The total market for computer vision hardware, software, and services will grow from $1.1 billion in 2016 to $26.2 billion by 2025

NEW YORK, March 7, 2018 /PRNewswire/ -- Read the full report: https://www.reportlinker.com/p03902153



The computer vision market continues to gain momentum. Cameras in mobile devices and cameras added to consumer, commercial, and industrial products are being leveraged.

Software algorithms for computer vision are improving. Deep learning and convolutional neural networks (CNNs) are continuing to evolve to leverage large amounts of visual information. Furthermore, computer vision's application to video, and not just static images, is expanding its real-world utility.

Across the value chain, there are large intellectual property (IP), semiconductor, hardware, software vendors, and system integrators that are well known for their computer vision-related products and services. There also exists a long tail of smaller companies and startups that are not well-known globally, some of which remain busy enough with business in their home countries that they have no immediate plans to expand globally.

The flashier applications continue to dominate major news headlines, as usual. Virtual reality (VR) and augmented reality (AR), drones, and robotics are typical areas that receive both industry media and mass consumer media coverage. Some applications that are widely used in the consumer space, such as the modifications and additions to photos and videos taken with front-facing cameras (selfies), use computer vision to identify key facial features and track them as they move.

Computer vision applied to security cameras is quickly becoming one of the more ubiquitous applications of the technology in the civil, commercial, and consumer realms. Tractica forecasts that the total market for computer vision hardware, software, and services will grow from $1.1 billion in 2016 to $26.2 billion by 2025.

This Tractica report examines the market dynamics, technology issues, and business opportunities surrounding computer vision technologies and provides market forecasts for computer vision hardware and software during the period from 2016 through 2025. 28 application markets are analyzed in depth, and 35 key industry players are profiled. Market forecasts, segmented by world region and application market, include hardware, software, and services revenue.

Key Questions Addressed:
- How has the computer vision market evolved over the past year?
- What are some of the key technology issues surrounding computer vision, and what are some of the new technologies being developed?
- How do computer vision applications and business models vary depending on the application market?
- Which application areas will be the fastest-growing markets for computer vision systems?
- Who are the key players in the computer vision market, and what are their relative strengths and weaknesses?
- What is the revenue mix across software, hardware, and services for computer vision?
- What are the trends across market segments and industries over the next 7 years?

Who Needs This Report?
- Computer vision technology companies
- Mobile device manufacturers
- Consumer electronics companies
- Industrial automation and robotics companies
- Medical device manufacturers
- Automotive manufacturers
- Semiconductor and component vendors
- Semiconductor and component vendors
- Semiconductor and component vendors
- Investor community

Read the full report: https://www.reportlinker.com/p03902153

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