Sample_Global_Artificial Intelligence (AI) in Computer Vision _SQMIG45D2063_SkyQuest_2025_V1 (1)

GLOBAL ARTIFICIAL INTELLIGENCE IN COMPUTER VISION MARKET 2019-2032

By Component: Hardware, and Software

By Technology: Facial Recognition, Image Recognition, Speech Recognition

By Business Function: Training, Inference

By Model: Supervised Learning, Unsupervised Learning, Reinforcement Learning

By Vertical: Industrial, and Non-Industrial

By Region: North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

Request for Sample Copy of this Global Artificial Intelligence (AI) in Computer Vision Market : https://www.skyquestt.com/sample-request/ai-in-computer-vision-market PUBLISHED MONTH & YEAR :

December, 2024

Page No.1

MARKET TAXONOMY GLOBAL ARTIFICIAL INTELLIGENCE IN COMPUTER VISON MARKET (USD MILLION) YEARS CONSIDERED : Historical Year – 2019-23 Base Year – 2024 Forecast Year – 2025-32

BY TECHNOLOGY

BY COMPONENT o

Hardware •

o

Processor o

CPU

o

GPU

o

FPGA

o

ASIA

o

Others

BY END USER o

o

Facial Recognition

o

Image Recognition

o

Speech Recognition

BY FUNCTION

Industrial o

Manufacturing

•

Healthcare

•

Security

•

Transportation

•

Energy

•

Retail Business & Legal Services

•

Storage

o

Training

•

•

Memory

o

Inference

•

Semiconductor

•

Motherboard

•

Finance

•

Others hardware component

•

Others

BY MODEL

Software •

On-Premises

•

Cloud o

Software as a Service (SaaS)

o

Platform as a Service (PaaS)

o

Infrastructure as a Service (IaaS)

o

Business Process as a Service Model (BpaaS)

o

Others

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o

o

Supervised Learning

•

Image Compression

•

Object Detection

•

Others

•

Image Classification

•

Others

Unsupervised Learning •

o

Reinforcement Learning

o

Non-Industrial •

Arts and humanities

•

Education

•

Networks

•

Cartography

•

Entertainment

•

Others

Image segmentation

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MARKET TAXONOMY GLOBAL ARTIFICIAL INTELLIGENCE IN COMPUTER VISON MARKET (USD MILLION) YEARS CONSIDERED : Historical Year – 2019-23 Base Year – 2024 Forecast Year – 2025-32 Asia Pacific

North America

Latin America

o China

o US

o Brazil

o Japan

o Canada

o Rest of Latin America

o India o South Korea o Rest of APAC

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o UK

Europe

o Germany o France o Italy

Middle East & Africa o South Africa o GCC Countries o Rest of MEA

o Spain o Rest of Europe

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01

INTRODUCTION OBJECTIVES OF THE STUDY MARKET REGIONAL SCOPE DEFINITION ARTIFICIAL INTELLIGENCE IN COMPUTER VISION (AI) MARKETHISTORIC YEAR: 2019-2024 BASE YEAR: 2024 FORECAST YEAR: 2025-2032 View report summary and Table of Contents (TOC): https://www.skyquestt.com/report/ai-in-computer-vision-market

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OBJECTIVES OF THE STUDY (1/2)

To define, analyze, and forecast the Global Artificial Intelligence In Computer Vision Market Segmentation based on –Component, Technology, Business Function, Model, Vertical and Region

To forecast the market size, in terms of value, for various Segments with respect to four main regions, namely, North America, Europe, Asia Pacific, LATAM, & Middle East & Africa

To provide detailed information regarding the major factors influencing the growth of the Global Artificial Intelligence In Computer Vision Market (drivers, restraints, opportunities, and challenges)

To strategically analyze the micro-markets with respect to the individual growth trends, future prospects, and contribution to the total market

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OBJECTIVES OF THE STUDY (2/2)

To provide a detailed overview of the value chain in the Global Artificial Intelligence In Computer Vision Market and analyze market trends with the Porter’s five forces analysis To analyze the opportunities in the market for various stakeholders by identifying the

high-growth

Segments

of

the

strategically

profile

Global

Artificial

Intelligence In Computer Vision Market

To evaluate the key players and comprehensively analyze their market position in terms of ranking and core competencies, along with detailing the competitive landscape for the market leaders To analyze competitive development such as joint ventures, mergers and acquisitions,

new

product

launches

and

development,

and

research

and

development in the Global Artificial Intelligence In Computer Vision Market

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DEFINITION & SCOPE OF THE STUDY (1/4)

DEFINITION Computer Vision

Computer vision is a type of AI that trains computers to emulate how humans see, make sense of what they see, and act on that processed and analyzed information. Organizations that use computer vision can achieve a variety of business outcomes, including streamlined processes, improved performance, enhanced customer experiences, and greater competitive differentiation in their market.

Supervised Learning

Supervised learning is a type of machine learning algorithm that learns from a set of training data that has been labeled training data. This means that data scientists have marked each data point in the training set with the correct label (e.g., “cat” or “dog”) so that the algorithm can learn how to predict outcomes for unforeseen data and accurately identify objects in new image data.

Common algorithms and techniques in supervised learning include Neural Networks, Support Vector Machine (SVM), Logistic Regression, Random Forest, or Decision Tree algorithms.

Image Classification

Image classification is used for inspecting an image and assigning it a class label based on the content. For example, an image classification model can be used to predict which images contain a dog, cat, or angry customer. in image classification, supervised learning algorithms are used to learn how to assign a class label (e.g., “cat”, “dog”, etc.) to an image.

Object Detection

Object detection for scanning images or videos and finding target objects. Object detection models commonly highlight multiple objects simultaneously and can be used for tasks such as identifying items on shelves for improved inventory management or anomalies in items on a production line. In object detection, supervised learning algorithms are used to learn how to identify and localize objects in images.

Unsupervised learning is a type of machine learning algorithm that doesn’t require any training data with labels. Instead, unsupervised learning algorithms are fed a set of data and they learn to automatically group similar items or find patterns in the data.

Unsupervised Learning

Image Segmentation

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This means that unsupervised learning algorithms can be used for tasks such as image segmentation, dimensionality reduction, and clustering.

Examples of unsupervised methods include algorithms such as K-means clustering, Principal Component Analysis, Hierarchical clustering, or Semantic clustering.

Image segmentation is used for identifying objects and extracting them from their background, such as isolating a tumor from surrounding brain tissue in Xray results. In image segmentation, unsupervised learning algorithms are used to automatically group similar pixels into coherent objects in an image.

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DEFINITION & SCOPE OF THE STUDY (2/4)

SCOPE: COMPONENT This segment covers the physical components involved in AI-powered computer vision systems. It includes processors such as CPUs, GPUs, FPGAs, and ASIs, which perform the heavy computational tasks necessary for AI algorithms. Storage and memory components store and process the data required for machine

Hardware Component

learning, while motherboards connect and manage the various hardware elements. Other hardware components might include sensors, cameras, and integrated circuits that enable vision-based applications. These hardware components are crucial for enabling efficient data processing, real-time analysis, and deployment of computer vision solutions.

This segment covers the software elements essential for AI-driven computer vision. It includes on-premises software, where applications and models are run locally, ensuring complete control and data security. Cloud-based solutions are increasingly popular, offering Software as a Service (SaaS), Platform as a

Software Component

Service (PaaS), Infrastructure as a Service (IaaS), and Business Process as a Service (BPaaS) models. These software solutions provide the flexibility of scaling, remote access, and reduced infrastructure costs. The choice of on-premises or cloud software depends on factors like data sensitivity, computational needs, and deployment scale..

SCOPE: COMPONENT Facial Recognition

Image Recognition

Speech Recognition

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This segment covers technology used to identify or verify individuals based on facial features. It captures unique facial patterns and analyzes them using computer vision algorithms. Applications include security systems and personal devices.

This segment involves technology that identifies and classifies objects in images using AI and deep learning models. It is used in fields like healthcare, retail, and autonomous vehicles for object detection and scene analysis.

This segment includes technology that converts spoken language into text. It is used in voice assistants, transcription services, and voice-controlled devices, powered by AI and natural language processing.

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DEFINITION & SCOPE OF THE STUDY (3/4)

SCOPE: FUNCTION This segment covers the process of teaching AI models using labeled datasets to recognize patterns, make predictions, or classify data. During training, the

Training

model learns from large amounts of data, adjusting parameters to improve its accuracy. It requires significant computational power and time to optimize the model, typically using algorithms like deep learning and machine learning.

This segment refers to the phase where a trained AI model makes real-time predictions or classifications based on new, unseen data. Inference is the

Inference

deployment stage where the model is applied to solve specific tasks, such as object detection or language translation, often with low latency and minimal resource consumption.

SCOPE: MODEL This segment covers AI models trained on labeled data to predict outcomes. The model learns from input-output pairs, making it ideal for tasks like object

Supervised Learning

detection, where the model identifies specific objects in images, and image classification, where it categorizes images into predefined classes. Other supervised learning tasks include facial recognition and speech recognition, where the model is trained on labeled datasets to make accurate predictions.

This segment includes AI models that analyze data without labeled outcomes. It focuses on discovering hidden patterns in data. Common tasks include

Unsupervised Learning

image segmentation, which involves dividing images into meaningful regions, and image compression, where the model reduces image file size while maintaining quality. Other unsupervised learning applications include clustering and anomaly detection.

Reinforcement Learning

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This segment refers to models that learn through interaction with their environment, using trial and error. In reinforcement learning, the model is trained to make decisions by receiving feedback in the form of rewards or penalties, often used in areas like robotics, gaming, and autonomous vehicles.

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DEFINITION & SCOPE OF THE STUDY (4/4)

SCOPE: VERTICAL This segment covers AI applications in various industrial sectors, including manufacturing, where AI optimizes production processes and quality control. In

Industrial

healthcare, AI aids in medical imaging and diagnostics. Security uses AI for surveillance and threat detection, while transportation employs it for autonomous vehicles and logistics. Energy leverages AI for efficient power management, and retail uses it for inventory tracking and customer insights.

Other sectors like business & legal services, semiconductor, and finance apply AI for automation, analysis, and decision-making.

This segment includes AI applications in non-industrial sectors like arts and humanities, where AI assists in creative processes and content generation. In

Non-Industrial

education, AI personalizes learning experiences, while networks use it for optimizing connectivity. Cartography utilizes AI for map creation and spatial analysis. Entertainment leverages AI for content recommendation and gaming. Other non-industrial sectors explore AI for various innovative and specialized use cases.

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TABLE OF CONTENTSARTIFICIAL INTELLIGENCE IN COMPUTER VISION (AI) MARKETHISTORIC YEAR: 2019-2024 BASE YEAR: 2024 FORECAST YEAR: 2025-2032 Want to customize this report? Ask here : https://www.skyquestt.com/speak-with-analyst/ai-in-computer-vision-market

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TA BL E OF C O NT EN TS www.skyquestt.com

1.Introduction

4.4.1. Competitive rivalry

1.1.Objectives of the Study

4.4.2. Threat of substitute

1.2. Scope of the Report

4.4.3. Bargaining power of buyers

1.3. Definitions

4.4.4.Threat of new entrants

2.Research Methodology

4.4.5.Bargaining power of suppliers

2.1. Information Procurement

5. Key Market Insights

2.2.Secondary & Primary Data Methods

5.1. Key Success Factors

2.3.Market Size Estimation

5.2.Degree of Competition

2.4.Market Assumptions & Limitations

5.3.Regulatory Analysis

3. Executive Summary

5.4.Startup Analysis

3.1. Global Market Outlook

5.5.Patent Analysis

3.2.Supply & Demand Trend Analysis

5.6.Pricing Analysis

3.3.Segmental Opportunity Analysis

5.7.Value Chain Analysis

4. Market Dynamics & Outlook

5.8.Comparative analysis of Cost Structure in CV Implementation

4.1. Market Overview

5.9.Top Investment Pocket

4.2.Market Size

5.10. Case Study Analysis

4.3.Market Dynamics

5.11.Technology Analysis

4.3.1. Driver & Opportunities

5.12. Macroeconomic Indicator

4.3.2. Restraints & Challenges

5.13. PESTLE Analysis

4.4.Porters Analysis & Impact

5.14. Market Attractiveness Index

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5.15. Ecosystem Mapping

6.2.2.5.Others

6. Global Artificial Intelligence in Computer Vision Market Size by Product (2019-2032)

7.Global Artificial Intelligence in Computer Vision Market Size by Technology (2019-2032)

6.1. Hardware

7.1. Facial Recognition

6.1.1.Processor

7.2.Image Recognition

6.1.1.1. CPU

7.3.Speech Recognition

6.1.1.2.GPU

8. Global Artificial Intelligence in Computer Vision Market Size by Function (2019-2032)

6.1.1.3.FPGA

8.1. Training

6.1.1.4.ASIA

8.2.Inference

6.1.1.5.Others

9. Global Artificial Intelligence in Computer Vision Market Size by Model (2019-2032)

6.1.2. Storage

9.1. Supervised Learning

6.1.3. Memory

9.1.1.Object Detection

6.1.4.Motherboard

9.1.2. Image Classification

6.1.5.Others hardware component

9.1.3. Others

6.2.Software

9.2.Unsupervised Learning

6.2.1. On-Premises

9.2.1. Image segmentation

6.2.2. Cloud

9.2.2. Image Compression

6.2.2.1. Software as a Service (SaaS)

9.2.3. Others

6.2.2.2.Platform as a Service (PaaS)

9.3.Reinforcement Learning

6.2.2.3.Infrastructure as a Service (IaaS)

10.Global Artificial Intelligence in Computer Vision Market Size by Vertical (2019-2032)

6.2.2.4.Business Process as a Service Model (BpaaS)

10.1.Industrial

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10.1.1.Manufacturing

11.1.2.Canada

10.1.2. Healthcare

11.2. Europe, (By Component, By Technology, By Function, By Model,

By Vertical)

10.1.3. Security

11.2.1.U.K.

10.1.4.Transportation

11.2.2. Germany

10.1.5.Energy

11.2.3. Spain

10.1.6.Retail

11.2.4. France

10.1.7. Business & Legal Services

11.2.5. Italy

10.1.8.Semiconductor

11.2.6. Rest of Europe

10.1.9.Finance

11.3. Asia-Pacific, (By Component, By Technology, By Function, By Model, By Vertical)

10.1.10. Others

11.3.1.China

10.2. Non-Industrial

11.3.2. India

10.2.1. Arts and humanities

11.3.3. Japan

10.2.2.Education

11.3.4. South Korea

10.2.3.Networks

11.3.5. Rest of Asia Pacific

10.2.4.Cartography

11.4. Latin America, (By Component, By Technology, By Function, By Model, By Vertical)

10.2.5.Entertainment

11.4.1.Brazil

10.2.6.Others

11.4.2. Rest of Latin America

11. Global Artificial Intelligence in Computer Vision Market Size By Region (2019-2031)

11.5. Middle East & Africa, (By Component, By Technology, By Function, By Model, By Vertical)

11.1.North America, (By Component, By Technology, By Function, By Model, By Vertical)

11.5.1.GCC Countries

11.1.1. U.S.

11.5.2. South Africa

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11.5.3. Rest of Middle East & Africa

13.13. Alphabet Inc

12.Competitive Intelligence

13.14. Qualcomm Incorporated

12.1.Top 5 Player Comparison

13.15. OpenAI

12.2. Market Positioning of Key Players, 2024

13.16. Basler AG

12.3. Strategies Adopted by Key Market Players

13.17. Groq, Inc.

12.4. Recent Developments in the Market

13.18. SAP SE

12.5. Company Market Share Analysis, 2024

13.19. Cognex Corporation

13.Company Profiles

13.20.Teledyne Technologies Incorporated

13.1.NVIDIA Corp

13.21. Zebra Technologies Corporation

13.2. Intel Corp

13.22.Eyepop.AI

13.3. Microsoft Corp.

14.Conclusion & Recommendation

13.4. C3.ai Inc 13.5. AMAZON WEB SERVICES, INC 13.6. OMRON CORPORATION 13.7. INTERNATIONAL BUSINESS MACHINES CORP 13.8. Advanced Micro Devices Inc 13.9. Oracle Corporation 13.10. Hewlett Packard Enterprise Co 13.11. Huawei Technologies Co Ltd, 13.12. Cisco Systems Inc.

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FIGURE 1 . GLOBAL ARTIFICIAL INTELLIGENCE IN COMPUTER VISION MARKET SIZE (USD MILLION) FIGURE 2 . GLOBAL ARTIFICIAL INTELLIGENCE IN COMPUTER VISION MARKET KEY SUCCESS FACTORS

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FIGURE 3 . GLOBAL ARTIFICIAL INTELLIGENCE IN COMPUTER VISION MARKET DEGREE OF COMPETITION FIGURE 4 . GLOBAL ARTIFICIAL INTELLIGENCE IN COMPUTER VISION MARKET REGULATORY LANDSCAPE FIGURE 5 . GLOBAL ARTIFICIAL INTELLIGENCE IN COMPUTER VISION MARKET STARTUP ANALYSIS FIGURE 6 . GLOBAL ARTIFICIAL INTELLIGENCE IN COMPUTER VISION MARKET PATENT ANALYSIS FIGURE 7 . GLOBAL ARTIFICIAL INTELLIGENCE IN COMPUTER VISION MARKET VALUE CHAIN ANALYSIS FIGURE 8 . GLOBAL ARTIFICIAL INTELLIGENCE IN COMPUTER VISION MARKET ATTRACTIVENESS INDEX FIGURE 9 . GLOBAL ARTIFICIAL INTELLIGENCE IN COMPUTER VISION MARKET ECOSYSTEM FIGURE 10 . GLOBAL AI IN COMPUTER VISION MARKET BY COMPONENT, 2019-2032 (USD MILLION) FIGURE 11 . GLOBAL AI IN COMPUTER VISION MARKET BY TECHNOLOGY, 2019-2032 (USD MILLION) FIGURE 12 . GLOBAL AI IN COMPUTER VISION MARKET BY BUSINESS FUNCTION, 2019-2032 (USD MILLION) FIGURE 13 . GLOBAL AI IN COMPUTER VISION MARKET BY MODEL, 2019-2032 (USD MILLION) FIGURE 14 . GLOBAL AI IN COMPUTER VISION MARKET BY VERTICAL, 2019-2032 (USD MILLION) FIGURE 15 . GLOBAL AI IN COMPUTER VISION MARKET BY REGION, 2019-2032 (USD MILLION) FIGURE 16 . NORTH AMERICA AI IN COMPUTER VISION MARKET SIZE BY COMPONENT, 2024 (USD MILLION) FIGURE 17 . NORTH AMERICA AI IN COMPUTER VISION MARKET SIZE BY TECHNOLOGY, 2024 (USD MILLION) FIGURE 18 . NORTH AMERICA AI IN COMPUTER VISION MARKET SIZE BY FUNCTION, 2024 (USD MILLION) FIGURE 19 . NORTH AMERICA AI IN COMPUTER VISION MARKET SIZE BY MODEL, 2024 (USD MILLION) FIGURE 20 . NORTH AMERICA AI IN COMPUTER VISION MARKET SIZE BY VERTICAL, 2024 (USD MILLION)

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FIGURE 21 . NORTH AMERICA AI IN COMPUTER VISION MARKET SIZE BY COUNTRY, 2023 (USD MILLION) FIGURE 22 . U.S AI IN COMPUTER VISION MARKET SIZE BY COMPONENT, 2024 (USD MILLION)

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FIGURE 23 . U.S AMERICA AI IN COMPUTER VISION MARKET SIZE BY TECHNOLOGY, 2024 (USD MILLION) FIGURE 24 . U.S AI IN COMPUTER VISION MARKET SIZE BY FUNCTION, 2024 (USD MILLION) FIGURE 25 . U.S AI IN COMPUTER VISION MARKET SIZE BY MODEL, 2024 (USD MILLION) FIGURE 26 . U.S AI IN COMPUTER VISION MARKET SIZE BY VERTICAL, 2024 (USD MILLION) FIGURE 27 . CANADA AI IN COMPUTER VISION MARKET SIZE BY COMPONENT, 2024 (USD MILLION) FIGURE 28 . CANADA AMERICA AI IN COMPUTER VISION MARKET SIZE BY TECHNOLOGY, 2024 (USD MILLION) FIGURE 29 . CANADA AI IN COMPUTER VISION MARKET SIZE BY FUNCTION, 2024 (USD MILLION) FIGURE 30 . CANADA AI IN COMPUTER VISION MARKET SIZE BY MODEL, 2024 (USD MILLION) FIGURE 31 . CANADA AI IN COMPUTER VISION MARKET SIZE BY VERTICAL, 2024 (USD MILLION) FIGURE 32 . EUROPE AI IN COMPUTER VISION MARKET SIZE BY COMPONENT, 2024 (USD MILLION) FIGURE 33 . EUROPE AI IN COMPUTER VISION MARKET SIZE BY TECHNOLOGY, 2024 (USD MILLION) FIGURE 34 . EUROPE AI IN COMPUTER VISION MARKET SIZE BY FUNCTION, 2024 (USD MILLION) FIGURE 35 . EUROPE AI IN COMPUTER VISION MARKET SIZE BY MODEL, 2024 (USD MILLION) FIGURE 36 . EUROPE AI IN COMPUTER VISION MARKET SIZE BY VERTICAL, 2024 (USD MILLION) FIGURE 37 . EUROPE AI IN COMPUTER VISION MARKET SIZE BY COUNTRY, 2023 (USD MILLION) FIGURE 38 . GERMANY AI IN COMPUTER VISION MARKET SIZE BY COMPONENT, 2024 (USD MILLION) FIGURE 39 . GERMANY AMERICA AI IN COMPUTER VISION MARKET SIZE BY TECHNOLOGY, 2024 (USD MILLION) FIGURE 40 . GERMANY AI IN COMPUTER VISION MARKET SIZE BY FUNCTION, 2024 (USD MILLION)

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FIGURE 41 . GERMANY AI IN COMPUTER VISION MARKET SIZE BY MODEL, 2024 (USD MILLION) FIGURE 42 . GERMANY AI IN COMPUTER VISION MARKET SIZE BY VERTICAL, 2024 (USD MILLION)

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FIGURE 43 . FRANCE AI IN COMPUTER VISION MARKET SIZE BY COMPONENT, 2024 (USD MILLION) FIGURE 44 . FRANCE AMERICA AI IN COMPUTER VISION MARKET SIZE BY TECHNOLOGY, 2024 (USD MILLION) FIGURE 45 . FRANCE AI IN COMPUTER VISION MARKET SIZE BY FUNCTION, 2024 (USD MILLION) FIGURE 46 . FRANCE AI IN COMPUTER VISION MARKET SIZE BY MODEL, 2024 (USD MILLION) FIGURE 47 . FRANCE AI IN COMPUTER VISION MARKET SIZE BY VERTICAL, 2024 (USD MILLION) FIGURE 48 . UK AI IN COMPUTER VISION MARKET SIZE BY COMPONENT, 2024 (USD MILLION) FIGURE 49 . UK AMERICA AI IN COMPUTER VISION MARKET SIZE BY TECHNOLOGY, 2024 (USD MILLION) FIGURE 50 . UK AI IN COMPUTER VISION MARKET SIZE BY FUNCTION, 2024 (USD MILLION) FIGURE 51 . UK AI IN COMPUTER VISION MARKET SIZE BY MODEL, 2024 (USD MILLION) FIGURE 52 . UK AI IN COMPUTER VISION MARKET SIZE BY VERTICAL, 2024 (USD MILLION) FIGURE 53 . ITALY AI IN COMPUTER VISION MARKET SIZE BY COMPONENT, 2024 (USD MILLION) FIGURE 54 . ITALY AMERICA AI IN COMPUTER VISION MARKET SIZE BY TECHNOLOGY, 2024 (USD MILLION) FIGURE 55 . ITALY AI IN COMPUTER VISION MARKET SIZE BY FUNCTION, 2024 (USD MILLION) FIGURE 56 . ITALY AI IN COMPUTER VISION MARKET SIZE BY MODEL, 2024 (USD MILLION) FIGURE 57 . ITALY AI IN COMPUTER VISION MARKET SIZE BY VERTICAL, 2024 (USD MILLION) FIGURE 58 . SPAIN AI IN COMPUTER VISION MARKET SIZE BY COMPONENT, 2024 (USD MILLION) FIGURE 59 . SPAIN AMERICA AI IN COMPUTER VISION MARKET SIZE BY TECHNOLOGY, 2024 (USD MILLION) FIGURE 60 . SPAIN AI IN COMPUTER VISION MARKET SIZE BY FUNCTION, 2024 (USD MILLION)

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FIGURE 61 . SPAIN AI IN COMPUTER VISION MARKET SIZE BY MODEL, 2024 (USD MILLION) FIGURE 62 . SPAIN AI IN COMPUTER VISION MARKET SIZE BY VERTICAL, 2024 (USD MILLION)

