Global Market Size, Forecast, and Trend Highlights Over 2025-2037
Image Signal Processor & Vision Processor Market size was valued at USD 16.04 billion in 2024 and is set to exceed USD 60.13 billion by 2037, registering over 10.7% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of image signal processor & vision processor is evaluated at USD 17.5 billion.
The growth of the market can be attributed to growing demand for premium smartphone owing to its advanced features including higher security, faster computing, and more. The premium smartphones witnessed the growth in sales by approximately 55%.
Furthermore, the growing internet penetration is expected to boost the demand for smartphones which in turn is anticipated to fuel the growth of the market for image signal processor & vision processor. In 2019, there were approximately 4 billion internet users, up from estimate 5% over the year 2018. The adoption of internet is higher among the younger age group.
