Market Insight: Augmenting Computer Vision Technology With GenAI For Industrial Applications

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Executive Summary

This report delves into the key applications of generative AI (GenAI) technologies in augmenting computer vision capabilities for industrial organizations, as of December 2024. It explores key advancements of GenAI – such as large vision models (LVMs), multimodal AI systems, synthetic data generation and AI copilot solutions – that are driving innovations in areas such as defect detection, visual inspections and robotic assembly. By focusing on real-world applications, the report offers technology buyers, business leaders and C-Level executives across operations, safety and quality management with a detailed analysis of the current state of GenAI-enabled computer vision for industry, and future trends shaping this technology.

Table of contents

Vendors are investing in GenAI to expedite the adoption of computer vision
GenAI is improving the accuracy and accessibility of computer vision for industrial use cases
GenAI will drive automation in computer vision over the next five years

Table of figures

Figure 1. Integration of GenAI into computer vision for industry

About the authors

Sayanh Alam

Analyst
Sayanh is an Analyst in the Verdantix Industrial Transformation practice. Prior to joining Verdantix, she completed an MSc in Chemistry with Molecular Physics at Imperial College London. Here, she undertook research in renewable energy, focusing on improving the thermal stability of organic solar cells under manufacturing and operating conditions.

Malavika Tohani

Research Director, Industrial Transformation
Malavika leads the Verdantix Industrial Transformation practice. The team’s current research focusses on digital technologies and services that enable industrial operations become safer, efficient and sustainable such as asset maintenance and performance, industrial AI and data management, connected workforce and field service management, process safety and industrial engineering, design and construction. Malavika has over 20 years’ experience in research and strategy consulting. Malavika previously worked at Frost & Sullivan, managing and delivering advisory projects for clients involving expansion, acquisition, benchmarking and product development strategies. Malavika holds a MSc in Economics from Madras School of Economics.

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