Computer Vision Market To Reach $82.1 Billion, Globally, By 2032 At 18.7% Cagr: Allied Market Research

The global computer vision market is experiencing rapid growth due to factors such as faster processing, better accuracy, and economic advantage of computer vision systems. The market is estimated to reach $82.1 billion by 2032, exhibiting a CAGR of 18.7% from 2023 to 2032. Drivers of the market include faster processing, better accuracy, and economic advantage of computer vision systems. Restraints include the intense requirement of highly skilled and experienced professionals and user data privacy and safety concerns. Opportunities include the growing application of computer vision in non-industrial applications and advancements in the field of computer vision and AI.