What is Vision Processing Unit?
Vision processing unit (VPU) is a type of microprocessor aimed at accelerating machine learning and artificial intelligence technologies. It is specialized processor to support tasks like image processing, one of several specialized chips such as the GPU that are generally useful in machine learning. It is different than vision processing units are distinct from video processing units (which are specialised for video encoding and decoding) in their suitability for running machine vision algorithms. It is more sustainable in machine algorithms like CNN (convolutional neural networks), SIFT (Scale-invariant feature transform) and others. Growing preference for this processing unit for tech based applications is driving the demand for market. However, lack of standardisation in technology is challenging to the market growth. Geographically, Asia Pacific region has have been recognized as highly growing market with developed networking infrastructure. Therefore, Asia Pacific region are considered to be the dominant market over forecast period.
The market study is broken down, by Application (Smartphones, ADAS, Camera, Drones, AR/VR Products and Others) and major geographies with country level break-up.
The market of Vision Processing Unit is expected to grow with rising demand for various industry verticals. Several companies are operating in the market to provide Vision Processing Unit with sensors. The market is highly fragmented with the presence of several market players. They are gaining attention owing to their innovative and novel portfolio. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Cisco Systems Inc. (United States), Samsung (South Korea), NXP Semiconductor (Netherlands), Movidius (United States), Cadence (United States), Imagination Technologies (United States), CEVA (United States), HiSilicon Technologies (China), Google LLC (United States), MediaTek (Taiwan) and Lattice Semiconductor (United States) are some of the key players that are part of study coverage.
AdvanceMarketAnalytics has segmented the market of Global Vision Processing Unit market by Type, Application and Region.
On the basis of geography, the market of Vision Processing Unit has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Industry Vertical, the sub-segment i.e. Consumer Electronics will boost the Vision Processing Unit market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Fabrication Process, the sub-segment i.e. ≤16 nm will boost the Vision Processing Unit market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
In 2017, Intel on has introduced its new Movidius Myriad X vision processing unit (VPU), advancing Intel's end-to-end portfolio of artificial intelligence (AI) solutions. It is mainly to deliver more autonomous capabilities across a wide range of product categories, including drones, robotics, smart cameras and virtual reality. With this launch, advanced version of VPU which is dedicated for Neural Compute Engine.
- Huge Preference for Vision Processing Unit in Smartphones
- Growing Adoption of Machine Visionary System across Industrial Verticals
- Huge Demand for Wearable Cameras for Security Surveillance
- Growing Focus on Security & Surveillance with Advancements in Vision Processing Unit
- Technological Advancements with AI & Machine Learning in Vision Processing Unit
- Stringent Government Regulation
- Lack of Standardization in Technology Designing
Key Target AudienceVision Processing Unit Manufacturers, Vision Processing Unit Suppliers, Regulatory Authorities, New Entrants/Investors, Strategic Business Planners, Governments and End Use Industry
About ApproachTo evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
Frequently Asked Questions (FAQ):
1. What all players are profiled in the study?
The standard version of the report profiles players such as Cisco Systems Inc. (United States), Samsung (South Korea), NXP Semiconductor (Netherlands), Movidius (United States), Cadence (United States), Imagination Technologies (United States), CEVA (United States), HiSilicon Technologies (China), Google LLC (United States), MediaTek (Taiwan) and Lattice Semiconductor (United States) etc.
2. Can we have customized study for Vision Processing Unit Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
3. What would be the Market Size of Vision Processing Unit Market by 2026?
Analysts at AMA estimates Vision Processing Unit Market to reach USD Million by 2026.