Computer Vision Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Component, By Product Type, By Application, By Vertical, By Region & Competition, 2021-2031F

Description

The Global Computer Vision Market will grow from USD 21.68 Billion in 2025 to USD 33.16 Billion by 2031 at a 7.34% CAGR. The Global Computer Vision Market consists of artificial intelligence systems that enable computers to interpret meaningful information from visual inputs like digital images and videos to automate complex tasks. The primary drivers fostering growth include the demand for high precision quality inspection in manufacturing, the enforcement of stringent safety regulations in the automotive sector, and the increasing need for automation in commercial logistics and healthcare.

Market Overview
Forecast Period	2027-2031
Market Size 2025	USD 21.68 Billion
Market Size 2031	USD 33.16 Billion
CAGR 2026-2031	7.34%
Fastest Growing Segment	Industrial
Largest Market	North America

Key Market Drivers

The integration of Generative AI and deep learning algorithms serves as a primary catalyst for the Global Computer Vision Market, fundamentally altering how systems process and interpret visual data. This technological evolution allows models to move beyond simple object detection to complex scene understanding and synthetic data generation, which significantly reduces the barrier to entry for training robust algorithms. Enterprises are increasingly leveraging these advanced models to automate unstructured data analysis and enhance decision-making capabilities across diverse sectors, ranging from code generation to visual inspection.

Key Market Challenges

The Global Computer Vision Market faces a substantial hurdle due to its acute sensitivity to economic instability within the manufacturing sector. Since vision technology is primarily deployed as a capital investment to enhance long-term productivity, demand is inextricably linked to the capital expenditure cycles of industrial manufacturers. During periods of economic uncertainty, manufacturers often freeze budgets for new equipment and retrofitting projects to preserve liquidity. This financial caution leads to extended sales cycles and the postponement of automation upgrades, directly stalling revenue growth for vision system providers.

Key Market Trends

The Widespread Adoption of Edge AI for Real-Time On-Device Processing is rapidly emerging as a critical trend, driven by the need to minimize latency and bandwidth dependencies associated with cloud-based analysis. By moving computational tasks from centralized servers to local devices such as smart cameras and personal computers, organizations can execute complex inference algorithms instantaneously, ensuring immediate responses for time-sensitive applications. This architectural shift is being accelerated by semiconductor manufacturers who are embedding dedicated neural processing units directly into consumer and industrial hardware to support heavy local workloads.

Key Market Players

Alphabet Inc.
Cognex Corporation
Intel Corporation
Keyence Corporation
Matterport, Inc.
National Instruments Corp.
Omron Corporation
Sony Group Corporation
Teledyne Technologies Inc.
Texas Instruments Incorporated

Report Scope:

In this report, the Global Computer Vision Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Computer Vision Market, By Component:

Hardware
Software

Computer Vision Market, By Product Type:

Smart Camera-Based
PC-Based

Computer Vision Market, By Application:

Quality Assurance & Inspection
Positioning & Guidance
Measurement
Identification
3D Visualization & Interactive 3D Modelling
Predictive Maintenance

Computer Vision Market, By Vertical:

Industrial
Non-Industrial

Computer Vision Market, By Region:

North America
United States
Canada
Mexico
Europe
France
United Kingdom
Italy
Germany
Spain
Asia Pacific
China
India
Japan
Australia
South Korea
South America
Brazil
Argentina
Colombia
Middle East & Africa
South Africa
Saudi Arabia
UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Computer Vision Market.

Available Customizations:

Global Computer Vision Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

1. Product Overview

1.1. Market Definition
1.2. Scope of the Market
- 1.2.1. Markets Covered
- 1.2.2. Years Considered for Study
- 1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations

3. Executive Summary

3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Computer Vision Market Outlook

5.1. Market Size & Forecast
- 5.1.1. By Value
5.2. Market Share & Forecast
- 5.2.1. By Component (Hardware, Software)
- 5.2.2. By Product Type (Smart Camera-Based, PC-Based)
- 5.2.3. By Application (Quality Assurance & Inspection, Positioning & Guidance, Measurement, Identification, 3D Visualization & Interactive 3D Modelling, Predictive Maintenance)
- 5.2.4. By Vertical (Industrial, Non-Industrial)
- 5.2.5. By Region
- 5.2.6. By Company (2025)
5.3. Market Map

