Computer vision (CV) is aiding numerous promising applications and revolutionizing the way people do things. According to new research from Omdia, the proof-of-concepts that started a few years ago are now going into production, with deployments across a wide range of applications.
Many businesses are realizing the value of vision and are starting to
determine how to use CV technology for commercial benefit. Technology is
evolving to address these needs. According to Omdia principal analyst
Anand Joshi, “Deep learning has become the technology of choice for
computer vision applications replacing classic computer vision
techniques. This, in turn, is driving the need for new chipsets and
software for CV applications.” Global CV market revenue is expected to
grow from $2.9bn in 2018 to $33.5bn by 2025.
Omdia’s report, “Computer Vision Technologies and Market,”
analyzes the market trends and technology issues surrounding CV. The
study examines the industries and use cases and provides profiles of key
industry players. Global market forecasts, segmented by region,
industry, and use case, extend through 2025. An Executive Summary of the
report is available for free download on the firm’s website.
