August 29, 2020

AI in Computer Vision the Present and Future of Computer Vision

Increasing demand for edge computing in mobile devices coupled with the rising demand for computer vision systems in nontraditional and emerging applications are the major factors driving the AI in computer vision market growth. However, various industries are not convincingly adopting AI in computer vision systems due to the lack of awareness and technical expertise may hamper the growth of the market. Further, advancement in AI technology, development of machine learning is expected to provide lucrative opportunities for the market player of the AI in the computer vision market.

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Increasing adoption of artificial intelligence in various business verticals, growing demand for mobile edge computing, rising usage of electronic devices are contributing to the growth of the AI in the computer vision market. Moreover, the growing impact of AI in machine vision, increasing adoption of AI in video and image analysis applications are also accelerating the growth of the AI in computer vision market.

Key companies

Allied Vision Technologies GmbH, Basler AG, Cognex Corporation, General Electric, Intel Corporation, Microsoft Corporation, NVIDIA Corporation, Qualcomm Technologies, Inc., Teledyne Technologies, Inc., Xilinx