Vision Processing Unit Market Is Expected To Grow Usd 4.65 Billion At A 18.70% Cagr By 2030- Report By Market Research Future (mrfr)

The Vision Processing Unit Market is expected to reach a valuation of approximately USD 4.65 Billion by the end of 2030, growing at a robust CAGR of over 18.70%. The growth of the market can be attributed to the increasing demand for artificial intelligence (AI) and machine learning (ML) technologies in various applications, including autonomous vehicles, drones, and robotics. The rise of edge computing and the need for low-power and high-performance computing solutions are also driving factors for the growth of the market. However, the vision processing unit market faces several challenges, including the lack of standardization in the market and the high cost of development and deployment of vision processing units.