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Camera SOC Market Size to Grow USD 3016.6 Million by 2029 at a CAGR of 8.5% | Valuates Reports

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BANGALORE, India, July 11, 2024 /PRNewswire/ — Camera SOC Market is Segmented by Type (1080P, 2K, 4K, 8K), by Application (Automotive Camera, Action Camera, Panoramic Camera, IP Camera): Global Opportunity Analysis and Industry Forecast, 2023-2029.

Global Camera SOC market is projected to reach USD 3016.6 Million in 2029, increasing from USD 1733 Million in 2022, with a CAGR of 8.5% during the period of 2023 to 2029.

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Major Factors Driving the Growth of Camera SOC Market:

The market for camera System-on-Chip (SoC) is expanding significantly as a result of the growing integration of cameras in a variety of consumer electronics, including as tablets, smartphones, and smart home appliances. Camera SoCs improve speed and save power by combining many functions, including image processing, on a single chip. The need for improved camera SoCs is being driven by the emergence of social media and the rising popularity of high-resolution photography and video recording. The expansion of surveillance cameras in security applications and the automotive industry’s embrace of camera-based driver assistance systems are also driving market growth.

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TRENDS INFLUENCING THE GROWTH OF THE CAMERA SOC MARKET:

The market for Camera SoCs is expanding as a result of IP cameras adopting 1080p resolution, which improves picture quality and detail—a critical component for surveillance and security applications. Better identification and monitoring are made possible by the sharper footage produced by high-definition 1080p cameras. Because home and business security systems depend on this enhanced picture quality, there is a growing need for sophisticated Camera SoCs that can handle these kinds of high resolutions. The need for higher-end surveillance capabilities is driving growth in the market for Camera SoCs that support 1080p resolution.

The market for Camera SoCs is expanding due to the emergence of 2K and 4K resolutions, which are raising the bar for picture quality in a number of applications such as consumer electronics, security, and professional video production. These higher resolutions are very desirable for capturing tiny details and enhancing overall visual experiences since they provide noticeably improved image clarity and detail when compared to normal HD. Advanced SoCs with effective data processing and transmission capabilities are required due to the growing popularity of 2K and 4K cameras. The market is growing because of this need, which drives the creation and commercialization of advanced Camera SoCs.

The growth of the Camera SoC market is primarily driven by automotive cameras, which play a crucial role in advanced driver assistance systems (ADAS) and autonomous driving technologies. To interpret real-time video data for applications like lane departure alerts, accident avoidance, and parking assistance, these cameras need high-performance SoCs. The need for strong Camera SoCs is rising as cameras are being integrated into cars more and more to improve safety and allow for autonomous functions. The market for Camera SoCs in automotive applications is growing significantly as the sector prioritizes safety features and keeps innovating.

Any further significant element propelling the growth of the Camera SoC market is the proliferation of security and surveillance systems. The installation of surveillance cameras has increased dramatically as a result of the growing need for reliable security solutions in the public, commercial, and residential domains. For monitoring and security applications, these systems need to provide crisp, dependable footage, which can only be provided by high-quality Camera SoCs. The market for Camera SoC is being driven ahead by the increased emphasis on property security, criminal prevention, and public safety, which is driving up demand for sophisticated surveillance cameras.

The market for Camera SoC is expanding at a substantial rate thanks in part to the proliferation of smart home appliances. The increased customer interest in home automation and security is driving the popularity of smart home security systems, baby monitors, and doorbell cameras. For these devices to provide flawless connection and high-quality video streaming, Camera SoCs must be dependable and effective. Sophisticated Camera SoCs are being developed and used at a faster rate due to the growing need for superior camera technology incorporated into smart home devices.

The market for Camera SoC is expanding as a result of the widespread use of drones for delivery services, photography, videography, and surveillance. Drones need small, light, and powerful camera systems that can record and take excellent pictures. For drones to handle visual data effectively, advanced camera SoCs are necessary. The market is growing as a result of the increasing usage of drones in many sectors and the resulting demand for high-performance Camera SoCs to improve imaging capabilities.

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CAMERA SOC MARKET SHARE:

The camera SoC market is comparatively concentrated worldwide, with the top 5 global firms holding a market share of more than 50%.

From a production standpoint, mainland China, Taiwan, and the United States account for the majority of the world’s camera SoC firms, with a combined market share of over 75%.

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Key Companies:

ISP CoQualcomm IncAmbarellaHisiliconTINXPIngenic SemiconductorSigmaStarAllwinnerTechnologyNovatekRockchipAxera TechnologyShanghai Fullhan MicroelectronicsASR MicroelectronicsVATICSVimicro CorporationNextchipAxis CommunicationsFATRI (Xiamen) TechnologiesShenzhen Grandhan

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DISCOVER MORE INSIGHTS: EXPLORE SIMILAR REPORTS!

