Computer Vision Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

A computer vision system obtains, processes, and examines real-world images to produce symbolic data, often in the form of a decision. Every application requires a specific adaption and improvement to the computer vision algorithm, although quite a few fundamental blocks of algorithms are common. Being a research technology for the past few years, computer vision is now being designed in an extensive range of applications, including automotive, security and surveillance, consumer, medical, industrial, and entertainment.

MARKET DYNAMICS

The increasing scope of vision-guided robotic systems and strictness in quality inspection and assurance of industrial products are the prime factors driving the growth of the computer vision market. However, low penetration of computer vision in certain industries and the existence of diverse and selective end-user requirements are some of the factors restraining the growth of the computer vision market. Developments AI (artificial intelligence) technology has fueled the growth of the computer vision market.

MARKET SCOPE

The "Global Computer Vision Market Analysis to 2031" is a specialized and in-depth study of the Computer vision market with a special focus on the global market trend analysis. The report aims to provide an overview of Computer vision market with detailed market segmentation by component, product, applications, vertical. The global Computer vision market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Computer vision market players and offers key trends and opportunities in the Computer vision market.

MARKET SEGMENTATION

The global Computer vision market is segmented on the basis of component, product, applications, vertical. On the basis of component, the market is segmented as hardware, software. On the basis of product, the market is segmented as pc-based computer vision systems, smart cameras-based computer vision systems. On the basis of applications, the market is segmented as quality assurance and inspection, positioning and guidance, measurement, identification, predictive maintenance. On the basis of vertical, the market is segmented as industrial vertical, non-industrial vertical.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Computer vision market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Computer vision market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting Computer vision market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the Computer vision market in these regions.

MARKET PLAYERS

The reports cover key developments in the Computer vision market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Computer vision market are anticipated to lucrative growth opportunities in the future with the rising demand for Computer vision market. Below mentioned is the list of few companies engaged in the Computer vision market.

The report also includes the profiles of key Computer vision market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

•  Cognex Corporation
•  Basler
•  Omron Corporation
•  KEYENCE CORPORATION
•  National Instruments
•  Sony Corporation
•  Teledyne Technologies, Inc.
•  Allied Vision Technologies
•  Texas Instruments, Inc.
•  Intel Corporation

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Computer Vision Report Scope