Computer vision (CV) is aiding numerous promising applications and revolutionizing the way people do things. According to new research from Omdia, the proof-of-concepts that started a few years ago are now going into production, with deployments across a wide range of applications.
Many businesses are realizing the value of vision and are starting to determine how to use CV technology for commercial benefit. Technology is evolving to address these needs. According to Omdia principal analyst Anand Joshi, “Deep learning has become the technology of choice for computer vision applications replacing classic computer vision techniques. This, in turn, is driving the need for new chipsets and software for CV applications.” Global CV market revenue is expected to grow from $2.9bn in 2018 to $33.5bn by 2025.
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