The globalĀ computer vision marketĀ is expected to increase from US$ 12.91 Billion in 2023 to US$ 26.11 Billion by 2033, representing a CAGR of 7.3%. The market is defined as the industry that is equipped with machine learning and deep learning algorithm enabling machines to interpret visual data. The increasing adoption of automation in manufacturing and …
Tag Archives: Computer Vision Market trends
Computer Vision Market Grows to $12.91 Billion in 2023, North America Leading with $15.81 Billion Projection by 2026
The Computer Vision Market is set for substantial growth, with the market size projected to reach a value of US$ 12.91 billion in 2023 and is anticipated to surge to US$ 26.11 billion by 2033. This robust expansion is expected to be underpinned by a significant Compound Annual Growth Rate (CAGR) of 7.3% during the …