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Showing posts with the label AI in Computer Vision

Beyond Pixels: Exploring the AI in Computer Vision Market $45.7 Billion Growth

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With a strong compound annual growth rate (CAGR) of 21.5%, the   AI in Computer Vision Market   is expected to rise from USD 17.2 billion in 2023 to an astounding USD 45.7 billion by 2028. The increasing integration of artificial intelligence (AI) technology with computer vision applications across multiple industries is responsible for this exponential rise. Widespread acceptance of AI has been driven by its transformative influence on improving pattern recognition, visual perception, and image and video analysis. AI in computer vision is being used by sectors including healthcare, automotive, retail, and manufacturing to increase productivity, automate tasks, and facilitate decision-making. The growth trajectory of the market is indicative of the increasing importance of AI-driven visual intelligence in transforming the way businesses function and innovate. Download PDF Brochure:   https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=141658064 The astonishing developments in deep

AI in Computer Vision Market: A $45.7 Billion Perspective for 2028 and Beyond

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The " AI In Computer Vision Market   by Component (Hardware, Software), Function (Training, Inference), Application (Industrial, Non-industrial), End-use Industry (Automotive, Consumer Electronics) and Region - Global Forecast to 2028". The global AI in computer vision market is expected to be valued at USD 17.2 billion in 2023 and is projected to reach USD 45.7 billion by 2028; it is expected to grow at a CAGR of 21.5% from 2023 to 2028. Download PDF Brochure @  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=141658064    Several trends and disruptions are impacting customer businesses in Al computer vision; advancements in deep learning; deep learning is a subfield of machine learning that has revolutionized the field of Al computer vision. With the development of deep learning algorithms and the availability of large datasets, Al computer vision is becoming increasingly accurate and effective. Increased use of edge computing is a distributed computing paradigm that

Innovations in Sight: How AI Is Powering the $45.7 Billion AI in Computer Vision Market

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The   AI In Computer Vision Market  is expected to develop significantly, according to a report titled "AI In Computer Vision Market". It anticipates growth from a value of USD 17.2 billion in 2023 to a sizeable USD 45.7 billion by 2028, representing a solid Compound Annual Growth Rate (CAGR) of 21.5% throughout the projection period. The market's expansion is attributable to elements including the expanding use of computer vision solutions powered by AI in a variety of sectors, including the automotive and consumer electronics industries. Regions, applications (industrial, non-industrial), functions (training, inference), and market components (hardware, software) are all taken into consideration during the analysis. This development underlines the growing impact that AI and computer vision technologies will have on a variety of businesses in the years to come. A number of crucial variables are driving the market for AI in computer vision. The growth of AI-powered comput

Future Perspectives: Influence on the $45.7 Billion AI in Computer Vision Market by 2028

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The   AI in Computer Vision Market  is expected to increase significantly over the next few years, from its estimated value of USD 17.2 billion in 2023 to USD 45.7 billion in 2028. From 2023 to 2028, this translates into a compound annual growth rate (CAGR) of 21.5%. This rise is being driven by the expanding use of artificial intelligence and computer vision technologies across a variety of industries as businesses realise their potential to improve workflow, increase efficiency, and enable cutting-edge applications. Download PDF Brochure @  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=141658064 Artificial intelligence-based computer vision, which automatically extracts, analyses, and comprehends data from images, has emerged as a key technology in industrial automation and is being used in a variety of manufacturing industries. Several industries, including automotive, consumer products, healthcare, security & surveillance, and others, are served by AI in the computer

The Future of AI in Computer Vision Market: Opportunities and Challenges

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The   AI in Computer Vision Market   is expected to increase between 2023 and 2028, according to the research "AI in Computer Vision Market". By component (hardware and software), function (training and inference), application (industrial and non-industrial), end-use industry (automotive, consumer electronics, and others), and region, the market is analysed. The analysis estimates that the market for artificial intelligence in computer vision will be worth USD 17.2 billion in 2023 and USD 45.7 billion by 2028, expanding at a CAGR of 21.5% throughout this time. The demand for computer vision technology is rising across a number of industries, including the automotive, consumer electronics, and healthcare sectors, among others. NVIDIA Corporation (US), Intel Corporation (US), Microsoft (US), IBM Corporation (US), Qualcomm Technologies Inc. (US), Advanced Micro Devices, Inc (US), Alphabet, Inc. (US), Amazon (US), Basler AG (Germany), Hailo (US), and Groq, Inc. (US). The other co

