AI Camera Market Size, Trends, Analysis, Growth Drivers, Business Opportunities, Industry Leaders, Challenges and Impact of COVID-19
Research Reports
Apr 06, 2022
Market Overview
As per the latest updates, the global AI Camera market size in 2021 is registered at $4.96 billion and is predicted to grow at a significant CAGR of 23.80% along with the market size of $21.58 billion during the forecast period 2021-2027.
Artificial Intelligence cameras consist of various beneficial features and technologies like speech/voice recognition, image recognition, machine learning, computer vision, and more. These are used in various applications like smartphones, surveillance cameras where this technology is used for detecting the intensity of light, landscape, footprint timing, situational awareness, sound & noise detection, and white balance during the capture of an image. Apart, the gait of the person walking around the vehicle can also give health intelligence using AI cameras. Rising demand for smartphones regarding the number of people leads to raising interest in taking pictures and eagerness to have better image quality which is possible by the artificial intelligence camera.
These are used for authentication, device management, emotion recognition. These AI cameras helps in solving various business challenges like driving assistance system, accident reconstruction intelligence to security surveillance cameras which offers great security in residences and prevents crimes at retail stores, and other public places. These cameras are also used by law enforcement agencies for identifying any unwanted activity and prevent crimes. AI technology is embedded in smartphone devices to recognize images, better quality image, and also clarifies low-resolution pictures as the AI-vision engine that predicts the missing pixels.
The opportunities are easy availability of artificial intelligence platforms which are recently introduced are enhancing the market growth. This technology also fuels advanced technologies like creating tools for essential business needs.
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Market Segmentation
The Global AI Camera Market is sectioned into two forms type and technology.
Type Segmentation: The Global AI Camera Market based on type is divided into surveillance cameras, DSLRs, smartphone cameras, and others.
Technology Segmentation: The AI Camera market by technology is classified into various forms like computer vision, image/face recognition, voice/speech recognition, and many others.
Market Segmentation
The global AI camera industry has been segmented based on type and technology.
By type, the global AI camera market has been segmented into smartphone cameras, surveillance cameras, DSLRs, and others.
By technology, the global AI camera market has been segmented into image/face recognition, voice/speech recognition, computer vision, and others.
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Regional Analysis
Based on the recent research, the global AI camera market based on the regions is partitioned into five major regions such as Asia-Pacific, North America, Europe, South America, and the Middle East & Africa. Out of these regions, North America is holding the largest market share with a high adoption rate due to the integration of AI technology in surveillance systems, consumer electronic devices, the retail sector, and law enforcement. Asia-Pacific is expected to be the fastest-growing region during the review period for the development of surveillance, consumer electronics, and the retail sector in the emerging countries China and Japan. Approximately 40% of the CCTV cameras production is contributed by China all over the world.
Key Players
The AI camera market’s key competitors are Honeywell International, Google LLC, Samsung Electronics, Sony Corporation, LG Electronics, Xiaomi Inc, Canon Inc, Nikon Corporation, Huawei Technology Co Ltd, Hik Vision, Apple Inc, and Huddly AS.
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Table of Content:
AI Camera Market Research Report 2020-2027
Chapter 1: Industry Overview
Chapter 2: AI Camera Market International and Market Analysis
Chapter 3: Environment Analysis of AI Camera
Chapter 4: Analysis of Revenue by Classifications
Chapter 5: Analysis of AI Camera Market Revenue Market Status
Chapter 6: Analysis of Revenue by Regions and Applications
Chapter 7: Analysis of AI Camera Market Key Manufacturers
Chapter 8: Sales Price and Gross Margin Analysis
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