Image and Video Capture Device Market REPORT OVERVIEW
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The global image and video capture device market size was USD 352 million in 2022 and market is projected to touch USD 536.7 million by 2031, exhibiting a compound annual growth rate (CAGR) of 4.8% during the forecast period.
A multitude of techniques can be used to record video. First, a camera's internal media, which is frequently an SD card, can be used for direct recording. After recording, the video file can be downloaded to a computer where it can be edited with video software to eliminate unwanted portions, flip or mirror the movie horizontally, and more if needed. Some users require a method of communicating live signals to computers. This might be done to remove file movement from their process, live-stream their presentation to a nearby or far-off audience, or add external images using video editing software. Computers with standard HDMI connectors can only emit signals; they cannot receive incoming signals. You must employ a video in order to achieve this.
COVID-19 Impact: Privacy Concerns Hampered Growth
Cameras are being utilized to keep tabs on those in quarantine and monitor the new coronavirus's spread. As a result, China has been at the forefront of deploying techniques for widespread surveillance. Israel, South Korea, Singapore, and other nations are also adopting similar practices to control location-based video cameras and track COVID-19 by examining credit card data. However, privacy experts are raising concerns about the possibility of improper use of the collected data. The interests of public health and safety, according to governments, are served by image and video capture device.
LATEST TRENDS
"Technological Advancements to Bolster Market Growth"
The advantages of tying image and video capture device to the internet have helped the Internet of Things (IoT) gain appeal among home consumers. The Internet of Things connects hardware, software, services, and end users, enabling unfettered data flow and making decisions in real time. The Internet of Things has shown its value by improving the functionality and performance of automation systems. Around the world, a number of major, mid-sized, and small businesses are making significant investments in the IoT sector. The image and video capture device market is anticipated to grow as a result of consumers' increasing preference for Bluetooth-enabled devices (like speakers and headphones).
Image and Video Capture Device Market Segmentation
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- By Type Analysis
By type, the market is segmented into PCI/PCIe Capture Cards, USB Capture Cards, and Others.
- By Application Analysis
Based on application, the market is classified into PC, PlayStation, and Others.
DRIVING FACTORS
"Integration of Advanced Technologies to Propel Market Growth"
The most recent technological developments, and the rise of social media and digital photographic platforms, have given the image and video capture device market vendors under study fresh hope. The main reason is that recent years have seen a number of product launches with feature updates and newer payment methods including camera services that are anticipated to support worldwide expansion.
"Various Applications of the Product in to Cater to Product Demand"
Innovative moiré phase tracking (MPT) wire-free markers communicate position and orientation to a single camera in Metria Innovation's ground-breaking 3D motion capture system. No matter the location, this expertly constructed camera system can be hauled out and set up just before data is gathered because it is portable enough to be stowed in a closet and so simple to use. The MPT Series 2 and MPT High Field camera systems respond to market demands in the manner described below.
RESTRAINING FACTORS
"Lack of Awareness About the Product to Impede the Market Growth"
Compared to digital cameras of the same size, image and video capture device are typically heavier. It takes up a lot of room to store films. Film acquisition and development are ongoing expenses. Before viewing, the film must be processed, which means you can wind up generating bad photo captures or accidentally captured photographs.
Image and Video Capture Device Market REGIONAL INSIGHTS
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"North America to Lead Global Market Owing to The Steady Adoption of Advanced Products"
Europe is anticipated to hold a dominating part of the image and video capture device market share. Social media sites like Facebook, Instagram, and Snapchat are increasingly popular in European nations. This social networking platform offers a nice setting for sharing joyful life experiences by taking pictures with mobile devices. Thus, a key element driving the expansion of Bluetooth photo capture devices in Europe is the use of social media sites.
The fastest image and video capture device market growth is predicted to occur in Asia-Pacific. The growing trend in photography is one of the main factors boosting the demand for digital cameras in the area. The ease of use and low cost of photography has fueled the desire for digital cameras in the area.
KEY INDUSTRY PLAYERS
"Key Players Focusing on Innovative Technology Development to Grow in Market"
The research provides details on the list of market participants and their activity in the sector. Acquisitions, mergers, technical advancements, collaborations, and increasing production facilities are used to gather and report the information. The companies that produce and introduce new products, the areas where they operate, automation, technology adoption, creating the greatest income, and making a difference with their products are some of the other factors that are looked at for this market.
List of Market Players Profiled
- AVerMedia Technologies, Inc. (Taiwan)
- Epiphan (Canada)
- Blackmagic (U.S.)
- Cognex (U.S.)
- TeledyneDALSA (Canada)
- Elgato (Germany)
- Euresys (China)
- Advantech (Taiwan)
- Nanjing Magewell Electronics (China)
- Razer (U.S.)
- ADLINK (Taiwan)
- Hauppauge Digital Inc (U.S.)
REPORT COVERAGE
"An overview of the product is provided along with the product description. Numerous industry elements are included in the research."
- The pandemic's aftereffects and the subsequent lockdown.
- The market's most recent trend is currently fueling expansion.
- The factors are most likely to stimulate market growth.
- The reasons the market is expected to grow more slowly.
- A comprehensive regional analysis of the market is conducted.
- Significant players and their business offices are also covered in the article.
| REPORT COVERAGE | DETAILS |
|---|---|
Market Size Value In |
US$ 352 Million in 2022 |
Market Size Value By |
US$ 536.7 Million by 2031 |
Growth Rate |
CAGR of 4.8% from 2022 to 2031 |
Forecast Period |
2024-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Type Analysis and Application Analysis |
Frequently Asked Questions
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What value is the image and video capture device market expected to touch by 2031?
Based on our research, the image and video capture device market are projected to touch USD 536.7 million by 2031.
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What CAGR is the image and video capture device market expected to exhibit by 2031?
The image and video capture device market is expected to exhibit a CAGR of 4.8% by 2031.
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Which are the driving factors of the image and video capture device market?
Integration of advanced technologies to propel market growth and various applications of the product in to cater to product demand are the factors driving the image and video capture device market.
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Which are the top companies operating in the image and video capture device market?
AVerMedia Technologies, Inc., Epiphan, Blackmagic, Cognex, TeledyneDALSA, Elgato, Euresys, Advantech, Nanjing Magewell Electronics, Razer, ADLINK, Hauppauge Digital Inc are the top companies operating in the image and video capture device market.
