Global Computer Vision Market, By Component (Hardware, Software) By Application (Face Recognition, Gesture Recognition, and Character Recognition) End User (Automotive, Agriculture, Healthcare, Entertainment and Others) opportunities and forecast 2020-2027
Computer Vision Market Overview
The growth in computer vision market is accredited to advancements in the smart camera technology and the IoT, and growing penetration of the smart camera-based systems. The smart camera-based computer vision systems are profitable, compact and cost effective, flexible; thus, becomes easier to implement the changes in these systems created on the basis of revised regulations and the standards. Major factors propelling the market growth are increasing need for the automation and quality inspection growing demand for the vision-guided robotic systems, growing demand for the application- definite computer vision systems.
With COVID-19, the world is fighting health pandemic as well as economic pandemic, impacting almost trillions of dollars of the revenues. Most of the market currently are experiencing low demand and supply chain disruption due to the pandemic. The year started as a good opportunity for the businesses, however, the pandemic has caused severe damages to import, export and hence on the demand and supply of the Components. The effect is expected to be long term and will affect the developing economies specially for many years. As a result, the economies are expected to be affected adversely leading to layoffs and hence further lower demand for the products due to lack of money flow.
Although many of the markets are affected negatively, few markets such as online conference, food delivery apps and others have experienced significant increase in the order intake in the last few months. The markets are expected to show positive growth from mid-2021. The market report will include the detailed analysis of the COVID on the computer vision market and various other factors such as economic impact, demand and supply etc.
Computer Vision Market Segment Overview
The automotive industry is among the early adopters of the computer vision systems and the continues to hold largest share of computer vision market among various other industries in industrial vertical. Automation is extensively used for accumulating vehicles in the industry; hence, adoption of systems is high contributing to growth of computer vision market for automotive industry.
Global computer vision market is segmented by Component, Application and geography. Based on Component, global computer vision market is segmented into Hardware and Software. Growing commercialization and industrialization have created demand for the professional and skilled labour in turn propelling the demand for the market. Globally, adoption of computer vision is presenting tremendous growth in the upcoming years. Similarly based on application the market is being segmented into Face Recognition, Gesture Recognition, Character Recognition, application 4 and others. Increasing demand and increasing end use application are expected to propel the market growth for global computer vision market in the coming years.
The report will include the in-depth analysis of each segment and geography to provide proper structure of the market and future growth opportunities to the market players, stakeholders, start-ups and others so that they can reform their strategies accordingly.
Computer Vision Regional Overview
The computer vision market, by region, has been segmented as Asia-Pacific, Europe, North America, and the rest of the world. The North America accounted for the largest market share in 2019, the market is likely to register CAGR of XX% during forecast period. Europe was second-largest market in 2019, the market is expected to register considerable CAGR. However, market in Asia-Pacific was anticipated to register highest CAGR. North America is likely to dominate global market in terms of share during the forecast period owing to technological advancements and well-developed economy of the country. Among North American countries, U.S. accounts for largest market share owing to growing investments in various sector, followed by the Canada and Mexico.
Computer Vision Market Competitor overview
Cognex Corporation holds strong position in global computer vision market owed to strong employee base and the global presence, with offices and the distributors located throughout Europe, the Americas, and Asia. The company has its production units in U.S. and Europe. It emphases on expanding position as computer vision provider in the different markets by acquiring the business and technologies; for example, Cognex has acquired company named AQSense, and Chiaro, and EnShape to enhance portfolio products. Company has also acquired the company named ViDi Systems SA to expand its portfolio of computer vision software in Australia.
The computer vision Market is consolidated in nature with few major players commanding the major market share of the computer vision Market. Continuous advancements, innovative Components and mergers and such strategies were being used by these players to gain the market share. The report will provide exhaustive information about the top players and their revenue and strategies in the market. The report will also include recent development and other strategical move used by the players to enhance their market share in particular economy or Component segments.
