At 14.1% CAGR, the Europe USB Camera Controller Market is Projected to be Worth US$ 938.90 million by 2030, says The Business Market Insights

According to the Business Market Insights’ research, the Europe USB camera controller market was valued at US$ 373.97 million in 2023 and is expected to reach US$ 938.90 million by 2030, registering a CAGR of 14.1% from 2023 to 2030. Rising construction projects worldwide and growing esports industry activities are the critical factors attributed to the Europe USB camera controller market expansion. 

The esports industry has seen tremendous growth in recent years. The esports industry is also gaining recognition in European countries. In November 2022, the European Parliament (EP) announced that it is legally recognizing the esports industry. For this, the government has created a European Video Games Society, which will regulate the industry in the region. The government also announced that the European Union (EU) would fund esports through its Creative Europe project to further increase the number of European esports professionals, including XR studios, game producers, and audiovisual production companies.  Thus, the growing esports industry worldwide is expected to raise the demand for USB cameras with controllers as it helps in better filming of esports events. The operator can capture every movement of the player and arena by just moving and focusing the camera through its controller in any direction it is needed. Hence, the growing esports industry is expected to create an opportunity for the growth of the USB camera controller market during the forecast period.  

On the contrary, rise in preference for software controllers for USB cameras hurdles the growth of Europe USB camera controller market.

Based on type, the Europe USB camera controller market is segmented into USB 2.0 and USB 3.0. The USB 2.0 segment held 56.7% share of Europe USB camera controller market in 2023, amassing US$ 211.90 million. It is projected to garner US$ 503.43 million by 2030 to expand at 13.2% CAGR during 2023–2030.

Based on device type, the Europe USB camera controller market is segmented into joystick and remote. The joystick segment held 59.8% share of Europe USB camera controller market in 2023, amassing US$ 223.71 million. It is projected to garner US$ 512.22 million by 2030 to expand at 12.6% CAGR during 2023–2030.  

Based on connectivity, the Europe USB camera controller market is segmented into wired and wireless. The wired segment held 52.0% share of Europe USB camera controller market in 2023, amassing US$ 194.37 million. It is projected to garner US$ 435.44 million by 2030 to expand at 12.2% CAGR during 2023–2030.

Based on application, the Europe USB camera controller market is segmented into residential and non-residential. The non-residential segment held 53.6% share of Europe USB camera controller market in 2023, amassing US$ 200.44 million. It is projected to garner US$ 522.16 million by 2030 to expand at 14.7% CAGR during 2023–2030.

Based on country, the Europe USB camera controller market has been categorized into Germany, France, Italy, Spain, the UK, and the Rest of Europe. Our regional analysis states that the Rest of Europe captured 27.6% share of Europe USB camera controller market in 2023. It was assessed at US$ 103.07 million in 2023 and is likely to hit US$ 203.08 million by 2030, exhibiting a CAGR of 10.2% during the 2023–2030.      

Key players operating in the Europe USB camera controller market are Aver Information Inc, Genesys Logic Inc, Infineon Technologies AG, Realtek Semiconductor Corp, Shenzhen Minrray Industry Co Ltd, Sony Group Corp, and SZ Tenveo, among others.   

• In 2021, Infineon Technologies AG created a turnkey solution with its Time-of-Flight (ToF) partner pmdtechnologies and the premier vision-based imaging specialist ArcSoft that allows a ToF camera to work under the display of commercial smartphones. It will deliver consistent, high-quality infrared pictures and 3D data for security applications such as facial authentication and mobile payment.
• In 2023, Sony Electronics has released a new version (Version 1.08) of the Camera Remote Software Development Kit (SDK), which enables remote camera operation and setting adjustments. Version 1.08 expands the compatible models and broadens the variety of potential applications with additional capabilities. The SDK can now be utilized with the ZV-E1 full-frame interchangeable lens camera, thanks to version 1.08.

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