The Computer Vision Industry In India Is Sized At $2.46 Bn

According to a recent research report by AIMResearch, the Indian Computer Vision market is valued at $2.46 Bn as of July 2020. The report titled, State of Computer Vision in India – 2020, takes a deep dive into the pc imaginative and prescient market because it emerges as a precedence Data Science expertise throughout Enterprises and Industries in India

Analytics India Magazine (AIM) has developed this research on the Computer Vision market to know the dimensions of the market throughout India, masking the varied segments by way of industries and firm varieties, and the market measurement of the completely different classes of CV startups.

It will assist AI and CV practitioners throughout all ranges to review the panorama and scale of the pc imaginative and prescient market throughout India, for the aim of alternatives and functionality improvement. 

The report may even assist enterprise companies and large-scale expertise enterprises to determine the potential of the home pc imaginative and prescient market throughout organisation varieties and industries for the aim of potential investments, market entry or buy-outs. 

The report means that whereas India has been a most well-liked vacation spot of IT transformation providers, together with Digital providers and Analytics, the Indian IT firms, MNC IT, and Software and Technology firms, operations in India haven’t been set-up throughout the pc imaginative and prescient area until now. However,  that is beginning to change.”


The CV market measurement in relation to the sorts of firms is the best throughout the MNC Technology class, which incorporates high-end Software and Hardware Technology companies, IT Services companies, Semiconductor companies, and Electronics companies. Similarly, for the market break-down by Industries or Sectors, the IT Services sector has the best share of the CV market, adopted by the Software & Hardware Technology sector, after which the Semiconductor & Electronics sector.

According to the report, there are near 35000 pc imaginative and prescient personnel working throughout enterprises in India, with round 22500 positions associated to CV jobs that at the moment have to be crammed. 

In phrases of market measurement, the Indian Computer Vision market has been valued at $2.46 Bn. The enterprises that fall beneath this class embrace software program and expertise companies, MNC IT Services companies, high-end semiconductor companies, electronics Firms, MNC Telecom and community tools companies. While MNC Tech class has the best share of the CV market at 47.2% in share share, and $1159 Mn by way of market worth, it’s adopted by the home IT firm kind with 30.5% market share at a price of $749.6 Mn. 

In phrases of sector or trade, the broad-based IT providers trade has the best share of the CV market at 46.8%, and $1149.6 Mn by way of worth. This is adopted by the software program & {hardware} tech sector, semiconductor trade, eCommerce and retail sector. The healthcare (imaging) sector stands at $58 Mn by way of contribution and a pair of.4% by way of market share.

According to the report, the home boutique start-up firm kind has a market worth of $98.3 Mn. AIMResearch additional divided this market contribution on the idea of the sorts of start-up companies, masking areas reminiscent of analytics Products & Services, AI and CV, robotics, IoT and Natural Language Processing. 

Of these, the analytics services companies have the biggest market contribution at $48.13 Mn. and the market share at 49.0% inside this Domestic Boutique Start-up house. The specialised AI and CV companies have a mixed market worth for CV providers at $41.07 Mn and market share at 41.8%. 

In phrases of wage, the median wage of pc imaginative and prescient professionals is INR 12 Lakhs, based on the report. It reveals low median wage because it has been researched at a time when all of the sectors of the economic system are dealing with a recessionary outlook. 

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The salary-wise distribution of personnel reveals that the biggest proportion of personnel is within the 3-6 Lakhs wage degree at 27.8%. This is adopted by the 6-10 Lakhs degree that has 20.9%. 

The report means that  Bengaluru has the best median wage at INR 13.6 Lakhs. Bengaluru is adopted by Mumbai and Delhi (NCR) which have comparable salaries of INR 12.7 Lakhs.

In phrases of expertise, the median expertise degree of pc imaginative and prescient professionals is 5.Three years. The decrease median expertise degree highlights the nascent nature of the CV phase in India.

The city-wise median expertise degree reveals one shock with Chennai that has the best median expertise degree at 5.8 Years. Chennai is adopted by Bengaluru with a median expertise degree of 5.5 years. This is adopted by Delhi, Mumbai and Pune. 

The report additionally means that the expansion price for 2020-2021 is predicted to be 3.5%. This comparatively low development price is attributed to the recessionary results available in the market that will be skilled till 2021. Thereafter, the Computer Vision market is predicted to develop at a CAGR of 9.2%, larger than the worldwide CAGR of seven.5%. By 2025, the CV market is predicted to be valued at $3.62 Bn.

Access the entire report, here.

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Siddhartha Thomas

Siddhartha Thomas

“Siddhartha is an industry research professional with areas of interest across the Digital Media,Traditional Media, and Technology sectors. Siddhartha studies and researches organizations and industries from the perspective of innovation, finance, and strategic management. He has extensive research and knowledge management experience across numerous large and small organizations.”


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