Global AI in Computer Vision Market

Mar 2020| VMR1748A| Verified Market Research

Report Highlights

AI in Computer Vision Market

According to Verified Market Research, Global AI in Computer Vision Market was valued at USD 3.32 Billion in 2018 and is projected to reach USD 68.11 Billion by 2026, growing at a CAGR of 45.64 % from 2019 to 2026.

Global AI in Computer Vision Market Outlook

The increasing adaption of artificial intelligence owing to the innovations in the technologies in the various automotive applications, business verticals, and modeling the environment such as medical image analysis are the major factors contributes to the growth of the market. In addition, the rising demand for edge computing in mobile devices and the effectiveness of artificial intelligence in the machine vision tend to propel the market growth. Furthermore, the adaption of the computer vision system in conventional and emerging applications is another factor driving the market. However, the insufficient expertise, lack of technical knowledge and security concerns related to the cloud-based image processing are some factors expected to hamper the growth of the market.

Global AI in Computer Vision Market Competitive Landscape

The Global AI in Computer Vision Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as Wikitude, NVIDIA, Intel, Qualcomm, General Electric, Xilinx, Inc., Apple Inc., Alphabet, Microsoft Corporation, and Facebook, Inc.

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