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Premium Report Details
Base Year: 2024
Companies covered: 20
Tables & Figures: 190
Countries covered: 21
Pages: 250
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AI in Computer Vision Market
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AI in Computer Vision Market Size
The global AI in computer vision market size was valued at USD 14.1 billion in 2024 and is estimated to register a CAGR of 19.5% between 2025 and 2034. The development of deep learning and AI technologies, including Convolutional Neural Networks (CNNs) and other advanced neural structures such as transformers, have recently boosted the precision and effectiveness of vision systems.
Understanding complex visual data is now possible for machines due to the algorithms which learn from large datasets, and refining processes such as object detection, classification, and recognition. As AI systems evolve, they become highly capable of managing much more complex and heterogeneous visual data, which is crucial for many fields including healthcare, automotive, retail, and many more.
On May 2025, IIIT-Hyderabad (IIIT-H) along with GeoVista Technologies and its IHub-Data Technology Innovation Hub entered a partnership to develop customized Geo-AI and computer vision solutions focused on the Indian market. The partnership was formed with the aim of creating Intellectual Property and Software IP analytics AI-based fundamentals driven with innovation in technology using proprietary deep learning, machine learning, and computer vision algorithms.
These advancements make real-time processing and analysis of images possible at unprecedented scales, which is necessary for modern applications such as self-driving cars, medical imaging, and manufacturing quality assurance. Increasing accessibility to data and computational power further drives demand for AI-based computer vision systems, enabling deep learning models to continuously improve performance.
The rapid increase of visual information from surveillance cameras, drones, smartphones, industrial sensors, and social media, as well as drones, are necessitating the creation of automated analysis tools.
The volume of these untapped visual resources is beyond the capabilities of traditional methods to interpret and process. The implementation of AI within computer vision allows the processing and analysis of massive image and video files in real time, providing quicker and more precise understanding. Timely and accurate analysis is crucial in industries such as security and healthcare, and the growing need for AI-powered vision systems is thus becoming essential across sectors such as retail and transportation.
AI in Computer Vision Market Trends
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AI in Computer Vision Market Analysis
Based on service, the AI in computer vision market is segmented into automotive and transportation, manufacturing, government, retail, BFSI, healthcare, and others. In 2024, the manufacturing segment was valued at around USD 3 billion and held a market share of over 20%.
Based on the component, the AI in computer vision market is segmented as hardware, software, and services. The software segment dominated in 2024 with a market share of around 45%.
Based on application, the AI in computer vision market is segmented as predictive maintenance, quality assurance and inspection, positioning and guidance, and identification and measurement. The predictive maintenance segment led the market in 2024.
Based on technology, the AI in computer vision market is segmented as machine learning (ML) and Generative AI (gen AI). The ML segment led the market in 2024.
North America dominated the global AI in computer vision market with a major share of over 30% and the U.S. led the market in the region and was valued at around USD 3.1 billion in 2024.
The growth forecast for the AI in computer vision market in China from 2025 to 2034 is highly encouraging.
Germany is expected to show remarkable and promising development in the AI in computer vision market from 2025-2034.
The AI in computer vision market in Mexico is expected to experience significant and promising growth from 2025 to 2034.
AI in Computer Vision Market Share
Top 7 companies leading the AI in computer vision industry in 2024 were Microsoft Corporation, NVIDIA Corporation, Google LLC, Amazon, IBM Corporation, Intel Corporation, and Teledyne Technologies. Together, they held around 25% of the market share.
AI in Computer Vision Market Companies
Major players operating in the AI in computer vision industry include:
AI in Computer Vision Industry News
The AI in computer vision market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue ($Bn) and volume (Units) from 2021 to 2034, for the following segments:
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Market, By Component
Market, By Application
Market, By End Use
Market, By Function
Market, By Technology
The above information is provided for the following regions and countries: