Press release
Global smart camera market is projected to expand at USD 6,200 Million by the end of 2024
Smart cameras are basically used for monitoring and surveillance purposes in home, industrial and others. There are various applications of smart cameras in real-world such as for video surveillance and industrial machine vision. The industrial machine vision is probably the most favorable application of smart camera.
Market Size and Forecast
The global smart camera market is expected to expand at a CAGR of 18.2% over the forecast period i.e. 2017-2024. Further, the smart camera market is anticipated to reach USD 6.2 Billion globally by 2024. Rising demand for smart camera in commercial, residential infrastructure, public places, military and others for security and surveillance is projected to foster the growth of smart camera market.
Geographically, Asia-Pacific region accounted for the highest market share in the revenue of smart camera followed by North America. The Asia-Pacific region is anticipated to grow at a CAGR of 21% over the forecast period. Rapid economic development in India, China and Japan is anticipated to propel the growth of smart camera market over the forecast period. Further, product innovation by manufacturers in China, Korea, and Singapore is fuelling the growth of smart camera in this region. Moreover, Asia-Pacific is witnessing rapid urbanization and modernization of structural developments such as integration of hi-tech security system in new building constructions. This factor is believed to positively impact the growth of smart camera market.
Request Report Sample@ https://www.researchnester.com/sample-request/2/rep-id-346
North America region holds the second largest market share in smart camera market across the globe. Further, evolution of user-friendly technologies is anticipated to foster the demand for smart camera in this region. U.S. is anticipated to account for the highest percentage of market share in this region over the forecast period. Apart from this, some of the developing regions such as Latin America are also anticipated to witness a robust growth owing to the adoption of advanced technologies. Furthermore, Latin America is expected to grow at a CAGR of 31% by the end of 2024.
Market Segmentation
Our in-depth analysis segmented the global smart camera market in the following segments:
By Application
• Public Spaces
• Military & Defense
• Transit Facilities
• Commercial Facilities
• Enterprise & Government Infrastructure
• Residential Infrastructure
By Vision System
• Embedded Vision System
• PC based Vision System
• Network based Vision System
• Others Vision Systems
By Sensor Type
• CMOS Sensor
• CCD Sensor
By Distribution Channel
• Offline Stores
• Online Stores
By Price Range
• Premium Price
• Mid Price
• Low Price
Growth Drivers and Challenges
Growing concern for security and surveillance in public spaces such as railways stations, public squares and parks is envisioned to bolster the demand for smart camera. Further, global growth of smart camera can be attributed to technological advancements in improved quality imaging. In addition, modernization of complementary metal oxide semiconductors (CMOS) image sensors, smart lenses, embedded system designs and chip manufacturing are also believed to flourish the growth of smart cameras market over the period 2017-2024.
Moreover, governmental norms for strengthening the surveillance and security of public spaces are fuelling the growth of the global smart camera market. Further, the rising investments in infrastructural facilities would lead to the installation of the smart cameras for monitoring and security in the residential apartments and industries.
Request Table of Contents Here: https://www.researchnester.com/toc-request/1/rep-id-346
However, lack of standardization for the installation of smart cameras is projected to dampen the growth of smart camera market. Further, high cost associated with smart cameras is anticipated to hinder the growth of smart camera market in the near future.
This report also provides the existing competitive scenario of some of the key players of the global smart camera market which includes company profiling of Samsung Electronics Co., Ltd., Hangzhou Hikvision Digital Technology Co., Ltd. , Nikon Corp., Canon Inc., Datalogic S.P.A, Panasonic Corp., Sony Corp., Polaroid Corporation, Microscan Systems Inc. and Nest Labs. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global smart camera market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
To know more information:https://www.researchnester.com/reports/smart-camera-market-global-demand-analysis-opportunity-outlook-2024/346
About Research Nester
Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision so as to avoid future uncertainties.
Ajay Daniel
Email: ajay.daniel@researchnester.com
U.S. +1 646 586 9123
U.K. +44 203 608 5919
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global smart camera market is projected to expand at USD 6,200 Million by the end of 2024 here
News-ID: 1037673 • Views: …
More Releases from Research Nester Pvt Ltd
Peanut Butter Market Future Scope, Competitive Landscape, and Forecast 2035
Market Outlook and Forecast
The global peanut butter market is witnessing robust expansion, propelled by shifting consumer preferences toward plant-based proteins, convesnient snacking options, and nutrient-rich spreads. Valued at USD 8.3 billion in 2025, the market is projected to reach USD 15.5 billion by 2035, registering a compound annual growth rate (CAGR) of 7.2% during 2026-2035.
