According to a new report, published by KBV research, The Global AI Vision Market size is expected to reach USD 85.53 billion by 2032, rising at a market growth of 23.8% CAGR during the forecast period.
As computing hardware advanced, and algorithms improved, the 1980s and 1990s saw important developments: texture, color, depth perception, and stereo vision techniques began to emerge. These allowed computers to start understanding more complex aspects of images, beyond simple geometry. However, the real turning point came in the 2010s with the rise of deep learning. Convolutional Neural Networks (CNNs) significantly outperformed older methods on tasks like image classification, object detection, and scene understanding. This leap in capability opened the door to real-world, large-scale applications.
The Machine Learning segment dominated the Global AI Vision Market by Technology in 2024, growing at a CAGR of 23.5 % during the forecast period. The machine learning segment holds a major position in the AI vision market as organizations increasingly rely on advanced algorithms to process large volumes of visual data with high accuracy and speed. Machine learning models are widely integrated into industrial automation, quality inspection, healthcare imaging, retail analytics, and security monitoring systems, enabling precise pattern recognition and real-time decision-making.
The Consumer Electronics segment is leading the Global AI Vision Market by Vertical in 2024; thereby, achieving a market value of $16.04 billion by 2032. The consumer electronics segment represents a major area of adoption for AI vision technologies, driven by increasing integration of intelligent imaging features into smartphones, smart home devices, cameras, wearables, and personal entertainment products. Manufacturers use AI vision to enhance camera quality, enable facial recognition, support gesture-based interactions, and improve device personalization. Smart TVs, home assistants, augmented reality headsets, and next-generation gaming devices all rely on advanced visual processing to deliver immersive and intuitive user experiences.
The Hardware segment is generating maximum revenue share in the Global AI Vision Market by Component in 2024, growing at a CAGR of 23.2 % during the forecast period. The hardware segment forms a foundational part of the AI vision market, driven by the increasing demand for high-performance processors, advanced sensors, edge devices, and imaging components. Cameras, GPUs, accelerators, embedded vision modules, and edge-AI hardware play a critical role in enabling reliable, real-time visual data processing across industries such as manufacturing, automotive, healthcare, and retail. Continuous advancements in chip architectures, optical systems, and edge-computing devices allow organizations to execute complex computer vision workloads locally, reducing latency and improving operational responsiveness.
Full Report: https://www.kbvresearch.com/ai-vision-market/
The North America region dominated the Global AI Vision Market by Region in 2024, and would continue to be a dominant market till 2032; thereby, achieving a market value of $27.67 billion by 2032. The Asia Pacific region is experiencing a CAGR of 24.3% during (2025 - 2032). Additionally, The Europe region would exhibit a CAGR of 23.3% during (2025 - 2032).
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