Visual Computing Market in US to Grow at 23% until 2022
Growing government support for autonomous vehicles and increasing
adoption of visual computing technology across various sectors to drive United
States visual computing market through 2022
According to TechSci Research report, “United States Visual Computing Market
By Component, By Display Platform, By End User Industry, Competition Forecast
& Opportunities, 2012 – 2022”, visual computing market in the United
States is forecast to exhibit a CAGR
of over 23% during 2017 - 2022. Growth in the market can be attributed
to an upsurge in demand for cloud-related services, intensifying
developments in the gaming industry, and surging AR and VR market. Growing adoption
of visual computing technologies by various end-user sectors including gaming,
media & entertainment, healthcare and automotive, coupled with favorable
government policies aimed at boosting the adoption of autonomous vehicles in
the country are some of the other factors expected to positively influence the visual computing market in the US through
2022.
Browse 18 market data Tables and 23 Figures spread through 94 Pages and an in-depth TOC on "United States Visual Computing Market" https://www.techsciresearch.com/report/united-states-visual-computing-market/1452.html
Gaming industry accounted for the largest share in the US visual computing market in 2016 and the segment is expected to remain the largest end-user during forecast period as well, predominantly owing to increasing demand for advanced gaming solutions in the country. In 2016, the country’s western region dominated the market, due to the presence of a number of global technology giants, such as Amazon Web Services and Microsoft Azure, in addition to numerous budding start-ups in the region. However, in the coming years, the country’s northeast region is anticipated to grow at the fastest rate in the United States visual computing market, on account of rising adoption of mobile gaming and increasing internet penetration in various states of the region.
Number of US States that Introduced Autonomous
Vehicle Legislation, 2012-2016
Source: NCSL (National Conference of State Legislatures |
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“Over the years, augmented
reality (AR) and virtual reality (VR) market has registered strong growth in
the US, due to growing acceptance of these technologies in defense applications
for head-up displays, head mounted displays as well as smart glasses. With high
and increasing IT and military spending in the country, adoption of these
technologies in the country would further grow in the coming years,
consequently, boosting demand for visual computing through 2022.”, said Mr.
Karan Chechi, Research Director with TechSci Research, a research based global
management consulting firm.
United States Visual Computing Market By
Component, By Display Platform, By End User Industry, Competition Forecast
& Opportunities, 2012 – 2022 has evaluated the
future growth potential of the United States visual computing market and
provides statistics and information on market size, structure and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges and opportunities in the United States visual computing market.
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