Precise Outlook of Global Computer Vision Market and Growth Projections till 2022

Albany, New York, August 14, 2017: The rapid growth of technology has revolutionized computer vision and robotic perception in many fields. Computer Vision is a very active research field with several interesting applications such as for industrial inspection, autonomous driving, robotics, or smart homes. Recently, Market Research Hub (MRH) has broadcasted a new report to its vast portfolio which is titled as “Global Computer Vision Market Research Report 2017” and provides a professional and in-depth study on the current state of the Computer Vision Market worldwide. To analyze market future growth prospects, the study offers extensive five-year forecast analysis, which is 2017 to 2022.

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Firstly, the report provides the computer vision market overview to understand the market outlook and its scope in the coming years. According to the research, the ultimate goal of computer vision is to model, replicate and more importantly exceed human vision using computer software and hardware at different levels. Computer vision is closely connected with artificial intelligence, as the computer must understand what it sees, and then execute appropriate analysis or act accordingly. Application areas for CV technology include video surveillance, biometrics, automotive, photography, movie production, Web search, medicine, augmented reality, gaming, new user interfaces and much more.

Further, the report segments the market globally by regions, types and applications along with its production, revenue, price and market share along with growth rate. On the basis of geography, the study analyzes major regions, including North America, Japan, Europe, Korea, China and Taiwan. The growth rate of the market in each region including consumption and import/export of are also covered in the study. Based on product type, it has been segmented into Smart camera systems and PC systems. Major applications where computer vision market has a huge scope include Automotive, Food and Packaging, Pharmaceutical and others.

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The next section of the report highlights major market dynamics including factors, trends and opportunities that are currently driving the market growth. As per the findings, increasing need for automation and surveillance, and consumer demand for camera-based applications are some of the factors currently driving the adoption of computer vision technologies.

The report also provides full profiles of various companies currently running in this particular market. They are Cognex Corporation, Allied Vision Technologies GmbH, Basler AG, Teledyne Technologies, Inc., Omron Corporation, Baumer Optronic GmbH, Keyence Corporation, JAI A/S, Sony Corporation, Texas Instruments, Inc. and Intel Corporation. Additionally, detailed competitive landscape with identification of the major players in each type of product & application along with comprehensive market share analysis with revenue, market share as well as future growth is also discussed in the report. At the end, the buyer will also get to know about the marketing strategy analysis and effect factors.

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