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FIGURE 63 . REST OF EUROPE AI IN COMPUTER VISION MARKET SIZE BY COMPONENT, 2024 (USD MILLION) FIGURE 64 . REST OF EUROPE AMERICA AI IN COMPUTER VISION MARKET SIZE BY TECHNOLOGY, 2024 (USD MILLION) FIGURE 65 . REST OF EUROPE AI IN COMPUTER VISION MARKET SIZE BY FUNCTION, 2024 (USD MILLION) FIGURE 66 . REST OF EUROPE AI IN COMPUTER VISION MARKET SIZE BY MODEL, 2024 (USD MILLION) FIGURE 67 . REST OF EUROPE AI IN COMPUTER VISION MARKET SIZE BY VERTICAL, 2024 (USD MILLION) FIGURE 68 . ASIA PACIFIC AI IN COMPUTER VISION MARKET SIZE BY COMPONENT, 2024 (USD MILLION) FIGURE 69 . ASIA PACIFIC AI IN COMPUTER VISION MARKET SIZE BY TECHNOLOGY, 2024 (USD MILLION) FIGURE 70 . ASIA PACIFIC AI IN COMPUTER VISION MARKET SIZE BY FUNCTION, 2024 (USD MILLION) FIGURE 71 . ASIA PACIFIC AI IN COMPUTER VISION MARKET SIZE BY MODEL, 2024 (USD MILLION) FIGURE 72 . ASIA PACIFIC AI IN COMPUTER VISION MARKET SIZE BY VERTICAL, 2024 (USD MILLION) FIGURE 73 . ASIA PACIFIC AI IN COMPUTER VISION MARKET SIZE BY COUNTRY, 2023 (USD MILLION) FIGURE 74 . JAPAN AI IN COMPUTER VISION MARKET SIZE BY COMPONENT, 2024 (USD MILLION) FIGURE 75 . JAPAN AMERICA AI IN COMPUTER VISION MARKET SIZE BY TECHNOLOGY, 2024 (USD MILLION) FIGURE 76 . JAPAN AI IN COMPUTER VISION MARKET SIZE BY FUNCTION, 2024 (USD MILLION) FIGURE 77 . JAPAN AI IN COMPUTER VISION MARKET SIZE BY MODEL, 2024 (USD MILLION) FIGURE 78 . JAPAN AI IN COMPUTER VISION MARKET SIZE BY VERTICAL, 2024 (USD MILLION) FIGURE 79 . CHINA AI IN COMPUTER VISION MARKET SIZE BY COMPONENT, 2024 (USD MILLION) FIGURE 80 . CHINA AMERICA AI IN COMPUTER VISION MARKET SIZE BY TECHNOLOGY, 2024 (USD MILLION)

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FIGURE 81 . CHINA AI IN COMPUTER VISION MARKET SIZE BY FUNCTION, 2024 (USD MILLION) FIGURE 82 . CHINA AI IN COMPUTER VISION MARKET SIZE BY MODEL, 2024 (USD MILLION)

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FIGURE 83 . CHINA AI IN COMPUTER VISION MARKET SIZE BY VERTICAL, 2024 (USD MILLION) FIGURE 84 . INDIA AI IN COMPUTER VISION MARKET SIZE BY COMPONENT, 2024 (USD MILLION) FIGURE 85 . INDIA AMERICA AI IN COMPUTER VISION MARKET SIZE BY TECHNOLOGY, 2024 (USD MILLION) FIGURE 86 . INDIA AI IN COMPUTER VISION MARKET SIZE BY FUNCTION, 2024 (USD MILLION) FIGURE 87 . INDIA AI IN COMPUTER VISION MARKET SIZE BY MODEL, 2024 (USD MILLION) FIGURE 88 . INDIA AI IN COMPUTER VISION MARKET SIZE BY VERTICAL, 2024 (USD MILLION) FIGURE 89 . SOUTH KOREA AI IN COMPUTER VISION MARKET SIZE BY COMPONENT, 2024 (USD MILLION) FIGURE 90 . SOUTH KOREA AMERICA AI IN COMPUTER VISION MARKET SIZE BY TECHNOLOGY, 2024 (USD MILLION) FIGURE 91 . SOUTH KOREA AI IN COMPUTER VISION MARKET SIZE BY FUNCTION, 2024 (USD MILLION) FIGURE 92 . SOUTH KOREA AI IN COMPUTER VISION MARKET SIZE BY MODEL, 2024 (USD MILLION) FIGURE 93 . SOUTH KOREA AI IN COMPUTER VISION MARKET SIZE BY VERTICAL, 2024 (USD MILLION) FIGURE 94 . REST OF ASIA PACIFIC AI IN COMPUTER VISION MARKET SIZE BY COMPONENT, 2024 (USD MILLION) FIGURE 95 . REST OF ASIA PACIFIC AMERICA AI IN COMPUTER VISION MARKET SIZE BY TECHNOLOGY, 2024 (USD MILLION) FIGURE 96 . REST OF ASIA PACIFIC AI IN COMPUTER VISION MARKET SIZE BY FUNCTION, 2024 (USD MILLION) FIGURE 97 . REST OF ASIA PACIFIC AI IN COMPUTER VISION MARKET SIZE BY MODEL, 2024 (USD MILLION) FIGURE 98 . REST OF ASIA PACIFIC AI IN COMPUTER VISION MARKET SIZE BY VERTICAL, 2024 (USD MILLION) FIGURE 99 . LATAM AI IN COMPUTER VISION MARKET SIZE BY COMPONENT, 2024 (USD MILLION) FIGURE 100 . LATAM AI IN COMPUTER VISION MARKET SIZE BY TECHNOLOGY, 2024 (USD MILLION)

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FIGURE 101 . LATAM AI IN COMPUTER VISION MARKET SIZE BY FUNCTION, 2024 (USD MILLION) FIGURE 102 . LATAM AI IN COMPUTER VISION MARKET SIZE BY MODEL, 2024 (USD MILLION)

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FIGURE 103 . LATAM AI IN COMPUTER VISION MARKET SIZE BY VERTICAL, 2024 (USD MILLION) FIGURE 104 . LATAM AI IN COMPUTER VISION MARKET SIZE BY COUNTRY, 2023 (USD MILLION) FIGURE 105 . BRAZIL AI IN COMPUTER VISION MARKET SIZE BY COMPONENT, 2024 (USD MILLION) FIGURE 106 . BRAZIL AMERICA AI IN COMPUTER VISION MARKET SIZE BY TECHNOLOGY, 2024 (USD MILLION) FIGURE 107 . BRAZIL AI IN COMPUTER VISION MARKET SIZE BY FUNCTION, 2024 (USD MILLION) FIGURE 108 . BRAZIL AI IN COMPUTER VISION MARKET SIZE BY MODEL, 2024 (USD MILLION) FIGURE 109 . BRAZIL AI IN COMPUTER VISION MARKET SIZE BY VERTICAL, 2024 (USD MILLION) FIGURE 110 . REST OF LATAM AI IN COMPUTER VISION MARKET SIZE BY COMPONENT, 2024 (USD MILLION) FIGURE 111 . REST OF LATAM AMERICA AI IN COMPUTER VISION MARKET SIZE BY TECHNOLOGY, 2024 (USD MILLION) FIGURE 112 . REST OF LATAM AI IN COMPUTER VISION MARKET SIZE BY FUNCTION, 2024 (USD MILLION) FIGURE 113 . REST OF LATAM AI IN COMPUTER VISION MARKET SIZE BY MODEL, 2024 (USD MILLION) FIGURE 114 . REST OF LATAM AI IN COMPUTER VISION MARKET SIZE BY VERTICAL, 2024 (USD MILLION) FIGURE 115 . MEA AI IN COMPUTER VISION MARKET SIZE BY COMPONENT, 2024 (USD MILLION) FIGURE 116 . MEA AI IN COMPUTER VISION MARKET SIZE BY TECHNOLOGY, 2024 (USD MILLION) FIGURE 117 . MEA AI IN COMPUTER VISION MARKET SIZE BY FUNCTION, 2024 (USD MILLION) FIGURE 118 . MEA AI IN COMPUTER VISION MARKET SIZE BY MODEL, 2024 (USD MILLION) FIGURE 119 . MEA AI IN COMPUTER VISION MARKET SIZE BY VERTICAL, 2024 (USD MILLION) FIGURE 120 . MEA AI IN COMPUTER VISION MARKET SIZE BY COUNTRY, 2023 (USD MILLION)

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FIGURE 121 . GCC AI IN COMPUTER VISION MARKET SIZE BY COMPONENT, 2024 (USD MILLION) FIGURE 122 . GCC AI IN COMPUTER VISION MARKET SIZE BY TECHNOLOGY, 2024 (USD MILLION)

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FIGURE 123 . GCC AI IN COMPUTER VISION MARKET SIZE BY FUNCTION, 2024 (USD MILLION) FIGURE 124 . GCC AI IN COMPUTER VISION MARKET SIZE BY MODEL, 2024 (USD MILLION) FIGURE 125 . GCC AI IN COMPUTER VISION MARKET SIZE BY VERTICAL, 2024 (USD MILLION) FIGURE 126 . SOUTH AFRICA AI IN COMPUTER VISION MARKET SIZE BY COMPONENT, 2024 (USD MILLION) FIGURE 127 . SOUTH AFRICA AMERICA AI IN COMPUTER VISION MARKET SIZE BY TECHNOLOGY, 2024 (USD MILLION) FIGURE 128 . SOUTH AFRICA AI IN COMPUTER VISION MARKET SIZE BY FUNCTION, 2024 (USD MILLION) FIGURE 129 . SOUTH AFRICA AI IN COMPUTER VISION MARKET SIZE BY MODEL, 2024 (USD MILLION) FIGURE 130 . SOUTH AFRICA AI IN COMPUTER VISION MARKET SIZE BY VERTICAL, 2024 (USD MILLION) FIGURE 131 . REST OF MEA AI IN COMPUTER VISION MARKET SIZE BY COMPONENT, 2024 (USD MILLION) FIGURE 132 . REST OF MEA AI IN COMPUTER VISION MARKET SIZE BY TECHNOLOGY, 2024 (USD MILLION) FIGURE 133 . REST OF MEA AI IN COMPUTER VISION MARKET SIZE BY FUNCTION, 2024 (USD MILLION) FIGURE 134 . REST OF MEA AI IN COMPUTER VISION MARKET SIZE BY MODEL, 2024 (USD MILLION) FIGURE 135 . REST OF MEA AI IN COMPUTER VISION MARKET SIZE BY VERTICAL, 2024 (USD MILLION) FIGURE 136 . ARTIFICIAL INTELLIGENCE IN COMPUTER VISION MARKET SHARE ANALYSIS, 2023 (%) FIGURE 137 . NVIDIA CORP RECENT FINANCIALS IN USD BILLION FIGURE 138 . NVIDIA CORP BUSINESS REVENUE MIX, 2023 IN PERCENTAGE (%) FIGURE 139 . INTEL CORP RECENT FINANCIALS IN USD BILLION FIGURE 140 . INTEL CORP BUSINESS REVENUE MIX, 2023 IN PERCENTAGE (%)

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FIGURE 141 . MICROSOFT CORP. RECENT FINANCIALS IN USD BILLION FIGURE 142 . MICROSOFT CORP. BUSINESS REVENUE MIX, 2023 IN PERCENTAGE (%)

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FIGURE 143 . C3 AI, RECENT FINANCIALS IN USD BILLION FIGURE 144 . C3 AI, BUSINESS REVENUE MIX, 2023 IN PERCENTAGE (%) FIGURE 145 . AMAZON WEB SERVICES, INC, RECENT FINANCIALS IN USD BILLION FIGURE 146 . AMAZON WEB SERVICES, INC, BUSINESS REVENUE MIX, 2023 IN PERCENTAGE (%) FIGURE 147 . OMRON CORPORATION RECENT FINANCIALS IN USD BILLION FIGURE 148 . OMRON CORPORATION BUSINESS REVENUE MIX, 2023 IN PERCENTAGE (%) FIGURE 149 . INTERNATIONAL BUSINESS MACHINES CORP RECENT FINANCIALS IN USD BILLION FIGURE 150 . INTERNATIONAL BUSINESS MACHINES CORP BUSINESS REVENUE MIX, 2023 IN PERCENTAGE (%) FIGURE 151 . ADVANCED MICRO DEVICES INC RECENT FINANCIALS IN USD BILLION FIGURE 152 . ADVANCED MICRO DEVICES INC BUSINESS REVENUE MIX, 2023 IN PERCENTAGE (%) FIGURE 153 . ORACLE CORPORATION, RECENT FINANCIALS IN USD BILLION FIGURE 154 . ORACLE CORPORATION, BUSINESS REVENUE MIX, 2023 IN PERCENTAGE (%) FIGURE 155 . HEWLETT PACKARD ENTERPRISE CO RECENT FINANCIALS IN USD BILLION FIGURE 156 . HEWLETT PACKARD ENTERPRISE CO BUSINESS REVENUE MIX, 2023 IN PERCENTAGE (%) FIGURE 157 . HUAWEI TECHNOLOGIES CO LTD, RECENT FINANCIALS IN USD BILLION FIGURE 158 . HUAWEI TECHNOLOGIES CO LTD, BUSINESS REVENUE MIX, 2023 IN PERCENTAGE (%) FIGURE 159 . CISCO SYSTEMS, RECENT FINANCIALS IN USD BILLION FIGURE 160 . CISCO SYSTEMS, BUSINESS REVENUE MIX, 2023 IN PERCENTAGE (%)

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FIGURE 161 . ALPHABET INC, RECENT FINANCIALS IN USD BILLION FIGURE 162 . ALPHABET INC, BUSINESS REVENUE MIX, 2023 IN PERCENTAGE (%)

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FIGURE 163 . QUALCOMM, RECENT FINANCIALS IN USD BILLION FIGURE 164 . QUALCOMM, BUSINESS REVENUE MIX, 2023 IN PERCENTAGE (%) FIGURE 165 . SAP SE, RECENT FINANCIALS IN USD BILLION FIGURE 166 . SAP SE, BUSINESS REVENUE MIX, 2023 IN PERCENTAGE (%) FIGURE 167 . COGNEX CORPORATION , RECENT FINANCIALS IN USD BILLION FIGURE 168 . COGNEX CORPORATION , BUSINESS REVENUE MIX, 2023 IN PERCENTAGE (%) FIGURE 169 . TELEDYNE TECHNOLOGIES INC, RECENT FINANCIALS IN USD BILLION FIGURE 170 . TELEDYNE TECHNOLOGIES INC, BUSINESS REVENUE MIX, 2023 IN PERCENTAGE (%) FIGURE 171 . ZEBRA TECHNOLOGIES, RECENT FINANCIALS IN USD BILLION FIGURE 172 . ZEBRA TECHNOLOGIES, BUSINESS REVENUE MIX, 2023 IN PERCENTAGE (%)

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TABLE 1 . NORTH AMERICA AI IN COMPUTER VISION MARKET SIZE BY COMPONENT, 2024 (USD MILLION) TABLE 2 . NORTH AMERICA AI IN COMPUTER VISION MARKET SIZE BY TECHNOLOGY, 2024 (USD MILLION) TABLE 3 . NORTH AMERICA AI IN COMPUTER VISION MARKET SIZE BY FUNCTION, 2024 (USD MILLION) TABLE 4 . NORTH AMERICA AI IN COMPUTER VISION MARKET SIZE BY MODEL, 2024 (USD MILLION)

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TABLE 5 . NORTH AMERICA AI IN COMPUTER VISION MARKET SIZE BY VERTICAL, 2024 (USD MILLION) TABLE 6 . NORTH AMERICA AI IN COMPUTER VISION MARKET SIZE BY COUNTRY, 2023 (USD MILLION) TABLE 7 . U.S AI IN COMPUTER VISION MARKET SIZE BY COMPONENT, 2024 (USD MILLION) TABLE 8 . U.S AMERICA AI IN COMPUTER VISION MARKET SIZE BY TECHNOLOGY, 2024 (USD MILLION) TABLE 9 . U.S AI IN COMPUTER VISION MARKET SIZE BY FUNCTION, 2024 (USD MILLION) TABLE 10 . U.S AI IN COMPUTER VISION MARKET SIZE BY MODEL, 2024 (USD MILLION) TABLE 11 . U.S AI IN COMPUTER VISION MARKET SIZE BY VERTICAL, 2024 (USD MILLION) TABLE 12 . CANADA AI IN COMPUTER VISION MARKET SIZE BY COMPONENT, 2024 (USD MILLION) TABLE 13 . CANADA AMERICA AI IN COMPUTER VISION MARKET SIZE BY TECHNOLOGY, 2024 (USD MILLION) TABLE 14 . CANADA AI IN COMPUTER VISION MARKET SIZE BY FUNCTION, 2024 (USD MILLION) TABLE 15 . CANADA AI IN COMPUTER VISION MARKET SIZE BY MODEL, 2024 (USD MILLION) TABLE 16 . CANADA AI IN COMPUTER VISION MARKET SIZE BY VERTICAL, 2024 (USD MILLION) TABLE 17 . EUROPE AI IN COMPUTER VISION MARKET SIZE BY COMPONENT, 2024 (USD MILLION) TABLE 18 . EUROPE AI IN COMPUTER VISION MARKET SIZE BY TECHNOLOGY, 2024 (USD MILLION) TABLE 19 . EUROPE AI IN COMPUTER VISION MARKET SIZE BY FUNCTION, 2024 (USD MILLION) TABLE 20 . EUROPE AI IN COMPUTER VISION MARKET SIZE BY MODEL, 2024 (USD MILLION)

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TABLE 21 . EUROPE AI IN COMPUTER VISION MARKET SIZE BY VERTICAL, 2024 (USD MILLION) TABLE 22 . EUROPE AI IN COMPUTER VISION MARKET SIZE BY COUNTRY, 2023 (USD MILLION) TABLE 23 . GERMANY AI IN COMPUTER VISION MARKET SIZE BY COMPONENT, 2024 (USD MILLION) TABLE 24 . GERMANY AMERICA AI IN COMPUTER VISION MARKET SIZE BY TECHNOLOGY, 2024 (USD MILLION)

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TABLE 25 . GERMANY AI IN COMPUTER VISION MARKET SIZE BY FUNCTION, 2024 (USD MILLION) TABLE 26 . GERMANY AI IN COMPUTER VISION MARKET SIZE BY MODEL, 2024 (USD MILLION) TABLE 27 . GERMANY AI IN COMPUTER VISION MARKET SIZE BY VERTICAL, 2024 (USD MILLION) TABLE 28 . FRANCE AI IN COMPUTER VISION MARKET SIZE BY COMPONENT, 2024 (USD MILLION) TABLE 29 . FRANCE AMERICA AI IN COMPUTER VISION MARKET SIZE BY TECHNOLOGY, 2024 (USD MILLION) TABLE 30 . FRANCE AI IN COMPUTER VISION MARKET SIZE BY FUNCTION, 2024 (USD MILLION) TABLE 31 . FRANCE AI IN COMPUTER VISION MARKET SIZE BY MODEL, 2024 (USD MILLION) TABLE 32 . FRANCE AI IN COMPUTER VISION MARKET SIZE BY VERTICAL, 2024 (USD MILLION) TABLE 33 . UK AI IN COMPUTER VISION MARKET SIZE BY COMPONENT, 2024 (USD MILLION) TABLE 34 . UK AMERICA AI IN COMPUTER VISION MARKET SIZE BY TECHNOLOGY, 2024 (USD MILLION) TABLE 35 . UK AI IN COMPUTER VISION MARKET SIZE BY FUNCTION, 2024 (USD MILLION) TABLE 36 . UK AI IN COMPUTER VISION MARKET SIZE BY MODEL, 2024 (USD MILLION) TABLE 37 . UK AI IN COMPUTER VISION MARKET SIZE BY VERTICAL, 2024 (USD MILLION) TABLE 38 . ITALY AI IN COMPUTER VISION MARKET SIZE BY COMPONENT, 2024 (USD MILLION) TABLE 39 . ITALY AMERICA AI IN COMPUTER VISION MARKET SIZE BY TECHNOLOGY, 2024 (USD MILLION) TABLE 40 . ITALY AI IN COMPUTER VISION MARKET SIZE BY FUNCTION, 2024 (USD MILLION)

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TABLE 41 . ITALY AI IN COMPUTER VISION MARKET SIZE BY MODEL, 2024 (USD MILLION) TABLE 42 . ITALY AI IN COMPUTER VISION MARKET SIZE BY VERTICAL, 2024 (USD MILLION) TABLE 43 . SPAIN AI IN COMPUTER VISION MARKET SIZE BY COMPONENT, 2024 (USD MILLION) TABLE 44 . SPAIN AMERICA AI IN COMPUTER VISION MARKET SIZE BY TECHNOLOGY, 2024 (USD MILLION)

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TABLE 45 . SPAIN AI IN COMPUTER VISION MARKET SIZE BY FUNCTION, 2024 (USD MILLION) TABLE 46 . SPAIN AI IN COMPUTER VISION MARKET SIZE BY MODEL, 2024 (USD MILLION) TABLE 47 . SPAIN AI IN COMPUTER VISION MARKET SIZE BY VERTICAL, 2024 (USD MILLION) TABLE 48 . REST OF EUROPE AI IN COMPUTER VISION MARKET SIZE BY COMPONENT, 2024 (USD MILLION) TABLE 49 . REST OF EUROPE AMERICA AI IN COMPUTER VISION MARKET SIZE BY TECHNOLOGY, 2024 (USD MILLION) TABLE 50 . REST OF EUROPE AI IN COMPUTER VISION MARKET SIZE BY FUNCTION, 2024 (USD MILLION) TABLE 51 . REST OF EUROPE AI IN COMPUTER VISION MARKET SIZE BY MODEL, 2024 (USD MILLION) TABLE 52 . REST OF EUROPE AI IN COMPUTER VISION MARKET SIZE BY VERTICAL, 2024 (USD MILLION) TABLE 53 . ASIA PACIFIC AI IN COMPUTER VISION MARKET SIZE BY COMPONENT, 2024 (USD MILLION) TABLE 54 . ASIA PACIFIC AI IN COMPUTER VISION MARKET SIZE BY TECHNOLOGY, 2024 (USD MILLION) TABLE 55 . ASIA PACIFIC AI IN COMPUTER VISION MARKET SIZE BY FUNCTION, 2024 (USD MILLION) TABLE 56 . ASIA PACIFIC AI IN COMPUTER VISION MARKET SIZE BY MODEL, 2024 (USD MILLION) TABLE 57 . ASIA PACIFIC AI IN COMPUTER VISION MARKET SIZE BY VERTICAL, 2024 (USD MILLION) TABLE 58 . ASIA PACIFIC AI IN COMPUTER VISION MARKET SIZE BY COUNTRY, 2023 (USD MILLION) TABLE 59 . JAPAN AI IN COMPUTER VISION MARKET SIZE BY COMPONENT, 2024 (USD MILLION) TABLE 60 . JAPAN AMERICA AI IN COMPUTER VISION MARKET SIZE BY TECHNOLOGY, 2024 (USD MILLION)

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TABLE 61 . JAPAN AI IN COMPUTER VISION MARKET SIZE BY FUNCTION, 2024 (USD MILLION) TABLE 62 . JAPAN AI IN COMPUTER VISION MARKET SIZE BY MODEL, 2024 (USD MILLION) TABLE 63 . JAPAN AI IN COMPUTER VISION MARKET SIZE BY VERTICAL, 2024 (USD MILLION) TABLE 64 . CHINA AI IN COMPUTER VISION MARKET SIZE BY COMPONENT, 2024 (USD MILLION)

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TABLE 65 . CHINA AMERICA AI IN COMPUTER VISION MARKET SIZE BY TECHNOLOGY, 2024 (USD MILLION) TABLE 66 . CHINA AI IN COMPUTER VISION MARKET SIZE BY FUNCTION, 2024 (USD MILLION) TABLE 67 . CHINA AI IN COMPUTER VISION MARKET SIZE BY MODEL, 2024 (USD MILLION) TABLE 68 . CHINA AI IN COMPUTER VISION MARKET SIZE BY VERTICAL, 2024 (USD MILLION) TABLE 69 . INDIA AI IN COMPUTER VISION MARKET SIZE BY COMPONENT, 2024 (USD MILLION) TABLE 70 . INDIA AMERICA AI IN COMPUTER VISION MARKET SIZE BY TECHNOLOGY, 2024 (USD MILLION) TABLE 71 . INDIA AI IN COMPUTER VISION MARKET SIZE BY FUNCTION, 2024 (USD MILLION) TABLE 72 . INDIA AI IN COMPUTER VISION MARKET SIZE BY MODEL, 2024 (USD MILLION) TABLE 73 . INDIA AI IN COMPUTER VISION MARKET SIZE BY VERTICAL, 2024 (USD MILLION) TABLE 74 . SOUTH KOREA AI IN COMPUTER VISION MARKET SIZE BY COMPONENT, 2024 (USD MILLION) TABLE 75 . SOUTH KOREA AMERICA AI IN COMPUTER VISION MARKET SIZE BY TECHNOLOGY, 2024 (USD MILLION) TABLE 76 . SOUTH KOREA AI IN COMPUTER VISION MARKET SIZE BY FUNCTION, 2024 (USD MILLION) TABLE 77 . SOUTH KOREA AI IN COMPUTER VISION MARKET SIZE BY MODEL, 2024 (USD MILLION) TABLE 78 . SOUTH KOREA AI IN COMPUTER VISION MARKET SIZE BY VERTICAL, 2024 (USD MILLION) TABLE 79 . REST OF ASIA PACIFIC AI IN COMPUTER VISION MARKET SIZE BY COMPONENT, 2024 (USD MILLION) TABLE 80 . REST OF ASIA PACIFIC AMERICA AI IN COMPUTER VISION MARKET SIZE BY TECHNOLOGY, 2024 (USD MILLION)

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TABLE 81 . REST OF ASIA PACIFIC AI IN COMPUTER VISION MARKET SIZE BY FUNCTION, 2024 (USD MILLION) TABLE 82 . REST OF ASIA PACIFIC AI IN COMPUTER VISION MARKET SIZE BY MODEL, 2024 (USD MILLION) TABLE 83 . REST OF ASIA PACIFIC AI IN COMPUTER VISION MARKET SIZE BY VERTICAL, 2024 (USD MILLION) TABLE 84 . LATAM AI IN COMPUTER VISION MARKET SIZE BY COMPONENT, 2024 (USD MILLION)

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TABLE 85 . LATAM AI IN COMPUTER VISION MARKET SIZE BY TECHNOLOGY, 2024 (USD MILLION) TABLE 86 . LATAM AI IN COMPUTER VISION MARKET SIZE BY FUNCTION, 2024 (USD MILLION) TABLE 87 . LATAM AI IN COMPUTER VISION MARKET SIZE BY MODEL, 2024 (USD MILLION) TABLE 88 . LATAM AI IN COMPUTER VISION MARKET SIZE BY VERTICAL, 2024 (USD MILLION) TABLE 89 . LATAM AI IN COMPUTER VISION MARKET SIZE BY COUNTRY, 2023 (USD MILLION) TABLE 90 . BRAZIL AI IN COMPUTER VISION MARKET SIZE BY COMPONENT, 2024 (USD MILLION) TABLE 91 . BRAZIL AMERICA AI IN COMPUTER VISION MARKET SIZE BY TECHNOLOGY, 2024 (USD MILLION) TABLE 92 . BRAZIL AI IN COMPUTER VISION MARKET SIZE BY FUNCTION, 2024 (USD MILLION) TABLE 93 . BRAZIL AI IN COMPUTER VISION MARKET SIZE BY MODEL, 2024 (USD MILLION) TABLE 94 . BRAZIL AI IN COMPUTER VISION MARKET SIZE BY VERTICAL, 2024 (USD MILLION) TABLE 95 . REST OF LATAM AI IN COMPUTER VISION MARKET SIZE BY COMPONENT, 2024 (USD MILLION) TABLE 96 . REST OF LATAM AMERICA AI IN COMPUTER VISION MARKET SIZE BY TECHNOLOGY, 2024 (USD MILLION) TABLE 97 . REST OF LATAM AI IN COMPUTER VISION MARKET SIZE BY FUNCTION, 2024 (USD MILLION) TABLE 98 . REST OF LATAM AI IN COMPUTER VISION MARKET SIZE BY MODEL, 2024 (USD MILLION) TABLE 99 . REST OF LATAM AI IN COMPUTER VISION MARKET SIZE BY VERTICAL, 2024 (USD MILLION) TABLE 100 . MEA AI IN COMPUTER VISION MARKET SIZE BY COMPONENT, 2024 (USD MILLION)

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TABLE 101 . MEA AI IN COMPUTER VISION MARKET SIZE BY TECHNOLOGY, 2024 (USD MILLION) TABLE 102 . MEA AI IN COMPUTER VISION MARKET SIZE BY FUNCTION, 2024 (USD MILLION) TABLE 103 . MEA AI IN COMPUTER VISION MARKET SIZE BY MODEL, 2024 (USD MILLION) TABLE 104 . MEA AI IN COMPUTER VISION MARKET SIZE BY VERTICAL, 2024 (USD MILLION)

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TABLE 105 . MEA AI IN COMPUTER VISION MARKET SIZE BY COUNTRY, 2023 (USD MILLION) TABLE 106 . GCC AI IN COMPUTER VISION MARKET SIZE BY COMPONENT, 2024 (USD MILLION) TABLE 107 . GCC AI IN COMPUTER VISION MARKET SIZE BY TECHNOLOGY, 2024 (USD MILLION) TABLE 108 . GCC AI IN COMPUTER VISION MARKET SIZE BY FUNCTION, 2024 (USD MILLION) TABLE 109 . GCC AI IN COMPUTER VISION MARKET SIZE BY MODEL, 2024 (USD MILLION) TABLE 110 . GCC AI IN COMPUTER VISION MARKET SIZE BY VERTICAL, 2024 (USD MILLION) TABLE 111 . SOUTH AFRICA AI IN COMPUTER VISION MARKET SIZE BY COMPONENT, 2024 (USD MILLION) TABLE 112 . SOUTH AFRICA AMERICA AI IN COMPUTER VISION MARKET SIZE BY TECHNOLOGY, 2024 (USD MILLION) TABLE 113 . SOUTH AFRICA AI IN COMPUTER VISION MARKET SIZE BY FUNCTION, 2024 (USD MILLION) TABLE 114 . SOUTH AFRICA AI IN COMPUTER VISION MARKET SIZE BY MODEL, 2024 (USD MILLION) TABLE 115 . SOUTH AFRICA AI IN COMPUTER VISION MARKET SIZE BY VERTICAL, 2024 (USD MILLION) TABLE 116 . REST OF MEA AI IN COMPUTER VISION MARKET SIZE BY COMPONENT, 2024 (USD MILLION) TABLE 117 . REST OF MEA AI IN COMPUTER VISION MARKET SIZE BY TECHNOLOGY, 2024 (USD MILLION) TABLE 118 . REST OF MEA AI IN COMPUTER VISION MARKET SIZE BY FUNCTION, 2024 (USD MILLION) TABLE 119 . REST OF MEA AI IN COMPUTER VISION MARKET SIZE BY MODEL, 2024 (USD MILLION) TABLE 120 . REST OF MEA AI IN COMPUTER VISION MARKET SIZE BY VERTICAL, 2024 (USD MILLION)

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02

RESEARCH METHODOLOGY

Information Procurement

Secondary & Primary Data Sources Market Size Estimation Market Assumptions & Limitations

ARTIFICIAL INTELLIGENCE IN COMPUTER VISION (AI) MARKETHISTORIC YEAR: 2019-2022 BASE YEAR: 2024 FORECAST YEAR: 2025-2032

Back to Page No.31 TOC

INFORMATION PROCUREMENT

SkyQuest's Internal Database

Primary Research

SkyQuest's Internal Database

Primary interviews with in-house

Secondary Sources & Third Party Perspectives Secondary sources includes

Includes historic market databases,

industry experts, freelance

government statistics published by

pertinent studies, internal audit

consultants, manufacturers, users &

organizations like D&B, Factiva, Model

reports & archives. We have a

distributors. Interviews are largely

Associations, Company filings, Investor

dedicated team of analysts updating

based on brainstorming, telephonic

documents etc. Third party

& maintaining these databases

interviews, etc.

Purchased Database We buy access to paid databases such as Hoover’s & Factiva to gain access to company financials, industry information, white papers, industry journals, SME journals etc.

perspectives includes the analysis of investor analyst reports, broker reports, academic commentary, government quotes & wealth management publications.

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SECONDARY & PRIMARY DATA SOURCES

RESEARCH APPROACH This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Model Trends

Historical Data (2019-2022)

Influencing Factor

Market Forecast (2025-2032)

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Revenue Status and Outlook

Competitive Landscape By Company Expansions Mergers and Acquisitions Recent Developments

Revenue for Major Companies Market Share Growth Rate Present Situation Analysis

Market Segment

By Component, Technology, Functionality, Model, Verticle and By Region

Revenue Market Share Growth Rate (CAGR) Current Scenario Analysis

Market Environment Government Policy Technological Changes

Market Drivers Growing Demand of Downstream Fluctuations in Cost Market Opportunities & Challenges

Market Risks & Barriers

Market Opportunities and Challenges

Market Forecast Overall

By Component, Technology, Functionality, Model, Verticle and By Region

Key Data (Revenue) Market Share; Growth Rate (CAGR) Product Price

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DATA SOURCE

SECONDARY SOURCES Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Hoovers, Factiva (Dow Jones & Company), and News Network, Statista, Federal Reserve Economic Data, White Papers, annual reports, BIS Statistics, company house documents; investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and commercial study of the market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related.

Parameters

Market Size

Key Data

Segmental Revenue Geographic Penetration

Sources

• Journals, Websites, and Press Releases • Annual Reports and SEC Filings • Company Websites and Press Releases, • Public and Paid Databases • SkyQuest’s Data Repository

Product Financials Geographic Revenue Mix Total Company Revenue Influencing Factor

Influence Factors Market Potential Market Risks and Opportunities Model Trends

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• Company Websites and Press Releases • Public and Paid Databases • Annual Reports • Model Associations • SkyQuest Data Repository Page No.34

DATA SOURCE

PRIMARY SOURCES In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include artificial intelligence in computer vision market players, opinion leaders, industry experts, engineers, sales representatives, etc. Primary research was conducted to identify segmentation types, key Company, and the downstream demand, industry status & outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.

BREAK UP OF PRIMARIES The participants tracked for primary interviews included: AI/ML Engineer, Data Scientist, Computer Vision Engineer, Machine Learning Engineer, Research Scientist (AI/Computer Vision), Deep Learning Engineer Product Manager (AI/Computer Vision), AI/Computer Vision Specialist, Director of AI/Computer Vision, Software Engineer (Computer Vision), Vision Algorithm Engineer

BY COMPANY

Tier 1

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BY DESIGNATION

Tier 2

Tier 3

C-Level

Director Level

Others

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MARKET SIZE ESTIMATION

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Artificial Intelligence In Computer Vision market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research and their market shares in the respective regions were determined through primary and secondary research.

This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares, splits, and breakdowns were determined by using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. This data is consolidated and added with detailed inputs and analysis from SkyQuest are presented in this report.

MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH

Sum market values for total AI in Computer vision market size

MARKET SIZE ESTIMATION: TOP-DOWN APPROACH

Artificial Intelligence In Computer Vision Market Size

Calculate market value for each segment

Estimate industry-specific adoption rates

Percentage split for each segment of the Artificial Intelligence In Computer Vision Market Regional and country-wise split for each segment and subsegment of Artificial Intelligence In Computer Vision Market

Identify target industries and segments

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03

EXECUTIVE SUMMARY ARTIFICIAL INTELLIGENCE IN COMPUTER VISION MARKETHISTORIC YEAR 2019-2023 GLOBAL FORECAST TO 2032

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EXECUTIVE SUMMARY

MARKET OUTLOOK The Global Artificial Intelligence In Computer Vision (AI) Market is valued at USD 21,800.7 Million in 2024, and is expected to reach USD 46,511.1 Million by 2031 the market shows a steady CAGR of 9.4 % from 2025 to 2032. The AI in Computer Vision market has experienced significant growth, driven by advancements in deep learning, neural networks, and image recognition technologies. AI-powered computer vision solutions are increasingly being adopted across industries such as automotive, healthcare, retail, and security, enabling automation, enhanced productivity, and improved accuracy. The market is projected to expand rapidly, with key players innovating in facial recognition, object detection, and image processing. Additionally, the rise of autonomous vehicles, smart manufacturing, and the demand for AI-driven diagnostic tools are pivotal drivers. As AI becomes more integrated into everyday applications, the need for advanced computer vision solutions continues to rise, with increasing investments in research and development. This growth is further supported by the rising use of edge computing, which allows for realtime data processing.

Key Market Enablers •

Technological Advancements in AI and Deep Learning: The rapid progress in artificial intelligence (AI) and deep learning technologies has been a significant enabler of the computer vision

market. In particular, deep learning algorithms, such as convolutional neural networks (CNNs), have revolutionized the way AI systems process visual data. These advancements allow computer vision systems to achieve remarkable accuracy in tasks such as image recognition, object detection, and facial recognition. The ability of deep learning models to improve with more data and training has enhanced their performance in real-world applications, making them invaluable across sectors like healthcare, retail, automotive, and security. Moreover, the development of specialized hardware for deep learning, including Graphics Processing Units (GPUs) and Application-Specific Integrated Circuits (ASICs), has made these solutions more efficient and scalable. These technological innovations not only improve the speed and precision of computer vision systems but also drive adoption across industries by making AI-driven visual analytics more accessible and cost-effective.

•

Advancements in Deep Learning Algorithms and Architectures: The increasing deployment of autonomous systems has been one of the key market drivers for AI in computer vision.

Autonomous vehicles, drones, robots, and other smart systems rely heavily on computer vision to operate effectively in dynamic environments. In self-driving cars, for instance, computer vision is used for tasks such as detecting pedestrians, identifying traffic signs, and recognizing road conditions, enabling safe navigation without human intervention. Similarly, drones utilize computer vision to interpret surroundings, map terrain, and carry out complex tasks in agriculture, construction, and logistics. The growing demand for these autonomous systems in various industries, coupled with their reliance on computer vision for real-time decision-making, is driving investments in AI technology. As these systems become more advanced, the need for higher precision and more reliable computer vision models continues to rise, further expanding the market. This trend is expected to fuel significant growth in the AI-powered computer vision market.

•

Increase in Availability of Big Data and Cloud Computing: The explosion of big data and the widespread adoption of cloud computing have significantly boosted the AI in computer vision market. With vast amounts of visual data generated through devices like cameras, sensors, and smartphones, AI algorithms can now be trained on more diverse and comprehensive datasets. Cloud platforms provide the necessary computing power and scalability to process and analyze this data efficiently, enabling real-time image recognition and improving the accuracy and performance of computer vision systems.

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EXECUTIVE SUMMARY

7,386.6

7,800.0

2019

2020

2021

2022

2023

21,800.7

18,691.2

14,800.0

18,768.1

46,511.1

FIGURE NO. 01. GLOBAL ARTIFICIAL INTELLIGENCE IN COMPUTER VISION MARKET SIZE (USD MILLION)

2024

2025

2026

2027

2028

2029

2030

2031

2032

The Global Artificial Intelligence In Computer Vision (AI) Market is valued at USD 21,800.7 Million in 2024, and is expected to reach USD 46,511.1 Million by 2031 the market shows a steady CAGR of 9.4 % from 2025 to 2032

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Page No.39

EXECUTIVE SUMMARY

46,511.1

GLOBAL ARTIFICIAL INTELLIGENCE IN COMPUTER VISION MARKET 2024 Vs 2032 (USD MILLION) ~85.1% Industry ~67.2% Supervised Learning ~85.2% Training ~53.2% Image Recognition

DOMINATORS

21,800.7

~64.5% Hardware

By Component

By Technology

By Business Function

By Model

By Vertical

2024

2032

Please Note: The percentage indicate the market share of 2024.

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Page No. 40

SUPPLY SIDE TRENDS (1/2)

EXECUTIVE SUMMARY

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Edge Computing in AI for Computer Vision Edge computing is a key supply-side trend in AI-driven computer vision, where data processing occurs directly on devices rather than relying on centralized cloud systems. This trend is driven by the need for real-time decision-making, as seen in autonomous vehicles, smart cities, and industrial automation. By processing data locally, edge computing minimizes latency, enabling faster decision-making in applications like self-driving cars. It also reduces reliance on cloud storage, lowering bandwidth requirements and operational costs. Additionally, edge computing enhances privacy by keeping sensitive data on the device, which is critical for sectors like healthcare and finance. Coles and Microsoft's five-year partnership centers on AI, cloud, and edge computing to improve sales, operational efficiency, customer experiences, and innovation across Coles' supply chain, data, and ecommerce platforms. In AI-driven computer vision, this approach allows applications like autonomous vehicles, smart cameras, and IoT devices to make quick, intelligent decisions without a stable internet connection. . Thus, edge computing is transforming AI-driven computer vision by enabling real-time, efficient decision-making across various industries. By processing data locally, edge computing reduces latency, operational costs, and privacy concerns, making it an essential technology for future applications in AI and computer vision.

The Expanding Role of Deep Learning in AI-Enhanced Vision Models AI-powered computer vision is an emerging trend driving significant advancements in various industries. This trend is fueled by deep learning technologies like Vision Transformers and Convolutional Neural Networks (CNNs), which enable more accurate and efficient analysis of complex visual data. Key reasons behind this trend include improved pattern recognition capabilities, such as facial recognition and anomaly detection; increased computational efficiency, driven by AI hardware optimizations; and scalability across devices, making AI applicable from mobile phones to industrial robots. The U.S. National Institute of Standards and Technology (NIST) has emphasized AI's growing role in enhancing image processing and pattern recognition, improving sectors like healthcare, autonomous driving, and manufacturing. Additionally, AI's ability to process visual data in realtime and with minimal energy consumption aligns with sustainability goals, benefiting both businesses and the environment. As AI technology evolves, its integration into computer vision applications will continue to drive precision and efficiency, leading to innovations across industries. The transformative power of AI in visual analysis promises to shape the future of automation, with an increasing range of capabilities being deployed across different devices.

Hyperspectral and multispectral imaging technologies Hyperspectral imaging and multispectral analysis are gaining momentum in the AI-driven computer vision sector. These technologies capture data across a wide range of wavelengths, providing high-resolution insights into various materials and biological tissues. This trend is fueled by advancements in precision agriculture, healthcare, and environmental monitoring. The growing adoption of hyperspectral imaging is driven by several factors. It enables precision agriculture by detecting subtle differences in crop health and soil conditions. In healthcare, it aids in early disease detection, such as identifying tissue abnormalities and cancer cells, enhancing diagnostic accuracy. It contributes to environmental monitoring, where it helps assess air and water quality, thus managing industrial impacts. Governments, such as the U.S. Environmental Protection Agency (EPA), use such technologies for pollution tracking and conservation efforts. For instance, the U.S. EPA has utilized hyperspectral data to detect environmental pollutants, demonstrating its growing application in sustainability initiatives. As these technologies advance, they hold potential to revolutionize decision-making in multiple sectors. This trend underscores the increasing reliance on AI-powered imaging technologies to improve health diagnostics, environmental conservation, and agricultural practices. Enhanced insights from hyperspectral and multispectral imaging will drive further innovations in AI and computer vision.

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SUPPLY SIDE TRENDS (2/2)

EXECUTIVE SUMMARY

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Generative AI services for computer vision Generative AI has become a significant trend in computer vision, revolutionizing industries such as media, retail, and healthcare. It uses algorithms to generate or synthesize new images and visual data, enabling realistic simulations, synthetic datasets, and content creation. This trend is driven by several key factors. Generative AI addresses the challenge of data scarcity, particularly in sensitive fields like healthcare, by creating large volumes of synthetic data for training computer vision models. It helps reduce production costs in media by generating realistic images, videos, and animations, which are essential in content creation. Third, in automotive and robotics, it aids in simulating complex conditions, thereby improving the reliability of autonomous systems. Additionally, generative AI has proven essential for augmenting datasets to improve the performance and accuracy of computer vision models. Generative AI is also being applied in government sectors for defense simulations and healthcare modeling, supporting advancements in security and medical research. For example, the U.S. Department of Defense uses AI-generated simulations for training autonomous vehicles in diverse environments. Thus, generative AI in computer vision will continue to expand across industries, enhancing both creative and practical applications by improving model accuracy and enabling cost-effective solutions.

3D computer vision and LiDAR integration 3D computer vision, particularly with the integration of LiDAR technology, is emerging as a key trend in AI-driven computer vision. This technology is crucial for spatial awareness, offering precise mapping and object detection capabilities, especially in industries such as automotive, logistics, and urban planning. Several factors contribute to the rise of this trend. LiDAR enables detailed 3D spatial mapping, which is critical for autonomous vehicles, allowing them to create accurate environmental models for navigation. 3D computer vision improves object detection, enhancing safety and operational efficiency, particularly in applications like autonomous driving and industrial safety. It supports augmented and virtual reality (AR/VR) by providing the necessary spatial data for immersive and interactive experiences in sectors like retail and entertainment. Governments have also recognized the potential of 3D vision technologies in applications such as urban planning and infrastructure monitoring. For instance, the U.S. Department of Transportation uses LiDAR data to improve road safety and infrastructure development. In conclusion, the integration of 3D computer vision and LiDAR will continue to drive advancements in industries requiring spatial precision, from autonomous navigation to immersive AR/VR experiences, transforming operational workflows and safety protocols.

Neuromorphic Vision Sensors in AI-Driven Computer Vision Neuromorphic vision sensors, which mimic human vision by capturing only changes in a scene instead of full frames, are becoming an important trend in AI-driven computer vision. This innovative approach is especially suited for applications that require fast visual processing, such as robotics and autonomous systems. The growth of neuromorphic vision sensors is driven by several factors. They enhance event-based processing by logging only changes, which significantly improves processing speed and reduces power consumption. These sensors contribute to lower energy usage, making them ideal for energy-sensitive applications like wearable devices and drones. The real-time responsiveness of neuromorphic sensors allows autonomous systems to react instantly, which is critical for high-speed environments like robotics and smart infrastructure. Governments and research institutions have been exploring their use in surveillance and infrastructure monitoring, recognizing their potential to improve efficiency and response times. For instance, the U.S. Department of Defense has shown interest in neuromorphic systems for applications requiring quick and energyefficient processing, such as in military robotics and autonomous systems.In conclusion, neuromorphic vision sensors will transform the capabilities of vision systems, offering efficient, real-time solutions across various industries, particularly in robotics, autonomous vehicles, and smart technologies.

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EXECUTIVE SUMMARY

DEMAND SIDE TRENDS

NLP for Enhanced, Intuitive User Interfaces

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Natural Language Processing (NLP) is increasingly driving a demand-side trend in the computer vision industry, enhancing how users interact with visual data. As users demand more intuitive and accessible interfaces, NLP enables them to issue commands and interact with images and video through natural language. This trend is fueled by several factors: it makes complex computer vision systems more user-friendly, reducing the need for specialized training; it expands accessibility to non-expert users across industries such as healthcare, automotive, and retail; and it allows seamless integration with voice-activated devices, enhancing user engagement. According to the U.S. Department of Commerce, the adoption of natural language technologies is rapidly transforming industries by improving efficiency and accessibility, particularly in sectors like healthcare and security. In conclusion, the integration of NLP in computer vision is not only improving user experience but also driving innovation by making visual data more accessible and easier to interact with, resulting in widespread applications across diverse sectors.

Facial Recognition and Surveillance for Enhanced Security and Safety Facial recognition technology, driven by computer vision, is a demand-side trend reshaping security and surveillance practices. The increasing need for safer environments in public spaces, airports, and workplaces has accelerated the adoption of this technology. AI-powered facial recognition enhances accuracy, reducing misidentification and improving the overall reliability of security systems. This technology allows for rapid and precise identification, aiding in crime prevention, access control, and monitoring restricted areas. Additionally, its contactless nature makes it especially valuable in today’s health-conscious world. According to the U.S. Department of Homeland Security, facial recognition is now widely used at border security checkpoints and airports to streamline identification and prevent unauthorized access. In conclusion, facial recognition in surveillance systems is revolutionizing security practices. By offering faster, more accurate identification, it ensures safer public and private spaces, enhancing the ability to respond quickly to security threats and contributing to overall safety.

Multimodal AI in Computer Vision Multimodal AI in Computer Vision is a demand-side trend, driven by industries such as healthcare seeking more integrated AI models that can process multiple types of data, including text, images, and videos, to derive faster and more accurate insights. This trend is largely due to the need for efficient decision-making—healthcare professionals require quicker, more accurate diagnoses by integrating medical images with patient notes and other textual data, improving overall decision speed. It also offers better accuracy, as multimodal models can recognize complex patterns by processing diverse data types, especially in critical areas like disease detection. Additionally, the use of multimodal AI results in cost and time reductions by merging data sources, reducing the time and resources required to process separate streams. Finally, this technology enables personalized healthcare, as it analyzes diverse data to create tailored treatment plans. According to the U.S. National Institutes of Health (NIH), multimodal AI improves diagnostic accuracy, particularly in detecting diseases like cancer, and reduces misdiagnosis rates. Overall, the demand for multimodal AI in computer vision is growing as industries seek to leverage this technology for more efficient, accurate, and personalized applications, especially in healthcare.

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04

MARKET DYNAMICS ARTIFICIAL INTELLIGENCE IN COMPUTER VISION MARKETHISTORIC YEAR 2019-2023 GLOBAL FORECAST TO 2032

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MARKET DRIVERS & OPPORTUNITIES (1/4)

The Rapid Adoption of Computer Vision in Manufacturing and Healthcare Drives Market •

The rapid adoption of computer vision (CV) in healthcare and manufacturing is fueling market growth, driven by the increasing demand for real-time, precise, and scalable solutions. These sectors enhance the development of efficient, specialized models for tasks like defect detection, diagnostics, and automation, fueling innovations in AI, edge computing, and multimodal systems.

•

In healthcare, CV is transforming diagnostics, patient monitoring, and treatment planning. Our analysis shows that 86% of healthcare providers, life science companies, and tech vendors are utilizing AI. CV systems analyze medical images, including X-rays, MRIs, and CT scans, to accurately detect conditions like tumors, fractures, and heart disease. Additionally, CV supports real-time patient monitoring, robotic surgeries, and telemedicine consultations, enhancing efficiency, precision, and accessibility in healthcare. It plays a critical role in personalized, data-driven care.

•

In addition, in manufacturing, CV enhances quality control, automation, and worker safety. According to SkyQuest’s analysis, 83% of manufacturers are using some form of AI. CV systems perform real-time product inspections, identifying defects to maintain high-quality standards. They also enable robotic vision for precise assembly, material handling, and sorting, while improving predictive maintenance to minimize downtime. Furthermore, CV-based safety systems help detect hazards and ensure compliance with safety protocols, increasing operational efficiency and reducing production costs.

•

Overall, the widespread use of CV in both healthcare and manufacturing is driving significant AI advancements. By improving diagnostics, automation, quality control, and safety, CV optimizes operational efficiency, scalability, and precision. As its applications continue to grow, CV will be pivotal in shaping future innovations and

2025

improving outcomes across industries.

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Page No. 45

MARKET DRIVERS & OPPORTUNITIES (2/4)

Advancements in Deep Learning and Neural Networks especially CNNs and GANs, drives the Market •

Advancements in deep learning and neural networks have become pivotal in driving the growth of AI in the computer vision market, substantially enhancing machines' ability to interpret and understand visual data with greater precision and efficiency. The development of deep learning techniques, particularly Convolutional Neural Networks (CNNs), has significantly improved the performance of computer vision systems. CNNs enable machines to carry out complex visual tasks, such as object detection, facial recognition, and image segmentation, with remarkable accuracy and speed.

•

Additionally, the emergence of Generative Adversarial Networks (GANs) has further revolutionized computer vision by generating realistic synthetic data, which is especially useful for training models in video surveillance. GANs create diverse scenarios for anomaly detection and object tracking, improving model robustness.

Furthermore, the adoption of transfer learning enables AI models to leverage pre-trained networks, reducing data requirements and speeding up deployment, ultimately lowering costs. These breakthroughs have accelerated the adoption of computer vision technologies across industries.

•

With the use of CNNs and GANs in traffic control leverages their capabilities in real-time data analysis and simulation. CNNs process traffic camera footage to detect vehicles, monitor congestion, and identify incidents, optimizing traffic flow. GANs generate synthetic traffic data and realistic traffic scenarios for simulating various conditions, aiding in the testing of traffic management strategies. In 5G-powered IoVs, both CNNs and GANs enhance vehicle-to-everything (V2X) communication, improving safety, traffic efficiency, and supporting autonomous driving technologies in smart transportation systems.

•

In conclusion, advancements in deep learning, particularly CNNs and GANs, have driven significant progress in the AI-powered computer vision market. These technologies enhance machine capabilities in visual tasks, from object detection to facial recognition, with exceptional accuracy and efficiency. CNNs’ ability to autonomously extract features and GANs' synthetic data generation have transformed industries, while transfer learning accelerates model deployment. Together, these

2025

innovations are propelling the widespread adoption of computer vision, creating new opportunities across sectors such as healthcare, security, and autonomous systems.

