Global Computer Vision Market Size & Outlook, 2023-2030

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 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 2023USD 16,681.1 million
Market revenue in 2030USD 58,290.4 million
Growth rate19.6% (CAGR from 2023 to 2030)
Largest segmentHardware
Fastest growing segmentSoftware
Historical data covered2017 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationHardware, 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 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

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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 size, by regions, 2017-2030 (US$M)

Top 10 countries: Computer vision market size, 2023 (US$M)

Global computer vision market share, by component, 2023 & 2030 (%, US$M)

Computer vision market: Opportunity assessment by country

Global computer vision market, by region, 2023 (US$M)

Global computer vision market size, by regions, 2017-2030 (US$M)

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