South Africa Ai Camera Market Size & Outlook, 2025-2030
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South Africa ai camera market highlights
- The South Africa ai camera market generated a revenue of USD 108.2 million in 2024 and is expected to reach USD 420.7 million by 2030.
- The South Africa market is expected to grow at a CAGR of 24.5% from 2025 to 2030.
- In terms of segment, hardware was the largest revenue generating component in 2024.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
Ai camera market data book summary
| Market revenue in 2024 | USD 108.2 million |
| Market revenue in 2030 | USD 420.7 million |
| Growth rate | 24.5% (CAGR from 2025 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Services |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Services |
Other key industry trends
- In terms of revenue, South Africa accounted for 0.8% of the global ai camera market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa ai camera market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 337.2 million by 2030.
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AI Camera Market Scope
AI Camera Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Axis Communications AB | View profile | 1001-5000 | Skane, Varmlands Lan, Sweden, Europe | http://www.axis.com/ |
| Bosch Security Systems | View profile | 10001+ | Kista, Stockholms Lan, Sweden, Europe | http://www.boschsecurity.com |
| Johnson Controls, Inc. | View profile | - | - | - |
| Sony Corporation | View profile | - | - | - |
| Hikvision Digital Technology | View profile | 10001+ | Hangzhou, Zhejiang, China, Asia | https://www.hikvision.com |
| Teledyne FLIR | View profile | 1001-5000 | Wilsonville, Oregon, United States, North America | http://www.flir.com |
| LG Electronics Inc ADR | View profile | 35111 | Twin Tower 128, Yeoui-daero, Yeongdeungpo-gu, Seoul, Korea, Republic of, 07336 | https://www.lge.co.kr |
| Nikon Corp | View profile | 19444 | Konan 2-15-3 Shinagawa Intercity Building C, Minato-ku, Tokyo, Japan, 108-6290 | http://www.nikon.co.jp |
| Samsung Electronics Co Ltd | View profile | 124804 | 129, Samsung-ro, Yeongtong-gu, Gyeonggi-do, Suwon-si, Korea, Republic of, 443-742 | https://www.samsung.com |
| Canon Inc | View profile | 169151 | 30-2, Shimomaruko 3-Chome, Ohta-ku, Tokyo, Japan, 146-8501 | https://www.global.canon |
| Honeywell International Inc | View profile | 95000 | 855 South Mint Street, Charlotte, NC, United States, 28202 | https://www.honeywell.com |
| Panasonic Holdings Corp | View profile | 230025 | 1006, Oaza Kadoma, Kadoma-shi, Osaka, Japan, 571-8501 | https://holdings.panasonic |
South Africa ai camera market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to ai camera market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 70.89% in 2024. Horizon Databook has segmented the South Africa ai camera market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of ai camera market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa ai camera market , including forecasts for subscribers. This country databook contains high-level insights into South Africa ai camera market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa ai camera market size, by component, 2018-2030 (US$M)
South Africa AI Camera Market Outlook Share, 2024 & 2030 (US$M)
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