According to TechSci Research report, Computer Vision Market - India Industry Size, Share, Trends, Opportunity, and Forecast. 2019–2029, the India computer vision market is expected to register a robust growth during the forecast period, 2025-2029.
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The Indian computer vision market is poised for substantial growth in the coming years, driven by advancements in image sensors and image processing technologies. Image sensors, which convert light into electrical signals, and image processing, which manipulates these signals to extract valuable information, are pivotal in enabling computers to perceive and interpret the visual world. This capability facilitates tasks such as face recognition, object detection, medical diagnosis, and autonomous driving. Across industries like healthcare, automotive, security, and retail, there is increasing demand for computer vision applications due to their ability to enhance accuracy, efficiency, and safety.
Browse over 30 market data Figures spread through 70 Pages and an in-depth TOC on "India Computer Vision Market.”
Artificial intelligence (AI) and machine learning (ML) are revolutionizing computer vision by enabling machines to learn from data and perform complex tasks previously deemed impractical. AI and ML empower systems to automatically identify objects, extract text from diverse sources, and generate natural language descriptions of scenes. These capabilities streamline processes like robotic process automation and digital asset management, creating new value for businesses and customers alike.
In India, several government initiatives are catalyzing the growth of the computer vision market. The National Program on Artificial Intelligence, launched in 2018, underscores the government's commitment to advancing AI and related technologies, including computer vision, through focused research and development efforts. This initiative aims to integrate AI technologies across sectors such as healthcare, agriculture, education, and transportation. Additionally, the Smart Cities Mission seeks to transform 100 cities in India by leveraging cutting-edge technologies like IoT, AI, and computer vision for applications in smart transportation, public safety, and environmental monitoring.
Furthermore, the Indian government has introduced schemes and programs to foster innovation and support startups in the technology sector, including those focused on AI and computer vision. For instance, the Startup India initiative provides funding, mentorship, and infrastructure support to startups, stimulating innovation and accelerating the adoption of computer vision technologies across diverse industry domains.
These proactive government measures are creating an enabling environment for the growth of the Indian computer vision market, driving innovation, attracting investments, and promoting widespread adoption of advanced computer vision solutions across industries.
The computer vision market in India is growing rapidly, driven by factors such as increasing adoption of advanced technologies, rising demand for automation and digitization, and favorable government initiatives, increasing adoption of AI and machine learning technologies, rising demand for computer vision solutions in various industries such as healthcare, automotive, and retail, and favorable government initiatives as key drivers of market growth.
The industrial sector is expected to be a major driver of growth in the computer vision market in India, as computer vision technologies are increasingly being used in medical imaging, disease diagnosis, and drug discovery. The automotive sector is also expected to be a significant contributor to market growth, as computer vision is being used in advanced driver assistance systems (ADAS) and autonomous vehicles.
In addition to these sectors, computer vision technologies are being adopted in other industries such as retail, manufacturing, and agriculture, driving the growth of the market in India. As the adoption of computer vision technologies continues to grow in India, further innovation, investment, and adoption of these technologies across various industries are driving the growth of the India computer vision market.
Based on component, the market is segmented into hardware and software. Based on product type, the market is segmented into smart camera-based and PC-based. Based on application, the market is further bifurcated into quality assurance & inspection, positioning & guidance, measurement, identification, 3D visualization & interactive 3D modelling, and predictive maintenance. Based on vertical, the market is further split into industrial and non-industrial.
Browse over 30 market data Figures spread through 70 Pages and an in-depth TOC on "India Computer Vision Market.”@https://www.techsciresearch.com/report/india-computer-vision-market/15607.html
Key market players in the India Computer Vision Market:
- SensoVision Pvt Ltd
- Netradyne Technology India Pvt ltd
- Uncanny Vision Solutions Pvt Ltd
- SigTuple Technologies Pvt. Ltd.
- CamCom Technologies Private Limited
- Tonbo Imaging India Pvt Ltd
- ClearQuote Technologies India Pvt
- Cron AI
- DEEVIA Software India Pvt Ltd
- NeuroPixel.AI
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“The adoption of artificial intelligence (AI) and machine learning (ML) in computer vision solutions is increasing. AI and ML enhance the accuracy, speed, and efficiency of visual analysis and decision-making. The demand for computer vision systems in various industries, such as automotive, healthcare, retail, and defense is rising. These industries require advanced capabilities for image recognition, quality inspection, surveillance, diagnosis, and navigation. Supportive government policies and initiatives promote the adoption of computer vision solutions for public safety, national security, smart cities, and education,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.
“India Computer vision Market By Component (Hardware, Software), By Product Type (Smart Camera-Based, PC-Based), By Application (Quality Assurance & Inspection, Positioning & Guidance, Measurement, Identification, 3D Visualization & Interactive 3D Modelling, Predictive Maintenance), By Vertical (Industrial, Non-Industrial), By Region, Competition, Forecast and Opportunities, 2029” has evaluated the future growth potential of the India computer vision market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the India computer vision market.
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