Machine Vision Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2
The machine vision market is estimated to grow from USD 12.06 billion in 2022 to USD 18.28 billion by 2028 at a CAGR of 7.10% during the forecast period. Machine vision, also known as computer vision, is a field of artificial intelligence (AI) that focuses on enabling computers and machines to understand and interpret visual information from digital images or videos. It involves the development of algorithms and techniques that allow machines to extract meaningful data and insights from visual inputs, similar to how humans perceive and understand visual information.