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The major growth driver of Smart Cameras Market includes growing technological advancement in camera market, growing electronics and semiconductor industries, and rise in adoption of automation systems by homes and industries among others.

Smart camera is the advanced version of conventional cameras. The smart camera offers the transfer of photos through the wireless technology such as near field communications (NFC), Wi-Fi and Bluetooth. The smart camera are extensively used in electronic gadgets such as laptop, smartphones and PCs. The photos which are captured through the smart camera can easily transferred to other devices and shared through the social networking sites such as Instagram, LinkedIn, Facebook and many more.

Increase in demand for security and surveillance, sophisticated features, and ease of installation process in the electronic gadgets are expected to be propelling features for the smart camera market. However, lack of standardization and constant review of regulatory policies of local bodies of different economies on the installation of smart cameras at sensitive locations are presumed to be hinder the growth of Smart Camera Market.

Major Key Players:

Some of the major players in Global Smart Camera Market include – Samsung Electronics Co., Ltd. (Republic of Korea), Panasonic Corporation (Japan), Olympus Corporation (Japan), Canon Inc. (Japan), Fujifilm Corporation (Japan), Micro-scan Systems, Inc. (U.S.), Nikon Corporation (Japan) and XIMEA GmbH (Germany) among others, are profiled in MRFR Analysis and are at the forefront of competition in the global smart camera market.