AI Camera Market was valued at USD 13.98 billion in 2023, and is predicted to grow at a CAGR of 24% to USD 63.04 billion by 2030.AI Camera Market Overview:
The AI Camera Market is studied by segments like Type (Smartphones, DSLR< Surveillance), Technology (image/face recognition, voice/speech recognition, computer vision, and others), Vertical (Automotive, Banking, financial services, & insurance (BFSI); Retail, Public & Private Sector, Healthcare, Legal and Education) and Region (North America, Europe, Asia-Pacific, and Rest of the World). The report consists of the Trend, Forecast, Competitive Analysis, and Growth Opportunities of the market. Artificial intelligence technology spans many technologies, including computer vision, image identification, speech/voice recognition, and machine learning. All of these technologies are used by artificial intelligence cameras. These cameras are employed in various applications, including smartphones and surveillance cameras, where the technology detects the landscape, the strength of light, and the white balance while producing an image. Consumers worldwide are now taking more images that smartphones are getting more popular, and the need to have high image quality using artificial intelligence has grown drastically. As a result, manufacturers are launching Next-Gen cameras with artificial intelligence, fueling the market growth. Furthermore, AI-enabled cameras enable law enforcement authorities to detect suspicious activity and avoid catastrophes, fueling their popularity.To know about the Research Methodology:- Request Free Sample Report
AI Camera Market Dynamics:
The demand of the global Artificial Intelligence (AI) cameras market is rising, across various industries. With the advancement of big data and the incorporation of AI technology into smart devices, the worldwide market is expanding rapidly. Because of the launch of 5G networks and the growing popularity of smart homes, AI cameras are thriving in the market. Furthermore, the integration of artificial technology into smart devices and advancements in big data are expected to drive the market the next 5 years. The market is booming globally, with a diverse range of AI camera products from various brands and for a variety of purposes. Because of the different brands competing in this industry, consumers can purchase products at competitive costs, boosting market growth. Furthermore, manufacturers invest extensively in technological improvements and the launch of new developments in order to obtain a competitive advantage. For example, Google's latest Pixel 6 camera now includes automated tools such as smart blurring, object removal, skin tone exposure, and so on. However, the price of an AI camera includes the cost of embedding an AI platform, AI integration into the camera, and the services required to run an AI platform. In addition, the cost covers the specialist personnel necessary for the development of AI platforms. This is a significant hindrance to the worldwide market's growth. The high cost of AI cameras eventually boosts the price of consumer items like smartphones, security systems, etc., limiting market growth, especially in price-sensitive regions like India. AI Camera market: Effect of COVID-19 The COVID-19 pandemic has devastated the global economy and humanity. Due to the high infection rate and negative impact on public health systems, governments in various nations were forced to implement statewide lockdowns, hurting production, supply chains, trade, and related services. Manufacturing of smartphones and cameras was halted due to a shortage of semiconductor chips on the market, causing delays in the Market. Furthermore, as people were isolated in their houses, demand for security systems decreased substantially. However, the market has been steadily increasing over the last several months and is expected to continue to do so over the next 5 years. The demand for video systems that detect employees who are not wearing masks or alert managers to do mandatory safety checks in workplace premises is expected to drastically increase in the coming years. In addition, the increasing adoption of AI cameras that can alert growers if their plants are drooping and plant managers if there is a production line problem may boost market growth.AI Camera Market Segment Analysis:
Based on Product Type, the market is segmented into Smartphone Camera, Surveillance Cameras, DSLR Cameras and Others. Smartphone Cameras are expected to dominate the AI camera market during the forecast period. Smartphones are ubiquitous, with billions of users worldwide, making smartphone cameras the most widely used and accessible form of AI cameras. The demand for high-quality smartphone cameras has driven manufacturers to integrate advanced AI technologies to enhance user experience. Smartphone cameras are equipped with AI-driven features such as scene detection, portrait mode, low-light enhancement, and real-time image processing. These features have become standard expectations for consumers, particularly with the increase of social media platforms where high-quality images and videos are essential. Based on Technology, the market is categorized into Biometric Recognition, Computer Vision, Deep Learning, Context-Aware Computing and Others. Computer Vision held the largest AI Camera Market Share in 2023. Computer Vision is at the heart of AI camera functionality, enabling cameras to interpret and analyse visual data. It allows AI cameras to recognize objects, people, and scenes in real time, making it essential for a wide range of applications, from facial recognition to automated surveillance. Computer Vision is utilized across various industries, including consumer electronics, automotive, retail, healthcare, and security. In smartphones, it powers features such as scene detection and augmented reality. In the automotive sector, it allows advanced driver-assistance systems (ADAS). Its versatility makes it the most widely adopted technology in AI cameras.AI Camera Industry Ecosystem
