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PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1750618

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PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1750618

AI in Computer Vision Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2025 - 2034

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PAGES: 250 Pages
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The Global AI in Computer Vision Market was valued at USD 14.1 billion in 2024 and is estimated to grow at a CAGR of 19.5% to reach USD 82.3 billion by 2034, driven by the advancements in deep learning technologies, particularly Convolutional Neural Networks (CNNs) and transformer models, have enhanced the accuracy and efficiency of visual data processing. These developments enable machines to interpret complex visual information, facilitating applications such as object detection, classification, and recognition. As AI systems become more adept at handling diverse and intricate visual data, their utility spans various sectors, including healthcare, automotive, retail, and manufacturing. The increasing volume of visual data from sources like surveillance cameras, drones, and smartphones necessitates the development of automated analysis tools.

AI in Computer Vision Market - IMG1

AI-powered computer vision systems can process and analyze large image and video datasets in real time, providing timely and accurate insights crucial for industries like security and healthcare. These systems can detect anomalies, recognizing faces, identifying objects, and monitoring activities with a level of speed and precision that far exceeds traditional methods. In security, this enables proactive threat detection and automated surveillance, while in healthcare, it facilitates early diagnosis through medical imaging, supports surgical assistance, and enhances patient monitoring. As these technologies continue to evolve, they are playing an increasingly integral role in improving operational efficiency, safety, and decision-making across a wide range of applications.

Market Scope
Start Year2024
Forecast Year2025-2034
Start Value$14.1 Billion
Forecast Value$82.3 Billion
CAGR19.5%

In 2024, the manufacturing sector held a 20% share, valued at USD 3 billion. Integrating AI-driven vision systems in manufacturing facilitates automated quality control, reducing human error and ensuring consistent product standards. These systems enhance operational efficiency by identifying defects and anomalies in real time, leading to optimized production processes and reduced waste. The adoption of Industry 4.0 concepts, which combine AI, the Internet of Things (IoT), and robotics, is accelerating the deployment of computer vision technologies in manufacturing environments.

The software segment led the market in 2024, capturing 45% share. Software solutions are integral to AI in computer vision, enabling complex tasks such as facial recognition, object detection, and image classification. These software platforms are highly customizable, allowing adaptation to specific industry needs, including medical imaging, autonomous vehicle navigation, and retail analytics. The flexibility and scalability of AI software make it a preferred investment for companies seeking to enhance their technological capabilities and achieve a higher return on investment.

North America AI in Computer Vision Market generated USD 3.1 billion in 2024, attributed to the presence of leading technology companies, substantial government and private sector investments, and a robust research and development ecosystem. Institutions such as MIT and Stanford, along with corporate research labs, contribute to developing AI technologies. Industries in the U.S., including automotive, healthcare, and retail, are early adopters of AI-powered computer vision tools, leveraging them for automation, advanced surveillance, diagnostics, and logistical operations.

Key players in the AI in Computer Vision Industry include Amazon, NVIDIA, IBM, Microsoft, Intel, Google, Advanced Micro Devices Inc., Cognex Corporation, Teledyne Technologies, and Basler AG. These companies are at the forefront of developing and deploying AI-driven vision systems across various sectors, driving innovation and expanding the market's reach. To strengthen their market position, companies in the AI in computer vision industry are adopting several key strategies. These include investing in research and development to enhance the capabilities of AI algorithms and hardware, forming strategic partnerships and collaborations to expand their technological expertise and market reach, and focusing on product innovation to meet the evolving needs of different industries.

Product Code: 5667

Table of Contents

Chapter 1 Methodology & Scope

  • 1.1 Research design
    • 1.1.1 Research approach
    • 1.1.2 Data collection methods
  • 1.2 Base estimates & calculations
    • 1.2.1 Base year calculation
    • 1.2.2 Key trends for market estimation
  • 1.3 Forecast model
  • 1.4 Primary research and validation
    • 1.4.1 Primary sources
    • 1.4.2 Data mining sources
  • 1.5 Market scope & definition

