The global market size in the 'Computer Vision' segment of the artificial intelligence market was forecast to continuously increase between 2024 and 2030 by in total 21.2 billion U.S. dollars (+82.17 percent). After the eighth consecutive increasing year, the market size is estimated to reach 46.96 billion U.S. dollars and therefore a new peak in 2030.
Data provided by Statista Market Insights are estimates.
Definition: Computer vision is a field of artificial intelligence that focuses on enabling computers to understand and interpret visual information from digital images or videos. It involves the development of algorithms and models that can extract meaningful insights from visual data, such as identifying objects in images (image recognition), converting spoken language into written text (speech recognition), and analyzing unique facial features for identification (facial recognition). By mimicking human vision and perception, computer vision technology enables machines to comprehend and analyze visual content. This technology is applicable to a wide range of industries.
Structure: The Computer Vision market has three markets. The Speech Recognition market covers the analysis and interpretation of human speech. The Image Recognition market covers the analysis and interpretation of digital images using computer vision, and the Facial Recognition covers the analysis and interpretation of human faces in digital images and/or videos.
Additional Information:
The market comprises two key performance indicators: market sizes and market sizes by industry. Market sizes are generated by the funding amount of Computer Vision companies. Key players of the market include companies such as Nvidia, Intel, and IBM.
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Statista. (April 11, 2024). Size of computer vision market worldwide from 2020 to 2030 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/forecasts/1449859/worldwide-computer-vision-market-size
Statista. "Size of computer vision market worldwide from 2020 to 2030 (in billion U.S. dollars)." Chart. April 11, 2024. Statista. Accessed December 30, 2024. https://www.statista.com/forecasts/1449859/worldwide-computer-vision-market-size
Statista. (2024). Size of computer vision market worldwide from 2020 to 2030 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/forecasts/1449859/worldwide-computer-vision-market-size
Statista. "Size of Computer Vision Market Worldwide from 2020 to 2030 (in Billion U.S. Dollars)." Statista, Statista Inc., 11 Apr 2024, https://www.statista.com/forecasts/1449859/worldwide-computer-vision-market-size
Statista, Size of computer vision market worldwide from 2020 to 2030 (in billion U.S. dollars) Statista, https://www.statista.com/forecasts/1449859/worldwide-computer-vision-market-size (last visited December 30, 2024)
Size of computer vision market worldwide from 2020 to 2030 (in billion U.S. dollars) [Graph], Statista, April 11, 2024. [Online]. Available: https://www.statista.com/forecasts/1449859/worldwide-computer-vision-market-size