Machine Vision Market is anticipated to reach USD 11,997.6 Million at a CAGR of 8.8% CAGR by 2030 – Report by Market Research Future (MRFR)

The global Machine Vision Market Size was worth USD 11,997.6 million in 2021 and is expected to be worth USD 23,855.7 million by 2030, growing at an 8.8% CAGR between 2022 and 2030.

Machine vision is a computer’s ability to see; it makes use of one or more video cameras, analog-to-digital conversion (ADC), and digital signal processing (DSP). The resulting information is sent to a computer or robot controller. The terms machine vision and computer vision are sometimes used interchangeably. To accelerate image processing, the technology is frequently combined with artificial intelligence (AI), machine learning, and deep learning.

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