According to the latest report by IMARC Group, titled “Webcams Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global webcams market reached a value of US$ 7.2 Billion in 2020. Looking forward, the market value is projected to reach US$ 12.4 Billion by 2026, expanding at a CAGR of 9.50% during 2021-2026.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Also known as a web camera, a webcam is a small digital video camera connected to a computer, laptop or smart device. It comprises a lens, image sensor and a microphone for recording the video and sound. It offers features such as motion sensing, image archiving, custom coding, and automation. As it is lightweight, compact, user-friendly, cost-effective, and durable, it is gaining traction over conventionally used video cameras worldwide.
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With the increasing need for real-time monitoring, visual marketing, live events, video conferencing and entertainment, there is an increase in the utilization of webcams in the manufacturing, retail, automotive, construction, transportation, and banking, financial services and insurance (BFSI) sectors. These webcams also help government bodies and private organizations with perimeter surveillance. Besides this, the integration of webcams in unmanned aerial vehicles (UAVs) with cloud compatibility and image sensors is also strengthening the market growth. Moreover, leading manufacturers are launching innovative product variants with enhanced storage capacity and resolution. Apart from this, considerable growth in the information technology (IT) industry, coupled with the rising spending capacities of the consumers, is anticipated to contribute to the market growth.
Webcams Market 2021-2026 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the webcams market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
Nexia International Limited
Sony Group Corporation
10moons Technology Development Co. Ltd.
Cisco Systems Inc.
Koninklijke Philips N.V.
Lenovo Group Limited
The report has segmented the global webcams market on the basis of webcam type, technology, distribution channel, end-use and region.
Breakup by Webcam Type:
Breakup by Technology:
Breakup by Distribution Channel:
Breakup by End-Use:
Security and Surveillance
Breakup by Region:
Middle East and Africa
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Key Highlights of the Report:
Market Performance (2015-2020)
Market Outlook (2021-2026)
Market Drivers and Success Factors
The Impact of COVID-19 on the Global Market
Value Chain Analysis
Structure of the Global Market
Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
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