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Vision Processing Unit Market Size

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

Vision Processing Unit Market Size

Vision Processing Unit Market was valued at over USD 3 billion in 2023 and is estimated to register over 12% CAGR between 2024 & 2032.


The Vision Processing Unit (VPU) market is primarily driven by the increasing demand for artificial intelligence (AI) and machine learning (ML) technologies across various industries. VPUs play a crucial role in accelerating the processing of visual data for applications such as image recognition, object detection, autonomous vehicles, surveillance, and augmented reality. One of the key drivers propelling the VPU market is the rapid advancement in computer vision algorithms and deep learning techniques. As these algorithms become more complex and sophisticated, there is a growing need for dedicated hardware solutions like VPUs to efficiently process the immense amount of visual data generated.

Moreover, the proliferation of smart devices and IoT (Internet of Things) applications is fueling the demand for VPUs in edge computing scenarios. VPUs enable real-time processing of visual data directly on the device, reducing latency and bandwidth requirements associated with cloud-based processing. Furthermore, the automotive industry is a significant driver of the VPU market, with the rising adoption of advanced driver-assistance systems (ADAS) and autonomous driving technologies. VPUs are essential components in enabling vehicles to perceive their surroundings and make intelligent decisions in real-time, thereby enhancing safety and driving experience.

Designing efficient and high-performance VPUs requires addressing various technical challenges, including power consumption, heat dissipation, memory bandwidth, and integration with other system components. Managing the complexity of VPU architectures and optimizing their performance pose significant hurdles for manufacturers in this market. The research, development, and manufacturing of vision processing units (VPUs) involve significant investment in technology, resources, and expertise. Companies operating in this market face challenges in managing these costs while ensuring the competitiveness and profitability of their products.

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

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Premium Report Details

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