The global Webcam market size was valued at $7.87 billion in 2020 and is projected to reach $15.70 billion by 2026, growing at a CAGR of 12.2% during the forecast period.
• Increasing penetration of teleconferencing and virtual meetings and growing demand for unmanned aerial vehicles (UAVs) and automated guided vehicles (AGVs) around industrial and private sectors globally are the principal factors to propel the webcam market growth.
• Additionally, due to several characteristics accessible by webcams, such as vision control, command direction process, and decreased overheads, will boost the market growth.
• However, poor internet access in developing countries and rising cases of webcam hacking (privacy concerns) are negatively impacting the market growth.
• Furthermore, increasing demand for surveillance systems for security and safety purposes is expected to augment the market growth to greater demand.
A webcam is a video camera that captures or streams its appearance in real-time. These captured or streamed files can be shared over a PC and they can be viewed, saved, or shared on to other networks going through systems such as the internet or can be e-mailed as an attachment. These webcams are deployed with semiconductor chips and high-resolution digital cameras which capture or record images and videos in detail.
By Product, the USB Segment Emerge as the Dominant Segment
The USB segment dominates the market share, and it would continue on this path during the forecast period as well. This market demand is mainly attributed to its compatibility with laptops or computers using various platforms. Wired webcams are less subjected to overheating, due to more prominent cases which allow heat scattering, and the cable is used to supply power to the web camera from the PC and to transfer the digital information recorded by the webcam's image sensor back to the PC via the Internet. Various webcams can be attached to USB slots to extend their distance from the computer and confine sizeable groups during video conferencing.
By Geography, North America Region Holds a Substantial Market Share
North America region dominates the webcam market and is expected to remain in the forecast period. This dominance is majorly contributed to the high technology adoption rate and consciousness regarding security. Additionally, deployment of the product in multiple industries is supposed to witness the growth of the webcams market.
List of the Key Players Profiled in the Market Include:
• Lenovo Group Limited
• Cisco Systems, Inc.
• D-Link Corporation
• Go Pro, Inc.
• Intel Capital
• Koninklijke Philips N.V.
• Canon, Inc.
• Logitech International S.A.
• Mevo Inc.
• Microsoft Corporation
• Nexia
• Razer Inc.
• Sony Corporation
• Xiaomi
• 10Moons
• A4Tech Co. Ltd.
What Can be Explored with this Research Report:
Understand the key trends that will drive the market, challenges it faces in the current market scenario.
Identify growth opportunities.
Porter’s five force analysis.
In-depth analysis of market segments and regions/countries predicted to observed promising growth.
Historical and forecast size of the market in terms of revenue (USD Million).
Company profiling with key products and solution offerings, key financial information, SWOT analysis, and business strategies adopted.
Market Segmentation:
The research report includes in-depth coverage of the industry analysis with size, share, and forecast for the below segments:
Market by, Product:
• USB
• Wireless
Market by, Technology:
• Analog
• Digital
Market by, Distribution Channel:
• Brick & Mortar
• E-commerce
Market by, Application:
• Security & Surveillance
• Entertainment
• Videoconference
• Live Events
• Visual Marketing
• Other Applications
Market by, Geography:
• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa
Table Of Content
1 Market Overview
1.1 Introduction
1.2 Research Objectives
1.3 Market Segmentation
1.4 Stakeholders
1.5 List of Acronyms
2 Executive Summary
3 Research Methodology
3.1 Identification of Data
3.2 Evaluation of Market Dynamics
3.3 Collaboration of Data
3.4 Verification and Analysis
3.5 Data Sources
3.6 Assumptions
4 Market Dynamics
4.1 Market Drivers
4.1.1 Increasing penetration of teleconferencing and virtual meetings
4.1.2 Growing demand for unmanned aerial vehicles (UAVs) and automated guided vehicles (AGVs) around industrial and private sectors
4.2 Market Restraints
4.2.1 Poor internet access in developing countries
4.3 Impact of COVID-19 on Webcam Market
5 Porter's Five Force Analysis
5.1 Bargaining Power of Suppliers
5.2 Bargaining Power of Buyers
5.3 Threat of New Entrants
5.4 Threat of Substitutes
5.5 Competitive Rivalry in the Market
6 Global Webcam Market by, Product
6.1 Overview
6.2 USB
6.3 Wireless
7 Global Webcam Market by, Technology
7.1 Overview
7.2 Analog
7.3 Digital
8 Global Webcam Market by, Distribution Channel
8.1 Overview
8.2 Brick & Mortar
8.3 E-commerce
9 Global Webcam Market by, Application
9.1 Overview
9.2 Security & Surveillance
9.3 Entertainment
9.4 Videoconference
9.5 Live Events
9.6 Visual Marketing
9.7 Other Applications
10 Global Webcam Market by, Geography
10.1 Overview
10.2 North America
10.3 Europe
10.4 Asia Pacific
10.5 South America
10.6 Middle East & Africa
11 Key Developments
12 Company Profiling
12.1 Lenovo Group Limited
12.1.1 Business Overview
12.1.2 Product/Service Offering
12.1.3 Financial Overview
12.1.4 SWOT Analysis
12.1.5 Key Activities
12.2 Cisco Systems, Inc.
12.3 D-Link Corporation
12.4 Go Pro, Inc.
12.5 Intel Capital
12.6 Koninklijke Philips N.V.
12.7 Canon, Inc.
12.8 Logitech International S.A.
12.9 Mevo Inc.
12.10 Microsoft Corporation
12.11 Nexia
12.12 Razer Inc.
12.13 Sony Corporation
12.14 Xiaomi
12.15 10Moons
12.16 A4Tech Co. Ltd.
Report Details
SKU Code | : DI2018 |
Industry | : Electronics & Semiconductor |
Region | : Global |
Tables | : 132 |
Format | : Electronic PDF |
Published | : 2023 |
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