Report Details:
15 Companies Covered
200 Pages
Market Research Future (MRFR) has published a cooked research report on the “Global Computer Vision Market” that contains information from 2019 to 2035.
The Computer Vision Market is estimated to register a CAGR of 18.52% during the forecast period of 2025 to 2035.
MRFR recognizes the following companies as the key players in the Global Computer Vision Market: NVIDIA (US), Intel (US), Microsoft (US), Google (US), Amazon (US), IBM (US), Qualcomm (US), Apple (US), Samsung (KR), and Siemens (DE).
Computer Vision Market Highlights
The Computer Vision Market is expected to register a CAGR of 18.52% during the forecast period and is projected to reach USD 119.49 billion by 2035, up from USD 18.43 billion in 2024. Integration of AI and machine learning with computer vision, the demand for automation and the increasing integration of computer vision with other sectors such as healthcare, automotive, and retail are the key drivers for the growth of the market.
Technological advancements in computer vision are allowing for enhanced image processing speeds, improved real-time analytics and increased accuracy. While healthcare employs computer vision for medical imaging and diagnostics as well as patient monitoring, the automotive industry uses it for driver assistance and increasingly for autonomous driving systems. There are also market-driving smart city initiatives and IoT devices that merge with computer vision for improved traffic control, automation of industries, and enhanced public safety.
Responsible deployment of AI-driven visual technologies, ethical AI, and a focus on data privacy are the new priorities of businesses. Integrated AI, 5G and edge computing are solving the challenges of real-time decision making for important and sensitive tasks of surveillance and robotics.
Segment Analysis
The Computer Vision Market has been segmented based on Application, Technology, Use, and Deployment Mode.
By Application: Face Recognition holds the largest market share, driven by growing use in security and authentication systems. Object Detection is the fastest-growing segment, fueled by adoption in retail automation, manufacturing, and autonomous vehicles.
By Technology: Deep Learning dominates due to its superior accuracy and data processing capabilities, while Image Processing is emerging rapidly, supported by growing demand for real-time analytics.
By Use: Healthcare is the largest segment, supported by advancements in medical imaging and diagnostics, while Automotive is the fastest-growing segment, boosted by self-driving and advanced driver-assistance technologies.
By Deployment Mode: Cloud-Based solutions dominate the market due to scalability and flexibility, whereas Edge Computing is growing swiftly, driven by the need for low-latency processing in real-time applications.
Region Analysis
North America: Leads the global market with approximately 45% share, driven by strong AI infrastructure, high R&D spending, and the presence of major players such as NVIDIA, Intel, and Microsoft.
Europe: Holds around 30% share, supported by regulatory initiatives like the EU AI Act and significant adoption in automotive and healthcare sectors.
Asia-Pacific: Accounts for nearly 20% of the market and is the fastest-growing region, driven by rapid digitalization, automation, and investments in AI-driven technologies in China, Japan, and India.
Middle East & Africa: Represents around 5% of the market, showing potential growth through smart city initiatives and digital transformation projects in the UAE and South Africa.
Key Findings of the Study
- The Global Computer Vision Market is expected to reach USD 119.49 billion by 2035, growing at a CAGR of 18.52% during 2025–2035.
- North America dominated the market in 2024, while Asia-Pacific is the fastest-growing region.
- Based on the Application, Face Recognition held the largest market share in 2024.
- Based on Technology, Deep Learning was the dominant segment in 2024.
- NVIDIA, Intel, Microsoft, Google, Amazon, IBM, Qualcomm, Apple, Samsung, and Siemens are the key market players.