Cloud cameras capture photos and videos and store them on the cloud. They can be accessed through a smartphone app and provide superior image quality as compared to traditional cameras. They provide remote monitoring capabilities and security features such as motion detection, night vision, two-way audio etc. which makes them useful for home security purposes.
The rising adoption of Internet of Things (IoT) is facilitating the growth of cloud cameras as they act as IoT devices that can be controlled remotely through the Internet. Most cloud cameras have inbuilt capabilities such as Wi-Fi or Bluetooth that allows a user to connect them to an IoT platform and control them using a smartphone application. They stream live videos and send alerts to the connected smart devices. Growing IoT infrastructure worldwide is augmenting the demand for cloud-connected security cameras.
The Global Cloud Camera Market Size is expected to witness high growth, exhibiting CAGR of 14% over the forecast period, due to increasing adoption of IoT technologies across various sectors. By 2030, the market size is projected to reach US$ 50 Bn.
The Asia Pacific region dominates the global cloud camera market and is expected to grow at the fastest rate during the forecast period. Countries such as China, India, and Japan contribute significantly to the growth of the market in the region due to rapid urbanization, increasing disposable incomes, and growing small home businesses.
Key regional markets include North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America holds a substantial share in the global cloud camera market due to high proliferation of advanced smart home infrastructure and presence of major players in the region.
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https://healthcarelatesteditionnews.blogspot.com/2023/11/cloud-camera-market-is-estimated-to.html
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