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The report " 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" highlights the remarkable growth trajectory of the AI in computer vision market. Valued at USD 17.2 billion in 2023, the market is projected to reach USD 45.7 billion by 2028, reflecting a robust CAGR of 21.5% from 2023 to 2028. This rapid growth is fueled by the increasing adoption of AI-driven computer vision technologies across various industries, including automotive and consumer electronics, which leverage advanced hardware and software components to enhance functionality and operational efficiency. The expansion is further supported by the rising demand for AI-powered applications in both industrial and non-industrial sectors, emphasizing the transformative impact of AI in computer vision on global market dynamics. Download PDF Bro...

The global   AI in Computer Vision Market   is poised for remarkable growth, with its valuation expected to surge from USD 17.2 billion in 2023 to an impressive USD 45.7 billion by 2028. This robust expansion, projected at a compound annual growth rate (CAGR) of 21.5% from 2023 to 2028, underscores the transformative impact of AI technologies in computer vision applications. Download PDF Brochure @  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=141658064 The market's rapid growth is driven by advancements in machine learning algorithms, increasing adoption of AI-powered systems across various industries, and the growing demand for automation and improved accuracy in image and video analysis. From autonomous vehicles to medical diagnostics and industrial automation, AI in computer vision is revolutionizing the way visual data is processed and utilized, paving the way for innovative solutions and enhanced operational efficiencies. Automatic extraction, analysis, a...

The   Artificial Intelligence in Computer Vision   Market is expected to develop at a robust rate of 21.5% over the course of the forecast period, from USD 17.2 billion in 2023 to an astounding USD 45.7 billion by 2028. The expanding use of AI technology in a variety of industries, such as the automotive, healthcare, retail, and security sectors, is what is driving this enormous expansion. Artificial intelligence (AI) and computer vision combined improve the capacity to decipher and evaluate visual information, resulting in advances like driverless cars, sophisticated medical imaging, and improved security systems. Demand for AI-driven computer vision solutions is predicted to soar as sectors continue to embrace digital transformation, propelling market expansion and generating a plethora of chances for technological developments and applications. AI in Computer Vision Market Dynamics: Driver: Increasing demand for automation and efficiency One of the main factors propell...

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 para...

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...

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 too...

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 clien...