The "Global Computer Vision Market by Product Type, Component, Application, Vertical and Region: Industry Analysis and Forecast 2020-2026" report has been added to ResearchAndMarkets.com's offering.
The Global Computer Vision Market size is expected to reach $17.9 billion by 2026, rising at a market growth of 10.1% CAGR during the forecast period.
Computer vision which is driven by artificial intelligence is a novel technology that teaches computers to analyze the images. These images are interpreted through pattern or object recognition. The advancement in technology and the introduction of deep learning techniques in computer vision systems have made it capable of replicating human vision. For example, AI-aided surveillance in the healthcare industry is useful in cranial imaging that monitors acute neurologic events and thereby detect neurological illnesses. Diagnosis of disease in healthcare, quality inspection in manufacturing, biometric analysis in security, and guiding autonomous vehicles in transportation, are the important applications of computer vision in different industries.
This technology has developed as an imitation of a human visual system that supports the visual cognition requiring automation tasks. Though, the image deciphering process is more complex than analyzing data in a binary form. Because of the vast amount of multi-dimensional data are associated with an image for analysis. Artificial neural networks, machine learning, and deep learning are being used that will result in increasing the capabilities of computer vision in replicating human vision, it will also make it possible to address such intricacy in developing AI systems for recognizing visual data. Moreover, with arrivals in deep learning techniques, this technology has got more adaptive at the recognition of pattern than that of the human visual cognitive system.
The World Health Organization (WHO) has declared the novel coronavirus (COVID-19) outbreak as a pandemic that is responsible for disrupting the humankind as well as businesses. Though, this pandemic has also opened many opportunities for computer vision systems to fight the current epidemic as numerous big and small tech start-ups are working for containment, mitigation, and prevention of the virus. Alibaba's research institute Damo Academy, for example, has developed an algorithm that helps in the diagnosis and detection of new coronavirus cases with the assistance of a chest Computed Tomography (CT) scan. The AI model that is used in the system is trained with some sample data of about 5,000 positive coronavirus cases.
Based on Product Type, the market is segmented into PC-Based and Smart Camera-Based. Based on Component, the market is segmented into Hardware and Software. Based on Application, the market is segmented into Quality Assurance & Inspection, Measurement, Identification, Predictive Maintenance, Positioning & Guidance and 3D Visualization & Interactive 3D Modeling. Based on Vertical, the market is segmented into Industrial and Non-Industrial. Based on Regions, the market is segmented into North America, Europe, Asia-Pacific, and Latin America, Middle East & Africa.
Texas Instruments, Inc.
National Instruments Corporation
TKH Group NV
Key Topics Covered:
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
2.1.2 Executive Summary
2.1.3 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Mergers & Acquisitions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2016-2020)
3.3.2 Key Strategic Moves: (Product Launches and Product Expansions: 2017, Apr to 2020, Aug) Leading Players
Chapter 4. Global Computer Vision Market by Product Type
4.1 Global Computer Vision PC-Based Market by Region
4.2 Global Computer Vision Smart Camera-Based Market by Region
Chapter 5. Global Computer Vision Market by Component
5.1 Global Computer Vision Hardware Market by Region
5.2 Global Computer Vision Software Market by Region
Chapter 6. Global Computer Vision Market by Vertical
6.1 Global Industrial Computer Vision Market by Region
6.2 Global Non-Industrial Computer Vision Market by Region
Chapter 7. Global Computer Vision Market by Application
7.1 Global Quality Assurance & Inspection Computer Vision Market by Region
7.2 Global Measurement Computer Vision Market by Region
7.3 Global Identification Computer Vision Market by Region
7.4 Global Predictive Maintenance Computer Vision Market by Region
7.5 Global Positioning & Guidance Computer Vision Market by Region
7.6 Global 3D Visualization & Interactive 3D Modeling Computer Vision Market by Region
Chapter 8. Global Computer Vision Market by Region
8.1 North America Computer Vision Market
8.2 Europe Computer Vision Market
8.3 Asia-Pacific Computer Vision Market
8.4 LAMEA Computer Vision Market
Chapter 9. Company Profiles
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