LDV Capital Insights

45 Billion Cameras by 2022 Fuel Business Opportunities

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Published: August 2017

This five year market analysis is the first publicly shared, in-depth analysis which estimates how many cameras will be in the world in 2022. We believe it is a conservative forecast as a couple sectors will be included in future research.

The entire visual technology ecosystem is driving and driven by the integration of cameras and visual data. Visual technologies are any technologies that capture, analyze, filter, display or distribute visual data for businesses or consumers. They typically leverage computer vision, machine learning and artificial intelligence. 

Over the next five years there will be a proliferation of cameras integrated into products across industries and markets. A paradigm shift will take place in the meaning and use of a camera.

Taking into account the industries that will embed cameras into products, those that will add additional cameras to products, and new vision-enabled products that will arise, the number of cameras will grow at least 220% in the next five years. 

This growth in cameras delivers tremendous insight into business opportunities in the capture, analysis and interpretation of visual data. Cameras are no longer just for memories. They are becoming fundamental to improving business and society. Most of the pictures captured will never be seen by a human eye.

This 19 page report is the first of a multi-phased market analysis of the visual technology ecosystem by LDV Capital. Facts and trends include:

  • Global Camera Forecast
  • Paradigm Shift in Visual Data Capture
  • Depth Capture & New Verticals Driving Growth
  • LDV Market Segments To Watch
  • Visual Technology Ecosystem Growth
  • Processing Advances Enable Leaps in Visual Analysis
  • War Over Artificial Intelligence Will Be Won with Visual Data

Key Findings:

  • Most of the pictures captured will never be seen by a human eye.
  • A paradigm shift will take place in the meaning and use of a camera.
  • Over the next five years there will be a proliferation of cameras integrated into products across industries and markets.
  • Where there is growth in cameras there will be tremendous business opportunities in the capture, analysis and interpretation of visual data.
  • Depth capture will double the number of cameras in handheld cameras.
  • By 2022, the number of cameras will be nearly 12X the 2012 figures.
  • Your smartphone will have between 4 and 10 cameras by 2022.
  • The Internet of Eyes will be larger than the Internet of Things. 
  • In the next five years, robotics will have 20X more integrated cameras.
  • By 2022, all new vehicles will be equipped with more than 25 cameras and this does not include Lidar or Radar.


We look forward to hearing your insights, learning about your startups and reading your research papers on how businesses are addressing these challenges and opportunities. UPDATE: The total was corrected as of Aug 11, 2017 at 4:00PM EST. 

Information in this report can be referenced and quoted with hyperlink to this page and credit ©LDV Capital  


 
 
 
 

2015 LDV Vision Book: Andy Weissman, Joanne Wilson, Lane Becker, Emily Gray, Michael Cohen, Evan Nisselson And 65 Other Experts In Visual Technology.

2014 LDV Vision Book: Om Malik, Rebecca Paoletti, Evan Nisselson, Betsy Morgan, Serge Belongie, Adam Singolda And 26 Other Experts in Visual Technology. 

Tucker Max wrote This Investor's Strategy To Share His Conference Is Your Next Marketing Lesson

THE LDV VISION SUMMIT is an annual gathering of the world's top technologists, visionaries, creators, startups, brand executives and investors with the purpose of exploring how imaging and video technologies will empower or disrupt businesses and society.

This book was created to capture the challenges and opportunities for businesses in our visual technology ecosystem in an easy-to-digest format. It simplifies ideas on complex technologies like computer vision, artificial intelligence, deep learning, augmented reality, social media, future of cameras, as well as business solutions via visual analytics, monetization and the future of publishing.

Whether you're an expert looking to understand new technologies, an investor interested in finding the next Youtube or Instagram, or anyone in between, this book will get you up to speed on the latest developments in image and video technologies.

 

LDV Vision Summit was not only fun but also a real learning experience for me.
— Andy Weissman, Partner, Union Square Ventures
Visual technology porn with it’s top stars on one stage: a dream come true.
— Paul Melcher, Kaptur, Creator & Writer
Every year the LDV Vsion Summit assembles the foremost thinkers, builders, and business leaders in the visual field. It’s always illuminating and inspiring.
— Erick Schonfeld, Executive Producer, DEMO & Co-Founder, Touchcast
The LDV Vision Summit was a tour de force.
— Amol Sarva, Co-Founder & CEO, Knotable
Like any VC, I go to a lot of tech industry events and I’ve gotta say… I have rarely if ever been to a first time event that came out of the gates as strong as this one. Hats off, and I look forward to next year!
— Brad Svrluga, Primary Venture Partners
You brought a lot of great thinkers in the space together. I enjoyed it!
— Megan Cunningham, Magnet Media, Founder & CEO
LDV Vision Summit felt like all the movers and shakers from across the world of Vision, coming together in the throbbing heart of Gotham City.
— Julian Green, Group PM Mobile Vision, Google.
Really impressive and most important - amazing founders presenting.
— Adam Singolda, Taboola, Founder & CEO
It’s bold to bring everyone together from deep machine learning to publishers as brands - but it worked so well! I learnt a lot and met some great people, so thank you so much for including me!
— Sophie Lebrecht, Neon Labs, CEO
I really enjoyed the blend of the forward-looking tech and more immediate media discussions.
— Paul Marcum, Head of Global Digital Video, Bloomberg LP
 

