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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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Valuates offers in-depth market insights into various industries. Our extensive report repository is constantly updated to meet your changing industry analysis needs.

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.

To achieve a consistent view of the market, data is gathered from various primary and secondary sources, at each step, data triangulation methodologies are applied to reduce deviance and find a consistent view of the market. Each sample we share contains a detailed research methodology employed to generate the report. Please also reach our sales team to get the complete list of our data sources.

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Where’s the Best Deal on the Block? Realtor.com® Launches Dynamic Map Layers to Help Homebuyers Find It and So Much More

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Homebuyers can now visualize hyperlocal insights and broader neighborhood trends to find their perfect home

SANTA CLARA, Calif., Sept. 24, 2024 /PRNewswire/ — Today, Realtor.com® announced the launch of dynamic map layers, a set of new map-based search features that allow users to answer classic home-buying questions like “Is this house the best deal on the street?” and “Where can I find the newest homes in a neighborhood?” or “Where are houses selling for a lower price per sqft.?” Now, users can explore multiple ZIP codes and neighborhoods with one quick glance and use this information to find the home they want.

Dynamic map layers deliver a unique zoom and pan experience that shows real-time visualizations of property data and neighborhood insights all in one map. When applied, each layer illustrates search parameters through color shading that represents aggregated data including market trends for a specific area. The shading dynamically adjusts to the property level as the user zooms in, and gets broader as they zoom out, adapting to highlight different data at each zoom level. Users can apply different map layers and access unique Realtor.com® econometric data, like market hotness, to find the best home options based on what they’re looking for.

“Do you remember when you bought your first smartphone and how it completely changed how you use a phone? Dynamic map layers are going to change how people search for homes online,” said Mausam Bhatt, Chief Product and Technology Officer, Realtor.com®. “They are an entirely new pathway to home discovery that allows buyers to answer their most pressing questions with a look at a map. They present data in an interactive way that is easy to use, easy to understand, and easy to make the most informed decisions with – so users can confidently choose the place they call home.”

Seventy-one percent of real estate website/app users think that more visual or map-based features could help them learn more about properties and compare homes more easily, according to a recent survey conducted by Realtor.com®. Ninety percent stated they would value being able to search for “home size” and “home value” via a map on a real estate search sites.

Whether it’s someone with a limited budget searching for the best buy in a specific area; a buyer who wants to understand the market competition of a home in order to make the best offer; or, a buyer who is comparing multiple neighborhoods so they can decide where to invest, Realtor.com® users can dive deeper and explore homes with the following layer options:

Home Estimate – the home’s current estimated value, powered by RealEstimatesmEstimate/ sqft. – the home’s current estimate total value divided by its total square footage, powered by RealEstimatesmLot Size – the property’s parcel size as measured in acresLot Slope – the property parcel’s average lot slopeHome Size – the size of the home measured in sqft.Year Built – the year the home was builtMarket Hotness – an index from 1-100 (very cool to very hot) indicating how quickly homes sell and the level of buyer demandSold Price vs. List Price – the sold price shown as a percentage of the original list price (based on properties sold in the last year)Sold Price/ sqft. – the home’s most recent sale price divided by its total square footageDays on Market – the time it takes properties to sell (based on properties sold in the last year)Neighborhood – display neighborhood boundaries and access details on the number of homes on the market, the median number of days homes spend on the market and the median list price within a neighborhood

Dynamic map layers offer unparalleled data visualization with dynamic zoom and pan functionality. By using these layers, users can get an equally holistic and granular view of a home’s characteristics and a neighborhood’s attributes.

About Realtor.com®
Realtor.com® is an open real estate marketplace built for everyone. Realtor.com® pioneered the world of digital real estate more than 25 years ago. Today, through its website and mobile apps, Realtor.com® is a trusted guide for consumers, empowering more people to find their way home by breaking down barriers, helping them make the right connections, and creating confidence through expert insights and guidance. For professionals, Realtor.com® is a trusted partner for business growth, offering consumer connections and branding solutions that help them succeed in today’s on-demand world. Realtor.com® is operated by News Corp [Nasdaq: NWS, NWSA] [ASX: NWS, NWSLV] subsidiary Move, Inc. For more information, visit Realtor.com®.

Media Contact
Asees Singh press@realtor.com

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SOURCE realtor.com

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Socket Mobile Announces CaptureSDK Support for iOS 18

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FREMONT, Calif., Sept. 24, 2024 /PRNewswire/ — Socket Mobile, Inc. (NASDAQ: SCKT), a leading provider of data capture and delivery solutions designed to enhance workplace productivity, is excited to announce that CaptureSDK and its entire line of barcode scanners and NFC reader/writers have been thoroughly tested and have achieved full compatibility with iOS 18.

iOS 18 compatibility across the entire Socket Mobile product line ensures that Apple users can maximize the utility of both their Socket Mobile data readers and their Bluetooth-paired Apple iPhones or iPads. CaptureSDK’s support for iOS 18 means that business applications continue to run smoothly on Apple’s latest platform, offering stability, efficiency, and access to the newest features. Users can seamlessly integrate the latest Apple advancements into their workflow and expect optimal performance from both devices.

