Quick Summary:
As the world moves towards more advanced and secure technology measures, the Global Smart Camera for Security and Surveillance market is rapidly expanding, with a projected market size of a whopping US$6.3 Billion by 2030. This substantial growth underlines the rising need for high-tech security and surveillance measures globally, particularly in key markets including the U.S., China, and Europe. The widespread adoption of Smart Cameras aligns with the accelerating shift towards data-driven decisions and security management across various industries.
Our comprehensive report brings essential insights, with covering major market drivers, threats, opportunities, and the outlook for Smart Camera technology. Additionally, the report includes detailed analysis on the competitive landscape, featuring 44 key market players such as Bosch Security Systems, Inc., Panasonic Corporation and Canon, Inc. With invaluable data at hand, make informed, strategic decisions and stay ahead in the fast-paced, highly competitive Smart Camera for Security and Surveillance market. Your purchase grants you access to our digital archives, complimentary updates for one year, and interactive bespoke updates ensuring you stay on top with the latest market trends.
Global Smart Camera for Security and Surveillance Market to Reach $6.3 Billion by 2030
The global market for Smart Camera for Security and Surveillance estimated at US$3.3 Billion in the year 2022, is projected to reach a revised size of US$6.3 Billion by 2030, growing at a CAGR of 8.4% over the analysis period 2022-2030. CMOS, one of the segments analyzed in the report, is projected to record 9% CAGR and reach US$5.3 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the CCD segment is readjusted to a revised 6% CAGR for the next 8-year period.
The U.S. Market is Estimated at $1 Billion, While China is Forecast to Grow at 7.8% CAGR
The Smart Camera for Security and Surveillance market in the U.S. is estimated at US$1 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.1 Billion by the year 2030 trailing a CAGR of 7.8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.9% and 6.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6.8% CAGR.Select Competitors (Total 44 Featured) -
- Bosch Security Systems, Inc.
- Canon, Inc.
- FLIR Systems, Inc.
- Hanwha Techwin Co., Ltd.
- Panasonic Corporation
- Raptor Photonics Limited
- Sony Corporation
- Watec Co., Ltd.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Smart Camera for Security and Surveillance?
What is the growth rate of the Global Market for Smart Camera for Security and Surveillance?
What is the forecasted size of the Global Market for Smart Camera for Security and Surveillance?
Who are the key companies in the Global Market for Smart Camera for Security and Surveillance?
| Report Attribute | Details |
|---|---|
| No. of Pages | 193 |
| Published | December 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 3.3 Billion |
| Forecasted Market Value ( USD | $ 6.3 Billion |
| Compound Annual Growth Rate | 8.4% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Bosch Security Systems, Inc.
- Canon, Inc.
- FLIR Systems, Inc.
- Hanwha Techwin Co., Ltd.
- Panasonic Corporation
- Raptor Photonics Limited
- Sony Corporation
- Watec Co., Ltd.
