AI Vision Market

AI Vision Market – Global Forecast to 2029

Report Code: UC-S 6498 Aug, 2024, by marketsandmarkets.com

The AI vision market, which focuses on integrating artificial intelligence with visual data processing, is witnessing significant growth due to its broad applications across various industries. AI vision involves advanced hardware (including cameras and sensors), sophisticated software algorithms for image processing, and comprehensive services that implement and maintain these systems. Critical use cases include medical imaging in healthcare, autonomous driving in automotive, facial recognition for security, and inventory management in retail. These applications leverage AI to enhance accuracy, efficiency, and decision-making, driving the demand for more advanced and reliable vision systems.

The market is expected to proliferate, driven by several factors. Advancements in AI and machine learning technologies have significantly improved the capabilities of vision systems, making them more accurate and versatile. Increasing demand for automation in various sectors, such as manufacturing and logistics, further propels market growth. Additionally, the rising adoption of smart home devices, smartphones with advanced cameras, and wearable technology is expanding the consumer electronics segment of the AI vision market. As industries seek innovative solutions to enhance productivity and security, the AI vision market is poised for robust expansion in the coming years.

DRIVING FACTORS AND OPPORTUNITIES

Advancements in AI and Machine Learning Technologies: AI and machine learning technologies significantly drive the AI vision market. Enhanced algorithms and powerful computing resources have improved the accuracy and efficiency of vision systems, enabling precise tasks like object detection and real-time image analysis. These improvements have broadened the applications of AI vision in various industries, including healthcare, automotive, and retail, thereby accelerating market growth.

Integration with IoT for Enhanced Applications: Integrating AI vision with the Internet of Things (IoT) presents a significant growth opportunity. This combination enables real-time data collection and analysis, enhancing applications in smart cities for traffic management and in industrial settings for monitoring and predictive maintenance. The interconnectedness offered by IoT and AI vision drives efficiency and innovation, creating new possibilities and expanding the market.

Figure: AI Vison Market -  Global Forecast 2029 (USD Million)

AI Vison Market

TABLE OF CONTENTS
 
1 Introduction 
    1.1. Study Objectives  
    1.2. Market Definition and Scope 
           1.2.1. Inclusions and Exclusions
    1.3. Study Scope 
           1.3.1. Markets Covered
           1.3.2. Geographic Segmentation
           1.3.3. Years Considered for the study
    1.4. Currency 
    1.5. Limitations 
    1.6. Stakeholders 
    1.7. Recession Impact on AI Vision Market 
 
2 Research Methodology 
    2.1. Research Data 
           2.1.1. Secondary Data
                    2.1.1.1. Major Secondary Sources
                    2.1.1.2. Key Data from Secondary Sources
           2.1.2. Primary Data
                    2.1.2.1. Primary Interviews with Experts
                    2.1.2.2. Key Data from Primary Sources
                    2.1.2.3. Key Industry Insights
                    2.1.2.4. Breakdown of Primaries
    2.2. Market Size Estimation 
           2.2.1. Bottom-Up Approach 
                    2.2.1.1. Approach for Capturing Market Share by Bottom-Up Analysis (Demand Side)
           2.2.2.  Top-Down Approach
                    2.2.2.1. Approach for Capturing Market Share by Top-Down Analysis (Supply Side)
    2.3. Market Breakdown and Data Triangulation 
    2.4. Research Assumptions 
    2.5. Risk Assessment 
    2.6. Assumptions of Recession 
    2.7. Limitations of Research 
 
3 Executive Summary 
 
4 Premium Insights 
 
5 Market Overview 
    5.1. Introduction 
    5.2. Market Dynamics 
    5.3. Trends/Disruptions Impacting Customer’s Business 
    5.4. Pricing Analysis 
           5.4.1. Average Selling Price Trend of Key Players, By Component
           5.4.2. Average Selling Price Trend, By Region
    5.5. Value Chain Analysis 
    5.6. Ecosystem Analysis 
    5.7. Investment and Funding Scenario 
    5.8. Funding, By Application 
    5.9. Technology Analysis 
           5.9.1. Key Technology
           5.9.2. Complementary Technology
           5.9.3. Adjacent Technology
    5.10. Patent Analysis 
    5.11. Trade Analysis 
    5.12. Key Conferences and Events (2024-2025) 
    5.13. Case Study Analysis 
    5.14. Tariff and Regulatory Landscape 
           5.14.1. Regulatory Bodies, Government Agencies, and Other Organizations
           5.14.2. Key Regulations
    5.15. Porters Five Force Analysis 
           5.15.1. Threat from New Entrants
           5.15.2. Threat of Substitutes
           5.15.3. Bargaining Power of Suppliers
           5.15.4. Bargaining Power of Buyers
           5.15.5. Intensity of Competitive Rivalry
    5.16. Key Stakeholders and Buying Criteria 
           5.16.1. Key Stakeholders in Buying Process
           5.16.2. Buying Criteria
 
