Computer Vision Market, Scope and overview Booming Worldwide Size, Share Opportunities | Key Player United States, Canada, and Mexico. Europe

Market Scenario:

The computer vision market is anticipated to grow by US$48,300 million by 2023 rapidly growing at a CAGR of 31.65 % during the forecast period 2017 - 2023. The global computer vision market is driven by changes in the fast-expanding automobile sector and upgradations of computer vision solutions.

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Segmentation:

The global computer vision market has been segmented based on component, end-user, and application. On the basis of components, the market for computer vision is segmented based on software and hardware. Additionally, the market on the basis of application, is segmented into face recognition, gesture recognition, and character recognition. The global market for computer vision is also covered based on the end-user segment which is further split into automotive, agriculture, consumer electronics, entertainment, and others.

Factors like integration of deep learning and artificial intelligence and fast adoption of computer vision systems support the computer vision market growth. The performance of the computer vision market has also been studied for the past and current years. Additionally, the computer vision market report provides analysis of these segments. The computer vision market segmental analysis provided in the report offers major details about the computer vision market performance and future.

Competitive Outlook:

Companies in the computer vision market are spread across the world. The computer vision market report provides major information about regional markets of North America, Europe, Asia-Pacific (APAC), and the rest of the world. The North American computer vision market has many companies across the United States, Canada, and Mexico. Europe has companies in the computer vision market across Germany, France, Spain, Italy, and the United Kingdom. A detailed analysis of the computer vision market across India, China, and Japan in the Asia-Pacific region is also presented in the report. The computer vision market of the Middle East, Africa, and other regions has also been studied by analysts. The regional analysis of the computer vision market can be found in the market research report.

Regional Analysis:

The computer vision market is supported by benefits such as high degree of accuracy and reliability. The population growth around the world and increasing demand of computer vision market-based services and products also support the market growth. However, the computer vision market growth can be affected due to lack of efficacy of the technology. The report covers all such details which will help companies in the computer vision market to strengthen their business plan and improve their product portfolio. The computer vision market research report also provides company profiles of major companies. The company profile of organizations operating in the computer vision market discusses strategies, growth plans, size, revenue, and mergers and acquisition details of top companies in the computer vision market. New entrants and established players can plan their strategies based on this data provided in the computer vision market research report.

Industry News

Cox Automotive has purchased Fyusion, a machine vision company and a pioneer in automobile and other markets across virtual car mapping technologies. In this deal, Manheim and Fyusion are working together for years to provide the latest smartphone imaging and condition capturing software for consumers in the Manheim ExpressTM App. This acquisition is now possible in Germany.

Table of Contents:

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

Continued….

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List of Tables

TABLE 1 GLOBAL COMPUTER VISION MARKET, BY COMPONENT, 2020-2027 (USD MILLION)

TABLE 2 GLOBAL COMPUTER VISION MARKET, BY APPLICATION, 2020-2027 (USD MILLION)

TABLE 3 GLOBAL COMPUTER VISION MARKET, BY VERTICAL, 2020-2027 (USD MILLION)

Continued…

List of Figures

FIGURE 1 TOP DOWN & BOTTOMUP APPROACH

FIGURE 2 FORECAST MODEL

FIGURE 3 VALUE CHAIN ANALYSIS

Continued…

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