2015 LDV Vision Book: Featuring industry experts:

How Visual Technologies Are Revolutionizing Business & Humanity. Evan Nisselson, LDV Capital

A Moment In Space: Reimagining Photography. Radu Rusu, CEO & Co-Founder, Fyusion

Computational Photography and Video. Evan Nisselson, LDV Capital; Michael Cohen, Principal Researcher, Microsoft Research; Paul Green, CTO & Co-Founder, Algolux; Ramesh Raskar, Associate Professor, MIT Media Lab

Building A Cloud Enabled Home For All Your Memories. Peter Welinder, Engineering Manager, Dropbox

Computer VisIon Advancement And Challenges. Sean Ammirati, Partner, Birchmere Ventures; Serge Belongie, Professor, Cornell Tech; Andrea Frome, Software Engineer, Nuna Health; Mor Naaman, Chief Scientist & Co-Founder, Seen.co; Simon Osindero, A.I. Architect, Flickr

We’re Taking Billions Of Photos A Day. Pete Warden, Engineer, Google

Deep Reasoning For Video Content Understanding At Yahoo. Alex Jaimes, Director of Research & Video Product, Yahoo

Leveraging Computer Vision. Andy Parsons, CTO, Kontor; Samir Kumar, Sr. Dir. Business Development & Product, Qualcomm Research; Carter Maslan, CEO & Founder, Camio

Fireside Chat With Serial Entrepreneur. Lane Becker, Serial Entrepreneur & Author And Evan Nisselson, LDV Capital

Future Investment Opportunities In Business. Erick Schonfeld, Co-Founder, TouchCast; Sean Ammirati, Partner, Birchmere; Ventures Patrick Eggen, Head of Seed Investment Program, Qualcomm Ventures;  Geoff Judge, Partner, iNovia Capital

Automating The Black Magic In Deep Learning. Andrew Rabinovich, Principal Engineer, Magic Leap

Enterprises Are Leveraging Smart Glasses To Be More Efficient. Jay Kim, CTO, APX Labs

The power And Promise Of Emotion Aware Machines. Marian Stewart Bartlett, Co-Founder & Lead Scientist, Emotient

Analyzing Satellite Imagery. James Crawford, Founder, Orbital Insight

Can Computer Vision Help Retailers Better Understand Consumer Habits?  Alexandre Winter, CEO & Founder, Placemeter

Will Computer Vision Exponentially Increase Clothing Commerce?  Jonathan Shieber, Editor, TechCrunch; Alper Aydemir, Co-Founder, Volumental; George Borshukov, CTO, Intervisual

How Can Data Science Evaluate Why Some Advertising Creative Content Resonates More Than Others? Claudia Perlich, Chief Scientist, Dstillery

New Approaches To Image search Metadata. Andy Parsons, CTO, Kontor

Visually Mapping The World Can Improve Our Daily Activities. Erick Schonfeld, Co-Founder, TouchCast; Jan Erik Solem, CEO & Founder, Mapillary; Luc Vincent, Director, Engineering, Google; Alyssa Wright, VP Partnerships & Business Development, Mapzen

Visual Content Will Inspire, Move Financial Markets, Advertisers Know When We Are Happy or Sad, and Improve Our Health!  Evan Nisselson, LDV Capital

JP Morgan Analyst To World Traveling Photographer. Natalie Amrossi, Photographer, Misshattan 

Future Of Still And Video Cameras. Evan Nisselson, LDV Capital; Hans Peter Brøndmo, Serial Entrepreneur;
Julian Green, Group Product Manager, Google


As an Intrapraneur, Brad Short Invented A New PC & Creativity Station. Brad Short, Immersive Computing Group Chief Architect, Hewlett Packard

Video Advertising Continues To Exponentially Grow Online. Erika Trautman, CEO & Co-Founder, Rapt Media

Entertainment In The Age Of Participatory Live Streaming Media. Adi Sideman, CEO, YouNow

The Explosion Of Digital Video. Richard Greenfield, Managing Director, BTIG; Greg Clayman, GM, Audience Networks, Vimeo; Emily Gray, VP, Revenue Products, Refinery29; Paul Marcum, Head of Global Digital Video, Bloomberg

The Revenue Potential Is Tremendous For Automatically Keywording. Matthew Zeiler, CEO & Founder, Clarifai

Is Live Streaming A Recurring Fad. Rebecca Paoletti, CEO, CakeWorks; Rushabh Doshi, VP & GM, Firetalk; Felipe Heusser, CEO, Rhinobird.tv; Lippe Oosterhof, CEO, Livestation

Bark & Co. Is The Disney For Dogs. Matt Meeker, CEO & Co-Founder, Bark & Co.

