The AI in Computer Vision Market

Artificial intelligence (AI) is the ability of a computer to manage information and produce results in decision making, learning and solving problems, in such as way that mimic the thought process of humans. Computer vision is the area of computer science which has emphasized on mimicking the complexity of the human vision system and on allowing computers to recognize and process objects in images and videos such as humans. The key factor propelling the AI in computer vision market is the surging demand for merged reality. The computer vision software takes VR and AR to the next phase of development which is known as Merged Reality (MR). The VR and AR systems can understand the atmosphere and direct the user away from barriers such as walls, products or other users; identify the movement of the eye and body of the user and adopt the VR environment accordingly; and offer guidance and directions with the help of external environment by plotting cameras and sensors, as well as eye tracking solutions and gyroscopes to locate the user. On the other hand, the cloud data storage, such as data theft, data breaches and unavailability of cloud data, are highly increasing which can impede the market growth.

In addition, computer vision systems are having huge demand in unconventional and developing applications which is propelling the market growth. Computer vision systems are used in different industries for things such as identification, inspection, measuring and product location. Apart from these applications, all AI-powered vision systems can develop new ones, such as 3D model creation, medical imaging, automotive safety, retail, optical character recognition, surveillance, and traffic monitoring, morphing and augmented reality. Vision computer systems and software are being developed for new applications in healthcare, security and surveillance, traffic management, postal and logistics and document processing. Developed players are anticipated to benefit in the future by creating application-specific AI-powered computer vision systems in-house. Moreover, the artificial intelligence in computer vision solutions is estimated to have major development potential in fields such as consumer electronics and security and surveillance.

The global AI in Computer Vision Market is segregated on the basis of Offering as Hardware and Software. Based on Machine Learning Model the global AI in Computer Vision Market is segmented in Supervised Learning, Unsupervised Learning and Reinforcement Learning. Based on Application the global AI in Computer Vision Market is segmented in Non-industrial and Industrial. Based on End-use Industry the global AI in Computer Vision Market is segmented in Automotive, Consumer Electronics, Healthcare, Retail, Security & Surveillance and Manufacturing.

The global AI in Computer Vision Market report provides geographic analysis covering regions, such as Europe, North America, Asia Pacific, and Rest of The World. The AI in Computer Vision Market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

Competitive Analysis

Algolux, Nvidia, AMD, AMP Robotics, Athena Security, AWS, Basler and others are among the major players in the global AI in Computer Vision Market. The companies studied in terms of product strategy and various n several growth and expansion strategies to gain a competitive edge in the market. The major players not only follow value chain integration with business operations in multiple stages of the value chain.

• In April 2021, NVIDIA declared the next-generation AI-powered processor for autonomous vehicles, NVIDIA DRIVE Atlan, which can convey more than 1,000 trillion operations per second (TOPS). The NVIDIA DRIVE Atlan system-on-a-chip is the latest extent to NVIDIA’s centralized compute roadmap for autonomous vehicles, and it combines AI and software with the latest in computing, networking, and security for exceptional levels of performance and security
• In April 2021, NVIDIA launched a new set of NVIDIA-Certified System, making AI available for organizations which run their applications on industry-standard enterprise data center infrastructure. This new class consists of high-volume enterprise servers from top manufacturers which can operate the NVIDIA AI Enterprise software suite and is exclusively certified for VMware sphere 7, referred as the world’s most highly used compute virtualization platform.
• In October 2020, Intel's Myriad 2 Vision Processing Unit has introduced onboard artificial intelligence to satellites on a system which is offered by Ubotica Technologies and incorporated with a hyperspectral-thermal camera from cosine measurement and systems.
• The global AI in Computer Vision Market is segregated on the basis of component as Industrial Sensors, Industrial Robots, Industrial 3D Printers and Machine Vision Systems. Based on Solution the global AI in Computer Vision Market is segmented in Manufacturing Execution System (MES), Plant Asset Management (PAM), SCADA, Industrial Safety and Others. Based on Industry Vertical the global AI in Computer Vision Market is segmented in Automotive, Semiconductor & Electronics, Chemicals & Pharmaceuticals, Food & Beverages, Oil & Gas, Aerospace & Defense, Medical Devices and Others.
• The global AI in Computer Vision Market report provides geographic analysis covering regions, such as Europe, North America, Asia Pacific, and Rest of The World. The AI in Computer Vision Market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

The global AI in Computer Vision Market has been segmented as below:

