The North America AI in Computer Vision Market would witness market growth of 21.1% CAGR during the forecast period (2021-2027).
Artificial intelligence (AI) in computer vision finds its applications in facial recognition, self-driving cars, healthcare, AR and mixed reality, and information technology. AI in computer vision basically operates in three steps viz. image acquisition, image processing, and analysis & understanding of the image. The three processes together enable the enterprises to make decisions for their growth plans achievement.
The AI in computer vision market growth is accredited to the massive demand for merged reality. Virtual reality (VR) and augmented reality (AR) are pushed to the next stage of development by computer vision software so it is also called Merged Reality (MR). The VR and AR systems are able to understand the atmosphere and direct the user to keep distance from obstacles like products, walls, or other users. It can identify the eye and body movement of the user and accordingly, it adopts the VR environment and guides the directions with the help of the external environment by mapping sensors and camera. It has eye-tracking solutions and gyroscopes that position the user in a safe place.
The rate of adoption of advanced technologies like AI, cloud, machine learning, and others in North America is extremely high and continues to surge with time. As a consequence, electronics manufacturers are actively adopting machine learning and AI in computer vision in designing methods. Thus, it is expected to boost the growth of AI in the computer vision market in this region. In recent years, government interventions have been increased due to rising concerns about the security of crucial infrastructure and sensitive data. This has resulted in the higher adoption of AI in computer vision, especially in security applications. The developing industrial sector is continuously flourishing in in the region that is expected to support the AI in computer vision market in the coming years.
The US market dominated the North America AI in Computer Vision Hardware Market by Country 2020, growing at a CAGR of 18.5 % during the forecast period. The Canada market is experiencing a CAGR of 22% during (2021 - 2027). Additionally, The Mexico market would witness a CAGR of 21% during (2021 - 2027).
The Supervised Learning market dominated the Canada AI in Computer Vision Market by Machine Learning Model 2020, thereby, achieving a market value of $1,472.9 million by 2027. The Unsupervised Learning & Reinforcement Learning market is expected to witness a CAGR of 25.2% during (2021 - 2027).
Based on Offering, the market is segmented into Software and Hardware. Hardware segment is further bifurcated across Processor, Memory and Storage. Based on Machine Learning Model, the market is segmented into Supervised Learning and Unsupervised Learning & Reinforcement Learning. Based on Function, the market is segmented into Inference and Training. Based on Application, the market is segmented into Non-industrial and Industrial. Based on End User, the market is segmented into Consumer Electronics, Automotive, Retail, Healthcare, Security & Surveillance, Manufacturing and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global AI in Computer Vision Market is Estimated to Reach USD 56.3 Billion by 2027 at a CAGR of 22.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include NVIDIA Corporation, Intel Corporation, Microsoft Corporation, IBM Corporation, Qualcomm, Inc., Amazon.com, Inc., Xilinx, Inc., Google, Inc., Facebook, Inc., and Basler AG.
Scope of the Study
Market Segments Covered in the Report:
By Offering
By Machine Learning Model
- Supervised Learning
- Unsupervised Learning & Reinforcement Learning
By Function
By Application
- Non-industrial
- Industrial
By End User
- Consumer Electronics
- Automotive
- Retail
- Healthcare
- Security & Surveillance
- Manufacturing
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- NVIDIA Corporation
- Intel Corporation
- Microsoft Corporation
- IBM Corporation
- Qualcomm, Inc.
- com, Inc.
- Xilinx, Inc.
- Google, Inc.
- Facebook, Inc.
