Computer Vision Market
Posted by manisha on December 21st, 2020
Computer-Vision-Market is expected to grow from USD 11.59 Billion in 2019 to USD XX Billion by 2026 , at a CAGR of XX % between 2019 and 2026. (Detailed analysis of the market CAGR is provided in the report)
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
Computer vision market is segmented on the basis of Component, Product, Application, Vertical, and Geography. Rising need for quality inspection and automation across industry verticals, growth in demand for vision-guided robotic systems in automotive, and growth in the non-industrial vertical are the major factors driving the growth of the overall computer vision market.
However, lack of user awareness about rapidly changing machine vision technology, changing requirements of end users with respect to computer vision applications, and complexity in integrating computer vision systems are the key restraining factors for the growth of computer vision market.
Further key findings from the report:
• Computer vision market for predictive maintenance applications is expected to grow at the highest CAGR between 2019 and 2026 With the developments in IoT and artificial intelligence technologies, the market for predictive maintenance applications is anticipated to grow during the forecast period
• Analysis of competitive developments such as contracts, joint ventures, mergers & acquisitions, collaborations, product launches & developments, and research and development (R&D) in the Computer Vision Market
Bloomberg, Hoovers, Factiva are some of the sites that are being referred to gain insights about Computer Vision Market. Experts from top manufacturing companies along with other stakeholders have been considered. This is done to validate and collect critical information for evaluating trends related to this market during the forecast period. Top-down and bottom-up approaches have been used to estimate the global and regional size of this market. Data triangulation techniques along with other comparative analysis are also used to calculate the exact size of the Computer Vision Market globally.
Key Target Audience:
The objective of the report is to present comprehensive analysis of Computer Vision market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with analysis of complicated data in simple language. The report covers all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers.
The report also helps in understanding Computer Vision market dynamics, structure by analyzing the market segments, and project the Computer Vision market size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Computer Vision market make the report investor’s guide.
Research report categorizes the Computer Vision Market based on component, product, application, vertical, and geography (region wise). Market size by value is estimated and forecasted with the revenues of leading companies operating in the Computer Vision Market with key developments in companies and market trends.
• Smart Cameras-Based Computer Vision Systems
• Industrial Vertical
• North America
Maximize Market Research offers customization of report and scope of the report as per the specific requirement of our client.
For more information of visit:https://www.maximizemarketresearch.com/market-report/computer-vision-market/3034/
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About the Authormanisha
Joined: June 26th, 2020
Articles Posted: 99
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