Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

AI in Computer Vision Market Analysis by Region

The United States, renowned for its technological advancements, sees substantial investments in artificial intelligence and deep learning, driving the growth of AI in computer vision technology across North America. Additionally, China is poised to become a prominent AI leader by transitioning from a manufacturing hub to a technology-driven nation, bolstering market expansion.

 

Further, according to ITA, the UK AI market was valued at over USD 21 billion in 2023 and is projected to surpass USD 1 trillion by 2035, making it the third largest globally, following the U.S. and China.

 

According to Artificial Intelligence Sector Study 2023, the annual revenues generated by AI companies in the UK amounted to an estimated Euro 10,646 million.

 

AI in Computer Vision Market Report Snapshots

AI in Computer Vision Market Size

AI in Computer Vision Market Growth

AI in Computer Vision Market Trends

AI in Computer Vision Market Share

AI in Computer Vision Manufacturers

AI in Computer Vision Market Regional Analysis

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Outline the Scope

Key Questions Answered in the Report

The market is projected to grow at a CAGR of 41.0% between 2024 and 2032.

The revenue generated from the AI in the computer vision market is expected to reach USD 387.97 billion in 2032.

The major drivers of the industry include greater functional value of AI like image segmentation, object identification, pattern detection, and feature matching, among others, in addition to the rising implementation across industries.

Combating cyber threats with more technologically advanced security and convenience of comprehending pool of data is boosting the market.

The market is broken down into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.

The market is categorised according to the component, which includes hardware and software.

Based on the end use, the market is divided into automotive, sports and entertainment, robotics and machine vision, healthcare, security and surveillance, agriculture, and others.

The market key players are Intel, Qualcomm Incorporated, Apple Inc., Microsoft Corporation, Xilinx, Inc., and NVIDIA among others.

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