At 11.3% CAGR, the Middle East & Africa USB Camera Controller Market is Projected to be Worth US$ 141.86 million by 2030, says The Business Market Insights

According to the Business Market Insights’ research, the Middle East & Africa USB camera controller market was valued at US$ 66.85 million in 2023 and is expected to reach US$ 141.86 million by 2030, registering a CAGR of 11.3% from 2023 to 2030. Rising construction projects worldwide and growing mining activities are the critical factors attributed to the Middle East & Africa USB camera controller market expansion.                     

The construction of commercial and residential buildings is growing worldwide, majorly in developing countries. Several government initiatives are supporting the growth of the housing industry.

In the MEA, the rising adoption of advanced security solutions to monitor properties, including residential and commercial estates, is expected to raise the demand for USB cameras. Also, the rising demand for surveillance cameras at the region's mining and oil exploration sites is expected to boost the growth of the MEA USB camera controller market. In addition, the growing commercial construction projects in Middle East & Africa are expected to fuel the growth of the USB camera controller market, as with the help of controllers, the authority can move, focus, and zoom the camera at a particular place, thus, providing an accurate view and surveillance. Thus, the rise in residential and commercial construction projects globally is raising the demand for USB cameras with controllers to provide security and surveillance in the building or area, further fueling the growth of the USB camera controller market.  

On the contrary, rise in preference for software controllers for USB cameras hurdles the growth of Middle East & Africa USB camera controller market.

Based on type, the Middle East & Africa USB camera controller market is segmented into USB 2.0 and USB 3.0. The USB 2.0 segment held 56.7% share of Middle East & Africa USB camera controller market in 2023, amassing US$ 37.89 million. It is projected to garner US$ 75.58 million by 2030 to expand at 10.4 % CAGR during 2023–2030.

Based on device type, the Middle East & Africa USB camera controller market is segmented into joystick and remote. The joystick segment held 62.3% share of Middle East & Africa USB camera controller market in 2023, amassing US$ 41.65 million. It is projected to garner US$ 82.73 million by 2030 to expand at 10.3% CAGR during 2023–2030.  

Based on connectivity, the Middle East & Africa USB camera controller market is segmented into wired and wireless. The wired segment held 55.0% share of Middle East & Africa USB camera controller market in 2023, amassing US$ 36.80 million. It is projected to garner US$ 71.19 million by 2030 to expand at 9.9 % CAGR during 2023–2030.

Based on application, the Middle East & Africa USB camera controller market is segmented into residential and non-residential. The non-residential segment held 60.1% share of Middle East & Africa USB camera controller market in 2023, amassing US$ 40.19 million. It is projected to garner US$ 88.02 million by 2030 to expand at 11.9 % CAGR during 2023–2030.

Based on country, the Middle East & Africa USB camera controller market has been categorized into Saudi Arabia, the UAE, South Africa, and the Rest of Middle East & Africa. Our regional analysis states that the UAE captured 33.6% share of Middle East & Africa USB camera controller market in 2023. It was assessed at US$ 22.43 million in 2023 and is likely to hit US$ 47.11 million by 2030, exhibiting a CAGR of 11.2% during 2023–2030.      

Key players operating in the Middle East & Africa USB camera controller market are Infineon Technologies AG, 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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