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Page No. 46

MARKET DRIVERS & OPPORTUNITIES (3/4)

Advancements in GPUs, TPUs, and Edge Devices have significantly enhanced Processing Power, Enabling Faster, Real-Time AIDriven Computer Vision Applications.

•

Advancements in hardware, particularly GPUs, TPUs, and edge devices, have played a crucial role in advancing AI in computer vision. These innovations have enhanced the processing power and efficiency of AI models, enabling faster and more accurate visual data analysis. Graphics Processing Units (GPUs) significantly enhance AI in computer vision by enabling parallel processing, which accelerates tasks like object detection, image classification, and facial recognition. Their ability to handle large datasets and perform simultaneous computations makes them ideal for deep learning, drastically reducing model training time. GPUs are versatile, supporting applications in autonomous vehicles, healthcare imaging, and more. Companies like NVIDIA and AMD lead the development of GPUs, driving AI advancements that require high-performance processing and real-time visual data analysis.

•

Additionally, Tensor Processing Units (TPUs) are specialized hardware optimized for AI tasks like computer vision. Designed for tensor operations, TPUs provide superior performance for tasks such as image recognition and video analysis. Unlike GPUs, TPUs are tailored for machine learning, offering efficiency and speed, particularly in real-time inference. TPUs excel in accelerating both training and inference, making them ideal for applications like facial recognition and medical imaging. Available through Google Cloud, TPUs provide scalable, cost-effective solutions for AI-driven computer vision, enhancing performance in industries like security, healthcare, and automotive.

•

Whereas, Edge devices are becoming crucial drivers for AI in computer vision by enabling real-time processing and decision-making directly at the source of data. Edge devices, including smart cameras, drones, and IoT devices, allow AI models to perform data processing directly on the device, rather than relying on cloud servers. Unlike traditional cloud-based systems, edge devices process visual data locally, reducing latency and enabling faster responses. This is especially important for applications like autonomous vehicles, industrial automation, and retail. As per our analysis, Computer vision technologies could cut manufacturing inspection costs by up to 25%, improving efficiency and reducing manual labor, and an help retailers reduce out-of-stock situations by up to 30%, improving inventory management and customer

2025

satisfaction.

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Page No. 47

MARKET DRIVERS & OPPORTUNITIES (4/4)

AI-Powered Computer Vision: Driving Innovation in AR, VR, and the Metaverse for Immersive Technologies •

The integration of AI-powered computer vision with Augmented Reality (AR), Virtual Reality (VR), and the Metaverse is a transformative driver for advancing immersive technologies. Computer vision enables real-time interpretation and interaction with the physical and digital worlds, making these technologies more responsive, interactive, and intuitive.

•

In Augmented Reality (AR), computer vision is essential for overlaying digital content onto the real world. AI-driven visual recognition helps AR applications understand the environment, track objects, and map 3D spaces. For instance, AR in retail allows customers to virtually try on clothing or preview furniture in their home, as AIpowered computer vision detects the shape, size, and position of objects to provide realistic simulations. Similarly, in healthcare, AR can assist surgeons by overlaying critical information, such as patient vitals or anatomical diagrams, directly onto their field of view, enhancing precision during procedures.

•

In Virtual Reality (VR), computer vision helps create more immersive environments by enabling hand-tracking, facial recognition, and gesture control. For example, VR gaming platforms like Oculus use AI-driven computer vision to track the player’s movements and integrate them into the virtual world, offering interactive and lifelike experiences.

•

The Metaverse—a collective virtual space combining AR, VR, and AI—relies heavily on computer vision to create interactive avatars, spatial awareness, and realistic environments. For example, in virtual meetings or gaming, AI in computer vision ensures accurate body language recognition and facial expression analysis, enhancing social interactions and engagement. This integration of AI, computer vision, AR/VR, and the Metaverse opens up vast possibilities in entertainment, education, healthcare, and more, driving the next wave of innovation in immersive technologies.

•

In conclusion, the integration of AI-powered computer vision with AR, VR, and the Metaverse is revolutionizing immersive technologies. By enabling real-time interaction, enhancing user experiences, and driving innovation across various sectors, this synergy is shaping the future of entertainment, healthcare, retail, and more, unlocking

2025

new possibilities for digital engagement.

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Page No. 48

RESTRAINTS & CHALLENGES (1/3)

Data Privacy Compliance and Security Concerns as a Restraint in AI in Computer Vision •

The rapid advancement of Artificial Intelligence (AI) in computer vision is heavily constrained by growing concerns around data privacy and security. AI technologies in this domain often rely on vast amounts of sensitive data, such as images, videos, and biometric information, which can raise significant privacy risks if mishandled. Data breaches, unauthorized access, and misuse of personal information are real threats that pose legal, ethical, and financial challenges. These issues are particularly acute given the stringent data protection regulations like GDPR and HIPAA, which impose high compliance costs and penalties for non-compliance.

•

According to Boston Consulting Group, privacy remains a top concern for 75% of consumers worldwide, highlighting the critical importance of safeguarding personal information. In the context of AI in computer vision, this means that consumers are increasingly wary of technologies that collect and analyze sensitive data, such as images or biometric information.

•

The ethical implications of using AI for tasks like facial recognition and surveillance also contribute to the hesitation in adopting these technologies. Algorithmic bias, for instance, can lead to unfair and discriminatory outcomes, especially in areas like security, hiring, and law enforcement. This undermines trust in AI solutions, further slowing market adoption. Additionally, the "black-box" nature of many AI algorithms complicates transparency and accountability, making it difficult for organizations to explain or defend automated decisions.

•

Data breaches and adversarial attacks on AI models can expose sensitive data or lead to malicious exploitation, such as manipulating video feeds in surveillance systems.

Model inversion attacks can even allow attackers to infer private information about individuals from AI models, which heightens the risk in applications like healthcare.

•

In conclusion, while AI in computer vision holds immense potential, its widespread adoption is hindered by serious concerns regarding data privacy, security, and ethical implications. Stringent regulations, the risk of data breaches, and issues like algorithmic bias create significant barriers. Without robust safeguards, transparent practices, and compliance with privacy laws, the trust required for broader AI integration in sensitive areas such as healthcare, law enforcement, and surveillance will remain elusive,

2025

limiting its potential impact.

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Page No. 49

RESTRAINTS & CHALLENGES (2/3)

High Implementation and Maintenance Cost Hinders the Growth of AI in Computer Vision •

High implementation and maintenance cost is one of the primary restraints to the widespread adoption of AI in computer vision. Developing AI-powered systems for computer vision requires significant upfront investment in multiple areas. First, gathering and labeling large, high-quality datasets is time-consuming and expensive. These datasets are essential for training AI models and ensuring they perform accurately in real-world scenarios. Additionally, AI models for computer vision typically require substantial computational power, including high-performance GPUs and cloud infrastructure, both of which contribute to high operational costs.

•

According to our research, implementing ERP software with complex configurations can take several months to complete. Similarly, custom AI development projects can be highly costly, with prices ranging from $20,000 to over $500,000, depending on the scope and complexity of the solution. The development process itself also demands significant resources, as skilled AI engineers and data scientists must design, train, and fine-tune models, a task that can take considerable time and expertise. Integration into existing business systems can be another expensive hurdle, as it often requires custom software development, hardware upgrades, and system reconfiguration to ensure smooth deployment.

•

Once implemented, maintaining AI systems also incurs ongoing costs. Models must be continuously updated with new data to remain relevant, and system performance needs to be monitored to detect and address any issues. Furthermore, compliance with ever-evolving privacy regulations adds another layer of complexity and cost. These high initial and ongoing expenses can be prohibitive for smaller businesses, limiting AI adoption primarily to larger organizations with more financial resources.

•

In conclusion, the high implementation and maintenance costs of AI in computer vision pose significant barriers to adoption, particularly for smaller businesses. These expenses, covering data collection, development, integration, and ongoing maintenance, make AI solutions more accessible to larger organizations with the necessary

2025

resources, hindering broader market adoption

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Page No. 50

RESTRAINTS & CHALLENGES (3/3)

Data Quality and Annotation Requirements as Challenges for AI in Computer Vision •

Data quality and annotation are critical challenges that significantly impact the effectiveness, accuracy, and scalability of AI systems in computer vision. For AI models to accurately interpret and make decisions based on visual data, they must be trained on vast amounts of high-quality, labeled data. However, collecting and curating these datasets is both time-consuming and expensive. Poor-quality data—whether due to low resolution, noisy environments, or insufficient diversity—can lead to models that perform inadequately in real-world scenarios.

•

Data annotation, the process of labeling images or video frames to train AI models, adds another layer of complexity. Annotating data requires domain expertise and a deep understanding of the context in which the AI will operate. For example, in facial recognition or medical imaging, labels need to be accurate and consistent to ensure the model can make correct predictions. Even slight errors in labeling, such as misidentifying an object or incorrectly marking the boundaries of a feature, can lead to significant model inaccuracies. Furthermore, inconsistencies in annotations across a large dataset can cause the AI to struggle with making reliable decisions, particularly in diverse or unfamiliar environments.

•

Another significant challenge is the need for large, diverse datasets. As AI models become more sophisticated, the volume of data required for training increases. These datasets must account for a wide range of variables, such as different lighting conditions, backgrounds, angles, and variations in object appearance. Failure to maintain this diversity can lead to models that are overly specialized and fail to generalize well across new environments or real-world situations.

•

Additionally, the cost of data annotation remains a major barrier, especially for smaller organizations or industries without sufficient resources. The high expense, coupled with the time required for accurate annotation, limits the scalability of AI in computer vision, slowing its adoption across various sectors. Addressing these data-related

2025

challenges is key to improving the reliability, performance, and accessibility of AI-driven computer vision systems.

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Page No. 51

PORTER’S FIVE FORCES ANALYSIS (1/3)

Supplier Power

Buyer Power

Competitive Rivalry

Medium

Medium to High

High

Threat from Substitutes

Medium

Threat of New Entrants

Medium

Low

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Medium

High

Page No.52

PORTER’S FIVE FORCES ANALYSIS (2/3) Supplier Power: Medium •

Supplier power in the computer vision market is medium. The primary suppliers for computer vision technologies are hardware providers, particularly those supplying specialized computing power like Graphics Processing Units (GPUs). Major companies such as Nvidia and Intel dominate this market, but alternatives, such as cloud services from AWS, Google Cloud, and Microsoft Azure, have mitigated the concentration of power. These cloud platforms offer scalable AI model training and deployment, reducing reliance on expensive on-premise hardware.

•

However, the high dependency on specialized hardware for training AI models, particularly for deep learning and neural networks, means that companies must rely on a few suppliers.

Furthermore, quality data is a crucial component for training robust computer vision models, and there is increasing competition among data providers. Organizations can mitigate some supplier power by using synthetic data or leveraging publicly available datasets, but obtaining high-quality, annotated datasets can still be a challenge.

Buyer Power: Medium to High •

Buyer power in the computer vision market is medium to high due to the increasing availability of multiple solutions from various vendors and the low switching costs involved. Buyers, especially large enterprises in industries like automotive, healthcare, and security, have several options when it comes to choosing a computer vision provider, which enhances their bargaining power. With a broad range of AI-powered computer vision tools available in the market, buyers can easily compare offerings in terms of performance, price, and customization capabilities.

•

The rise of open-source technologies also empowers buyers to experiment with solutions before making long-term commitments, further amplifying their negotiating strength. Moreover, with the increasing focus on ethical AI and regulatory requirements around data privacy, buyers are demanding more transparency, customization, and trust from their suppliers. This pressure results in better deals and tailored solutions. However, large buyers such as multinational companies may wield more power, as they can negotiate favorable pricing and terms, leveraging their scale.

Competitive Rivalry: High •

The competitive rivalry in the computer vision market is high due to the presence of established players like Google, Microsoft, Intel, Nvidia, and Amazon, alongside numerous smaller startups. These companies are heavily investing in research and development to stay ahead, leading to rapid technological advancements. The market is highly dynamic, with businesses competing to offer superior accuracy, speed, and efficiency in their AI solutions.

•

In addition, the proliferation of open-source tools and frameworks like TensorFlow, OpenCV, and PyTorch has allowed smaller companies and startups to enter the market and offer competitive solutions. With the increasing demand for computer vision applications across industries like healthcare, automotive, and retail, the competition is set to intensify. Companies also face price competition, as innovations and new players often drive down prices in a bid to capture market share. Thus, the rivalry is driven by the need for constant innovation, differentiation, and cost competitiveness.

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Page No.53

PORTER’S FIVE FORCES ANALYSIS (3/3)

Threat from Substitutes: Medium •

The threat of substitution for computer vision AI solutions is medium. While AI-powered computer vision has largely surpassed traditional computer vision methods in terms of accuracy, scalability, and adaptability, there are still niches where alternative technologies, like rule-based or template-based solutions, can be effective. These older techniques might be cheaper and easier to implement in environments with less complexity or where highly accurate results aren't as critical. Additionally, in some use cases, simpler computer vision methods like image segmentation or optical character recognition (OCR) might not require AI-based models, providing a form of substitution.

•

However, the broader trend is moving towards AI-driven solutions due to their ability to handle larger datasets, adapt to changing conditions, and offer more sophisticated insights.

Emerging technologies like quantum computing and edge AI also present a potential risk of substituting existing AI solutions if they can offer better performance or lower costs.

Nevertheless, the superior capabilities of AI-based computer vision in handling complex, dynamic tasks have limited the substitution threat, especially in industries that demand high precision, such as autonomous driving and medical imaging.

Threat of New Entrants: Medium •

The threat of new entrants in the computer vision market is medium. While the AI and computer vision industries are characterized by significant barriers to entry, such as the need for high capital investment, specialized talent, and access to large datasets, the entry barriers have decreased somewhat due to advancements in open-source frameworks and cloud computing platforms. Open-source libraries like OpenCV, TensorFlow, and PyTorch make it easier for startups to access sophisticated tools, reducing the need to develop proprietary technologies from scratch. Additionally, cloud services such as AWS, Google Cloud, and Microsoft Azure allow small companies to scale their operations without requiring heavy upfront investments in infrastructure.

•

Despite these advantages, developing highly accurate and reliable computer vision models still requires significant expertise in deep learning, neural networks, and data science.

Furthermore, to compete with established players, new entrants need to develop unique value propositions or target niche markets. They also face the challenge of accessing proprietary, labeled data necessary for model training. While the potential for new entrants exists, the high complexity of creating competitive solutions and the significant capital required to scale limit the ease with which new players can disrupt the market.

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05

KEY MARKET INSIGHTS o

Top Investment Pocket

o

Case Study Analysis

o

Technology Analysis

o

Macroeconomic Indicator

o

PESTLE Analysis

o

Market Attractiveness Index

o

Ecosystem Mapping

o

Key Success Factors

o

Degree of Competition

o

Regulatory Analysis

o

Startup Analysis

o

Patent Analysis

o

Pricing Analysis

o

Value Chain Analysis

o

Comparative analysis of Cost Structure in CV Implementation

ARTIFICIAL INTELLIGENCE IN COMPUTER VISION MARKETHISTORIC YEAR 2019-2023 FORECAST TO 2032

Back to Page No.55 TOC

KEY SUCCESS FACTORS HISTORIC YEAR 2019-2023 GLOBAL FORECAST TO 2032

Page No.56

KEY SUCCESS FACTORS OF THE MARKET

FIGURE 2. GLOBAL ARTIFICIAL INTELLIGENCE IN COMPUTER VISION MARKET KEY SUCCESS FACTORS Scalability of AI Models (Ability to handle large datasets) Partnerships and Alliances (Access to diverse technologies)

10

Edge Computing Integration (Enhances real-time processing)

5

Regulatory Compliance (Ensures adherence to standards)

Improved Model Accuracy (Leads to better decision-making)

0

Real-time Processing (Critical for time-sensitive applications)

Cloud-based Solutions (Flexibility, ease of access)

Data Annotation Tools (Quality input for training models)

Customizable Algorithms (Adaptability to specific use cases)

AI Hardware Optimization (Improves model performance) •

The above graph explains various features or characteristics of various success factors and their impact on the Global Artificial intelligence Market.

•

The key success factors of the market include Technological

Innovation, Data Quality and Quantity, Strategic Partnerships and Collaborations, Regulatory Compliance and Ethical

Considerations, Domain Expertise and Model Knowledge, and User Experience and Accessibility , Market Understanding and Customer Insights.

•

On a scale of 0-8, 1 is the lowest, and 8 is the highest rank.

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DEGREE OF COMPETITION HISTORIC YEAR 2019-2023 GLOBAL FORECAST TO 2032

Page No.58

DEGREE OF COMPETITION

FIGURE 3. GLOBAL ARTIFICIAL INTELLIGENCE IN COMPUTER VISION MARKET DEGREE OF COMPETITION

Geography Market Parameters

North America

Europe

Asia Pacific

Latin America

Middle East & Africa

Technology Advancement

R&D Investment & Innovation

Regulatory Compliance & Standards

Market Penetration & Adoption Rate

Strategic Partnerships & Alliances

High

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Medium

Low

Page No. 59

REGULATORY ANALYSIS HISTORIC YEAR 2019-2023 FORECAST TO 2032

Page No.60

ARTIFICIAL INTELLIGENCE IN COMPUTER VISION: REGULATORY ANALYSIS (1/5)

FIGURE 4. GLOBAL AI IN CV MARKET REGULATORY LANDSCAPE

REGULATORY LANDSCAPE

Personal data protection, including visual data.

Role in Computer Vision: Ensures AI models respect privacy by limiting data usage and requiring explicit consent.

Consumer rights for data access and deletion.

Role in Computer Vision: Mandates that consumers can access, delete, and control their visual data used by AI systems.

Strict guidelines for biometric data collection and consent.

Role in Computer Vision: Governs the ethical use of facial recognition and other biometric data in AI models.

Protects health data in healthcare.

Role in Computer Vision: Regulates how computer vision models handle sensitive health-related visual data, ensuring privacy.

Privacy of personal data in Singapore.

Role in Computer Vision: Governs how personal visual data is collected, processed, and stored in AI applications in Singapore.

Privacy for electronic communications.

Role in Computer Vision: Ensures AI models comply with privacy regulations regarding visual data captured through digital communications.

Ensures truthful consumer data claims in AI systems.

Role in Computer Vision: Enforces transparency, ensuring that AI systems do not deceive consumers regarding how visual data is processed.

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Page No.61

ARTIFICIAL INTELLIGENCE IN COMPUTER VISION: REGULATORY ANALYSIS (2/5)

1. General Data Protection Regulation (GDPR) •

The General Data Protection Regulation (GDPR) is a comprehensive regulation by the European Union aimed at protecting personal data and ensuring individuals' privacy rights.

Effective from May 25, 2018, GDPR applies to all organizations that process the personal data of EU citizens. Under GDPR, personal data includes not just textual information but also visual data, such as images or videos that can identify individuals. This poses unique challenges for computer vision technologies that often capture and process such data through devices like CCTV or AI-powered cameras.

•

To comply with GDPR in computer vision applications, organizations must ensure that personal data is collected legally and used only for specified purposes. Data minimization is a key principle, meaning only the necessary data should be collected. Additionally, techniques like anonymization or pseudonymization should be used to remove personally identifiable information (PII) before storing or processing the data. Explicit consent must be obtained if the data is used for purposes like facial recognition.

•

In the workplace, GDPR requires organizations to inform employees about the collection of their visual data through transparency and provide avenues for individuals to exercise their rights, such as accessing or deleting data. Companies using computer vision should also establish clear data retention policies to ensure compliance.

•

Overall, GDPR emphasizes the importance of respecting individuals' privacy rights while enabling the use of advanced technologies like computer vision. Adhering to these principles ensures that both privacy and innovation are balanced effectively.

2. California Privacy Rights Act (CPRA) •

The California Privacy Rights Act (CPRA), enacted in 2020, is a state-level privacy law designed to replace the California Consumer Privacy Act (CCPA). The CPRA came into effect on January 1, 2023, with a lookback period starting from January 1, 2022. This regulation introduces new data privacy concepts in California, bringing it closer to the EU’s GDPR, expanding consumer rights, and addressing gaps in the previous version of the CCPA. In 2022, 90% of companies required to comply with the CCPA were unprepared for the regulation’s requirements.

•

Computer vision systems often process sensitive data, such as facial recognition, which can be used to identify individuals across various public spaces. This raises privacy concerns, especially when such data is linked to personal identifiers like email addresses or credit card numbers. If companies use facial recognition in the workplace or public settings, they must ensure they comply with CPRA requirements, including acquiring explicit consent from individuals whose data is being collected.

•

The CPRA mandates that businesses inform consumers about the collection and use of their data, offering them the right to access, delete, or opt out of certain uses of their data. With AI-driven systems, like facial recognition, businesses must ensure that they do not inadvertently expose personally identifiable information (PII) and are transparent about how the data is processed, stored, and shared.

•

Companies that proactively address privacy concerns and implement strong privacy protections not only comply with regulations but can also gain a competitive advantage. As privacy laws evolve, such as under CPRA, businesses must stay adaptable, ensuring compliance while maintaining the trust of their users. alwaysAI, for instance, emphasizes flexible privacy protections to ensure compliance without compromising functionality.

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Page No.62

STARTUP ANALYSIS HISTORIC YEAR 2019-2023 GLOBAL FORECAST TO 2032

Page No.63

STARTUP ANALYSIS

• The cumulative funding analysis highlights the progression of investment in AI startups

FIGURE 5. GLOBAL AI IN CV MARKET STARTUP ANALYSIS

within the computer vision domain over the years. Starting modestly, funding in earlier years (before 2016) was relatively small, reflecting the nascent stage of AI and computer vision technologies. During this period, investments primarily targeted seed rounds and early-stage ventures, as companies focused on establishing proof of concept and initial market entry.

• From 2016 onwards, the data indicates a gradual increase in funding, spurred by advancements in AI algorithms and an uptick in real-world applications of computer vision. The rise in Series A and B funding during this period reflects growing investor confidence and the scaling efforts of startups. A notable acceleration in cumulative funding is observed post-2020. This shift aligns with a global surge in digital transformation

during

the

COVID-19

pandemic,

which

increased

demand

for

automation and computer vision technologies in industries such as healthcare, retail, and security. Companies like UiPath and SenseTime secured significant funding, contributing to the steep growth curve.

• By 2024, the cumulative funding reaches its peak, showcasing the sector's maturity and appeal to investors. Late-stage funding rounds, including Series D and beyond, dominate, signifying that startups are moving toward market expansion, product diversification, and achieving profitability. The data also underscores the emergence of unicorn startups, with multiple companies raising hundreds of millions in later rounds.

• This trend reflects the increasing reliance on AI-driven computer vision solutions in 2016

2017

2018

2019

2020

2021

2022

2023

various applications, such as facial recognition, object detection, and process automation. The growing cumulative funding not only showcases investor optimism but also hints at a broader market adoption of these technologies, driven by their

Cumulative Funding Amount (In Million USD)

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transformative potential across multiple industries.

Page No.64

TOP STARTUPS GLOBALLY (1/5)

Company Name

Establishment Year

Headquarter

Revenue (In Million USD)

Total Funding (In USD Million)

Ocular AI

2024

USA

NA

0.5

AnyClip

2023

USA

37.3

71

Funding Round Funding Round Date (In Instrument Type Funding Amount Type Month,Year) Feb 2024

May-21 Jul-15

World Labs

2023

USA

NA

NA

Seed

Round 1

0.5

Seed Round - Ocular AI

NA

NA

Series C

Late Stage

47

Series B

Early Stage

21

Venture

Early VC

250

NA

NA

No Investment

No Investment

Sep-24 Apr-24

EyePop.ai

2023

USA

3

2

Jan-25 NA Apr-24 Jan-23

Epigos AI

2021

UK

3.2

NA

No Investment

Seed Early Stage VC (Series A) Seed Round Accelerator/Incubator Seed Round No Investment

*Please note that certain values provided in this section have been converted into US dollars based on the average exchange rate of the corresponding currency over the respective year

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Page No.65

PATENT ANALYSIS HISTORIC YEAR 2019-2023 FORECAST TO 2032

Page No.66

PATENT ANALYSIS (1/2)

EVOLUTION OF PATENT DOCUMENTS BETWEEN 2001 TO 2024 Figure 6. Global Artificial Intelligence In Computer Vision Market Patent Analysis

•

The analysis of patent publications for computer vision from 2001 to 2024 highlights a remarkable growth trajectory, reflecting the increasing importance and application of computer vision technologies across industries. In 2001, there were only 623 publications, indicating the nascent stage of the field. Over the subsequent years, the number of patents grew steadily, crossing 1,000 in 2003 and nearly doubling by 2006 (1,906).

•

The period from 2006 to 2012 saw accelerated growth, with annual publications rising to 4,808 by 2012. This trend corresponds to advancements in foundational technologies like machine learning and improvements in computational power, enabling more sophisticated computer vision applications.

•

From 2012 onwards, the growth became exponential. By 2014, patents had reached 6,716, and just three years later, in 2017, the figure surpassed 10,000. The adoption of deep learning, particularly convolutional neural networks (CNNs), revolutionized the field during this period, driving innovation in object detection, facial recognition, and autonomous systems.

•

The trend continued into the 2020s, with the number of patents reaching 17,459 in 2019 and experiencing a massive surge to 21,875 in 2020, likely driven by increased investments in AI technologies. By 2024, the number of publications had grown to an impressive 30,979, marking nearly a 50-fold increase from 2001. This growth reflects the integration of computer vision in

01 0 02 0 03 0 04 0 05 0 06 0 07 0 08 0 09 0 10 0 11 0 12 0 13 0 14 0 15 0 16 0 17 01 8 01 9 02 0 0 21 0 22 0 23 0 24 0 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2

diverse domains such as healthcare, automotive, retail, and surveillance.

This analysis states that computer vision is a rapidly evolving field with significant investment in research and development. The consistent growth in patent publications indicates robust innovation and strong commercial interest.

