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Smart Camera Market: Global Industry Analysis (2012 - 2016) & Opportunity Assessment (2017 - 2027)NEW YORK, Feb. 14, 2018 /PRNewswire/ -- Read the full report: https://www.reportlinker.com/p05328055 Government around the world increasing their expenditure on security and surveillance equipment. Smart camera offers enhanced monitoring and runtime video analysis, which is the main reason for increasing application of smart cameras into security and surveillance system. Brand reinforcement is the competitive strategy used by top players such as Samsung, Sony and Nikon for promotion and mass advertising. Application-specific use of smart cameras in sectors such as healthcare, education and entertainment is increasing due to factors such as improving global economic growth, increasing social acceptability and productive research interest. The trend to integrate all component segments on a single chip along with various application domains is increasing in the smart camera market. Smart camera System on Chip (SoC) architecture is used in real time brush-based interactive painting system. Tough call between processor and lens segment from a market valuation standpoint The processor and lens segments in the component category are estimated to reflect similar market valuations by the end of the forecast period. However, the processor segment is a shade better than lens segment and is expected to showcase a bit higher valuation thus leading the market segment. The processor segment is estimated to reach a value more than US$ 5765 Mn by the end of 2027 from an estimate of about US$ 1.3 Bn in 2017. The lens segment is poised to grow at a CAGR of 16.1% and is anticipated to reflect value of US$ 5761.5 Mn by the end of the year of assessment (2027). Image sensor segment is projected to grow at the fastest rate to register a CAGR of more than 25% throughout the period of forecast. This segment was estimated at around US$ 267 Mn in 2017 and is predicted to touch a market value of around US$ 2600 Mn by 2027 end. Read the full report: https://www.reportlinker.com/p05328055 About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________ Contact Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001 View original content:http://www.prnewswire.com/news-releases/smart-camera-market-global-industry-analysis-2012---2016--opportunity-assessment-2017---2027-300598914.html SOURCE Reportlinker |