–          IP Camera SoC Market

–          The global video surveillance market size was valued at USD 42.94 Billion in 2019, and is projected to reach USD 144.85 Billion by 2027, registering a CAGR of 14.6% from 2020 to 2027.

–          On-camera Monitor market is projected to reach USD 113.5 Million in 2029, increasing from USD 86 Million in 2022, with a CAGR of 4.2% during the period of 2023 to 2029.

–          Conference Camera Market

–          IoT Camera SoC Chips Market

–          SoC for HD IP Camera Market

–          HD IP Camera IPC SoC Front-end Chip Market

–          Smart Security SoC Market

–          Consumer Camera Drones market was valued at USD 5474.7 Million in 2023 and is anticipated to reach USD 19520 Million by 2030, witnessing a CAGR of 20.6% during the forecast period 2024-2030.

–          Network Video Surveillance SoC Chip Market

–          Security Network Video Surveillance SoC Chip Market

–          IPC SoC Front-End Chip Market 

–          Multispectral Imager market is projected to reach USD 56970 Million in 2029, increasing from USD 14530 Million in 2022, with a CAGR of 20.9% during the period of 2023 to 2029.

–          Travel Trailer and Camper Market

–          Mobile Phone Application Processor Market

–          Security Monitoring Chip Market

–          4K Video Decoding Chip Market

–          Flat-Field Scanning Lens market was valued at USD 276 Million in 2023 and is anticipated to reach USD 366.5 Million by 2030, witnessing a CAGR of 4.1% during the forecast period 2024-2030.

–          Consumer-Grade Aerial Photography Drone market was valued at USD 2868 Million in 2023 and is anticipated to reach USD 25440 Million by 2030, witnessing a CAGR of 36.6% during the forecast period 2024-2030.

–          Multispectral Imaging System Market

–          Portable Multispectral Imagers Market

–          Laser Scanning Lenses Market

–          VR Panoramic Camera Market

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Our team of market analysts can help you select the best report covering your industry. We understand your niche region-specific requirements and that’s why we offer customization of reports. With our customization in place, you can request for any particular information from a report that meets your market analysis needs.

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Convene Showcases Smart Board Governance for AI & Risks at FEI’s Financial Leadership Summit 2025

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Convene joins FEI’s 2025 Financial Leadership Summit to present its modern board portal for financial services. Designed for banks and financial institutions, Convene helps boardrooms lead with confidence, respond to AI and risks, and maintain strong governance through enhanced collaboration, digital voting, seamless document access, and more.

LAS VEGAS, May 27, 2025 /PRNewswire-PRWeb/ — Artificial Intelligence (AI) is reshaping the finance industry at a rapid pace, heightening the pressure on boardroom directors to adapt. In a sector where split-second decisions are critical, traditional governance models already lack innovation to support data-driven decision-making and predictive risk management.

As AI becomes more prevalent, boards must carefully assess their digital strategies to ensure ethical, secure, and effective deployment. Convene, an award-winning board management software for financial services, showcased its smart governance features at the 2025 FEI Financial Leadership Summit, hosted by Financial Executives International (FEI). The event took place from May 18-20, 2025, at the JW Marriott Las Vegas Resort & Spa.

Convene: Designed for Compliance, Built for Financial Leaders

This year’s summit brought together top financial executives to unlock how smart and AI-powered technologies are transforming core financial services such as fraud detection, credit assessment, and market analysis.

At the forefront of digital innovation, Convene’s board portal empowers financial services and institutions with cutting-edge features that strengthen board security, efficiency, and compliance.

In fact, Convene is a trusted provider of Bank Forward, which has shared its positive experience with the platform. According to its Assistant Vice President of Risk Management, “We scoured the competition and chose Convene for its smart features for meeting preparation and document management. The Loan Committee can simply upload the presentations to Convene, create a review room, and everyone receives notification automatically once the loans have been signed off.”

With 99.99% uptime and bank-grade encryption, Convene board portal for banks streamlines approvals, enabling financial leaders to review proposals, make decisions, and respond swiftly to escalating risks. On top of that, security features such as audit trails and built-in compliance tracking enhance transparency and accountability, helping financial institutions meet stringent regulations of the Securities and Exchange Commission (SEC), National Credit Union Administration (NCUA), and Federal Deposit Insurance Corporation (FDIC).

Convene board portal for banks offers a comprehensive digital management solution, ensuring seamless integration with existing processes. Features like the agenda builder, live meeting tools, digital voting, and centralized document repository enhance information accessibility, freeing up time for strategic discussions and high-impact initiatives.