The analysis provides a clear signal of market maturity and the potential for disruptive innovations, guiding strategic decisions such as partnerships, investment in R&D, and alignment with emerging technologies to capitalize on the transformative potential of computer vision.

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Page No.67

PATENT ANALYSIS (2/2)

•

The patent analysis reveals the leading technology companies actively innovating in various sectors, particularly in artificial intelligence (AI) and computer vision. Intel, Microsoft, IBM, and Google are among the top patent applicants, with Google leading at 2,787 applications, followed by Intel at 2,545. These companies are known for pioneering advancements in AI, particularly in hardware acceleration (Intel), machine learning platforms (Microsoft), and deep learning algorithms (Google), all of which are integral to AI in computer vision applications.

•

Other significant players include IBM and Qualcomm, which are innovating in AI platforms, edge computing, and AI-driven image recognition. Huawei and Baidu’s high patent filings reflect the growing strength of AI research in China, with Huawei focusing on AI-powered image recognition and Baidu on autonomous driving, where computer vision plays a central role.

•

Apple’s patents in AI for mobile imaging and AR also highlight the importance of computer vision in consumer products. NVIDIA’s contributions in AI hardware, particularly GPUs, are vital for deep learning and computer vision applications, such as image processing and real-time object recognition.

•

Thus, The patent landscape reveals where innovation is concentrated by highlighting companies that lead in AI and computer vision advancements. Companies like Google, Intel, and Microsoft are driving key trends, particularly in deep learning, machine vision, and AI hardware.

TOP APPLICANT

7,225

2,500

2,480

2,333

2,307

2,787

2,490

2,005

1,443

TOP APPLICANT

2,145 www.skyquestt.com

2,025

1,833

1,778

Page No.68

PRICING ANALYSIS HISTORIC YEAR 2019-2023 FORECAST TO 2032

Page No.69

PRICING ANALYSIS (1/3)

•

The cost of AI in computer vision varies significantly based on the solution type, deployment model, and usage scale. Cloud-based AI services from providers like Azure and Oracle generally follow a usage-based pricing model, with costs ranging from $0.05 to $1.50 per 1,000 transactions, depending on the complexity of the analysis. These services typically charge on a pay-per-use or subscription basis, with monthly fees ranging from $50 to $2,000, based on the transaction volume processed.

•

The Azure and Oracle platforms are the most widely used cloud-based AI services for computer vision due to their scalability, flexibility, and integration with other cloud offerings. This pricing structure, combined with the availability of advanced tools and support, positions Azure and Oracle as top choices for businesses seeking reliable, cost-effective solutions for AIpowered computer vision tasks. Furthermore, these platforms’ ability to handle complex AI workloads while maintaining high performance adds to their widespread adoption.

Services

•

Azure (S1) Price (per 1,000 Transactions)

Oracle Price (per 1,000 Transactions)

Image Analysis

$0 (First 5,000 transactions) to $0.90 (100M+)

$0 (First 5,000 transactions) to $0.25

OCR

$0 (First 5,000 transactions) to $0.90 (100M+)

$0 (First 5,000 transactions) to $1.02

Custom Training

$0 (First 15 hours) to $1.53 per hour (after 15 hrs)

$0 (First 15 hours) to $1.53 per hour

Both Azure and Oracle offer competitive and flexible pricing models for computer vision AI services, with their rates depending on the scale and complexity of usage. For both platforms, image analysis and OCR services are free for the first 5,000 transactions, making them cost-effective options for businesses with lower usage volumes. After this initial free tier, Azure’s pricing can go up to $0.90 per 1,000 transactions for large volumes (100M+ transactions), whereas Oracle’s pricing remains significantly lower at $0.25 per 1,000 transactions for high volumes, which provides a clear cost advantage for larger-scale users.

•

Both platforms also offer similar pricing for custom training, with rates starting at $0 per hour for the first 15 hours, and increasing to $1.53 per hour after 15 hours of usage. This pricing structure is suitable for businesses that require specialized training for specific use cases.

•

Overall, while Oracle offers lower prices for high-volume transactions, Azure provides a broad range of services with added features, making it a versatile option for diverse business needs.

The choice between these platforms ultimately depends on the specific requirements of the business, such as the expected volume of transactions and the need for additional AI features and integrations.

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Page No.70

PRICING ANALYSIS (2/3) Azure AI Vision Pricing Analysis Price Breakdown For Image and Video Analysis Services_Azure AI Vision

•

Azure AI Vision offers a wide range of pricing options based on usage volume and service types. The pricing varies across different service categories,

Disconnected S1 (96M)

including image analysis, embeddings, spatial analysis, video retrieval, and

Disconnected S1 (24M)

Azure commitment tiers, with specific rates for Standard and Disconnected

Connected S1 (8M)

containers. This flexibility allows users to choose an optimal plan according to

Connected S1 (2M)

their transaction volume and service requirements, ensuring that both small-

Connected S1 (500K) Azure S1 (8M)

scale and enterprise-level users can benefit from the platform.

•

Azure AI Vision offers a flexible pricing structure based on service categories

Azure S1 (2M)

and transaction volumes. For Image Analysis, Group 1 services start at

Azure S1 (500K)

$0.45 per 1,000 transactions for volumes up to 1 million, increasing to $0.9

Video Query

for over 100 million transactions. Group 2 services are more expensive,

Video Ingestion

ranging from $0.3 to $1.5 per 1,000 transactions. Embeddings (both image

Spatial Analysis

and text) are priced at $0.05 per 1,000 transactions, providing a cost-

Text Embeddings

effective solution for developers. Spatial Analysis and Video Retrieval

Image Embeddings

services are also affordable, with rates of $0.05 per hour and $0.05 per

Standard (S1) - Group 2 (1M+) Standard (S1) - Group 2 (0-1M) Standard (S1) - Group 1 (100M+) Standard (S1) - Group 1 (10-100M) Standard (S1) - Group 1 (1-10M) Standard (S1) - Group 1 (0-1M) Free (FO)

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minute, respectively.

•

For high-volume users, Commitment Tiers offer better value, with prices dropping from $0.5 to $0.7 per 1,000 transactions based on usage. The Disconnected S1 tier offers a higher price per transaction but supports up to 96 million annual transactions. This pricing structure is designed to accommodate both small businesses and large-scale operations effectively.

Page No.71

PRICING ANALYSIS(3/3)

Oracle Cloud Infrastructure Vision Service Pricing Oracle's AI Vision pricing structure is designed to provide scalable solutions for users based on their specific needs. The pricing is divided into categories such as Image Analysis, OCR, and Custom Training, with varying rates depending on the volume or duration of usage. This structure is designed to support both small-scale and large-scale operations, offering cost-effective solutions for lower usage and scaling up as demands increase.

Oracle's AI Vision pricing is tiered, offering both free and paid options based on usage.

For Image Analysis, the first 5,000 transactions are free, making it accessible for small projects or testing. Beyond 5,000 transactions, the price increases to $0.25 per 1,000 transactions (₹21.11), reflecting the additional processing power required for higher volumes. Similarly, for OCR, the first 5,000 transactions are free, but after that, the cost rises to $1.02 per 1,000 transactions (₹84.45).

For Custom Training, Oracle offers the first 15 hours of training for free, which is beneficial for initial setup or small-scale customizations. However, once the training exceeds 15 hours, the price increases to $1.53 per training hour (₹126.68). This pricing model ensures that smaller businesses or users can experiment with Oracle's AI Vision tools without incurring significant costs upfront, while larger users who require more extensive use of the service will pay a premium for higher volumes or longer training times.

Overall, Oracle's pricing structure is tiered to provide flexibility for both low- and highvolume users, offering an affordable entry point while scaling costs based on demand.

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Page No.72

COMPREHENSIVE ANALYSIS OF COST STRUCTURE IN COMPUTER VISION IMPLEMENTATION

ARTIFICIAL INTELLIGENCE IN COMPUTER VISION (AI) MARKETHISTORIC YEAR 2019-2023 FORECAST TO 2032

Page No.73

COMPREHENSIVE ANALYSIS OF COST STRUCTURE IN COMPUTER VISION IMPLEMENTATION (1/3) Computer vision solutions are increasingly integral to modern industries, enabling automation and enhancing the accuracy of image and video processing tasks. These systems, which combine sophisticated algorithms with advanced hardware, offer significant potential for improving operational efficiency, safety, and customer service. However, implementing computer vision technology comes with a diverse range of costs that vary depending on the specific use case and deployment model. The complexity of both the hardware and software components, as well as the choice between cloud-based or edge-based deployments, can greatly influence the overall cost structure. This analysis aims to explore the primary cost drivers involved in computer vision implementation, including hardware requirements, software components, algorithm complexity, and ongoing maintenance. It also discusses strategies for optimizing costs while ensuring the performance and scalability of computer vision solutions to maximize return on investment.

Key Cost Drivers in Computer Vision Models Computer vision implementation consists of two primary components: Hardware: This includes cameras, frame grabbers, controllers, and IoT devices for edge processing.

Software: Encompasses custom algorithms, proprietary computer vision APIs, cloud computing infrastructure, and monitoring solutions.

The cost of each component depends on the specific use case, making accurate cost estimation challenging. A thorough project discovery phase is recommended to identify system requirements and refine the design and deployment scenario.

1. Hardware Requirements The hardware cost primarily revolves around computer vision cameras (charge-coupled devices or CCDs), which range from $30 to $3,500. Despite advancements, computer vision cameras have limitations compared to human vision, such as a lower megapixel range (2 to 21 MP vs. the human eye’s 576 MP). Key considerations include: •Camera Quantity and Placement: Adequate coverage without blind spots.

•Environmental Conditions: Addressing issues like lighting variations and obstructions.

•Compliance: Adherence to local privacy laws and regulations.

Trade-offs exist between speed, quality, and cost. For example: •High-definition color cameras are suitable for fast production line inspections but are costlier.

•Monochrome cameras may suffice for scenarios where color sensing is unnecessary, such as automatic license plate recognition.

On-site evaluations are recommended to assess operational conditions and optimize hardware configurations. Changes in camera-to-focal-point distance or model accuracy requirements can necessitate additional hardware investments.

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Page No.74

VALUE CHAIN ANALYSIS HISTORIC YEAR 2019-2023 GLOBAL FORECAST TO 2032

Page No.75

VALUE CHAIN ANALYSIS FOR ARTIFICIAL INTELLIGENCE IN COMPUTER VISION (1/5)

FIGURE 7. GLOBAL AI IN CV MARKET VALUE CHAIN ANALYSIS Research and Development (R&D)

Data Collection and Labeling

Technology

Hardware and

Development and

Infrastructure

Integration

Development

Market Feedback and Continuous Improvement

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Regulatory Compliance

Application Development

End-User Integration

Distribution and

and Support

Deployment

Page No.76

76

VALUE CHAIN ANALYSIS FOR SMART CITIES (2/5)

The value chain of the global AI in computer vision market comprises a series of strategically interconnected stages that drive the development, deployment, and adoption of various visual intelligence technologies across industries. Our analysis identifies nine critical stages: Research and Development, Data Collection and Labeling, Technology Development and Integration, Hardware and Infrastructure Development, Application Development, Distribution and Deployment, End-User Integration and Support, Regulatory Compliance, and Market Feedback and Continuous Improvement. Each stage is integral to ensuring the delivery of advanced, scalable, and reliable computer vision solutions that meet the varied needs of enterprises, governments, and consumers. Effective collaboration and seamless alignment across these stages are essential to fostering innovation, ensuring ethical deployment, maximizing market impact, and addressing real-world challenges through visual AI intelligence.

Step 1: Research and Development (R&D) - R&D is the foundational layer of the AI in computer vision value chain. This step involves creating algorithms, frameworks, and models that define the capabilities of AI systems. Companies invest heavily in advancing deep learning techniques, neural network architectures, and optimization algorithms to enhance object detection, facial recognition, and image segmentation. Our study also reveals that collaborations between academic institutions and industry players help in driving innovation, with many organizations like NVIDIA, OpenAI, and Google working in developing sophisticated AI libraries. The rise of open-source platforms like TensorFlow and PyTorch has also democratized access to modern tools, accelerating breakthroughs in areas such as 3D vision and edge computing..

Step 2: Data Collection and Labeling - Data is the lifeblood of AI in computer vision. High-quality datasets are critical for training and validating AI models. Companies invest significantly in sourcing and curating vast amounts of labeled data to ensure accuracy and reliability. We also observe a growing trend toward synthetic data generation, especially in scenarios where real-world data collection is expensive or infeasible. Annotation tools, often powered by human-in-the-loop mechanisms, play an important role in labeling tasks such as bounding boxes, semantic segmentation, and instance segmentation. Many emerging platforms are optimizing this process, offering scalable and cost-effective solutions to meet industry demands.

Step 3: Technology Development and Integration- The development of core AI technologies is seamlessly integrated into downstream processes. This step encompasses creating software solutions, APIs, and hardware accelerators for computer vision applications. Here, companies focus on ensuring that AI models are optimized for deployment across diverse hardware, ranging from GPUs and TPUs to edge devices. The integration of AI in computer vision with Internet of Things (IoT) systems, augmented reality (AR), and autonomous vehicles highlights the versatility of these solutions. According to SkyQuest’s insights, modular architectures and plug-and-play frameworks are gaining traction, enabling faster adoption across industries like retail, healthcare, and automotive.

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Page No.77

TOP INVESTMENT POCKETS HISTORIC YEAR 2019-2023 GLOBAL FORECAST TO 2032

Page No.78

TOP INVESTMENT POCKETS (1/2)

AI-Driven Automation and Robotics AI-driven automation and robotics, such as autonomous drones, robotic arms, and automated inspection systems, all need technology investment in their sophisticated computer vision capabilities to make progress in the many diverse areas which rely upon such autonomous systems. Advancing computer vision solutions for industrial automation in quality inspection, predictive maintenance, and automated manufacturing is also key to improving operational efficiency and reducing human error in a myriad of industries that help boost productivity.

Funding research and development in these areas will help these companies remain at the helm of technological innovations, stay competitive, and drive tremendous growth in the AI and computer vision market. ,

Advanced Neural Network Architectures Advanced Neural Network Architectures are a key investment pocket for AI and computer vision companies. Technologies like convolutional neural networks (CNNs), recurrent neural networks (RNNs), and transformer models are essential for improving the performance of computer vision applications. Investing in these architectures enables companies to enhance the accuracy, efficiency, and scalability of vision-based solutions across industries such as healthcare, autonomous driving, and security. By fostering continuous innovation, companies can solve complex tasks like image recognition, segmentation, and object detection with greater precision, positioning themselves at the forefront of advancements in AI-driven computer vision technology.

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Page No.79

CASE STUDY ANALYSIS HISTORIC YEAR 2019-2023 GLOBAL FORECAST TO 2032

Page No.80

Pulse Estimation through Advanced Computer Vision Analysis (1/2)

Section 1: A Case History

Section 2: Action Plan

Background Information

Advanced Computer Vision for Pulse Detection

Client Name: Biostrap Model: Wearable Health Platform (PulseCam iOS App) Founded: 2016

Objective: To accurately estimate heart rate from facial video captured via a mobile device

Use Case: Heart Rate Estimation via Computer Vision

camera using computer vision techniques.

Overview:

Execution:

Biostrap partnered with PulseCam to develop an iOS application that estimates heart

•Facial Micro-Movements Detection: The team used advanced computer vision

rate by analyzing facial features using the phone’s camera. PulseCam was designed to

analysis to track subtle skin tone changes and involuntary facial movements, which

bring advanced computer vision-based pulse estimation to mobile devices, making health tracking accessible through everyday smartphones. This solution leverages the power of computer vision to track subtle skin tone variations and micro-movements in the face, offering real-time heart rate monitoring without the need for wearable devices.

Description of the Presenting Problem •Lack of Non-invasive Heart Rate Monitoring: Users were looking for an easy and non-invasive way to monitor their heart rate without wearing any devices.

•Inaccessibility of Advanced Technology: There was a gap in accessible heart rate monitoring, especially for those who do not use traditional wearables like fitness trackers or smartwatches.

occur due to blood flow changes with each heartbeat.

•Data Translation into Heart Rate Estimates: The data from the skin tone changes and facial movements were then processed and translated into an accurate heart rate estimate.

•AR Integration with iOS: By integrating ARKit (introduced in iOS 11), the team was able to display real-time heart rate data in augmented reality above the user's head when facing the camera.

Outcome: The app successfully provided real-time pulse estimation using only the front-facing

Core Issue:

camera. While it offered a fun and interactive experience for users, the potential for

Developing a solution that can estimate heart rate accurately and in real-time, using

complex applications in healthcare and wearable tech is significant.

only the phone’s camera, to make pulse estimation accessible to everyone without the need for specialized hardware.

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Page No.81

TECHNOLOGY ANALYSIS ARTIFICIAL INTELLIGENCE IN COMPUTER VISION (AI) MARKETHISTORIC YEAR 2019-2023 FORECAST TO 2032

Page No. 82

ARTIFICIAL INTELLIGENCE IN COMPUTER VISION: TECHNOLOGY ANALYSIS (1/3)

APPLICATION ANALYSIS OF TECHNOLOGY

TECHNOLOGICAL BENEFITS AND CHALLENGES

MARKET TRENDS AND FUTURE OUTLOOK

Deep Learning (DL)

Deep Learning is a subset of Machine Learning (ML) that has revolutionized computer vision by using neural networks with multiple layers to automatically learn hierarchical features from raw data. This technology has been pivotal in object detection, facial recognition, and image classification. Based on SkyQuest's in-depth study, DL has become a cornerstone in AI-driven computer vision.

Deep Learning models have proven to be highly accurate in complex visual tasks, enabling precise object recognition, segmentation, and classification.

However, the challenges include the need for massive amounts of labeled data and high computational power. Additionally, DL models often lack interpretability, which can complicate deployment in critical applications.

The DL technology is growing at a rapid pace, with increasing investments in deep neural network architectures. Future outlook suggests a shift toward more efficient models that reduce training time and energy consumption. Based on our comprehensive study, the demand for DL in autonomous vehicles, medical imaging, and security surveillance is expected to soar.

Convolutional Neural Networks (CNN)

CNNs are designed to process and classify visual data through a grid-like structure of neurons. These networks excel in tasks such as facial recognition, object detection, and autonomous driving. CNNs have been instrumental in achieving breakthrough accuracy in image classification, making them one of the most widely used AI technologies. Based on our analysis, CNNs dominate the computer vision space.

CNNs are exceptionally efficient in recognizing visual patterns and structures, making them the goto solution for real-time applications. The key challenge, however, is their computational cost, especially for large datasets, and the dependency on high-quality labeled data to achieve optimal results.

Our analysis reveals that CNN adoption is expanding across industries like healthcare, retail, and automotive. As businesses seek real-time processing with minimal latency, CNN advancements are expected to focus on improving performance and reducing resource consumption, ensuring CNN remains dominant in future AI-driven computer vision systems.

Generative Adversarial Networks (GANs)

GANs consist of two neural networks (a generator and a discriminator) that compete against each other, improving the model's ability to generate realistic images. GANs are employed in tasks like image synthesis, super-resolution, and data augmentation. GANs' ability to generate high-quality synthetic data is transforming sectors like gaming, fashion, and film.

The primary benefit of GANs is their ability to create synthetic, high-resolution images, which can help address the issue of insufficient training data.

However, GANs can be difficult to train and prone to instability, which affects the model's reliability and robustness in real-world applications.

The future outlook for GANs in computer vision looks promising, with advancements in stability and efficiency expected. Based on SkyQuest's analysis, GANs will continue to play a pivotal role in industries such as entertainment, e-commerce, and healthcare, particularly in image generation and enhancement tasks.

TECHNOLOGY

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Page No. 83

MACRO-ECONOMIC INDICATORS ARTIFICIAL INTELLIGENCE IN COMPUTER VISION (AI) MARKETHISTORIC YEAR 2019-2023 FORECAST TO 2032

Page No. 84

MACRO-ECONOMIC INDICATORS (1/3)

Economic Growth and Industrial Automation Trends o The global economic growth trajectory directly influences the adoption of AI in computer vision. Regions with robust GDP growth, such as parts of Asia-

1

Pacific, demonstrate higher investments in industrial automation, fueling demand for computer vision solutions in manufacturing, logistics, and quality control. o The increasing focus on productivity enhancements in developed economies is driving the integration of AI-driven computer vision in sectors like automotive, electronics, and healthcare. Thus, economic growth dynamics and the pace of industrial automation adoption are intrinsically linked to the market's expansion.

Global Trade Policies and Supply Chain Stability

2

o Trade policies and supply chain dynamics are pivotal for the AI in computer vision market, which heavily relies on semiconductor and advanced computing components. Tariffs, trade restrictions, and geopolitical tensions can disrupt supply chains, leading to increased costs for critical hardware like GPUs, sensors, and cameras. For example, the U.S.-China trade tensions have prompted companies to reconfigure supply chains, impacting the availability and pricing of essential components. o Conversely, regions promoting free trade and offering incentives for tech imports and exports, such as the European Union, foster a conducive environment for market growth.

Inflation and Technology Cost Trends o Inflation impacts both the cost structure of developing AI in computer vision technologies and the purchasing power of end-users. Rising component costs due to inflation can increase the prices of AI solutions, potentially delaying adoption, especially among price-sensitive SMEs. Additionally, inflationdriven wage increases for skilled AI professionals can escalate R&D expenses for technology providers. o However, counterbalancing these effects are technological advancements that reduce costs over time. For instance, economies of scale in the production of AI chips and cloud computing services are lowering the entry barriers for deploying computer vision solutions, helping offset inflationary pressures.

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3 Page No. 85

PESTLE ANALYSIS ARTIFICIAL INTELLIGENCE IN COMPUTER VISION (AI) MARKETHISTORIC YEAR 2019-2023 FORECAST TO 2032

Page No. 86

PESTEL ANALYSIS (1/2)

Political Factors o Based on SkyQuest analysis, the political climate significantly influences the development and adoption of AI in computer vision. Governments globally have prioritized AI as a strategic technology, which has led to increased funding and policy initiatives, such as the European Union’s AI Act and the U.S. National AI Initiative. These regulations aim to ensure responsible AI usage, emphasizing ethical concerns in sectors such as surveillance and autonomous weapons, which heavily utilize computer vision. o Our study reveals that geopolitical tensions, particularly between the U.S. and China, have catalyzed competitive advancements in AI technology. This rivalry has driven investments in AI infrastructure and R&D but has also introduced trade restrictions, such as the U.S. export controls on semiconductor

P

technologies, impacting the global supply chain for AI in computer vision solutions.

Economic Factors o The global economic outlook heavily influences the growth of the AI in computer vision market. Based on SkyQuest analysis, declining costs of hardware such as GPUs and the availability of cloud computing have democratized access to AI capabilities, enabling broader adoption in industries like retail, healthcare, and automotive. Conversely, inflationary pressures and economic uncertainties in key markets may hinder investment in AI technologies in price-sensitive sectors. o Our study reveals that the economic benefits derived from implementing AI in computer vision, such as operational efficiencies and enhanced decisionmaking capabilities, are driving adoption even in cost-conscious industries. For instance, industries like manufacturing have realized substantial ROI

E

through AI-driven quality control systems, prompting sustained investment despite economic challenges.

Social Factors o Our study reveals that societal acceptance of AI, particularly in sensitive applications like facial recognition, varies across regions and significantly influences market dynamics. In regions such as Europe, stringent privacy norms under GDPR create barriers to adoption, while in countries like China, societal and governmental acceptance has spurred widespread implementation. o Based on SkyQuest analysis, there is a growing demand for AI in healthcare-related computer vision applications, such as diagnostic imaging and patient monitoring. This trend reflects an aging global population and a heightened focus on healthcare infrastructure improvements, making healthcare a pivotal sector for the market’s expansion.

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S Page No. 87

MARKET ATTRACTIVE INDEX HISTORIC YEAR 2019-2023 GLOBAL FORECAST TO 2032

Page No.88

MARKET ATTRACTIVENESS INDEX FIGURE 8 . GLOBAL ARTIFICIAL INTELLIGENCE IN COMPUTER VISION MARKET ATTRACTIVENESS INDEX 12%

CAGR 2025-2032 (%)

10%

8%

6%

4%

2%

0% 0%

5%

10%

15%

20%

25%

30%

35%

40%

Market Share, 2024 North America

Europe

Asia Pacific

Latin America

Middle East & Africa

Note: The market attractiveness index represents the revenue opportunity offered by the segment while the ability to capture denotes new entrants' potential to capture market share, taking into consideration the intensity of the competition. Bubble Size represents the present revenue size.

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Page No.89

ECOSYSTEM MAPPING HISTORIC YEAR 2019-2023 GLOBAL FORECAST TO 2032

Page No.90

ECOSYSTEM MAPPING

KEY PLAYERS

STARTUPS

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REGULATORY BODIES

RESEARCH INSTITUES

VERTICAL

Page No.91

06

GLOBAL MARKET SIZE

BY COMPONENT Hardware Software ARTIFICIAL INTELLIGENCE IN COMPUTER VISION (AI) MARKETHISTORIC YEAR 2019-2024 GLOBAL FORECAST TO 2032

Back to Page No.92 TOC

GLOBAL MARKET SIZE BY COMPONENT

FIG NO 10. GLOBAL AI IN COMPUTER VISION MARKET BY COMPONENT, 2019-2032 (USD MILLION) USD 52,636.52 Mn

USD 98,478.02 Mn

Key Takeaways o Based on our in-depth study, the Hardware segment dominates the global AI in Computer Vision market and is expected to maintain its leadership over the forecast period. In 2024, this segment accounted for USD 14,064.2 million and is projected to nearly double, reaching USD 29,689.0 million by 2032, at an impressive CAGR of 9.3%. Hardware plays a critical role in providing the computational power required for processing large datasets and performing complex tasks such as image recognition, object detection, and real-time inference. Various components like GPUs, TPUs, and AI-specific chips are essential for these applications, enabling efficient training and deployment of deep learning models. o The rise of edge computing, where AI-powered devices like surveillance cameras and IoT sensors process data locally, has also been fueling the demand for high-performance hardware to ensure low latency and real-time decision-making. Innovations in semiconductor technology and AI accelerators have also driven the hardware segment’s growth. Furthermore, the growing investment in AI infrastructure, including data centers, servers, and edge devices, underscores the reliance on hardware in this market. o The software segment has emerged as the fastest growing segment having a market value of USD 7,736.6 million in 2024, that is projected to increase to USD 16,815.1 million in 2032 with a CAGR of 9.7%. This can be credited to its ability to streamline complex workflows and democratize AI model development. Solutions like Intel® Geti™ exemplify this growth. By simplifying traditionally labor-

2024

2032

intensive processes, enabling collaboration across teams, and providing production-ready models optimized for diverse hardware, these software tools reduce the barriers to entry for organizations and

Hardware

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Software

enhance the scalability of AI-driven solutions. This efficiency and versatility drive significant adoption, fueling the segment's rapid growth.