Exploring the Rapidly Expanding AI in Computer Vision Market

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A thorough overview of the global market for computer vision systems powered by AI is provided in the   AI in Computer Vision Market   research. According to components, machine learning models, functions, applications, end-use industries, and geographical areas, the market is divided into segments in the report. The increasing demand for quality inspection and automation, the rising need for ASICs and government initiatives to support industrial automation and the integration of AI into edge devices, as well as the rising demand for computer vision systems in non-traditional and emerging applications, are all major factors driving the growth of the AI in computer vision market, according to the report. Key Players The AI in Computer Vision Market is dominated by players such as NVIDIA Corporation (US), Intel Corporation (US), Microsoft (US), IBM Corporation (US), Qualcomm Technologies Inc. (US), and others. Download PDF Brochure @  https://www.marketsandmarkets.com/pdfdownloadNew.asp?

Training Function to Grow at a Higher CAGR in AI in Computer Vision Market, Projected to Reach $51.3 Billion by 2026

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By 2026, it is anticipated that the   AI in Computer Vision Market   would be worth USD 51.3 billion. The rise in demand for computer vision systems in novel and developing applications, such as quality control and automation, is credited with driving the market expansion. Government measures to assist industrial automation and the integration of artificial intelligence (AI) into edge devices, as well as the demand for application-specific integrated circuits (ASICs), are additional factors predicted to fuel market expansion. However, the market for AI in Computer Vision may be constrained by the escalating security issues around cloud-based image processing and analytics. The hardware and software that make up computer vision applications are divided into different market segments. From 2021 to 2026, the CAGR for the software segment is anticipated to be higher, indicating faster growth. Individuals can interact with a camera and manufacturing line using the software tools and a varie

AI in Computer Vision Market Size, Share, Business Growth, Top Key Players Update, Forecast to 2026

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The   AI in Computer Vision Market  is estimated to be valued at  USD 15.9 billion  in 2021 and reach  USD 51.3 billion  by 2026; it is anticipated to grow at a CAGR of 26.3% during the forecast period (2021–2026). Key Players: The AI in computer vision market was dominated by, NVIDIA (US), Microsoft Corp. (US), Intel Corporation (US), IBM Corporation (US) and Qualcomm Technologies, Inc. (US). The major factors driving the growth of AI in computer vision market are growing need for quality inspection and automation, increasing demand for computer vision systems in non-traditional and emerging applications, and rising need for ASICs and government initiatives to support industrial automation and integration of AI into the edge devices. However, several factors, such as rising security concerns related to cloud-based image processing and analytics can act as a key challenge in the market during the forecast period. Download PDF Brochure @  https://www.marketsandmarkets.com/pdfdownloadNew

AI in Computer Vision Market Size, Growth, Trends and Forecast 2026

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According to estimates, the   AI in Computer Vision Market   would be worth USD 15.9 billion in 2021 and USD 51.3 billion in 2026, growing at a CAGR of 26.3%. The primary drivers of the market's expansion are the increased need for ASICs, quality inspection and automation, computer vision systems in novel and developing applications, and quality inspection. Government programmes to encourage industrial automation and the integration of AI into edge devices are also anticipated to open up lucrative potential for market participants in computer vision AI. However, growing security worries about image processing and analytics in the cloud are anticipated to hamper industry expansion. NVIDIA (US), Intel Corp. (US), Microsoft Corp. (US), IBM Corp. (US), and Qualcomm (US) controlled the AI in Computer Vision market in 2020.  The top 5 players in the AI in computer vision market mostly used product launches, new innovations, collaborations, and acquisitions to expand their client bases an