Image Processor Market Projected For Healthy Growth Rate During The Forecast Period

An image processor is a dedicated signal processing circuit which used for the purpose of extracting useful information from an image by performing some suitable operation on it. The main uses of an image processor are image sharpening & restoration, visualization, image retrieval, measurement of pattern and image recognition. Image processor or media processor is one of the most important components in image processing operation. It is widely used in digital cameras, smartphones, tablets, etc. Other significant function of image processors includes Bayer transformation, noise reduction, and image sharpening.

The digital image processing engine is capable of performing a varied range of tasks. In order to enhance the system integration on embedded devices, it is often embedded as a system on a chip with multi-core processor design. It is also used to collect and analyze data in real time. The ongoing development in field of image processing is expected to replace the traditional text with images, 3-D images and real time video during the forecast period. Also, the recent development of sophisticated three dimensional sensors is creating a positive impact on the market.

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The advantageous features offered by image processor such as faster and cost-effective processing of images is driving market growth. Also, image processor makes fixing and retouching of images easier. It is more ecological to process images since, no processing or fixing chemicals are needed while capturing and processing digital images. Further, increasing use of image processing techniques in the medical diagnosis, disease monitoring and treatment of disease is favoring market growth. However, such technologically advanced image processors are limited mainly to the economically developed regions due to high cost and lack of awareness regarding its functionality. This is acting as a major restraint to market growth. But the emergence of new business class individuals and rise in disposable income among the middle class population in emerging geographies is paving way for new market opportunities. Image processing methods are becoming increasingly sophisticated and the trend is to develop as much automation as possible.