Product Code: GVR-4-68040-448-3
Vision Transformers Market Size & Trends:
The global vision transformers market size was valued at USD 217.5 million in 2023 and is expected to grow at a CAGR of 33.6% from 2024 to 2030. Vision Transformer (ViTs) is an extension of the transformer architecture, originally successful in natural language processing (NLP). Their adaptability to visual data has led to significant interest in integrating ViTs with deep learning frameworks for more advanced AI applications. The market demand for vision transformers is growing due to their superior performance in handling complex visual tasks, advancements in AI and hardware, and increasing application across various industries, such as healthcare, automotive, and consumer electronics.
The shift toward edge computing, where data processing occurs closer to the data source, created a demand for efficient and powerful vision models. Vision transformers are being optimized for edge deployment, where they can process visual data in real-time, reducing the need for cloud-based computation. In numerous applications such as drones and surveillance systems, where latency and power consumption are crucial, Vision transformers provide the necessary processing power while maintaining energy efficiency.
The demand for augmented reality (AR), virtual reality (VR), and metaverse applications is increasing. Vision transformers are being used to create more immersive and responsive visual experiences, as they can handle complex image-processing tasks required for these applications. Ongoing research in AI and machine learning is leading to continuous improvements in vision transformer models. Innovations such as more efficient architectures, better training methods, and pre-trained models are making ViTs more accessible and powerful. The rise of AI-specific hardware, including custom chips designed for deep learning tasks, further enhances the efficiency and performance of Vision Transformers, driving their adoption in both data centers and edge devices.
Global Vision Transformers Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the global vision transformers market report based on offering, application, end use, and region.
- Offering Outlook (Revenue, USD Million, 2017 - 2030)
- Solutions
- Professional Services
- Consulting
- Deployment & Integration
- Training, Support, & Maintenance
- Application Outlook (Revenue, USD Million, 2017 - 2030)
- Image Classification
- Image Captioning
- Image Segmentation
- Object Detection
- Others
- End Use Outlook (Revenue, USD Million, 2017 - 2030)
- Retail & E-commerce
- Media & Entertainment
- Automotive
- Government & Defence
- Healthcare & Life Sciences
- Others
- Regional Outlook (Revenue, USD Million, 2017 - 2030)
- North America
- Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- Latin America
- MEA
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Market Definitions
- 1.3. Research Methodology
- 1.3.1. Information Procurement
- 1.3.2. Information or Data Analysis
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Vision Transformers Market Variables, Trends, & Scope
- 3.1. Market Introduction/Lineage Outlook
- 3.2. Market Size and Growth Prospects (USD Million)
- 3.3. Industry Value Chain Analysis
- 3.4. Market Dynamics
- 3.4.1. Market Drivers Analysis
- 3.4.1.1. Increasing demand for automation
- 3.4.1.2. Integration of AI capabilities
- 3.4.2. Market Restraints Analysis
- 3.4.2.1. High cost of installation
- 3.4.3. Industry Opportunities
- 3.4.4. Industry Challenges
- 3.5. Vision Transformers Market Analysis Tools
- 3.5.1. Porter's Analysis
- 3.5.1.1. Bargaining power of the suppliers
- 3.5.1.2. Bargaining power of the buyers
- 3.5.1.3. Threats of substitution
- 3.5.1.4. Threats from new entrants
- 3.5.1.5. Competitive rivalry
- 3.5.2. PESTEL Analysis
- 3.5.2.1. Political landscape
- 3.5.2.2. Economic and Social landscape
- 3.5.2.3. Technological landscape
- 3.5.2.4. Environmental landscape
- 3.5.2.5. Legal landscape
Chapter 4. Vision Transformers Market: Offering Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Vision Transformers Market: Offering Movement Analysis, 2023 & 2030 (USD Million)
- 4.3. Solutions
- 4.3.1. Solutions Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 4.3.2. Hardware
- 4.3.2.1. Hardware Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 4.3.3. Software
- 4.3.3.1. Software Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 4.4. Professional Services
- 4.4.1. Professional Services Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 4.4.2. Consulting
- 4.4.2.1. Consulting Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 4.4.3. Deployment & Integration
- 4.4.3.1. Deployment & Integration Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 4.4.4. Training, Support, & Maintenance
- 4.4.4.1. Training, Support, & Maintenance Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
Chapter 5. Vision Transformers Market: Application Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Vision Transformers Market: Application Movement Analysis, 2023 & 2030 (USD Million)
- 5.3. Image Classification
- 5.3.1. Image Classification Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 5.4. Image Captioning
- 5.4.1. Image Captioning Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 5.5. Image Segmentation
- 5.5.1. Image Segmentation Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 5.6. Object Detection
- 5.6.1. Object Detection Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 5.7. Others
- 5.7.1. Others Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
Chapter 6. Vision Transformers Market: End Use Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. Vision Transformers Market: End Use Movement Analysis, 2023 & 2030 (USD Million)
- 6.3. Retail & E-commerce
- 6.3.1. Retail & E-commerce Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 6.4. Media & Entertainment
- 6.4.1. Media & Entertainment Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 6.5. Automotive
- 6.5.1. Automotive Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 6.6. Government & Defense
- 6.6.1. Government & Defense Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 6.7. Healthcare & Life Sciences
- 6.7.1. Healthcare & Life Sciences Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 6.8. Others
- 6.8.1. Others Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
Chapter 7. Vision Transformers Market: Regional Estimates & Trend Analysis
- 7.1. Vision Transformers Market Share, By Region, 2023 & 2030 (USD Million)
- 7.2. North America
- 7.2.1. North America Vision Transformers Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.2.2. North America Vision Transformers Market Estimates and Forecasts, By Offering, 2017 - 2030 (USD Million)
- 7.2.3. North America Vision Transformers Market Estimates and Forecasts, By Application, 2017 - 2030 (USD Million)
- 7.2.4. North America Vision Transformers Market Estimates and Forecasts, By End Use, 2017 - 2030 (USD Million)
- 7.2.5. U.S.
- 7.2.5.1. U.S. Vision Transformers Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.2.5.2. U.S. Vision Transformers Market Estimates and Forecasts, By Offering, 2017 - 2030 (USD Million)
- 7.2.5.3. U.S. Vision Transformers Market Estimates and Forecasts, By Application, 2017 - 2030 (USD Million)
- 7.2.5.4. U.S. Vision Transformers Market Estimates and Forecasts, By End Use, 2017 - 2030 (USD Million)
- 7.2.6. Canada
- 7.2.6.1. Canada Vision Transformers Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.2.6.2. Canada Vision Transformers Market Estimates and Forecasts, By Offering, 2017 - 2030 (USD Million)
- 7.2.6.3. Canada Vision Transformers Market Estimates and Forecasts, By Application, 2017 - 2030 (USD Million)
- 7.2.6.4. Canada Vision Transformers Market Estimates and Forecasts, By End Use, 2017 - 2030 (USD Million)
- 7.2.7. Mexico
- 7.2.7.1. Mexico Vision Transformers Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.2.7.2. Mexico Vision Transformers Market Estimates and Forecasts, By Offering, 2017 - 2030 (USD Million)
- 7.2.7.3. Mexico Vision Transformers Market Estimates and Forecasts, By Application, 2017 - 2030 (USD Million)
- 7.2.7.4. Mexico Vision Transformers Market Estimates and Forecasts, By End Use, 2017 - 2030 (USD Million)
- 7.3. Europe
- 7.3.1. Europe Vision Transformers Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.3.2. Europe Vision Transformers Market Estimates and Forecasts, By Offering, 2017 - 2030 (USD Million)
- 7.3.3. Europe Vision Transformers Market Estimates and Forecasts, By Application, 2017 - 2030 (USD Million)
- 7.3.4. Europe Vision Transformers Market Estimates and Forecasts, By End Use, 2017 - 2030 (USD Million)
- 7.3.5. U.K.
