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AI in Computer Vision Market worth $63.48 billion in 2030 - Exclusive Report by MarketsandMarkets™


News provided by

MarketsandMarkets

20 Dec, 2024, 15:45 GMT

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DELRAY BEACH, Fla., Dec. 20, 2024 /PRNewswire/ -- The global Al in computer vision market is projected to reach USD 63.48 billion in 2030 from USD 23.42 billion in 2025; it is expected to grow at a CAGR of 22.1% from 2025 to 2030 according to a new report by MarketsandMarkets™. The AI in computer vision market is growing at an incredible pace as industries increasingly rely on advanced technologies to improve efficiency, accuracy, and decision-making. In the healthcare industry, it is revolutionizing diagnostics with enhanced image analysis. In manufacturing, it enhances quality control through automated inspections. Retailers use it to track customer behaviour and offer customers a tailored shopping experience. The automotive sector uses it for self-driving cars, safety systems. This growth is primarily triggered by the increased availability of visual data from smartphones, surveillance systems, and IoT devices together with the advancement in machine learning and deep learning.

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Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=141658064

Browse in-depth TOC on "AI in Computer Vision Market" 
175 – Tables
80 – Figures
270 – Pages

AI in Computer Vision Market Report Scope:

Report Coverage

Details

Market Revenue in 2025

$ 23.42 billion

Estimated Value by 2030

$ 63.48 billion

Growth Rate

Poised to grow at a CAGR of 22.1%

Market Size Available for

2021–2030

Forecast Period

2025–2030

Forecast Units

Value (USD Million/Billion)

Report Coverage

Revenue Forecast, Competitive Landscape, Growth Factors, and Trends

Segments Covered

By Component, Function, Application, End-use Industry

Geographies Covered

North America, Europe, Asia Pacific, and Rest of World

Key Market Challenge

High data storage and management cost

Key Market Opportunities

Rapid innovations in healthcare

Key Market Drivers

Advancements in hardware, such as GPUs, TPUs, and edge devices


The Al vision software is expected to have the largest market share in the forecast period.

The AI vision software market is set to dominate during the forecast period because of its transformative applications across industries. Advanced algorithms help key functions like security monitoring, healthcare diagnostics, and retail analytics. The helps to enhance quality control in manufacturing and supports diagnostic imaging in healthcare. In retail, this software helps to enhance customer behaviour analysis and inventory management. As a result of increasing demand for automation and the scale of AI vision software, it is an essential factor in business improvement in terms of efficiency, accuracy, and decision-making.

The measurement segment to hold second largest market share in AI in computer vision market.

Measurement has the second-largest share in the AI in computer vision market because of the accurate, efficient solutions across industries. AI vision systems are superior at applications like body measurements, spatial assessments, and material estimations. This is to ensure that companies increase productivity while minimizing errors caused by humans. These solutions for complex problems perform very well in automating workflow, cutting costs, and improving accuracy for retail, insurance, manufacturing, and home improvement sectors that value the efficiency and dependability of the process results. Versatility and transformative potential ensure AI-driven measurement applications are an absolute necessity for any industry that seeks precision and efficiency, which seals their critical position in the market.

Inquiry Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=141658064

US in the North America region to dominate the AI in computer vision market during the forecast period.

The US holds the largest share in the North America region for AI in computer vision industry. The market is driven due to huge federal investments, strategic partnerships, and active backing from the private sector. Federal initiatives, such as the National AI Research Institutes and the Collaborations in Artificial Intelligence and Geoscience program, strongly reflect the commitment of the government toward innovation and collaboration. Major companies such as Google, Microsoft, and Amazon are driving growth through an advanced level of research and partnerships, while startups like Babeflex and others are able to secure huge funding to develop AI applications and thus creating a collaborative effort toward AI-driven solutions throughout industries.

Key players

The AI in computer vision companies includes significant Tier I and II players like NVIDIA Corporation (US), Microsoft Corporation (US), Intel Corporation (US), Alphabet Inc. (US), Amazon.com, Inc. (US), Cognex Corporation (US), Qualcomm Technologies, Inc. (US), Sony Group Corporation (Japan), OMRON Corporation (Japan), KEYENCE CORPORATION (Japan), SICK AG (Germany), Teledyne Technologies (US), Texas Instruments Incorporated (US), Basler AG (Germany), Hailo Technologies Ltd. (Israel) are some of the key players in the AI in computer vision market.

Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=141658064

Browse Adjacent Market: Semiconductor and Electronics Market Research Reports &Consulting

Related Reports: 

AI Vision Market by Vision Software (API, SDK), Vision Platform, Behavioral Analysis, Optical Character Recognition, Spatial Analysis, Image Recognition, Heatmap Analysis, Machine Learning, Deep Learning, CNN, Generative AI – Global Forecast to 2029

Machine Vision Market Size, Share, Industry Growth, Trends & Analysis by Component (Hardware, Software), Deployment (General, Robotic Cells), Product (PC-based Machine Vision System, Smart Camera-based Machine Vision System), Application, End-user Industry and Region - Global Forecast to 2028

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America's best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Contact:
Mr. Rohan Salgarkar

MarketsandMarkets™ INC.
1615 South Congress Ave.
Suite 103, Delray Beach, FL 33445
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit Our Web Site: https://www.marketsandmarkets.com/
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/ai-in-computer-vision-market.asp
Content Source: https://www.marketsandmarkets.com/PressReleases/ai-in-computer-vision.asp

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