The market for computer vision produced $9.45 billion USD in 2020. This amount is expected to grow by 41.11 billion USD between 2021 and 2030 at a compound annual growth rate (CAGR) of 16.0%. Since its inception in the middle of the 20th century, advances in technology, faster processing, and better algorithms have significantly changed computer vision.. What Is Computer Vision? Computer vision is an area of artificial intelligence that gives machines the ability to perceive, recognise, and describe objects in their surroundings. Computer vision, which works as the eyes for computers, is an essential tool for many complex AI operations. Real-time data collecting, predictive analytics, enhanced security, and process enhancement are a few of these. They all enable companies to increase operational effectiveness and generate significant revenue increases. Why Is Computer Vision Important? One approach to understanding the significance of computer vision is to think about the benefits that human eyesight offers to society. With the help of our sense of sight, we are able to recognise objects, carry out tasks, analyse issues, choose the best course of action in specific situations, and much more. Similarly, computer vision advances technology. Artificial intelligence innovations have produced amazing advancements in visual […] read more