Computer vision Market was valued at USD 12.78 billion in 2021 and is expected to reach USD 24.19 billion by 2029, registering a CAGR of 8.30% during the forecast period of 2022-2029.
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Global Computer vision Market was valued at USD 12.78 billion in 2021 and is expected to reach USD 24.19 billion by 2029, registering a CAGR of 8.30% during the forecast period of 2022-2029. The "smart camera-based computer vision systems" accounts for the largest product segment in the computer vision market within the forecasted period.
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Market Overview:
Computer vision systems can see and interpret the world around them in the same way that people can; they are computers that can understand digital images and movies. This is made possible by advancements in visual system technology, artificial intelligence, and processing capacity. Data or image acquisition, data or image processing, and data or image categorization are the core principles used in these systems.
Some of the major players operating in the computer vision market are
Cognex Corporation (U.S.)
Basler AG (Germany)
Omron Corporation (Japan)
KEYENCE CORPORATION (Japan)
National Instruments Corp (U.S.)
Sony Corporation (Japan)
Teledyne (U.S.)
Allied Vision Technologies GmbH (Germany)
Texas Instruments Incorporated (U.S.)
Intel Corporation (U.S.)
Baumer (Germany)
JAI (Denmark)
MediaTek, Inc. (Taiwan)
Cadence Design Systems, Inc. (U.S.)
CEVA, Inc. (U.S.)
Synopsys, Inc. (U.S.)
The computer vision market is segmented on the basis of components, product, offering, application and vertical. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Components
Hardware
Software
Service
On the basis of components, the computer vision market is segmented into hardware, software and service.
Product
Smart Camera-based Computer Vision Systems
PC-based Computer Vision Systems
On the basis of product, the computer vision market is segmented into smart camera-based computer vision systems and PC-based computer vision systems. The smart camera-based computer vision systems are projected to have largest market share as they are cost-effective, compact, and versatile that makes it easier to adopt modifications based on changed rules and standards in these systems.
Offering
Deep Learning
Traditional Computer Vision
On the basis of offering, the computer vision market is segmented into deep learning and traditional computer vision.
Application
Quality Assurance and Inspection
Positioning and Guidance
Identification
Predictive Maintenance
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TABLE OF CONTENTS
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Research Methodology
Part 04: Market Landscape
Part 05: Pipeline Analysis
Part 06: Market Sizing
Part 07: Five Forces Analysis
Part 08: Market Segmentation
Part 09: Customer Landscape
Part 10: Regional Landscape
Part 11: Decision Framework
Part 12: Drivers and Challenges
Part 13: Market Trends
Part 14: Vendor Landscape
Part 15: Vendor Analysis
Part 16: Appendix
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