Artificial intelligence (AI) is the ability of a computer to
manage information and produce results in decision making, learning and solving
problems, in such as way that mimic the thought process of humans. Computer
vision is the area of computer science which has emphasized on mimicking the complexity
of the human vision system and on allowing computers to recognize and process
objects in images and videos such as humans. The key factor propelling the AI in computer
vision market is the surging demand for merged reality. The computer vision
software takes VR and AR to the next phase of development which is known as
Merged Reality (MR). The VR and AR systems can understand the atmosphere and direct
the user away from barriers such as walls, products or other users; identify
the movement of the eye and body of the user and adopt the VR environment accordingly;
and offer guidance and directions with the help of external environment by plotting
cameras and sensors, as well as eye tracking solutions and gyroscopes to locate
the user. On the other hand, the cloud data storage, such as data theft, data
breaches and unavailability of cloud data, are highly increasing which can impede
the market growth.
In addition, computer vision systems are having huge demand
in unconventional and developing applications which is propelling the market
growth. Computer vision systems are used in different industries for things such
as identification, inspection, measuring and product location. Apart from these
applications, all AI-powered vision systems can develop new ones, such as 3D
model creation, medical imaging, automotive safety, retail, optical character
recognition, surveillance, and traffic monitoring, morphing and augmented
reality. Vision computer systems and software are being developed for new
applications in healthcare, security and surveillance, traffic management, postal
and logistics and document processing. Developed players are anticipated to
benefit in the future by creating application-specific AI-powered computer
vision systems in-house. Moreover, the artificial intelligence in computer
vision solutions is estimated to have major development potential in fields
such as consumer electronics and security and surveillance.
The
global AI in Computer Vision Market is segregated on the basis of Offering as Hardware
and Software. Based on Machine Learning Model the global AI in Computer Vision
Market is segmented in Supervised Learning, Unsupervised Learning and Reinforcement
Learning. Based on Application the global AI in Computer Vision Market is
segmented in Non-industrial and Industrial. Based on End-use Industry the
global AI in Computer Vision Market is segmented in Automotive, Consumer
Electronics, Healthcare, Retail, Security & Surveillance and Manufacturing.
The
global AI in Computer Vision Market report provides geographic analysis
covering regions, such as Europe, North America, Asia Pacific, and Rest of The
World. The AI in Computer Vision Market for each region is further segmented
for major countries including the U.S., Canada, Germany, the U.K., France,
Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Analysis
Algolux, Nvidia,
AMD, AMP Robotics, Athena Security, AWS, Basler and others are among the major
players in the global AI in Computer Vision Market. The companies studied in
terms of product strategy and various n several growth and expansion strategies
to gain a competitive edge in the market. The major players not only follow
value chain integration with business operations in multiple stages of the
value chain.
- In April
2021, NVIDIA declared the next-generation AI-powered processor for autonomous
vehicles, NVIDIA DRIVE Atlan, which can convey more than 1,000 trillion
operations per second (TOPS). The NVIDIA DRIVE Atlan system-on-a-chip is the latest
extent to NVIDIA’s centralized compute roadmap for autonomous vehicles, and it combines
AI and software with the latest in computing, networking, and security for exceptional
levels of performance and security
- In April
2021, NVIDIA launched a new set of NVIDIA-Certified System, making AI available
for organizations which run their applications on industry-standard enterprise
data center infrastructure. This new class consists of high-volume enterprise
servers from top manufacturers which can operate the NVIDIA AI Enterprise
software suite and is exclusively certified for VMware sphere 7, referred
as the world’s most highly used compute virtualization platform.
- In
October 2020, Intel's Myriad 2 Vision Processing Unit has introduced onboard
artificial intelligence to satellites on a system which is offered by Ubotica
Technologies and incorporated with a hyperspectral-thermal camera from cosine
measurement and systems.
- The
global AI in Computer Vision Market is segregated on the basis of component as
Industrial Sensors, Industrial Robots, Industrial 3D Printers and Machine
Vision Systems. Based on Solution the global AI in Computer Vision Market is
segmented in Manufacturing Execution System (MES), Plant Asset Management (PAM),
SCADA, Industrial Safety and Others. Based on Industry Vertical the global AI
in Computer Vision Market is segmented in Automotive, Semiconductor &
Electronics, Chemicals & Pharmaceuticals, Food & Beverages, Oil &
Gas, Aerospace & Defense, Medical Devices and Others.
- The
global AI in Computer Vision Market report provides geographic analysis
covering regions, such as Europe, North America, Asia Pacific, and Rest of The
World. The AI in Computer Vision Market for each region is further segmented
for major countries including the U.S., Canada, Germany, the U.K., France,
Italy, China, India, Japan, Brazil, South Africa, and others.
The global AI in Computer Vision Market has been
segmented as below:
AI in
Computer Vision Market, By Offering
AI in
Computer Vision Market, By Machine Learning Model
- Supervised Learning
- Unsupervised Learning
- Reinforcement Learning
AI in
Computer Vision Market, By Application
AI in
Computer Vision Market, By End-use Industry
- Automotive
- Consumer Electronics
- Healthcare
- Retail
- Security & Surveillance
- Manufacturing
AI in
Computer Vision Market, By Region
- Europe
- North America
- Asia Pacific
- Rest of The World
AI in
Computer Vision Market, By Company
- Algolux
- Nvidia
- AMD
- AMP Robotics
- Athena Security
- AWS
- Basler
- Ceva, Inc.
- Creative Virtual
- Curemetrix
- Facebook
- Google
- Graphcore
- Groopic
- Groq
- Hailo
- IBM
- Inspekto
- Intel
- Leap Motion
- Lionbridge AI
- Microsoft
The report
covers the below scope:
- Global AI in Computer Vision Market
sizes from 2020 to 2026, along with CAGR for 2020-2026
- Market size comparison for 2019 vs
2026, with actual data for 2019, estimates for 2019 and forecast from 2020 to
2026
- Global AI in Computer Vision Market
trends, covering comprehensive range of consumer trends & manufacturer
trends
- Value chain analysis covering
participants from raw material suppliers to the downstream buyer in the global AI
in Computer Vision Market
- Major market opportunities and
challenges in forecast timeframe to be focused
- Competitive landscape with analysis
on competition pattern, portfolio comparisons, development trends and strategic
management
- Comprehensive company profiles of
the key industry players
The
years considered for the study are as follows:
- Base year - 2019
- Estimated year - 2019
- Projected year - 2020
- Forecast period - 2021 to 2026
Report
Scope:
The global AI in Computer Vision Market report
scope includes detailed study covering underlying factors influencing the
industry trends. The report covers analysis on regional and country level
market dynamics. The scope also covers competitive overview providing company
market shares along with company profiles for major revenue contributing
companies. The report scope includes detailed competitive outlook covering
market shares and profiles key participants in the global AI in Computer Vision
Market share. Major industry players with significant revenue share include Algolux,
Nvidia, AMD, AMP Robotics, Athena Security, AWS, Basler and others.
Why to
Buy this Report:
- Gain detailed insights on the AI in Computer Vision industry trends
- Find complete analysis on the
market status
- Identify the AI in Computer Vision
Market opportunities and growth segments
- Analyse competitive dynamics by
evaluating business segments & product portfolios
- Facilitate strategy planning and
industry dynamics to enhance decision making
Target
Audience:
- The report targeted towards the existing players in
the industry is as follows:
- Market Manufacturers/Service
Providers
- Market Wholesale/Traders
- Investment and Financial
Institutions
Free
and Paid Customization based on the requirement