Computer Vision Market, Segment Research Study And Top Key Players Analysis | Key Player United States, Canada, And Mexico. Europe
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Market Scenario:
The computer vision technology landscape continues to undergo a
relentless transformation, creating new application opportunities concurrently.
In 2017, the market for computer vision stood at over USD 9,200 Mn and is
expected to surpass a valuation of USD 48,300 Mn by 2023. Computer Vision is an
advanced technology with high potential and is expecting the future to look
brighter. Computer vision is a steppingstone in moving towards future features
such as getting computers to view, picture, and identify real-world objects
accurately. Integration of deep learning and artificial intelligence with
computer vision dramatically increases technical efficiency. It allows faster
adoption of computer vision systems in several industrial verticals.
The COVID-19 outbreak is impacted positively on computer vision. It is a
great opportunity for the key players to develop advanced innovations to detect
and control viruses. Worldwide, due to the imposed lockdowns and to see and
study the virus, healthcare institutions invest in Artificial Intelligence (AI)
in computer vision. Computed Tomography (CT scan), was developed by Alibaba’s
Research Institute Damo Academy, with an aim to detect new coronavirus cases
with the chest.
This system includes multiple techniques like image
processing, statistical pattern classification, etc. Moreover, computer vision
algorithms provide specialized adaption and enhancements useful in navigation
procedures in several industries like human-machine interactions, medical image
analysis, self-driven vehicles, and inspection.
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Segmentation:
The
global computer vision market has been segmented based on component, end-user,
and application. On the basis of components, the market for computer
vision is segmented based on software and hardware. Additionally, the
market on the basis of application, is segmented into face recognition, gesture
recognition, and character recognition. The global market for computer vision
is also covered based on the end-user segment which is further split into
automotive, agriculture, consumer electronics, entertainment, and others.
Factors
like integration of deep learning and artificial intelligence and fast adoption
of computer vision systems support the computer vision market growth. The
performance of the computer vision market has also been studied for the past
and current years. Additionally, the computer vision market report provides
analysis of these segments. The computer vision market segmental analysis
provided in the report offers major details about the computer vision market
performance and future.
Competitive Outlook:
Companies in the computer
vision market are spread across the world. The computer vision market report
provides major information about regional markets of North America, Europe,
Asia-Pacific (APAC), and the rest of the world. The North American computer
vision market has many companies across the United States, Canada, and Mexico.
Europe has companies in the computer vision market across Germany, France,
Spain, Italy, and the United Kingdom. A detailed analysis of the computer
vision market across India, China, and Japan in the Asia-Pacific region is also
presented in the report. The computer vision market of the Middle East, Africa,
and other regions has also been studied by analysts. The regional analysis of
the computer vision market can be found in the market research report.
Regional Analysis:
The computer vision
market is supported by benefits such as high degree of accuracy and
reliability. The population growth around the world and increasing demand of
computer vision market-based services and products also support the market
growth. However, the computer vision market growth can be affected due to lack
of efficacy of the technology. The report covers all such details which will
help companies in the computer vision market to strengthen their business plan
and improve their product portfolio. The computer vision market research report
also provides company profiles of major companies. The company profile of
organizations operating in the computer vision market discusses strategies,
growth plans, size, revenue, and mergers and acquisition details of top
companies in the computer vision market. New entrants and established players
can plan their strategies based on this data provided in the computer vision
market research report.
Industry News
Cox
Automotive has purchased Fyusion, a machine vision company and a pioneer in
automobile and other markets across virtual car mapping technologies. In this
deal, Manheim and Fyusion are working together for years to provide the latest
smartphone imaging and condition capturing software for consumers in the
Manheim ExpressTM App. This acquisition is now possible in Germany.
Table of Contents:
1 Executive
Summary
2 Scope of the
Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Research objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
Continued….
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List of Tables
TABLE 1 GLOBAL COMPUTER VISION
MARKET, BY COMPONENT, 2020-2027 (USD MILLION)
TABLE 2 GLOBAL COMPUTER VISION
MARKET, BY APPLICATION, 2020-2027 (USD MILLION)
TABLE 3 GLOBAL COMPUTER VISION
MARKET, BY VERTICAL, 2020-2027 (USD MILLION)
Continued…
List of Figures
FIGURE 1 TOP DOWN & BOTTOMUP
APPROACH
FIGURE 2 FORECAST MODEL
FIGURE 3 VALUE CHAIN ANALYSIS
Continued…
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