India
computer vision market is anticipated to grow at a robust pace during the
forecast period, 2025-2029. Computer vision is a field of artificial
intelligence that enables machines to perceive and understand visual information.
It has many applications in various domains, such as security, healthcare,
education, entertainment, and agriculture. India is one of the leading
countries in computer vision research and development, with several institutes,
companies, and startups working on innovative solutions for various challenges.
Computer vision is an exciting and rapidly evolving field that holds great
promise for the future. With the advancement of deep learning techniques,
computer vision algorithms will continue to become more accurate and efficient
in recognizing and understanding visual data. Computer vision will increasingly
be integrated with other emerging technologies such as augmented reality,
virtual reality, and autonomous systems, enabling new applications and
experiences.
With
the increasing need for real-time processing of visual data, edge computing
will become more prevalent, allowing devices to process and interpret visual
data locally rather than sending it to the cloud. Computer vision has great
potential in healthcare, from medical imaging to remote patient monitoring and
diagnosis. As security concerns continue to grow, computer vision will play an
important role in enhancing security and surveillance capabilities. Computer
vision be a key technology for enabling safe and reliable autonomous vehicles,
allowing them to perceive and navigate their environment. As computer vision
becomes more pervasive, there is an increasing focus on the ethical and
regulatory implications of its use, including issues around privacy, bias, and
accountability. Thus, the future of computer vision looks promising, with
continued advancements enabling new and exciting applications across a wide
range of industries and domains.
Rapid
Advancements Made in Robots Using Vision-Guided Systems is Fueling The Market
Growth
Rapid
advancements in vision-guided robotics systems are driving the growth of the
India computer vision market. Vision-guided robotics systems use computer
vision technologies to enable robots to perform tasks that require visual
perception, such as object recognition, tracking, and manipulation. These
systems are being increasingly used in various industries, such as
manufacturing, automotive, and healthcare, to improve efficiency, accuracy, and
safety. The use of computer vision in robotics is fueling the growth of the
India computer vision market. With the development of computer vision
technology, the demand for more sophisticated vision-guided robotics systems is
expected to increase. These systems will enable robots to perform tasks that
were previously difficult or impossible, such as navigating complex
environments or identifying objects with high accuracy. Computer vision is also
being used in a wider range of industries, such as healthcare, manufacturing, and
logistics. They also reduce the need for expensive and time-consuming fixtures,
templates, or markers that are used to guide robots in traditional methods.
Vision-guided systems can adapt to changes in the environment or the task
without requiring manual intervention or reprogramming. These systems also
improve the quality and consistency of the output by minimizing errors and
defects.
As
robots become more intelligent and capable with the help of computer vision,
they will be able to take on more roles and responsibilities in various
domains. This will create new opportunities and challenges for businesses and
consumers alike. Vision-guided systems are not only fueling the market for
computer vision but also transforming the future of robotics.
Rising
Demand for Electric Vehicles (EVs) Is Driving the Computer Vision Market
The
rising demand for EVs is driving the growth of the India computer vision
market. Computer vision technologies are increasingly being used in EVs to
improve safety, navigation, and driver assistance systems. These systems use
cameras and other sensors to collect visual data and use computer vision
algorithms to interpret that data and make decisions in real-time. One example
of this is the use of computer vision in advanced driver assistance systems
(ADAS), which are becoming increasingly common in EVs. ADAS systems use
computer vision to detect and respond to potential hazards on the road, such as
pedestrians, other vehicles, and obstacles. These systems can help prevent
accidents and improve overall safety for drivers and passengers. The growth of
the EV market is fueling the adoption of computer vision technologies in
automotive applications. The increasing demand for EVs is driving the adoption
of computer vision technologies in the automotive industry. Computer vision is
used in various applications in EVs, such as advanced driver-assistance systems
(ADAS), self-driving cars and virtual reality (VR) and augmented reality (AR).
Computer vision is used to help ADAS systems detect objects and hazards in the
road environment. Computer vision is a critical technology for self-driving
cars, as it allows them to perceive their surroundings and make decisions about
how to navigate. Computer vision is used to power VR and AR experiences in EVs,
such as head-up displays and in-car entertainment systems.
In
conclusion, the rising demand for EVs is driving the India computer vision
market. Computer vision has many applications in EVs that can offer various
benefits for users and society. As technology advances and consumer preferences
change, computer vision will play an increasingly important role in shaping the
future of mobility.
Privacy
and Security Concerns
Privacy
and security concerns are challenges to the India computer vision market. As more
businesses rely on technology to manage their operations and store sensitive
data, the risk of cyberattacks and data breaches has increased significantly.
