PUBLISHER: KBV Research | PRODUCT CODE: 1858685
PUBLISHER: KBV Research | PRODUCT CODE: 1858685
The Latin America, Middle East and Africa Computer Vision Market would witness market growth of 21.4% CAGR during the forecast period (2025-2032).
The Brazil market dominated the LAMEA Computer Vision Market by Country in 2024, and would continue to be a dominant market till 2032; thereby, achieving a market value of $1,445.9 million by 2032. The Argentina market is registering a CAGR of 22% during (2025 - 2032). Additionally, The UAE market would showcase a CAGR of 20.4% during (2025 - 2032). The Brazil and UAE led the LAMEA Computer Vision Market by Country with a market share of 23.8% and 16.9% in 2024.The South Africa market is expected to witness a CAGR of 22.2% during throughout the forecast period.
The LAMEA computer vision market is experiencing strong growth, fueled by rising investments in artificial intelligence, automation, and digital transformation across manufacturing, healthcare, automotive, and retail sectors. Countries like Brazil, Mexico, the UAE, Saudi Arabia, and South Africa are leading adoption through initiatives such as smart cities, industrial automation, and agricultural monitoring. Technological advancements in AI, machine learning, and edge computing have accelerated the shift from manual operations to automated, real-time visual systems, improving efficiency, safety, and decision-making across industries.
Key trends include the integration of deep learning and AI for enhanced image recognition, predictive maintenance, and facial recognition, as well as the expansion of edge computing for faster, secure data processing. Governments are supporting this growth through digital economy initiatives, public infrastructure modernization, and innovation hubs. The market is characterized by collaboration between global technology providers and regional startups, combining advanced technology with local expertise to deliver tailored, scalable computer vision solutions across the LAMEA region.
Application Outlook
Based on Application, the market is segmented into Quality Assurance & Inspection, Positioning & Guidance, Identification, Predictive Maintenance, 3D Visualization & Interactive 3D Modelling, Measurement, and Other Application. Among various Brazil Computer Vision Market by Application; The Positioning & Guidance market achieved a market size of USD $59.5 Million in 2024 and is expected to grow at a CAGR of 18.7 % during the forecast period. The 3D Visualization & Interactive 3D Modelling market is predicted to experience a CAGR of 21.2% throughout the forecast period from (2025 - 2032).
Vertical Outlook
Based on Vertical, the market is segmented into Non-Industrial, and Industrial. Based on Component, the market is segmented into Hardware, and Software. The Non-Industrial market segment dominated the UAE Computer Vision Market by Vertical is expected to grow at a CAGR of 20 % during the forecast period thereby continuing its dominance until 2032. Also, The Industrial market is anticipated to grow as a CAGR of 21.2 % during the forecast period during (2025 - 2032).
Country Outlook
Brazil is quickly becoming a major center for computer vision innovation in Latin America, thanks to its wide range of industries and strong efforts to go digital. The government's efforts to bring agriculture, manufacturing, and healthcare up to date are driving adoption. Applications range from smart city infrastructure and medical imaging to precision farming and quality control. Combining AI with computer vision is making it possible to do things like real-time monitoring, predictive maintenance, and automation. A mix of local startups and international tech companies is encouraging competition and new ideas, which is speeding up the spread of cheap, scalable computer vision solutions across Brazil's economy.
List of Key Companies Profiled
LAMEA Computer Vision Market Report Segmentation
By Product
By Vertical
By Component
By Application
By Country