"A key automotive sensor is the optical camera, which leverages technologies from the billions of cameras developed for the smartphone market. A look at the automotive camera market reveals this explosive growth on the early roads to automation. As shown in Figure 3, studies predict the automotive camera market will grow to $7.5 billion in annual revenue by 2023, with compound annual growth of 24.3% from 2018 to 2023. Taking the view out further, annual revenue for all ADAS technologies is predicted to reach more than $65 billion by 2026.
Estimates of the number of cameras per car vary widely, as shown in Figure 4, but production volume of hundreds of millions of cameras per year is reminiscent of the large volumes seen in smartphones. Current estimates are 8-12 cameras per car in the immediate future."
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