- Basler AG
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America AI in Computer Vision Market, by Offering
1.4.2 North America AI in Computer Vision Market, by Machine Learning Model
1.4.3 North America AI in Computer Vision Market, by Function
1.4.4 North America AI in Computer Vision Market, by Application
1.4.5 North America AI in Computer Vision Market, by End User
1.4.6 North America AI in Computer Vision Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2019, Oct – 2021, Apr) Leading Players
Chapter 4. North America AI in Computer Vision Market by Offering
4.1 North America AI in Computer Vision Software Market by Country
4.2 North America AI in Computer Vision Hardware Market by Country
4.3 North America AI in Computer Vision Market by Hardware Type
4.3.1 North America AI in Computer Vision Processor Market by Country
4.3.2 North America AI in Computer Vision Memory Market by Country
4.3.3 North America AI in Computer Vision Storage Market by Country
Chapter 5. North America AI in Computer Vision Market by Machine Learning Model
5.1 North America Supervised Learning AI in Computer Vision Market by Country
5.2 North America Unsupervised Learning & Reinforcement Learning AI in Computer Vision Market by Country
Chapter 6. North America AI in Computer Vision Market by Function
6.1 North America Inference AI in Computer Vision Market by Country
6.2 North America Training AI in Computer Vision Market by Country
Chapter 7. North America AI in Computer Vision Market by Application
7.1 North America Non-industrial AI in Computer Vision Market by Country
7.2 North America Industrial AI in Computer Vision Market by Country
Chapter 8. North America AI in Computer Vision Market by End User
8.1 North America Consumer Electronics AI in Computer Vision Market by Country
8.2 North America Automotive AI in Computer Vision Market by Country
8.3 North America Retail AI in Computer Vision Market by Country
8.4 North America Healthcare AI in Computer Vision Market by Country
8.5 North America Security & Surveillance AI in Computer Vision Market by Country
8.6 North America Manufacturing AI in Computer Vision Market by Country
8.7 North America Others AI in Computer Vision Market by Country
Chapter 9. North America AI in Computer Vision Market by Country
9.1 US AI in Computer Vision Market
9.1.1 US AI in Computer Vision Market by Offering
9.1.1.1 US AI in Computer Vision Market by Hardware Type
9.1.2 US AI in Computer Vision Market by Machine Learning Model
9.1.3 US AI in Computer Vision Market by Function
9.1.4 US AI in Computer Vision Market by Application
9.1.5 US AI in Computer Vision Market by End User
9.2 Canada AI in Computer Vision Market
9.2.1 Canada AI in Computer Vision Market by Offering
9.2.1.1 Canada AI in Computer Vision Market by Hardware Type
9.2.2 Canada AI in Computer Vision Market by Machine Learning Model
9.2.3 Canada AI in Computer Vision Market by Function
9.2.4 Canada AI in Computer Vision Market by Application
9.2.5 Canada AI in Computer Vision Market by End User
9.3 Mexico AI in Computer Vision Market
9.3.1 Mexico AI in Computer Vision Market by Offering
9.3.1.1 Mexico AI in Computer Vision Market by Hardware Type
9.3.2 Mexico AI in Computer Vision Market by Machine Learning Model
9.3.3 Mexico AI in Computer Vision Market by Function
9.3.4 Mexico AI in Computer Vision Market by Application
9.3.5 Mexico AI in Computer Vision Market by End User
9.4 Rest of North America AI in Computer Vision Market
9.4.1 Rest of North America AI in Computer Vision Market by Offering
9.4.1.1 Rest of North America AI in Computer Vision Market by Hardware Type
9.4.2 Rest of North America AI in Computer Vision Market by Machine Learning Model
9.4.3 Rest of North America AI in Computer Vision Market by Function
9.4.4 Rest of North America AI in Computer Vision Market by Application
9.4.5 Rest of North America AI in Computer Vision Market by End User
Chapter 10. Company Profiles
10.1 NVIDIA Corporation
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segmental and Regional Analysis
10.1.4 Research & Development Expense
10.1.5 Recent strategies and developments:
10.1.5.1 Product Launches and Product Expansions:
10.1.5.1 Partnerships, Collaborations, and Agreements:
10.1.5.2 Acquisition and Mergers:
10.1.6 SWOT Analysis
10.2 Intel Corporation
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Segmental and Regional Analysis
10.2.4 Research & Development Expenses
10.2.5 Recent strategies and developments:
10.2.5.1 Product Launches and Product Expansions:
10.2.5.2 Partnerships, Collaborations, and Agreements:
10.2.6 SWOT Analysis
10.3 Microsoft Corporation
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Segmental and Regional Analysis
10.3.4 Research & Development Expenses
10.3.5 Recent strategies and developments:
10.3.5.1 Partnerships, Collaborations, and Agreements:
10.3.6 SWOT Analysis
10.4 IBM Corporation
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Regional & Segmental Analysis
10.4.4 Research & Development Expenses
10.4.5 SWOT Analysis
10.5 Qualcomm, Inc.
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Segmental and Regional Analysis
10.5.4 Research & Development Expense
10.5.5 Recent strategies and developments:
10.5.5.1 Product Launches and Product Expansions:
10.5.5.2 Partnerships, Collaborations, and Agreements:
10.5.6 SWOT Analysis
10.6 Amazon.com, Inc.
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Segmental and Regional Analysis
