Embedded Vision Is Revolutionizing Consumer Electronics Industry
Embedded Vision Will Change the Way We Interact With All Our Devices and the World Around Us
Embedded vision systems are playing a big role in consumer electronics. For example, front and rear-facing cameras on a mobile device such as a smartphone are a popular feature laying the groundwork for entirely new functionality.
The market for consumer electronics is massive and only getting bigger, with an estimated $1.5 Trillion market value by 20241. Rising middle-class wages in developing countries, along with increasing demand for home appliances, are the primary contributing factors to the growth of this industry. Embedded vision will be deployed more frequently in video game consoles, set-top boxes, TVs, PCs, mobile devices, lighting, heating, air conditioning and other home appliances.
Embedded vision technology reduces the need for physical controls and allows electronics to be seamlessly integrated with our lifestyles. Gesture recognition, face recognition and augmented reality are some of the early applications that embedded vision has enabled – all of which begin to alter not only how we interact with our devices, but how we interact with the world around us.
The possibilities are endless for vision manufacturers, suppliers and integrators to carve out a niche in this market and change the way our devices work. Although there is need for continuing increases in processing power, as well as video and image cognition capabilities, embedded vision will increasingly merge with all types of consumer electronics, growing alongside this enormous market and resulting in entirely new functionality.
Sources:
1. Global Market Insights, Inc., “Consumer Electronics Market to Hit $1,500bn by 2024”