Webcams Market

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• Coherent Market Insights
• Market Research and Business Consulting Services
• https//www.coherentmarketinsights.com
• COVID-19 Impact Tracker

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WEBCAMS MARKET ANALYSIS

• Webcams Market Report, By Type (USB and
  Wireless), By Technology (Analog and Digital), by
  Distribution Channel (Brick Mortar and
  E-commerce), End User (Security Surveillance,
  Entertainment, Videoconference, Live Events,
  Visual Marketing, and Others), and by Region
  (North America, Europe, Asia Pacific, Latin
  America, and Middle East and Africa) - Size,
  Share, Outlook, and Opportunity Analysis, 2020 -
  2027

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• Market Overview
• The global webcams market is expected to witness
  significant growth during the forecast period
  (20202027). The growth of the webcams market is
  majorly attributed to increasing security
  concerns. The security and surveillance systems
  are using webcams to capture unauthorized
  activities by intruders or theft in the
  commercial as well as residential areas.
  Furthermore, unmanned aerial vehicles (UAVs) are
  used by governments for surveillance purposes, as
  mobility restrictions are strictly followed
  worldwide, owing to the COVID-19 pandemic. For
  instance, in March 2020, the police department of
  Western Australia announced the deployment of
  drones for monitoring recreational sites to
  ensure if people are following social distancing
  guidelines or not. Thus, increasing demand for
  webcams for security surveillance is expected
  to boost the market growth over the forecast
  period

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Figure 1. Global Webcams Market Share (), By
Region, 2019
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• Market Dynamics Restraints
• North America is expected to hold dominant
  position in the global webcams market during the
  forecast perio
• North America held dominant position in the
  global webcams market in 2019, accounting
  for 33.4 share in terms of value, followed by
  Europe and Asia Pacific.

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• Market Opportunities
• North America held dominant position in the
  global webcams market in 2019 and is projected to
  retain its dominance throughout the forecast
  period, owing to increasing need for security and
  rapid development under smart city initiatives in
  the North America region. Web cameras are used in
  North America for recording security and
  surveillance, live events, online education, and
  visual marketing. For instance, according to
  Coherent Market Insights analysis, North America
  security systems integration market revenue
  increased to 3,700 million in 2018 from 3,219
  million in 2017.

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Figure 2. Global Webcams Market Value (US MN),
2017 - 2027
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• Webcams Market
• The global webcams market was valued at US 6,524
  MN in 2019 and is expected to reach US 11,843
  Mn by 2027 at a CAGR of 8.9 between 2020 and 2027
  .

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