Global Tech Markets Surge: AI, Computational Photography to Hit $46.2B by 2032
May 15, 2024
The global computational photography market is anticipated to reach USD 46.2 billion by 2032, led by North America with the Asia-Pacific region predicted to have substantial growth.
Innovations by industry leaders like Apple, Samsung, and Adobe in camera modules, software, and imaging are propelling the computational photography market.
The AI in Computer Vision market is expected to expand from USD 16.94 billion in 2023 to USD 118.56 billion by 2033, with a CAGR of 21.48%, fueled by automation, advanced neural networks, and diverse industry applications.
The Artificial Intelligence Chipset Market is forecasted to hit USD 218.85 billion by 2030, growing at a CAGR of 40%, spurred by the rising demand for AI-enabled devices.
North America is a key player in AI chipset design and semiconductor manufacturing, while the Asia Pacific region is poised for rapid growth with significant investments from entities like Softbank.
The adoption of high-quality projectors in corporate and educational sectors, along with an expanding base of smartphone users, is expected to drive further market growth.
Summary based on 5 sources
Get a daily email with more AI stories
Sources

SPHERICAL INSIGHTS LLP • May 15, 2024
Global AI in Computer Vision Market Size To Exceed USD 118.56 Billion By 2033| CAGR of 21.48%
BioSpace • May 14, 2024
Artificial Intelligence in Genomics Market Size US$ 16,431.16 Million by 2033
SNS Insider • May 15, 2024
Computational Photography Market Surges as Advanced Algorithms Redefine Image Processing