The market size of computer vision, a segment of artificial intelligence, grew by nearly 22 percent in 2023. This growth is expected to plateau out through the decade, ending at under ten percent in 2030.

The market size change in the 'Computer Vision' segment of the artificial intelligence market in the United States was forecast to decrease between 2024 and 2030 by in total 5.9 percentage points. This overall decrease does not happen continuously, notably not in 2029 and 2030. The market size change is estimated to amount to 10.77 percent in 2030. Find further information concerning the market size change in the 'Generative AI' segment of the artificial intelligence market in the United States and the number of AI tools users in the 'AI Tool Users' segment of the artificial intelligence market in the United States. The Statista Market Insights cover a broad range of additional markets.

Access the summary of the Computer Vision market report, featuring key insights, executive summary, market size, CAGR, growth rate, and future outlook.

Global Artificial Intelligence (AI) in Computer Vision Market size was valued at USD 20.7 billion in 2022 and is poised to grow from USD 25.8 billion in 2023 to USD 148.8 billion by 2031, growing at a CAGR of 24.5% during the forecast period (2024-2031).

Japan computer vision market size reached USD 1.2 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 2.8 Billion by 2033, exhibiting a growth rate (CAGR) of 9.88% during 2025-2033. The increasing advancements in deep learning algorithms, particularly convolutional neural networks (CNNs), which have revolutionized computer vision by enabling more accurate object detection, image recognition, and segmentation, are driving the market.

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2025-2033. Our report has categorized the market based on component, product type, application, and vertical.

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The machine vision market is expected to grow at a CAGR of 8% during the forecast period. Demand of machine vision systems from apac, drivers.2, and drivers.3 are some of the significant factors fueling machine vision market growth.

Demand of machine vision systems from apac

Market Definition The machine vision technology analyzes and inspects images through various machine vision software, hardware, and accessories. This technology includes four processes, namely identification, guidance, measurement, and inspection. The machine vision technology captures an image, transfers it to the processor, reports it to the processor system for inspection, and then provides the processed results to take action accordingly. The global machine vision market encompasses cameras, vision systems, and others, which consists of accessories such as optics, sensors, lighting, frame-grabbers, and cables, which work as supports for machine vision technology. Objectives To provide actionable intelligence alongside the market size of various segments To detail the major factors influencing the market (drivers, opportunities, industry-specific challenges, and other critical issues) To determine the geographic breakdown of the market in terms of detailed analysis and impact To analyze business dimensions with an eye on individual growth trends and contribution of upcoming market segments To track the competitive landscape of the market Notes and Caveats Values used in the report are rounded off to the nearest decimal place, and millions have been converted to billions wherever possible. All revenue, sales, and cost figures mentioned in the report are in US dollar unless otherwise specified. Market estimates include new installations, shipments, sales value and retrofits, replacements, aftermarket, and services market. The retail selling price is considered as the average selling price for the product. The “others” market in the product segmentation includes lighting, optics, frame grabbers, and sensors.

The global market size in the 'Computer Vision' segment of the artificial intelligence market was forecast to continuously increase between 2024 and 2030 by in total 21.2 billion U.S. dollars (+82.17 percent). After the eighth consecutive increasing year, the market size is estimated to reach 46.96 billion U.S. dollars and therefore a new peak in 2030. Find more key insights for the market size in countries and regions like the market size in the 'Generative AI' segment of the artificial intelligence market in Australia and the number of AI tools users in the 'AI Tool Users' segment of the artificial intelligence market in the world. The Statista Market Insights cover a broad range of additional markets.

Explore the Computer Vision Market trends! Covers key players, growth rate 16.2% CAGR, market size $32.61 Billion, and forecasts to 2034. Get insights now!

The global computer vision market size was valued at USD 20.5 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 34.3 Billion by 2033, exhibiting a CAGR of 5.9% during 2025-2033. Asia Pacific currently dominates the market, holding a significant market share of over 41.0% in 2024, driven by rapid industrial automation, AI adoption, strong semiconductor production, and increasing investments in smart technologies.

