Smart Camera Market Top Scenario, SWOT Analysis, Business Overview, Forecast 2020

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The Global smart camera market is estimated to be worth US$ 2469.0 Mn in 2014 and expected to reach US$ 9829.1 Mn by 2020, reflecting a CAGR of 23.84% during the forecast period. 

Market Segmentation

The global smart camera market is also segmented on the basis of application which includes transportation & automotive, healthcare & pharmaceutical, food & beverages, military & defence, commercial area, consumer and other segments. Consumer segment is the largest application which accounts for 26.3% market share in 2014 but it is likely to lose its market share by 590 BPS in 2020.

Food & beverages application segment is expected to witness highest CAGR of 29.0% during forecasted period. Commercial area applications are second largest in terms of growth during forecasted period with CAGR of 27.0%.

Key Players

Some of the market leaders in the global smart camera market are Samsung Electronics Co., Ltd., Canon Inc., Nikon Corporation, Sony Corporation and Panasonic Corporation, Olympus Corporation, Polaroid Corporation, Microscan Systems, Inc., Vision Components GmbH, Matrox Imaging, and XIMEA GmbH. These key players are focusing key strategies such as brand reinforcement strategyand new product development strategy to attract customers and to gain major market share.

Key Segments Covered

By Component

  • Image Sensor
  • Memory
  • Processor
  • Communication Interface
  • Lens
  • Display
  • Others

By Application

  • Transportation & Automotive
  • Healthcare & Pharmaceutical
  • Food & Beverages
  • Military & Defence
  • Commercial Area
  • Consumer Segment
  • Others

Key Regions/Countries Covered

  • North America
  • Latin America
  • Western Europe
  • Asia Pacific
  • Eastern Europe
  • Japan
  • Middle East & Africa


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