AI Camera Market to cross USD 34 Billion by 2032, Says Global Market Insights inc.
AI Camera Industry size is expected to register 18% CAGR between 2024 and 2032 propelled by advancements in AI and machine learning algorithms.
Selbyville, Delaware, Oct. 10, 2024 (GLOBE NEWSWIRE) — AI Camera Market was valued at USD 7.55 billion in 2023 and is projected to be worth USD 34 billion by the end of 2032, as per a
In 2023, North America led the global AI camera market, holding a share exceeding 38%. The region’s robust technological infrastructure and swift AI adoption are driving this growth. The U.S. spearheads this momentum, backed by significant AI R&D investments and a stronghold of major tech firms. AI cameras find diverse applications in North America, from enhancing surveillance in smart cities and security sectors to bolstering advanced driver-assistance systems in automotive. The rising integration of AI cameras in smart home devices further underscores the region’s dedication to innovation and automation.
AI Camera Market Players
Companies including AV Costar, Axis Communications AB, Bosch Sicherheitssysteme GmbH, Canon Inc., Hangzhou Hikvision Digital Technology Co., Ltd., Honeywell International Inc., Huawei Technologies Co., Ltd. are some firms working in AI camera industry.
The AI camera market research report includes in-depth coverage of the industry with estimates & forecasts in terms of revenue (USD million & Units) from 2021 to 2032, for the following segments:
Market, By Type
- Surveillance Cameras
- Smartphone Cameras
- Digital Cameras
- Industrial Cameras
- Others
Market, By Component
- Hardware
- Software
- Services
Market, By Technology
- Surveillance Cameras
- Smartphone Cameras
- Digital Cameras
- Industrial Cameras
- Others
Market, By Industry Vertical
- Consumer Electronics
- Manufacturing & Retail
- Sports
- Agriculture
- Healthcare
- Automotive & Transportation
- Government & Law Enforcement
- Others
About Global Market Insights
Global Market Insights Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.
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