Computer vision providers play a critical role in addressing these concerns by
offering a range of security and privacy solutions to protect their clients'
data and systems. Cyberattacks are becoming increasingly sophisticated and
frequent, and Computer vision providers need to implement robust security
measures to protect their clients' data and systems. With the increasing amount
of personal and sensitive data being collected by businesses, there is growing
concern over how this data is being used and protected. Businesses need to
comply with a range of regulations and standards related to data privacy and
security. Computer vision providers need to help their clients stay compliant.
With the increasing use of cloud computing, there is a growing need for
computer vision providers to offer robust cloud security solutions to protect
their clients' data and applications. Insider threats, such as employees with
malicious intent, can pose a significant risk to businesses, and computer
vision providers need to implement measures to prevent and detect such threats.
Surge
in the usage of Industry 4.0 technologies
Surge
in the usage of Industry 4.0 technologies is driving the growth of the India
computer vision market. Industry 4.0, also known as the Fourth Industrial
Revolution, refers to the integration of advanced technologies such as
artificial intelligence, the Internet of Things (IoT), and robotics into
manufacturing and other industrial processes.
Computer
vision plays a critical role in Industry 4.0 by enabling machines to perceive
and interpret visual data in real-time. For example, computer vision can be
used to monitor production lines, detect defects in products, and optimize
logistics and supply chain operations.
The
adoption of Industry 4.0 technologies is expected to grow rapidly in the coming
years, as more and more companies seek to improve efficiency, reduce costs, and
enhance quality through automation and digitization.
As
the adoption of Industry 4.0 technologies continues to grow, it can be expected
to witness increasing demand for computer vision solutions that enable machines
to perceive and interpret visual data, which, in turn, will drive the growth of
the India computer vision market during the forecast period.
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Market
Segmentation
Based
on component, the market is segmented into hardware and software. Based on
product type, the market is segmented into smart camera-based and PC-based.
Based on application, the market is further bifurcated into quality assurance
& inspection, positioning & guidance, measurement, identification, 3D
visualization & interactive 3D modelling, and predictive maintenance. Based
on vertical, the market is further split into industrial and non-industrial.
Based on region, the market is segmented into North India, South India, West
India, and East India.
Market
Players
The
computer vision market in India is a thriving industry that has grown
significantly in recent years. Some of the key players in the Indian Computer
vision market include SensoVision Pvt Ltd, Netradyne Technology India Pvt ltd,
Uncanny Vision Solutions Pvt Ltd, SigTuple Technologies Pvt. Ltd., CamCom Technologies
Private Limited, Tonko Imaging India Pvt Ltd, ClearQuote Technologies India
Pvt, Cron AI, DEEVIA Software India Pvt Ltd, and NeuroPixel.AI
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Attribute
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Details
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Base Year
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2023
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Historic Data
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2019
– 2022
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Estimated Year
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2024
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Forecast Period
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2025–
2029
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Quantitative Units
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Revenue in USD Million and CAGR for 2019-2023 and 2025-2029
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Report coverage
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Revenue
forecast, company share, growth factors, and trends
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Segments covered
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By
Component
By
Product Type
By
Application
By Vertical
By Region
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Country scope
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India
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Regional scope
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North India, South India, East India, West India
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Key companies profiled
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SensoVision Pvt Ltd, Netradyne Technology India Pvt ltd,
Uncanny Vision Solutions Pvt Ltd, SigTuple Technologies Pvt. Ltd., CamCom
Technologies Private Limited, Tonbo Imaging India Pvt Ltd, ClearQuote
Technologies India Pvt, Cron AI, DEEVIA Software India Pvt Ltd, NeuroPixel.AI
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Customization scope
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10% free report customization with purchase. Addition or
alteration to country, regional & segment scope.
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Pricing and purchase options
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Avail
customized purchase options to meet your exact research needs. Explore purchase options
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Delivery Format
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PDF
and Excel through Email (We can also provide the editable version of the
report in PPT/Word format on special request)
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Report
Scope:
In this report,
the India Computer vision market has been segmented into the following
categories, in addition to the industry trends which have also been detailed
below:
- Computer Vision Market, By
Component:
- Computer Vision Market, By Product
Type:
- Smart Camera-Based
- PC-Based
- Computer Vision Market, By
Application:
- Quality Assurance & Inspection
- Positioning & Guidance
- Measurement
- Identification
- 3D Visualization & Interactive
3D Modelling
- Predictive Maintenance
- India Computer Vision Market, By
Vertical:
- Industrial
- Non-Industrial
- India Computer vision Market, By
Region:
- North India
- South India
- East India
- West India
Competitive
Landscape
Company
Profiles: Detailed
analysis of the major companies present in the India Computer vision market.
Available
Customizations:
With the given
market data, TechSci Research offers customizations according to a company's
specific needs. The following customization options are available for the
report:
Company
Information
- Detailed analysis and profiling of
additional market players (up to five).
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computer vision market is an upcoming report to be released soon. If you wish
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