Knowledge Sourcing Intelligence Blog

The Global Compact Camera module market is projected to grow at a CAGR of 12.35 % during the forecast period to reach US$64.021 billion by 2027, from US$28.326 billion in 2020. Compact Camera Module is commonly used in video conferencing , security systems, and real-time monitoring as a video input device. With the advancement of Internet technology, the continual improvement of network speed, combined with the maturity of photographic imaging device technology and its widespread usage in the manufacture of cameras, the price of cameras has fallen to a level that ordinary people can afford. Camera is now widely utilized in mobile phones, PDAs, and Tablet PCs, encouraging further advances in photographic imaging technology such as 5 megapixels, 8 megapixels, 13 Megapixels, and 24 Megapixels. Compact camera modules are commonly found in electronic gadgets like cell phones and tablets. The compact camera module is designed for ease of use, with focus-free or autofocus lenses for focusin

The Global Smart Vending Machine Market is anticipated to grow at a Compound Annual Growth Rate of 13.30%, from a market value of US$4.807 billion in 2020 to US$11.522 billion in 2027. A machine specializes in providing snacks and drinks with the touch of a button. Smart vending machines have interactive touch screens, digital payments, contactless ordering, pre-booking, and other features known as smart or intelligent retail. In this era, the increase in technological advancement has always been an option for Grab & Go, providing convenience and low cost that helps make more options presented in a vending machine. As smart vending machines advance, they now provide users with more interactive tools such as gesture-based interaction, touch-screen, all modes of cashless transactions, and others. The smart vending machine not only does sell beverages and snacks like traditional vending machines, but it also displays nutritional information to shoppers, which is now a mandatory legal