Computer vision is often used in the healthcare sector. Visual, radiological, and picture assessment is critical in medical diagnosis. By evaluating ultrasound images, MRIs, and CT scans, which are all part of today’s modern medical routine arsenal, computer vision systems not only expedite but also minimize incorrect diagnoses and lower medical expenditures. Computer vision is not intended to replace medical expertise; rather, it is intended to make their work easier and to assist them in making better decisions.
AI in Computer Vision Market Report Scope:
The AI in Computer Vision market has been studied at the regional and national levels. The study includes a segment- and region-specific analysis of the AI in Computer Vision market dynamics, including drivers, restraints, challenges, and opportunities. Because of the detailed market analysis, the report serves as an investor’s guide.
A bottom-up approach has been employed to estimate the AI in Computer Vision market size. Secondary research identifies key players in the AI in Computer Vision market, and primary and secondary research determines their market revenues. Primary research included interviews with key opinion leaders and AI in Computer Vision industry experts such as skilled front-line personnel, entrepreneurs, and marketing professionals, while secondary research included a review of annual and financial reports from leading manufacturers. SWOT analysis was used to provide strengths, weaknesses, opportunities and threats of the AI in Computer Vision key players in the industry.
AI in Computer Vision Market Report Overview:
Stellar Market Research’s new market intelligence report indicates lucrative growth for AI in Computer Vision Market suppliers in the forecast period through 2029. The market report includes the market’s growth drivers, major restraints, upcoming challenges, and current opportunities.
AI in Computer Vision Market size was valued at US$ 15.4 Billion in 2020 and the total AI in Computer Vision revenue is expected to grow at 24.6% through 2021 to 2027, reaching nearly US$ 71.8 Billion.
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AI in Computer Vision Market Regional Analysis:
Government actions and regulations in the industry fuel AI in Computer Vision Market growth in the region. The AI in Computer Vision market report includes market geography, market size and share, as well as in-depth research into the business network structure, opportunities, and news updates. The report covers all regions, including North America, Europe, Asia Pacific, South America, and the Middle East and Africa.
AI in Computer Vision Market Segmentation:
In terms of industry, the consumer electronics segment is predicted to grow at a CAGR of 10.3% during the projection period.
The market for AI in computer vision is increasing due to rising demand for AI-based computer vision applications in consumer devices such as smartphones, PCs, and laptops. Universal health care, on the other hand, is predicted to develop the fastest throughout the forecast period, as AI-based computer vision devices become more significant in products such as radiography and diagnostic imaging.
Furthermore, the increasing participation of big car and IT behemoths in the construction of self-driving automobiles is propelling AI’s expansion in the computer vision market for the automotive sector.
The use of AI-based computer vision applications to analyze risks and individuals is increasing in the field of security and surveillance, pushing the acceptability of AI-based computer vision solutions in this domain. Furthermore, advancements in machine learning technology, such as intelligent cameras and digitalization, have broadened the reach of AI in the physical security market.
AI in Computer Vision Market Key Players:
Robotic Vision Technologies (US)
AMP Robotics (US)
Zivid (Norway)
Inspekto (UK)
Creative Virtual (UK)
Trivision (Denmark)
AWS (US)
Xilinx (US)
Google (US)
Facebook (US)
Basler (Germany)
Hailo (US)
GROQ (US)
CEVA, Inc. (US)
AMD (US)
Graphcore (UK)
Key Questions answered in the AI in Computer Vision Market Report are:
Key offerings:
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About Stellar Market Research
Established in 2018, Stellar Market Research is India Based consulting and advisory firm focused on helping clients to reach their business transformation objectives with advisory services and strategic business. The company’s vision is to be an integral part of the client’s business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.
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