Unlocking AI-Powered Governance for Financial Boards

Convene advances financial board management even more with its latest innovation: Convene AI. Leveraging the power of AI in the boardroom, Convene built intelligent tools to support more agile and data-driven decision-making.

With powerful features like AI Companion and Automated Meeting Minutes, Convene board portal for financial services is redefining how boards capture insights, track actions, and access critical information. Acting as a smart virtual assistant for directors, AI Companion delivers tailored support and instant insights based on queries about meetings, documents, and other board materials.

To further streamline board operations, Automated Meeting Minutes removes the need for manual note-taking—enabling administrators to simplify and accelerate post-meeting workflows.

With the rise of AI in the finance industry, the demand for innovative and secure processes has never been greater. Convene’s participation at the FEI Summit demonstrated its commitment to empowering financial institutions with future-proof tools. The board management software for financial services aims to foster meaningful dialogues with industry leaders in support of the responsible adoption of AI.

Visit this page to learn more about Convene, a board portal built for financial services and banks. Experience firsthand how Convene bridged AI innovation and risk management at the 2025 FEI Financial Leadership Summit in Las Vegas and see what lies ahead for financial governance.

Media Contact

Thea Bermudez, Convene, 1 +13173615056, thea.bermudez@azeusconvene.com

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Daesang Corporation Participates in Asia’s Largest Food Expo “THAIFEX – ANUGA ASIA 2025”

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Integrated booth for “Jongga, O’Food, MamaSuka” at the Bangkok event. Accelerating penetration into Southeast Asian, European, and Middle Eastern markets Excellent lineup of global strategic products—kimchi, seaweed, sauces, HMR, and popular localized offerings from Vietnam and Indonesia

SEOUL, South Korea, May 28, 2025 /PRNewswire/ — Daesang Corporation announced on the 28th that it has joined the food trade expo “THAIFEX – ANUGA ASIA 2025,” held in Bangkok, Thailand, from the 27th to the 31st, leveraging its Jongga, O’Food, and MamaSuka brands to expand its global market presence.

This year marks the 21st event of “THAIFEX – ANUGA,” Asia’s largest food trade expo, organized annually by Thailand’s Department of International Trade Promotion (DITP), the Thai Chamber of Commerce (TCC), and Koelnmesse. This year, under the theme, “Beyond Food Experience,” over 3,100 exhibitors from more than 50 countries will unveil cutting-edge food trends and a host of innovative products, with upward of 90,000 industry professionals expected to attend.

At this year’s expo, Daesang Corporation is spotlighting its No. 1 kimchi brand “Jongga,” global food brand “O’Food,” and Indonesia’s “MamaSuka,” highlighting kimchi, seaweed, sauces, and HMR as its four flagship global strategic product categories. Particularly eye-catching are the localized products made in Vietnam and Indonesia, showcased from day one to great acclaim.

Authentic Korean flavors such as Jongga’s whole cabbage kimchi and seasoned kimchi, alongside various localized kimchi variants, are sharing the stage with O’Food’s halal-certified gochujang, red vinegar, and seaweed, products with strong global recognition. Additionally, Vietnamese produced cup tteokbokki and seasoned seaweed, as well as MamaSuka brand’s Indonesian made tteokbokki, fish cakes, seasoned seaweed, and sauces, are on display. Notably, MamaSuka seasoned seaweed, popular as a snack among locals, has enjoyed rising sales and now holds the No. 1 market share in Indonesia.

Throughout the event, industry attendees visiting Daesang Corporation’s booth are enjoying product tastings, and brand promotional materials and samples were distributed. Product category managers are on hand for on-site consultations.

“This expo represents a prime opportunity to showcase Daesang Corporation’s global brand strengths and to extend our influence not only in Southeast Asia but also in European and Middle Eastern markets,” said Lee Kyung-ae, Head of Daesang’s Kimchi Global Business Division. “We will continue to lead the global food market with differentiated, localized strategies that reflect rapidly evolving food trends.” 

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Alibaba’s Joe Tsai emphasized Trust as the 5th BEYOND Expo closed

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‘Fund at First Pitch’ attracts Global Investors with Future Tech

MACAO, May 28, 2025 /PRNewswire/ — The 5th BEYOND Expo 2025 wrapped up at The Venetian® Macao’s Cotai Expo after delivering a packed program of events that brought to life its vision of “Empowering Asia, Bridging the World”. Following four days of talks by tech leaders and visionaries, the Expo closed with the finals of Fund at First Pitch and a fireside chat with Alibaba Group Chairman Joe Tsai, illustrating the Expo’s commitment to supporting tech innovation in Asia. This year’s BEYOND Expo attracted more than 800 companies, 800 investors and 25,000 visitors, across sectors from AI, HealthTech and Clean Energy to Robotics and SportsTech, making it the biggest BEYOND Expo yet and one of the largest annual pan-Asian technology gatherings.

In a fireside chat with BEYOND Expo Co-Founder Jason Ho, Alibaba Group Chairperson Joe Tsai shared his views on Chinese companies going overseas, the challenges of doing business in the current business climate and the role of sport in global entertainment. He emphasized the importance of trust in business as part of a company’s mission. “Trust is built up over time. It’s very difficult to establish trust overnight. It’s all about people working together to achieve a goal. I think it’s easier if you have a common goal that you’re aiming for, then you can work on the details of establishing that trust. At Alibaba, from day one, we had a mission. The mission is to make it easy to do business anywhere because we wanted to help small businesses to use the internet platform to aspire globally. And that’s something that stayed true to us even today. So, our mission 26 years ago is the same mission today.”

He also highlighted how there are benefits to being a Chinese company but localization and cultural understanding remain key to success. “China today is recognized globally, especially in technology. People do look to China when it comes to AI, consumer internet, and cloud computing. China is definitely a heavyweight player in the global market, and for Alibaba being in the Chinese market because approximately 80%+ of our revenues still come from China. We do get recognized globally because China is a big country and a very important country in the whole global technology race.”

Talking about the future of technology he said “We’ve done very well with AI and large language models, AI is able to understand knowledge, and now able to reason. But spatial intelligence is where there still needs to be more advances in order for the robotics industry to move forward”.

BEYOND Expo included discussions about SportsTech. As Joe Tsai explained how the Brooklyn Nets can become a cultural concept and a global brand that extends beyond basketball. NIP Group CEO and the Macau E-Sports Federation Chairman Mario Ho shared his vision for the future of e-sports. Sports featured prominently throughout the Expo, with a popular demonstration arena set up the NBA, sports technology solutions from cycling to tennis, and exhibitor visits by former NBA stars Yao Ming and Metta World Peace.

BEYOND Expo’s Fund at First Pitch (FAFP) aims to encourage innovation and attract investment funding for winners. JumpStart Media Executive Chairman James Kwan chaired the 2025 Fund at First Pitch. Judges included Artest Management Group (AMG) Chairman, Metta World Peace; Gobi Partners Co-founder and Chairperson Thomas Tsao, and Lingotto Innovation Managing Partner & Co-Head Morgan Samet who quizzed five finalists and gave company valuations as they pitched their ideas. Gobi Partners is a leading Asia-focused venture capital firm with US$1.6 billion in assets under management (AUM) which has invested in over 380 startups. Lingotto Innovation is an investment company wholly owned by Exor which is owned by the Italian Agelli family. Innovative technology investments include Neura Robotics and Optalysys.

Finalists of ‘Fund at First Pitch’ were AI Green Limited, with a 100% bio-based polyurethane formulation for coatings that is bio-based, carbon-reducing, affordable, waterproof, recyclable, and durable. EcoLution is a Finnish-Chinese JV promoting low-carbon farming by upcycling by-products such as tofu. Healytec is a sports recovery tech company with a portable, lightweight hot and cold recovery device that reaches from +45 degrees to -10 creating a new standard in the market. AI4C is an AI agent that can connect to existing systems such as enterprise systems, including CRM, ERP, office automation to create greater efficiencies. 11Talk is an AI language-learning app tailored to the needs of Chinese learners. Past years of Fund at First Pitch have resulted in millions of dollars of funding.

BEYOND Expo Closing Ceremony @ The Venetian® Macao’s Cotai Expo

BEYOND Expo 2025 was held at The Venetian® Macao’s Cotai Expo. Since opening, Cotai Expo has been a leading conference, meetings and exhibition venue in Macao, and is one of the largest MICE venues in Asia, with approximately 71,000 square metres of exhibition space. It is also part of Sands® Resorts Macao, which attracts top event planners from around the world due to its 150,000 square metres of MICE space, world-class entertainment venues, award-winning accommodation, spectacular recreation and leisure options, unrivalled shopping experiences, and dynamic dining options. Sands Resorts Macao’s newest hotel, located within The Londoner® Macao, is Londoner Grand, which marks a bold new chapter in luxury for discerning travellers and event planners.

About BEYOND Expo

The BEYOND International Technology Innovation Expo (BEYOND Expo) is Asia’s leading annual technology event. Serving as a dynamic platform since 2021, BEYOND Expo not only showcases global technological innovations but also provides a unique opportunity to foster innovation upgrades across diverse industries and regions.

BEYOND Expo has attracted participation from Asia’s Fortune 500 companies, multinational corporations, unicorn companies, and emerging startups. Through a multifaceted approach involving expos, summits, and various activities, BEYOND Expo has successfully cultivated an innovative ecosystem, propelling collective development in the Asia-Pacific region and the global technology innovation industry. www.beyondexpo.com

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