AI in Computer Vision Market to Reach USD 173.82 Billion by
From GlobeNewswire: 2025-05-19 09:00:00
The AI in Computer Vision Market is projected to reach USD 173.82 billion by 2032 with a CAGR of 24.68%. Healthcare and automotive sectors are driving market growth, with the US market expected to reach USD 35.49 billion by 2032. Key players include NVIDIA, Intel, Facebook, and Microsoft.
Consumer electronics led the market in 2023, with firms like Meta Platforms driving growth. The automotive segment is expected to grow at a CAGR of 28.05%. In 2023, the training segment dominated the market, while the inference segment is projected to grow at a CAGR of 26.75%.
The non-industrial sector led the market in 2023, driven by high adoption rates in retail and healthcare. The industrial sector is projected to grow at a CAGR of 26.15%. In 2023, the software segment led the market, while the hardware segment is projected to register the highest CAGR of 26.36%.
Asia Pacific dominated the market in 2023, with North America projected to experience the highest CAGR of 26.84% from 2024 to 2032. Recent developments include NVIDIA’s foundation models for RTX AI PC Systems and Intel’s new 11th Gen Intel® Core™ Ultra processors.
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