LAMEA Vision Transformers Market Size, Share & Industry Trends Analysis Report By Component (Solution (Software, Hardware), and Professional Services), By Vertical, By Application, By Country and Growth Forecast, 2023 - 2030

The Latin America, Middle East and Africa Vision Transformers Market would witness market growth of 41.6% CAGR during the forecast period (2023-2030).

Vision transformers have found extensive use in healthcare for tasks such as medical image analysis, disease diagnosis, and surgical robot control. The growing demand for AI-driven solutions in healthcare, especially for improving accuracy and efficiency. Integrating these with NLP models has given rise to multimodal AI, which can process both text and images simultaneously. This opens new possibilities for applications like content recommendation systems, social media analysis, and virtual assistants, enhancing user experiences and insights.

ViTs can assist in the early detection and diagnosis of various diseases, including cancer, heart disease, and neurological disorders. Their ability to identify subtle patterns and abnormalities in medical images can lead to timely interventions and improved patient outcomes. ViTs can help tailor treatment plans by analyzing patients' medical images and providing insights into the most effective treatment options. This personalized approach can enhance patient outcomes and decrease treatment-related adverse effects.

According to the International Trade Administration (ITA), in 2020, Saudi Arabia accounted for nearly 52% of all vehicles sold in the Gulf Cooperation Council (GCC) and 35% in the MENA region. In Saudi Arabia, 556,000 vehicles were sold in 2019 and 436,000 in 2020. Sales are anticipated to reach 543,000 units by 2025, with only 32,000 units being electric vehicles. As AV technology continues to evolve, ViTs will be essential for AVs operating in Saudi Arabia, providing the perception and decision-making capabilities required for autonomous driving in varied environments. The factors mentioned above will drive the regional market growth.

The Brazil market dominated the LAMEA Vision Transformers Market by Country in 2023 and would continue to be a dominant market till 2030; thereby, achieving a market value of $28.7 Million by 2030. The Argentina market is showcasing a CAGR of 42.4% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 41.1% during (2023 - 2030).

Based on Component, the market is segmented into Solution (Software, Hardware), and Professional Services. Based on Vertical, the market is segmented into Media & Entertainment, Government, Automotive, Retail & Ecommerce, Healthcare & Lifesciences, and Others. Based on Application, the market is segmented into Object Detection, Image Classification, Image Segmentation, Image Captioning, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

Free Valuable Insights: The Worldwide Vision Transformers Market is Projected to reach USD 2.1 Billion by 2030, at a CAGR of 36.5%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Amazon Web Services, Inc. (Amazon.com, Inc.), NVIDIA Corporation, Google LLC (Alphabet Inc.), OpenAI, L.L.C., Synopsys, Inc., Microsoft Corporation, Qualcomm Incorporated, Intel Corporation, LeewayHertz, and Clarifai, Inc.

Scope of the Study

Market Segments Covered in the Report:

By Component

• Solution
  • Software
  • Hardware
• Professional Services

By Vertical

• Media & Entertainment
• Government
• Automotive
• Retail & Ecommerce
• Healthcare & Lifesciences
• Others

By Application

• Object Detection
• Image Classification
• Image Segmentation
• Image Captioning
• Others

By Country

• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA

Key Market Players

List of Companies Profiled in the Report:

• Amazon Web Services, Inc. (Amazon.com, Inc.)
• NVIDIA Corporation
• Google LLC (Alphabet Inc.)
• OpenAI, L.L.C.
• Synopsys, Inc.
• Microsoft Corporation
• Qualcomm Incorporated
• Intel Corporation
• LeewayHertz
• Clarifai, Inc.

