New Analysis From Global Industry Analysts Reveals Steady Growth For Web Cameras, With Market Set To Reach $ 9.2 Billion Globally By 2026 | New
SAN FRANCISCO, October 1, 2021 / PRNewswire / – A new market research published by Global Industry Analysts Inc., (GIA), the leading market research firm, today released its report titled “Web Cameras – Global Market Trajectory & Analytics”. The report presents new perspectives on the opportunities and challenges in a dramatically transformed post-COVID-19 market.
FACTS AT A GLANCE
Editing: 20; Posted: April 2021
Executive pool: 13331
Companies: 40 – Players covered include Canon, Inc .; Cisco Systems, Inc .; D-Link Corporation; Huizhou New Origin Software Co., Ltd. (10 moons); Ingersoll Rand – Nexia; Koninklijke Philips NV; Lenovo Group Ltd. ; Logitech International SA; Microsoft Corporation; Razer, Inc .; Sony Corporation; Xiaomi (Mi Global) and others.
Blanket: All major geographies and key segments
Segments: Product (USB and wireless); Technology (analog and digital); End use (live events, security and surveillance, entertainment, video conferencing, visual marketing and other end uses)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; UK; Spain; Russia; and rest of Europe); Asia Pacific (Australia; India; South Korea; and rest of Asia Pacific); Latin America (Argentina; Brazil; Mexico; and rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and rest of Middle East); and Africa.
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Global Web Camera Market to Reach $ 9.2 billion by 2026
Amid COVID-19 Crisis, Global Web Camera Market Estimated At US $ 5.9 billion in 2020, is expected to reach a revised size of US $ 9.2 billion by 2026, with a CAGR of 7.4% over the analysis period. USB, one of the segments analyzed in the report, is expected to register a CAGR of 7.9% and reach 5.6 billion US dollars at the end of the analysis period. After a thorough analysis of the business implications of the pandemic and the induced economic crisis, the growth of the wireless segment is readjusted to a revised CAGR of 6.6% for the next 7-year period.
The US market is estimated at $ 1.7 billion in 2021, when China is expected to reach $ 2 billion by 2026
The web camera market in the United States is estimated at 1.7 billion US dollars in 2021. China, the world’s second-largest economy, is expected to reach a projected market size of US $ 2 billion by 2026, with a CAGR of 11.3% over the analysis period. Other notable geographic markets include Japan and Canada, each projects growth of 4% and 6.6% respectively over the period of analysis. In Europe, Germany is expected to grow at around 4.7% CAGR. Following
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SOURCE Global Industry Analysts, Inc.