SenseTime Retains Top Position in China’s Computer Vision Market for Nine Consecutive Years, with Vision Foundation Models Accelerating the Industry-wide Adoption of AI Agents

IDC recently released its report “China Artificial Intelligence Software Market Share 2024: Agents are the Future”, which shows that SenseTime has secured the top spot again in China’s computer vision market with a 22.8% share. This marks the ninth consecutive year that SenseTime has led this market segment.

According to the report, AI is undergoing a fundamental paradigm shift. Applications have moved from being driven primarily by small and medium-sized models to a new era of generative AI powered by foundation models. As these models gain deeper penetration, emerging architectures, deployment formats, and business models will have the potential to comprehensively reshape the cloud services market.

SenseTime’s continued market leadership is underpinned by its longstanding expertise in computer vision. As one of the earliest pioneers in the field, the company launched the SenseFoundry platform, which efficiently supports a wide range of vertical vision tasks and has been deeply and widely integrated across markets in China and internationally.

Building on this foundation, SenseTime has leveraged the generalization capabilities of foundation models to integrate its accumulated vision expertise with its strengths in model development, culminating in SenseFoundry VL, a next-generation multimodal intelligence platform. By offering tailored model solutions for different industries, SenseTime has further enhanced its mature and scalable computer vision business, driving greater commercial value.

The report also highlights that the adoption of computer vision technologies spans traditional applications such as urban emergency response and OCR, as well as enhanced applications driven by foundation models. These areas have been long-term strategic priorities for SenseTime.

In a separate IDC report “Evaluation of Vision Foundation Model Capabilities and Applications”, SenseTime ranked second overall in an assessment on comprehensive capabilities for vision foundation models. IDC noted that SenseTime is “driving innovation through traditional vision + vision foundation models + multimodal foundation models, supported by its native AI infrastructure, with a forward-looking approach to industry deployment.” This recognition underscores SenseTime’s full-stack strength across the entire chain, from research and development to real-world deployment of vision foundation models.

From securing the top market share for nine consecutive years to being recognized by leading organizations for its vision foundation model capabilities, SenseTime is advancing AI from being “usable” to “truly useful,” and from “isolated intelligence” to “integrated system intelligence”.

As IDC highlighted, the AI software market is undergoing a fundamental realignment. Only companies that can adapt quickly to technological shifts, demonstrate a deep understanding of real-world needs, and deliver full-stack capabilities will sustain long-term leadership. With nine years of continuous innovation, SenseTime has demonstrated its ability to remain at the forefront of the AI era.