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Vision Transformers Market, by Component
1.4.2 LAMEA Vision Transformers Market, by Vertical
1.4.3 LAMEA Vision Transformers Market, by Application
1.4.4 LAMEA Vision Transformers Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Porter’s Five Forces Analysis

Chapter 4. Recent Strategies Deployed in the Vision Transformers Market

Chapter 5. LAMEA Vision Transformers Market by Component
5.1 LAMEA Solution Market by Country
5.2 LAMEA Vision Transformers Market by Solution Type
5.2.1 LAMEA Software Market by Country
5.2.2 LAMEA Hardware Market by Country
5.3 LAMEA Professional Services Market by Country

Chapter 6. LAMEA Vision Transformers Market by Vertical
6.1 LAMEA Media & Entertainment Market by Country
6.2 LAMEA Government Market by Country
6.3 LAMEA Automotive Market by Country
6.4 LAMEA Retail & Ecommerce Market by Country
6.5 LAMEA Healthcare & Lifesciences Market by Country
6.6 LAMEA Others Market by Country

Chapter 7. LAMEA Vision Transformers Market by Application
7.1 LAMEA Object Detection Market by Country
7.2 LAMEA Image Classification Market by Country
7.3 LAMEA Image Segmentation Market by Country
7.4 LAMEA Image Captioning Market by Country
7.5 LAMEA Others Market by Country

Chapter 8. LAMEA Vision Transformers Market by Country
8.1 Brazil Vision Transformers Market
8.1.1 Brazil Vision Transformers Market by Component
8.1.1.1 Brazil Vision Transformers Market by Solution Type
8.1.2 Brazil Vision Transformers Market by Vertical
8.1.3 Brazil Vision Transformers Market by Application
8.2 Argentina Vision Transformers Market
8.2.1 Argentina Vision Transformers Market by Component
8.2.1.1 Argentina Vision Transformers Market by Solution Type
8.2.2 Argentina Vision Transformers Market by Vertical
8.2.3 Argentina Vision Transformers Market by Application
8.3 UAE Vision Transformers Market
8.3.1 UAE Vision Transformers Market by Component
8.3.1.1 UAE Vision Transformers Market by Solution Type
8.3.2 UAE Vision Transformers Market by Vertical
8.3.3 UAE Vision Transformers Market by Application
8.4 Saudi Arabia Vision Transformers Market
8.4.1 Saudi Arabia Vision Transformers Market by Component
8.4.1.1 Saudi Arabia Vision Transformers Market by Solution Type
8.4.2 Saudi Arabia Vision Transformers Market by Vertical
8.4.3 Saudi Arabia Vision Transformers Market by Application
8.5 South Africa Vision Transformers Market
8.5.1 South Africa Vision Transformers Market by Component
8.5.1.1 South Africa Vision Transformers Market by Solution Type
8.5.2 South Africa Vision Transformers Market by Vertical
8.5.3 South Africa Vision Transformers Market by Application
8.6 Nigeria Vision Transformers Market
8.6.1 Nigeria Vision Transformers Market by Component
8.6.1.1 Nigeria Vision Transformers Market by Solution Type
8.6.2 Nigeria Vision Transformers Market by Vertical
8.6.3 Nigeria Vision Transformers Market by Application
8.7 Rest of LAMEA Vision Transformers Market
8.7.1 Rest of LAMEA Vision Transformers Market by Component
8.7.1.1 Rest of LAMEA Vision Transformers Market by Solution Type
8.7.2 Rest of LAMEA Vision Transformers Market by Vertical
8.7.3 Rest of LAMEA Vision Transformers Market by Application

Chapter 9. Company Profiles
9.1 Amazon Web Services, Inc. (Amazon.com, Inc.)
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental Analysis
9.1.4 SWOT Analysis
9.2 NVIDIA Corporation
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expenses
9.2.5 Recent strategies and developments:
9.2.5.1 Partnerships, Collaborations, and Agreements:
9.2.6 SWOT Analysis
9.3 Google LLC (Alphabet Inc.)
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expense
9.3.5 Recent strategies and developments:
9.3.5.1 Partnerships, Collaborations, and Agreements:
9.3.6 SWOT Analysis
9.4 OpenAI, L.L.C.
9.4.1 Company Overview
9.4.2 SWOT Analysis
9.5 Synopsys, Inc.
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expense
9.5.5 Recent strategies and developments:
9.5.5.1 Acquisition and Mergers:
9.5.6 SWOT Analysis
9.6 Microsoft Corporation
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expenses
9.6.5 Recent strategies and developments:
9.6.5.1 Partnerships, Collaborations, and Agreements:
9.6.5.2 Product Launches and Product Expansions:
9.6.6 SWOT Analysis
9.7 Qualcomm Incorporated
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expense
9.7.5 Recent strategies and developments:
9.7.5.1 Product Launches and Product Expansions:
9.7.6 SWOT Analysis
9.8 Intel Corporation
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expenses
9.8.5 Recent strategies and developments:
9.8.5.1 Partnerships, Collaborations, and Agreements:
9.8.6 SWOT Analysis
9.9 LeewayHertz
9.9.1 Company Overview
9.9.2 SWOT Analysis
9.10. Clarifai, Inc.
9.10.1 Company Overview
9.10.2 SWOT Analysis

