Market Forecast by Countries (United States, Canada), By Component (Hardware, Software), By Function (Training, Inference), By Application (Industrial, Non-industrial), By End Use (Automotive, Consumer Electronics, Healthcare, Retail, Security & Surveillance, Manufacturing, Agriculture, Transportation & Logistics) And Competitive Landscape
Product Code: ETC4623927 | Publication Date: Jul 2023 | Updated Date: Mar 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 300 | |
Report Name | North America AI In Computer Vision Market |
Forecast Period | 2025-2031 |
Market Size | USD 600-750 million by 2031 |
CAGR | 9.2% |
Growing Sector | Agriculture |
North America AI In Computer Vision Market report thoroughly covers the market By Countries, By Component, By Function, By Application, and By End Use. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The North America AI in Computer Vision Market was valued at approximately USD 90-140 million and will reach USD 600-750 million by 2031. The market will attain a CAGR of 9.2% during the forecast period. The industry is driven by increasing adoption across sectors such as security, healthcare, retail, and automotive.
North America AI In Computer Vision Market is witnessing a significant surge, driven by increasing demand for automation and efficient data processing in various sectors such as healthcare, agriculture, and automotive. With a growing emphasis on enhancing technological infrastructure and digital capabilities, several North American nations are progressively adopting AI technologies to solve local and global challenges. The North America AI In Computer Vision Market Growth is further propelled by the rise of startups and local enterprises aiming to leverage computer vision for innovative applications, from medical diagnosis to agricultural monitoring, making North America a dynamic and promising landscape for AI advancements.
According to 6Wresearch, the North America AI in Computer Vision Market size is anticipated to reach a CAGR of 9.2% during the forecast period of 2025-2031. The market is rapidly evolving, driven by the increasing demand for automation and efficient data processing in sectors such as agriculture, healthcare, and manufacturing. These industries are leveraging AI-driven computer vision technologies for tasks ranging from disease detection in crops to diagnostic imaging and quality control in production lines.
Additionally, the widespread adoption of mobile devices and improvements in internet infrastructure across the continent have played pivotal roles in facilitating the accessibility and implementation of these advanced technologies. However, one significant restraint is the lack of technical expertise and resources necessary for the development and maintenance of AI systems. Furthermore, concerns regarding privacy and data protection pose legal and ethical hurdles. Despite these challenges, the future of North America's AI in computer vision market is promising, with emerging opportunities in sectors such as fintech, where digital identity verification and fraud prevention are becoming increasingly important, and in urban planning, where AI can analyze satellite imagery to inform development strategies.
In recent years, North America has emerged as a global leader in AI and computer vision technologies, with the region witnessing significant growth and investment in this sector. One notable trend is the increasing use of deep learning algorithms to enhance image recognition and analysis capabilities. This enables more advanced applications such as facial recognition, object detection, and autonomous driving. Moreover, there has been a shift towards edge computing, where processing and analyzing data happens closer to its source rather than sending it to centralized servers. This allows for faster response times and improved security.
Another important trend is the integration of computer vision with other emerging technologies such as augmented reality (AR) and Internet of Things (IoT). This creates new possibilities for applications in areas such as smart homes, healthcare monitoring, and retail analytics. Additionally, the North American AI in computer vision market is also driven by the presence of major players and research institutions specializing in this field, along with supportive government initiatives to promote innovation.
With the growing demand for AI-driven computer vision technology, North America presents multiple investment opportunities. The increasing focus on research and development in this sector makes it an attractive market for companies looking to expand their presence and explore new ventures. Additionally, collaborations between academia and industry players have resulted in the development of groundbreaking solutions, providing further potential for investment.
Moreover, startups and emerging enterprises are continuously entering the market with innovative applications of AI in computer vision, creating opportunities for partnerships or acquisitions by larger companies. The region's established infrastructure also allows for easier access to resources such as skilled labor and advanced technologies, making it a favorable environment for growth and development.
The North America AI in Computer Vision Industry has witnessed significant growth due to the proactive role of governments across the continent in adopting and implementing policies that foster technological innovation. Various schemes aimed at digitizing economies, enhancing tech education, and supporting startups are pivotal in creating an ecosystem where AI and computer vision technologies can thrive. These initiatives are improving public services through smart applications and further attracting investment in the tech sector, propelling the region towards becoming a notable player in the global AI landscape. The establishment of AI and computer vision research labs by leading universities in North America has also contributed to the growth of the market.
The AI in computer vision market in North America is witnessing impressive growth, driven by several key players. Companies like Google, Microsoft, and IBM have been at the forefront, investing significantly in AI research and development on the continent. Local startups, such as DataProphet in South North America and InstaDeep in Tunisia, are also making remarkable strides, offering innovative AI solutions tailored to the unique challenges and opportunities in North America.
