Following aspects are kept into view while building vision processing unit market report and include the market type, organization size, availability on-premises, end-users’ organization type, and the availability in areas such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. The market size, revenue generated from the sales and technologies by various application segments are also evaluated in this industry report. Data models employed for the research methodology are merchant positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, thorough analysis and vendor share analysis.

vision processing unit market research report is one of the unsurpassed and comprehensive market research reports which emphasize the challenges, market structures, opportunities, driving forces, emerging trends, and competitive landscape of semiconductors and electronics industry. The report showcases the trends that are in vogue, the regions that are growing, the various types of products available and the potential of the industry to provide solutions for a large population. An excellent vision processing unit market report acts as an authentic source of information which puts forth a telescopic view of the current market trends, situations, opportunities, and status.

Data Bridge Market Research analyses the vision processing unit market will exhibit a CAGR of 19.63% for the forecast period of 2022-2029.

Definition

A vision processing unit (VPU) is a type of microprocessor that promotes machine learning and artificial intelligence (AI). In extreme power-constrained conditions, the vision processing unit delivers high-performance machine vision and visual awareness. The microprocessor's characteristics include programmability and flexibility, as well as power savings because it only consumes a tenth of the power for the work at hand. It's also utilized for detecting an object's memory, providing CPU and GPU components, and improving the system's overall speed, which aids in seeing the thing in three dimensions. The device is utilized in a variety of applications, including smartphones, ADAS (Advanced Driver Assistance Systems), cameras, drones, and more.

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Key Growth Drivers:

The upsurge in the need for high computing capabilities will act as a key element driving market expansion. The vision processing unit market is also being driven by factors such as rising demand for computer vision applications and growing acceptance of edge AI. Furthermore, rising implementation of artificial intelligence and machine learning technologies will result in enhancement of growth rate of vision processing unit market. Also, increasing usage of premium smartphones will act as a major factor influencing the growth of vision processing unit market.  Another significant factor that will cushion the vision processing unit market’s growth rate is the severe reduction in power consumption of devices. In addition to this, other factors such as rising demand for real-time video processing in critical applications and technological advanced products will expand the vision processing unit market.

Moreover, the rising demand for machine vision in industrial applications will create beneficial opportunities for the growth of the market. Additionally, the rise of autonomous vehicles and untapped potential in emerging markets will act as market drivers and further boost new opportunities in the forecast period mentioned above.

The report emphasizes the participation of key entities, notably:

• SAMSUNG
• Intel Corporation
• Cadence Design Systems, Inc.
• CEVA, Inc.
• NXP Semiconductors
• HiSilicon (Shanghai) Technologies CO., LIMITED
• MediaTek Inc.
• Imagination Technologies Limited
• VeriSilicon
• Lattice Semiconductor
• Texas Instruments Incorporated
• NEURALA, INC.
• Blaize
• Synopsys, Inc.
• Socionext Inc.
• Alphabet Inc.
• NEXTCHIP Co, Ltd.

Report Objective:

• Investigate the vision processing unit market, focusing on strategic movements like collaborations, agreements, mergers, and product launches.
• Explore market diversification avenues such as new products, unexplored regions, recent advancements, and investments in vision processing unit market.
• Streamline initial research efforts by identifying vision processing unit market growth, size, key players, and segments, saving valuable time.
• Highlight pivotal industry trends in the vision processing unit market to empower players in devising effective, sustainable strategies.
• Analyze micro markets for their individual growth trajectories, potential, and contributions to the overall market.
• Shape or refine business expansion strategies leveraging growth opportunities in both established and emerging markets.

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Key Market Segmentation

Application (Smartphones, Drones, Cameras, AR/VR, Medical Devices, Robots, Autonomous Vehicles), Vertical (Consumer Electronics, Security and Surveillance, Automotive, Industrial, Healthcare, Others), Fabrication Process (≤16 nm, >16–28 nm)

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