TABLE 1 LAMEA Vision Transformers Market, 2023 - 2030, USD Million
TABLE 2 LAMEA Vision Transformers Market by Component, 2023 - 2030, USD Million
TABLE 3 LAMEA Solution Market by Country, 2023 - 2030, USD Million
TABLE 4 LAMEA Vision Transformers Market by Solution Type, 2023 - 2030, USD Million
TABLE 5 LAMEA Software Market by Country, 2023 - 2030, USD Million
TABLE 6 LAMEA Hardware Market by Country, 2023 - 2030, USD Million
TABLE 7 LAMEA Professional Services Market by Country, 2023 - 2030, USD Million
TABLE 8 LAMEA Vision Transformers Market by Vertical, 2023 - 2030, USD Million
TABLE 9 LAMEA Media & Entertainment Market by Country, 2023 - 2030, USD Million
TABLE 10 LAMEA Government Market by Country, 2023 - 2030, USD Million
TABLE 11 LAMEA Automotive Market by Country, 2023 - 2030, USD Million
TABLE 12 LAMEA Retail & Ecommerce Market by Country, 2023 - 2030, USD Million
TABLE 13 LAMEA Healthcare & Lifesciences Market by Country, 2023 - 2030, USD Million
TABLE 14 LAMEA Others Market by Country, 2023 - 2030, USD Million
TABLE 15 LAMEA Vision Transformers Market by Application, 2023 - 2030, USD Million
TABLE 16 LAMEA Object Detection Market by Country, 2023 - 2030, USD Million
TABLE 17 LAMEA Image Classification Market by Country, 2023 - 2030, USD Million
TABLE 18 LAMEA Image Segmentation Market by Country, 2023 - 2030, USD Million
TABLE 19 LAMEA Image Captioning Market by Country, 2023 - 2030, USD Million
TABLE 20 LAMEA Others Market by Country, 2023 - 2030, USD Million
TABLE 21 LAMEA Vision Transformers Market by Country, 2023 - 2030, USD Million
TABLE 22 Brazil Vision Transformers Market, 2023 - 2030, USD Million
TABLE 23 Brazil Vision Transformers Market by Component, 2023 - 2030, USD Million
TABLE 24 Brazil Vision Transformers Market by Solution Type, 2023 - 2030, USD Million
TABLE 25 Brazil Vision Transformers Market by Vertical, 2023 - 2030, USD Million
TABLE 26 Brazil Vision Transformers Market by Application, 2023 - 2030, USD Million
TABLE 27 Argentina Vision Transformers Market, 2023 - 2030, USD Million
TABLE 28 Argentina Vision Transformers Market by Component, 2023 - 2030, USD Million
TABLE 29 Argentina Vision Transformers Market by Solution Type, 2023 - 2030, USD Million
TABLE 30 Argentina Vision Transformers Market by Vertical, 2023 - 2030, USD Million
TABLE 31 Argentina Vision Transformers Market by Application, 2023 - 2030, USD Million
TABLE 32 UAE Vision Transformers Market, 2023 - 2030, USD Million
TABLE 33 UAE Vision Transformers Market by Component, 2023 - 2030, USD Million
TABLE 34 UAE Vision Transformers Market by Solution Type, 2023 - 2030, USD Million
TABLE 35 UAE Vision Transformers Market by Vertical, 2023 - 2030, USD Million
TABLE 36 UAE Vision Transformers Market by Application, 2023 - 2030, USD Million
TABLE 37 Saudi Arabia Vision Transformers Market, 2023 - 2030, USD Million
TABLE 38 Saudi Arabia Vision Transformers Market by Component, 2023 - 2030, USD Million
TABLE 39 Saudi Arabia Vision Transformers Market by Solution Type, 2023 - 2030, USD Million
TABLE 40 Saudi Arabia Vision Transformers Market by Vertical, 2023 - 2030, USD Million
TABLE 41 Saudi Arabia Vision Transformers Market by Application, 2023 - 2030, USD Million
TABLE 42 South Africa Vision Transformers Market, 2023 - 2030, USD Million
TABLE 43 South Africa Vision Transformers Market by Component, 2023 - 2030, USD Million
TABLE 44 South Africa Vision Transformers Market by Solution Type, 2023 - 2030, USD Million
TABLE 45 South Africa Vision Transformers Market by Vertical, 2023 - 2030, USD Million
TABLE 46 South Africa Vision Transformers Market by Application, 2023 - 2030, USD Million
TABLE 47 Nigeria Vision Transformers Market, 2023 - 2030, USD Million
TABLE 48 Nigeria Vision Transformers Market by Component, 2023 - 2030, USD Million
TABLE 49 Nigeria Vision Transformers Market by Solution Type, 2023 - 2030, USD Million
TABLE 50 Nigeria Vision Transformers Market by Vertical, 2023 - 2030, USD Million
TABLE 51 Nigeria Vision Transformers Market by Application, 2023 - 2030, USD Million
TABLE 52 Rest of LAMEA Vision Transformers Market, 2023 - 2030, USD Million
TABLE 53 Rest of LAMEA Vision Transformers Market by Component, 2023 - 2030, USD Million
TABLE 54 Rest of LAMEA Vision Transformers Market by Solution Type, 2023 - 2030, USD Million
TABLE 55 Rest of LAMEA Vision Transformers Market by Vertical, 2023 - 2030, USD Million
TABLE 56 Rest of LAMEA Vision Transformers Market by Application, 2023 - 2030, USD Million
TABLE 57 Key Information – Amazon Web Services, Inc.
TABLE 58 Key Information – NVIDIA Corporation
TABLE 59 Key Information – Google LLC
TABLE 60 Key Information – OpenAI, L.L.C.
TABLE 61 key information – Synopsys, Inc.
TABLE 62 Key Information – Microsoft Corporation
TABLE 63 Key Information – Qualcomm Incorporated
TABLE 64 Key Information – Intel Corporation
TABLE 65 Key Information – LeewayHertz
TABLE 66 Key Information – Clarifai, Inc.