Regional Insights:
AI Camera market, has been segmented into North America, South America, Asia-Pacific, Middle East & Africa, and Europe. North America dominates the worldwide market, led by well-established firms like Honeywell, Google, and Apple. Furthermore, the integration of artificial intelligence technology in consumer electronic products, surveillance systems, retail, and law enforcement sectors accounts for the biggest market share. The region's AI camera software market is being boosted by significant advancements in AI technology and its use in cameras. The North American market is likely to maintain its dominance throughout the assessment period. In terms of the value of the market, the Asia Pacific region ranks second internationally. Because of the abundance of cost-competitive workforces and raw material advantages, the area accounts for a substantial market share in the worldwide AI camera security market. China and Japan are the regional market leaders, with significant breakthroughs in surveillance, consumer electronics, and retail. China accounts for roughly 40% of all CCTV camera output worldwide. Over the projected period, the APAC market is expected to develop at the quickest rate. In Europe, the market is quickly expanding, with widespread use among leading security service providers, end-users, installers, integrators, and consultants. The region is expected to increase at the fastest CAGR during the projection period. The increasing need for AI-based camera systems for smart motion detection, the TIoC range, and the most recent technology all impact market growth. The European market is expected to generate large revenue, with a significant CAGR throughout forecasted period, 2024-2030. The objective of the report is to present a comprehensive analysis of the market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which is anticipated to give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the AI Camera market dynamics, structure by analyzing the market segments and project the AI Camera market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the AI Camera market make the report investor’s guide.AI Camera Market Scope: Inquire before buying
Global AI Camera Market Report Coverage Details Base Year: 2023 Forecast Period: 2024-2030 Historical Data: 2018 to 2023 Market Size in 2023: USD 13.98 Bn. Forecast Period 2024 to 2030 CAGR: 24% Market Size in 2030: USD 63.04 Bn. Segments Covered: By Product Type Smartphone Camera Surveillance Camera DSLR Camera Others By Technology Biometric Recognition Computer Vision Deep Learning Context-Aware Computing Others By End User BFSI Healthcare Automotive Consumer Electronics Retail Others AI Camera Market, by Region
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) North America (United States, Canada and Mexico) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)AI Camera Key Players are:
North America 1. Apple Inc 2. Eagle Eye Networks 3. Hanwha Techwin America 4. Honeywell International 5. FLIR Systems 6. Honevwell International 7. google Europe 1. Axis Communications AB 2. Bosch Security Systems 3. Huawei Technology Co Ltd 4. Huddly AS Asia Pacific 1. D-Link Corporation 2. Fujitsu Ltd 3. Panasonic Corporation 4. Swann 5. Canon 6. Samsung Electronics 7. Xiaomi Inc 8. LG Electronics 9. Sony Corporation 10. VIVOTEK Inc 11. Nikon Corporation Frequently Asked Questions: 1. What forecast period is considered for the AI Camera market report? Ans. The forecast period for the AI Camera market is 2024-2030. 2. Which key factors are hindering the growth of the AI Camera market? Ans. The price of an AI camera includes the cost of embedding an AI platform, AI integration into the camera, and the services required to run an AI platform. In addition, the cost covers the specialist personnel necessary for the development of AI platforms. This is a significant hindrance to the worldwide AI camera market's growth 3. What is the compound annual growth rate (CAGR) of the AI Camera market for the forecast period? Ans. The CAGR of the AI Camera market for the forecast period 2024-2030 is 24 %. 4. What are the key factors driving the growth of the AI Camera market? Ans. Demand for technically advanced surveillance systems and rise in concerns related to public safety & security are the prime factors that drive the growth of the AI Camera Market. 5. What are the major key players covered in the AI Camera market report? Ans. The major worldwide key players in the AI Camera market are Canon, Sony, Swann, LG.
