The vision processing unit market size has grown rapidly in recent years. It will grow from $2.84 billion in 2024 to $3.35 billion in 2025 at a compound annual growth rate (CAGR) of 18.0%. The growth in the historic period can be attributed to growth in computer vision applications, increase in demand for image and video processing, rise in artificial intelligence applications, and expansion of autonomous vehicles
The vision processing unit market size is expected to see rapid growth in the next few years. It will grow to $6.63 billion in 2029 at a compound annual growth rate (CAGR) of 18.6%. The growth in the forecast period can be attributed to the integration of vision processing units in edge devices, expansion of augmented reality (AR) applications, growth in demand for advanced driver-assistance systems (ADAS), adoption of vision processing units in robotics, increased use in smart surveillance systems. Major trends in the forecast period include the miniaturization of vision processing units, the development of energy-efficient processing architectures, the integration of AI accelerators in vision processing, the rise of real-time image and video analytics, and the adoption of neural processing units.
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What are the top drivers to the rising demand in the vision processing unit market?
An increase in smartphone adoption is expected to propel the growth of the vision processing unit market going forward. A smartphone refers to a cellular phone with a built-in computer and other functionality not previously present in phones, such as an operating system (OS), web browsing, and the ability to run software programs. The vision processing unit aids in enhancing features like facial recognition and gesture control on smartphones. For instance, in February 2023, according to Uswitch Limited, a UK-based financial conduct authority, in 2022, there were 71.8 million mobile connections in the UK, a 3.8% (or around 2.6 million) increase over 2021. Further, by 2025, there will be 68.3 million people living in the UK, of whom 95% (or about 65 million people) are expected to have smartphones. Therefore, the increase in smartphone adoption is driving the growth of the vision processing unit market.
How is the vision processing unit market segmented?
The vision processing unit market covered in this report is segmented –
1) By Fabrication Process: Less Than Or Equal To 16 NM, More Than 16 To 28 NM
2) By Application: Smartphones, Medical Devices, Digital Cameras, Drones, Robots, Autonomous Vehicles, Wearable Devices
3) By Vertical: Consumer Electronics, Automotive, Industrial, Healthcare, Other Verticals
Sugsegments:
1) By Less Than Or Equal To 16 NM: Advanced Finfet Process, Planar CMOS Technology, SOI (Silicon On Insulator) Technology
2) By More Than 16 To 28 NM: 20 NM Process, 22 NM Process, 28 NM Process
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Who are the top competitors in the vision processing unit market?
Major companies operating in the vision processing unit market include Google LLC, Samsung Electronics Co Ltd., Intel Corporation, Qualcomm Incorporated., Texas Instruments Incorporated, MediaTek Inc., Renesas Electronics, Synopsys Inc., Cadence Design Systems Inc, Xilinx, HiSilicon Technologies Co Ltd., Himax Technologies, Socionext Inc., Myriad Group, Lattice Semiconductor Corp, Imagination Technologies Limited, Rockchip Electronics Co. Ltd, Thundersoft, CEVA Inc., Cambricon Technologies, Blaize Inc., Ambarella Inc., VeriSilicon Inc., Horizon Robotics, Nextchip Co Ltd., Inuitive, NXP Semiconductors NV, Gyrfalcon Technology, Neurala Inc., Hailo Technologies
What significant trends should we anticipate in the vision processing unit market over the forecast period?
Product innovation is a key trend gaining popularity in the vision processing unit market. Major companies operating in the vision processing unit market are introducing innovative products to maintain their position in the market. For instance, in March 2023, Hailo, an Israel-based semiconductor manufacturing company, launched Hailo-15, a new vision processor unit for smart cameras at the edge. The vision processor offers high-performance video processing and analytics at the border and has numerous applications in manufacturing, smart cities, and retail settings. The onboard system-on-chip can execute up to 20 trillion operations per second while running cutting-edge deep learning models that enable AI inference using a neural network core. The YoloV5M6 object detection model can be processed by the HailoV15H chipset, a variant of the HailoV15 vision processor chipset with the highest performance metrics at a real-time sensor rate.
Which regional trends are influencing the vision processing unit market, and which area dominates the industry?
Asia-Pacific was the largest region in the vision processing unit market in 2024. The regions covered in the vision processing unit market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Vision Processing Unit Market Report 2025 Offer?
The vision processing unit market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
A vision processing unit (VPU) is a microprocessor designed to speed up machine learning and artificial intelligence technologies. It is a specialized processor designed to manage tasks like image processing. VPUs are utilized in many applications, including object identification, picture recognition, and computer vision.
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