IP Webcam Market Share Survey Analysis 2022, Growth, Size Estimates, Different Countries with Business Strategies, Global Revenues, Industry Trends and.
In 2019, the global Webcams market size was USD 8325.4 Million, and it is expected to reach USD 24670 Million by the end of 2026, with a CAGR of 16.6% during the forecast period 2021-2026.
Major factors driving the growth of webcams market size are Increasing demand for real-time monitoring devices and rising adoption of unmanned aerial vehicles (UAVs) for security and surveillance, and growing adoption of webcams for video conferencing, visual marketing, live events, and entertainment.
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TRENDS INFLUENCING THE WEBCAMS MARKET SIZE
With the growing popularity of virtual workplace communication between professionals, the webcam market size is expected to witness rapid growth during the forecast period. Furthermore, due to the recent COVID-19 outbreak, work from home policies have been introduced by businesses to ensure the safety of workers as well as the continuity of their company. With these stay