Press release
AI Based Cameras Market 2021 Industry Share, Trends, Growth and Forecast to 2027 - IBM, Amazon, Google, Intel, Microsoft
The “AI Based Cameras” report provides details on the latest recent developments, trade regulations, import-export analysis, analysis of production, value chain optimization, market share, impact of players on the national and localized market, analysis of opportunities in terms of emerging income pockets, changes in market regulations, strategic analysis of the market growth, market size, market growth of categories, application and domain niches, product approvals, product launches, geographic expansions, technological innovations in the market.“The AI Based Cameras Market is predicted to register a CAGR of 11.88% over the forecast period 2021 – 2027.”
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Key Competitors of the AI Based Cameras market is: IBM, Amazon, Google, Intel, Microsoft
Market Overview
The rising adoption of facial surveillance is a vital factor that is gaining traction in the market. Chicago and Detroit have adopted facial surveillance. Detroit's million-dollar system could scan live video from cameras located at businesses, schools, health clinics, and apartment buildings, thus, helping the police. Additionally, Detroit incorporated plug-in surveillance networks through its Project Green Light program. With Project Green Light, businesses include CCTV cameras and connect them to police headquarters. They further place a bright green light indication next to the cameras to imply they are part of the police network.
The region is also witnessing the rising adoption of smart home security cameras, which may further expand the scope of the market studied. AI-based video analytics further enhance efficiencies, offering many non-security-related insights for businesses, especially in smart city applications. In 2021, Amazon announced the AWS Panorama technology that enables integrators to work with a developer to easily create customized deep learning and video analytic apps for video surveillance cameras, regardless of manufacturer.
This report Provides intelligent marketing research for smarter decision-making and resource investment estimation. The report discusses these elements and describes the main players that are expected to extend the demand for the AI Based Cameras market within the upcoming years.
AI Based Cameras market report introduces some features and provides a basic view of the most players. In this report provides a comprehensive and in-depth review of the market. The players are likewise presenting newer product varieties within the market to reinforce the merchandise portfolio by embracing the new innovation and completing it in their business.
The AI Based Cameras market is often split supported product types, major applications, and important countries as follows:
Major Types covered are:
Cloud-based
On-premises
Major Applications covered are:
Public and Social Sector
Retail
Automotive
Healthcare
BFSI
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Key Market Trends
Retail to Witness Significant Market Growth
According to National Retail Federation, in the year 2021, nearly 40% of retailers in the United States stated that they had noticed the greatest increase in fraud occurring in multichannel sales, e.g., when buying online and picking up in-store. Also, shoplifting is one of the main sources of inventory shrinkage in US retail.
The retail sector is focusing on deploying innovative solutions to increase security and customer experience as well, for which few of the retailers are implementing facial recognition technology. From security to advertisements, a multitude of applications of face recognition is being used in retail. From sending customized advertisements to identified shoppers to identifying gender, age, customer count, capturing glance time on products, the applications are endless.
Regional market AI Based Cameras (regional production, demand and forecast by country):
Residential Addresses a Major Market Potential
The emergence of smart homes increased the prominence of video surveillance systems in the residential segment in the past few years. The surveillance systems implemented in this sector have varied applications, such as monitoring and access control. These systems are also equipped with features, such as motion detection and night vision.
North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And more.
The inquire approximately record considers the past, display, and destiny execution of the global market. The record advances investigations the display aggressive situation, most important trade models, and consequently the possibly headways in services with the aid of using crucial gamers inside the upcoming years.
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Recent Developments
September 2021 - Hikvision introduced 2nd Generation Intercom products with flexible and customizable features to meet various applications. It has both IP and two-wire installation options, wherein the intercom systems can be paired with Hikvision's video recorder to create a 180-degree live view of the front door. It also offers a variety of features for multi-tenant buildings (apartments, condos, hotels, schools) and single-family households.
August 2021 - Dahua USA introduced version 8.0 of DSS Video Management Software (VMS) to the North American market. Software upgrades incorporate a secure design that reduces the file size of the installation package, reduces boot time, and is easy to deploy. Cloud deployment is supported on AWS, and virtualization software is supported on VMware. There are many ways to access devices: IP, P2P, DDNS, and auto-registration. It provides users with several options for compatibility with third-party devices.
Report Features:
To project the worth and sales volume of the AI Based Cameras market, with reference to key regions.
To analyses competitive developments like expansions, agreements, new product launches, and acquisitions within the market.
To study and analyses the global AI Based Cameras market size (value & volume) by company, key regions, products, and end-user, breakdown data from The Last Five Years, and forecast to 2027.
to know the structure of the AI Based Cameras market by identifying its various sub-segments.
To percentage targeted records approximately the important thing elements influencing the enlargement of the market (increase potential, opportunities, industry-particular challenges, and risks).
Report Customization:
The Global AI Based Cameras Market report may be modified to meet your specific business needs. Because we understand what our clients want, we offer 25% customization for any of our MarketIntelligenceData reports at no additional cost to all or any of our clients.
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Irfan Tamboli (Head of Sales) – MARKET INTELLIGENCE DATA
Phone: +1 (704) 266-3234
Mail to: sales@marketintelligencedata.com
About Us:
Market intelligence data could also be a worldwide front-runner within the research industry, offering contextual and data-driven research services to customers. Customers are supported in developing commercial enterprise plans and reaching long-time period achievement of their respective marketplaces through the organization. The enterprise offers consulting services, Market Intelligence Data studies, and customized studies reports.
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