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Computer vision is an artificial intelligence discipline that teaches computers to analyze and comprehend images. Systems can properly recognize and categorize entities incorporating digital pictures from cameras and webcams, as well as deep neural network models, and then respond to what they detect.
AI in Computer Vision Market Scope:
Top-down and bottom-up methodologies are used to validate market size and estimate market size by segment. The market estimates in the report are based on the sale price (excluding any discounts provided by the manufacturer, distributor, wholesaler, or traders). The weights assigned to each segment based on their utilization rate and average sale price are used to calculate the percentage splits, market shares, and segment breakdowns. The country-wise splits of the overall market and its sub-segments are calculated using the percentage adoption or usage of the given market Size in the corresponding area or nation.
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AI in Computer Vision Market Overview:
The AI in Computer Vision market report provides a comprehensive view of the competition, including market share and company profiles of the major players in the global industry. The scope of the research includes a thorough examination of the AI in Computer Vision Market, as well as the reasons for variations in the industry's growth in a variety of areas.
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.
Key Players:
Primary and secondary research are used to identify market leaders, while primary and secondary research are used to determine market revenue. Secondary research included a review of the annual and financial reports of the leading manufacturers, while primary research included in-depth interviews with key opinion leaders and industry specialists such as experienced front-line personnel, CEOs, and marketing executives. Secondary sources are used to compute percentage splits, market shares, growth rates, and global market breakdowns, which are then verified using primary sources.
The biggest players in the AI in Computer Vision market are as follows:
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)
Regional Analysis:
Individual market influencing components and changes in market legislation affecting current and future market trends are also covered in the regional overview of the AI in Computer Vision market study. Current and future trends are studied in order to assess the overall market potential and identify profitable patterns in order to gain a stronger footing. The geographical market assessment is based on the current environment and expected trends.
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COVID-19 Impact Analysis on AI in Computer Vision Market:
End-user sectors where AI in Computer Vision are used experienced a drop in growth from January 2020 to May 2020 in a number of countries, including China, Italy, Germany, the United Kingdom, and the United States, as well as Spain, France, and India, due to a pause in operations. This resulted in a significant drop in revenue for firms in these industries, as well as in demand for AI in Computer Vision manufacturers, affecting the AI in Computer Vision market's growth in 2020. End-user business demand for AI in Computer Vision has plummeted as a result of lockdowns and an increase in COVID-19 occurrences around the world.
Key Questions Answered in the AI in Computer Vision Market Report are:
- In 2021, which segment accounted for the most share of the AI in Computer Vision market?
- What is the competitive landscape of the AI in Computer Vision market?
- What are the key factors influencing AI in Computer Vision market growth?
- In the AI in Computer Vision market, which region has the most market share?
- What will be the CAGR of the AI in Computer Vision market during the forecast period (2022-2027)?
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