Webcam Market Growth, Competitive Analysis, Business Opportunities, And Regional Forecast To 2027 | Impact of COVID-19
Research Reports
Jan 11, 2022
Market Highlights
The Global Webcam Industry is expected to grow from USD 6.25 billion in 2018 to USD 11.26 billion by 2024, at a compound annual growth rate (CAGR) of 10.3% during the forecast period.
A webcam is a video camera which captures image or streams videos in real time. Webcams are mainly used for video conferencing, live events, and security and surveillance. The growth in smart city initiatives has led to the rapid adoption of webcams. Furthermore, in corporate, there webcams are extensively used for video conferencing. However, the webcams connected to the internet is increasing the risk of criminal activities such as spying and therefore the government has made stringent regulations for the same.
Get Sample of Report @ https://www.marketresearchfuture.com/sample_request/8044
Key Players
The key players in the Webcam Market are Canon, Inc. (Japan), Cisco Systems, Inc. (US), D-Link Systems, Inc. (Taiwan), Koninklijke Philips N.V.(Netherlands), Lenovo (Hong Kong), Logitech (Switzerland), Microsoft (US); Razer Inc. (US) Sony Corporation (Japan); and Xiaomi (China).
Other prominent players studied for the Webcam market are Creative Labs (Singapore), AUSDOM (China), Intel (US), Quantum Corporation (US), among others.
Regional Analysis
The global Webcam Industry is estimated to grow at a significant rate during the forecast period from 2019 to 2024. The geographical analysis of the webcam market has been done for North America, Europe, Asia-Pacific, Middle East and Africa, Central and South America.
North America accounts for the largest market share in the Webcam Industry due to the readiness to adopt new technology; web cameras are increasingly being installed in North America for security and surveillanc in events, for online education and visual marketing. Europe holds the second-largest share in the webcam market as the countries in this region including Germany and the UK are making rapid developments in increasing the level of security and surveillance. Asia-Pacific is expected to grow at the highest CAGR during the forecast period because of the government-led installations of webcams. China is expected to be the largest revenue generating country in the region. Presence of a number of local vendors which provide affordable webcams is fueling the demand in this region.
Browse Full Report Details @ https://www.marketresearchfuture.com/reports/webcam-market-8044
About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Tags:
Menafn, PR-Wirein, Wire, Research Newswire, English