Date: Wednesday, May 18 (Main Conference Day 2)
Start Time: 1:30 pm
End Time: 2:00 pm
2022 may be the start of a reckoning for hardware-focused camera brands as selling on the lowest price is an unsustainable business model. Strategy Analytics has observed that as the global camera installed base — including indoor, outdoor, and video doorbell cameras—is set to pass 300 million units by the end of 2022, the camera market is entering a cycle of iterative, not innovative, updates. Enhanced object detection, trainable facial recognition, improved motion tracking, and the local, edge, and cloud AI powering these services will fuel the next stage of smart home camera market growth. In this talk, we’ll examine what camera market dynamics have reigned over the last few years, and then identify the key opportunities and obstacles that lay ahead for market participants. We’ll also assess how camera component manufacturers, video analytics providers, and applications software and service developers can benefit as the smart home camera market evolves.