10.6.4 Recent strategies and developments:
10.6.4.1 Product Launches and Product Expansions:
10.6.5 SWOT Analysis
10.7 Xilinx, Inc.
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Regional Analysis
10.7.4 Research & Development Expenses
10.7.5 Recent strategies and developments:
10.7.5.1 Product Launches and Product Expansions:
10.8 Google, Inc.
10.8.1 Company Overview
10.8.2 Financial Analysis
10.8.3 Segmental and Regional Analysis
10.8.4 Research & Development Expense
10.8.5 Recent strategies and developments:
10.8.5.1 Acquisition and Mergers:
10.8.6 SWOT Analysis
10.9 Facebook, Inc.
10.9.1 Company Overview
10.9.2 Financial Analysis
10.9.3 Regional Analysis
10.9.4 Research & Development Expense
10.9.5 Recent strategies and developments:
10.9.5.1 Product Launches and Product Expansions:
10.9.5.2 Acquisition and Mergers:
10.9.6 SWOT Analysis
10.10. Basler AG
10.10.1 Company Overview
10.10.2 Financial Analysis
10.10.3 Regional Analysis
10.10.4 Research & Development Expense
10.10.5 Recent strategies and developments:
10.10.5.1 Product Launches and Product Expansions:
10.10.5.2 Partnerships, Collaborations, and Agreements:
10.10.5.3 Acquisition and Mergers:
TABLE 1 North America AI in Computer Vision Market, 2017 - 2020, USD Million
TABLE 2 North America AI in Computer Vision Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– AI in Computer Vision Market
TABLE 4 Product Launches And Product Expansions– AI in Computer Vision Market
TABLE 5 Acquisition and Mergers– AI in Computer Vision Market
TABLE 6 North America AI in Computer Vision Market by Offering, 2017 - 2020, USD Million
TABLE 7 North America AI in Computer Vision Market by Offering, 2021 - 2027, USD Million
TABLE 8 North America AI in Computer Vision Software Market by Country, 2017 - 2020, USD Million
TABLE 9 North America AI in Computer Vision Software Market by Country, 2021 - 2027, USD Million
TABLE 10 North America AI in Computer Vision Hardware Market by Country, 2017 - 2020, USD Million
TABLE 11 North America AI in Computer Vision Hardware Market by Country, 2021 - 2027, USD Million
TABLE 12 North America AI in Computer Vision Market by Hardware Type, 2017 - 2020, USD Million
TABLE 13 North America AI in Computer Vision Market by Hardware Type, 2021 - 2027, USD Million
TABLE 14 North America AI in Computer Vision Processor Market by Country, 2017 - 2020, USD Million
TABLE 15 North America AI in Computer Vision Processor Market by Country, 2021 - 2027, USD Million
TABLE 16 North America AI in Computer Vision Memory Market by Country, 2017 - 2020, USD Million
TABLE 17 North America AI in Computer Vision Memory Market by Country, 2021 - 2027, USD Million
TABLE 18 North America AI in Computer Vision Storage Market by Country, 2017 - 2020, USD Million
TABLE 19 North America AI in Computer Vision Storage Market by Country, 2021 - 2027, USD Million
TABLE 20 North America AI in Computer Vision Market by Machine Learning Model, 2017 - 2020, USD Million
TABLE 21 North America AI in Computer Vision Market by Machine Learning Model, 2021 - 2027, USD Million
TABLE 22 North America Supervised Learning AI in Computer Vision Market by Country, 2017 - 2020, USD Million
TABLE 23 North America Supervised Learning AI in Computer Vision Market by Country, 2021 - 2027, USD Million
TABLE 24 North America Unsupervised Learning & Reinforcement Learning AI in Computer Vision Market by Country, 2017 - 2020, USD Million
TABLE 25 North America Unsupervised Learning & Reinforcement Learning AI in Computer Vision Market by Country, 2021 - 2027, USD Million
TABLE 26 North America AI in Computer Vision Market by Function, 2017 - 2020, USD Million
TABLE 27 North America AI in Computer Vision Market by Function, 2021 - 2027, USD Million
TABLE 28 North America Inference AI in Computer Vision Market by Country, 2017 - 2020, USD Million
TABLE 29 North America Inference AI in Computer Vision Market by Country, 2021 - 2027, USD Million
TABLE 30 North America Training AI in Computer Vision Market by Country, 2017 - 2020, USD Million
TABLE 31 North America Training AI in Computer Vision Market by Country, 2021 - 2027, USD Million
TABLE 32 North America AI in Computer Vision Market by Application, 2017 - 2020, USD Million
