Artificial Intelligence (AI) Camera Market Overview: Market Size, Major Drivers And Trends
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
The global artificial intelligence (AI) camera market size is expected to grow from 11.54 billion in 2022 to 14.43 billion in 2023 at a compound annual growth rate (CAGR) of 25%. The artificial intelligence (AI) camera market is expected to reach 34.8 billion in 2027 at a CAGR of 24.6%.
What will drive the artificial intelligence (AI) camera market?
Growing demand for monitoring and surveillance in commercial stores with increased retail crime (ORC) occurrences is expected to propel the growth of the artificial intelligence (AI) camera market going forward.
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Who are the major players in the market?
Major players in the artificial intelligence (ai) camera market are Amazon.com Inc., Google LLC, Sony Corporation, Panasonic Holdings Corporation, Cisco Systems Inc., Honeywell International Inc., Canon Inc.
Which trend is gaining popularity in the artificial intelligence (AI) camera market?
Technological innovations are the key trend gaining popularity in the artificial intelligence (AI) camera market. Major companies operating in the artificial intelligence (AI) camera market are focusing on developing innovative products to sustain their position in the market.
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How is the artificial intelligence (AI) camera market segmented?
Global Artificial Intelligence (AI) Camera Market Segments Include:
- By Type:Smartphone Camera, Surveillance Camera, DSLR Camera, Other Types
- By Technology:Image or Face Recognition, Voice or Speech Recognition, Computer Vision, Other Technologies
- By End Users:Banking, Financial Services and Insurance (BFSI), Healthcare, Automotive, Retail, Government, Logistics and Transportation, Military and Defense, Commercial Spaces, Media and Entertainment, Other End-Users
- By Geography:The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global artificial intelligence (AI) camera market in 2021.
The Artificial Intelligence (AI) Camera Global Market Report 2023 provides an overview of the artificial intelligence (AI) camera market for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The artificial intelligence (AI) camera market forecast analyzes artificial intelligence (AI) camera market size, artificial intelligence (AI) camera market share, leading competitor and their market positions.
An artificial intelligence (AI) camera refers to a camera equipped with advanced artificial intelligence capabilities designed to incorporate machine learning algorithms and computer vision techniques to process and analyze the captured data in real time. These cameras are commonly used in automatic safety monitoring and monitoring unsafe workplace conditions to improve individuals’ safety.
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