Webcam Market Analysis, Size, Growth, Share, Demand Outlook & Forecast to 2027
The global webcams market size is expected to reach USD 11.60 billion by 2027, expanding at a CAGR of 8.2% from 2020 to 2027, according to a new report by Grand View Research, Inc. Webcams can be connected to laptops and desktops for real-time recording at any given location. Growing need for security and surveillance systems to capture intruders, trespassers, and miscreants in commercial as well as residential premises is expected to drive the product demand over the forecast period. These devices are widely being deployed in the corporate sector for video conferencing and telecommutingfor more accessible communication with counterparts at distant locations. Hence, key market participants are emphasizing on new model launches and technological advancements to cater to the demand for devices with higher recording, streaming, microphone, and zoom quality. For instance, in December 2019, Logitech launched a 4K Ultra HD webcam for Mac Pro with RightLight 3 technology, enabling automatic adjustment of lightening conditions for better video quality. Moreover, emergence of advanced video cameras with the capability of connecting the entire conference of people to a single user is propelling market growth. Furthermore, multiple attributes of webcam technology have extended its scope in the healthcare sector to assist the patients suffering from chronic diseases and emergency situations. These devices are highly being utilized for the telehealth consulting services as they provide simplified connectivity between patients and healthcare professionals through video conferencing on mobile devices or laptops.
Browse Details of Report @ https://www.grandviewresearch.com/industry-analysis/webcamsmarket Webcam Market Report Highlights
By technology, analog webcams accounted for over 60.0% share of the total revenue in 2019
Based on distribution channel, e-commerce is expected to expand at the highest CAGR of 11.9% in terms of revenue from 2020 to 2027
In 2019, North America accounted for the largest revenue share of over 35.0%
Asia Pacific is expected to witness a significant increase in the product demand during the forecast period.
Webcam Market Segmentation Grand View Research has segmented the global webcam market on the basis of product, technology, distribution channel, end use, and region: Webcams Product Outlook (Volume, Million Units; Revenue, USD Million, 2016 - 2027)
USB
Wireless
Webcams Technology Outlook (Volume, Million Units; Revenue, USD Million, 2016 - 2027)
Analog
Digital
Webcams Distribution Channel Outlook (Volume, Million Units; Revenue, USD Million, 2016 - 2027)
Brick & Mortar
E-commerce
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Webcams End-Use Outlook (Volume, Million Units; Revenue, USD Million, 2016 - 2027)
Security & Surveillance
Entertainment
Videoconference
Live Events
Visual Marketing
Others
Webcams Regional Outlook (Volume, Million Units; Revenue, USD Million, 2016 - 2027)
North America o
U.S.
o
Canada
Europe o
Germany
o
U.K.
Asia Pacific
o
China
o
India
o
Japan
Latin America o
Brazil
o
Mexico
Middle East & Africa
List of Key Players of Webcams Market:
Canon, Inc.
Cisco Systems, Inc.
D-Link Systems, Inc.
Koninklijke Philips N.V.
Lenovo
Logitech
Microsoft
Razer Inc.
Sony Corporation
Xiaomi
Table of Contents Chapter 1 Methodology and Scope 1.1 Research Methodology 1.2 Research Scope and Assumptions 1.3 List of Data Sources Chapter 2 Executive Summary Chapter 3 Market Snapshot 3.1 Webcams market- Industry Snapshot & Key Buying Criteria, 2016 - 2027 Chapter 4 Industry Outlook 4.1 Market Segmentation & Scope 4.2 Webcams Market Size and Growth Prospects 4.3 Value Chain Analysis 4.4 Market Dynamics 4.4.1 Market Driver Analysis 4.4.1.1 Cost-efficient and easy to use 4.4.1.2 Growing need for security & surveillance due to increasing terrorist activities and crimes 4.4.2 Market Restraint Analysis 4.4.2.1 Poor internet connectivity 4.5 Market Penetration and Growth Prospect Mapping Continue………
About Grand View Research, Inc.: Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
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