A vision system for a vehicle includes at least one camera disposed at a vehicle and having an image sensor operable to capture image data. A display is operable to display video images for viewing by a driver of the vehicle during normal operation of the vehicle. A first system on chip (SoC) receives captured image data and processes the received captured image data for machine vision. The first SoC, responsive to image processing of the received captured image data, generates an output for a driver assistance system of the vehicle. A second system on chip (SoC) receives captured image data and communicates the image data to the display.