Home > Semiconductors & Electronics > Electronics > Vision Processing Unit Market

Vision Processing Unit Market Analysis

  • Report ID: GMI8745
  • Published Date: Mar 2024
  • Report Format: PDF

Vision Processing Unit Market Analysis

Based on end-use, the market is divided consumer electronics, security & surveillance, automotive. The security & surveillance segment are expected to register a CAGR of over 13% during the forecast period.

  • In the Vision Processing Unit (VPU) market, the Security and Surveillance segment plays a pivotal role in enhancing security measures across various domains. With advancements in technology, security and surveillance systems have evolved significantly, incorporating sophisticated visual processing capabilities enabled by VPUs. These systems are deployed in diverse environments such as public spaces, transportation hubs, critical infrastructure, and commercial establishments to monitor and analyze activities in real-time.
  • The security and surveillance segment benefits from VPUs by enabling features like facial recognition, object detection, behavior analysis, and anomaly detection. These capabilities enhance situational awareness, threat detection, and response capabilities, thereby bolstering security measures. VPUs empower security cameras and monitoring systems to process vast amounts of visual data efficiently, enabling swift and accurate identification of potential security breaches or suspicious activities.
Vision Processing Unit Market Share, By Application, 2023

Based on application, the market is divided into smartphones, drones, cameras, AR/VR, ADAS, robotics, others. The smartphones segment dominated the global market with a share of over 21% in 2023.

  • The smartphones segment in the Vision Processing Unit (VPU) market is experiencing significant growth driven by the increasing integration of advanced visual processing capabilities in mobile devices. VPUs are crucial components in smartphones as they enable various advanced features such as augmented reality (AR), facial recognition, object detection, and real-time image processing.
  • One key driver of the smartphones segment is the rising demand for enhanced user experiences. Consumers increasingly expect smartphones to offer high-quality imaging capabilities, efficient image recognition, and seamless AR/VR experiences. VPUs play a pivotal role in meeting these expectations by enabling real-time processing of visual data, improving camera performance, and supporting advanced AR applications.
China Vision Processing Unit Market Size, 2022-2032, (USD Million)

Asia Pacific dominated the global vision processing unit market in 2023, accounting for a share of over 36%. In Asia Pacific, the VPU market is propelled by the region's rapid technological advancements, particularly in countries like China, Japan, and South Korea. These countries are witnessing a surge in demand for VPUs due to the increasing adoption of artificial intelligence (AI) and machine learning (ML) technologies across diverse industries such as automotive, consumer electronics, and robotics.

Additionally, the proliferation of smartphones, drones, and surveillance systems in the region is fueling the demand for VPUs, which are essential for enabling advanced visual processing capabilities in these devices. South Korea is witnessing a surge in demand for VPUs in the automotive sector, particularly for ADAS applications. Korean automotive manufacturers are incorporating VPUs into their vehicles to power advanced driver assistance features such as lane departure warning, collision avoidance, and adaptive cruise control, enhancing both safety and convenience for drivers.

Authors: Suraj Gujar, Sandeep Ugale

Frequently Asked Questions (FAQ) :

The market size for vision processing unit was valued at over USD 3 billion in 2023 and is estimated to surpass USD 8.5 billion by 2032, driven by the increasing demand for AI & ML technologies across various industries.

The security & surveillance segment of VPU market is expected to register a CAGR of over 13% through 2032, attributed to features like facial recognition, object detection, behavior analysis, and anomaly detection.

Asia Pacific vision processing unit market accounted for a revenue share of over 36% in 2023 and will continue to grow over 2024-2032, propelled by the rapid technological advancements, increasing adoption of AI & ML technologies, and proliferation of smartphones, drones, and surveillance systems.

Intel Corporation, Qualcomm Technologies, Inc., MediaTek Inc., NVIDIA Corporation, Advanced Micro Devices, Inc. (AMD), Google LLC (for its Tensor Processing Unit), and Ambarella, Inc.

Vision Processing Unit Market Scope

Buy Now

Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 305
  • Countries covered: 19
  • Pages: 200
 Download Free Sample