Vision Processing Unit Market
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The vision processing unit market is expected to grow at a CAGR 17.84% rate during the forecast period. Major factors driving the market growth include the increasing adoption of premium smartphones, growing adoption of edge AI, and rising demand for high-end computing capabilities for computer and machine vision
16–28 nm node expected to account for largest market size during forecast period. A large number of processor chips in the market are manufactured as per 16–28 nm node, and these chips have been adopted in several end-use applications. Though the companies have started adopting 16 nm technology, the >16–28 nm node fabrication process is the mainstream manufacturing process for many chip manufacturing companies. For instance, Intel’s Movidius Myriad 2, which is being used in most of the edge devices, is manufactured on 28 nm technology.
Market for security and surveillance expected to grow at highest CAGR during forecast period. The rising security concerns worldwide and growing use of advanced high-power processors for real-time monitoring are some other factors driving the demand for advanced surveillance cameras integrated with VPUs.
The market in APAC is expected to experience lucrative growth opportunities in the next few years. The market in this region is attributed to the presence of various AI processor start-ups, which are likely to provide significant growth opportunities to the VPU companies in the near future. Moreover, the leading drone manufacturers and smart camera providers integrating VPUs in their products are based in APAC. The Tello drone uses Intel Movidius Myriad 2 VPU chip, which is used in DJI drones, and exhibits features such as automatic take-off and landing. Also, Samsung has launched the Exynos 9 Series 9810, a new AI-enabled processor or chip.
Key Market Players include Samsung (South Korea), Movidius (US), Cadence (US), CEVA (US), NXP (The Netherlands), HiSilicon Technologies (China), Google (US), MediaTek (Taiwan).
Key Questions Addressed by the Report
- Where will all these developments take the industry in the mid- to long-term?
- Which industries are likely to adopt VPUs in the coming years?
- How are VPUs influencing the machine vision and computer vision?
- What are the prevalent trends in the VPU market?
- What are the key strategies adopted by leading companies in the VPU market?
2. Research Methodology
Limitation and Assumptions
3. Executive Overview
4. Market Overview
5. Vision Processing Market, By Application
6. Vision Processing Market, By Fabrication Process
16 nm node
16-28 nm node
7. Vision Processing Market, By Vertical
Security and surveillance
8. Vision Processing Market, By Region
Rest of Europe
Rest of APAC
Rest of Middle East
Rest of the World
9. Company Profiles
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