Global Tech Markets Surge: AI, Computational Photography to Hit $46.2B by 2032

May 16, 2024
Global Tech Markets Surge: AI, Computational Photography to Hit $46.2B by 2032
  • 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


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