➤ Request Free Sample PDF Report @ https://www.researchnester.com/sample-request-2716
Regional Performance Highlights
North America remains the dominant regional market,…
Cross Laminated Timber Market Outlook, Key Developments, and Future Growth Scope …
Market Outlook and Forecast
The cross laminated timber (CLT) market is rapidly gaining momentum as sustainable construction materials become a central focus for developers, architects, and policymakers worldwide. As of 2025, the global cross laminated timber market size is estimated to be valued at USD 1.62 billion, and it is projected to reach USD 6.17 billion by 2035, expanding at a strong 14.3% CAGR from 2026 to 2035.
The robust growth of…
AI Platform Lending Market Trends, Competitive Landscape, and Forecast Report 20 …
Market Outlook and Forecast
The global AI platform lending market is experiencing a pivotal transformation, underpinned by the convergence of artificial intelligence (AI), machine learning (ML), cloud-native infrastructure and the evolving demands of the lending sector. According to recent research, the market was sized at approximately USD 109.73 billion in 2024 and is anticipated to reach roughly USD 2.01 trillion by 2037, representing a robust growth trajectory over the 2025-2037 period.…
Data Protection Market Size, Share, and Long-Term Growth Opportunities to 2037
Market Outlook and Forecast
The global Data Protection Market is undergoing a period of unprecedented expansion, driven by the exponential rise in digital transformation, data breaches, and compliance requirements across industries. Valued at USD 158.77 billion in 2024, the market is expected to reach a staggering USD 1.12 trillion by 2037, registering a compound annual growth rate (CAGR) of 16.2% between 2025 and 2037. This remarkable growth trajectory underscores the centrality…
More Releases for Vision
Contact Lens Solution Market Growth to Accelerate in Forecast Period (2025-2035) …
Industry Outlook
The Contact Lens Solution Market accounted for USD 3.73 Billion in 2024 and is expected to reach USD 5.62 Billion by 2035, growing at a CAGR of around 3.8% between 2025 and 2035. The contact lens solution market includes entities developing and marketing products used to clean, disinfect, and store contact lenses. The right solutions serve two essential functions, including keeping contact lenses clean, prolonging their lifespan, and maintaining…
Vision-Based Battery Quality Control Market Expected To Rise Significantly From …
"Worldwide Market Reports offers 𝐔𝐩𝐭𝐨 𝟕𝟎% 𝐝𝐢𝐬𝐜𝐨𝐮𝐧𝐭 on Vision-Based Battery Quality Control Market Reports on Single User Access and Unlimited User Access"
The report discusses everything a marketer requires before investing in the global Vision-Based Battery Quality Control during the forecast period 2023-2030. It provides detailed insight into current trends, shares, size, and sales value and volume. The data used for this report is obtained from reliable industry sources, paid resources,…
Machine Vision And Vision Guided Robotics Market Demand Analysis To 2027 Lead By …
The "Machine Vision And Vision Guided Robotics" Market report offers qualitative and quantitative insights and a detailed analysis of market size & growth rate for all possible segments in the market. The Global Machine Vision And Vision Guided Robotics Industry presents a market overview, product details, classification, and market concentration. The report also provides an in-depth survey of key players in the market which is based on various competitive intelligence…
Machine Vision And Vision Guided Robotics Market 2021 Business Scenario – Cogn …
Global Machine Vision And Vision Guided Robotics Market Research Report 2021
The report begins with the overview of the Machine Vision And Vision Guided Robotics Market and offers throughout development. It presents a comprehensive analysis of all the regional and major player segments that gives closer insights upon present market conditions and future market opportunities along with drivers, trending segments, consumer behaviour, pricing factors and market performance and estimation. The forecast…
Vision Care Market: VISION 2020 Initiative Boosts Stakeholders amid Growing Conc …
According to WHO, vision impairment is one of the major global issues as more than 1 billion people live with near vision or some sort of distance impairment. Getting eyeglasses prescriptions is specifically hard in developing countries given optometrists are located in urban areas and patients from rural areas get deprived of corrective treatment , as a result, people suffer from uncorrected impairments. WHO warns uncorrected impairments could lead to…
Global Machine Vision and Vision Guided Robotics Market 2019 - Cognex, Teledyne …
The new market research study on Global Machine Vision and Vision Guided Robotics Market in-depth market analysis with specific segments such as application, regional markets, end-users, policy analysis, value chain structure, and emerging trends. The Machine Vision and Vision Guided Robotics market report makes a case for investments in particular regions based on a realistic view of their regulatory environment, manufacturing dynamics and availability of skills and resources.The report’s analysis…
