Global Computer Vision Market Size & Outlook
The computer vision industry worldwide is expected to reach a projected revenue of US$ 58,290.4 million by 2030. A compound annual growth rate of 19.6% is expected of the worldwide computer vision industry from 2024 to 2030.
Revenue, 2023 (US$M)
$16,681.1
Forecast, 2030 (US$M)
$58,290.4
CAGR, 2024 - 2030
19.6%
Report Coverage
Worldwide
Global computer vision market, 2017-2030 (US$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 segmentation & scope
Others
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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 2023. Horizon Databook has segmented the Global computer vision market based on hardware, software covering the revenue growth of each sub-segment from 2017 to 2030.
- Global Computer Vision Component Outlook (Revenue, USD Million, 2017-2030)
- Hardware
- Software
- Global Computer Vision Product Outlook (Revenue, USD Million, 2017-2030)
- Smart Cameras-Based Computer Vision Systems
- PC-Based Computer Vision Systems
- Global Computer Vision Application Outlook (Revenue, USD Million, 2017-2030)
- Quality Assurance & Inspection
- Positioning & Guidance
- Measurement
- Identification
- Predictive Maintenance
- 3D Visualiazation & Interactive 3D Modeling
- Global Computer Vision Vertical Outlook (Revenue, USD Million, 2017-2030)
- 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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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 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Global computer vision market statistics, by regions, 2017-2030 (US$M)
Top 10 countries: Computer vision market size, 2023 (USD Million)
Top 10 countries: Computer vision market size, 2023 (USD Million)
Global computer vision market, by region, 2023 (US$M)
Related regional statistics
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