Key Players
Cognex Corporation
Basler
Omron Corporation
KEYENCE CORPORATION
National Instruments
Sony Corporation
Teledyne Technologies, Inc.
Allied Vision Technologies
Texas Instruments, Inc.
Intel Corporation
Baumer Optronic
JAI A/S
MediaTek, Inc.
Cadence Design Systems, Inc.
CEVA, Inc.
Synopsys, Inc.
Computer Vision Market Segmentation
By Component
Hardware
Software
By Application
Face Recognition
Gesture Recognition
Character Recognition
By End User
Automotive
Agriculture
Healthcare
Entertainment
Others
By Geography
North America
US
Canada
Europe
UK
Germany
France
Italy
Spain
Rest of Europe
Asia-Pacific
Japan
China
India
Australia
South Korea
Rest of Asia-Pacific
South America
Brazil
Argentina
Rest of South America
Middle East and Africa
GCC
South Africa
Rest of Middle East and Africa
COMPUTER VISION MARKET STUDY GLOBAL MARKET ANALYSIS, INSIGHTS AND FORECAST, 2020-2027
1. Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
4. Key Insights
4.1. Key Emerging Trends – For Major Countries
4.2. Latest Technological Advancement
4.3. Regulatory Landscape
4.4. Industry SWOT Analysis
4.5. Porters Five Forces Analysis
5. Global Computer Vision Market Analysis (USD Billion), Insights and Forecast, 2016-2027
5.1. Key Findings / Summary
5.2. Market Analysis, Insights and Forecast – By Segment 1
5.2.1. Sub-Segment 1
5.2.2. Sub-Segment 2
5.3. Market Analysis, Insights and Forecast – By Segment 2
5.3.1. Sub-Segment 1
5.3.2. Sub-Segment 2
5.3.3. Sub-Segment 3
5.3.4. Others
5.4. Market Analysis, Insights and Forecast – By Segment 3
5.4.1. Sub-Segment 1
5.4.2. Sub-Segment 2
5.4.3. Sub-Segment 3
5.4.4. Others
5.5. Market Analysis, Insights and Forecast – By Region
5.5.1. North America
5.5.2. Latin America
5.5.3. Europe
5.5.4. Asia Pacific
5.5.5. Middle East and Africa
6. North America Computer Vision Market Analysis (USD Billion), Insights and Forecast, 2016-2027
6.1. Key Findings / Summary
6.2. Market Analysis, Insights and Forecast – By Segment 1
6.2.1. Sub-Segment 1
6.2.2. Sub-Segment 2
6.3. Market Analysis, Insights and Forecast – By Segment 2
6.3.1. Sub-Segment 1
6.3.2. Sub-Segment 2
6.3.3. Sub-Segment 3
6.3.4. Others
6.4. Market Analysis, Insights and Forecast – By Segment 3
6.4.1. Sub-Segment 1
6.4.2. Sub-Segment 2
6.4.3. Sub-Segment 3
6.4.4. Others
6.5. Market Analysis, Insights and Forecast – By Country
6.5.1. U.S.
6.5.2. Canada
7. Latin America Computer Vision Market Analysis (USD Billion), Insights and Forecast, 2016-2027
7.1. Key Findings / Summary
7.2. Market Analysis, Insights and Forecast – By Segment 1
7.2.1. Sub-Segment 1
7.2.2. Sub-Segment 2
7.3. Market Analysis, Insights and Forecast – By Segment 2
7.3.1. Sub-Segment 1
7.3.2. Sub-Segment 2
7.3.3. Sub-Segment 3
7.3.4. Others
7.4. Market Analysis, Insights and Forecast – By Segment 3
7.4.1. Sub-Segment 1
7.4.2. Sub-Segment 2
7.4.3. Sub-Segment 3
7.4.4. Others
7.5. Insights and Forecast – By Country
7.5.1. Brazil
7.5.2. Mexico
7.5.3. Rest of Latin America
8. Europe Computer Vision Market Analysis (USD Billion), Insights and Forecast, 2016-2027
8.1. Key Findings / Summary
8.2. Market Analysis, Insights and Forecast – By Segment 1
8.2.1. Sub-Segment 1
8.2.2. Sub-Segment 2
8.3. Market Analysis, Insights and Forecast – By Segment 2
8.3.1. Sub-Segment 1
8.3.2. Sub-Segment 2
8.3.3. Sub-Segment 3
8.3.4. Others
8.4. Market Analysis, Insights and Forecast – By Segment 3
8.4.1. Sub-Segment 1
8.4.2. Sub-Segment 2
8.4.3. Sub-Segment 3
8.4.4. Others
8.5. Market Analysis, Insights and Forecast – By Country
8.5.1. UK
8.5.2. Germany
8.5.3. France
8.5.4. Italy
8.5.5. Spain
8.5.6. Russia
8.5.7. Rest of Europe
9. Asia Pacific Computer Vision Market Analysis (USD Billion), Insights and Forecast, 2016-2027
9.1. Key Findings / Summary
9.2. Market Analysis, Insights and Forecast – By Segment 1
9.2.1. Sub-Segment 1
9.2.2. Sub-Segment 2
9.3. Market Analysis, Insights and Forecast – By Segment 2
9.3.1. Sub-Segment 1
9.3.2. Sub-Segment 2
9.3.3. Sub-Segment 3
9.3.4. Others
9.4. Market Analysis, Insights and Forecast – By Segment 3
9.4.1. Sub-Segment 1
9.4.2. Sub-Segment 2
9.4.3. Sub-Segment 3
9.4.4. Others
9.5. Market Analysis, Insights and Forecast – By Country
