According to the business intelligence report titled ‘Global Webcams Market Size study, by Product (USB and Wireless), Technology (Analog and Digital), Distribution Channel (Brick & Mortar and E-commerce), End-use (Security & Surveillance, Entertainment, Videoconference, Live Events, Visual Marketing and Others), and Regional Forecasts 2020-2027’, available with Market Study Report, global webcams market was evaluated at USD 6.15 billion in 2019 and is projected to reach USD 11.55 billion by 2027, expanding at an annual rate of 8.2% between 2020-2027.
 

Growing adoption of work-from-home policies among enterprises and popularity of virtual communication, rising trend of online education, and launch of new products with advanced technology by companies for specific end-users are key factors spurring global webcams market expansion.
 

Request sample copy of this Report: https://www.marketstudyreport.com/request-a-sample/3793437/
 

Citing an instance, Logitech International S.A. launched StreamCam in the year 2020, a webcam equipped with USB-C connectivity, 1080p/60 fps video, and flexible mounting options. It was made specifically for content creators and streamers.
 

For the unversed, webcams are equipped with semiconductor chips and high-resolution lenses to record videos and capture detailed images.
 

While surging utilization of product for video-conferencing, security, and healthcare surveillance will stimulate industry growth in the upcoming years, issues such as video freezing and distorted audio due to poor network connectivity and bandwidth is poised to hinder worldwide webcams market proliferation. High installation and maintenance costs will also act as a challenge to industry expansion.
 

Based on product gamut, the market sphere is bifurcated into wireless, and USB. Speaking of technology, global webcams industry is divided into analog, and digital. According to distribution channel, the market is segregated into brick & mortar, and e-commerce. Moving on to end-user spectrum, the industry is fragmented into entertainment, live events, video conference, security & surveillance, visual marketing, and others.
 

Regionally speaking, North America held majority of the global webcams market share in the past year due to rising awareness about security measures in private and public places. Meanwhile, Asia Pacific market is projected to expand rapidly between 2020-2027, owing to widespread product adoption for online education, video conferencing, and in healthcare sector.
 

Key players profiled in the report are Lenovo Group Limited, Canon Inc., D-Link Corporation, Cisco Systems Inc., Microsoft Corporation, Xiaomi Corporation, Sony Group Corporation, Koninklijke Philips N.V., Logitech International S.A., and Razer Inc.