Revolutionizing Industries: The Role of AI in Computer Vision Market Growth

Author : Aarti ghodke | Published On : 04 Jul 2024

AI in Computer Vision  Market Report Overview

Computer vision is an artificial intelligence discipline that teaches computers to analyze and comprehend images. Systems can properly recognize and categorize entities incorporating digital pictures from cameras and webcams, as well as deep neural network models, and then respond to what they detect.

 

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AI in Computer Vision  Market Report Scope and Research Methodology

The need for standard inspection and automation is the primary driver of the AI in computer vision market. Industrial businesses all around the world are aiming to boost their automation investments in the post-COVID-19 timeframe since it minimizes the necessity for human involvement in different processes. Furthermore, as industry participants have grasped the relevance of automated quality control in production processes, the demand for it has grown. As a result, Intelligence-based computer vision systems are now widely accepted as an important aspect of long-term automated processes. The application of computer vision in automated manufacturing operations aids in the rapid identification of issues, lowering costs, and improving reaction times.

 

 

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AI in Computer Vision  Market Regional Insights

Over the forecast period, North America AI in computer vision market is expected to witness a CAGR of 6.5%. This increase can be attributed to favorable government measures aimed at promoting the use of computer vision in the province. The revolution has taken AI and computer vision to public health departments for practical testing and implementation. The United States General Services Administration's domain Artificial Intelligence Center of Excellence also assists entities and organizations across the country in developing AI applications by embracing NLP, deep learning, machine vision, robotic process automation, and smart process development.

 

 

AI in Computer Vision  Market Segmentation

AI in computer vision market is booming due to rising consumption for AI-based computer vision applications in consumer devices e.g. smartphones, PCs, and laptops. Universal health care, on the other hand, is expected to witness the fastest growth throughout the projection period, as AI-based computer vision devices are becoming increasingly important in products e.g. radiology and diagnostic imaging.

 

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AI in Computer Vision  Market Key Players

Robotic Vision Technologies (US)
AMP Robotics (US)
Zivid (Norway)
Inspekto (UK)
Creative Virtual (UK)
Trivision (Denmark)
AWS (US)
Xilinx (US)
Google (US)
Facebook (US)

Key questions answered in the Automotive Relay Market are:

  • What is AI in Computer Vision ?
  • What are the global trends in the AI in Computer Vision Market?
  • What are the factors contributing to the final price of AI in Computer Vision ?
  • What are the recent industry trends that can be implemented to generate additional revenue streams for AI in Computer Vision Market?
  • How is the intervention from regulatory authority is shaping the AI in Computer Vision Market?
  • What growth strategies are the players considering to increase their presence in AI in Computer Vision Market?
  • Who held the largest market share in AI in Computer Vision Market?

Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2021)
  • Past Pricing and price curve by region (2018 to 2021)
  • Market Size, Share, Size & Forecast by different segment | 2022−2029
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
  • Market Segmentation – A detailed analysis by segment with their sub-segments and Region
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis
  • Legal Aspects of business by region
  • Lucrative business opportunities with SWOT analysis
  • Recommendations

About Stellar Market Research

Established in 2018, Stellar Market Research is an India-based consulting and advisory firm focused on helping clients reach their business transformation objectives with advisory services and strategic business. The company’s vision is to be an integral part of the client’s business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.

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