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Visual Computing Market Trends

  • Report ID: GMI9325
  • Published Date: May 2024
  • Report Format: PDF

Visual Computing Market Trends

The analysis, enhancement, and manipulation of images and videos is being revolutionized by AI-driven image processing, which is changing the visual computing landscape. This concept entails optimizing and automating image processing activities including object detection, content creation, segmentation, and image recognition by integrating machine learning techniques and artificial intelligence (AI) into image processing pipelines. Compared to conventional techniques, AI-driven image processing solutions have several benefits, such as increased accuracy, speed, and scalability. By evaluating medical imaging like X-rays, MRIs, and CT scans, AI algorithms are improving diagnostic efficiency and accuracy.
 

In the entertainment and media industry, AI-driven image processing is transforming content creation and production workflows. Deep learning algorithms can produce realistic visual effects, improving the quality of images and automating time-consuming processes like video editing and color grading. It is anticipated that the incorporation of AI into image processing workflows will keep propelling growth and innovation in the visual computing industry, opening new opportunities and efficiency for companies in a range of industries.

Authors: Suraj Gujar, Sandeep Ugale

Frequently Asked Questions (FAQ) :

The market valuation of visual computing was reached USD 36.5 billion in 2023 and is estimated to cross USD 238 billion by 2032, owing to the growing adoption of visual data analytics.

The interactive kiosk segment in the visual computing industry is expected to register over 24.5% CAGR during 2024 to 2032, driven by various visual computing technologies like touchscreens, gesture recognition, facial recognition, AR & VR to deliver immersive and intuitive user experiences.

North America visual computing market accounted for over 38% revenue share in 2023, due to increasing government investment programs and innovation in cutting-edge fields like computer vision, ML, & AI.

Advanced Micro Devices, Inc., ARM Ltd., Assert AI, Biodigital, Inc., CoreWeave , Cubix Corporation, Exxact Corporation, Imagination Technologies Limited, Intel Corporation, Matrox, Nvidia Corporation, Softkinetic and Sony Group Corporation

Visual Computing Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 13
  • Tables & Figures: 285
  • Countries covered: 21
  • Pages: 210
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