North America AI Camera Market Size, Share & Industry Trends Analysis Report By Component (Hardware, Software and Services), By Type, By Technology, By Vertical, By Country and Growth Forecast, 2023 - 2030

North America AI Camera Market Size, Share & Industry Trends Analysis Report By Component (Hardware, Software and Services), By Type, By Technology, By Vertical, By Country and Growth Forecast, 2023 - 2030


The North America AI Camera Market would witness market growth of 22.1% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 7,705.6 thousand units, showcasing a growth of 19.7% (2019-2022).

The healthcare sector is experiencing a transformational transition towards digitalization and automation. AI cameras with sophisticated computer vision capabilities are poised to play a pivotal role in this transformation by enhancing patient care, optimizing processes, and enhancing the overall outcomes of healthcare. Cameras powered by artificial intelligence can provide high-definition video and audio for telemedicine consultations, thereby improving the quality of remote healthcare interactions. AI cameras can capture high-resolution images of skin conditions and wounds, assisting dermatologists and wound care specialists with diagnosis and treatment planning.

Smartphone manufacturers are incorporating artificial intelligence and deep learning technologies into their products to produce high-resolution images. These AI-powered smartphone cameras recognize things and use AI filters to produce higher-quality images. Smartphone cameras also enhance low-resolution images by automatically anticipating missing pixels. These cameras produce high-resolution, full-screen images of superior quality. They are also used for user identification, emotion recognition, device management, and other functions. As a result of these characteristics, the demand for these cameras in devices drives market expansion. AI technology-based cameras in smartphones and tablets drive the market's growth, along with increasing use in consumer electronics devices, including smartphones, tablets, computers, and laptops.

U.S. Government Accountability Office (GAO) released its survey results on facial recognition technology (FRT) activities in August 2021, revealing that 18 of 24 agencies reported using FRT for one or more purposes, with digital access and domestic law enforcement being the most prevalent in the United States. The U.S. region strongly demands security and surveillance solutions; facial recognition is a key component. Facial recognition technology is used by U.S. border control and immigration authorities to confirm visitors' identities and improve border security. Due to these aspects, the market will grow further across the North America region.

The US market dominated the North America AI Camera Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $9,450.3 million by 2030. The Canada market is experiencing a CAGR of 24.8% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 23.8% during (2023 - 2030).

Based on Component, the market is segmented into Hardware, Software and Services. Based on Type, the market is segmented into Surveillance Cameras, Smartphone Cameras, Digital Cameras, Industrial Cameras, and Others. Based on Technology, the market is segmented into Image/Face Recognition, Computer Vision, Voice/Speech Recognition, Context Awareness and Others. Based on Vertical, the market is segmented into Consumer Electronics, Government & Law Enforcement, Sports, Healthcare, Agriculture, Retail, Transportation, Automotive, Manufacturing and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Axis Communications AB, Bosch Security Systems GmbH, Hangzhou Hikvision Digital Technology Co., Ltd., Honeywell International, Inc., Huawei Technologies Co., Ltd., Johnson Controls International PLC, LG Electronics, Inc. (LG Corporation), Nikon Corporation, Panasonic Holdings Corporation, and Samsung Electronics Co., Ltd.

Scope of the Study

Market Segments covered in the Report:

