What is Image Processing Module Market Scope?
The Image processing module turns raw image data into a finished image that may be used in a variety of computer vision applications. This module includes an image sensor that converts light from the optical lens into electrical signals. The Image processing module converts this electrical signal into a picture that can be displayed on a display screen. It increases the image quality and lighting as well as converting the raw image. In end uses such as consumer electronics, automotive, information technology, entertainment, healthcare, and robotics, they find applications in security, smart cities, smartphones, games, vehicles, personal robots, and drones. The increasing demand for high-power computing for infotainment systems and improved driver assistance systems are the primary drivers driving the image processing module market expansion (ADAS). Furthermore, the requirement to convert raw data into a visual representation for video analytics has propelled the market's rise. AI improvements and SoC downsizing are projected to propel the Image Processing Module market even higher.
The Image Processing Module market study is being classified, by Application (Security, Smartphones, Gaming, Automobiles, Personal Robots, Drones and Others) and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analysts at AMA predicts that Players from Asia Pacific will contribute to the maximum growth of Global Image Processing Module market throughout the predicted period.
Synopsys (United States), Philips (Netherlands), Sharp Corporation (Japan), Samsung Electro-Mechanics (South Korea), OFILM Tech Co., Ltd. (China), Ams (Austria), Thales Group (France), Intel Corporation (United States), Thine Electronics Inc (Japan) and STMicroelectronics (Switzerland) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Lunit (South Korea), Jenoptik (Germany), Shenzhen CM Technology Company Ltd. (China) and Truly Opto-Electronics Ltd. (China).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Image Processing Module market by Type, Application and Region.
On the basis of geography, the market of Image Processing Module has been segmented into South America (Brazil, Argentina, Chile, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Singapore, Malaysia, Thailand, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Spain, Sweden, Belgium, Poland, Norway, Austria, Russia, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
March 2021 – Synopsys Introduces Machine Learning-Based Auto Segmentation Module for 3D Image Processing
Influencing Market Trend
- Advanced Driver Assistance Systems (ADAS)
Market Drivers
- Increasing Requirement for High Power Computing for Infotainment Systems
- Need to Transform Raw Data into a Visual Image for Video Analytics
Opportunities
- Advancements in AI and Miniaturization of SOCS
- Increasing Use of High bandwidth Data Services
Restraints
Challenges
Key Target Audience
Software Provider, Technology Providers, End Users, Investors and Others
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