AI in Computer Vision Market, By Offering

• Hardware
• Software

AI in Computer Vision Market, By Machine Learning Model

• Supervised Learning
• Unsupervised Learning
• Reinforcement Learning

AI in Computer Vision Market, By Application

• Non-industrial
• Industrial

AI in Computer Vision Market, By End-use Industry

• Automotive
• Consumer Electronics
• Healthcare
• Retail
• Security & Surveillance
• Manufacturing

AI in Computer Vision Market, By Region

• Europe
• North America
• Asia Pacific
• Rest of The World

AI in Computer Vision Market, By Company

• Algolux
• Nvidia
• AMD
• AMP Robotics
• Athena Security
• AWS
• Basler
• Ceva, Inc.
• Creative Virtual
• Curemetrix
• Facebook
• Google
• Graphcore
• Groopic
• Groq
• Hailo
• IBM
• Inspekto
• Intel
• Leap Motion
• Lionbridge AI
• Microsoft

The report covers the below scope:

• Global AI in Computer Vision Market sizes from 2020 to 2026, along with CAGR for 2020-2026
• Market size comparison for 2019 vs 2026, with actual data for 2019, estimates for 2019 and forecast from 2020 to 2026
• Global AI in Computer Vision Market trends, covering comprehensive range of consumer trends & manufacturer trends
• Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global AI in Computer Vision Market
• Major market opportunities and challenges in forecast timeframe to be focused
• Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
• Comprehensive company profiles of the key industry players

The years considered for the study are as follows:

• Base year - 2019
• Estimated year - 2019
• Projected year - 2020
• Forecast period - 2021 to 2026

Report Scope:

The global AI in Computer Vision Market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global AI in Computer Vision Market share. Major industry players with significant revenue share include Algolux, Nvidia, AMD, AMP Robotics, Athena Security, AWS, Basler and others.

Why to Buy this Report:

• Gain detailed insights on the AI in Computer Vision industry trends
• Find complete analysis on the market status
• Identify the AI in Computer Vision Market opportunities and growth segments
• Analyse competitive dynamics by evaluating business segments & product portfolios
• Facilitate strategy planning and industry dynamics to enhance decision making

Target Audience:

• The report targeted towards the existing players in the industry is as follows:
• Market Manufacturers/Service Providers
• Market Wholesale/Traders
• Investment and Financial Institutions

Free and Paid Customization based on the requirement

1.      Introduction

1.1.       Key Points

1.2.      Report Description

1.3.      Markets Covered

1.4.      Stakeholders

2.     Research Methodology

2.1.      Research Scope

2.2.     Research Methodology

2.2.1.     Market Research Process

2.2.2.    Research Methodology

2.2.2.1.           Secondary Research

2.2.2.2.          Primary Research

2.2.2.3.          Models for Estimation

2.3.     Market Size Estimation

2.3.1.     Bottom-Up Approach

2.3.2.    Top-Down Approach

3.     Executive Summary

4.    Market Overview

4.1.      Introduction

4.2.     Drivers

4.3.     Restraints

4.4.     Opportunities

4.5.     Challenges

5.     AI in Computer Vision Market, By Offering

5.1.      Key Points

5.2.  Hardware

5.3.  Software

6.    AI in Computer Vision Market, By Machine Learning Model

6.1.      Key Points

6.2. Supervised Learning

6.3. Unsupervised Learning

6.4. Reinforcement Learning

7.     AI in Computer Vision Market, By Application

7.1.      Key Points

7.2.  Non-industrial

7.3.  Industrial

8.    AI in Computer Vision Market, By End-use Industry

8.1.      Key Points

8.2. Automotive

8.3. Consumer Electronics

8.4. Healthcare

8.5. Retail

8.6. Security & Surveillance

8.7.  Manufacturing

9.    Competitive Landscape

9.1.      Introduction

9.2.     Start-up companies- AI in Computer Vision Market

9.3.     Recent Developments

9.3.1.     Mergers & Acquisitions

9.3.2.    New Product Developments

9.3.3.    Portfolio/Production Capacity Expansions

9.3.4.    Joint Ventures, Collaborations, Partnerships & Agreements

9.3.5.     Others

10.            Company Profile

10.1.     Algolux

10.2.    Nvidia

10.3.    AMD

10.4.    AMP Robotics

10.5.    Athena Security

10.6.    AWS

10.7.     Basler

10.8.    Ceva, Inc.

10.9.    Creative Virtual

10.10.Curemetrix

10.11.  Facebook

10.12. Google

10.13. Graphcore

10.14. Groopic

10.15. Groq

10.16. Hailo

10.17. IBM

10.18.Inspekto

10.19. Intel

10.20.    Leap Motion

10.21. Lionbridge AI

10.22.     Microsoft