IMARC Group provides an analysis of the key trends in each segment of the global computer vision market, along with forecast at the global, regional, and country levels from 2025-2033. The market has been categorized based on component, product type, application, and vertical.

According to Cognitive Market Research, the global Machine Vision Software Market size is USD 13951.5 million in 2024 and will expand at a compound annual growth rate (CAGR) of 13.30 % from 2024 to 2031.

North America held the major market of more than 40% of the global revenue with a market size of USD 5580.60 million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.5 % from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD 4185.45 million.
Asia Pacific held the market of around 23% of the global revenue with a market size of USD 3208.85 million in 2024 and will grow at a compound annual growth rate (CAGR) of 15.3 % from 2024 to 2031.
Latin America market of more than 5% of the global revenue with a market size of USD 697.58 million in 2024 and will grow at a compound annual growth rate (CAGR) of 12.7 % from 2024 to 2031.
Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 279.03 million in 2024 and will grow at a compound annual growth rate (CAGR) of 13.0 % from 2024 to 2031.
The 3D machine vision software held the highest Machine Vision Software Market revenue share in 2024.

Market Dynamics of Machine Vision SoftwareMarket

Key Drivers for Machine Vision SoftwareMarket

Rising Demand for Quality Inspection and Automation

The growing emphasis on quality control and automation across various industries is a major driver for the machine vision software market. As businesses strive to improve efficiency, reduce errors, and maintain consistent product quality, the demand for machine vision software solutions increases. These systems offer advanced capabilities for inspecting and identifying defects in real time, enabling manufacturers to enhance their production processes and minimize costly errors. Additionally, automation initiatives drive the adoption of machine vision software to streamline operations, optimize workflows, and achieve higher levels of productivity.

Technological Advancements and Innovation

The global surge in e-commerce is a pivotal force propelling the Machine Vision Software market forward. With online retailers vying to stand out and deliver captivating shopping experiences, the reliance on striking visuals is paramount. From product displays to promotional materials, visually compelling content is indispensable for attracting and retaining customers. Consequently, there's a mounting need for licensed Machine Vision software tailored to the diverse requirements of e-commerce platforms. This escalating demand underscores the market's growth trajectory as businesses seek high-quality, licensable images to bolster their online presence and drive sales in the fiercely competitive digital landscape.

Restraint Factor for the Machine Vision Software Market

Complex Implementation Challenges

The complexity of integrating machine vision software into existing systems poses a significant restraint for the market. Many businesses face challenges in adapting their infrastructure to accommodate machine vision solutions, leading to prolonged implementation times and increased costs. Compatibility issues with legacy equipment, customization requirements, and the need for specialized expertise further complicate the deployment process. As a result, some companies may hesitate to invest in machine vision software, limiting market growth and adoption rates

Impact of Covid-19 on the Machine Vision Software market

The COVID-19 pandemic has profoundly impacted the machine vision software market. With increased social distancing measures and remote work, businesses are turning to automation, driving up demand for machine vision software. For instance, in 2021, Pfizer utilized machine vision software to inspect vaccines for contamination, ensuring safety with precision. However, supply chain disruptions and economic uncertainty have tempered market growth, resulting in cautious technology investments. As the pandemic persists, the industry faces a mix of challenges and opportunities, navigating uncertainties while meeting heightened demand for automated solutions.. Introduction of the Machine Vision Software Market

The machine vision software market is witnessing rapid growth driven by increasing automation demands, and quality control needs across industries. With advancements in artificial intelligence and computer vision technologies, mac...

Machine Vision Market was valued to be worth USD 14,571.29 Million in 2024 and is projected to grow at CAGR of 9.8% from 2025 to 2032 with value of USD 28,615.08 Million by 2032. Additionaly, Market value is set to reach USD 15,659.77 Million in 2025.

The global 3D Machine Vision Market is projected to reach USD 26.24 billion by 2034 With at a CAGR of 14.1% during the forecast period.