Chapter 2 Executive Summary

  • 2.1 Industry 3600 synopsis, 2021 - 2034

Chapter 3 Industry Insights

  • 3.1 Industry ecosystem analysis
  • 3.2 Supplier landscape
    • 3.2.1 Hardware providers
    • 3.2.2 Software providers
    • 3.2.3 Service providers
    • 3.2.4 Technology providers
    • 3.2.5 End use
  • 3.3 Profit margin analysis
  • 3.4 Impact of Trump administration tariffs
    • 3.4.1 Impact on trade
      • 3.4.1.1 Trade volume disruptions
      • 3.4.1.2 Retaliatory measures
    • 3.4.2 Impact on industry
      • 3.4.2.1 Supply-side impact (raw materials)
        • 3.4.2.1.1 Price volatility in key materials
        • 3.4.2.1.2 Supply chain restructuring
        • 3.4.2.1.3 Production cost implications
      • 3.4.2.2 Demand-side impact (selling price)
        • 3.4.2.2.1 Price transmission to end markets
        • 3.4.2.2.2 Market share dynamics
        • 3.4.2.2.3 Consumer response patterns
    • 3.4.3 Key companies impacted
    • 3.4.4 Strategic industry responses
      • 3.4.4.1 Supply chain reconfiguration
      • 3.4.4.2 Pricing and product strategies
      • 3.4.4.3 Policy engagement
    • 3.4.5 Outlook & future considerations
  • 3.5 Technology & innovation landscape
    • 3.5.1 Robotic process automation
    • 3.5.2 AI optimized hardware
    • 3.5.3 Deep learning platform
  • 3.6 Patent analysis
  • 3.7 Key news & initiatives
  • 3.8 Use cases of AI in computer vision
  • 3.9 Regulatory landscape
  • 3.10 Impact forces
    • 3.10.1 Growth drivers
      • 3.10.1.1 Rapid advancements in deep learning & AI algorithms
      • 3.10.1.2 Rise in amount of visual data
      • 3.10.1.3 Growing need for automation and quality control
      • 3.10.1.4 Increase in the edge computing integration
    • 3.10.2 Industry pitfalls & challenges
      • 3.10.2.1 Data privacy and security concerns
      • 3.10.2.2 Integration with legacy systems
  • 3.11 Growth potential analysis
  • 3.12 Porter's analysis
  • 3.13 PESTEL analysis

Chapter 4 Competitive Landscape, 2024

  • 4.1 Introduction
  • 4.2 Company market share analysis
  • 4.3 Competitive positioning matrix
  • 4.4 Strategic outlook matrix

Chapter 5 Market Estimates & Forecast, By Component, 2021 - 2034 ($Bn, Units)

  • 5.1 Key trends
  • 5.2 Hardware
    • 5.2.1 Cameras and image sensors
    • 5.2.2 Processors (GPUs, TPUs, VPUs)
    • 5.2.3 Integrated systems
    • 5.2.4 Edge computing devices
  • 5.3 Software
    • 5.3.1 Development frameworks and tools
    • 5.3.2 Vision APIs and SDKs
    • 5.3.3 Pre-trained models
    • 5.3.4 Custom vision solutions
    • 5.3.5 Cloud-based vision services
  • 5.4 Services
    • 5.4.1 Implementation and integration
    • 5.4.2 Training and support
    • 5.4.3 Consulting
    • 5.4.4 Maintenance and upgrades

Chapter 6 Market Estimates & Forecast, By Application, 2021 - 2034 ($Bn)

  • 6.1 Key trends
  • 6.2 Predictive maintenance
  • 6.3 Quality assurance and inspection
  • 6.4 Positioning and guidance
  • 6.5 Identification and measurement
  • 6.6 Others

Chapter 7 Market Estimates & Forecast, By End Use, 2021 - 2034 ($Bn)

  • 7.1 Key trends
  • 7.2 Automotive and transportation
  • 7.3 Manufacturing
  • 7.4 Government
  • 7.5 Retail
  • 7.6 BFSI
  • 7.7 Healthcare
  • 7.8 Others

Chapter 8 Market Estimates & Forecast, By Function, 2021 - 2034 ($Bn)

  • 8.1 Key trends
  • 8.2 Training
  • 8.3 Inferences

Chapter 9 Market Estimates & Forecast, By Technology, 2021 - 2034 ($Bn)

  • 9.1 Key trends
  • 9.2 ML
  • 9.3 Gen AI

Chapter 10 Market Estimates & Forecast, By Region, 2021 - 2034 ($Bn)

  • 10.1 Key trends
  • 10.2 North America
    • 10.2.1 U.S.
    • 10.2.2 Canada
  • 10.3 Europe
    • 10.3.1 UK
    • 10.3.2 Germany
    • 10.3.3 France
    • 10.3.4 Italy
    • 10.3.5 Spain
    • 10.3.6 Russia
    • 10.3.7 Nordics
  • 10.4 Asia Pacific
    • 10.4.1 China
    • 10.4.2 India
    • 10.4.3 Japan
    • 10.4.4 Australia
    • 10.4.5 South Korea
    • 10.4.6 Southeast Asia
  • 10.5 Latin America
    • 10.5.1 Brazil
    • 10.5.2 Mexico
    • 10.5.3 Argentina
  • 10.6 MEA
    • 10.6.1 UAE
    • 10.6.2 South Africa
    • 10.6.3 Saudi Arabia

Chapter 11 Company Profiles

  • 11.1 Advanced Micro Device
  • 11.2 Amazon
  • 11.3 Basler
  • 11.4 Clarifai
  • 11.5 Cognex
  • 11.6 Deepomatic
  • 11.7 Google
  • 11.8 Graphcore
  • 11.9 Hailo
  • 11.10 IBM
  • 11.11 Intel
  • 11.12 Keyence
  • 11.13 Microsoft
  • 11.14 NVIDIA
  • 11.15 Omron
  • 11.16 Qualcomm
  • 11.17 Sick
  • 11.18 Sony
  • 11.19 Teledyne Technologies
  • 11.20 Texas Instruments
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