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07

GLOBAL MARKET SIZE

BY TECHNOLOGY Facial Recognition Image Recognition Speech Recognition

ARTIFICIAL INTELLIGENCE IN COMPUTER VISION (AI) MARKETHISTORIC YEAR 2019-2022 GLOBAL FORECAST TO 2031

Back to Page No.94 TOC

GLOBAL MARKET SIZE BY TECHNOLOGY

FIG NO 11. GLOBAL AI IN COMPUTER VISION MARKET BY TECHNOLOGY, 2019-2032 (USD MILLION) USD 21,800.7 Mn

USD 46,511.1 Mn

Key Takeaways o Based on SkyQuest’s in-depth study, we found that the Image Recognition segment in the Global AI in Computer Vision Market is currently dominating. The segment recorded a significant market value of USD 11,588.3 million in 2024 and is expected to nearly double, reaching USD 23,734.6 million by 2032, at a robust CAGR of 9.0%. The dominance of image recognition can be attributed to its widespread application in industries like retail, healthcare, and autonomous vehicles, where demand for advanced visual data processing and analytics is rapidly increasing. o The growth trajectory of image recognition is also supported by regional market dynamics. For instance, in 2024, the United States has the largest share, valued at USD 4110.3 million,

53.2%

51.0%

highlighting a strong adoption rate in technologically advanced economies. Factors such as the rising deployment of AI in security systems, product identification, and customer behavior analysis are driving the growth of this segment. Furthermore, advancements in neural network architectures and the increasing integration of image recognition in smartphones and consumer devices are propelling market expansion. o Meanwhile, Speech Recognition, the fastest-growing segment, is projected to expand from USD 6,035.5 million in 2024 to USD 14,836.1 million by 2032, registering an impressive CAGR of 11.1%. This growth is driven by the increasing adoption of voice-activated assistants,

2024

2032

healthcare applications, and customer service automation. As of 2023, the worldwide market size for speech recognition was valued at USD 6.80 billion, with the United States leading at USD 2,512 million. Technological advancements in natural language processing (NLP) and the

Facial Recognition

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Image Recognition

Speech Recognition

rise of multilingual speech interfaces have bolstered its adoption.

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08

GLOBAL MARKET SIZE

BY BUSINESS FUNCTION Training Inference

ARTIFICIAL INTELLIGENCE IN COMPUTER VISION (AI) MARKETHISTORIC YEAR 2019-2022 GLOBAL FORECAST TO 2031

Back to Page No.96 TOC

GLOBAL MARKET SIZE BY BUSINESS FUNCTION

FIG NO 12. GLOBAL AI IN COMPUTER VISION MARKET BY BUSINESS FUNCTION, 2019-2032 (USD MILLION) USD 21,800.7 Mn

USD 46,511.1 Mn

Key Takeaways o Our analysis shows that the Global AI in Computer Vision Market is segmented by business function into Training and Inference, with the latter currently dominating the market. As of 2024, the Inference segment accounts for a significant USD 11,471.2 million, expected to reach to USD 24,140.0 million by 2032, driven by a projected CAGR of 9.3%. This dominance can be attributed to its critical role in real-world AI applications such as driverless cars, predictive analytics, and email security, where continuous, actionable outputs are essential.

Our study reveals that the ongoing demand for these live, inference-based systems underscores their pivotal importance in sectors like finance, research, and autonomous systems, further bolstering market growth. o Meanwhile, the Training segment, though the second-largest in 2024 with USD 10,329.5 million, is projected to reach USD 22,371.0 million by 2032, growing at a slightly faster CAGR of 9.6%. This rapid growth reflects advancements in data availability and model refinement techniques. Training remains the foundational phase in machine learning life cycles, enabling the creation of highly accurate models through iterative processes of error correction and optimization. Based on our study, the demand for training stems from the necessity to adapt AI models for emerging applications like large language models (LLMs) and domain-specific tools in scientific research and healthcare, which require robust datasets and fine-tuned models.

2024

2032

o Thus, the dominance of the Inference segment is driven by its ongoing compute power usage, critical for real-time decision-making and user interactions. Whereas, the Training segment,

Training

Inference

while requiring a significant upfront computational cost, benefits from the one-time nature of training expenses and subsequent adaptations using low-intensity techniques like LoRA.

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09

GLOBAL MARKET SIZE

BY MODEL Supervised Learning Unsupervised Learning Reinforcement Learning

ARTIFICIAL INTELLIGENCE IN COMPUTER VISION (AI) MARKETHISTORIC YEAR 2019-2022 GLOBAL FORECAST TO 2031

Back to Page No.98 TOC

GLOBAL MARKET SIZE BY MODEL

FIG NO 13. GLOBAL AI IN COMPUTER VISION MARKET BY MODEL, 2019-2032 (USD MILLION)

USD 21,800.7 Mn

USD 46,511.1 Mn

Key Takeaways o According to our research, the Global AI in Computer Vision Market, segmented by model type, is dominated by Supervised Learning, which recorded a market size of USD 14,641.9 million in 2024. This dominance is projected to grow significantly, reaching USD 31,617.4 million by 2032, with a robust CAGR of 9.6%, making it not only the largest but also the fastest-growing segment. The supremacy of supervised learning stems from its extensive application across industries that demand precise, labeled datasets for training models, such as email spam detection, predictive analytics, and computer vision tasks like object recognition and facial detection. The algorithm's reliance on structured data enables high accuracy in results, which is critical for industries such as healthcare,

67.2%

68.0%

finance, and autonomous vehicles, driving its adoption and growth. o Unsupervised Learning, the second-largest segment, accounted for USD 5,177.3 million in 2024, with an expected rise to USD 10,796.6 million by 2032, growing at a CAGR of 9.1%. This growth reflects its increasing use in applications that involve clustering, anomaly detection, and market segmentation. Based on our study, the growing complexity and volume of unlabeled data in fields like social media analytics, network

2024

2032

security, and customer behavior modeling are driving the adoption of unsupervised learning. Its ability to uncover hidden patterns in data makes it an essential tool in

Supervised Learning

Unsupervised Learning

scenarios where labeled data is either unavailable or expensive to obtain.

Reinforcement Learning

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Page No.99

10

GLOBAL MARKET SIZE

BY VERTICAL Industrial Non-Industrial

ARTIFICIAL INTELLIGENCE IN COMPUTER VISION (AI) MARKETHISTORIC YEAR 2019-2022 GLOBAL FORECAST TO 2031

Back to Page No.100 TOC

GLOBAL MARKET SIZE BY VERTICAL

FIG NO 14. GLOBAL AI IN COMPUTER VISION MARKET BY VERTICAL, 2019-2032 (USD MILLION) USD 21,800.7 Mn

USD 46,511.1 Mn

Key Takeaways o Based on SkyQuest’s in-depth study, the Industrial segment is currently dominating the Global AI in Computer Vision market, recording a substantial market size of USD 18,556.7 million in 2024.

This segment is projected to expand further, reaching an impressive USD 40,147.6 million by 2032, with a CAGR of 9.6%, making it not only the largest but also the fastest-growing segment.

This dominance can be attributed to the rapid adoption of AI-driven solutions in industrial applications such as manufacturing, energy, oil and gas, and logistics. For instance, the manufacturing industry, a core driver of this growth, has undergone a significant transformation due to the Fourth Industrial Revolution (4IR), with the integration of computer vision technologies enhancing automation and operational efficiency. Key applications include defect detection, predictive maintenance, and advanced robotics, which help streamline production and reduce costs. Studies indicate that industrial automation driven by computer vision is predicted to contribute approximately $359 billion to the U.S. economy by 2029, highlighting its profound impact. o In comparison, the Non-Industrial segment, although the second-largest, accounted for USD 3,244.1 million in 2024 and is expected to grow to USD 6,363.5 million by 2032, reflecting a CAGR of 8.3%. Non-industrial applications, such as retail and surveillance, are gaining traction due to their ability to enhance customer experiences and ensure public safety. For instance, in retail, computer vision reduces checkout times by 33%, while enhancing product quality control with an

2024

2032

error rate of less than 1%. Surveillance applications, driven by smart cameras, are also experiencing steady growth. Despite this growth, the Industrial segment’s diverse applications

Industrial

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Non-Industrial

and robust technological advancements ensure its continued leadership in the market over the forecast period.

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11

GLOBAL MARKET SIZE

BY REGION North America Europe Asia-Pacific Latin America Middle East & Africa

ARTIFICIAL INTELLIGENCE IN COMPUTER VISION (AI) MARKETHISTORIC YEAR 2019-2022 GLOBAL FORECAST TO 2031

Back to Page No.102 TOC

GLOBAL MARKET SIZE BY REGION

FIG NO 15. GLOBAL AI IN COMPUTER VISION MARKET BY REGION, 2019-2032 (USD MILLION) USD 21,800.7 Mn

USD 46,511.1 Mn

Key Takeaways o North America dominating the landscape. This dominance can be attributed to several key factors, including a strong presence of major technology companies and research

28.4%

29.7%

institutions. These entities drive innovation and development in AI and machine learning, which are pivotal to computer vision applications. Furthermore, North America benefits from high adoption rates across various industries, such as automotive, healthcare, and retail, which leverage AI-driven computer vision for applications like autonomous vehicles, medical imaging, and customer analytics. Government initiatives and funding to support AI innovation further reinforce the region’s leadership in this market. o On the other hand, Latin America emerges as the fastest-growing segment within the AI

37.6%

36.4%

in Computer Vision market. The region’s growth is fueled by increasing digital transformation efforts and investments in AI technologies. Industries such as agriculture,

2024

security, and manufacturing are adopting computer vision solutions to enhance

2032

operational efficiency and productivity. Additionally, the growing demand for advanced surveillance and facial recognition systems, coupled with government efforts to

North America

Europe

Asia Pacific

LATAM

MEA

modernize infrastructure, contributes to the rapid market expansion. The availability of cost-effective solutions and increasing collaborations between local businesses and global AI providers further propel growth in Latin America.

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Page No.103

NORTH AMERICA MARKET SIZE BY US Canada ARTIFICIAL INTELLIGENCE IN COMPUTER VISION (AI) MARKETHISTORIC YEAR 2019-2022 GLOBAL FORECAST TO 2031

Page No.104

NORTH AMERICA MARKET SIZE FIGURE NO. 16. NORTH AMERICA AI IN COMPUTER VISION MARKET SIZE BY COMPONENT, 2024 (USD MILLION)

FIGURE NO. 17. NORTH AMERICA AI IN COMPUTER VISION MARKET SIZE

BY TECHNOLOGY, 2024 (USD MILLION)

Facial Recognition

USD 8391.0 Mn

Hardware

Software

USD 8391.0 Mn

Image Recognition

Speech Recognition

53.1%

FIGURE NO. 18. NORTH AMERICA AI IN COMPUTER VISION MARKET SIZE

BY FUNCTION, 2024 (USD MILLION)

FIGURE NO. 19. NORTH AMERICA AI IN COMPUTER VISION MARKET SIZE

BY MODEL, 2024 (USD MILLION)

Supervised Learning

USD 8391.0 Mn

Training

Inference

USD 8391.0 Mn

67.94%

www.skyquestt.com

Unsupervised Learning Reinforcement Learning

Page No.105

NORTH AMERICA MARKET SIZE FIGURE NO. 20. NORTH AMERICA AI IN COMPUTER VISION MARKET SIZE BY VERTICAL, 2024 (USD MILLION)

Industrial

USD 8391.0 Mn

FIGURE NO. 21. NORTH AMERICA AI IN COMPUTER VISION MARKET SIZE

BY COUNTRY, 2023 (USD MILLION)

Non-Industrial

U.S

USD 8391.0 Mn

Canada

TABLE NO. 1 NORTH AMERICA AI IN COMPUTER VISION MARKET SIZE BY COUNTRY, 2019-2034 (USD MILLION) 2019

2020

2021

2022

2023

U.S

3,131.1

XX

XX

XX

XX

Canada

262.6

XX

XX

XX

XX

Total

3,393.6

XX

XX

XX

XX

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2024

7,741.2 649.8 8,391.0

2025

2026

2027

2028

2029

2030

2031

2032

CAGR (2025-2032)

XX

XX

XX

XX

XX

XX

XX

15,670.

0

9.0%

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

1,268.7 16,938.

7

XX% XX%

Page No.106

NORTH AMERICA MARKET SIZE BY SEGMENT

TABLE NO. 2 NORTH AMERICA AI IN COMPUTER VISION MARKET SIZE BY COMPONENT, 2019-2034 (USD MILLION) 2019

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

2030

2031

2032

CAGR (2025-2032)

Hardware

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX%

Software

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

9.2%

Total

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX%

TABLE NO. 3 NORTH AMERICA AI IN COMPUTER VISION MARKET SIZE BY TECHNOLOGY, 2019-2034 (USD MILLION) 2019

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

2030

2031

2032

CAGR (2025-2032)

Facial Recognition

659.1

XX

XX

XX

1,429.7

XX

XX

XX

XX

XX

XX

XX

XX

3,229.5

8.8%

Image Recognition

1,767.4

XX

XX

XX

3,950.3

XX

XX

XX

XX

XX

XX

XX

XX

9,190.6

9.2%

Speech Recognition

967.1

XX

XX

XX

2,062.9

XX

XX

XX

XX

XX

XX

XX

XX

4,518.5

8.4%

3,393.6

XX

XX

XX

7,442.9

XX

XX

XX

XX

XX

XX

XX

XX

16,938.

7

8.9%

Total

TABLE NO. 4 NORTH AMERICA AI IN COMPUTER VISION MARKET SIZE BY FUNCTION, 2019-2034 (USD MILLION) 2019

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

2030

2031

2032

CAGR (20252032)

Training

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

9.1%

Inference

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX%

Total

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX%

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Page No.107

NORTH AMERICA MARKET SIZE BY SEGMENT

TABLE NO. 5 NORTH AMERICA AI IN COMPUTER VISION MARKET SIZE BY MODEL, 2019-2034 (USD MILLION) 2019

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

2030

2031

2032

CAGR (20252032)

Supervised Learning

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

9.1%

Unsupervised Learning

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

8.6%

Reinforcement Learning

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

8.3%

Total

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

8.9%

TABLE NO. 6 NORTH AMERICA AI IN COMPUTER VISION MARKET SIZE BY VERTICAL, 2019-2034 (USD MILLION) 2019

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

2030

2031

2032

CAGR (2025-2032)

Industrial

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX%

Non-Industrial

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX%

Total

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX%

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Page No.108

U.S MARKET SIZE FIGURE NO. 22. U.S AI IN COMPUTER VISION MARKET SIZE BY COMPONENT, 2024 (USD MILLION)

FIGURE NO. 23. U.S AI IN COMPUTER VISION MARKET SIZE BY TECHNOLOGY, 2024 (USD MILLION)

Facial Recognition

USD 7,741.2 Mn

Hardware

Software

USD 7,741.2 Mn

Image Recognition

Speech Recognition

FIGURE NO. 24. U.S AI IN COMPUTER VISION MARKET SIZE BY FUNCTION, FIGURE NO. 25. U.S AI IN COMPUTER VISION MARKET SIZE BY MODEL, 2024 (USD MILLION) 2024 (USD MILLION)

Supervised Learning

USD 7,741.2 Mn

Training

Inference

USD 7,741.2 Mn

Unsupervised Learning Reinforcement Learning

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Page No.109

U.S MARKET SIZE FIGURE NO. 26. U.S AI IN COMPUTER VISION MARKET SIZE BY VERTICAL, 2024 (USD MILLION)

USD 7,741.2 Mn

Industrial

Non-Industrial

Key Takeaways The U.S Artificial Intelligence In Computer Vision (AI) Market is valued at USD 7,741.2 Million in 2024, and is expected to reach USD 15,670.0 Million by 2032 the market shows a steady CAGR of 9.0 % from 2025 to 2032. The United States is a global leader in AI-driven computer vision technologies, thanks to robust government support, significant investments in R&D, and a thriving startup ecosystem. Programs like the National AI Initiative Act have established frameworks for advancing AI research, with a focus on areas like healthcare imaging, autonomous vehicles, and defense applications. Furthermore, agencies like DARPA have invested heavily in AI for military and surveillance applications, while the National Institute of Standards and Technology (NIST) actively works on developing standards and guidelines for AI in computer vision. Tech giants such as Google, Microsoft, and NVIDIA are continually pushing the envelope with advanced computer vision solutions for industries ranging from retail to robotics. The proliferation of AI applications in healthcare diagnostics, retail automation, and autonomous transportation is also fueled by collaboration between academia and industry.

These dynamics ensure the U.S. remains at the forefront of innovation, with a focus on scalability and real-world deployment.

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Page No.110

U.S MARKET SIZE BY SEGMENT

TABLE NO. 7 U.S AI IN COMPUTER VISION MARKET SIZE BY COMPONENT, 2019-2034 (USD MILLION) 2019

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

2030

2031

2032

CAGR (20252032)

Hardware

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX%

Software

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX%

Total

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

xx%

TABLE NO. 8 U.S AI IN COMPUTER VISION MARKET SIZE BY TECHNOLOGY, 2019-2034 (USD MILLION) 2019

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

2030

2031

2032

CAGR (2025-2032)

Facial Recognition

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

9.1%

Image Recognition

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

9.4%

Speech Recognition

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

8.1%

Total

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

9.0%

TABLE NO. 9 U.S AI IN COMPUTER VISION MARKET SIZE BY FUNCTION, 2019-2034 (USD MILLION) 2019

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

2030

2031

2032

CAGR (20252032)

Training

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX%

Inference

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX%

Total

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

xx%

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Page No.111

U.S MARKET SIZE BY SEGMENT

TABLE NO. 10 U.S AI IN COMPUTER VISION MARKET SIZE BY MODEL, 2019-2034 (USD MILLION) 2019

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

2030

2031

2032

CAGR (20252032)

Supervised Learning

XX

XX

XX

XX

XX

5,267.8

XX

XX

XX

XX

XX

XX

XX

XX

9.1%

Unsupervised Learning

XX

XX

XX

XX

XX

1,905.3

XX

XX

XX

XX

XX

XX

XX

XX

8.7%

Reinforcement Learning

XX

XX

XX

XX

XX

568.2

XX

XX

XX

XX

XX

XX

XX

XX

8.3%

Total

XX

XX

XX

XX

XX

7,741.2

XX

XX

XX

XX

XX

XX

XX

XX

9.0%

TABLE NO. 11 U.S AI IN COMPUTER VISION MARKET SIZE BY VERTICAL, 2019-2034 (USD MILLION) 2019

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

2030

2031

2032

CAGR (2025-2032)

Industrial

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX%

Non-Industrial

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX%

Total

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

xx%

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Page No.112

CANADA MARKET SIZE FIGURE NO. 27. CANADA AI IN COMPUTER VISION MARKET SIZE BY COMPONENT, 2024 (USD MILLION)

FIGURE NO. 28. CANADA AI IN COMPUTER VISION MARKET SIZE BY TECHNOLOGY, 2024 (USD MILLION)

Facial Recognition

USD 649.8 Mn

Hardware

Software

FIGURE NO. 29. CANADA AI IN COMPUTER VISION MARKET SIZE BY FUNCTION, 2024 (USD MILLION)

USD 649.8 Mn

Image Recognition

Speech Recognition

FIGURE NO.30. CANADA AI IN COMPUTER VISION MARKET SIZE BY MODEL, 2024 (USD MILLION)

Supervised Learning

USD 649.8 Mn

Training

Inference

USD 649.8 Mn

Unsupervised Learning Reinforcement Learning

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CANADA MARKET SIZE FIGURE NO. 31. CANADA AI IN COMPUTER VISION MARKET SIZE BY VERTICAL, 2024 (USD MILLION)

USD 649.8 Mn

Industrial

Non-Industrial

Key Takeaways The Canada Artificial Intelligence In Computer Vision (AI) Market is valued at USD 649.8 Million in 2024, and is expected to reach USD 1,268.7 Million by 2032 the market shows a steady CAGR of 8.4% from 2025 to 2032. Canada has emerged as a significant player in the AI in computer vision market, supported by a favorable ecosystem of government initiatives, research hubs, and collaboration between academia and industry. The Pan-Canadian Artificial Intelligence Strategy, spearheaded by the Canadian Institute for Advanced Research (CIFAR), has fostered advancements in AI technologies, including computer vision. Prominent AI research labs, such as MILA in Montreal and the Vector Institute in Toronto, are instrumental in developing cutting-edge computer vision applications for healthcare, agriculture, and smart cities. Canadian startups and tech companies benefit from substantial government grants and venture capital, enabling them to develop innovative AI solutions. Additionally, the growing adoption of AI-powered video analytics in industries like retail and security further accelerates market growth in the country.

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Page No.114

CANADA MARKET SIZE BY SEGMENT

TABLE NO. 12 CANADA AI IN COMPUTER VISION MARKET SIZE BY COMPONENT, 2019-2034 (USD MILLION) 2019

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

2030

2031

2032

CAGR (20252032)

Hardware

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX%

Software

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX%

Total

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

xx%

TABLE NO. 13 CANADA AI IN COMPUTER VISION MARKET SIZE BY TECHNOLOGY, 2019-2034 (USD MILLION) 2019

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

2030

2031

2032

CAGR (2025-2032)

Facial Recognition

XX

XX

XX

XX

XX

124.3

XX

XX

XX

XX

XX

XX

XX

XX

5.8%

Image Recognition

XX

XX

XX

XX

XX

345.7

XX

XX

XX

XX

XX

XX

XX

XX

7.6%

Speech Recognition

XX

XX

XX

XX

XX

179.8

XX

XX

XX

XX

XX

XX

XX

XX

11.1%

Total

XX

XX

XX

XX

XX

649.8

XX

XX

XX

XX

XX

XX

XX

XX

8.4%

TABLE NO. 14 CANADA AI IN COMPUTER VISION MARKET SIZE BY FUNCTION, 2019-2034 (USD MILLION) 2019

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

2030

2031

2032

CAGR (20252032)

Training

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX%

Inference

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX%

Total

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

xx%

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Page No.115

CANADA MARKET SIZE BY SEGMENT

TABLE NO. 15 CANADA AI IN COMPUTER VISION MARKET SIZE BY MODEL, 2019-2034 (USD MILLION) 2019

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

2030

2031

2032

CAGR (2025-2032)

Supervised Learning

XX

XX

XX

XX

XX

433.0

XX

XX

XX

XX

XX

XX

XX

XX

8.6%

Unsupervised Learning

XX

XX

XX

XX

XX

150.8

XX

XX

XX

XX

XX

XX

XX

XX

8.1%

Reinforcement Learning

XX

XX

XX

XX

XX

66.0

XX

XX

XX

XX

XX

XX

XX

XX

8.0%

Total

XX

XX

XX

XX

XX

649.8

XX

XX

XX

XX

XX

XX

XX

XX

8.4%

TABLE NO. 16 CANADA AI IN COMPUTER VISION MARKET SIZE BY VERTICAL, 2019-2034 (USD MILLION) 2019

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

2030

2031

2032

CAGR (2025-2032)

Industrial

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX%

Non-Industrial

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX%

Total

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

xx%

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Page No.116

12

COMPETITIVE INTELLIGENCE Top 5 Players

Market Positioning of Key Players, 2024 Market Share Analysis Strategies Adopted By Key Market Players

HISTORIC YEAR 2019-2023 GLOBAL FORECAST TO 2032

Back to Page No.117 TOC

TOP 5 PLAYERS COMPARISON

INTEL CORPORATION

MICROSOFT CORP.

INTERNATIONAL BUSINESS MACHINES CORP. (IBM)

COMPANY 4

COMPANY 5

United States

United States

United States

-

-

No of Employees

~ 124,800​

~220,000​

~305,300​

-

-

Revenue (US$)

54.2 Billion​

211.92 Billion​

61.86 Billion​

-

-

Computer Hardware Manufacturing

Computers and Electronics Manufacturing

IT Services and IT Consulting

-

-

Geographic Presence

Global

Global

Global

-

-

Year of Establishment

2015

1976

1911

-

-

Market Leader

Challenger/Contender

Challenger/Contender

-

-

COMPETITORS

Headquarters

Segments Catered

Market Position

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Page No.118

MARKET POSITIONING OF KEY PLAYERS

High

Prominent players in the market

The following figure represents the market positioning of Global AI in Computer Vision Market players for the year 2024. The market positioning of the leading player is done considering the following points:

o Different features of the products o Product innovation

Business Strength

o Breadth and Depth of product offering

Moderate

Product offering strength

Business Strength o Breadth of market segment served o Geographic footprint o Effectiveness of growth strategy o Existence in the industry Based on our analysis we found that the top 3 companies having high

Low

o Revenue, Number of Employees,

innovation and leading market share are Huawei Technologies Co Ltd, Intel Corp , and Microsoft Corp.

