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MarketsandMarketsTM recently released a new market research report titled " AI in Computer Vision Market   With Covid-19 Impact by Component, Machine Learning Models, Function, Application (Industrial, Non-Industrial), End-Use Industry (Security & Surveillance, Consumer Electronics) and Geography - Global Forecast to 2026". 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). The increasing need for computer vision systems in novel and emerging applications, the rising requirement for ASICs, and government measures to assist industrial automation and the integration of AI into edge devices are the main factors propelling the expansion of the AI market for computer vision. The market, however, may face significant challenges throughout the forecast period due to a number of factors, including escalating security concern

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 and innovate on their produ

Key Players In 2020, the  AI in Computer Vision Market  was dominated by NVIDIA (US), Intel Corp. (US), Microsoft Corp. (US), IBM Corp. (US) and Qualcomm (US). Software is projected to witness the highest CAGR for the forecast period Software are expected to hold a major share and is expected to grow at a higher CAGR during the forecast period. Software tools, combined with a suite of computer vision software allow an individual to interface with a camera and a production line and automatically perform image improvement, location analysis, flaw detection, character verification, character recognition, symbol recognition, and several other functions. Non-industrial to account for the largest share of AI in Computer Vision Market during the forecast period In the non-industrial market, the growing demand for camera-enabled smartphones at both front and rear ends is driving the market for AI in computer vision, especially in the consumer segment. However, the industrial segment is expecte

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, at a CAGR of 26.3%. The growing need for quality inspection and automation, increasing demand for computer vision systems in non-traditional and emerging applications, and rising need for ASICs are the key factors driving the growth of the market. Likewise, government initiatives to support industrial automation and integration of AI into edge devices are expected to create lucrative opportunities for the players in the AI in Computer Vision Market. However, rising security concerns related to cloud-based image processing and analytics are expected to restraint market growth. In 2020, the AI in Computer Vision Market was dominated by NVIDIA (US), Intel Corp. (US), Microsoft Corp. (US), IBM Corp. (US), and Qualcomm (US). The major strategies adopted by the top 5 players in the AI in computer vision market included product launches and developments, collaboration

The Global   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). 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. Key Players In 2020, the AI in Computer Vision Market was dominated by NVIDIA (US), Intel Corp. (US), Microsoft Corp. (US), IBM Corp. (US) and Qualcomm (US). Software is projected to witness the highest CAGR for the forecast period Software are expect