Computer Vision Global Market Report 2025

Computer vision, a facet of AI, enables systems to extract and act upon information from visual inputs such as photos and videos.

Computer vision encompasses two primary product categories such as smart camera-based systems and PC-based systems. Smart camera-based setups, such as image verification system (IVS) cameras, conduct high-speed inspections linked directly to production lines, providing immediate inspection and production data. These systems integrate hardware and software components for both deep learning and traditional computer vision functions. They find applications in quality assurance, inspection, positioning, guidance, measurement, identification, predictive maintenance, 3D visualization, and interactive modeling across industries such as life sciences, manufacturing, defense and security, automotive, and others.

The computer vision market research report is one of a series of new reports from The Business Research Company that provides computer vision market statistics, including computer vision industry global market size, regional shares, competitors with a computer vision market share, detailed computer vision market segments, market trends and opportunities, and any further data you may need to thrive in the computer vision industry. This computer vision market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The computer vision market size has grown strongly in recent years. It will grow from $16.28 billion in 2024 to $17.89 billion in 2025 at a compound annual growth rate (CAGR) of 9.9%. The growth in the historic period can be attributed to rise in demand for automation, increased need for quality inspection and assurance, growth in surveillance and security applications, advancements in healthcare imaging, expanding applications in retail.

The computer vision market size is expected to see rapid growth in the next few years. It will grow to $32.61 billion in 2029 at a compound annual growth rate (CAGR) of 16.2%. The growth in the forecast period can be attributed to integration with autonomous vehicles, rapid growth in augmented reality (AR) and virtual reality (VR), expansion in agriculture and agtech, increased adoption in smart cities, growing role in human-computer interaction. Major trends in the forecast period include industrial automation utilizing vision systems, advancements in 3D computer vision, privacy and ethical considerations, cross-industry collaboration for innovation, integration with IoT for smart applications.

The growing demand for artificial intelligence (AI) is expected to drive the expansion of the computer vision market in the future. AI encompasses the science and engineering of creating intelligent machines, particularly intelligent computer programs. In the realm of computer vision, AI enables computers and systems to extract valuable information from digital images, videos, and other visual inputs, providing recommendations based on this data. As a result, the rising demand for AI is fueling the growth of the computer vision market. For example, in May 2022, the International Business Machines Corporation (IBM), a U.S.-based technology company, reported that 35% of businesses worldwide utilized AI in 2022, representing a 4% increase from 2021. Additionally, there was a 13% rise in organizations adopting AI in 2022 compared to the previous year. Thus, the increasing demand for artificial intelligence is propelling the growth of the computer vision market.

The increasing digitalization in the retail industry is projected to drive the growth of the computer vision market in the future. Digitalization in this sector involves the adoption of digital technologies throughout business processes to enhance efficiency, customer satisfaction, and support. This encompasses the use of emerging retail technologies, such as cashier-less checkout, AI, data analytics, cloud computing, big data, IoT, mobility, and social media, to create Digital Experience Platforms (DXP). In retail, computer vision facilitates real-time, automated tracking of items on shelves, resulting in improved inventory management, reduced out-of-stock occurrences, and enhanced customer experiences through personalized services and seamless shopping experiences. For instance, in November 2023, the International Trade Administration (ITA), a U.S. agency within the Department of Commerce that promotes exports of non-agricultural U.S. goods and services, reported that eCommerce revenues in the UK are anticipated to grow at an annual average rate of 12.6% by 2025, reaching a total market value of approximately $285.60 billion. Therefore, the growing digitalization in the retail sector is propelling the growth of the computer vision market.

Technological advancement stands as a prominent trend in the computer vision market. Major players in this sector are dedicated to pioneering new technologies to maintain their competitive edge. For instance, in January 2022, Amazon Web Services, Inc., a leading US-based provider of cloud computing platforms, introduced AWS Panorama. This software development kit (SDK), launched in the Asia-Pacific region, enhances operations through computer vision (CV). AWS Panorama comprises an SDK and machine learning (ML) devices designed to integrate CV capabilities into on-premises internet protocol (IP) cameras. This technology proves beneficial for businesses, enabling the automation of visual inspection tasks such as assessing manufacturing quality, identifying bottlenecks in industrial processes, and ensuring worker safety within their facilities. The launch of AWS Panorama exemplifies the industry's commitment to advancing computer vision technology to meet the evolving needs of various sectors.