Low

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Product Offering Strength Moderate

High

Page No.119

STRATEGIES ADOPTED BY KEY MARKET PLAYERS (1/3) NEW PRODUCT LAUNCH: o According to SkyQuest's detailed analysis, the global AI in Computer Vision market is marked by a rapidly evolving landscape, where key players are leveraging new product launches as a crucial strategy to maintain their competitive advantage. Regular product launches have become an essential approach for companies to assert their position, foster growth, and address shifting consumer demands. These introductions are pivotal moments where companies reveal groundbreaking computer vision solutions, enhanced with advanced AI capabilities. By continuously launching new products, businesses show their dedication to leading technological innovation while tackling emerging challenges across various sectors such as healthcare, automotive, retail, and security. Companies dedicate significant resources to understanding market trends, customer expectations, and competitive dynamics, ensuring their products effectively meet the needs of their target audience. Whether enhancing image recognition, enabling real-time object detection, or optimizing visual data processing, these new launches drive progress and open up new possibilities. Through continuous innovation, companies in the AI in computer vision market are shaping the future of industries worldwide, unlocking fresh opportunities and advancing the adoption of AI technologies across multiple fields. o For instance, In January 2024, Apple launched Vision Pro, which is a revolutionary mixed-reality headset that blends augmented and virtual reality with advanced computer vision technologies. It features eye and hand tracking, powered by sophisticated computer vision algorithms, enabling intuitive interactions like selecting objects with eye movement or controlling interfaces with hand gestures. The device uses real-time spatial mapping and object recognition to seamlessly integrate digital content with the real world, enhancing user immersion. Vision Pro's high-definition displays adjust dynamically to environmental lighting, creating a cinematic experience. Its impact on the computer vision sector is profound, driving advancements in real-time image processing, AI-powered object recognition, and spatial computing. The headset’s use of deep learning and advanced image recognition pushes the boundaries of what’s possible in augmented reality. By setting new interaction models and standards, Apple Vision Pro significantly accelerates the adoption and innovation of computer vision in consumer technology and various industries. o Moreover, In October 2023, Google launched the Tensor G3 Chip as part of its Pixel 8 series. The chip is designed to enhance AI and machine learning performance, with a strong focus on computer vision capabilities. Key features include advanced image processing for real-time object recognition, improved computational photography, and AI-driven enhancements like Super Res Zoom and Night Sight for clearer, more detailed photos. The Tensor G3 utilizes dedicated AI cores to accelerate machine learning tasks, enhancing the chip's ability to process visual data efficiently. By improving image quality and enabling more advanced camera features, Tensor G3 advances real-time computer vision applications in smartphones. It enhances the user experience with smarter, more accurate visual recognition, pushing the boundaries of mobile AI and transforming how computer vision is applied in consumer devices.. o In conclusion, the strategy of new product launches serves as a cornerstone for key market players in the Global AI market, enabling them to drive innovation, capture market share, and maintain a competitive edge. The continuous innovation seen in the AI and computer vision sectors, driven by groundbreaking product launches like Apple Vision Pro and NVIDIA Isaac Sim 4.2.0, is shaping the future of industries worldwide. These advancements in real-time image processing, object recognition, and spatial computing are accelerating the adoption of AI technologies across sectors like healthcare, automotive, and robotics. By pushing the limits of computer vision, these products are opening up new opportunities, setting new standards, and driving transformative change.

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Page No.120

STRATEGIES ADOPTED BY KEY MARKET PLAYERS (2/3) STRATEGIC PARTNERSHIPS AND COLLABORATIONS: o In the competitive landscape of the Global AI in Computer Vision Market, key players are increasingly adopting Strategic partnerships and collaborations serve as pivotal strategies employed by key market players in the AI-driven computer vision industry, allowing companies to leverage complementary expertise and technologies. By teaming up with academic institutions, tech giants, and specialized firms, organizations can accelerate innovation, improve product capabilities, and bring cutting-edge AI solutions to market faster. These alliances enable better integration of AI models, data resources, and computational power, driving advancements in areas like autonomous systems, healthcare, and smart devices, while maintaining a competitive edge in a rapidly evolving landscape.. o For instance, In March 2024, Microsoft's announced new collaborations with healthcare organizations and partners, enhancing the use of computer vision by leveraging Microsoft’s LongNet model to analyze large-scale whole-slide pathology images. The partnership aimed to overcome key challenges in cancer diagnostics, such as the shortage of real-world data, difficulty in processing entire slides, and accessibility issues. By training the team developed Prov-GigaPath, an AI model capable of handling the immense data of high-resolution pathology slides. This innovation enabled the AI to identify patterns across entire slides, rather than segmented tiles, improving accuracy in predicting cancer subtypes, mutations, and tumor microenvironments.

The outcome was a breakthrough in computational pathology, offering precise diagnostics and insights beyond human capabilities. This collaboration benefitted all parties—Microsoft contributed AI expertise, Providence provided valuable data, and the University of Washington advanced the application of computer vision, collectively enhancing the diagnostic landscape for cancer treatment. o Furthermore, In October 2023, the strategic partnership between Qualcomm and Meta has significantly advanced the use of computer vision in extended reality (XR) devices. Qualcomm's Snapdragon XR2 Gen 2 and AR1 platforms power the Meta Quest 3 and Ray-Ban Meta smart glasses, respectively, driving breakthrough performance in both mixed reality (MR) and augmented reality (AR). The collaboration resulted in improved computer vision capabilities, such as enhanced GPU performance for complex MR experiences and the integration of AI-driven features like dynamic foveated rendering and ultra-low latency passthrough. These advancements allow the devices to seamlessly blend virtual and physical environments. The Ray-Ban Meta glasses also benefit from Snapdragon AR1’s powerful camera and on-device AI, enabling high-quality image capture and real-time processing. This partnership has pushed the limits of spatial computing, enabling smarter, more immersive XR experiences, and fostering new use cases for computer vision in mainstream consumer technology. o In conclusion, strategic partnerships and collaborations are driving significant advancements in AI-powered computer vision, enabling companies to enhance product offerings and accelerate innovation across various industries. By combining expertise in AI, data, and computational power, these alliances are pushing the boundaries of technologies like healthcare diagnostics, extended reality, and smart devices. As these partnerships continue to evolve, they are poised to unlock new possibilities for AI in computer vision, delivering transformative solutions that shape the future of technology and improve user experiences.

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Page No.121

STRATEGIES ADOPTED BY KEY MARKET PLAYERS (3/3) INNOVATIONS: o According to SkyQuest Analysis, innovation is a crucial strategy for companies in the AI market, particularly in computer vision, to maintain a competitive advantage. As AI technologies evolve rapidly, businesses are investing in breakthroughs to meet the rising demand for advanced visual recognition solutions. The goal of innovation in computer vision is to improve accuracy, efficiency, and scalability, enabling applications like real-time image and video analysis, object detection, and multimodal integrations. By continuously advancing these technologies, companies can address the unique needs of various industries, including healthcare, automotive, retail, and security. This focus on innovation allows businesses to enhance their offerings, stay ahead of market trends, and strengthen their presence, ultimately boosting competitiveness and expanding their market share in the growing AI sector. o For Example, In September 2024, NVIDIA enhanced Isaac Sim 4.2.0 as part of its Isaac platform for robotics development. This version enhances simulation capabilities, particularly for computer vision-driven robotic systems. Key features include advanced sensor simulation (cameras, LiDAR), improved object detection and segmentation algorithms, and enhanced scene understanding for better dynamic object tracking. The platform offers photorealistic rendering and realistic physics simulation, providing high-quality data for training computer vision models. Isaac Sim 4.2.0 boosts the development of autonomous robots by enabling faster, more efficient training in virtual environments. It enhances object recognition, navigation, and multi-robot coordination, accelerating real-world deployments in sectors like logistics, manufacturing, and healthcare. By offering realistic, scalable simulations, Isaac Sim 4.2.0 pushes the boundaries of computer vision in robotics, fostering innovation in AI-driven automation o Moreover, In May 2024 OpenAI enhanced GPT-4o as a significant innovation in computer vision by seamlessly integrating multimodal capabilities—combining text, image, and audio processing into a single, high-performing model. This innovation allows GPT-4o to not only understand visual content, such as images and videos, but also to generate relevant responses in text, speech, or images, all with minimal delay. The model's ability to analyze visual data and provide real-time contextual understanding enhances its utility in applications ranging from interactive storytelling to data analysis. Improvements over previous models, like GPT-4 and GPT-4 Turbo, include a more extensive vision model capable of processing larger datasets and maintaining context over longer interactions. This integration of vision with language and audio processing expands the scope of computer vision tasks, allowing more intuitive and dynamic user interactions. GPT-4o’s capabilities, such as image understanding and real-time visual content analysis, effectively upgrade the potential of computer vision by enabling more complex, real-time analyses and interactions. o In conclusion, innovation in computer vision is a driving force behind the rapid advancements in AI technologies, enabling businesses to stay competitive and address evolving industry needs. By investing in breakthroughs like NVIDIA’s Isaac Sim 4.2.0 and OpenAI’s GPT-4o, companies are pushing the boundaries of visual recognition, real-time analysis, and multimodal integration. These innovations are not only enhancing operational efficiency but also fostering the development of smarter, more capable AI systems, paving the way for transformative applications across diverse sectors.

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Page No.122

ARTIFICIAL INTELLIGENCE- KEY DEVELOPMENTS

DATE

December 2024

TYPE OF DEVELOPMENT

Partnership

DESCRIPTION

Clarifai announced a partnership with Getty Images, integrating Getty's generative AI capabilities into Clarifai's computer vision platform, enabling enterprise customers to generate customized, legally-protected visual content within AI-powered workflows.

Ximilar announced the launch of an AI-powered price guide for trading cards, comic books, and other collectibles. By using December 2024

Launch

computer vision, their system identifies items from images and provides pricing insights based on marketplace data. This tool helps collectors track value trends and make informed buying or selling decisions with real-time pricing and market analysis.

Clarifai announced its membership in the BAIR Open Research Commons, collaborating with top AI researchers to advance November 2024

Membership

computer vision, multimodal learning, and generative AI, contributing to the development of scalable, ethical, and impactful AI solutions.

Kirmac Collision & Autoglass announced the use of Tractable's AI solution to streamline the vehicle repair process by providing November 2024

Announcement

self-service visual damage quotes. This solution uses computer vision to analyze vehicle damage and deliver instant repair quotes, improving efficiency and customer engagement across all locations.

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Page No.123

ARTIFICIAL INTELLIGENCE- KEY DEVELOPMENTS

DATE

TYPE OF DEVELOPMENT

DESCRIPTION Scandit announced the launch of SDK 7.0, an advanced software development kit focused on improving smart data

November 2024

Product Launch

capture. It includes features like Smart Scan Intention, Smart Label Capture, and smarter ID validation, enhancing scanning accuracy and efficiency across industries. The SDK offers better battery life, longer scan range, and extended platform support, driving automation in data capture workflows.

Clarifai announced a partnership with Crimson Phoenix to enhance AI-driven data labeling and computer vision October 2024

Partnership

capabilities for unstructured data in Defense and Intelligence. The collaboration focuses on annotating medical imagery, geospatial data, and video for mission-critical applications.

Zenetec announced its partnership with Tractable to integrate AI-powered visual damage assessments into its September 2024

Partnership

operations. By leveraging machine learning and computer vision, the solution provides accurate, 24/7 vehicle damage evaluations, helping customers make informed decisions on repairs and insurance claims, improving efficiency and service.

Campus X announced a partnership with SenseTime's Magic Lab to launch the "Sense AI" education program for August 2024

Partnership

Hong Kong students. The program, which includes two levels, covers computer vision concepts like image recognition, object detection, and facial authentication, offering hands-on learning to foster students' skills in AI technologies.

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Page No.124

MARKET SHARE ANALYSIS (1/2)

FIG NO. 136. ARTIFICIAL INTELLIGENCE IN COMPUTER VISION MARKET SHARE ANALYSIS, 2024 (%)

Intel Nvidia IBM

Oracle Google (Alphabet ) Qualcomm

Microsoft Amazon

Key Player

% Share

Intel

xx%

Oracle

xx%

Microsoft

xx%

Nvidia

xx%

Google (Alphabet )

xx%

Amazon

xx%

IBM

xx%

Qualcomm

xx%

Others

xx%

“PLEASE NOTE: The percentages mentioned above indicate the market share held by the 05 players. The remaining xx% of the AI in CV market is distributed among various competitors. *Please note that this market share analysis encompasses all the players involved in AI Market

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Page No.125

MARKET SHARE ANALYSIS (2/2)

Key Takeaways •

The global AI in computer vision market is highly fragmented, with a significant portion—80.7%—of market share held by smaller players and emerging companies. These players often cater to niche segments or provide specialized solutions in industries such as healthcare, manufacturing, and retail. Their agility and ability to innovate allow them to address specific industry needs, driving growth in diverse regions. However, their limited global reach and resources may pose challenges in scaling operations, leaving room for established market leaders to consolidate their positions.

•

Intel leads the market with an 8.5% share, leveraging its dominance in hardware accelerators such as CPUs, GPUs, and specialized AI processors, which are critical for computer vision workloads. Oracle follows with a 5.1% share, driven by its robust AI cloud services tailored for enterprises implementing computer vision solutions. Microsoft, with a 2.0% share, benefits from its Azure AI services and pre-built computer vision APIs, which cater to a broad range of use cases, from retail analytics to security. Nvidia and Google, each holding 0.9%, excel in enabling deep learning-based computer vision through advanced GPUs and TensorFlow frameworks, respectively. Amazon and IBM, with smaller shares of 0.8% and 0.6%, focus on AI-driven visual insights in e-commerce and enterprise applications, while Qualcomm's 0.4% share reflects its leadership in AI chips for mobile and edge devices.

•

The dominance of smaller players highlights the dynamic and innovative nature of the market, where startups and regional firms capitalize on emerging opportunities.

Meanwhile, large players are expanding their portfolios through strategic acquisitions and partnerships to tap into specialized applications and emerging markets. This competitive interplay between established giants and emerging innovators is expected to drive technological advancements and market growth in the coming years.

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Page No.126

13

COMPANY PROFILE HISTORIC YEAR 2019-2023 GLOBAL FORECAST TO 2032

Back to Page No.127 TOC

NVIDIA CORPORATION - COMPANY OVERVIEW

OVERVIEW

COMPANY AT A GLANCE

NVIDIA Corp (NVIDIA) is a designer and developer of graphics processing units, central processing units, and system-on-a-chip units. The company offers its products to the gaming, professional visualization, data center, and automotive markets. It also offers solutions for artificial intelligence

Established

1993​

Headquarter

United States​

performance computing, and self-driving vehicles. NVIDIA offers its products under the GeForce NOW,

Ownership

Public​

Quadro, GeForce, SHIELD, vGPU, DOCA, JESTON, and Bluefield brand names. The company serves

Revenue (US$)- 2023

60.9 Million​

Employees

~ 29,600 ​

and data science, data center and cloud computing, design and visualization, edge computing, high-

diverse industries, including architecture, engineering, construction, cybersecurity, energy, financial services, healthcare and life sciences, education, gaming, manufacturing, media and entertainment, retail, robotics, telecommunications, and transportation. It has a business presence across the

www.nvidia.com​

Website

Americas, Asia-Pacific, and Europe.​

PRODUCT BENCHMARKING CATEGORY

PRODUCT DESCRIPTION

CV-CUDA

CV-CUDA™ is an open-source library that enables building high-performance, GPU-accelerated pre- and post-processing for AI computer vision applications in the cloud at reduced cost and energy.

Vision Programming Interface (VPI)

The VPI computer vision and image processing software library from NVIDIA is ideal for implementing algorithms on computing engines, including central processing units (CPUs), graphics processing units (GPUs), programmable vision accelerator (PVA), Video and Image Compositor (VIC), and Optical Flow Accelerator (OFA).

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Page No. 128

PRODUCT OVERVIEW (2/2) PRODUCT

PRODUCT DESCRIPTION The NVIDIA Optical Flow SDK taps in to the latest hardware capabilities of NVIDIA Turing™, Ampere, and Ada

NVIDIA Optical Flow SDK

architecture GPUs dedicated to computing the relative motion of pixels between images. The hardware uses sophisticated algorithms to yield highly accurate flow vectors, ideal for handling frame-to-frame intensity variations and tracking true object motion.

NVIDIA JetPack SDK powering the Jetson modules is the most comprehensive solution for building end-to-end

JetPack SDK

accelerated AI applications, significantly reducing time to market.

NVIDIA JetPack includes 3 components: Jetson Linux, Jetson AI Stack, Jetson Platform Services

NVIDIA Metropolis

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NVIDIA Metropolis is an application framework, set of developer tools, and ecosystem of companies that brings visual data and AI together to improve operational efficiency and safety across a variety of industries.

Page No. 129

NVIDIA CORPORATION - FINANCIAL OVERVIEW

FIGURE NO: 137, NVIDIA CORPORATION RECENT FINANCIALS IN USD BILLION

FIGURE NO:138, NVIDIA CORPORATION BUSINESS REVENUE MIX, 2023 IN PERCENTAGE (%)

60.9 22.17%

Compute & Networking 26.91

26.97 Graphics

77.83% 2022

2023

2024

SKYQUEST'S TAKE ON THE COMPANY Based on SkyQuest analysis, Nvidia Corporation experienced remarkable revenue growth from 2021 to 2023. The company reported revenue of $26.91 billion in 2021, which remained relatively stable at $26.97 billion in 2022. However, in 2023, Nvidia's revenue surged dramatically to $60.9 billion, representing an astounding year-over-year increase of approximately 125.9%. This significant growth was primarily driven by the Data Center segment, which saw an impressive 217% rise to a record $47.5 billion. Additionally, Gaming revenue increased by 15%, while Professional Visualization experienced a modest 1% growth. The Automotive sector also contributed positively, with full-year revenue rising by 21%. This substantial increase in overall revenue highlights Nvidia's strategic success in capitalizing on the expanding demand for AI, data centers, and gaming technologies.

The company's diversified revenue streams and innovative product offerings have solidified its position as a leading player in the semiconductor industry, driving robust financial performance and market growth.

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Based on SkyQuest analysis, in 2023, Nvidia Corporation's revenue segmentation underscores its strategic focus and market strengths. The Compute & Networking segment dominated, contributing 77.83% of the total revenue. This significant portion reflects Nvidia's robust presence in the data center market, driven by the rising demand for AI, machine learning, and cloud computing solutions. The substantial growth in this segment, highlighted by a 217% increase in Data Center revenue, showcases Nvidia's leadership in providing cutting-edge technologies that cater to the evolving needs of modern computing infrastructure. Meanwhile, the Graphics segment accounted for 22.17% of the revenue, bolstered by a 15% increase in Gaming revenue. This indicates Nvidia's continued dominance in the gaming industry, driven by its high-performance GPUs and innovative graphics solutions. The balanced revenue distribution between Compute & Networking and Graphics segments highlights Nvidia's diversified approach, ensuring stability and growth across different technology markets. This strategic segmentation positions Nvidia well for sustained success and expansion in the rapidly evolving tech landscape.​

Page No. 130

NVIDIA CORPORATION – KEY DEVELOPEMENT OVERVIEW DATE

TYPE OF DEVELOPMENT

January 2024

Partnership

DESCRIPTION

Nvidia (NVDA) announced a partnership with Mercedes-Benz to hone self-driving capabilities. Starting with an assisted driving feature, it is believed that the technology through this partnership will add greater and greater levels of autonomy until full self-driving is achieved.

At its annual GPU Technology Conference, Nvidia announced a set of cloud services designed to help businesses build March 2023

Service Launch

and run generative AI models trained on custom data & image and created for “domain-specific tasks,” like writing ad copy.

Chip giant Nvidia Corp, unveiled its new computing platform called DRIVE Thor that would centralize autonomous and September 2022

Product Launch

assisted driving as well as other digital functions including in-car entertainment. DRIVE Thor would be able to replace numerous chips and cables in the car and bring down the overall system cost, although he did not give specific numbers on savings.

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Page No. 131

INTEL CORPORATION - COMPANY OVERVIEW

OVERVIEW

COMPANY AT A GLANCE

Intel Corp (Intel) designs and develops technology products and components. The company’s product portfolio comprises microprocessors, chipsets, embedded processors and microcontrollers, and ethernet products. It also offers technologies and solutions such as 5G connectivity, artificial

Established

1968​

Headquarter

United States​

processors under Core, Atom, Celeron, Pentium, Xeon, and Movidius brands. Intel sells its products

Ownership

Public​

and solutions to original equipment manufacturers, industrial and communications equipment

Revenue (US$)- 2023

54.2 Million​

Employees

~ 124,800​

intelligence, cloud computing, data center solutions, internet of things and robotics. Intel markets

manufacturers and original design manufacturers. The company caters media (broadcasting), financial services, health and life sciences, government and public sectors, manufacturing, retail, education, industrial, and transportation sectors. The company has business operations across the

www.intel.com​

Website

Americas, the Asia-Pacific, and Europe, and Israel.​

PRODUCT PRODUCT BENCHMARKING BENCHMARKING CATEGORY

Intel® RealSense™ Stereo depth​

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PRODUCT DESCRIPTION Stereo depth technology brings converts 2D to 3D. Stereo image sensing technologies use two cameras to calculate depth and enable devices to see, understand, interact with, and learn from their environment — powering intuitive, natural interaction and immersion.

Page No. 132

PRODUCT OVERVIEW (2/2)

CATEGORY

PRODUCT DESCRIPTION

An on-device facial authentication solution built on Intel’s vision technology and AI. It combines an active stereoIntel RealSense ID for Facial Authentication

depth sensor with a specialized neural network to deliver an intuitive and secure solution that adapts over time.

Includes products such as: Intel RealSense ID F455 Peripheral, Intel RealSense ID F450 Module

The L515 is a revolutionary solid state LiDAR depth camera which uses a proprietary MEMS mirror scanning Intel RealSense LiDAR Camera L515

technology, enabling better laser power efficiency compared to other time‑of‑flight technologies. With less than 3.5W power consumption for depth streaming, the Intel RealSense LiDAR camera L515 is the world’s most power efficient high‑resolution LiDAR camera.

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Page No. 133

INTEL CORPORATION - FINANCIAL OVERVIEW

FIGURE NO 139:, INTEL CORPORATION RECENT FINANCIALS IN USD BILLION 79.02 63.1

54.2

FIGURE NO 140:, INTEL CORPORATION BUSINESS REVENUE MIX, 2023 IN PERCENTAGE (%) 1.76% 3.83% 10.65%

1.19%

Client Computing Data Center and AI Network and Edge

53.95% 28.62%

2021

2022

Mobileye Intel Foundry Services All other

2023 SKYQUEST'S TAKE ON THE COMPANY

Based on SkyQuest analysis, Intel Corporation's revenue analysis from 2021 to 2023 reveals a significant decline. In 2021, Intel generated $79.02 billion in revenue, which dropped to $63.1 billion in 2022, a decrease of approximately 20.2%. The downward trend continued in 2023, with revenue further declining to $54.2 billion, a 14% reduction from the previous year. This $8.8 billion decrease was primarily driven by a 20% drop in DCAI revenue due to lower server volume amidst a softening CPU data center market, though partially offset by higher average selling prices (ASPs) from a lower mix of hyperscale customer-related revenue and more high core count products. Additionally, CCG revenue decreased by 8%, impacted by reduced notebook and desktop volume from decreased demand across market segments, despite some recovery in the second half as customer inventory levels normalized. NEX revenue also fell by 31%, as customers moderated purchases to adjust to a lower demand environment and reduce inventories. This comprehensive decline highlights Intel's challenges in adapting to changing market dynamics.​

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Based on SkyQuest analysis, In 2023, Intel Corporation's revenue segmentation highlights its strategic focus across diverse business segments. The Client Computing Group (CCG) led the revenue distribution, contributing 53.95%, despite an 8% decrease due to lower notebook and desktop volume driven by diminished demand across market segments. The Data Center and AI (DCAI) segment accounted for 28.62% of revenue but experienced a 20% decline owing to reduced server volume amid a softening CPU data center market, though partially offset by higher average selling prices (ASPs). The Network and Edge (NEX) segment generated 10.65% of revenue, facing a significant 31% drop as customers adjusted purchases to match lower demand and reduce inventories. Mobileye, Intel's autonomous driving unit, contributed 3.83% to the overall revenue, while Intel Foundry Services (IFS) and other segments added 1.76% and 1.19%, respectively. This segmentation analysis underscores Intel's diverse revenue streams and highlights the need for strategic adjustments in response to evolving market demands and competitive pressures in key segments.​

Page No. 134

INTEL CORPORATION– KEY DEVELOPMENTS

DATE

TYPE OF DEVELOPMENT

DESCRIPTION

Intel expanded its collaboration with AWS, producing AI fabric chips and custom Xeon processors using its September 2024

Collaboration

advanced process nodes. This partnership also underscores a commitment to U.S.-based semiconductor manufacturing in Ohio, aimed at creating a robust AI ecosystem​

Intel launched its 13th Gen Core processors in 2022, targeting high-performance computing needs. It continued April 2023

Product Launch

to refine its chip design and introduced AI-focused features across its product lines, aligning with market demands for performance and energy efficiency

Intel committed significant investments in semiconductor manufacturing facilities, including its $20 billion Ohio January 2022

Investment

plant project, part of its IDM 2.0 strategy. This expansion aims to solidify Intel's leadership in chip fabrication while supporting domestic semiconductor supply chains

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Page No. 135

MICROSOFT CORP. - COMPANY OVERVIEW

OVERVIEW

COMPANY AT A GLANCE

Microsoft Corp. (Microsoft) is an American multinational computer technology corporation. It is a developer and provider of software products, services, and devices. The company offers a

Established

1975​

Headquarter

United States​

Ownership

Public​

Revenue (US$)- 2023 Employees

comprehensive

of

operating

systems,

cross-device

productivity

applications,

server

applications, software development tools, business solution applications, desktop and server management tools, video games, and training and certification services. It also designs, manufactures, and sells hardware products, including PCs, tablets, gaming and entertainment

211.92 Million​

consoles, and other intelligent devices. The company provides a broad spectrum of services, including

220,000​

cloud-based solutions, solution support, and consulting services. Microsoft operates in around 190

www.microsoft.com​

Website

range

countries.​

PRODUCT PRODUCT BENCHMARKING BENCHMARKING CATEGORY

PRODUCT DESCRIPTION Azure AI Vision is a unified service that offers innovative computer vision capabilities. Give your apps the ability

Azure AI Vision

to analyze images, read text, and detect faces with prebuilt image tagging, text extraction with optical character recognition (OCR), and responsible facial recognition. Incorporate vision features into your projects with no machine learning experience required.