6. North America Computer Vision Market Outlook

6.1. Market Size & Forecast
- 6.1.1. By Value
6.2. Market Share & Forecast
- 6.2.1. By Component
- 6.2.2. By Product Type
- 6.2.3. By Application
- 6.2.4. By Vertical
- 6.2.5. By Country
6.3. North America: Country Analysis
- 6.3.1. United States Computer Vision Market Outlook
  - 6.3.1.1. Market Size & Forecast
    - 6.3.1.1.1. By Value
  - 6.3.1.2. Market Share & Forecast
    - 6.3.1.2.1. By Component
    - 6.3.1.2.2. By Product Type
    - 6.3.1.2.3. By Application
    - 6.3.1.2.4. By Vertical
- 6.3.2. Canada Computer Vision Market Outlook
  - 6.3.2.1. Market Size & Forecast
    - 6.3.2.1.1. By Value
  - 6.3.2.2. Market Share & Forecast
    - 6.3.2.2.1. By Component
    - 6.3.2.2.2. By Product Type
    - 6.3.2.2.3. By Application
    - 6.3.2.2.4. By Vertical
- 6.3.3. Mexico Computer Vision Market Outlook
  - 6.3.3.1. Market Size & Forecast
    - 6.3.3.1.1. By Value
  - 6.3.3.2. Market Share & Forecast
    - 6.3.3.2.1. By Component
    - 6.3.3.2.2. By Product Type
    - 6.3.3.2.3. By Application
    - 6.3.3.2.4. By Vertical

7. Europe Computer Vision Market Outlook

7.1. Market Size & Forecast
- 7.1.1. By Value
7.2. Market Share & Forecast
- 7.2.1. By Component
- 7.2.2. By Product Type
- 7.2.3. By Application
- 7.2.4. By Vertical
- 7.2.5. By Country
7.3. Europe: Country Analysis
- 7.3.1. Germany Computer Vision Market Outlook
  - 7.3.1.1. Market Size & Forecast
    - 7.3.1.1.1. By Value
  - 7.3.1.2. Market Share & Forecast
    - 7.3.1.2.1. By Component
    - 7.3.1.2.2. By Product Type
    - 7.3.1.2.3. By Application
    - 7.3.1.2.4. By Vertical
- 7.3.2. France Computer Vision Market Outlook
  - 7.3.2.1. Market Size & Forecast
    - 7.3.2.1.1. By Value
  - 7.3.2.2. Market Share & Forecast
    - 7.3.2.2.1. By Component
    - 7.3.2.2.2. By Product Type
    - 7.3.2.2.3. By Application
    - 7.3.2.2.4. By Vertical
- 7.3.3. United Kingdom Computer Vision Market Outlook
  - 7.3.3.1. Market Size & Forecast
    - 7.3.3.1.1. By Value
  - 7.3.3.2. Market Share & Forecast
    - 7.3.3.2.1. By Component
    - 7.3.3.2.2. By Product Type
    - 7.3.3.2.3. By Application
    - 7.3.3.2.4. By Vertical
- 7.3.4. Italy Computer Vision Market Outlook
  - 7.3.4.1. Market Size & Forecast
    - 7.3.4.1.1. By Value
  - 7.3.4.2. Market Share & Forecast
    - 7.3.4.2.1. By Component
    - 7.3.4.2.2. By Product Type
    - 7.3.4.2.3. By Application
    - 7.3.4.2.4. By Vertical
- 7.3.5. Spain Computer Vision Market Outlook
  - 7.3.5.1. Market Size & Forecast
    - 7.3.5.1.1. By Value
  - 7.3.5.2. Market Share & Forecast
    - 7.3.5.2.1. By Component
    - 7.3.5.2.2. By Product Type
    - 7.3.5.2.3. By Application
    - 7.3.5.2.4. By Vertical

8. Asia Pacific Computer Vision Market Outlook

8.1. Market Size & Forecast
- 8.1.1. By Value
8.2. Market Share & Forecast
- 8.2.1. By Component
- 8.2.2. By Product Type
- 8.2.3. By Application
- 8.2.4. By Vertical
- 8.2.5. By Country
8.3. Asia Pacific: Country Analysis
- 8.3.1. China Computer Vision Market Outlook
  - 8.3.1.1. Market Size & Forecast
    - 8.3.1.1.1. By Value
  - 8.3.1.2. Market Share & Forecast
    - 8.3.1.2.1. By Component
    - 8.3.1.2.2. By Product Type
    - 8.3.1.2.3. By Application
    - 8.3.1.2.4. By Vertical
- 8.3.2. India Computer Vision Market Outlook
  - 8.3.2.1. Market Size & Forecast
    - 8.3.2.1.1. By Value
  - 8.3.2.2. Market Share & Forecast
    - 8.3.2.2.1. By Component
    - 8.3.2.2.2. By Product Type
    - 8.3.2.2.3. By Application
    - 8.3.2.2.4. By Vertical
- 8.3.3. Japan Computer Vision Market Outlook
  - 8.3.3.1. Market Size & Forecast
    - 8.3.3.1.1. By Value
  - 8.3.3.2. Market Share & Forecast
    - 8.3.3.2.1. By Component
    - 8.3.3.2.2. By Product Type
    - 8.3.3.2.3. By Application
    - 8.3.3.2.4. By Vertical
- 8.3.4. South Korea Computer Vision Market Outlook
  - 8.3.4.1. Market Size & Forecast
    - 8.3.4.1.1. By Value
  - 8.3.4.2. Market Share & Forecast
    - 8.3.4.2.1. By Component
    - 8.3.4.2.2. By Product Type
    - 8.3.4.2.3. By Application
    - 8.3.4.2.4. By Vertical
- 8.3.5. Australia Computer Vision Market Outlook
  - 8.3.5.1. Market Size & Forecast
    - 8.3.5.1.1. By Value
  - 8.3.5.2. Market Share & Forecast
    - 8.3.5.2.1. By Component
    - 8.3.5.2.2. By Product Type
    - 8.3.5.2.3. By Application
    - 8.3.5.2.4. By Vertical