1. AI Camera Market: Research Methodology 2. AI Camera Market Introduction 2.1. Study Assumption and Market Definition 2.2. Scope of the Study 2.3. Executive Summary 3. Global AI Camera Market: Competitive Landscape 3.1. MMR Competition Matrix 3.2. Competitive Landscape 3.3. Key Players Benchmarking 3.3.1. Company Name 3.3.2. Product Type Segment 3.3.3. End-user Segment 3.3.4. Revenue (2023) 3.3.5. Headquarter 4. AI Camera Market: Dynamics 4.1. AI Camera Market Trends 4.2. AI Camera Market Dynamics 4.2.1.1. Drivers 4.2.1.2. Restraints 4.2.1.3. Opportunities 4.2.1.4. Challenges 4.3. PORTER’s Five Forces Analysis 4.4. PESTLE Analysis 4.5. Technological Roadmap 4.6. Investment Analysis 4.6.1. Key Investment Opportunities in the AI Camera Market 4.6.2. Market Entry Strategies 4.7. Key Opinion Leader Analysis For AI Camera Market 4.8. Regulatory Landscape 5. AI Camera Market: Global Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030) 5.1. AI Camera Market Size and Forecast, by Product Type (2023-2030) 5.1.1. Smartphone Camera 5.1.2. Surveillance Camera 5.1.3. DSLR Camera 5.1.4. Others 5.2. AI Camera Market Size and Forecast, by Technology (2023-2030) 5.2.1. Biometric Recognition 5.2.2. Computer Vision 5.2.3. Deep Learning 5.2.4. Context-Aware Computing 5.2.5. Others 5.3. AI Camera Market Size and Forecast, by End User (2023-2030) 5.3.1. BFSI 5.3.2. Healthcare 5.3.3. Automotive 5.3.4. Consumer Electronics 5.3.5. Retail 5.3.6. Others 5.4. AI Camera Market Size and Forecast, by Region (2023-2030) 5.4.1. North America 5.4.2. Europe 5.4.3. Asia Pacific 5.4.4. Middle East and Africa 5.4.5. South America 6. North America AI Camera Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030) 6.1. North America AI Camera Market Size and Forecast, by Product Type (2023-2030) 6.1.1. Smartphone Camera 6.1.2. Surveillance Camera 6.1.3. DSLR Camera 6.1.4. Others 6.2. North America AI Camera Market Size and Forecast, by Technology (2023-2030) 6.2.1. Biometric Recognition 6.2.2. Computer Vision 6.2.3. Deep Learning 6.2.4. Context-Aware Computing 6.2.5. Others 6.3. North America AI Camera Market Size and Forecast, by End User (2023-2030) 6.3.1. BFSI 6.3.2. Healthcare 6.3.3. Automotive 6.3.4. Consumer Electronics 6.3.5. Retail 6.3.6. Others 6.4. North America AI Camera Market Size and Forecast, by Country (2023-2030) 6.4.1. United States 6.4.1.1. United States AI Camera Market Size and Forecast, by Product Type (2023-2030) 6.4.1.1.1. Smartphone Camera 6.4.1.1.2. Surveillance Camera 6.4.1.1.3. DSLR Camera 6.4.1.1.4. Others 6.4.1.2. United States AI Camera Market Size and Forecast, by Technology (2023-2030) 6.4.1.2.1. Biometric Recognition 6.4.1.2.2. Computer Vision 6.4.1.2.3. Deep Learning 6.4.1.2.4. Context-Aware Computing 6.4.1.2.5. Others 6.4.1.3. United States AI Camera Market Size and Forecast, by End User (2023-2030) 6.4.1.3.1. BFSI 6.4.1.3.2. Healthcare 6.4.1.3.3. Automotive 6.4.1.3.4. Consumer Electronics 6.4.1.3.5. Retail 6.4.1.3.6. Others 6.4.2. Canada 6.4.2.1. Canada AI Camera Market Size and Forecast, by Product Type (2023-2030) 6.4.2.1.1. Smartphone Camera 6.4.2.1.2. Surveillance Camera 6.4.2.1.3. DSLR Camera 6.4.2.1.4. Others 6.4.2.2. Canada AI Camera Market Size and Forecast, by Technology (2023-2030) 6.4.2.2.1. Biometric Recognition 6.4.2.2.2. Computer Vision 6.4.2.2.3. Deep Learning 6.4.2.2.4. Context-Aware Computing 6.4.2.2.5. Others 6.4.2.3. Canada AI Camera Market Size and Forecast, by End User (2023-2030) 6.4.2.3.1. BFSI 6.4.2.3.2. Healthcare 6.4.2.3.3. Automotive 6.4.2.3.4. Consumer Electronics 6.4.2.3.5. Retail 6.4.2.3.6. Others 6.4.3. Mexico 6.4.3.1. Mexico AI Camera Market Size and Forecast, by Product Type (2023-2030) 6.4.3.1.1. Smartphone Camera 6.4.3.1.2. Surveillance Camera 6.4.3.1.3. DSLR Camera 6.4.3.1.4. Others 6.4.3.2. Mexico AI Camera Market Size and Forecast, by Technology (2023-2030) 6.4.3.2.1. Biometric Recognition 6.4.3.2.2. Computer Vision 6.4.3.2.3. Deep Learning 6.4.3.2.4. Context-Aware Computing 6.4.3.2.5. Others 6.4.3.3. Mexico AI Camera Market Size and Forecast, by End User (2023-2030) 6.4.3.3.1. BFSI 6.4.3.3.2. Healthcare 6.4.3.3.3. Automotive 6.4.3.3.4. Consumer Electronics 6.4.3.3.5. Retail 6.4.3.3.6. Others 7. Europe AI Camera Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030) 7.1. Europe AI Camera Market Size and Forecast, by Product Type (2023-2030) 7.2. Europe AI Camera Market Size and Forecast, by Technology (2023-2030) 7.3. Europe AI Camera Market Size and Forecast, by End User (2023-2030) 7.4. Europe AI Camera Market Size and Forecast, by Country (2023-2030) 7.4.1. United Kingdom 7.4.1.1. United Kingdom AI Camera Market Size and Forecast, by Product Type (2023-2030) 7.4.1.2. United Kingdom AI Camera Market Size and Forecast, by Technology (2023-2030) 7.4.1.3. United Kingdom AI Camera Market Size and Forecast, by End User (2023-2030) 7.4.2. France 7.4.2.1. France AI Camera Market Size and Forecast, by Product Type (2023-2030) 7.4.2.2. France AI Camera Market Size and Forecast, by Technology (2023-2030) 7.4.2.3. France AI Camera Market Size and Forecast, by End User (2023-2030) 7.4.3. Germany 7.4.3.1. Germany AI Camera Market Size and Forecast, by Product Type (2023-2030) 7.4.3.2. Germany AI Camera Market Size and Forecast, by Technology (2023-2030) 7.4.3.3. Germany AI Camera Market Size and Forecast, by End User (2023-2030) 7.4.4. Italy 7.4.4.1. Italy AI Camera Market Size and Forecast, by Product Type (2023-2030) 7.4.4.2. Italy AI Camera Market Size and Forecast, by Technology (2023-2030) 7.4.4.3. Italy AI Camera Market Size and Forecast, by End User (2023-2030) 7.4.5. Spain 7.4.5.1. Spain AI Camera Market Size and Forecast, by Product Type (2023-2030) 7.4.5.2. Spain AI Camera Market Size and Forecast, by Technology (2023-2030) 7.4.5.3. Spain AI Camera Market Size and Forecast, by End User (2023-2030) 7.4.6. Sweden 7.4.6.1. Sweden AI Camera Market Size and Forecast, by Product Type (2023-2030) 7.4.6.2. Sweden AI Camera Market Size and Forecast, by Technology (2023-2030) 7.4.6.3. Sweden AI Camera Market Size and Forecast, by End User (2023-2030) 7.4.7. Russia 7.4.7.1. Russia