PUBLISHER: Grand View Research | PRODUCT CODE: 1574916
PUBLISHER: Grand View Research | PRODUCT CODE: 1574916
The global vision processing unit market size was estimated at USD 2.81 billion in 2023 and is expected to grow at a CAGR of 21.1% from 2024 to 2030. Numerous factors such as proliferation of AI-driven solutions, increasing adoption of IoT devices, and demand for smart surveillance systems are primarily contributing to the growth of the VPU market. VPUs are also deployed in border security systems, where they enable advanced surveillance and monitoring capabilities, enhancing the ability to detect and respond to potential threats. In industrial automation, VPUs are used to enable machine vision systems that inspect products, monitor production lines, and control robotic systems. These processors are essential for achieving high levels of precision and efficiency in manufacturing processes, driving the market growth.
In consumer electronics devices such as smartphones, AR/VR devices, and gaming consoles, VPUs are used to deliver enhanced visual experiences. These processors enable real-time processing of complex visual effects, improving the realism and responsiveness of AR/VR applications and gaming experiences. Modern smartphones and cameras are incorporating advanced features such as AI-based photography, real-time video enhancement, and augmented reality. VPUs play a crucial role in enabling these features by providing the necessary processing power without compromising battery life.
In healthcare, VPUs are increasingly used in medical imaging equipment, such as MRI and CT scanners, to process and analyze images more quickly and accurately. This is crucial for improving diagnostic accuracy and speed, which can lead to better patient outcomes. VPUs also power portable diagnostic devices, enabling real-time analysis at the point of care. VPUs are being integrated into AI-driven health monitoring systems, which analyze visual data from sensors and cameras to monitor patients' conditions in real-time. This is essential in telemedicine, remote patient monitoring, and wearable health devices, where quick and accurate processing of visual data is essential for effective healthcare delivery.
Global Vision Processing Unit Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the global vision processing unit (VPU) market report based on fabrication process, application, vertical, and region: