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The global market for computer vision was valued at USD 19.82 billion in 2024 and is expected to reach USD 58.29 billion by 2030, growing at a compound annual growth rate (CAGR) of 19.8% between 2025 and 2030. Computer Vision is a form of AI that enables software systems to understand and interpret data from cameras and images. Rather than manually reviewing and making sense of a video feed one dimension at a time, the software system can analyze patterns, structure, and movement in the feed and convert those elements into data, which can then inform the feed.

Inventory systems have transformed from simple recordkeeping tools into essential drivers of supply chain performance. As global networks expanded and customer expectations accelerated, businesses needed greater speed, accuracy, and coordination to remain competitive.