According to a new report by MarketsandMarkets, the global AI in computer vision market is expected to be valued at USD 17.2 billion in 2023 and is projected to reach USD 45.7 billion by 2028, growing at a CAGR of 21.5%. Advancements in deep learning algorithms, increased data availability, faster and cheaper computing power, and advancements in hardware technology like GPU and TPU are the driving factors of the market.