“Socket Mobile has a strong track record of maintaining compatibility with Apple’s latest advancements and is devoted to supporting our app developer partners. We strive to provide ultimate device compatibility and best-in-class development tools,” said Dave Holmes, Chief Business Officer at Socket Mobile. “With iOS 18 support added to CaptureSDK, all users of our data capture devices can stay current with Apple’s latest technology while discovering new ways to leverage the power and versatility of our barcode scanners and NFC reader/writers.

“To ensure compatibility and to take full advantage of the features offered by our barcode scanners and NFC reader/writers, app development partners only need to upgrade their apps to the latest version of CaptureSDK whenever new updates are released. Our world-class support team is always available to ensure that their data capture solutions continue to work seamlessly. Combined with the quality of our products and dedicated support, this makes Socket Mobile’s CaptureSDK, along with our scanners and readers, an excellent choice for Apple device users.”

CaptureSDK has been integrated into thousands of applications and gives app providers reliable and consistent data capture performance, enabling their apps to efficiently capture data in the physical world. With CaptureSDK, app providers can maximize the value of their solution and increase their customer’s overall productivity and satisfaction. With CaptureSDK-enabled apps, end-users can interchange any of Socket Mobile’s data capture devices, resulting in the freedom to choose the best reader for each customer’s requirements at any given time. With iOS 18 compatibility, Socket’s CaptureSDK delivers a new level of control and adaptability for iOS app developers.

iOS compatibility will always be a focus for Socket Mobile as Apple continues to roll out new updates for its customers.

Learn More About CaptureSDK

Media Contact: David Holmes, David.holmes@socketmobile.com

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SOURCE Socket Mobile, Inc.

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JinkoSolar Unveils its First Climate White Paper at 2024 New York Climate Week

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SHANGRAO, China, Sept. 24, 2024 /PRNewswire/ — JinkoSolar Holding Co., Ltd. (the “Company,” or “JinkoSolar”) (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced its principle operating subsidiary Jinko Solar Co., Ltd.’s participation in the 2024 New York Climate Week, where we officially launch the English version of our first Climate White Paper*. This comprehensive report outlines our commitment to sustainability, innovative strategies to reduce carbon emissions, and actionable steps for creating a greener, more resilient future.

As one of the leading voices in the fight against climate change, JinkoSolar has long been dedicated to aligning its operations with global climate goals. The new White Paper not only highlights the progress we’ve made, but also identifies new opportunities in both the PV and BESS sectors to collaborate across industries to accelerate decarbonization and enhance sustainability efforts.

Meanwhile, Jinko Solar Co., Ltd. as a member of the Board of Directors of the Global Solar Council, is honored to be part of the Finance Roundtable and, together with the Global Solar Council, co-hosting the discussion for lowering solar PV cost. This roundtable brings together development and commercial banks, industry experts, policymakers, and business leaders in shaping the future of climate action. Our active participation underscores our firm belief that addressing the climate crisis requires bold and decisive action together with financial players.

JinkoSolar looks forward to continuing its leadership in the bankability and sustainability space and to driving meaningful change in the global effort to combat climate change.

*Note: Disclosed information in the report covers our principal operating subsidiary Jinko Solar Co., Ltd. and its subsidiaries. The report is available on the Company’s website at https://www.jinkosolar.com/en/site/responsibility.

About JinkoSolar Holding Co., Ltd.

JinkoSolar (NYSE: JKS) is one of the largest and most innovative solar module manufacturers in the world. JinkoSolar distributes its solar products and sells its solutions and services to utility-scale, commercial and residential customers in China, the United States, Japan, Germany, the United Kingdom, Chile, South Africa, India, Mexico, Brazil, the United Arab Emirates, Italy, Spain, France, Belgium, Netherlands, Poland, Austria, Switzerland, Greece and other countries and regions. 

JinkoSolar had over 10 productions facilities globally, over 20 overseas subsidiaries in Japan, South Korea, Vietnam, India, Turkey, Germany, Italy, Switzerland, the United States, Mexico, Brazil, Chile, Australia, Canada, Malaysia, the United Arab Emirates, Denmark, Indonesia, Nigeria and Saudi Arabia, and a global sales network with sales teams in China, the United States, Canada, Brazil, Chile, Mexico, Italy, Germany, Turkey, Spain, Japan, the United Arab Emirates, Netherlands, Vietnam and India, as of June 30, 2024.

To find out more, please see: www.jinkosolar.com

Safe Harbor Statement

This press release contains forward-looking statements. These statements constitute “forward-looking” statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other things, the quotations from management in this press release and the Company’s operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Further information regarding these and other risks is included in JinkoSolar’s filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, the Company does not undertake any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.

For investor and media inquiries, please contact:
Ms. Stella Wang
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5180-8777 ext.7806
Email: pr@jinkosolar.com

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SOURCE JinkoSolar Holding Co., Ltd.

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