Global Vision Processing Unit Market (2018-2022) to Grow at a CAGR of 20.3% - Huawei Technologies, MediaTek, Intel, NXP Semiconductors, and Renesas Electronics Dominate the Market - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Aug 20, 2018--The “Global Vision Processing Unit Market 2018-2022” report has been added to ResearchAndMarkets.com’s offering.
The global vision processing unit market to grow at a CAGR of 20.3% during the period 2018-2022.
The latest trend gaining momentum in the market is the rapid adoption of drones. Drones are extensively used for several purposes including surveillance and rescue, emergency response, high-altitude imaging, forest fire monitoring, flood mapping, product delivery, oil spill monitoring, and photography. Furthermore, the rising investments in the drone technology will improve the AI capabilities of drones and incorporate vision-based tasks including automated landing and collision avoidance will foster the growing demand for VPUs.
According to the report, one of the major drivers for this market is the increasing application of VR. VR is designed using electronic equipment and computers to replicate the real world. VR allows users to be a part of an experience rather than viewing it on a screen in front of them, eventually boosting the demand for vision processing units during the forecasted period.
Further, the report states that one of the major factors hindering the growth of this market is the complexity of IC design and reduction in board space. With continuous technological advances and miniaturization, the size of circuits and chips have also reduced, in turn, creating a challenge for designing advanced VPU.
Market TrendsRapid Adoption of Drones Increasing Number of Collaborations and Tie-Ups Development of Virtual Theme Parks Growth of IIoT
Key VendorsHuawei Technologies (HiSilicon Technologies) MediaTek Intel (Movidius) NXP Semiconductors Renesas Electronics
Key Topics Covered
1. Executive Summary
2. Scope of the Report
3. Research Methodology
4. Market Landscape
5. Market Sizing
6. Five Forces Analysis
7. Customer Landscape
8. Market Segmentation by End-User
9. Regional Landscape
10. Decision Framework
11. Drivers and Challenges
12. Market Trends
13. Vendor Landscape
14. Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/5s7n8b/global_vision?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180820005531/en/
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Related Topics:Processing Units
INDUSTRY KEYWORD: TECHNOLOGY SEMICONDUCTOR
SOURCE: Research and Markets
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PUB: 08/20/2018 02:20 PM/DISC: 08/20/2018 02:20 PM