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Artificial Intelligence (AI) Camera Market Overview-Forecast Market Size, Top Segments And Largest Region
Artificial Intelligence (AI) Camera Market
The Business Research Company's Artificial Intelligence (AI) Camera Global Market Report 2023 identifies growing demand for monitoring and surveillance in commercial storesas the major driver for the Artificial Intelligence (AI) Camera market's growth in the forecast period. Monitoring is a comprehensive concept encompassing the continuous and deliberate observation of individuals, locations, objects, or procedures. In contrast, surveillance denotes focused monitoring conducted by law enforcement or security authorities to gather specific evidence of criminal activities or other illicit behavior.
The global artificial intelligence (AI) camera market is expected to grow from 11.54 billion in 2022 to 14.43 billion in 2023 at a compound annual growth rate (CAGR) of 25%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The artificial intelligence (AI) camera market is expected to reach 34.8 billion in 2027 at a CAGR of 24.6%.
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Major competitors in the Artificial Intelligence (AI) Camera market Amazon.com Inc., Google LLC, Sony Corporation, Panasonic Holdings Corporation, Cisco Systems Inc., Honeywell International Inc.
A key trend in the Artificial Intelligence (AI) Camera market includes technological innovations. Major companies operating in the artificial intelligence (AI) camera market are focusing on developing innovative products to sustain their position in the market. For example, in April 2023, D3, a US-based company that provides embedded design services, products, and original design manufacturing company launched Design Core Velocity Series and the Design Core Discovery Series, the next-generation cameras for autonomous and industrial applications.
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The Artificial Intelligence (AI) Camera market is segmented -
• By Type: Smartphone Camera, Surveillance Camera, DSLR Camera, Other Types
• By Technology: Image or Face Recognition, Voice or Speech Recognition, Computer Vision, Other Technologies
• By End User: Banking, Financial Services and Insurance (BFSI), Healthcare, Automotive, Retail, Government, Logistics and Transportation, Military and Defense, Commercial Spaces, Media and Entertainment, Other End-Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Artificial Intelligence (AI) Camera market.
The Business Research Company's "Global Artificial Intelligence (AI) Camera Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Artificial Intelligence (AI) Camera Market Include:
1. Executive Summary
2. Artificial Intelligence (AI) Camera Market Characteristics
3. Artificial Intelligence (AI) Camera Market Trends And Strategies
4. Artificial Intelligence (AI) Camera Market - Macro Economic Scenario
5. Global Artificial Intelligence (AI) Camera Market Size and Growth
…………………………………………………………………………….
32. Global Artificial Intelligence (AI) Camera Market Competitive Benchmarking
33. Global Artificial Intelligence (AI) Camera Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Artificial Intelligence (AI) Camera Market
35. Artificial Intelligence (AI) Camera Market Future Outlook and Potential Analysis
36. Appendix
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