Due to the strong demand for Industry 4.0 across the region, North America is expected to dominate the Connected Enterprise market. Owing to the technical developments and availability of the top IoT suppliers and advanced infrastructure in the region the market is expected to witness significant growth.
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The Asia Pacific is the dominating region in the smart camera market. Asia Pacific is expected to grow at a CAGR of 21% over the forecasted period. Economic development in India, China, and Japan and the largest market for the smart camera makes it favorable for a manufacturer to invest in this region.