9. Middle East & Africa Computer Vision Market Outlook

9.1. Market Size & Forecast
- 9.1.1. By Value
9.2. Market Share & Forecast
- 9.2.1. By Component
- 9.2.2. By Product Type
- 9.2.3. By Application
- 9.2.4. By Vertical
- 9.2.5. By Country
9.3. Middle East & Africa: Country Analysis
- 9.3.1. Saudi Arabia Computer Vision Market Outlook
  - 9.3.1.1. Market Size & Forecast
    - 9.3.1.1.1. By Value
  - 9.3.1.2. Market Share & Forecast
    - 9.3.1.2.1. By Component
    - 9.3.1.2.2. By Product Type
    - 9.3.1.2.3. By Application
    - 9.3.1.2.4. By Vertical
- 9.3.2. UAE Computer Vision Market Outlook
  - 9.3.2.1. Market Size & Forecast
    - 9.3.2.1.1. By Value
  - 9.3.2.2. Market Share & Forecast
    - 9.3.2.2.1. By Component
    - 9.3.2.2.2. By Product Type
    - 9.3.2.2.3. By Application
    - 9.3.2.2.4. By Vertical
- 9.3.3. South Africa Computer Vision Market Outlook
  - 9.3.3.1. Market Size & Forecast
    - 9.3.3.1.1. By Value
  - 9.3.3.2. Market Share & Forecast
    - 9.3.3.2.1. By Component
    - 9.3.3.2.2. By Product Type
    - 9.3.3.2.3. By Application
    - 9.3.3.2.4. By Vertical

10. South America Computer Vision Market Outlook

10.1. Market Size & Forecast
- 10.1.1. By Value
10.2. Market Share & Forecast
- 10.2.1. By Component
- 10.2.2. By Product Type
- 10.2.3. By Application
- 10.2.4. By Vertical
- 10.2.5. By Country
10.3. South America: Country Analysis
- 10.3.1. Brazil Computer Vision Market Outlook
  - 10.3.1.1. Market Size & Forecast
    - 10.3.1.1.1. By Value
  - 10.3.1.2. Market Share & Forecast
    - 10.3.1.2.1. By Component
    - 10.3.1.2.2. By Product Type
    - 10.3.1.2.3. By Application
    - 10.3.1.2.4. By Vertical
- 10.3.2. Colombia Computer Vision Market Outlook
  - 10.3.2.1. Market Size & Forecast
    - 10.3.2.1.1. By Value
  - 10.3.2.2. Market Share & Forecast
    - 10.3.2.2.1. By Component
    - 10.3.2.2.2. By Product Type
    - 10.3.2.2.3. By Application
    - 10.3.2.2.4. By Vertical
- 10.3.3. Argentina Computer Vision Market Outlook
  - 10.3.3.1. Market Size & Forecast
    - 10.3.3.1.1. By Value
  - 10.3.3.2. Market Share & Forecast
    - 10.3.3.2.1. By Component
    - 10.3.3.2.2. By Product Type
    - 10.3.3.2.3. By Application
    - 10.3.3.2.4. By Vertical

11. Market Dynamics

11.1. Drivers
11.2. Challenges

12. Market Trends & Developments

12.1. Merger & Acquisition (If Any)
12.2. Product Launches (If Any)
12.3. Recent Developments

13. Global Computer Vision Market: SWOT Analysis

14. Porter's Five Forces Analysis

14.1. Competition in the Industry
14.2. Potential of New Entrants
14.3. Power of Suppliers
14.4. Power of Customers
14.5. Threat of Substitute Products

15. Competitive Landscape

15.1. Alphabet Inc.
- 15.1.1. Business Overview
- 15.1.2. Products & Services
- 15.1.3. Recent Developments
- 15.1.4. Key Personnel
- 15.1.5. SWOT Analysis
15.2. Cognex Corporation
15.3. Intel Corporation
15.4. Keyence Corporation
15.5. Matterport, Inc.
15.6. National Instruments Corp.
15.7. Omron Corporation
15.8. Sony Group Corporation
15.9. Teledyne Technologies Inc.
15.10. Texas Instruments Incorporated