The AI in Computer Vision Market was valued at approximately US$ 13.75 billion in 2022 and is projected to grow to around US$ 135.44 billion by 2030. This market is anticipated to experience a compound annual growth rate (CAGR) of 33.1% from 2022 through 2030.

The AI in Computer Vision Market in Europe is divided into several regions, including Germany, the UK, France, Italy, Russia, and other parts of Europe. Germany is expected to dominate the market share throughout the forecast period. Numerous companies in Germany are actively developing new technologies for autonomous driving. For example, in February 2023, Deutsche Bahn (DB) launched its first project featuring autonomous on-demand vehicles in the Rhine-Main area. The initial deployment included one autonomous vehicle in Darmstadt, followed by an additional 14 vehicles. Out of these, eight are currently operating in the Offenbach district, while seven are active in Darmstadt. Furthermore, in November 2023, BMW announced that its new BMW 7 Series would offer Level 3 automated driving capabilities starting next spring for customers in Germany. Additionally, in September 2022, Mobileye introduced a robotaxi service in Germany, collaborating with the German rental car company Sixt and Moovit, which was acquired by Intel for US$ 900 million. The computer vision technology plays a crucial role in enabling autonomous vehicles to identify objects, thus significantly contributing to the growth of the AI in computer vision market in Germany.

In the Asia Pacific region, the AI in Computer Vision Market is categorized into China, Japan, South Korea, India, Australia, and other APAC countries. China is projected to hold the largest market share during the forecast period. As a global manufacturing powerhouse, China is heavily involved in the import and export of vast quantities of goods, which has spurred the demand for sophisticated and efficient technologies in its manufacturing sectors. Moreover, both private and public sector investments in advanced technologies are driving the adoption of AI-based computer vision solutions. Beijing, as the political and economic hub of China, plays a pivotal role in the innovation and implementation of AI technologies. Since 2016, Beijing has introduced various policies aimed at fostering the growth of the AI industry, including initiatives to promote innovation and the development of the intelligent robotics sector in Zhongguancun. These policies align with national planning priorities and position Beijing as a leader in AI development compared to other cities. Such factors are expected to significantly impact the growth of the AI in computer vision market.

Key players in the AI in computer vision market include Advanced Micro Devices Inc., Cognex Corp., General Electric Co., Intel Corp., Microsoft Corp., Qualcomm Inc., Teledyne Technologies Inc., NVIDIA Corp., BASLER AG, and International Business Machines Corp. These companies are profiled in this market analysis.

The overall size of the AI in computer vision market has been determined through a combination of primary and secondary research methods. Extensive secondary research has been conducted using both internal and external sources to gather qualitative and quantitative data regarding the AI in Computer Vision Market size. This research process also aids in providing a comprehensive overview and forecast of the market across all segments. Additionally, numerous primary interviews have been carried out with industry stakeholders to validate the collected data and obtain analytical insights. This process includes discussions with industry experts such as vice presidents, business development managers, market intelligence managers, and national sales managers, as well as external consultants like valuation experts, research analysts, and key opinion leaders specializing in the AI in computer vision sector.