According to Cognitive Market Research, The Global Deep Learning in Machine Vision market size will grow at a compound annual growth rate (CAGR) of 55.60% from 2023 to 2030.

The demand for deep learning in the machine vision market is rising due to theincreasing adoption of AI, deep learning and technical advancements in hardware and software.
Demand for software remains higher in the deep learning in the machine vision market.
The inspection category held the highest deep learning in machine vision market revenue share in 2023.
North America will continue to lead, whereas the Asia Pacific deep learning in machine vision market will experience the strongest growth until 2030.

Advancements in Deep Learning Algorithms to Provide Viable Market Output

One of the primary drivers of Deep Learning in the Machine Vision Market is the continuous advancements in deep learning algorithms. Deep learning methods, including convolutional neural networks (CNNs) and recurrent neural networks (RNNs), have demonstrated impressive abilities in detecting and identifying images and patterns. These algorithms are becoming increasingly sophisticated, enabling machines to accurately process and interpret visual data.

Microsoft has recently unveiled the next stage of its extensive collaboration with OpenAL. This long-term partnership involves a substantial investment spanning multiple years and billions of dollars. The primary objective is to expedite advancements in Al technology, with the ultimate goal of making these benefits accessible on a global scale.

(Source:blogs.microsoft.com/blog/2023/01/23/microsoftandopenaiextendpartnership/)

Large datasets that may be used to train deep neural networks have created new opportunities in a variety of fields, including autonomous cars, medical image analysis, and industrial quality control. Deep learning algorithms are improving the accuracy and speed of machine vision systems, which makes them more adaptable and appealing to a variety of sectors.

Growing Demand for Automation to Propel Market Growth

The growing demand for automation across industries. As businesses seek to improve operational efficiency, reduce production costs, and maintain consistent product quality, they turn to machine vision systems empowered by deep learning. These systems have the ability to carry out intricate functions, like identifying defects, recognizing objects, and analyzing gestures, at a speed and magnitude that exceeds what humans can achieve. Industries like automotive, electronics, and logistics are increasingly integrating deep learning-based machine vision solutions into their processes to ensure accuracy, minimize errors, and achieve higher productivity. The demand for automation, driven by factors like labor shortages, rising labor costs, and the need for 24/7 operations, is a significant growth driver in this market.

Market Dynamics of Deep Learning in Machine Vision

Data Privacy and Security Concerns to Hinder Market Growth

Data privacy and security issues significantly restrain the Deep Learning in Machine Vision Market. Deep learning algorithms rely heavily on vast datasets for training and continuous learning. However, collecting, storing, and utilizing sensitive visual data can raise concerns, especially in applications involving personal information, such as healthcare and surveillance. Ensuring compliance with data protection regulations, like HIPAA and GDPR, becomes a complex challenge for companies implementing machine vision systems. There is a growing need to balance leveraging machine vision for its advantages and safeguarding individuals' privacy rights. Addressing these concerns with robust data anonymization and encryption measures is vital to building trust and sustaining the market's growth. Additionally, the risk of data breaches and unauthorized access remains challenging, requiring continuous vigilance in an evolving threat landscape.

Impact of COVID–19 on the Deep Learning in Machine Vision Market

The COVID-19 pandemic significantly impacted the Deep Learning in Machine Vision Market. While the market was experiencing steady growth before the pandemic, the global health crisis accelerated the adoption of machine vision systems powered by deep learning algorithms. The need for automation and contactless solutions in various industries, including healthcare, manufacturing, and retail, became m...

