About Embedded Smart Cameras
Embedded smart camera are enabling a new generation of smart cameras that represent a quantum leap in sophistication. In the current scenario, digital cameras capture images, smart cameras capture high-level descriptions of the scene and analyze what it see. These cameras are equipped with features which enable the user to upload and share photos online using a built-in Wi-Fi or LTE connection. Moreover, these are the devices which are equipped with high-performance onboard computing and communication infrastructure, combining video sensing, processing, and communications in a single embedded device.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The embedded smart camera market is expected to see continued growth driven by advancements in AI, the increasing demand for automation and convenience, and the expansion of the Internet of Things (IoT). Players who can address privacy concerns, offer secure and reliable solutions, and adapt to evolving market trends will be well-positioned for success in this dynamic landscape. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Embedded Smart Cameras market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Omron Microscan Systems, Inc. (United States), Samsung (South Korea), Toshiba Teli Corporation (Japan), Stemmer Imaging Ltd (United Kingdom), Banner Engineering Corp (United States), Tattile s.r.l. (Italy), National Instruments (United States) and Teledyne DALSA Inc (Canada) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Embedded Smart Cameras market by Type (Distributed Embedded Smart Cameras and Others), Application (Surveillance, Facial Detection, Human & Animal Detection, Motion Analysis and Other Machine Vision Applications) and Region.
On the basis of geography, the market of Embedded Smart Cameras has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Component Type, the sub-segment i.e. Software will boost the Embedded Smart Cameras market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Online Store will boost the Embedded Smart Cameras market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Technological Advancement in the Embedded Smart Cameras
Market Growth Drivers:
Rise in the Installation of the Video-Based Surveillance Systems in Numerous Sectors and Growth in the Demand for the Real-Time Performance
Challenges:
Limitations as by Bundling all of the Capabilities of a Machine Vision System and Limited in the Choice of Image Sensor, Camera Speed and Processing Power
Restraints:
High Cost of Cameras and Lack of Technical Expertise
Opportunities:
Surging Deployment of Artificial Intelligence for Object Recognition, Quality Control, Barcode Inspection, and Process Monitoring and Increasing Inclination of the Enterprises towards the Embedded Smart Cameras
Market Leaders and their expansionary development strategies
In March 2023, Milestone Systems Partners with NVIDIA to Deliver AI-Powered Video Management Solutions for Smart Cities: The partnership combines Milestone's XProtect VMS with NVIDIA's DeepStream SDK to enable real-time video analytics at the edge.
In September 2023, NXP Semiconductors Announces i.MX RT1170 MCU with Neural Processing Unit for Edge AI Applications: This MCU is designed for cost-sensitive embedded devices like low-end smart cameras, enabling basic AI functions on the edge.
Key Target Audience
Embedded Smart Cameras Manufacturers, Embedded Smart Cameras Suppliers/Distributors, System Integrators, Software Providers, End Users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.