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.
Market Dynamics
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.
Market Taxonomy
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:
Detailed Segmentation:
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Table of Contents
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