AI Camera Market Size and Forecast, by Product Type (2023-2030) 7.4.7.2. Russia AI Camera Market Size and Forecast, by Technology (2023-2030) 7.4.7.3. Russia AI Camera Market Size and Forecast, by End User (2023-2030) 7.4.8. Rest of Europe 7.4.8.1. Rest of Europe AI Camera Market Size and Forecast, by Product Type (2023-2030) 7.4.8.2. Rest of Europe AI Camera Market Size and Forecast, by Technology (2023-2030) 7.4.8.3. Rest of Europe AI Camera Market Size and Forecast, by End User (2023-2030) 8. Asia Pacific AI Camera Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030) 8.1. Asia Pacific AI Camera Market Size and Forecast, by Product Type (2023-2030) 8.2. Asia Pacific AI Camera Market Size and Forecast, by Technology (2023-2030) 8.3. Asia Pacific AI Camera Market Size and Forecast, by End User (2023-2030) 8.4. Asia Pacific AI Camera Market Size and Forecast, by Country (2023-2030) 8.4.1. China 8.4.1.1. China AI Camera Market Size and Forecast, by Product Type (2023-2030) 8.4.1.2. China AI Camera Market Size and Forecast, by Technology (2023-2030) 8.4.1.3. China AI Camera Market Size and Forecast, by End User (2023-2030) 8.4.2. S Korea 8.4.2.1. S Korea AI Camera Market Size and Forecast, by Product Type (2023-2030) 8.4.2.2. S Korea AI Camera Market Size and Forecast, by Technology (2023-2030) 8.4.2.3. S Korea AI Camera Market Size and Forecast, by End User (2023-2030) 8.4.3. Japan 8.4.3.1. Japan AI Camera Market Size and Forecast, by Product Type (2023-2030) 8.4.3.2. Japan AI Camera Market Size and Forecast, by Technology (2023-2030) 8.4.3.3. Japan AI Camera Market Size and Forecast, by End User (2023-2030) 8.4.4. India 8.4.4.1. India AI Camera Market Size and Forecast, by Product Type (2023-2030) 8.4.4.2. India AI Camera Market Size and Forecast, by Technology (2023-2030) 8.4.4.3. India AI Camera Market Size and Forecast, by End User (2023-2030) 8.4.5. Australia 8.4.5.1. Australia AI Camera Market Size and Forecast, by Product Type (2023-2030) 8.4.5.2. Australia AI Camera Market Size and Forecast, by Technology (2023-2030) 8.4.5.3. Australia AI Camera Market Size and Forecast, by End User (2023-2030) 8.4.6. ASEAN 8.4.6.1. ASEAN AI Camera Market Size and Forecast, by Product Type (2023-2030) 8.4.6.2. ASEAN AI Camera Market Size and Forecast, by Technology (2023-2030) 8.4.6.3. ASEAN AI Camera Market Size and Forecast, by End User (2023-2030) 8.4.7. Rest of Asia Pacific 8.4.7.1. Rest of Asia Pacific AI Camera Market Size and Forecast, by Product Type (2023-2030) 8.4.7.2. Rest of Asia Pacific AI Camera Market Size and Forecast, by Technology (2023-2030) 8.4.7.3. Rest of Asia Pacific AI Camera Market Size and Forecast, by End User (2023-2030) 9. Middle East and Africa AI Camera Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030) 9.1. Middle East and Africa AI Camera Market Size and Forecast, by Product Type (2023-2030) 9.2. Middle East and Africa AI Camera Market Size and Forecast, by Technology (2023-2030) 9.3. Middle East and Africa AI Camera Market Size and Forecast, by End User (2023-2030) 