9.5.1. China
9.5.2. India
9.5.3. Japan
9.5.4. Australia
9.5.5. South East Asia
9.5.6. Rest of Asia Pacific
10. Middle East & Africa Computer Vision Market Analysis (USD Billion), Insights and Forecast, 2016-2027
10.1. Key Findings / Summary
10.2. Market Analysis, Insights and Forecast – By Segment 1
10.2.1. Sub-Segment 1
10.2.2. Sub-Segment 2
10.3. Market Analysis, Insights and Forecast – By Segment 2
10.3.1. Sub-Segment 1
10.3.2. Sub-Segment 2
10.3.3. Sub-Segment 3
10.3.4. Others
10.4. Market Analysis, Insights and Forecast – By Segment 3
10.4.1. Sub-Segment 1
10.4.2. Sub-Segment 2
10.4.3. Sub-Segment 3
10.4.4. Others
10.5. Market Analysis, Insights and Forecast – By Country
10.5.1. GCC
10.5.2. South Africa
10.5.3. Rest of Middle East & Africa
11. Competitive Analysis
11.1. Company Market Share Analysis, 2018
11.2. Key Industry Developments
11.3. Company Profile
11.3.1. Company 1
11.3.1.1. Business Overview
11.3.1.2. Segment 1 & Service Offering
11.3.1.3. Overall Revenue
11.3.1.4. Geographic Presence
11.3.1.5. Recent Development
*Similar details will be provided for the following companies
11.3.2. Company 2
11.3.3. Company 3
11.3.4. Company 4
11.3.5. Company 5
11.3.6. Company 6
11.3.7. Company 7
11.3.8. Company 8
11.3.9. Company 9
11.3.10. Company 10
11.3.11. Company 11
11.3.12. Company 12
List of Figures
Figure 1: Global Computer Vision Market Revenue Breakdown (USD Billion, %) by Region, 2019 & 2027
Figure 2: Global Computer Vision Market Value Share (%), By Segment 1, 2019 & 2027
Figure 3: Global Computer Vision Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 4: Global Computer Vision Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 5: Global Computer Vision Market Value Share (%), By Segment 2, 2019 & 2027
Figure 6: Global Computer Vision Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 7: Global Computer Vision Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 8: Global Computer Vision Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 9: Global Computer Vision Market Forecast (USD Billion), by Others, 2016-2027
Figure 10: Global Computer Vision Market Value Share (%), By Segment 3, 2019 & 2027
Figure 11: Global Computer Vision Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 12: Global Computer Vision Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 13: Global Computer Vision Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 14: Global Computer Vision Market Forecast (USD Billion), by Others, 2016-2027
Figure 15: Global Computer Vision Market Value (USD Billion), by Region, 2019 & 2027
Figure 16: North America Computer Vision Market Value Share (%), By Segment 1, 2019 & 2027
Figure 17: North America Computer Vision Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 18: North America Computer Vision Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 19: North America Computer Vision Market Value Share (%), By Segment 2, 2019 & 2027
Figure 20: North America Computer Vision Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 21: North America Computer Vision Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 22: North America Computer Vision Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 23: North America Computer Vision Market Forecast (USD Billion), by Others, 2016-2027
Figure 24: North America Computer Vision Market Value Share (%), By Segment 3, 2019 & 2027
Figure 25: North America Computer Vision Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 26: North America Computer Vision Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 27: North America Computer Vision Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 28: North America Computer Vision Market Forecast (USD Billion), by Others, 2016-2027
Figure 29: North America Computer Vision Market Forecast (USD Billion), by U.S., 2016-2027
Figure 30: North America Computer Vision Market Forecast (USD Billion), by Canada, 2016-2027
Figure 31: Latin America Computer Vision Market Value Share (%), By Segment 1, 2019 & 2027