- 7.3.5.1. U.K. Vision Transformers Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.3.5.2. U.K. Vision Transformers Market Estimates and Forecasts, By Offering, 2017 - 2030 (USD Million)
- 7.3.5.3. U.K. Vision Transformers Market Estimates and Forecasts, By Application, 2017 - 2030 (USD Million)
- 7.3.5.4. U.K. Vision Transformers Market Estimates and Forecasts, By End Use, 2017 - 2030 (USD Million)
- 7.3.6. Germany
- 7.3.6.1. Germany Vision Transformers Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.3.6.2. Germany Vision Transformers Market Estimates and Forecasts, By Offering, 2017 - 2030 (USD Million)
- 7.3.6.3. Germany Vision Transformers Market Estimates and Forecasts, By Application, 2017 - 2030 (USD Million)
- 7.3.6.4. Germany Vision Transformers Market Estimates and Forecasts, By End Use, 2017 - 2030 (USD Million)
- 7.3.7. France
- 7.3.7.1. France Vision Transformers Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.3.7.2. France Vision Transformers Market Estimates and Forecasts, By Offering, 2017 - 2030 (USD Million)
- 7.3.7.3. France Vision Transformers Market Estimates and Forecasts, By Application, 2017 - 2030 (USD Million)
- 7.3.7.4. France Vision Transformers Market Estimates and Forecasts, By End Use, 2017 - 2030 (USD Million)
- 7.4. Asia Pacific
- 7.4.1. Asia Pacific Vision Transformers Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.4.2. Asia Pacific Vision Transformers Market Estimates and Forecasts, By Offering, 2017 - 2030 (USD Million)
- 7.4.3. Asia Pacific Vision Transformers Market Estimates and Forecasts, By Application, 2017 - 2030 (USD Million)
- 7.4.4. Asia Pacific Vision Transformers Market Estimates and Forecasts, By End Use, 2017 - 2030 (USD Million)
- 7.4.5. China
- 7.4.5.1. China Vision Transformers Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.4.5.2. China Vision Transformers Market Estimates and Forecasts, By Offering, 2017 - 2030 (USD Million)
- 7.4.5.3. China Vision Transformers Market Estimates and Forecasts, By Application, 2017 - 2030 (USD Million)
- 7.4.5.4. China Vision Transformers Market Estimates and Forecasts, By End Use, 2017 - 2030 (USD Million)
- 7.4.6. Japan
- 7.4.6.1. Japan Vision Transformers Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.4.6.2. Japan Vision Transformers Market Estimates and Forecasts, By Offering, 2017 - 2030 (USD Million)
- 7.4.6.3. Japan Vision Transformers Market Estimates and Forecasts, By Application, 2017 - 2030 (USD Million)
- 7.4.6.4. Japan Vision Transformers Market Estimates and Forecasts, By End Use, 2017 - 2030 (USD Million)
- 7.4.7. India
- 7.4.7.1. India Vision Transformers Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.4.7.2. India Vision Transformers Market Estimates and Forecasts, By Offering, 2017 - 2030 (USD Million)
- 7.4.7.3. India Vision Transformers Market Estimates and Forecasts, By Application, 2017 - 2030 (USD Million)
- 7.4.7.4. India Vision Transformers Market Estimates and Forecasts, By End Use, 2017 - 2030 (USD Million)
- 7.4.8. Australia
- 7.4.8.1. Australia Vision Transformers Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.4.8.2. Australia Vision Transformers Market Estimates and Forecasts, By Offering, 2017 - 2030 (USD Million)
- 7.4.8.3. Australia Vision Transformers Market Estimates and Forecasts, By Application, 2017 - 2030 (USD Million)
- 7.4.8.4. Australia Vision Transformers Market Estimates and Forecasts, By End Use, 2017 - 2030 (USD Million)
- 7.4.9. South Korea
- 7.4.9.1. South Korea Vision Transformers Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.4.9.2. South Korea Vision Transformers Market Estimates and Forecasts, By Offering, 2017 - 2030 (USD Million)
- 7.4.9.3. South Korea Vision Transformers Market Estimates and Forecasts, By Application, 2017 - 2030 (USD Million)
- 7.4.9.4. South Korea Vision Transformers Market Estimates and Forecasts, By End Use, 2017 - 2030 (USD Million)
- 7.5. Latin America
- 7.5.1. Latin America Vision Transformers Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.5.2. Latin America Vision Transformers Market Estimates and Forecasts, By Offering, 2017 - 2030 (USD Million)
- 7.5.3. Latin America Vision Transformers Market Estimates and Forecasts, By Application, 2017 - 2030 (USD Million)
