News

The global Webcam Market size is expected to be worth around US$ 24.01 billion by 2030, according to a new report by Vision Research Reports.

The global Webcam market size was valued at US$ 10.85 billion in 2020 and is anticipated to grow at a CAGR of 17.9% during forecast period 2021 to 2030.

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Webcam Market (By Product: USB, Wireless; By Technology: Analog, Digital; By Distribution Channel: Brick & Mortar, E-commerce; By End-use: Security & surveillance, Entertainment, Video conferencing, Live events, Visual marketing, Others) – Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook 2021 – 2030

Growth Factors

Factors such as the rising concern regarding security and surveillance, increasing emphasis on virtual meetings across the commercial sector, and continuous product innovations are expected to support the growth of the market.

The growing demand for real-time monitoring devices in residential locations, commercial and logistics security, and video conferencing is expected to drive market growth over the forecast period. Webcams are also seeing significant demand among temporary surveillance appliance manufacturers to record anti-social behavior, vandalism, fly-tipping, and detect criminals misusing public property. Webcams are video cameras used to capture real-time images or videos in the form of analog or digital signals. Present-day products are technologically advanced and they offer better streaming quality, resolution, frame rate, built-in microphones, and noise cancellation, among others.

Report Highlights

The USB segment dominated with a revenue share of above 60.0% in 2020. Wired webcams are less prone to overheating due to more prominent cases which permit heat scattering. The compatibility and portability offered by USB webcams further contribute to the promising growth prospects of the USB segment. In terms of revenue, the digital segment is estimated to account for the highest CAGR of around 25.0% over the forecast period. Better image quality, more video coverage area, wireless connectivity features, and built-in encryption for are some of the key factors contributing to the promising growth prospects of the digital webcam segment.

The brick and mortar segment dominated the webcam market in 2020 with a revenue share of over 95%. Consumers prefer to buy webcams at brick and mortar stores as they can be physically examined and the tangibility leads to faster purchasing decisions. Consumers can assess the features live at brick and mortar stores, such as video quality, sound recording, zoom-in feature, and video coverage area, before making a purchase.

In terms of revenue, the security and surveillance segment is projected to register the highest CAGR of close to 20.0% during the forecast period. The growing use of webcams in commercial areas such as enterprises, retail stores, restaurants, and hotels has increased the market share of the security and surveillance segment. These areas deploy webcams for real-time surveillance of inventories, IT-server rooms, and cash-counters for offering protection from data theft, vandalism, and intrusion attempts.

North America dominated the market in 2020 with a revenue share of over 45.0%. High technology adoption rate and awareness regarding security and surveillance are anticipated to contribute to the future growth of the regional market.

Key Players

• Logitech
• Microsoft
• Canon, Inc.
• Cisco Systems, Inc.
• Sony Corporation
• Razer, Inc.

Report Coverage	Details
Market Size	US$ 24.01 billion by 2030
Growth Rate	CAGR of 17.9% From 2021 to 2030
Base Year	2020
Historic Data	2017 to 2020
Forecast Period	2021 to 2030
Segments Covered	Product, Technology, Distribution Channel, End use,
Regional Scope	North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Mentioned	Logitech; Microsoft; Canon, Inc.; Cisco Systems, Inc.; Sony Corporation; Razer, Inc.

Market Segmentation

• Product
  • USB
  • Wireless
• Technology
  • Analog
  • Digital
• Distribution Channel
  • Brick & Mortar
  • E-commerce
• End-use
  • Security & surveillance
  • Entertainment
  • Video conferencing
  • Live events
  • Visual marketing
  • Others
• Regional
  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
  • Asia Pacific
    • China
    • India
    • Japan
  • Latin America
    • Brazil
    • Mexico
  • Middle East & Africa

The study objectives of this report are:

• To analyze and study the global market capacity, production, value, consumption, status (2017-2020) and forecast (2021-2030);
• Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
• Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
• To define, describe and forecast the market by type, application and region.
• To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
• To identify significant trends and factors driving or inhibiting the market growth.
• To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
• To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
• To strategically profile the key players and comprehensively analyze their growth strategies.

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