List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA Vision Transformers Market, 2023 - 2030, USD Million
FIG 3 Key Factors Impacting the Vision Transformers Market
FIG 4 Porter’s Five Forces Analysis - Vision Transformers Market
FIG 5 LAMEA Vision Transformers Market share by Component, 2023
FIG 6 LAMEA Vision Transformers Market share by Component, 2030
FIG 7 LAMEA Vision Transformers Market by Component, 2023- 2030, USD Million
FIG 8 LAMEA Vision Transformers Market share by Vertical, 2023
FIG 9 LAMEA Vision Transformers Market share by Vertical, 2030
FIG 10 LAMEA Vision Transformers Market by Vertical, 2023 - 2030, USD Million
FIG 11 LAMEA Vision Transformers Market share by Application, 2023
FIG 12 LAMEA Vision Transformers Market share by Application, 2030
FIG 13 LAMEA Vision Transformers Market by Application, 2023 - 2030, USD Million
FIG 14 LAMEA Vision Transformers Market share by Country, 2023
FIG 15 LAMEA Vision Transformers Market share by Country, 2030
FIG 16 LAMEA Vision Transformers Market by Country, 2023 - 2030, USD Million
FIG 17 SWOT analysis: Amazon Web Services, Inc.
FIG 18 SWOT Analysis: NVIDIA Corporation
FIG 19 SWOT Analysis: Google LLC
FIG 20 SWOT Analysis: OpenAI, L.L.C.
FIG 21 SWOT Analysis: Synopsys, Inc.
FIG 22 SWOT Analysis: Microsoft Corporation
FIG 23 SWOT Analysis: QUALCOMM Incorporated
FIG 24 SWOT Analysis: Intel corporation
FIG 25 SWOT Analysis: LeewayHertz
FIG 26 SWOT Analysis: Clarifai, Inc.