The global AI camera market is anticipated to grow at a CAGR of 12.8% during the forecast period. AI cameras are becoming increasingly prevalent in various innovative applications, such as self-driving cars, medical diagnostics, and emergency response systems. Consequently, companies are placing significant emphasis on the development of AI-based cameras. One of the pioneering and critically important application is the use of AI cameras for wildfire detection, which enables early detection for faster response and mitigation efforts. These cameras employ computer vision and AI algorithms to identify wildfire signs in real-time. For instance, in September 2023, a Canadian telecom company is installing AI-powered cameras to monitor and proactively prevent wildfires resulting from the impacts of climate change.
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The increasing demand for enhanced security and safety measures is another factor bolstering the companies to introduce a new range of high-performance lenses into the market. AI cameras provides security professionals with a reliable, high-performance, and cyber-secure solution for various purposes, including intrusion detection. For example, in September 2023, Teledyne FLIR unveiled its latest addition to the FC-Series, the FLIR FC-Series AI. This thermal security camera comes equipped with onboard AI analytics, enabling precise classification of humans and vehicles for early intrusion detection, perimeter protection, and remote site monitoring. The FC-Series AI boasts video analytics that harness the power of deep neural networks and motion-based analytics, setting a new industry standard for intrusion detection. This capability empowers users to enhance their situational awareness, make more informed decisions, and consequently, elevate safety levels while improving overall coordination and operational efficiency.
Global Artificial Intelligence (AI) Camera Market Report Segment
By Type:
- Smartphone Cameras
- Surveillance Cameras
- Digital Single-Lens Reflex (DSLRs)
By Technology:
- Image/ Face Recognition
- Speech/ Voice Recognition
- Computer Vision
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Artificial Intelligence (AI) Camera Market Report Segment by Region
North America
- United States
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
Company Profiles
· Samsung Electronics
· Sony Corp.
· Xiaomi Inc
· Honevwell International Inc.
· Canon Inc.
· Nikon Corp.
· Huawei Technology Co. Ltd.
· LG Electronics
· HikVision
· Apple Inc.
· Fuitsu Ltd
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