TABLE 33 North America AI in Computer Vision Market by Application, 2021 - 2027, USD Million
TABLE 34 North America Non-industrial AI in Computer Vision Market by Country, 2017 - 2020, USD Million
TABLE 35 North America Non-industrial AI in Computer Vision Market by Country, 2021 - 2027, USD Million
TABLE 36 North America Industrial AI in Computer Vision Market by Country, 2017 - 2020, USD Million
TABLE 37 North America Industrial AI in Computer Vision Market by Country, 2021 - 2027, USD Million
TABLE 38 North America AI in Computer Vision Market by End User, 2017 - 2020, USD Million
TABLE 39 North America AI in Computer Vision Market by End User, 2021 - 2027, USD Million
TABLE 40 North America Consumer Electronics AI in Computer Vision Market by Country, 2017 - 2020, USD Million
TABLE 41 North America Consumer Electronics AI in Computer Vision Market by Country, 2021 - 2027, USD Million
TABLE 42 North America Automotive AI in Computer Vision Market by Country, 2017 - 2020, USD Million
TABLE 43 North America Automotive AI in Computer Vision Market by Country, 2021 - 2027, USD Million
TABLE 44 North America Retail AI in Computer Vision Market by Country, 2017 - 2020, USD Million
TABLE 45 North America Retail AI in Computer Vision Market by Country, 2021 - 2027, USD Million
TABLE 46 North America Healthcare AI in Computer Vision Market by Country, 2017 - 2020, USD Million
TABLE 47 North America Healthcare AI in Computer Vision Market by Country, 2021 - 2027, USD Million
TABLE 48 North America Security & Surveillance AI in Computer Vision Market by Country, 2017 - 2020, USD Million
TABLE 49 North America Security & Surveillance AI in Computer Vision Market by Country, 2021 - 2027, USD Million
TABLE 50 North America Manufacturing AI in Computer Vision Market by Country, 2017 - 2020, USD Million
TABLE 51 North America Manufacturing AI in Computer Vision Market by Country, 2021 - 2027, USD Million
TABLE 52 North America Others AI in Computer Vision Market by Country, 2017 - 2020, USD Million
TABLE 53 North America Others AI in Computer Vision Market by Country, 2021 - 2027, USD Million
TABLE 54 North America AI in Computer Vision Market by Country, 2017 - 2020, USD Million
TABLE 55 North America AI in Computer Vision Market by Country, 2021 - 2027, USD Million
TABLE 56 US AI in Computer Vision Market, 2017 - 2020, USD Million
TABLE 57 US AI in Computer Vision Market, 2021 - 2027, USD Million
TABLE 58 US AI in Computer Vision Market by Offering, 2017 - 2020, USD Million
TABLE 59 US AI in Computer Vision Market by Offering, 2021 - 2027, USD Million
TABLE 60 US AI in Computer Vision Market by Hardware Type, 2017 - 2020, USD Million
TABLE 61 US AI in Computer Vision Market by Hardware Type, 2021 - 2027, USD Million
TABLE 62 US AI in Computer Vision Market by Machine Learning Model, 2017 - 2020, USD Million
TABLE 63 US AI in Computer Vision Market by Machine Learning Model, 2021 - 2027, USD Million
TABLE 64 US AI in Computer Vision Market by Function, 2017 - 2020, USD Million
TABLE 65 US AI in Computer Vision Market by Function, 2021 - 2027, USD Million
TABLE 66 US AI in Computer Vision Market by Application, 2017 - 2020, USD Million
TABLE 67 US AI in Computer Vision Market by Application, 2021 - 2027, USD Million
TABLE 68 US AI in Computer Vision Market by End User, 2017 - 2020, USD Million
TABLE 69 US AI in Computer Vision Market by End User, 2021 - 2027, USD Million
TABLE 70 Canada AI in Computer Vision Market, 2017 - 2020, USD Million
TABLE 71 Canada AI in Computer Vision Market, 2021 - 2027, USD Million
TABLE 72 Canada AI in Computer Vision Market by Offering, 2017 - 2020, USD Million
TABLE 73 Canada AI in Computer Vision Market by Offering, 2021 - 2027, USD Million
TABLE 74 Canada AI in Computer Vision Market by Hardware Type, 2017 - 2020, USD Million
TABLE 75 Canada AI in Computer Vision Market by Hardware Type, 2021 - 2027, USD Million
TABLE 76 Canada AI in Computer Vision Market by Machine Learning Model, 2017 - 2020, USD Million
TABLE 77 Canada AI in Computer Vision Market by Machine Learning Model, 2021 - 2027, USD Million
TABLE 78 Canada AI in Computer Vision Market by Function, 2017 - 2020, USD Million
