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The predicted growth of the vision processing unit market share from 2021 to 2026 is USD 2.05 billion at a progressing CAGR of 20.07%.
This vision processing unit market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. The vision processing unit market report also offers information on several market vendors, including Alphabet Inc., Cadence Design Systems Inc., CEVA Inc., Fuzhou Rockchip Electronics Co. Ltd., GEO Semiconductor Inc., Huawei Technologies Co. Ltd., Imagination Technologies Ltd., Intel Corp., Inuitive Ltd., Lattice Semiconductor Corp., MediaTek Inc., Novatek Microelectronics Corp., NXP Semiconductors NV, Renesas Electronics Corp., Samsung Electronics Co. Ltd., Shanghai Coolcore Microelectronics Co. Ltd., STMicroelectronics International NV, Synopsys Inc., Texas Instruments Inc., and VeriSilicon Microelectronics (Shanghai) Co. Ltd. among others.
This report extensively covers vision processing unit market segmentation by the following:
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Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The growing adoption of deep learning and ai is notably driving the vision processing unit market growth, although factors such as high cost of VPUs may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the vision processing unit industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Vision Processing Unit Market Driver
Key Vision Processing Unit Market Trend
Key Vision Processing Unit Market Challenge
This vision processing unit market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Technavio categorizes the global vision processing unit market as a part of the global semiconductors market, within the overall global semiconductors and semiconductor equipment market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the vision processing unit market during the forecast period.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
This statistical study of the vision processing unit market encompasses successful business strategies deployed by the key vendors. The vision processing unit market is fragmented and the vendors are deploying growth strategies such as focusing on acquiring other smaller brands to increase their market presence to compete in the market.
ceva-dsp.com - The company offers vision processing units designed to bring deep learning and artificial intelligence capabilities to low power embedded systems.
ceva-dsp.com - Under the unified segment, the company is involved in offering wide range of product and services in the category of sensor fusion technology, computer vision technology, turnkey chip design services, artificial and deep learning and many more.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The vision processing unit market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Our report provides extensive information on the value chain analysis for the vision processing unit market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
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33% of the market's growth will originate from APAC during the forecast period. China and Japan are the key markets for vision processing units in APAC. Market growth in this region will be faster than the growth of the market in other regions.
The increasing demand for consumer electronic devices due to the rising disposable income of people will facilitate the vision processing unit market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
COVID Impact and Recovery Analysis
In 2020, the outbreak of COVID-19 affected various industries, including the global VPU market. Furthermore, major electronics manufacturing hubs were temporarily shut down to curb the spread of COVID-19. In 2021, Owing to the relaxation of lockdown restrictions and large-scale vaccination drives, the production of semiconductors resumed. The trend of huge demand for VPU chips is expected to remain the same thereby growing the market in the region during the forecast period.
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The vision processing unit market share growth by the chromatography segment will be significant during the forecast period. The consumer electronics segment considers the sales of ICs that integrate VPUs to OEMs that manufacture consumer electronic products such as AR and VR devices, consumer drones, smart cameras, and smartphones. The growing demand for such electronic devices and the implementation of HMI technology on the Internet of Things (IoT) devices drive the growth of the consumer electronics segment.
This report provides an accurate prediction of the contribution of all the segments to the growth of the vision processing unit market size and actionable market insights on post COVID-19 impact on each segment.
Vision Processing Unit Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 20.07% |
Market growth 2022-2026 |
$ 2.05 billion |
Market structure |
Fragmented |
YoY growth (%) |
18.56 |
Regional analysis |
North America, APAC, Europe, South America, and Middle East and Africa |
Performing market contribution |
APAC at 33% |
Key consumer countries |
US, Canada, China, Japan, and Germany |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled |
Alphabet Inc., Cadence Design Systems Inc., CEVA Inc., Fuzhou Rockchip Electronics Co. Ltd., GEO Semiconductor Inc., Huawei Technologies Co. Ltd., Imagination Technologies Ltd., Intel Corp., Inuitive Ltd., Lattice Semiconductor Corp., MediaTek Inc., Novatek Microelectronics Corp., NXP Semiconductors NV, Renesas Electronics Corp., Samsung Electronics Co. Ltd., Shanghai Coolcore Microelectronics Co. Ltd., STMicroelectronics International NV, Synopsys Inc., Texas Instruments Inc., and VeriSilicon Microelectronics (Shanghai) Co. Ltd. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Type
6 Customer Landscape
7 Geographic Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
11 Appendix
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