Global AI Camera Market

Feb 2024| IFT303A| BCC Publishing

Report Highlights

This report provides an understanding of the artificial intelligence (AI) camera market and the driving factors behind its adoption. It identifies the potential areas of growth and obstacles related to AI cameras, as well as to highlights the areas that require improvement within the AI camera industry. In this report, the global market of AI cameras has been segmented based on offerings, product type, technology, end users, and geographical region.

Report Includes

  • An overview of the global market for AI cameras
  • Analysis of global market trends, featuring historical revenue data for 2022, estimated figures for 2023, as well as forecasts for 2024, and 2026. This analysis includes projections of compound annual growth rates (CAGRs) through 2028
  • Evaluation of the current market size and revenue growth prospects, accompanied by a market share analysis by offering, product type, technology, end user and geographic region
  • Discussion on the advantages of AI cameras, such as discerning patterns, identifying objects, and predicting potential security threats
  • Coverage of emerging technologies, the current and future market potential, and the regulatory framework
  • Review of patents and ESG trends related to AI cameras
  • Market share analysis of the key companies in the industry and coverage of mergers & acquisitions, joint ventures, collaborations, partnerships, and other market strategies
  • Profiles of the leading market participants

Report Scope

Digital cameras are available in two modes: an AI camera and a simple camera. This report focuses specifically on AI cameras, which comprise more than 75% of the camera market. In this report, the global market of AI cameras has been segmented based on offerings, product type, technology, end users, and geographical region. Based on offerings, the AI camera market has been categorized into hardware and software. Based on product type, the AI camera market has been categorized into compact cameras, closed-circuit television (CCTV) cameras, digital single-lens reflex (DSLR) cameras, 360-degree cameras, and others. Based on technology, the AI camera market has been categorized into image/face recognition, voice/speech recognition, and optical character recognition. Based on end users, the AI camera market has been categorized into consumer electronics, security and surveillance, retail/e-commerce, healthcare, automotive, manufacturing, and others. By geography, the market has been segmented into North America, Europe, Asia-Pacific, and the Rest of the World (RoW). Asia-Pacific currently is the most dominant market for AI cameras.

Frequently Asked Questions (FAQs)

The market is projected to reach $23.1 billion by 2028, growing at a CAGR of 23.8% from 2023 to 2028.
AI cameras are gaining momentum due to several significant factors, such as the rapid growth of smart cities, the increasing demand for advanced smartphones, and several other factors.
  • By Offering.
  • By Product Type.
  • By Technology Type.
  • By End User.
  • By Region.
By offering, the hardware segment is expected to dominate the market by the end of 2028.
Asia-Pacific holds the highest share of the global market.

Analyst Credentials

BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.

Report Synopsis

Report Metrics Details
Base year considered 2022
Forecast period considered 2023-2028
Base year market size $6.7 billion
Market size forecast $23.1 billion
Growth rate CAGR of 23.8% from 2023 through 2028
Units considered $ Millions
Segments covered By Offering, Product Type, Technology Type, End User, and Geographic Region
Regions covered North America, Europe, Asia-Pacific, and Rest of the World (RoW)
Key Market Drivers
  • Rising Implementation of Advanced Security Solutions
  • Growing Construction of Smart Cities
  • Growing Demand for Advanced Camera-Based Smartphones
Companies studied

Table of Contents

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Title/Chapter NamePagesMember Price
Full Report: Global AI Camera Market89Free
Global AI Camera Market

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