TABLE 79 Canada AI in Computer Vision Market by Function, 2021 - 2027, USD Million
TABLE 80 Canada AI in Computer Vision Market by Application, 2017 - 2020, USD Million
TABLE 81 Canada AI in Computer Vision Market by Application, 2021 - 2027, USD Million
TABLE 82 Canada AI in Computer Vision Market by End User, 2017 - 2020, USD Million
TABLE 83 Canada AI in Computer Vision Market by End User, 2021 - 2027, USD Million
TABLE 84 Mexico AI in Computer Vision Market, 2017 - 2020, USD Million
TABLE 85 Mexico AI in Computer Vision Market, 2021 - 2027, USD Million
TABLE 86 Mexico AI in Computer Vision Market by Offering, 2017 - 2020, USD Million
TABLE 87 Mexico AI in Computer Vision Market by Offering, 2021 - 2027, USD Million
TABLE 88 Mexico AI in Computer Vision Market by Hardware Type, 2017 - 2020, USD Million
TABLE 89 Mexico AI in Computer Vision Market by Hardware Type, 2021 - 2027, USD Million
TABLE 90 Mexico AI in Computer Vision Market by Machine Learning Model, 2017 - 2020, USD Million
TABLE 91 Mexico AI in Computer Vision Market by Machine Learning Model, 2021 - 2027, USD Million
TABLE 92 Mexico AI in Computer Vision Market by Function, 2017 - 2020, USD Million
TABLE 93 Mexico AI in Computer Vision Market by Function, 2021 - 2027, USD Million
TABLE 94 Mexico AI in Computer Vision Market by Application, 2017 - 2020, USD Million
TABLE 95 Mexico AI in Computer Vision Market by Application, 2021 - 2027, USD Million
TABLE 96 Mexico AI in Computer Vision Market by End User, 2017 - 2020, USD Million
TABLE 97 Mexico AI in Computer Vision Market by End User, 2021 - 2027, USD Million
TABLE 98 Rest of North America AI in Computer Vision Market, 2017 - 2020, USD Million
TABLE 99 Rest of North America AI in Computer Vision Market, 2021 - 2027, USD Million
TABLE 100 Rest of North America AI in Computer Vision Market by Offering, 2017 - 2020, USD Million
TABLE 101 Rest of North America AI in Computer Vision Market by Offering, 2021 - 2027, USD Million
TABLE 102 Rest of North America AI in Computer Vision Market by Hardware Type, 2017 - 2020, USD Million
TABLE 103 Rest of North America AI in Computer Vision Market by Hardware Type, 2021 - 2027, USD Million
TABLE 104 Rest of North America AI in Computer Vision Market by Machine Learning Model, 2017 - 2020, USD Million
TABLE 105 Rest of North America AI in Computer Vision Market by Machine Learning Model, 2021 - 2027, USD Million
TABLE 106 Rest of North America AI in Computer Vision Market by Function, 2017 - 2020, USD Million
TABLE 107 Rest of North America AI in Computer Vision Market by Function, 2021 - 2027, USD Million
TABLE 108 Rest of North America AI in Computer Vision Market by Application, 2017 - 2020, USD Million
TABLE 109 Rest of North America AI in Computer Vision Market by Application, 2021 - 2027, USD Million
TABLE 110 Rest of North America AI in Computer Vision Market by End User, 2017 - 2020, USD Million
TABLE 111 Rest of North America AI in Computer Vision Market by End User, 2021 - 2027, USD Million
TABLE 112 Key Information – NVIDIA Corporation
TABLE 113 Key Information – Intel Corporation
TABLE 114 key information – Microsoft Corporation
TABLE 115 Key information – IBM Corporation
TABLE 116 Key Information – Qualcomm, Inc.
TABLE 117 Key Information – Amazon.com, Inc.
TABLE 118 Key Information – Xilinx, Inc.
TABLE 119 Key Information – Google, Inc.
TABLE 120 key information – Facebook, Inc.
TABLE 121 Key Information – Basler AG
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2019, Oct – 2021, Apr) Leading Players
FIG 5 Recent strategies and developments: NVIDIA Corporation
FIG 6 SWOT Analysis: NVIDIA Corporation
FIG 7 Recent strategies and developments: Intel Corporation
FIG 8 SWOT analysis: Intel corporation
FIG 9 SWOT Analysis: Microsoft Corporation
FIG 10 Swot analysis: IBM Corporation
FIG 11 Recent strategies and developments: Qualcomm, Inc.
FIG 12 SWOT Analysis: Qualcomm, Inc.
FIG 13 SWOT analysis: Amazon.com, Inc.
FIG 14 SWOT Analysis: Alphabet Inc. (Google Inc.)
FIG 15 Recent strategies and developments: Facebook, Inc.
FIG 16 SWOT Analysis: Facebook, Inc.
FIG 17 Recent strategies and developments: Basler AG