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The global computer vision market size is projected to continue its strong growth (see Statista, Computer Vision Market Insights 2023) as companies increasingly look for ways to automate their processes, improve quality, and make more efficient decisions. The advancement of deep learning and artificial intelligence will make computer vision solutions even more powerful and adaptable. The increasing adoption of smartphones, IoT devices and edge computing will also integrate the use of computer vision into consumers' daily lives.
Image Recognition Market Value: Europe
Unit: Billion USD | Compound Annual Growth Rate: 11.24%
Image Recognition Market Value: Global
Unit: Billion USD | Compound Annual Growth Rate: 11.17%
Value Share by Industry in 2022
The emerging computer vision market provides a wide range of business opportunities for our enterprises, developing innovative solutions for real-world challenges, embracing the rapidly changing technological advancements. Under our baseline forecast Sirius grows rapidly in the upcoming years, in the beginning mainly driven by its VIVALDI revenue.