are high investment costs and a lack of professional labor force.
This computer vision market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Data Bridge Market Research computer vision market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Computer Vision Market Scope and Market Size
Computer vision market is segmented on the basis of component, software, product, application, vertical. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- Based on component, the computer vision market is segmented into hardware, cameras, frame rate, format, standard, sensor, frame grabbers, optics, LED lighting, processors, FPGAS, DSPS, microcontrollers and microprocessors, visual processing units and others.
- Based on software, the computer vision market is segmented into traditional software and deep learning software.
- Based on product, the computer vision market is segmented into PC based and smart camera based.
- Based on vertical, the computer vision market is segmented into industrial and non-industrial. Industrial segment is further sub segmented into automotive, electronics & semiconductor, consumer electronics, glass, metals, wood & paper, pharmaceuticals, food & packaging, rubber & plastics, printing, machinery, solar panel manufacturing and textiles. The non-industrial segment is further sub segmented into healthcare, postal & logistics, intelligent transportation systems security & surveillance, agriculture, consumer electronics, autonomous and semiautonomous vehicles, sports and entertainment and retail.
Computer Vision Market Country Level Analysis
Computer vision market is analysed and market size, volume information is provided by country, component, software, product, application, vertical as referenced above.
The countries covered in the market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Computer Vision Market Share Analysis
Computer vision market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to computer vision market.
The major players covered in the computer vision market report are Google LLC, Facebook Inc., Microsoft, Nvidia Corporation, Mercedes-Benz, IBM, Autoliv Inc., PlayfulVision, Wikitude GmbH, Cognex Corporation, National Instruments Corporation, General Electric, VideoIQ, KLA-Tencor Corporation, Cognex , Basler, OMRON, KEYENCE Corporation, Sony, Teledyne Technologies, Texas Instruments, Intel among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Computer Vision Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.