Global Vision Processing Unit Market Is Anticipated To Reach Around USD 8.73 Billion By 2032

Zion Market Research has published a new report titled “Vision Processing Unit Market By Application (Smartphones, Drones, Cameras, AR/VR, Medical Devices, Robots, and Autonomous Vehicles), By Vertical (Consumer Electronics, Security & Surveillance, Automotive, Industrial, Healthcare, and Others), and By Fabrication Process (=16 nm and >16–28 nm): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2024–2032”. According to the report, the global vision processing unit market was USD 3.06 Billion in 2023 and is expected to reach around USD 8.73 Billion By 2032, at a CAGR of approximately 12.34% between 2024 and 2032.

Vision processing units are different in comparison to video processing units. Vision processing units are suitable for running machine vision algorithms like convolution neural networks and scale-invariant feature transform. These units use a direct interface to capture date from cameras.

Browse the full “Vision Processing Unit Market By Application (Smartphones, Drones, Cameras, AR/VR, Medical Devices, Robots, and Autonomous Vehicles), By Vertical (Consumer Electronics, Security & Surveillance, Automotive, Industrial, Healthcare, and Others), and By Fabrication Process (=16 nm and >16–28 nm): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2024–2032” Report at https://www.zionmarketresearch.com/report/vision-processing-unit-market

The vision processing unit market is anticipated to witness notable growth in the upcoming years, owing to the rising adoption of machine vision systems across numerous industry verticals, such as manufacturing, consumer electronics, healthcare, and automotive. It is a dedicated processor that helps in capturing high-quality images with ambient light reducing power consumption by freeing CPU and GPU space. This, in turn, enhances the overall performance of the product it is integrated with. Moreover, the rising adoption of artificial intelligence across various industries along with the increasing requirement of machine learning technologies to program the systems is also anticipated to support the vision processing unit market globally in the years ahead. Many industries like automobile and manufacturing are using numerous robots with vision abilities and increasing their implementation for quality checks, product inspection, assistance in production stages, and security and surveillance among others. This is another vital growth factor of the market for the vision processing unit.

The vision processing unit market is fragmented on the basis of application, vertical, and fabrication process. By application, the vision processing unit market includes drones, smartphones, cameras, medical devices, AR/VR, autonomous vehicles, and robots. Smartphones are anticipated to hold a major market share, owing to the increasing use of smartphones globally.

Based on vertical, the vision processing unit market comprises consumer electronics, security and surveillance, automotive, industrial, healthcare, and others. Consumer electronics has been among the top revenue-generating segments, due to the rising implementation of VPUs in wearable devices, smartphones, drones, and digital cameras with less power consumption. Numerous players are working to enhance battery performance by distributing the workload to different units. Moreover, the automobile sector is projected to witness significant growth over the projected period, owing to the wide-scale adoption of electronics in automobiles, such as driver assistance systems, infotainment, etc.

North America is expected to witness substantial growth in the vision processing unit market in the years ahead, owing to the technologically advanced countries of the U.S and Canada, rising adoption rate of machine language, and the regional presence of artificial intelligence and machine language vendors.

Some noticeable players of the vision processing unit market are Movidius, Samsung, NXP Semiconductors, Cadence, Google, HiSilicon Technologies, MediaTek, Synopsys, and Imagination Technologies.

This report segments the global vision processing unit market into:

Vision Processing Unit Market: Application Analysis

• Smartphones
• Drones
• Cameras
• AR/VR
• Medical Devices
• Robots
• Autonomous Vehicles

Vision Processing Unit Market: Vertical Analysis

• Consumer Electronics
• Security and Surveillance
• Automotive
• Industrial
• Healthcare
• Others

Vision Processing Unit Market: Fabrication Process Analysis

• ≤16 nm
• >16–28 nm

Vision Processing Unit Market: Regional Analysis

• North America
  • The U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• The Middle East and Africa

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