Figure 32: Latin America Computer Vision Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 33: Latin America Computer Vision Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 34: Latin America Computer Vision Market Value Share (%), By Segment 2, 2019 & 2027
Figure 35: Latin America Computer Vision Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 36: Latin America Computer Vision Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 37: Latin America Computer Vision Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 38: Latin America Computer Vision Market Forecast (USD Billion), by Others, 2016-2027
Figure 39: Latin America Computer Vision Market Value Share (%), By Segment 3, 2019 & 2027
Figure 40: Latin America Computer Vision Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 41: Latin America Computer Vision Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 42: Latin America Computer Vision Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 43: Latin America Computer Vision Market Forecast (USD Billion), by Others, 2016-2027
Figure 44: Latin America Computer Vision Market Forecast (USD Billion), by Brazil, 2016-2027
Figure 45: Latin America Computer Vision Market Forecast (USD Billion), by Mexico, 2016-2027
Figure 46: Latin America Computer Vision Market Forecast (USD Billion), by Rest of Latin America, 2016-2027
Figure 47: Europe Computer Vision Market Value Share (%), By Segment 1, 2019 & 2027
Figure 48: Europe Computer Vision Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 49: Europe Computer Vision Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 50: Europe Computer Vision Market Value Share (%), By Segment 2, 2019 & 2027
Figure 51: Europe Computer Vision Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 52: Europe Computer Vision Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 53: Europe Computer Vision Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 54: Europe Computer Vision Market Forecast (USD Billion), by Others, 2016-2027
Figure 55: Europe Computer Vision Market Value Share (%), By Segment 3, 2019 & 2027
Figure 56: Europe Computer Vision Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 57: Europe Computer Vision Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 58: Europe Computer Vision Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 59: Europe Computer Vision Market Forecast (USD Billion), by Others, 2016-2027
Figure 60: Europe Computer Vision Market Forecast (USD Billion), by U.K., 2016-2027
Figure 61: Europe Computer Vision Market Forecast (USD Billion), by Germany, 2016-2027
Figure 62: Europe Computer Vision Market Forecast (USD Billion), by France, 2016-2027
Figure 63: Europe Computer Vision Market Forecast (USD Billion), by Italy, 2016-2027
Figure 64: Europe Computer Vision Market Forecast (USD Billion), by Spain, 2016-2027
Figure 65: Europe Computer Vision Market Forecast (USD Billion), by Russia, 2016-2027
Figure 66: Europe Computer Vision Market Forecast (USD Billion), by Rest of Europe, 2016-2027
Figure 67: Asia Pacific Computer Vision Market Value Share (%), By Segment 1, 2019 & 2027
Figure 68: Asia Pacific Computer Vision Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 69: Asia Pacific Computer Vision Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 70: Asia Pacific Computer Vision Market Value Share (%), By Segment 2, 2019 & 2027
Figure 71: Asia Pacific Computer Vision Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 72: Asia Pacific Computer Vision Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 73: Asia Pacific Computer Vision Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 74: Asia Pacific Computer Vision Market Forecast (USD Billion), by Others, 2016-2027
Figure 75: Asia Pacific Computer Vision Market Value Share (%), By Segment 3, 2019 & 2027
Figure 76: Asia Pacific Computer Vision Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 77: Asia Pacific Computer Vision Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 78: Asia Pacific Computer Vision Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 79: Asia Pacific Computer Vision Market Forecast (USD Billion), by Others, 2016-2027
Figure 80: Asia Pacific Computer Vision Market Forecast (USD Billion), by China, 2016-2027
