In 2022, the market for embedded smart cameras is anticipated to be worth US$4,952.2 million. The broad range of applications and rising technical utilization are anticipated to be the market’s main development factors. By the end of 2032, sales of integrated smart camera devices are expected to reach about US$ 19,560.52 Million, growing at a strong CAGR of 14.7% between 2022 and 2032.
Many new applications, including ubiquitous computing, sensor networks, and embedded systems, are emerging more quickly as a result of recent advancements in computer, communication, and sensor technologies. Smart cameras that are embedded are one example of this breakthrough.
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Embedded Smart Cameras Market: Market Overview
In recent years, video processing applications have witnessed an insatiable demand for real-time performance. Smart cameras utilize very large-scale integration (VLSI) to offer such real-time analysis in a low-cost and low-power system with sufficient memory. These camera systems process a wide range of algorithms to extract meaning from streaming video, moving well beyond pixel processing and compression.
Embedded smart cameras have a dedicated processor in each unit, making them suitable for applications where several cameras need to be operated independently and asynchronously, or in cases where a distributed vision is required.
Embedded Smart Cameras Market: Market Dynamics
Major factors which are fuelling the demand for embedded smart cameras are – increasing demand for real-time performance in video processing applications, increase in deployment of video-based surveillance systems for public safety and transportation systems and development in robotics technology.
Additionally, the market has witnessed an increasing adoption of embedded smart cameras for applications such as barcode inspection, object recognition, process monitoring and quality control. This growing preference of organizations towards embedded smart cameras is expected to further propel the market growth.
However, these embedded smart cameras have their limitations as by bundling all of the capabilities of a machine vision system into one camera system, the developer is limited in the choice of image sensor, camera speed, processing power and software capabilities offered by any particular vendor.
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Who are the Leading Players in Embedded Smart Cameras Market?
Some of the leading Embedded Smart Cameras device manufacturers include:
- Banner Engineering Corp.,
- Microscan Systems, Inc.,
- Tattile s.r.l.,
- Samsung,
- National Instruments,
- Toshiba Teli Corporation,
- Teledyne DALSA Inc. and
- Stemmer Imaging Ltd.,
- Omron Automation,
- In-Sight D900.
These key Embedded Smart Cameras providers are adopting various strategies such as new product launches and approvals, partnerships, collaborations, acquisitions, mergers, etc. to increase their sales and gain a competitive edge in the global Embedded Smart Cameras market.
Key Segments of Embedded Smart Cameras Industry Survey
Embedded Smart Cameras Market by Component:
- Hardware
- Software
- Services
Embedded Smart Cameras Market by Application:
- Human & Animal Detection
- Surveillance
- Facial Detection
- Motion Analysis
- Others
Embedded Smart Cameras Market by Region:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East and Africa
Table of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
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