AI in Computer Vision Market 2020 Latest Advancements and Growth Analysis- Intel, Qualcomm, General Electric, Apple
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Sep 30, 2020 (Market Insight Reports) —
The Global AI in Computer Vision Market Research Report 2020-2027 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.
Global AI in Computer Vision Market was valued at USD 3.32 Billion in 2018 and is projected to reach USD 68.11 Billion by 2026, growing at a CAGR of 45.64 % from 2019 to 2026.
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Top leading Companies in Global AI in Computer Vision Market are Wikitude, NVIDIA, Intel, Qualcomm, General Electric, Xilinx, Inc., Apple Inc., Alphabet, Microsoft Corporation, and Facebook and others.
The increasing adaption of artificial intelligence owing to the innovations in the technologies in the various automotive applications, business verticals, and modeling the environment such as medical image analysis are the major factors contributes to the growth of the market. In addition, the rising demand for edge computing in mobile devices and the effectiveness of artificial intelligence in the machine vision tend to propel the market growth. Furthermore, the adaption of the computer vision system in conventional and emerging applications is another factor driving the market. However, the insufficient expertise, lack of technical knowledge, and security concerns related to the cloud-based image processing are some factors expected to hamper the growth of the market.
Regional Analysis For AI in Computer Vision Market:
For a comprehensive understanding of market dynamics, the AI in Computer Vision