Market Analysis

Computer Vision Market to Grow by 81% and Hit a $47 Billion Value by 2030

After a massive 30% drop in 2022, the computer vision market has picked up the pace of growth, driven by continuous improvements in AI and machine learning and the increasing integration of computer vision across sectors. According to data presented by AltIndex.com, the global computer vision market is expected to grow by 17% and hit […]

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STMicroelectronics Surprises with New Smart Home Device Sensor

This market research report was originally published at the Yole Group’s website. It is reprinted here with the permission of the Yole Group. Amazon Echo hub features potentially market-changing presence detection technology. Yole Group has found a new MEMS-based motion sensor technology in a teardown of the Amazon Echo Hub that is set to be

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Neuromorphic Computing, Memory and Sensing: Towards Exponential Growth

This market research report was originally published at the Yole Group’s website. It is reprinted here with the permission of the Yole Group. The neuromorphic market is poised for expansion from smartphones to encompass opportunities in data centers, entertainment, and automotive sectors. The combined neuromorphic sensing and computing markets are anticipated to generate from US$28

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The SHD Group, in Collaboration with the Edge AI and Vision Allianceâ„¢, to Release a Complimentary Edge AI Processor and Ecosystem Report

SAN JOSE, Calif. – May 14, 2024 – The SHD Group, a leading strategic marketing, research, and business development firm, today announced the creation of an edge AI report that will be a resource for both product developers and ecosystem providers. This guide will detail processors integrating AI accelerators, standalone acceleration chips, accelerator IP, software,

The SHD Group, in Collaboration with the Edge AI and Vision Allianceâ„¢, to Release a Complimentary Edge AI Processor and Ecosystem Report Read More +

Illuminating the Future of Lidar in Automotive

In the rapidly evolving landscape of Advanced Driver-Assistance Systems (ADAS) and autonomous driving, sensor technologies have emerged as a pivotal force driving innovations in the automotive industry. Among these, three-dimensional (3D) Light Detection and Ranging (Lidar) stands out, offering precise mapping capabilities through laser-based remote sensing. The demand for Lidar in automotive applications is forecasted

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Revving Up: Building a Robust Chinese Ecosystem In the Automotive Camera Industry

This market research report was originally published at the Yole Group’s website. It is reprinted here with the permission of the Yole Group. In 2023, automotive imaging surged to US$5.7 billion, propelled by the rebound in car production, escalating demand for autonomy, and proliferation of higher-resolution product offerings. OUTLINE The image sensor and camera markets

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Mixed Messages on MaaS Market Readiness: An Analysis of New Driverless Vehicle Testing Data From the California DMV

Over the last three to four years, the driverless robotaxi industry has begun to flourish. Driverless services are coming online in multiple cities across the US and China. IDTechEx‘s recent report, “Future Automotive Technologies 2024-2034: Applications, Megatrends, Forecasts“, predicts that the driverless robotaxi industry will be generating over US$470 billion annually through services in 2034.

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AI Chip Market to Grow 10x in the Next Ten Years and Become a $300 Billion Industry

The AI chip market has experienced impressive growth in recent years, driven by the surging demand for AI-powered technologies across industries. The global AI renaissance, which started last year, only fuelled the market growth, helping it to reach a staggering value in the following years. According to data presented by AltIndex.com, the global AI chip

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Decoding the Dynamics of Processors in Robotaxis, Robot Shuttles and Robot Trucks from $14M in 2023 to $1B in 2034: Which Strategy Will Baidu-Apollo, Cruise, Waymo, and AutoX Adopt?

This market research report was originally published at the Yole Group’s website. It is reprinted here with the permission of the Yole Group. $1B market is expected for robotic vehicle processors in 2034 The global market for robotic vehicles is led by the United States and China, with Europe following closely. Robotaxi services are thriving

Decoding the Dynamics of Processors in Robotaxis, Robot Shuttles and Robot Trucks from $14M in 2023 to $1B in 2034: Which Strategy Will Baidu-Apollo, Cruise, Waymo, and AutoX Adopt? Read More +

Tesla’s Robotaxi Surprise: What You Need to Know

This market research report was originally published at the Yole Group’s website. It is reprinted here with the permission of the Yole Group. Level 4 autonomous driving would be difficult to implement with the EV manufacturer’s current camera-only strategy. Elon Musk’s announcement that Tesla hold a robotaxi unveiling on 8/8 was surprising, as the company

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