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Page No. 136

MICROSOFT CORP. - FINANCIAL OVERVIEW

FIGURE NO:141, MICROSOFT CORP RECENT FINANCIALS IN USD BILLION

FIGURE NO:142, MICROSOFT CORP BUSINESS REVENUE MIX, 2023 IN PERCENTAGE (%)

67 55

25.83%

45

32.69%

Productivity and Business Processes Intelligent Cloud More Personal Computing

41.48%

2022

2023

2024 SKYQUEST'S TAKE ON THE COMPANY

Based on SkyQuest analysis, Microsoft Corporation demonstrated consistent revenue growth from 2021 to 2023. In 2021, the company generated $168.09 billion in revenue, which increased to $198.27 billion in 2022, reflecting a year-over-year growth of approximately 17.9%. The positive trend continued in 2023, with revenue reaching $211.92 billion, representing an additional growth of about 6.9% compared to the previous year. This steady increase highlights Microsoft's strong market position and successful strategies in expanding its cloud computing, software, and services portfolio. The significant growth from 2021 to 2022 can be attributed to the robust performance of Azure and other cloud services, as well as increased demand for productivity and business processes solutions. The continued rise in 2023 underscores the company's ability to adapt to market trends and maintain its competitive edge through innovation and strategic investments. Microsoft's diversified revenue streams and focus on high-growth areas have been key drivers in sustaining its upward revenue trajectory.

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Based on SkyQuest anIn 2023, Microsoft's revenue segmentation reflects its strategic focus and market leadership across diverse business areas. The Intelligent Cloud segment led the revenue distribution, contributing 41.48% of the total revenue. This dominance underscores Microsoft's strong presence in cloud computing, driven by the continued success of Azure, server products, and cloud services, which cater to the growing demand for digital transformation and enterprise solutions. The Productivity and Business Processes segment accounted for 32.69% of the revenue, highlighting the company's robust performance in productivity software and services, including Office 365, LinkedIn, and Dynamics 365, which are integral to business operations and collaboration. The More Personal Computing segment, representing 25.83% of the revenue, reflects Microsoft's sustained success in Windows, Surface devices, and gaming (including Xbox), despite the highly competitive consumer electronics market. This balanced revenue distribution across key segments demonstrates Microsoft's diversified approach, ensuring resilience and continued growth by leveraging its strengths in cloud, productivity, and personal computing solutions.​

Page No. 137

MICROSOFT CORP. – KEY DEVELOPMENTS

DATE

TYPE OF DEVELOPMENT

DESCRIPTION Vodafone and Microsoft Corp. announced a 10-year strategic partnership to leverage their digital platforms for

January 2024​

Partnership​

over 300 million businesses, public sector organizations, and consumers in Europe and Africa. The collaboration aims to enhance Vodafone’s customer experience with Microsoft’s generative AI, scale Vodafone’s IoT connectivity platform, develop digital and financial services for SMEs, and revamp Vodafone’s global data center cloud strategy, advancing AI integration and service offerings.​

January 2024​

November 2023​

Product Launch​

Partnership​

Microsoft introduced new AI and data solutions for retailers, enabling personalized shopping experiences, empowering store staff, and improving data utilization. These include copilot templates for tailored shopping experiences, retail data solutions, copilot features in Dynamics 365 Customer Insights, and Retail Media Creative Studio. These offerings provide retailers with versatile tools to enhance the entire shopper journey.​ The leaders from the United Nations and Microsoft Corp. announced a partnership to enable the UNFCCC to create a new AI-powered platform and global climate data hub to measure and analyze global progress in reducing emissions. This will simplify the process to validate and analyze climate data and Images submitted by the 196 Parties to the Paris Agreement.​

October 2023​

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Partnership​

Microsoft and Siemens are deepening their partnership by bringing the benefits of generative AI to industries worldwide. As a first step, the companies are introducing Siemens Industrial Copilot, an AI-powered jointly developed assistant aimed at improving human-machine collaboration in manufacturing. In addition, the launch of the integration between Siemens Teamcenter software for product lifecycle management and Microsoft Teams will further pave the way to enabling the industrial metaverse. ​

Page No. 138

C3.AI - COMPANY OVERVIEW

OVERVIEW

COMPANY AT A GLANCE Established

2009

Headquarter

United States

Ownership

Public

Revenue (US$)- 2023

C3.ai Inc (C3 IoT) is a technology company that develops and delivers enterprise software solutions. The company offers the C3 IoT Platform, a cloud-based software platform that enables the rapid design, development, deployment and operation of enterprise-scale software applications. Its products find applications in C3 predictive maintenance, C3 schedule optimization, C3 energy management, C3 fraud detection and C3 supply network, among others. The company serves utilities, oil and gas, industrial and manufacturing, aerospace and defense,

310.60 Million

transportation, financial services, healthcare, insurance, retail, telecommunication and public sectors. It operates in the US, Australia, Paris, France, Munich, Germany, Rome, Italy, Amsterdam, Netherlands, Singapore and the UK,

~891

Employees

among others.

www.c3.ai

Website

PRODUCT BENCHMARKING PRODUCT

DESCRIPTION

The C3 AI Platform is an end-to-end platform for designing, developing, deploying, and operating enterprise AI C3 AI Platform​

applications at industrial scale. The C3 AI Platform provides and supports a wide library of frameworks and ML Pipelines to easily build advanced machine learning models to address computer vision use cases across industries.

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Page No. 139

C3 AI - FINANCIAL OVERVIEW

FIGURE NO 143: C3 AI, RECENT FINANCIALS IN USD BILLION

FIGURE NO 144: C3 AI, BUSINESS REVENUE MIX, 2023 IN PERCENTAGE (%)

310.6 252.8

266.8

10.46%

Subscription

Professional services

89.54%

2021

2022

2023

SKYQUEST'S TAKE ON THE COMPANY Based on SkyQuest’s analysis, C3.ai's revenue grew strongly from 2021 to 2023, driven by the

Based on SkyQuest’s in-depth analysis, In 2023 C3 AI company got around 89.54% of its revenue from the

quickening pace of AI adoption in enterprises. The company generated revenue of $252.8 million

Subscription segment. This huge share reflects the strongly inclined nature of the firm to provide its

in 2021. The figure increased 5.5% to $266.8 million in 2022, which was driven by customer base

scalable AI software through the subscription model, which would be one of the firm's cornerstones in

diversification and a richer set of AI offerings. In 2023, this trend accelerated further as the

business strategy. This subscription to a model creates both a dependable, stable revenue stream and

revenue increased by 16.4% to $310.6 million. This steep growth is a testament to the fast ability

directly relates to the increased urgency with which companies are seeking out C3 AI advanced artificial

of C3.ai to capture the increasing market demand for AI-driven digital transformation solutions,

intelligence applications. The final 10.46% of revenue was derived from Professional Services, which

especially across the energy, manufacturing, and government sectors. Against this backdrop, the

includes implementation, consulting, and training services. Even though this represents a small part of the

company's constant revenue increase speaks to strategic focusing on innovation and customer

whole, this segment services the proper deployment and integration of C3 AI products to increase

success in such a way that places C3.ai as one of the major companies in the enterprise AI

customer satisfaction and retention. Continued strong performance in the Subscription segment highlights

marketplace. This trajectory puts C3.ai in the running for sustained growth as more and more

C3 AI's strategic focus on recurring revenue to drive long-term growth and maintain its competitive

businesses look toward AI solutions to optimize operations and drive efficient processes.

standing in a fast-everging AI market.

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Page No. 140

C3.AI– KEY DEVELOPMENTS

DATE

July 2024​

TYPE OF DEVELOPMENT

Product Launch​

DESCRIPTION

C3 AI the Enterprise AI application software company, announced C3 Generative AI for Government Programs, a generative AI application that helps federal, state, and local governments quickly deliver accurate information to the public about government programs ranging from healthcare, employment, financial assistance, and more. The application streamlines access and comprehension of complex government programs and processes for hundreds of millions of citizens and residents, helping them navigate systems and services with ease.​

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Page No. 141

AMAZON WEB SERVICES, INC - COMPANY OVERVIEW

OVERVIEW

COMPANY AT A GLANCE Established

1994

Headquarter

United States

Ownership

Public

Revenue (US$)- 2023

574.78 Million

Employees

~ 1,525,000

Website

www.amazon.com

Amazon Web Services Inc (AWS), a subsidiary of Amazon.com, Inc. they provides cloud computing services. The company provides a wide array of cloud infrastructure services encompassing computing, storage, databases, networking, analytics, mobile development, developer tools, augmented and virtual reality, robotics, game technology, machine learning, management tools, content delivery, media services, customer engagement, application streaming, and security, identity, and compliance solutions. AWS also provides solutions for AI and artificial intelligence, empowering businesses to integrate advanced machine learning models and data analytics into their operations. It operates across multiple regions, including the Americas, Europe, the Middle East, Africa, the Asia-Pacific, as well as Australia and New Zealand.

PRODUCT BENCHMARKING PRODUCT

DESCRIPTION

Amazon Rekognition provides image and video analysis to your applications using deep learning technology that requires no Amazon Rekognition

machine learning expertise to use. With Amazon Rekognition, you can identify objects, people, text, scenes, and activities in images and videos, as well as detect any inappropriate content.

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Page No. 142

AMAZON WEB SERVICES, INC - FINANCIAL OVERVIEW

FIGURE NO 145: AMAZON WEB SERVICES, INC, RECENT FINANCIALS IN USD BILLION

FIGURE NO 146: AMAZON WEB SERVICES, INC, BUSINESS REVENUE MIX, 2023 IN PERCENTAGE (%) 0.83%

574.78 469.82

513.98

Online stores

15.58%

Physical stores 7.34%

42.80%

Third-party seller services Subscription services

6.85%

Advertising services AWS

2021

2022

2023

22.90%

3.69%

Other

SKYQUEST'S TAKE ON THE COMPANY Based on SkyQuest analysis, Amazon Web Services Inc. showed quite a consistency in terms of

As per the analysis carried out by SkyQuest, the revenue streams of Amazon.com Inc. are diversified

revenue generation from 2021 up to 2023. In the year 2021, AWS generated revenues of 469.82

across the different segments clearly indicative of a multi-legged business model. The information in this

billion, increasing by 9.4 percent to 513.98 billion in the next year, 2022. The growth extended

regard reveals that online stores, at 42.80%, reflect the largest share and importance of the e-commerce

further into 2023, where revenues reached 574.78 billion, reflecting an 11.8% increase from the

platform for Amazon. Third-party seller services comprise 22.90 percent, indicating clearly the hefty

previous year. Growth continues to reflect the increased market presence of AWS, powered by

contribution by other merchants selling through Amazon's platform. Amazon Web Services account for

rising demand for its different types of cloud infrastructure services. AWS's innovation and

15.58%, thus the importance of the company's cloud computing division. Subscription services, which

scalable, reliable cloud solutions have cemented the company's lead in cloud computing, giving it

include offerings such as Amazon Prime, bring in 6.85%, showing the impact of subscription-based models

a diversified customer base from startups to large enterprises. This steady revenue growth further

on Amazon's revenue stream. Advertising services, with a share of 7.34%, would point to the fact that the

underlines the central role that AWS is going to play in driving Amazon's overall financial

company did well with this platform for digital advertisement opportunities. The digital showroom

performance.

accounted for 96.49%, while other segments such as the physical store accounted for only 3.69% and 0.83%, respectively, which reflects Amazon's existence outside the cyber world.

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Page No. 143

AMAZON WEB SERVICES, INC – KEY DEVELOPMENTS

DATE

TYPE OF DEVELOPMENT

DESCRIPTION Amazon Web Services, Inc., an Amazon.com, Inc. company, announced a $230 million commitment for

June 2024

Investment

startups around the world to accelerate the creation of generative AI applications. This will provide startups, especially early-stage companies, with AWS credits, mentorship, and education to further their use of artificial intelligence (AI) and machine learning (ML) technologies.

AWS collaborated with Amgen to use generative AI solutions to improve drug discovery, development, and manufacturing. Amgen leveraged AWS’s AI and machine learning tools, including Amazon

November 2023

Collaboration

SageMaker, to enhance efficiency in its operations. They aimed to increase manufacturing throughput and reduce equipment downtime with predictive maintenance. The partnership also focused on using AI to optimize clinical trials and other operational processes.

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Page No. 144

OMRON CORPORATION - COMPANY OVERVIEW

OVERVIEW

COMPANY AT A GLANCE

Omron Corp (Omron) manufactures and markets automation components, electronic components, social systems and healthcare equipment. The company’s product portfolio comprises sensors, relays,

Established

1933​

safety components, automation systems, switches, motion and drives, control components, robotics,

Headquarter

Japan​

power supplies, switches, relays, and connectors. It also offers face recognition software, components

Ownership

Public​

Revenue (US$)- 2023 Employees

for amusement equipment, mems sensors, railway station services systems, and traffic and road management systems. The company also offers card payment services, security and safety solutions,

5.84 Million​

IoT solutions, digital thermometers, electrotherapy tens devices, nebulizers, monitors, and fare

~28,450​

adjustment machines. It has a business presence in Japan, the Americas, Europe, Asia, Oceania and

www.omron.com​

Website

Africa.​

PRODUCT PRODUCT BENCHMARKING BENCHMARKING CATEGORY

FH Series

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PRODUCT DESCRIPTION

A complete solution for automating human-intensive part picking.

Page No. 145

OMRON CORPORATION - FINANCIAL OVERVIEW

FIGURE NO:,147 OMRON CORPORATION RECENT FINANCIALS IN USD BILLION 6.94

FIGURE NO:148, OMRON CORPORATION BUSINESS REVENUE MIX, 2023 IN PERCENTAGE (%) 0.24% 15.85%

6.70

12.25% 6.35

55.44% 16.22%

2021

2022

Device & Module Solutions Business (DMB) Social Systems, Solutions and Service Business (SSB) Healthcare Business (HCB) Industrial Automation Business (IAB) Eliminations and Corporate

2023

SKYQUEST'S TAKE ON THE COMPANY Based on SkyQuest analysis, For OMRON Corporation, there has been an oscillating trend of revenues between the years 2020 and 2022. This Japan-based company pulled in revenues of $5.84 billion in 2020. This increased to $6.70 billion, up 14.7%, in 2021—a strong performance most likely driven by OMRON's diversified portfolio and rising demand for automation and healthcare solutions. In 2022, however, revenue returned to $5.84 billion, down 12.8% over 2021. Maybe that is due to the ongoing global supply chain disruption, economic uncertainty, or a shift in market demand. That Omron has held the same level of revenue it had in 2020 after this decrease in 2022 speaks to how strong the underlying businesses are. This overall trend underlines how the company must adapt to pressure from external markets without ceasing to innovate in key sectors.​

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Based on SkyQuest analysis, Based on SkyQuest’s analysis, IAB contributed 55.44 %, the maximum percentage share, to the total sales of OMRON Corporation in 2023. Just this large contribution gives an idea of the strong pedestal that places the company in the automation sector and is reflective of increasing global demand for sophisticated automation solutions. Healthcare Business contributed 16.22 % to underpin OMRON's rising presence in the healthcare sector, more specifically in medical devices and health management systems. On the other hand, the Device & Module Solutions Business contributed 15.85% of revenues, an indication that the company has had some sterling performance in electronic devices and their related components. The second is the Social Systems, Solutions, and Service Business, contributing 12.25%, which underscores their infrastructure and social solution provisions. A small contribution from Eliminations and Corporate reflects only slight internal adjustments. The diversified business segments of OMRON as a whole underscore the strategic focus on key growth areas that drives the company's resilience and long-term success.​

Page No. 146

OMRON CORPORATION – KEY DEVELOPMENTS

DATE

TYPE OF DEVELOPMENT

DESCRIPTION

Neura Robotics, a pioneer in cognitive robotics, and OMRON Robotics and Safety Technologies Inc., a is in industrial robotics and automation, announced a strategic partnership to transform manufacturing through the integration of April 2024

Partnership

advanced AI into cognitive robots. This collaboration aims to introduce cognitive robots into factory automation, leveraging their ability to learn, make autonomous decisions, and adapt to dynamic production scenarios. Unlike traditional industrial robots, cognitive robots open up new possibilities for intricate assembly tasks, quality inspections, and flexible material handling.

OMRON Automation Americas is in industrial automation solutions launched the new MD Series of autonomous mobile robots (AMR). This expansion of OMRON's mobile robot portfolio is designed to provide greater efficiency February 2024

New Product Launch

and a broader range of applications for part and material transport at production sites. The MD Series offers payload capacities of 650 and 900 kilograms, accommodating a wider variety of medium-duty transport needs.

This new offering complements OMRON's existing line of autonomous mobile robots, enabling customers to select the most suitable solution based on their specific payload requirements.

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Page No. 147

INTERNATIONAL BUSINESS MACHINES CORP. - COMPANY OVERVIEW

OVERVIEW

COMPANY AT A GLANCE

IBM provides information technology products and services. The company manufactures and sells system hardware and software, as well as provides infrastructure, hosting, and consulting services.

IBM's product portfolio includes analytics, artificial intelligence, automation, blockchain, cloud

Established

1911​

Headquarter

United States​

company also provides cloud, networking, security, technology consulting, application services,

Ownership

Public​

business resilience, and technology support services. IBM provides AI solutions like IBM Watsonx™, a

Revenue (US$)- 2023

computing, IT infrastructure, IT management, cybersecurity, and software development solutions. The

comprehensive data and AI platform featuring AI assistants, backed by IBM Research's deep scientific

61.86 Million​

knowledge and expert consultants to facilitate responsible AI implementation throughout your

305,300​

Employees

enterprise, shaping the future of your business today. The company's operations include the

www.ibm.com​

Website

Americas, Europe, the Middle East, Africa, and Asia-Pacific. ​

PRODUCT BENCHMARKING CATEGORY

PRODUCT DESCRIPTION

Maximo Visual Inspection includes tools that enable subject matter experts to label, train and deploy deep IBM Maximo Visual Inspection

learning vision models—without coding or deep learning expertise. The vision models can be deployed in local data centers, the cloud and edge devices.

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Page No. 148

INTERNATIONAL BUSINESS MACHINES CORP. - FINANCIAL OVERVIEW

FIGURE NO:149, IBM RECENT FINANCIALS IN USD BILLION 61.86 60.53

FIGURE NO:150, IBM BUSINESS REVENUE MIX, 2023 IN PERCENTAGE (%) 1.20%

0.38%

23.59% 42.53%

57.35

Software

Consulting

Financing

Other

Infrastructure

32.31%

2021

2022

2023

SKYQUEST'S TAKE ON THE COMPANY Based on SkyQuest analysis, Based on SkyQuest analysis, IBM's revenue performance over the span of three years demonstrates notable trends and growth. In 2021, the company reported revenue of USD 57.35 billion, indicating a steady base for its operations. This was followed by a significant increase in revenue to USD 60.53 billion in 2022, marking a growth rate of approximately 5.54%. This growth suggests successful business initiatives and market strategies implemented by IBM during that period. Moving forward to 2023, IBM continued its upward trajectory, generating revenue of USD 61.86 billion, representing a modest increase of about 2.20% compared to the previous year. While the growth rate in 2023 was lower than that of 2022, it still demonstrates IBM's ability to sustain revenue growth and adapt to changing market dynamics. Furthermore, the company's emphasis on innovation, as evidenced by the growing demand for its WatsonX platform and generative AI, underscores IBM's commitment to technological advancements and meeting evolving customer needs. ​

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Based on SkyQuest analysis, Based on SkyQuest’s Analysis, IBM's revenue can be segmented into five main categories: Software, Consulting, Infrastructure, Financing, and Other. Software represents the largest share, accounting for approximately 42.53% of IBM's revenue, indicating the significant contribution of software sales and licensing to the company's overall revenue stream. Consulting follows closely behind, comprising approximately 32.31% of the revenue, reflecting revenue generated from professional services such as advisory, implementation, and support services offered to clients.

Infrastructure accounts for around 23.59% of IBM's revenue, encompassing revenue derived from hardware sales, cloud services, and related infrastructure offerings. Financing and Other segments represent smaller shares of approximately 1.20% and 0.38%, respectively, likely consisting of revenue from financial services and miscellaneous sources.

This segmental share analysis highlights IBM's diversified revenue streams, with a strong focus on software, consulting, and infrastructure solutions, underscoring its position as a comprehensive technology and services provider in the industry.​

Page No. 149

INTERNATIONAL BUSINESS MACHINES CORP. – KEY DEVELOPMENTS

DATE

TYPE OF DEVELOPMENT

DESCRIPTION

IBM and NVIDIA join forces to accelerate enterprise AI adoption, addressing a gap in identifying innovation use March 2024​

​

cases for generative AI, as highlighted by a recent IBM study. Emphasizing the need for tailored, quality data-

Collaboration​

driven models, they aim to drive scalable deployment of explainable AI with specialized expertise and strategic partnerships.​

Usher's New Look (UNL) and IBM (NYSE: IBM) have partnered to offer free career readiness training via IBM March 2024​

Partnership​

SkillsBuild, emphasizing artificial intelligence (AI) and workplace skills. Through tailored learning plans, IBM will support UNL's students, particularly those underrepresented in tech, fostering opportunities for thousands nationwide.​

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Page No. 150

CONCLUSIONS & RECOMMENDATIONS

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CONCLUSION

•

Surge in Government and Institutional Support Governments worldwide are playing a pivotal role in the AI in computer vision market through strategic initiatives, funding programs, and regulatory frameworks. National AI strategies, such as the U.S. National AI Initiative and the UAE’s National AI Strategy, are fostering innovation and adoption across critical sectors like defense, healthcare, and public safety. Such initiatives provide a strong foundation for private-public partnerships, R&D investments, and talent development. This ecosystem has encouraged innovation in areas like autonomous vehicles, surveillance, and smart cities, ensuring that the benefits of AI-driven computer vision reach diverse applications and geographies.

•

Dominance of Healthcare and Automotive Sectors Healthcare and automotive sectors are emerging as the largest adopters of AI in computer vision. In healthcare, computer vision is revolutionizing diagnostics, treatment planning, and patient monitoring by enabling early detection of diseases and personalized treatment protocols. For the automotive industry, computer vision technologies are critical for autonomous driving, advanced driver-assistance systems (ADAS), and predictive maintenance. These sectors are witnessing high levels of investment due to their potential for delivering tangible benefits, including cost savings, improved safety, and operational efficiencies. The increasing demand for AI in these areas underscores its transformative role in addressing some of the most pressing global challenges.

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Page No. 152

RECOMMENDATIONS

•

Invest in Vertical-Specific Solutions The adoption of AI in computer vision is highly sector-dependent, with industries such as healthcare, retail, automotive, and manufacturing demonstrating distinct needs. Market players should focus on developing tailored solutions, such as precision diagnostic tools in healthcare, autonomous vehicle navigation systems, and smart surveillance for retail. Companies can achieve competitive differentiation by addressing industry pain points with customizable and modular computer vision platforms. Partnerships with industry stakeholders and end-users will also be crucial to refining these solutions and ensuring practical applicability.

•

Leverage Emerging Markets for Growth Emerging economies in regions like Latin America, Africa, and Southeast Asia offer untapped potential for AI in computer vision, particularly in addressing local challenges such as urbanization, food security, and healthcare access. These markets provide opportunities for scalable, cost-effective solutions such as low-cost surveillance systems or AI-powered crop monitoring tools. Companies should collaborate with local governments and stakeholders to adapt products to regional needs while aligning with national AI strategies or developmental priorities. Establishing local R&D hubs can also support localization efforts and improve market penetration.

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Page No. 153

ABOUT US & APPENDIX

Back to Page No.154 TOC

ABOUT US Established in 2006, SkyQuest is a Global Market Intelligence, Innovation Management organization that connects innovation to new markets, networks & collaborators for achieving sustainable development goals.

SOME OF OUR CLIENTS

180+ Institutional Clients 125000+ Retail Clients 500+ Workshops Organized

Sectoral Coverage Aerospace & Defense | Information Technology | Clean Tech| Agriculture | Water |Life Sciences and Healthcare | Reinforcement Learning | Energy and Power | Food & Beverage | Chemicals & Materials | Semiconductor & Electronics | Oil & Gas | Banking, Financial Services, Capital

Page No.155

OUR CUSTOMIZED RESEARCH CAPABILITIES

CUSTOMER, DISTRIBUTOR, SUPPLIER INTELLIGENCE o Identification of potential partners o o o o o

Shortlisting/finalization of potential partners Customer need analysis Customer's purchase and usage behavior Customer/partner feedback and satisfaction Brand perception analysis

COMPETITIVE INTELLIGENCE SUPPORT o o o o

Company profiling Competition assessment incl. market share Drilled down revenue estimations Employer value proposition

DATA COLLECTION AND ANALYSIS SUPPORT o Data analytics and visualization o Data collection, manipulation incl. web scraping o B2B and B2C surveys and interviews

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COMPONENT INTELLIGENCE SUPPORT o o o o o o o

Import and Export Intelligence Commodity pricing intelligence Component pricing intelligence Component Positioning Assessment New product launch tracker Component claims assessment Component Concept Testing

MARKET INTELLIGENCE SUPPORT o Market size and segmentation o Growth opportunities o Market dynamics and new developments o Go to Market Strategies

MARKET STRUCTURE ASSESSMENT o Macroeconomic analysis o Value Chain and Supply Chain Analysis o Regulatory assessment o Technology scouting and assessment

Page No.156

DISCLAIMER SkyQuest provides strategic analysis to a select group of customers in response to orders. Our customers acknowledge when ordering that these strategic analysis for internal use and not for general publication or disclosure to any third party. SkyQuest does not endorse any vendor, product, or product type profiled in its publications. SkyQuest's strategic analysis constitutes estimations and projections based on secondary and primary research and are therefore subject to variations.

SkyQuest disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness, for any particular purpose. SkyQuest takes no responsibility for incorrect information supplied to it by manufacturers or users.

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