Canada Computer Vision Market Size & Outlook, 2023-2030

The computer vision market in Canada is expected to reach a projected revenue of US$ 3,597.8 million by 2030. A compound annual growth rate of 19.4% is expected of Canada computer vision market from 2024 to 2030.
Revenue, 2023 (US$M)
$1,040.7
Forecast, 2030 (US$M)
$3,597.8
CAGR, 2024 - 2030
19.4%
Report Coverage
Canada

Canada computer vision market highlights

  • The Canada computer vision market generated a revenue of USD 1,040.7 million in 2023 and is expected to reach USD 3,597.8 million by 2030.
  • The Canada market is expected to grow at a CAGR of 19.4% from 2024 to 2030.
  • In terms of segment, hardware was the largest revenue generating component in 2023.
  • Software is the most lucrative component segment registering the fastest growth during the forecast period.


Computer vision market data book summary

Market revenue in 2023USD 1,040.7 million
Market revenue in 2030USD 3,597.8 million
Growth rate19.4% (CAGR from 2023 to 2030)
Largest segmentHardware
Fastest growing segmentSoftware
Historical data2017 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationHardware, Software
Key market players worldwideNVIDIA Corp, Microsoft Corp, Intel Corp, International Business Machines Corp, Alphabet Inc Class A, Basler AG, Tempus Resources Ltd Ordinary Shares, Icad Inc, SenseTime Group Inc Class B, AiCure, Arterys


Other key industry trends

  • In terms of revenue, Canada accounted for 6.2% of the global computer vision market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. computer vision market is projected to lead the regional market in terms of revenue in 2030.
  • Canada is the fastest growing regional market in North America and is projected to reach USD 3,597.8 million by 2030.

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Computer Vision Market Companies

Name Profile # Employees HQ Website

Canada 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 71.89% in 2023. Horizon Databook has segmented the Canada computer vision market based on hardware, software covering the revenue growth of each sub-segment from 2017 to 2030.


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  • Our clientele includes a mix of computer vision market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada computer vision market , including forecasts for subscribers. This country databook contains high-level insights into Canada computer vision market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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Canada computer vision market size, by component, 2017-2030 (US$M)

Canada Computer Vision Market Outlook Share, 2023 & 2030 (US$M)

Canada computer vision market size, by component, 2017-2030 (US$M)

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