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Table of Contents
Smart cameras refers to category of cameras with ability to picture along with making sense of what happening in image followed by automation of decision for user. This allows the automation of simpler processing decisions, and their small footprint and internal (and often very powerful) processors make them more flexible than machine vision sensors. Frequently, smart cameras are linescan instruments with exceptional one-line resolutions. Smart cameras are enabled with functionality of image analysis and data communication with interface.
Smart camera operation can be demonstrated as, a camera that can monitor a door entry and trigger an alarm or send an e-mail to a user when an entry is attempted outside of opening hours. With this functionality camera would qualify as “smart camera” because it can figure out what is happening (detecting a prohibited entry) and act (triggering an alarm or sending an e-mail). The primary purpose of image processing in smart cameras, on the other hand, is to generate event descriptions and decisions for other devices in an automated control system. This is evident in two of the most popular applications for smart cameras: video surveillance and industry machine vision.
Some of the key features of Smart Cameras includes:
Geographically Smart Camera Market is dominated by Asia-Pacific with expected CAGR of region is 19.7 % between 2024-2030. Technological advancement, increase in disposable income, infrastructure growth, more security spending and increased level of lifestyle are the primary reasons for the growth of Smart Camera Market in the region. China and Japan are highest contributor to growth followed by India and South Korea. North America Smart Camera Market will continue to show strong growth in forecasted years. Market in Europe has witness high growth rate in 2018-23 and will continue at CAGR of 15.6 % between 2024-2030. Africa and Middle east market will grow at constant rate in 2024-2030.
On application side smart cameras in action in real-world, especially for video surveillance and industrial machine vision. Industrial machine vision is probably the most mature application area for smart cameras, where these cameras perform tasks such as bar code recognition, parts inspection, surface inspection, fault detection, and objects counting and sorting. In video surveillance applications, typical tasks of smart cameras include motion detection, intrusion detection, crowd profiling, number plate recognition.
Smart Camera Market: Procedure Type
Smart Camera Market: Applications
Smart Camera Market: Resolution Type
Smart Camera Market: Competitive Analysis
Report includes accurate analysis of key players with Market Value, Company profile, SWOT analysis. The Study consists of following key players in Smart Camera Market:
Geographical analysis of Smart Camera Market:
Global Smart Camera Market Report delivers a comprehensive analysis of the following parameters:
Parameters | Details |
---|---|
Base Year |
2024 |
Historical Data |
2018-2023 |
Forecast Data |
2024-2030 |
Base Year Value (2024) |
USD 15820.20 million |
Forecast Value (2031) |
USD 35412.94 million |
CAGR (2025-2030) |
12.2 % |
Regional Scope |
North America, Europe, Asian Pacific, Latin America, Middle East and Africa, and ROW |
Smart Camera Market was valued at around USD 15820.20 million in 2023 & estimated to reach USD 35412.94 million by 2030.
Smart Camera Market is likely to grow at Compound Annual Growth Rate (CAGR) of 12.2% between 2024 to 2030.
Smart Camera Market is dominated by the High Definition segment and the North America region holds the highest market share in 2023.
Some of the top key players in the Smart Camera Market are FLIR, Canon, Nikon, Panasonic, Samsung, Sony, Fujifilm, Olympus, Polaroid, Bosch, Raptor Photonics, Watec.
Primary driving factors for the growth of the Smart Camera Market include Technological advancement, increase in disposable income, infrastructure growth, more security spending and increased level of lifestyle.
Yes, the report includes COVID 19 impact on the market.
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