Home > Media & Technology > Information Technology > Tech Infrastructure > Computer Vision Systems Market

Computer Vision Systems Market Share

Report ID: GMI5479
Published Date: Sep 2024
Report Format: PDF

Download Free Sample

Computer Vision Systems Market Share

The major players operating in the computer vision systems market are:

Microsoft Corporation
NVIDIA Corporation
Intel Corporation
IBM Corporation
Teledyne Technologies
Alphabet Inc. (Google)
Qualcomm Incorporated

Microsoft Corporation, NVIDIA Corporation, and Intel Corporation collectively hold a significant market share of around 16% in the Computer Vision Systems Market. These companies invest heavily in research and development, driving innovations in computer vision technologies. They leverage strategic partnerships with various industry stakeholders to expand their market presence. Their extensive distribution networks ensure the widespread availability of their solutions across different regions.

Additionally, they are integrating advanced AI and machine learning technologies into their computer vision systems to enhance image processing, object detection, and real-time analytics, further strengthening their market leadership.

Authors: Preeti Wadhwani, Satyam Jaiswal

Frequently Asked Questions (FAQ) :

The market size of computer vision systems reached USD 15.9 billion in 2023 and is set to register over 18% CAGR between 2024 and 2032, due to the increasing demand for automation across various industries.

The cloud-based segment held over 53% revenue share in 2023, due to its scalability, flexibility, and cost-effectiveness.

North America market accounted for 32% revenue share in 2023, due to its strong technological infrastructure and innovative ecosystem.

Microsoft Corporation, NVIDIA Corporation, Intel Corporation, IBM Corporation, Teledyne Technologies, Alphabet Inc. (Google), and Qualcomm Incorporated.