Smart Camera Market, By Component (Image Sensor, Memory, Processor, Communication Interface, Lenses, Display, Others), By Application (Transportation & Automotive, Healthcare & Pharmaceutical, Food & Beverages, Military & Defense, Commercial Area, Consumer Segment and Others)and by Geography (North America, Europe, Asia Pacific, and Latin America, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027
A smart camera or intelligent camera a term used for a connected camera that allows users to perform some additional functions including information extracting from the captured image, information sharing, and real-time video analysis. A smart camera is a standalone, self-contained vision system with built-in actuators, pneumatic valves or relays. It also offers real-time video analysis and is used in advanced monitoring, quality checking, robotic guidance system, and various machine vision applications. Smart cameras include different components including memory, image sensors, communication interface, lenses, processor, display, etc.
Increasing demand for smart cameras in consumer electronics devices is anticipated to drive the smart camera devices market in the forecast period. Smart devices from technology giant such as Google Inc., Microsoft Corporation and many other companies are focusing on providing the consumer with a home camera device. For instance, in October 2019, Google Inc., a US-based technology company launched Google Nest, it smart device equipped with artificial intelligence technology. All these smart cameras can be controlled with a smartphone connected with the internet. Increasing internet penetration in people’s life is expected to further drive the smart camera market in the forecast period.
However, increasing security concerns about people's privacy and data theft may hamper the growth of the global smart camera market in the forecast period. To tackle this privacy issue many technology companies are providing a physical button to turn off the camera.
This report segments the global smart camera market on the basis of Component, Application and region. On the basis of Component, global smart camera market is segmented into Image Sensor, Memory, Processor, Communication Interface, Lenses, Display, Others. On the basis of Application, the global smart camera market is segmented into Transportation & Automotive, Healthcare & Pharmaceutical, Food & Beverages, Military & Defense, Commercial Area, Consumer Segment and Others. On the basis of region, global smart camera market is segmented into North America, Latin America, Europe, Asia pacific, Middle East and Africa.
Key features of the study:
This report provides an in-depth analysis of the global smart camera market and provides market size (US$ million) and compound annual growth rate (CAGR %) for the forecast period (2019-2027), considering 2018 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
It profiles leading players in the global smart camera market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered in the global smart camera market includes XIMEA GmbH, Fujifilm Corporation, Samsung Electronics Co., Ltd., Matrox Imaging, Canon Inc., Vision Components GmbH, Nikon Corporation, Microscan Systems, Inc., Sony Corporation, Hero Electronix, Polaroid Corporation, Panasonic Corporation, and Olympus Corporation.
These key market players are focusing on collaboration strategy with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology upgradation, market expansion, and marketing tactics
The global smart camera market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global smart camera market.
Global Smart Camera Market By Component:
Global Smart Camera Market By Application:
Transportation & Automotive
Healthcare & Pharmaceutical
Food & Beverages
Military & Defense
Global Smart Camera Market By Region
Middle-East and Africa
Samsung Electronics Co., Ltd.
Vision Components GmbH
Microscan Systems, Inc.
*Browse all the market data tables and figures on “Global Smart Camera Market- Forecast to 2027”
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