According to a new market research report published by Global Insight Services “ AI in Computer Vision Market is expected to reach US$ bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
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Artificial intelligence in computer vision is the process of using computers to interpret and understand digital images. This can be done in several ways, but the most common approach is to use algorithms to detect and identify objects in an image. This can be done with a variety of techniques, but the most common approach is to use machine learning. This is where algorithms are trained on a dataset of images and then used to interpret new images.
Top Key Players in AI in Computer Vision market: Nvidia, Intel Corporation, IBM Corporation, Microsoft Corporation, Google, Facebook, Amazon Web Services
Key Trends
Some of the key trends in AI in Computer Vision technology include object detection and recognition, image classification, and video analysis. Object detection and recognition involve the ability to identify and locate objects in an image or video.
Key Drivers
Increased demand for computer vision in various industry verticals: Computer vision is being increasingly used in various industry verticals such as automotive, retail, healthcare, and manufacturing for applications such as object detection, facial recognition, and image classification.
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Market Segments
The AI in the computer vision market is segmented by function, application, end-use, and region. By function, the market is divided into inference and training. Based on application, it is bifurcated into industrial, and non-industrial. Based on end-use, the market is classified into automotive, consumer electronics, healthcare, retail, security and surveillance, agriculture, and others. Region-wise, the market is segmented into North America, Europe, Asia Pacific, and the Rest of the World.
Reasons to buy AI in Computer Vision Report:
- Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
- Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
- Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
- Develop business and M&A strategies through understanding of latest trends and emerging players in the market
- Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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Key Questions answered in the report:
- How is the market structured and what the key drivers and trends of this industry?
- How is the market segmented and what is the size of each segment?
- Which segments and geographies provide best growth opportunities?
- What’s the competitive landscape and positioning of players in this market?
- What is the impact of latest events such as Covid-19 and Russia-Ukraine conflict on the market?
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