Global Computer Vision Market Size & Outlook, 2024-2030
Global computer vision market, 2018-2030 (US$M)
Related Markets
Global computer vision market highlights
- The global computer vision market generated a revenue of USD 16,681.1 million in 2023 and is expected to reach USD 58,290.4 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 19.6% by 2030.
- In terms of segment, hardware accounted for a revenue of USD 12,007.7 million in 2023.
- Software is the most lucrative component segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 16,681.1 million |
| Market revenue in 2030 | USD 58,290.4 million |
| Growth rate | 19.6% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Software |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software |
Other key industry trends
- In terms of revenue, the North America accounted for 26.8% of the global computer vision market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 10,566.8 million by 2030.
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Computer Vision Market Scope
Computer Vision Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global computer vision market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to computer vision market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 71.98% in 2024. Horizon Databook has segmented the Global computer vision market based on hardware, software covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Computer Vision Component Outlook (Revenue, USD Million, 2018-2030)
- Hardware
- Software
- Global Computer Vision Product Outlook (Revenue, USD Million, 2018-2030)
- Smart Cameras-Based Computer Vision Systems
- PC-Based Computer Vision Systems
- Global Computer Vision Application Outlook (Revenue, USD Million, 2018-2030)
- Quality Assurance & Inspection
- Positioning & Guidance
- Measurement
- Identification
- Predictive Maintenance
- 3D Visualiazation & Interactive 3D Modeling
- Global Computer Vision Vertical Outlook (Revenue, USD Million, 2018-2030)
- Industrial
- Automotive
- Pharmaceuticals
- Electronics & Semiconductor
- Food & Packaging
- Wood & Paper
- Printing
- Machinery
- Others
- Non-Industrial
- Healthcare
- Consumer Electronics
- Security & Surveillance
- Retail
- Sports & Entertainment
- Autonomous & Semiautonomous Vehicles
- Others
- Industrial
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Target buyers of Global computer vision market databook
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Horizon Databook provides a detailed overview of global-level data and insights on the Global computer vision market , including forecasts for subscribers. This global databook contains high-level insights into Global computer vision market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global computer vision market size, by regions, 2018-2030 (US$M)
Top 10 countries: Computer vision market size, 2024 (US$M)
Global computer vision market share, by component, 2024 & 2030 (%, US$M)
Computer vision market: Opportunity assessment by country
Global computer vision market, by region, 2024 (US$M)
| Component | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 2,890.4 | 3,112.7 | 3,004.2 | 3,453.8 | 4,004.2 | 4,677.2 | 5,485.5 | 6,454.1 | 7,611.4 | 8,989.7 | 10,628.9 | 12,575.1 | 14,881.0 | 18.2% |
| Europe | 2,321.7 | 2,516.1 | 2,443.9 | 2,828.1 | 3,300.6 | 3,881.6 | 4,583.8 | 5,431.2 | 6,451.2 | 7,675.3 | 9,142.8 | 10,899.6 | 12,998.8 | 19.1% |
| Asia Pacific | 3,807.9 | 4,192.9 | 4,137.7 | 4,864.4 | 5,767.2 | 6,889.3 | 8,263.7 | 9,944.8 | 11,997.0 | 14,495.6 | 17,534.9 | 21,227.4 | 25,706.1 | 20.9% |
| Latin America | 351.8 | 385.6 | 378.7 | 443.2 | 523.2 | 622.2 | 743.1 | 890.6 | 1,069.9 | 1,287.4 | 1,551.2 | 1,870.5 | 2,256.4 | 20.4% |
| MEA | 317.5 | 354.2 | 354.0 | 421.3 | 505.5 | 610.8 | 740.9 | 901.3 | 1,098.7 | 1,341.2 | 1,638.6 | 2,002.8 | 2,448.2 | 22.1% |
| Overall | 9,689.4 | 10,561.4 | 10,318.5 | 12,010.8 | 14,100.6 | 16,681.1 | 19,817.1 | 23,622.0 | 28,228.2 | 33,789.2 | 40,496.3 | 48,575.3 | 58,290.4 | 19.8% |
Related regional statistics
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