Emotions Are Core To Humanity And Every Aspect Of Our Lives. Nick Langeveld, President & CEO, Affectiva

Challenges And Opportunities Facing Original Content Creators. Jocelyn Johnson, CEO & Founder, VideoInk; Inbar Barak, SVP, Digital Strategy & Programming, Martha Stewart Living; Nathan Brown, GM, SVP Video, Huffington Post; Tom Wilde, CEO & Founder, Ramp

Can Dynamic Images And Video Exponentially Increase ROI? Vivek Sharma, CEO & Founder, Movable Ink

How Photographers & Brands Can Build An Exponential Voice. David Krugman, Social Editor, BBDO

New Visual Literacy Impact By Modern Technology.  Charles Traub, Chair, MFA Photography & Related Media, School of Visual Arts, Marvin Heiferman, Curator & Writer, Art in America Cheryl Heller, Chair, MFA Design for Social Innovation, SVA Elizabeth Kilroy, Chair, International Center of Photography

WikiHow Is The World’s Most Popular How-To Website.  Thom Scher, Sr. Director Marketing & Visual Content

Visualizing User-Generated Content To Better Understand Humanity. Dr. Lev Manovich, Professor, The Graduate Center, City University of New York

Key Metrics: A Strategy For Building A Sustainable Digital Video Business. Rebecca Paoletti, CEO, CakeWorks

Will Global Monetization & Distribution Be Disrupted Or Empowered?  Jamie Wilkinson, CEO & Co-Founder, VHX

Fireside Chat With Joanne Wilson Of Gotham Gal Ventures And Evan Nisselson, LDV Capital

Fireside Chat With Andy Weissman, Partner, Union Square Ventures And Evan Nisselson, LDV Capital

Trends In Visual Communication And Technology Investing. Evan Nisselson, LDV Capital; Andrew Cleland, Managing Partner, Comcast Ventures; Anu Duggal, Founding Partner, Female Founders Fund;
Andy Weissman, Partner, Union Square Ventures

Computer Vision Knows What Colors Are Best. Asmau Ahmed, CEO, Founder, Engineer, Plum Perfect

The Way You Move Is The Way You Experience The World. Kegan Schouwenburg, CEO & Co-Founder, SOLS

Decoupling Medical Care From Location And Time. Meghan Conroy, CEO & Founder, CaptureProof

The Number Of Missed Major Diagnoses Has Not Essentially Changed. Elad Benjamin, CEO, Zebra Medical Vision

 

2014 LDV Vision Book: Featuring industry experts:

The Future of Visual Communications: Evan Nisselson, LDV Capital

The Growth of Video: Rebecca Paoletti, CEO & Co-Founder, CakeWorks

The Foundations of Computer Vision: Serge Belongie, Professor, Cornell Tech

Surviving and Thriving with Social Media: Ron Haviv, Photographer and Co-Founder of VII Agency

The Future of Cameras: Martin Källström, Co-founder & CEO, Narrative; Flo Meissner, Co-founder & CEO, EyeEm

Crowdsourcing Map Photos: Jan Erik Solem, CEO & Founder, Mapillary

Recent Progress In Computer Vision: Rob Fergus, Research Scientist, Facebook Artificial Intelligence Research

The Future of Image Recognition: Serge Belongie, Professor, Cornell Tech; Gary Bradski, VP Computer Vision & Machine Vision, Magic Leap; Moshe Bercovich, GM Israel, Shutterfly

Investing In Visual Technology Opportunities: Om Malik, Venture Partner, True Ventures; Evan Nisselson, LDV Capital, David Pakman, Partner, Venrock; David Aronoff, General Partner, Flybridge Capital Partners

How The Modern Family Saves And Shares Memories: Offir Gutelzon, Co-Founder & CEO, Keepy

Video Founder Confessions: Adam Singolda, CEO and Founder, Taboola

How Do We Measure Success? Eric Berry, CEO & Co-Founder, TripleLift

Key Metrics And Brand Engagement: Jocelyn Johnson, CEO & Founder, VideoInk; Sophie Lebrecht, CEO & Co-Founder, Neon Labs; Adam Paulisick, SVP Marketing & Strategy, Nielson Catalina Solutions; Mike Henry, CEO, Outrigger Media

Viral Video Marketing: Matt Ruby, CEO & Founder, Vooza

Brands Are Publishers Too! Rich Greenfield, Managing Director, Media & Technology Analyst, BTIG; Todd Sawicki, CEO, Zemanta Jason Krebs, Head of Sales, Maker Studios; Jeffrey Madoff, CEO, Madoff Productions; Tobias Peggs, CEO, Aviary

Trends In Original Video Programming: Rebecca Paoletti, CEO & Co-Founder, CakeWorks; J.R. McCabe, SVP Video, Time Inc.; Megan Cunningham, CEO, Magnet Media; Betsy Morgan, President, The Blaze; Erick Schonfeld, Co-Founder, TouchCast

The Future Of Visual Communications: Rick Smolan, CEO, Against All Odds Productions