The Global Computer Vision market accounted for $11.04 billion in 2017 and is expected to reach $23.78 billion by 2026 growing at a CAGR of 8.9% during the forecast period.
Increasing need for quality inspection and automation, rising demand for vision-guided robotic systems and high adoption of 3d computer vision systems are the major factors driving the market growth. However, Lack of Flexible Computer Vision Solutions is restraining market growth.