Market Overview:
The global AI-based cameras market is expected to grow at a CAGR of over 25% during the forecast period 2018-2030. The growth in this market can be attributed to the increasing demand for AI-based security cameras across different applications such as public and social sector, retail, automotive, healthcare and BFSI. Additionally, the growing trend of cloud-based deployment is also contributing to the growth of this market. However, lack of awareness about benefits offered by AI-based cameras among end users may restrain the growth of this market during the forecast period.
Product Definition:
An AI-based camera is a digital camera that uses artificial intelligence to automatically adjust settings based on the scene being photographed. This can include adjusting exposure, white balance, and focus. AI-based cameras are important because they can help photographers capture better photos by automatically adjusting the settings to match the scene.
Cloud-based:
Cloud-based is a term used to define software or services that are hosted on the cloud. The cloud offers several advantages such as scalability, reliability, and low cost of maintenance among others. One of the key factors driving the growth of this market is increasing demand for real-time surveillance & monitoring systems in both public & private sectors.
The cameras installed in various sectors such as banks, government offices,.
On-premises:
On-premises is a term used for the software and hardware installation at the customer's site. In other words, it means that all the AI-enabled cameras are installed on or in proximity to the property/site where they can be used to monitor activities taking place. The on-premises approach has several benefits such as high level of customization depending upon user’s requirements, easy integration with existing systems and devices like security systems & access control etc., among others.
Application Insights:
The public and social sector accounted for the largest revenue share in 2017. The growth can be attributed to the increasing adoption of AI based cameras across various applications, such as surveillance, facial recognition, tracking and identification. Furthermore, growing concerns regarding safety along with a surge in demand for video surveillance solutions are driving the segment growth. For instance, according to research conducted by GfK MRI on behalf of U.K.-based security company Thales Visionix Ltd., 55% of consumers said that they would be more likely to buy a product from a brand that offered video analytics integration with artificial intelligence technology compared to 25%.
The retail segment is expected register significant growth over the forecast period owing to an increase in demand for advanced security systems at shopping malls and complexes across countries like India.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to retain its dominance over the forecast period as well due to increasing adoption of AI-based technologies across various sectors, such as retail, automotive and healthcare. Moreover, growing investments by companies in developing innovative solutions based on artificial intelligence are also contributing toward regional growth. For instance, in September 2018, Google Inc., along with other technology giants launched a new open source project called TensorFlow Lite that enables machine learning operations using less power than previous versions of the software.
Asia Pacific is expected to grow at a significant rate during the forecast period owing to rising demand for security systems and cameras among several industries including BFSI and retail sector in India owing to increasing footfall at malls and shopping complexes which results into increased sales volume hence driving business growth for retailers across this region thereby driving demand).
Growth Factors:
- Increasing demand for AI-based security cameras from the commercial sector
- Proliferation of smart cities and the increasing demand for AI-based surveillance cameras in these cities
- The increasing adoption of AI-enabled drones for aerial photography and videography
- Growing demand for intelligent video analytics solutions to detect and track objects in videos
- Increasing use of AI-based cameras in automotive applications
Scope Of The Report
Report Attributes
Report Details
Report Title
AI Based Cameras Market Research Report
By Type
Cloud-based, On-premises
By Application
Public and Social Sector, Retail, Automotive, Healthcare, BFSI
By Companies
IBM, Amazon, Google, Intel, Microsoft
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
201
Number of Tables & Figures
141
Customization Available
Yes, the report can be customized as per your need.
Global AI Based Cameras Market Report Segments:
The global AI Based Cameras market is segmented on the basis of:
Types
Cloud-based, On-premises
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Public and Social Sector, Retail, Automotive, Healthcare, BFSI
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- IBM
- Amazon
- Intel
- Microsoft
Highlights of The AI Based Cameras Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cloud-based
- On-premises
- By Application:
- Public and Social Sector
- Retail
- Automotive
- Healthcare
- BFSI
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the AI Based Cameras Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
AI Based Cameras are cameras that use artificial intelligence to analyze and interpret images. This technology can help camera operators capture better footage by automatically recognizing objects and scenes, making it easier for them to focus on what they're filming. AI Based Cameras can also improve the accuracy of video recordings by detecting motion and other changes in the environment.
Some of the major players in the ai based cameras market are IBM, Amazon, Google, Intel, Microsoft.
The ai based cameras market is expected to register a CAGR of 25%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 AI Based Cameras Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 AI Based Cameras Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 AI Based Cameras Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the AI Based Cameras Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global AI Based Cameras Market Size & Forecast, 2018-2028 4.5.1 AI Based Cameras Market Size and Y-o-Y Growth 4.5.2 AI Based Cameras Market Absolute $ Opportunity
Chapter 5 Global AI Based Cameras Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 AI Based Cameras Market Size Forecast by Type
5.2.1 Cloud-based
5.2.2 On-premises
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global AI Based Cameras Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 AI Based Cameras Market Size Forecast by Applications
6.2.1 Public and Social Sector
6.2.2 Retail
6.2.3 Automotive
6.2.4 Healthcare
6.2.5 BFSI
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global AI Based Cameras Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 AI Based Cameras Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America AI Based Cameras Analysis and Forecast
9.1 Introduction
9.2 North America AI Based Cameras Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America AI Based Cameras Market Size Forecast by Type
9.6.1 Cloud-based
9.6.2 On-premises
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America AI Based Cameras Market Size Forecast by Applications
9.10.1 Public and Social Sector
9.10.2 Retail
9.10.3 Automotive
9.10.4 Healthcare
9.10.5 BFSI
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe AI Based Cameras Analysis and Forecast
10.1 Introduction
10.2 Europe AI Based Cameras Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe AI Based Cameras Market Size Forecast by Type
10.6.1 Cloud-based
10.6.2 On-premises
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe AI Based Cameras Market Size Forecast by Applications
10.10.1 Public and Social Sector
10.10.2 Retail
10.10.3 Automotive
10.10.4 Healthcare
10.10.5 BFSI
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific AI Based Cameras Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific AI Based Cameras Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific AI Based Cameras Market Size Forecast by Type
11.6.1 Cloud-based
11.6.2 On-premises
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific AI Based Cameras Market Size Forecast by Applications
11.10.1 Public and Social Sector
11.10.2 Retail
11.10.3 Automotive
11.10.4 Healthcare
11.10.5 BFSI
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America AI Based Cameras Analysis and Forecast
12.1 Introduction
12.2 Latin America AI Based Cameras Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America AI Based Cameras Market Size Forecast by Type
12.6.1 Cloud-based
12.6.2 On-premises
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America AI Based Cameras Market Size Forecast by Applications
12.10.1 Public and Social Sector
12.10.2 Retail
12.10.3 Automotive
12.10.4 Healthcare
12.10.5 BFSI
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) AI Based Cameras Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) AI Based Cameras Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) AI Based Cameras Market Size Forecast by Type
13.6.1 Cloud-based
13.6.2 On-premises
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) AI Based Cameras Market Size Forecast by Applications
13.10.1 Public and Social Sector
13.10.2 Retail
13.10.3 Automotive
13.10.4 Healthcare
13.10.5 BFSI
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 AI Based Cameras Market: Competitive Dashboard
14.2 Global AI Based Cameras Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 IBM
14.3.2 Amazon
14.3.3 Google
14.3.4 Intel
14.3.5 Microsoft