By Component
  • Hardware
  • Software
  • Services
By Type (Volume, Thousand Units, USD Million, 2019-2030)
  • Surveillance Cameras
  • Smartphone Cameras
  • Digital Cameras
  • Industrial Cameras
  • Others
By Technology
  • Image/Face Recognition
  • Computer Vision
  • Voice/Speech Recognition
  • Context Awareness
  • Others
By Vertical (Volume, Thousand Units, USD Million, 2019-2030)
  • Consumer Electronics
  • Government & Law Enforcement
  • Sports
  • Healthcare
  • Agriculture
  • Retail
  • Transportation
  • Automotive
  • Manufacturing
  • Others
By Country (Volume, Thousand Units, USD Million, 2019-2030)
  • US
  • Canada
  • Mexico
  • Rest of North America
Companies Profiled
  • Axis Communications AB
  • Bosch Security Systems GmbH
  • Hangzhou Hikvision Digital Technology Co., Ltd.
  • Honeywell International, Inc.
  • Huawei Technologies Co., Ltd.
  • Johnson Controls International PLC
  • LG Electronics, Inc. (LG Corporation)
  • Nikon Corporation
  • Panasonic Holdings Corporation
  • Samsung Electronics Co., Ltd.
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Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America AI Camera Market, by Component
1.4.2 North America AI Camera Market, by Type
1.4.3 North America AI Camera Market, by Technology
1.4.4 North America AI Camera Market, by Vertical
1.4.5 North America AI Camera Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Market Share Analysis, 2022
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2019-2023)
4.4.2 Key Strategic Move: (Product Launches and Product Expansions : 2020, Jul – 2023, Sep) Leading Players
4.5 Porter’s Five Forces Analysis
Chapter 5. North America AI Camera Market by Component
5.1 North America Hardware Market by Country
5.2 North America Software Market by Country
5.3 North America Services Market by Country
Chapter 6. North America AI Camera Market by Type
6.1 North America Surveillance Cameras Market by Country
6.2 North America Smartphone Cameras Market by Country
6.3 North America Digital Cameras Market by Country
6.4 North America Industrial Cameras Market by Country
6.5 North America Others Market by Country
Chapter 7. North America AI Camera Market by Technology
7.1 North America Image/Face Recognition Market by Country
7.2 North America Computer Vision Market by Country
7.3 North America Voice/Speech Recognition Market by Country
7.4 North America Context Awareness Market by Country
7.5 North America Others Market by Country
Chapter 8. North America AI Camera Market by Vertical
8.1 North America Consumer Electronics Market by Country
8.2 North America Government & Law Enforcement Market by Country
8.3 North America Sports Market by Country
8.4 North America Healthcare Market by Country
8.5 North America Agriculture Market by Country
8.6 North America Retail Market by Country
8.7 North America Transportation Market by Country
8.8 North America Automotive Market by Country
8.9 North America Manufacturing Market by Country
8.1 North America Others Market by Country
Chapter 9. North America AI Camera Market by Country
9.1 US AI Camera Market
9.1.1 US AI Camera Market by Component
9.1.2 US AI Camera Market by Type
9.1.3 US AI Camera Market by Technology
9.1.4 US AI Camera Market by Vertical
9.2 Canada AI Camera Market
9.2.1 Canada AI Camera Market by Component
9.2.2 Canada AI Camera Market by Type
9.2.3 Canada AI Camera Market by Technology
9.2.4 Canada AI Camera Market by Vertical
9.3 Mexico AI Camera Market
9.3.1 Mexico AI Camera Market by Component
9.3.2 Mexico AI Camera Market by Type
9.3.3 Mexico AI Camera Market by Technology
9.3.4 Mexico AI Camera Market by Vertical
9.4 Rest of North America AI Camera Market
9.4.1 Rest of North America AI Camera Market by Component
9.4.2 Rest of North America AI Camera Market by Type
9.4.3 Rest of North America AI Camera Market by Technology
9.4.4 Rest of North America AI Camera Market by Vertical
Chapter 10. Company Profiles
10.1 Axis Communications AB (Canon, Inc.)
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segmental and Regional Analysis
10.1.4 Research & Development Expenses
10.1.5 Recent strategies and developments:
10.1.5.1 Partnerships, Collaborations, and Agreements:
10.1.6 SWOT Analysis
10.2 Bosch Security Systems GmbH (Robert Bosch GmbH)
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Segmental and Regional Analysis
10.2.4 Research & Development Expense
10.2.5 SWOT Analysis
10.3 Hangzhou Hikvision Digital Technology Co., Ltd.
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Regional Analysis
10.3.4 Research & Development Expenses
10.3.5 Recent strategies and developments:
10.3.5.1 Product Launches and Product Expansions:
10.3.6 SWOT Analysis
10.4 Honeywell International, Inc.
10.4.1 Company Overview
10.4.3 Segmental and Regional Analysis
10.4.4 Research & Development Expenses
10.4.5 Recent strategies and developments:
10.4.5.1 Product Launches and Product Expansions:
10.4.5.2 Acquisition and Mergers:
10.4.6 SWOT Analysis
10.5 Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Segmental and Regional Analysis
10.5.4 Research & Development Expense
10.5.5 SWOT Analysis
10.6 Johnson Controls International PLC
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Segmental & Regional Analysis
10.6.4 Research & Development Expenses
10.6.5 Recent strategies and developments:
10.6.5.1 Partnerships, Collaborations, and Agreements:
10.6.5.2 Product Launches and Product Expansions:
10.6.5.3 Acquisition and Mergers:
10.6.6 SWOT Analysis
10.7 LG Electronics, Inc. (LG Corporation)
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Regional & Segmental Analysis
10.7.4 Research & Development Expenses
10.7.5 SWOT Analysis
10.8 Nikon Corporation
10.8.1 Company Overview
10.8.2 Financial Analysis
10.8.3 Segmental and Regional Analysis
10.8.4 Research & Development Expense
10.8.5 Recent strategies and developments:
10.8.5.1 Product Launches and Product Expansions:
10.8.6 SWOT Analysis
10.9 Panasonic Holdings Corporation
10.9.1 Company Overview
10.9.2 Financial Analysis
10.9.3 Segmental and Regional Analysis
10.9.4 Research & Development Expenses
10.9.5 Recent strategies and developments:
10.9.5.1 Product Launches and Product Expansions:
10.9.6 SWOT Analysis
10.10. Samsung Electronics Co., Ltd. (Samsung Group)
10.10.1 Company Overview
10.10.2 Financial Analysis
10.10.3 Segmental and Regional Analysis
10.10.4 Recent strategies and developments:
10.10.4.1 Product Launches and Product Expansions:
10.10.5 SWOT Analysis

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