The vision processing unit is well-defined as the microprocessor, which anticipates accelerating machine vision with artificial intelligence technologies. The vision processing unit is suitable for different categories of machine vision algorithms, which includes image processing, video processing, and others. The vision processing unit is also used to recognize the memory of an object, which provides programmable use for visualizing the objects in 3 dimensions. It is a specific process that is made to do tasks which includes processing, acquiring, analyzing, and understanding digital image. The vision processing unit market is witness growth due to a surge in the adoption of machine vision systems by a wide range of businesses, including consumer automotive, electronics, healthcare, and manufacturing, among others.
MARKET DYNAMICS
Increasing demand for machine learning and artificial intelligence technologies, increasing demand for high computational capability, growing demand for computer vision applications, and high capacity of GPUS and CPUs for industrial vision systems are some of the factors driving the growth of the vision processing unit market. However, the complex programming of the system on which VPU is merged is expected to restrain the growth of the vision processing unit market. Nonetheless, a rise in demand for high-end computing capabilities, an increase in the adoption of smartphones for computer and machine vision, and growth in stringent government regulation toward mission vision systems are helping the vision processing unit market to grow.
MARKET SCOPE
The "Global Vision Processing Unit Market Analysis to 2028" is a specialized and in-depth study of the Vision processing unit market with a special focus on the global market trend analysis. The report aims to provide an overview of Vision processing unit market with detailed market segmentation by application, industrial vertical, fabrication process. The global Vision processing unit market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Vision processing unit market players and offers key trends and opportunities in the Vision processing unit market.
MARKET SEGMENTATION
The global Vision processing unit market is segmented on the basis of application, industrial vertical, fabrication process. On the basis of application, the market is segmented as smartphones, drones, cameras, AR/VR, ADAS. On the basis of industrial vertical, the market is segmented as consumer electronics, security and surveillance, automotive, others. On the basis of fabrication process, the market is segmented as less or equal to 16 nm, more than 16-28 nm.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Vision processing unit market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Vision processing unit market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Vision processing unit market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the Vision processing unit market in these regions.
MARKET PLAYERS
The reports cover key developments in the Vision processing unit market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Vision processing unit market are anticipated to lucrative growth opportunities in the future with the rising demand for Vision processing unit market. Below mentioned is the list of few companies engaged in the Vision processing unit market.
The report also includes the profiles of key Vision processing unit market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Samsung
- Movidius
- NXP Semiconductor
- Cadence
- Ceva
- Mediatek
- Hisilicon Technologies (Huawei)
- Inuitive
- Lattice Semiconductor
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.