- 7.5.4. Latin America Vision Transformers Market Estimates and Forecasts, By End Use, 2017 - 2030 (USD Million)
- 7.5.5. Brazil
- 7.5.5.1. Brazil Vision Transformers Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.5.5.2. Brazil Vision Transformers Market Estimates and Forecasts, By Offering, 2017 - 2030 (USD Million)
- 7.5.5.3. Brazil Vision Transformers Market Estimates and Forecasts, By Application, 2017 - 2030 (USD Million)
- 7.5.5.4. Brazil Vision Transformers Market Estimates and Forecasts, By End Use, 2017 - 2030 (USD Million)
- 7.6. Middle East and Africa
- 7.6.1. Middle East and Africa Vision Transformers Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.6.2. Middle East & Africa Vision Transformers Market Estimates and Forecasts, By Offering, 2017 - 2030 (USD Million)
- 7.6.3. Middle East & Africa Vision Transformers Market Estimates and Forecasts, By Application, 2017 - 2030 (USD Million)
- 7.6.4. Middle East & Africa Vision Transformers Market Estimates and Forecasts, By End Use, 2017 - 2030 (USD Million)
- 7.6.5. UAE
- 7.6.5.1. UAE Vision Transformers Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.6.5.2. UAE Vision Transformers Market Estimates and Forecasts, By Offering, 2017 - 2030 (USD Million)
- 7.6.5.3. UAE Vision Transformers Market Estimates and Forecasts, By Application, 2017 - 2030 (USD Million)
- 7.6.5.4. UAE Vision Transformers Market Estimates and Forecasts, By End Use, 2017 - 2030 (USD Million)
- 7.6.6. South Africa
- 7.6.6.1. South Africa Vision Transformers Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.6.6.2. South Africa Vision Transformers Market Estimates and Forecasts, By Offering, 2017 - 2030 (USD Million)
- 7.6.6.3. South Africa Vision Transformers Market Estimates and Forecasts, By Application, 2017 - 2030 (USD Million)
- 7.6.6.4. South Africa Vision Transformers Market Estimates and Forecasts, By End Use, 2017 - 2030 (USD Million)
- 7.6.7. KSA
- 7.6.7.1. KSA Vision Transformers Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.6.7.2. KSA Vision Transformers Market Estimates and Forecasts, By Offering, 2017 - 2030 (USD Million)
- 7.6.7.3. KSA Vision Transformers Market Estimates and Forecasts, By Application, 2017 - 2030 (USD Million)
- 7.6.7.4. KSA Vision Transformers Market Estimates and Forecasts, By End Use, 2017 - 2030 (USD Million)
Chapter 8. Competitive Landscape
- 8.1. Recent Developments & Impact Analysis by Key Market Participants
- 8.2. Company Categorization
- 8.3. Company Market Positioning
- 8.4. Company Market Share Analysis
- 8.5. Company Heat Map Analysis
- 8.6. Strategy Mapping
- 8.6.1. Expansion
- 8.6.2. Mergers & Acquisition
- 8.6.3. Partnerships & Collaborations
- 8.6.4. New Product Launches
- 8.6.5. Research And Development
- 8.7. Company Profiles
- 8.7.1. Amazon Web Services
- 8.7.1.1. Participant's Overview
- 8.7.1.2. Financial Performance
- 8.7.1.3. Product Benchmarking
- 8.7.1.4. Recent Developments
- 8.7.2. Clarifai, Inc.
- 8.7.2.1. Participant's Overview
- 8.7.2.2. Financial Performance
- 8.7.2.3. Product Benchmarking
- 8.7.2.4. Recent Developments
- 8.7.3. Google
- 8.7.3.1. Participant's Overview
- 8.7.3.2. Financial Performance
- 8.7.3.3. Product Benchmarking
- 8.7.3.4. Recent Developments
- 8.7.4. Hugging Face
- 8.7.4.1. Participant's Overview
- 8.7.4.2. Financial Performance
- 8.7.4.3. Product Benchmarking
- 8.7.4.4. Recent Developments
- 8.7.5. Intel Corporation
- 8.7.5.1. Participant's Overview
- 8.7.5.2. Financial Performance
- 8.7.5.3. Product Benchmarking
- 8.7.5.4. Recent Developments
- 8.7.6. Meta
- 8.7.6.1. Participant's Overview
- 8.7.6.2. Financial Performance
- 8.7.6.3. Product Benchmarking
- 8.7.6.4. Recent Developments
- 8.7.7. Microsoft
- 8.7.7.1. Participant's Overview
- 8.7.7.2. Financial Performance
- 8.7.7.3. Product Benchmarking
- 8.7.7.4. Recent Developments
- 8.7.8. NVIDIA Corporation
- 8.7.8.1. Participant's Overview
- 8.7.8.2. Financial Performance
- 8.7.8.3. Product Benchmarking
- 8.7.8.4. Recent Developments
- 8.7.9. OpenAI
- 8.7.9.1. Participant's Overview
- 8.7.9.2. Financial Performance
- 8.7.9.3. Product Benchmarking
- 8.7.9.4. Recent Developments
- 8.7.10. Qualcomm Technologies, Inc.
- 8.7.10.1. Participant's Overview
- 8.7.10.2. Financial Performance
- 8.7.10.3. Product Benchmarking
- 8.7.10.4. Recent Development