Industry Overview
Artificial Intelligence (AI) in computer vision market is growing at a CAGR of 36.1% during the forecast period (2025-2035). Advances in hardware technology have also become a major factor that has encouraged the advancement of Al-assisted computer vision methods. GPUs, TPUs, and edge devices have undergone revolutionary technological transformation, increasing computational speed and efficiency. These developments in overall AI hardware enable profound architectures in neural networks and large machine learning algorithms to process visual data. For instance, in December 2024, Intel Corp. launched the new Intel Arc B-Series GPUs such as Intel Arc B580 and B570. These are also based on such a strategy and are emphasized to provide the industry’s top performance value and are designed to accelerate Al’s workload.
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Recent Developments
- In November 2024, Intel Corp. launched a new version, Intel OpenVINO 2024.5 that develops the AI in computer vision with optimized runtimes for Intel hardware and improved support for large language models. It facilitates seamless AI deployment to cloud, edge, and local environments for vision applications.
- In November 2024, Texas Instruments Inc. announced the TMS320F28P55x and F29H85x microcontroller series, combining edge AI with advanced real-time control functionality. The MCUs improve decision-making speed, fault detection performance, and safety compliance for automotive and industrial applications, while developing system efficiency and sustainability.
- In October 2024, Teledyne FLIR LLC introduced Prism AIMMGen, an ITAR-free AI model generation service, which simplifies the production of AI and ML models by utilizing synthetically produced data. This new device lowers the cost and development timelines by producing millions of annotated synthetic images, allowing for quick fine-tuning of models for commercial, defense, and first-response applications.
- In September 2024, Basler AG launched pylon AI, an innovative AI image analysis software for precise and efficient applications. Performance benchmarking and no programming needed are features of the pylon AI, making it easy to enter advanced image analysis for multiple industries.
Some of the Key Companies in the Artificial Intelligence in Computer Vision Market include-
- Algolux, Inc.
- Allied Vision Technologies GmbH
- com, Inc.
- Apple Inc.
- Basler AG
- Cognex Corp.
- Datagen
- Google LLC
- Graphcore Ltd.
- IBM Corp.
- Intel Services
- Meta Platforms, Inc. (Facebook)
- Microsoft Corp.
- Nvidia Corp.
- Qualcomm Inc.
- Ultraleap Ltd.
- VizSeek
Artificial Intelligence in Computer Vision Market Segmentation Analysis
Global AI in Computer Vision Market by Component
- Hardware
- Software & Services
Global AI in Computer Vision Market by Application
- Industrial
- Non-industrial
Global AI in Computer Vision Market by End User
- Automotive & Transportation
- Healthcare
- Manufacturing
- Consumer Electronics
- Others (Security & Surveillance, Agriculture, and Retail)
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- ASEAN Economies (Singapore, Thailand, Vietnam, Indonesia, and Other)
- Australia and New Zealand
- Rest of Asia-Pacific
- Rest of the World
- Latin America
- Middle East and Africa
Anurag Tiwari
Director Sales Division
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info@omrglobal.com
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