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Anand Joshi of Tractica delivers the presentation, "Computer Vision and Artificial Intelligence: Market Trends and Implications," at the December 2015 Embedded Vision Alliance Member Meeting. Joshi presents market forecasts for vision in robotics, consumer, automotive, medical and other sectors.
4. Computer Vision - Technology
Computers are notoriously inadequate
Humans derive information based on context
Unknown solution to unknown problem
Deep learning technologies are emerging as front runner
100% accuracy still remains elusive
OCR, one of the oldest computer vision technology, is yet to exceed 99%
accuracy
Device side vs server side processing
Embedded devices
GPUs and FPGAs
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5. Computer Vision Market
Six key application areas
Automotive, sports & entertainment, consumer & mobile, robotics &
machine vision, medical, and security & surveillance
Devices (hardware) make up majority of market
Different business models
Software-as-a-service
Technology licensing
One time payment
Pay-as-you-go
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6. Key Market Trends
Fragmented. Startup dominated. Like a “rookie quarterback”
Ready for takeoff
“Killer apps” are eagerly awaited
Different drivers in different markets
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10. Computer Vision in Automotive
Key applications
Advanced driver assistance systems, obstacle detection systems,
parking assist, driver alertness monitoring, lane departure warning…
Dominated by hardware
Ultimate vision: autonomous vehicles
Drivers and challenges
Regulations
Buzz generated by self driving cars
Liability issues
Human factors (do I really trust my car more than me?)
Security
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11. $0
$1,000
$2,000
$3,000
$4,000
$5,000
$6,000
2014 2015 2016 2017 2018 2019
($Millions)
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Computer Vision in Automotive
11
(Source: Tractica)
The market is expected to increase from $1.28 billion in 2014 to $5.5 billion in
2019 at a CAGR of 33.7%.
15. $0
$1,000
$2,000
$3,000
$4,000
$5,000
$6,000
2014 2015 2016 2017 2018 2019
($Millions)
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Computer Vision in Robotics
& Machine Vision
15
(Source: Tractica)
The market will reach $5.49 billion by 2019 from $1.52 billion in 2014 at
a CAGR of 29%
17. $0
$200
$400
$600
$800
$1,000
$1,200
$1,400
$1,600
2014 2015 2016 2017 2018 2019
($Millions)
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Computer Vision in Medical
17
(Source: Tractica)
The medical market will grow at a CAGR of 22.7% to $1.5 billion
by the year 2019.
19. $0
$200
$400
$600
$800
$1,000
$1,200
$1,400
$1,600
2014 2015 2016 2017 2018 2019
($Millions)
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Computer Vision in Sports & Entertainment
19
(Source: Tractica)
The sports and entertainment market is expected to grow at a CAGR of
25.9% to $1.37 billion by 2019.
21. Computer Vision in Security & Surveillance
21
$0
$200
$400
$600
$800
$1,000
$1,200
$1,400
$1,600
2014 2015 2016 2017 2018 2019
($Millions)
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
(Source: Tractica)
$0
$500
$1,000
$1,500
$2,000
$2,500
2014 2015 2016 2017 2018 2019
($Millions)
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
The security and surveillance market is expected to reach $1.9 billion by 2019, growing
from $381 million in 2014 at a CAGR of 38.2%.