AI in Computer Vision Market Size – USD 11.35 Billion in 2020, Market Growth - CAGR of 10.8%, Market Trends –Increased demand for vision-guided robotic systems
Increased advancements in information and communication technology [ICT], increased demand for vision-guided robotic systems, and continuous R&D in digital technology resulted in boosting AI in Computer Vision market.
Market Size – USD 11.35 Billion in 2020, Market Growth - CAGR of 10.8%, Market Trends –Increased demand for vision-guided robotic systems
The Global AI in Computer Vision market is forecast to reach USD 25.69 Billion by 2028, according to a new report by Reports and Data. The AI in Computer Vision market is witnessing continuous growth in the recent year that has been primarily driven by significant advancements in the information and communication technology sector. The constant emphasis on R&D in the industry has resulted in developments like artificial learning, and machine learning, which is opening new avenues for the application of AI in Computer Visions. Such expansion in areas of application is positively impacting the growth of the market. The growth of the industry has also been driven by increased demand for AI in Computer Visions for industrial applications like in the automotive industry as well as non- industrial sectors such as healthcare sector.
Apart from the factors mentioned above, one of the essential traits of the AI in Computer Vision is high accuracy, which is also contributing to the expansion of the market. The mentioned trait of AI in Computer Vision results in its increased application for diverse operations ranging from identification to quality assurance & inspection in various industrial as well as non-industrial functioning. The high utility of AI in Computer Vision is also boosting the growth of the market. Increased investments and continuous emphasis on product developments by key players of the market is also contributing to its growth. One of such mentionable market developments were made by Keyence, a key player of the market in 2017, which introduced the 3D vision system that presented point-and-click tools to measure 3D objects. Such advancements in the market have a positive impact on it.
In regards to region, Asia Pacific is forecasted to experience the highest growth rate. The increase in investments in R&D activities, continuous advancements in AI in Computer Visions, and rise in start-ups in the region is contributing to its growth rate.
Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/1558
Key participants include Basler, Keyence, Cognex, Omron, Texas Instruments, Cognex, Teledyne Technologies, Sony, Intel, National Instruments, and Mvtec Software.
Further key findings from the report suggest
To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/computer-vision-system-market
For the purpose of this report, Reports and Data have segmented the global AI in Computer Vision market according to Product, Component, Application, End-user, and Region:
Product Type Outlook (Revenue, USD Billion; 2020-2028)
Component type Outlook (Revenue, USD Billion; 2020-2028)
Application Type Outlook (Revenue, USD Billion; 2020-2028)
End-user Type Outlook (Revenue, USD Billion; 2020-2028)
Regional Outlook (Revenue, USD Billion; 2020-2028)
Request a customization of the report @ https://www.reportsanddata.com/request-customization-form/1558
Market Report includes major TOC points:
Conclusively, all aspects of the AI in Computer Vision market are quantitatively as well qualitatively assessed to study the global as well as regional market comparatively. This market study presents critical information and factual data about the market providing an overall statistical study of this market on the basis of market drivers, limitations and its future prospects.
About Us:
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.
Contact Us:
John W
Head of Business Development
Direct Line: +1-212-710-1370
E-mail: [email protected]
Reports and Data | Web: www.reportsanddata.com
Check our upcoming research reports @ https://www.reportsanddata.com/upcoming-reports
Visit our blog for more industry updates @ https://www.reportsanddata.com/blogs
ENTERTAINMENT
BUSINESS
NEWS
TECHNOLOGY
BLOCKCHAIN
COVID-19
NATIONAL
WORLD
SPORTS
YOUTUBE
TRAVEL
POLITICS
CONSERVATIVE VIEW
LIBERAL VIEW
DANCE STYLE
FASHION
LIFESTYLE
MUSIC STYLE
INDIAN CUISINE
FESTIVALS IN INDIA
FEMALE CLOTHING
SEASONS
MARRIAGES
ANIMALS
HUMOR
SCIENCE
LIFE STYLE
CELEBRITY
RECIPES
DESIGN
COMPUTER SCIENCE
PHOTOGRAPHY
WEATHER
HEALTH EATING
WOMENS NEWS
BEAUTY
MINDFULNESS
JOB CONSULTANCY
EDUCATION
TUTOR
RESTAURANT
BAR & CAFES
TRAVEL & EVENTS
NEWS & POLITICS
CARS & VEHICLES
ECONOMICS & TRADE
PETS & ANIMALS
GAMING
MOVIES & ANIMATION
PROPERTY
HOME & GARDEN
GIFTS & OCCASIONS
BEAUTY PRODUCTS & SERVICES
BABY & CHILDREN'S PRODUCTS
MANAGEMENT BINARY
Other