Webcams Market Analysis by Industry Size, Future Evolution, Scope and Regional Analysis by 2026

According to IMARC Group's latest report, 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 expected 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.

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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.

Market Trends and Drivers:

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 webcams 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:

Sony Group Corporation
Logitech Inc.
Koninklijke Philips N.V.
Xiaomi Corporation
Canon Inc.
Razer Inc.
Cisco Systems Inc.
Lenovo Group Limited
Microsoft Corporation
D-Link Corporation
10moons Technology Development Co. Ltd.
Nexia International Limited

Key Market Segmentation:

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:

External Webcams
USB
Wireless
Embedded Webcams

Breakup by Technology:

Analog
Digital

Breakup by Distribution Channel:

Offline Stores
Online Stores

Breakup by End-Use:

Security and Surveillance
Entertainment
Videoconference
Live Events
Visual Marketing
Others

Breakup by Region:

North America
Asia Pacific
Europe
Latin America
Middle East and Africa

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Key Highlights of the Report:

Market Performance (2015-2020)
Market Outlook (2021-2026)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
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.

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IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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This release was published on openPR.