The North America AI in computer vision market is poised for significant expansion during the forecast period. The increasing availability of high-quality data, advancements in AI technologies, and growing investment in AI infrastructure are expected to fuel this growth. Furthermore, the rising demand for AI-based solutions in sectors such as agriculture, healthcare, and security promises to propel the market forward. With North America's youthful population increasingly becoming tech-savvy, the continent is set to play a pivotal role in shaping the future of AI in computer vision.
The report offers a comprehensive study of the subsequent market segments and their leading categories
The North American AI in computer vision market is dominated by the United States, owing to its well-established tech industry and research institutions.
According to Dhaval, Research Manager, 6Wresearch, software segment is expected to dominate the North America AI In Computer Vision Market Share over the forecast period due to the increasing development and deployment of AI algorithms and applications tailored to specific sectors such as agriculture and healthcare.
The training function dominate the North America Market and it is crucial for improving the accuracy and performance of AI algorithms, while inference allows for real-time decision making based on trained models.
The industrial sector dominates the North American AI in computer vision market due to its widespread adoption in manufacturing, retail, and automotive industries for tasks such as quality control, inventory management, and autonomous driving.
Agriculture sector is experiencing profound growth in the adoption of AI in computer vision in North America owing the significant demands for enhancing crop yields, optimizing resource management, and addressing food security concerns.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 North America AI In Computer Vision Market Overview |
3.1 North America Regional Macro Economic Indicators |
3.2 North America AI In Computer Vision Market Revenues & Volume, 2021 & 2031F |
3.3 North America AI In Computer Vision Market - Industry Life Cycle |
3.4 North America AI In Computer Vision Market - Porter's Five Forces |
3.5 North America AI In Computer Vision Market Revenues & Volume Share, By Countries, 2021 & 2031F |
3.6 North America AI In Computer Vision Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.7 North America AI In Computer Vision Market Revenues & Volume Share, By Function, 2021 & 2031F |
3.8 North America AI In Computer Vision Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 North America AI In Computer Vision Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 North America AI In Computer Vision Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 North America AI In Computer Vision Market Trends |
6 North America AI In Computer Vision Market, 2021 - 2031 |
6.1 North America AI In Computer Vision Market, Revenues & Volume, By Component, 2021 - 2031 |
6.2 North America AI In Computer Vision Market, Revenues & Volume, By Function, 2021 - 2031 |
6.3 North America AI In Computer Vision Market, Revenues & Volume, By Application, 2021 - 2031 |
6.4 North America AI In Computer Vision Market, Revenues & Volume, By End Use, 2021 - 2031 |
7 United States AI In Computer Vision Market, 2021 - 2031 |
7.1 United States AI In Computer Vision Market, Revenues & Volume, By Component, 2021 - 2031 |
7.2 United States AI In Computer Vision Market, Revenues & Volume, By Function, 2021 - 2031 |
7.3 United States AI In Computer Vision Market, Revenues & Volume, By Application, 2021 - 2031 |
7.4 United States AI In Computer Vision Market, Revenues & Volume, By End Use, 2021 - 2031 |
8 Canada AI In Computer Vision Market, 2021 - 2031 |
8.1 Canada AI In Computer Vision Market, Revenues & Volume, By Component, 2021 - 2031 |
8.2 Canada AI In Computer Vision Market, Revenues & Volume, By Function, 2021 - 2031 |
8.3 Canada AI In Computer Vision Market, Revenues & Volume, By Application, 2021 - 2031 |
8.4 Canada AI In Computer Vision Market, Revenues & Volume, By End Use, 2021 - 2031 |
9 North America AI In Computer Vision Market Key Performance Indicators |
10 North America AI In Computer Vision Market - Opportunity Assessment |
10.1 North America AI In Computer Vision Market Opportunity Assessment, By Countries, 2021 & 2031F |
10.2 North America AI In Computer Vision Market Opportunity Assessment, By Component, 2021 & 2031F |
10.3 North America AI In Computer Vision Market Opportunity Assessment, By Function, 2021 & 2031F |
10.4 North America AI In Computer Vision Market Opportunity Assessment, By Application, 2021 & 2031F |
10.5 North America AI In Computer Vision Market Opportunity Assessment, By End Use, 2021 & 2031F |
11 North America AI In Computer Vision Market - Competitive Landscape |
11.1 North America AI In Computer Vision Market Revenue Share, By Companies, 2024 |
11.2 North America AI In Computer Vision Market Competitive Benchmarking, By Operating and Technical Parameters |
12 Company Profiles |
13 Recommendations |
14 Disclaimer |