Home > Media & Technology > Information Technology > Tech Infrastructure > Computer Vision Market

Computer Vision Market Trends

  • Report ID: GMI5479
  • Published Date: Mar 2023
  • Report Format: PDF

Computer Vision Market Trends

The increasing concerns associated with data safety and security due to the rising incidences of cybersecurity breaches and threats could hinder the computer vision market dynamics. The rapid penetration of cloud technology has accelerated the need for adequate data safety measures, subsequently hampering the adoption of computer vision systems. However, the increasing use of CCTV monitoring and VMS systems to store real-time data to support security and surveillance will enhance the integration of modern AI vision systems. The increasing application of computer vision in next-generation technologies, such as facial recognition, eye-detection, and biometric scanners will also positively influence the industry development.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of computer vision was worth more than USD 12 billion in 2022 and is poised to witness over 15% CAGR from 2023-2032.

The hardware components segment is estimated to cross USD 20 billion by 2032, owing to the surging demand for smart cameras.

The industry size for computer vision in North America crossed USD 3 billion in 2022, due to the increasing manufacturing output in the U.S. and Canada.

Intel corp., NVIDIA corp., Microsoft, IBM, Google (Alphabet), and Teledyne Technology are some of the well-known companies in the market.

Computer Vision Market Scope

Buy Now


Premium Report Details

  • Base Year: 2022
  • Companies covered: 20
  • Tables & Figures: 273
  • Countries covered: 19
  • Pages: 350
 Download Free Sample