According to a market report by Lucintel, the future of the global image recognition AI camera market looks promising with opportunities in the scanning and imaging, security and surveillance, image search, and augmented reality applications. The global image recognition AI camera market is expected to reach an estimated $2.59 billion by 2030 with a CAGR of 21.4% from 2024 to 2030.
The major drivers for this market are increasing use of this technology in self-driving vehicles, rising demand for AI based diagnostic imaging, and growing popularity towards industry 4.0.
A more than 150 – page report is developed to understand trends, opportunity and forecast in image recognition AI camera to 2030 by component (hardware, software, and services), technology (barcode recognition, facial recognition, object recognition, and pattern recognition), application (scanning and imaging, security and surveillance, image search, augmented reality, and others), end use industry (BFSI, media, and entertainment), and region (North America, Europe, Asia Pacific, and the Rest of the World).
In this market, hardware, software, and services are the major segments of image recognition AI camera market by component.
Lucintel forecast that software is expected to witness highest growth over the forecast period due to increasing need for this component-based image processing in a variety of fields, such as computer graphics, autonomous cars, medical imaging, and picture editing.
Within this market, security and surveillance will remain the largest segment due to rising need for AI based cameras in security and surveillance systems across a range of sectors, including business, industry, and government.

APAC is expected to witness highest growth over the forecast period due to presence ofkey players and rapid adoption of image recognition technologies in various end use industries, such as manufacturing, healthcare, and retail of the region.

Apple, Canon, Hanvon Technology, Hewlett Packard Enterprise Development, Moleskine, Neolab Convergence, Toshiba, Wacom, and XCALLIBRE are the major suppliers in the image recognition AI camera market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]