PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1121533
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1121533
According to SPER Market Research, the Global Webcam Market is estimated to reach USD 22.28 billion by 2030 with a CAGR of 12.5%.
The webcam market consists of the sale of webcams by entities (organizations, sole traders, and partnerships) that are used to transmit pictures and videos over the internet by recording images and are also widely used with instant messaging services. Webcams are categorized under input devices that can capture pictures and HD videos and are implemented for video conferencing and security surveillance purposes. Software applications within the computer enable a user to view the image captured through USB cameras. The webcams are available with analog and digital technology and offer various applications such as video conferences, security and surveillance, visual marketing, entertainment, live events, and others.
The growing need for security and surveillance is significantly contributing to the growth of the webcam market. Therefore, the growing need for security and surveillance is driving the growth of the webcam market. The major players in the webcam industry are developing smart webcams with advanced technologies such as artificial intelligence to increase their consumer base. For instance, in February 2019, Xiaomi, a China-based consumer electronics company launched the smart Mi home security camera with an AI motion detection feature.
Major players in the webcam market are: Microsoft Corporation, Lenovo, Xiaomi, Razer Inc., Logitech, KYE Systems Corp, Ausdom, Teng Wei Video Technology Co. Ltd.
The COVID-19 pandemic has created an unprecedented demand for web cameras worldwide. The adoption of hybrid business models and remote working models in the enterprise sector has helped open promising opportunities for the market. Moreover, webcams played a prominent part in ensuring seamless access to K-12 education activities at the global level. Online education was promoted for continuing curriculums without any disruptions in the knowledge transfer between teachers and students.
Based on the Technology, Global Webcam Market is segmented as; Analog, Digital.
Based on the Product, Global Webcam Market is segmented as; USB, Wireless.
Based on the Application, Global Webcam Market is segmented as; Video Conference, Security and Surveillance, Visual Marketing, Entertainment, Live events, Others.
Based on the end-user, Global Webcam Market is segmented as; Healthcare, Tourism, Retail Shopping Centers, Enterprises, Others.
North America was the largest region in the webcam market in 2021. Asia-Pacific is expected to be the fastest-growing region in the global webcam market during the forecast period. The regions covered in the global webcams market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.