Among all industries in the industrial vertical, the market for the food and packaging industry is expected to grow at the highest rate between 2018 and 2023. The growth of the market for the food industry and packaging industry is attributed to the increasing implementation of government rules pertaining to safety in manufacturing plants and rising necessity to identify and combat counterfeit products. The packaging industry is experiencing a sharp growth due to the booming e-commerce industry worldwide, especially in China and India. As a result, this industry is adopting automatized operation systems to meet the increasing consumer demand. Among all industries in the non-industrial vertical, the market for the autonomous and semiautonomous vehicles industry is expected to grow at the highest rate between 2018 and 2023. The ongoing developments in advanced safety systems, such as computer vision-integrated ADAS systems, are fueling the growth of the computer vision market for the autonomous and semiautonomous vehicles.

Market Analysis and Insights: Global Computer Vision Market
The global Computer Vision market size is projected to reach US$ 13380 million by 2027, from US$ 8720 million in 2020, at a CAGR of 6.2% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Computer Vision market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Computer Vision market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Computer Vision market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Computer Vision market.

Global Computer Vision Scope and Market Size
Computer Vision market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Computer Vision market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
PC Based
Smart Camera Based

Segment by Application
Quality Control and Inspection
Positioning and Guidance
Measurement
Identification
Predictive Maintenance

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
Cognex
Basler
Omron
Keyence
National Instruments
Sony
Teledyne Technologies
Texas Instruments
Intel
Baumer Optronic
Jai A/S
Mvtec Software
Isra Vision
Sick
Mediatek
Cadence Design Systems
Ceva
Synopsys