Prominent firms in the computer vision sector are pioneering cutting-edge products such as automotive vision systems. These systems leverage advanced visual technologies, such as computer vision and machine vision, to facilitate functionalities such as object and pedestrian detection, collision warning systems, and emergency braking for ADAS (Advanced Driver Assistance Systems) in addition to enabling autonomous driving. For example, in March 2023, Texas Instruments, a leading semiconductor manufacturer in the US, launched a new suite of six Arm Cortex-based vision processors, including the AM62A, AM68A, and AM69A. These processors are specifically designed to elevate computer vision solutions by allowing designers to seamlessly integrate more robust vision and artificial intelligence (AI) processing capabilities at a reduced cost and heightened energy efficiency. This technology is particularly beneficial for applications such as video doorbells, machine vision, and autonomous mobile robots.

In May 2022, BeMyEye Holdings Ltd., a UK company offering AI and retail execution management solutions, successfully acquired Metaliquid Srl for an undisclosed sum. This strategic acquisition is anticipated to empower BeMyEye's clientele to enhance their retail sales performance on a broader scale. Metaliquid Srl, headquartered in Italy, specializes in computer vision technology utilizing deep-learning algorithms for audio and video analysis.

Major companies operating in the computer vision market include Microsoft Corporation, Sony Semiconductor Solutions Corporation, Intel Corporation, Texas Instruments Incorporated, MediaTek Inc., Omron Corporation, Keyence Corporation, Teledyne Technologies Incorporated., Synopsys Inc., Cadence Design Systems Inc., SAS Institute, National Instruments Corporation, Cognex Corporation, Magic Leap One, Veritone, Inc, Matterport Inc., CEVA Inc., Evolv Technology, Orbital Insight, Descartes Labs, Sight Machine Inc., AiFi INC., JAI A/S., Aila Technologies, Radar Inc, Streem, Piaggio Fast Forward, Baumer Holding AG, Iterative Health, Trax Technology Solutions PTE Ltd

Asia-Pacific was the largest region in the computer vision market in 2024. North America is expected to be the fastest-growing region in the global computer vision market during the forecast period. The regions covered in the computer vision market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the computer vision market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The computer vision market consists of revenues earned by entities by providing services such as object detection, edge detection, and facial recognition. The market value includes the value of related goods sold by the service provider or included within the service offering. The computer vision market also includes sales of lighting, lens, image sensor, vision processing, and communication systems, which are used in providing computer vision services. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Computer Vision Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on computer vision market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for computer vision ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The computer vision market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include:

The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.

• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

• Markets Covered:1) By Product: Smart Camera-Based Computer Vision Systems; PC-Based Computer Vision Systems
• 2) By Component: Hardware; Software
• 3) By Offering: Deep Learning; Traditional Computer Vision
• 4) By Application: Quality Assurance And Inspection; Positioning And Guidance; Measurement; Identification; Predictive Maintenance; 3D Visualization And Interactive 3D Modelling
• 5) By End-User Industry: Life Science; Manufacturing; Defense And Security; Automotive; Other End User Industries
• Subsegments:
• 1) By Smart Camera-Based Computer Vision Systems: Embedded Smart Cameras; Industrial Smart Cameras; IoT-Enabled Smart Cameras
• 2) By PC-Based Computer Vision Systems: Software-Based Solutions; Hardware-Accelerated Systems; Custom PC Configurations For Vision Processing
• Companies Mentioned: Microsoft Corporation; Sony Semiconductor Solutions Corporation; Intel Corporation; Texas Instruments Incorporated; MediaTek Inc.
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
• Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
• Delivery format: PDF, Word and Excel Data Dashboard.