According to Future Market Insights, The global camera technology market size is estimated to grow to US$ 25.3 billion by 2032. It is likely to exhibit a considerable CAGR of around 12% in the estimated time frame driven by Smartphones/Tablets, Security Cameras, Autonomous Vehicles and Drones. 

Many cameras are battery operated and require low power consumption and are increasingly becoming more intelligent with on-board AI processing. This makes them ideally suited for Numem’s NuRAM and SmartMem solutions which is why Numem has been used in a number of AI-enabled Camera applications.