The Computer Vision Market is Predict to reach USD 79.80 Billion by 2032, at a CAGR of 19.3%

Computer Vision Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Computer Vision Market size is expected to reach USD 79.80 billion by 2032, rising at a market growth of 19.3% CAGR during the forecast period.

Computer vision is the branch of artificial intelligence that enables machines to acquire, process, and interpret images and video so they can extract actionable information — from identifying objects and reading text to estimating depth and tracking motion. Industry OEMs have long packaged computer-vision functionality into toolkits, APIs and hardware accelerators so enterprises can build use cases that range from factory inspection and retail analytics to autonomous vehicles and medical imaging.

The Smart Camera-Based Computer Vision System segment is leading the Global Computer Vision Market by Product in 2024; thereby, achieving a market value of $41.24 billion by 2032. This system formed a vital part of the market, representing a significant technological advancement in automated image processing. These systems integrated image sensors, processors, and software within a single compact unit, enabling real-time analysis and decision-making directly at the source. Their self-contained nature reduced latency and eliminated the need for external computing hardware, making them ideal for applications in industrial automation, quality inspection, traffic monitoring, and retail analytics.

The Non-Industrial segment dominated the Global Computer Vision Market by Vertical in 2024, growing at a CAGR of 19 % during the forecast period. This segment represented a major area of adoption within the computer vision market, as vision technologies increasingly found applications across healthcare, automotive, retail, agriculture, and consumer electronics. In this segment, computer vision was primarily used to enhance automation, safety, and user experience. Healthcare providers employed visual AI for diagnostics, imaging analysis, and patient monitoring, while automotive companies integrated it into driver-assistance and autonomous systems.

The Hardware segment is generating the maximum revenue in the Global Computer Vision Market by Component in 2024, thereby, achieving a market value of $50.22 billion by 2032. This segment held a vital position in the computer vision market, serving as the foundation for capturing, processing, and analyzing visual data across diverse applications. This segment included key components such as cameras, sensors, processors, and embedded systems that enabled real-time image acquisition and analysis. Continuous innovation in imaging sensors, AI chips, and edge computing devices enhanced the capability and efficiency of hardware systems used in vision applications.

The Quality Assurance & Inspection segment dominated the Global Computer Vision Market by Application in 2024, growing at a CAGR of 18.4 % during the forecast period. This segment represented a key area of application within the computer vision market, driven by its critical role in ensuring product accuracy, consistency, and defect detection across manufacturing and industrial operations. Computer vision systems enabled real-time inspection of components and final products, identifying even the smallest anomalies that could affect quality.

Full Report: https://www.kbvresearch.com/computer-vision-market/

The Asia Pacific region dominated the Global Computer Vision Market by Region in 2024, and would continue to be a dominant market till 2032; thereby, achieving a market value of $33,182.6 million by 2032. The North America region is experiencing a CAGR of 18.5% during (2025 - 2032). Additionally, The Europe region would exhibit a CAGR of 18.8% during (2025 - 2032).

List of Key Companies Profiled

• Amazon Web Services, Inc. (Amazon.com, Inc.)
• Intel Corporation
• Basler AG
• Cognex Corporation
• Google LLC
• NVIDIA Corporation
• Microsoft Corporation
• Omron Corporation
• Qualcomm Incorporated (Qualcomm Technologies, Inc.)
• MediaTek, Inc.

Computer Vision Market Report Segmentation

By Product

• Smart Camera-Based Computer Vision System
• PC-Based Computer Vision System

By Vertical

• Non-Industrial
• Industrial

By Component

• Hardware
• Software

By Application

• Quality Assurance & Inspection
• Positioning & Guidance
• Identification
• Predictive Maintenance
• 3D Visualization & Interactive 3D Modelling
• Measurement
• Other Application

By Geography

• North America
  • US
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
• LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

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