Diverse Applications of Smart Cameras Are Boosting the Growth of the Smart Camera Market
A smart camera is used for a connected camera that allows users to perform some additional tasks, apart from capturing an image, such as real-time video analysis, information sharing, and information extracting. A smart camera is a vision system with built-in relays, pneumatic valves, or actuators. A smart camera is a digital camera with more network and connectivity specifications. Smart cameras have many field applications such as rotation of parts, detection of position, web inspection, unattended surveillance, code reading and verification, part sorting and identification, biometric recognition, robot guidance, non-contact measurements, etc.
Smart cameras include various components such as display,
processor, memory, lenses, image sensors, communication interface, etc. They
can be integrated with smartphone applications and personal computers.
Moreover, a smart camera can share pictures and videos directly on various
social media platforms and photo-sharing portals. The diverse applications of
smart cameras for security and surveillance and increasing demand for smart
cameras with additional features are major factors fueling the global smart
camera market. Governmental norms to set up security and surveillance
systems in public spaces are also driving the market growth. For instance, according to IHS Markit, one billion surveillance cameras are
expected to be installed around the world by 2021.
However, factors such as the high cost of smart
cameras, lack of standardization for the installation of smart cameras, and smartphones
with better camera quality are expected to hamper the smart camera market
growth. Moreover, the use of smart cameras in industries such as entertainment,
education, and healthcare is increasing due to productive research interest and
increasing social acceptability. For instance, a camera is used during capsule
endoscopy to record images of digestive tracks. Moreover, the adoption of smart
lenses is a major trend in the smart camera market. For instance, Samsung
offers a range of interchangeable NX smart lenses to enhance the photography
experience.
The increasing preference for smart homes may
present significant growth opportunities in the smart camera market. In terms
of geography, the smart camera market is divided into six regions, such as North America, Asia
Pacific, Europe, South America, the Middle East, and Africa. Key players involved
in the market are focused on launching new products to enhance their product
portfolio. Moreover, they are focused on manufacturing
technologically advanced products to meet the growing demand for smart cameras.
For instance, in 2019, Yi technology launched the Yi Dash Camera in India,
while Panasonic launched LUMIX S1H, a digital single-lens camera.
Comments
Post a Comment