SAN FRANCISCO, May 20, 2019 /PRNewswire/ -- The global
webcams market size is expected to reach
USD 10.06 billion by 2025,
according to a new report by Grand View Research, Inc.,
registering a CAGR of 8.6% during the forecast period. Web
cameras, popularly known as webcams, can be connected to laptops
and desktops for real-time recording of happenings at any given
location.
Key suggestions from the report:
- On the basis of technology, the digital segment is expected
to register a CAGR of around 10.4% over the forecast
period
- By product, although wireless webcams account for a smaller
share, the segment is anticipated to exhibit the highest CAGR by
2025. More than 50 million units of wireless webcams were sold in
2017, worldwide
- In terms of end use, the live events segment is projected to
account for over 25% of the global webcam market revenue by
2025
- Asia Pacific accounted for
the largest volume share in 2017 and is anticipated to continue
dominating the market over the forecast period
- Key players include Logitech; D-Link Systems, Inc.; Cisco
Systems, Inc.; and Koninklijke Philips N.V., Inc. Key vendors are
aiming to develop solutions compatible with the mobile technology
owing to growing proliferation of smartphones worldwide.
Read 145 page research report with TOC on "Webcams Market
Size, Share & Trends Analysis By Technology (Analog, Digital),
By End Use, By Product (USB, Wireless), By Distribution Channel
(Brick & Mortar, E-commerce), And Segment Forecasts, 2018 -
2025" at:
https://www.grandviewresearch.com/industry-analysis/webcams-market
Real-time monitoring is one of the most important attributes of
webcams. The devices are deployed with high-resolution digital
cameras and semiconductor chips that capture images and record
videos in detail. Growing need for security systems to apprehend
burglars, trespassers, miscreants, and other antisocial elements in
the society is anticipated to escalate demand for webcams.
Webcams are also widely used at workplaces to communicate with
colleagues and professionals from distant locations. Video
conferences with High Definition/4K
videos have minimized need for face-to-face meetings, thereby
reducing need for business travel. This has greatly contributed to
cost savings among organizations.
The different benefits of webcam technology, such as streaming
images and capturing live footages of patients for vital as well as
prenatal care, have extended its scope in the healthcare sector.
Telehealth technology offers consulting services to patients based
in remote locations through video conferencing using laptops or
mobile devices. Moreover, video conferencing can be used for
providing expert medical advice from remote locations in critical
cases and for chronic diseases.
Grand View Research has segmented the global webcam market
based on product, technology, distribution channel, end use, and
region:
- Webcam Product Outlook (Volume Million Units; Revenue USD
Million, 2014 - 2025)
-
- Webcam Technology Outlook (Volume Million Units; Revenue USD
Million, 2014 - 2025)
-
- Webcam Distribution Channel Outlook (Volume Million Units;
Revenue USD Million, 2014 - 2025)
-
- Brick & Mortar
- E-commerce
- Webcam End-use Outlook (Volume Million Units; Revenue USD
Million, 2014 - 2025)
-
- Security & surveillance
- Entertainment
- Videoconference
- Live events
- Visual marketing
- Others
- Webcam Regional Outlook (Volume Million Units; Revenue USD
Million, 2014 - 2025)
-
- North America
-
- Europe
-
- Asia Pacific
-
- Latin America
-
- Middle East & Africa
Find more research reports on Electronic Security Industry,
by Grand View Research:
- Consumer Electronic Biometrics Market –
Global Consumer electronic biometrics market is expected to
witness significant growth over the next seven years on account of
increasing demand of biometric technology in consumer electronics
segment.
- Automatic Speech Recognition Applications
Market – Global Automatic Speech Recognition (ASR)
market is expected to grow at a CAGR of above 15% over the forecast
period. It may be primarily attributed to the increasing usage of
advanced electronic devices.
- Man-Portable Communication Systems Market – Global
Man-portable communication systems market is expected to exceed
over USD 40 billion by 2022 owing to
the increased demand in encryption devices such as GPS systems,
smartphones
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About Grand View Research
Grand View Research, U.S.-based market research and consulting
company, provides syndicated as well as customized research reports
and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425
analysts and consultants, adding more than 1200 market research
reports to its vast database each year. These reports offer
in-depth analysis on 46 industries across 25 major countries
worldwide. With the help of an interactive market intelligence
platform, Grand View Research helps Fortune 500 companies and
renowned academic institutes understand the global and regional
business environment and gauge the opportunities that lie
ahead.
Contact:
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Corporate Sales Specialist, USA
Grand View Research, Inc.
Phone: +1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
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https://www.grandviewresearch.com
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