Figure 81: Asia Pacific Computer Vision Market Forecast (USD Billion), by India, 2016-2027
Figure 82: Asia Pacific Computer Vision Market Forecast (USD Billion), by Japan, 2016-2027
Figure 83: Asia Pacific Computer Vision Market Forecast (USD Billion), by Australia, 2016-2027
Figure 84: Asia Pacific Computer Vision Market Forecast (USD Billion), by Southeast Asia, 2016-2027
Figure 85: Asia Pacific Computer Vision Market Forecast (USD Billion), by Rest of Asia Pacific, 2016-2027
Figure 86: Middle East & Africa Computer Vision Market Value Share (%), By Segment 1, 2019 & 2027
Figure 87: Middle East & Africa Computer Vision Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 88: Middle East & Africa Computer Vision Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 89: Middle East & Africa Computer Vision Market Value Share (%), By Segment 2, 2019 & 2027
Figure 90: Middle East & Africa Computer Vision Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 91: Middle East & Africa Computer Vision Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 92: Middle East & Africa Computer Vision Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 93: Middle East & Africa Computer Vision Market Forecast (USD Billion), by Others, 2016-2027
Figure 94: Middle East & Africa Computer Vision Market Value Share (%), By Segment 3, 2019 & 2027
Figure 95: Middle East & Africa Computer Vision Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 96: Middle East & Africa Computer Vision Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 97: Middle East & Africa Computer Vision Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 98: Middle East & Africa Computer Vision Market Forecast (USD Billion), by Others, 2016-2027
Figure 99: Middle East & Africa Computer Vision Market Forecast (USD Billion), by GCC, 2016-2027
Figure 100: Middle East & Africa Computer Vision Market Forecast (USD Billion), by South Africa, 2016-2027
Figure 101: Middle East & Africa Computer Vision Market Forecast (USD Billion), by Rest of Middle East & Africa, 2016-2027
List of Tables
Table 1: Global Computer Vision Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 2: Global Computer Vision Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 3: Global Computer Vision Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 4: Global Computer Vision Market Revenue (USD Billion) Forecast, by Region, 2016-2027
Table 5: North America Computer Vision Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 6: North America Computer Vision Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 7: North America Computer Vision Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 8: North America Computer Vision Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 9: Europe Computer Vision Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 10: Europe Computer Vision Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 11: Europe Computer Vision Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 12: Europe Computer Vision Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 13: Latin America Computer Vision Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 14: Latin America Computer Vision Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 15: Latin America Computer Vision Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 16: Latin America Computer Vision Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 17: Asia Pacific Computer Vision Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 18: Asia Pacific Computer Vision Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 19: Asia Pacific Computer Vision Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 20: Asia Pacific Computer Vision Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 21: Middle East & Africa Computer Vision Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 22: Middle East & Africa Computer Vision Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 23: Middle East & Africa Computer Vision Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 24: Middle East & Africa Computer Vision Market Revenue (USD Billion) Forecast, by Country, 2016-2027
