How big is the AI Camera Market?

The AI Camera Market size is expected to reach USD 9.42 billion in 2024 and grow at a CAGR of 18.21% to reach USD 21.74 billion by 2029. Read More

What is the current AI Camera Market size?

In 2024, the AI Camera Market size is expected to reach USD 9.42 billion. Read More

Who are the key players in AI Camera Market?

Sony Corporation, Panasonic Corporation, Canon Inc., Honeywell International Inc. and Hangzhou Hikvision Digital Technology Co., Ltd are the major companies operating in the AI Camera Market. Read More

Which is the fastest growing region in AI Camera Market?

North America is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in AI Camera Market?

In 2024, the Asia Pacific accounts for the largest market share in AI Camera Market. Read More

What years does this AI Camera Market cover, and what was the market size in 2023?

In 2023, the AI Camera Market size was estimated at USD 7.70 billion. The report covers the AI Camera Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the AI Camera Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

AI Camera Market Size & Share Analysis - Industry Research Report

Ai Camera Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The AI Camera Market Report is Segmented by Type (Surveillance Cameras, DSLR Cameras, Smartphone Cameras, and Others), Offering (Image Sensors, Memory and Storage, Processors, and Others), Technology (Object Detection and Recognition, Facial Recognition, Night Vision, Motion Detection, and Others), End-User Industry (Law Enforcement and Public Sector, Healthcare, Retail, Automotive, Industrial, BFSI, and Others), and Geography (North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

AI Camera Industry Overview

The AI Camera Market is fragmented, with the presence of significant players like Sony Corporation, Panasonic Corporation, Canon Inc., Honeywell International Inc., Hangzhou Hikvision Digital Technology Co., Ltd, Dahua Technology Co Ltd., Eagle Eye Networks Ltd, Hanwha Vision Inc., D-Link Limited, Vivotek, Inc., and many others. Significant players in the market are adopting strategies such as partnerships, mergers, expansions, innovations, investments, and acquisitions to enhance product offerings and gain sustainable competitive advantage.

In July 2024, Realme partnered with Sony to enhance mobile photography through AI and advanced camera technology in Realme's forthcoming 5G smartphones. This partnership marks the debut of Sony's LYT-701 camera sensor in Realme's 13 Pro Series 5G. These devices will feature the LYT-701 camera sensor and a 50MP periscope telephoto camera equipped with Sony's LYT-600, guaranteeing superior image quality. Furthermore, the phones will come with on-device AI imaging algorithms and cloud-based AI image editing features.
In January 2024, Indie Semiconductor, Inc., an innovator in Autotech solutions, partnered with Ficosa, a firm specializing in advanced vision, safety, and efficiency solutions for the automotive sector. The companies have inked a collaboration agreement focused on developing and commercializing automotive camera solutions that utilize neural network-based (NN) artificial intelligence (AI) processing. The company plans to unveil the inaugural smart camera solutions, leveraging the joint technologies, in 2024, with an ambitious goal of entering volume production by 2025.