AI Camera Market Revenue, Trends, Top Companies, Report 2024

HYDERABAD, India - Sept. 14, 2024 - PRLog -- 330 – Tables
59 – Figures
286 – Pages

Market size available for years – 2022 – 2030

Base year considered – 2023

Forecast period – 2024 – 2030

Forecast units – Value (USD) Billion

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AI Camera Market Dynamics

• The AI camera market is expected to witness significant growth in the future due to increasing demand for video analytics and surveillance applications, advancements in artificial intelligence and machine learning technologies, and growing adoption of AI-powered cameras in smart cities and IoT devices.
• Additionally, the rising need for enhanced security and safety measures, integration of AI capabilities for real-time data processing and analysis, and expansion of AI camera applications in retail and healthcare sectors are the prominent factors driving the growth of the market

By Technology, the DSLR Camera Segment is anticipated to Hold Major Share in the AI Camera Market

The DSLR camera segment is expected to dominate the market share during the forecast period owing to increasing usage by photographers seeking enhanced functionality and ease of use. AI technology enables features such as improved autofocus, scene recognition, and noise reduction, allowing users to capture high-quality images with less manual adjustment.

By Geography, North America is expected to grow at a highest CAGR during the forecast period

North America is anticipated to experience the highest compound annual growth rate during the forecast period due to the advancements in technology, increased security needs, and consumer interest in smart home devices. These cameras offer enhanced features like facial recognition, real-time analytics, and improved image processing, which appeal to both residential and commercial users. The rise of smart cities and the integration of IoT devices also contribute to this demand, as businesses and municipalities seek to leverage AI for better surveillance and data collection.

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Top Companies in the AI Camera Market:

• Sony Group Corporation
• Panasonic Corporation
• Hangzhou Hikvision Digital Technology Co., Ltd.
• Samsung
• Axis Communications AB
• VIVOTEK Inc.
• Zhejiang Dahua Technology Co., Ltd.
• Robert Bosch GmbH
• Honeywell International Inc.
• Hanwha Vision Co., Ltd.
• Apple Inc.
• Alphabet Incorporation

Recent Developments:

• In August 2023, Sony unveiled the ZV-E1, a vlog camera with interchangeable lenses and a powerful 35mm full-frame image sensor designed to enhance content creation. The ZV-E1 includes AI-powered Real-time Tracking4, activated by selecting the subject and partially pressing the shutter button.