The Artificial Intelligence in Machine Vision market has emerged as a transformative force across various industries, intertwining advanced algorithms with visual recognition technologies to deliver unparalleled accuracy and efficiency. By enabling machines to interpret visual data in real time, AI-powered machine v

The IoT Machine Vision Software market is experiencing robust growth, driven by the increasing adoption of smart devices and the need for advanced automation across diverse sectors. The market is segmented by software type (Modular and Integrated) and application (Automated Industry, Military, Aerospace, Security, and Others). While precise market size figures for 2025 are not provided, considering the significant growth in IoT and AI, we can reasonably estimate the 2025 market size to be around $2.5 billion, based on typical growth rates for similar software markets. Assuming a Compound Annual Growth Rate (CAGR) of 15%—a conservative estimate considering the technological advancements and industry adoption—the market is projected to reach approximately $6 billion by 2033. This growth is fueled by several key drivers: the increasing demand for real-time data analysis and improved operational efficiency in manufacturing, logistics, and security; the proliferation of affordable and high-performance sensors and processors; and advancements in artificial intelligence (AI) and machine learning (ML) algorithms that enhance image processing and object recognition capabilities. Significant trends shaping the market include the increasing adoption of cloud-based machine vision solutions for improved scalability and data management, the integration of edge computing for faster processing in real-time applications, and the rising focus on cybersecurity to protect sensitive data generated by machine vision systems. Restraints include the high initial investment costs associated with implementing machine vision systems, the complexity of integrating these systems into existing infrastructure, and the need for specialized expertise in software development and maintenance. The market is highly competitive, with both large established players like Intel, Cognex, and Teledyne Technologies, and smaller specialized companies like Pekat Vision and MVTec Software, vying for market share. The North American market currently holds a significant share, but substantial growth is anticipated in the Asia-Pacific region due to rapid industrialization and digital transformation initiatives.

In 2022, the global industrial machine vision market is projected to be worth US$ 8.45 billion. The market is anticipated to develop at a CAGR of 6.9% during the forecast period (2022 to 2032), to reach a valuation of US$ 16.46 billion by 2032

Report Scope

Explore the Machine Vision Market trends! Covers key players, growth rate 11.3% CAGR, market size $32.66 Billion, and forecasts to 2034. Get insights now!

The artificial intelligence [AI] camera market size and share are forecasted to reach USD 49.07 billion, projected a compound annual growth rate (CAGR) of 14.5% in 2032. Computer vision is expected to experience significant growth on account of its diverse applications and affordability.

According to Cognitive Market Research, the global machine vision market will be USD 13.2 billion in 2024 and will progress at a compound annual growth rate (CAGR) of 7.6% from 2024 to 2031. Market Dynamics of Machine Vision Market

Key Drivers for Machine Vision Market

Growth in 3D Vision Systems and Applications - The machine vision market is experiencing significant growth due to advancements in 3D vision systems and their applications. These systems offer enhanced accuracy and precision in capturing spatial data, leading to improved quality control and inspection processes. Industries such as electronics, automotive, and pharmaceuticals are increasingly adopting 3D vision technology to enhance production efficiency and reduce defects. Additionally, the integration of 3D vision systems with AI and machine learning is fostering more sophisticated analysis and automation, further propelling market growth.
Integration of smart technologies in industrial operations is anticipated to drive the machine vision market's expansion in the years ahead.

Key Restraints for Machine Vision Market

Shortage of skilled professionals for operation and maintenance poses a serious threat to the machine vision industry.
The market also faces significant difficulties related to restrictions in processing complex images.

Introduction of the Machine Vision Market

Machine vision refers to the technology enabling automated inspection and analysis of images and videos for various applications across industries. This includes quality control, defect detection, guidance of robots, and identification of objects or patterns. The market for machine vision is experiencing robust growth driven by advancements in artificial intelligence, 3D imaging, and deep learning algorithms. These technologies enhance the accuracy, speed, and reliability of vision systems, thereby improving operational efficiency and reducing costs in manufacturing and other sectors. Moreover, the increasing adoption of automation in industries such as automotive, electronics, and pharmaceuticals further propels demand. However, challenges such as high initial costs, complexity in integration, and the need for skilled labor pose restraints. Nonetheless, ongoing innovations in machine vision systems and their integration with smart manufacturing processes are expected to sustain market expansion globally.

The Computer Vision in Pharmaceutical market is rapidly evolving, driven by advancements in technology and the increasing need for efficiency in drug development and manufacturing processes. This innovative technology leverages artificial intelligence and machine learning to analyze visual data, enabling pharmaceuti