Europe Computer Vision Market Size & Outlook, 2024-2030

The computer vision market in Europe is expected to reach a projected revenue of US$ 12,998.8 million by 2030. A compound annual growth rate of 19.1% is expected of Europe computer vision market from 2025 to 2030.
Revenue, 2024 (US$M)
$4,583.8
Forecast, 2030 (US$M)
$12,998.8
CAGR, 2025 - 2030
19.1%
Report Coverage
Europe

Europe computer vision market highlights

  • The Europe computer vision market generated a revenue of USD 3,881.6 million in 2023.
  • The market is expected to grow at a CAGR of 18.8% 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.
  • Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.


Europe data book summary

Market revenue in 2023USD 3,881.6 million
Market revenue in 2030USD 12,998.8 million
Growth rate18.8% (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
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, Europe region accounted for 23.3% of the global computer vision market in 2023.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • MEA is the fastest growing regional market and is projected to reach USD 2,448.2 million by 2030.

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Computer Vision Market Companies

Name Profile # Employees HQ Website

Europe 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 72.48% in 2024. Horizon Databook has segmented the Europe computer vision market based on hardware, software covering the revenue growth of each sub-segment from 2018 to 2030.


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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe computer vision market , including forecasts for subscribers. This continent databook contains high-level insights into Europe computer vision market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Europe computer vision market size, by country, 2018-2030 (US$M)

Europe Computer Vision Market Outlook Share, 2024 & 2030 (US$M)

Europe computer vision market size, by country, 2018-2030 (US$M)

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