Image Processing Unit Market 2019-2027: Credence Research – Industry Size, Trends & Forecast

Global Image Processing Unit Market worldwide was valued at US$ 1,050.0 Mn in 2018 and is set to grow with a CAGR of 18.5% during the forecast period.

SANJOSE, United States - October 3, 2019 /MarketersMedia/ —

The overall market for image processing units globally was valued at US$ 1,050.0 million in 2018 and is expected to grow with a CAGR of 18.5 percent over the forecast period." (According to a research study recently published by Credence Research.")

The growing adoption of Artificial Intelligence and Deep Learning is a major factor driving the growth of the Image Processing Unit Market. Artificial Intelligence allows computers to perform tasks such as learning, problem-solving, and reasoning that involve human intelligence in general. Artificial Intelligence collects, stores and investigates the large volumes of real-time data. Increasing adoption of the premium smartphone, growing adoption of the Artificial Intelligence edge, and increasing demand for computer and machine vision high-end computing skills that act as a significant catalyst behind the development of the industry.

Some of the other factors that drive the market demand for the advanced surveillance camera integrated with the IPUs are rising security concerns across different parts of the world and mounting the use of the advanced high-power processor for real-time monitoring. Applications such as surveillance & rescue, high-altitude imaging, emergency response, forest fire assessment, humanitarian aid, flood mapping, item delivery, petroleum spill analysis, net connectivity & photography are the main areas that raise the cost for high-quality picture processing and thus drive the market at a higher speed.

Browse Full Report Originally Published by Credence Research @ https://www.credenceresearch.com/report/image-processing-units-market

8k has better dynamic range performance based on product type, the better color or better overall contrast ratio will give a much better look than the one that just has more pixels. The 28 nm technology is used to manufacture Intel's Movidius Myriad 2, which is used in most edge devices. In addition, the Segment of Security & Surveillance continues to enjoy the significant market share throughout the forecast period, based on application. Only the short video can be shared by intelligent surveillance camera after noticing the serious threats that require direct human involvement.

The implementation of technology for image processing in the automotive, consumer electronics, robotics, and manufacturing industries contributes to the development of the market for image processing units. In the coming years, the driving dead of high and reliable machine visions from the many manufacturing industries is anticipated to have a positive impact on the market of image processing units. In addition, ongoing study and advances in digital image processing units are expected in the near future to generate multiple market growth possibilities. Moreover, the increasing use of drones in surveillance applications is endorsing the adoption of image processing units that contribute dynamically to market growth.

North America dominates the image processing unit market followed by Europe. The key factor driving the growth of North America's image processing unit market is the higher rate of adoption of new and advanced technologies in industrial applications. In addition, the existence of major producers and the increasing introduction of AI across a number of industry verticals are contributing to market growth in the North American region. In addition, Asia Pacific is the fastest-growing region on the market for image processing units. It is expected that the increasing adoption of industrial automation and robotics will drive market growth in image processing units in the coming years.

Major companies profiled in the report include:
Fujitsu,
Sony,
Intel, THine Electronics,
Renesas,
Texas Instruments,
ON Semiconductor,
Socionext,
STMicroelectronics,
MediaTek
Helion GmbH

You can get the sample copy of this research by Credence Research here: https://www.credenceresearch.com/sample-request/59940

About Credence Research (Original Publisher)
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we've manufactured a firm extraordinarily prepared to this task.

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Website: https://www.credenceresearch.com/report/image-processing-units-market

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