Global Image Signal Processor and Vision Processor Market Outlook 2031

The global image signal processor & vision processor market is anticipated to grow with a CAGR of 11.1% over the forecast period, i.e., 2022-2031. Factors such as growing demand for premium smartphones, and increasing usage of internet is expected to boost the growth of the market. Additionally, growing demand for superior products with upgraded functions and also rise in education level are also expected to fuel the growth of the market. The market is estimated to garner a revenue of USD 35,100 Million by the end of 2031, up from a revenue of USD 9,500 Million in the year 2018.

The global image signal processor & vision processor market is segmented into numerous segments which includes segmentation by type, components, end-user, and by region. By end-user, the market is segmented into consumer electronics, security & surveillance, automotive, aerospace & defence, manufacturing, and medical. Out of these segments security & surveillance segment is anticipated to hold a revenue of USD 5,500 Million, up from a revenue of USD 1,400 Million in the year 2018.

On the basis of region, the global image signal processor & vision processor market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. By the end of 2031, the market in the Asia Pacific region is expected to generate the highest revenue of USD 22,100 Million. Additionally, the market in the region brought in USD 5,800 Million in revenue in 2018.

Some of the prominent industry leaders in the global image signal processor & vision processor market that are included in our report are Texas Instruments Incorporated, Analog Devices Inc., STMicroelectronics, NXP Semiconductors, ARM Limited, Qualcomm Technologies, Inc., Cadence Design Systems Inc., Broadcom Inc., Fijitsu Ltd., Toshiba Corporation, Samsung Electronics America, Inc., and Hitachi, Ltd. and others.