6 AI Vision Market, By Component 
    6.1. Introduction 
    6.2. Sensors 
           6.2.1. Depth Sensors
           6.2.2. Infrared Sensors
    6.3. Cameras 
           6.3.1. High-resolution Cameras
           6.3.2. Thermal Cameras
    6.4. Data Processing Units 
           6.4.1. Graphics Processing Units (GPUs)
           6.4.2. Tensor Processing Units (TPUs)
           6.4.3. Field Programmable Gate Arrays (FPGAs)
           6.4.4. Application-Specific Integrated Circuits (ASICs)
    6.5. Software 
           6.5.1. Image Processing Software
           6.5.2. Machine Learning Algorithm
    6.6. Communication Interfaces 
           6.6.1. WiFi
           6.6.2. Bluetooth
           6.6.3. Cloud
 
7 AI Vision Market, By Technology 
    7.1. Introduction 
    7.2. Machine Learning 
    7.3. Deep Learning 
    7.4. Natural Language Processing (NLP) 
 
8 Future Trends in AI Vision Market 
    8.1. Introduction 
    8.2. Integration with IoT 
    8.3. Edge Computing 
    8.4. Advancement in Sensor Technology 
 
9 AI Vision Market, By Application 
    9.1. Introduction 
    9.2. Image Classification 
    9.3. Object Detection 
    9.4. Facial Recognition 
    9.5. Gesture Recognition 
 
10 AI Vision Market, By Industry 
     10.1. Introduction 
     10.2. Consumer Electronics 
             10.2.1. Smartphones and Tablets
             10.2.2. Wearable Devices
             10.2.3. Gaming Consoles
             10.2.4. Television
             10.2.5. Security Cameras
     10.3. Healthcare 
             10.3.1. Medical Imaging
             10.3.2. Telemedicine
     10.4. Automotive 
             10.4.1. Autonomous Vehicles
             10.4.2. ADAS
     10.5. Retail 
             10.5.1. Customer Behaviour Analysis
             10.5.2. Inventory Management
     10.6. Manufacturing 
             10.6.1. Robotic Automation
             10.6.2. Predictive Maintenance
 
11 AI Vision Market, By Region  
     11.1. Introduction 
     11.2. North America 
             11.2.1. Impact of Recession
             11.2.2. US
             11.2.3. Canada
             11.2.4. Mexico
     11.3. Europe 
             11.3.1. Impact of Recession
             11.3.2. UK
             11.3.3. Germany
             11.3.4. France
             11.3.5. Italy
             11.3.6. Rest of Europe
     11.4. Asia Pacific 
             11.4.1. Impact of Recession
             11.4.2. China
             11.4.3. Japan
             11.4.4. South Korea
             11.4.5. Rest of Asia Pacific
     11.5. RoW 
             11.5.1. Impact of Recession
             11.5.2. Middle East 
                        11.5.2.1. GCC Countries
                        11.5.2.2. Rest of Middle East
             11.5.3. Africa
             11.5.4. South America
 
12 AI Vision Market, Competitive Landscape 
     12.1. Revenue Analysis 
     12.2. Market Share Analysis 
     12.3. Company Valuation and Financial Metrics 
     12.4. Brand/Product Comparison 
     12.5. Company Evaluation Matrix: Key Players, 2023 
             12.5.1. Stars
             12.5.2. Emerging Leaders
             12.5.3. Pervasive Players
             12.5.4. Participants
             12.5.5. Company Footprint: Key Players, 2023
                        12.5.5.1. Company Footprint
                        12.5.5.2. Region Footprint
                        12.5.5.3. Industry Footprint
                        12.5.5.4. Application Footprint
                        12.5.5.5. Technology Footprint
                        12.5.5.6. Component Footprint
     12.6. Company Evaluation Matrix: Startups/SMEs, 2023 
             12.6.1. Progressive Companies
             12.6.2. Responsive Companies
             12.6.3. Dynamic Companies
             12.6.4. Starting Blocks
             12.6.5. Competitive Benchmarking: Startups/SMEs, 2023 
                        12.6.5.1. Detailed List of Key Startups/SMEs
                        12.6.5.2. Competitive Benchmarking of Key Startups/SMEs
     12.7. Competitive Situation and Trends 
 
13 AI Vision Market, Company Profiles  
     13.1. Key Players 
             13.1.1. Alphabet Inc.
             13.1.2. Amazon
             13.1.3. AMD
             13.1.4. Apple
             13.1.5. Basler AG
             13.1.6. Cognex Corporation
             13.1.7. Huawei Technologies
             13.1.8. IBM Corporation
             13.1.9. Intel Corporation
             13.1.10. Keyence Corporation
             13.1.11. Microsoft Corporation
             13.1.12. NVIDIA Corporation
             13.1.13. Omron Corporation
             13.1.14. Qualcomm
     13.2. Other Players 
 
14 Appendix 
     14.1. Discussion Guide 
     14.2. Knowledge Store: MarketsandMarkets’ Subscription Portal 
     14.3. Available Customizations 
     14.4. Related Reports 
     14.5. Author Details 
Note 1: The above list of companies is tentative and might change during the due course of research.   
Note 2: The current table of contents is tentative and is subject to change as we progress with our research.  
 
                         
 

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