9.4. Middle East and Africa AI Camera Market Size and Forecast, by Country (2023-2030) 9.4.1. South Africa 9.4.1.1. South Africa AI Camera Market Size and Forecast, by Product Type (2023-2030) 9.4.1.2. South Africa AI Camera Market Size and Forecast, by Technology (2023-2030) 9.4.1.3. South Africa AI Camera Market Size and Forecast, by End User (2023-2030) 9.4.2. GCC 9.4.2.1. GCC AI Camera Market Size and Forecast, by Product Type (2023-2030) 9.4.2.2. GCC AI Camera Market Size and Forecast, by Technology (2023-2030) 9.4.2.3. GCC AI Camera Market Size and Forecast, by End User (2023-2030) 9.4.3. Nigeria 9.4.3.1. Nigeria AI Camera Market Size and Forecast, by Product Type (2023-2030) 9.4.3.2. Nigeria AI Camera Market Size and Forecast, by Technology (2023-2030) 9.4.3.3. Nigeria AI Camera Market Size and Forecast, by End User (2023-2030) 9.4.4. Rest of ME&A 9.4.4.1. Rest of ME&A AI Camera Market Size and Forecast, by Product Type (2023-2030) 9.4.4.2. Rest of ME&A AI Camera Market Size and Forecast, by Technology (2023-2030) 9.4.4.3. Rest of ME&A AI Camera Market Size and Forecast, by End User (2023-2030) 10. South America AI Camera Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030) 10.1. South America AI Camera Market Size and Forecast, by Product Type (2023-2030) 10.2. South America AI Camera Market Size and Forecast, by Technology (2023-2030) 10.3. South America AI Camera Market Size and Forecast, by End User (2023-2030) 10.4. South America AI Camera Market Size and Forecast, by Country (2023-2030) 10.4.1. Brazil 10.4.1.1. Brazil AI Camera Market Size and Forecast, by Product Type (2023-2030) 10.4.1.2. Brazil AI Camera Market Size and Forecast, by Technology (2023-2030) 10.4.1.3. Brazil AI Camera Market Size and Forecast, by End User (2023-2030) 10.4.2. Argentina 10.4.2.1. Argentina AI Camera Market Size and Forecast, by Product Type (2023-2030) 10.4.2.2. Argentina AI Camera Market Size and Forecast, by Technology (2023-2030) 10.4.2.3. Argentina AI Camera Market Size and Forecast, by End User (2023-2030) 10.4.3. Rest Of South America 10.4.3.1. Rest Of South America AI Camera Market Size and Forecast, by Product Type (2023-2030) 10.4.3.2. Rest Of South America AI Camera Market Size and Forecast, by Technology (2023-2030) 10.4.3.3. Rest Of South America AI Camera Market Size and Forecast, by End User (2023-2030) 11. Company Profile: Key Players 11.1. Apple Inc 11.1.1. Company Overview 11.1.2. Business Portfolio 11.1.3. Financial Overview 11.1.4. SWOT Analysis 11.1.5. Strategic Analysis 11.2. Eagle Eye Networks 11.3. Hanwha Techwin America 11.4. Honeywell International 11.5. FLIR Systems 11.6. Honevwell International 11.7. google 11.8. Axis Communications AB 11.9. Bosch Security Systems 11.10. Huawei Technology Co Ltd 11.11. Huddly AS 11.12. D-Link Corporation 11.13. Fujitsu Ltd 11.14. Panasonic Corporation 11.15. Swann 11.16. Canon 11.17. Samsung Electronics 11.18. Xiaomi Inc 11.19. LG Electronics 11.20. Sony Corporation 11.21. VIVOTEK Inc 11.22. Nikon Corporation 12. Key Findings 13. Analyst Recommendations
