At 10.2% CAGR, the South & Central America USB Camera Controller Market is Projected to be Worth US$ 238.38 million by 2030, says The Business Market Insights

According to the Business Market Insights’ research, the South & Central America USB camera controller market was valued at US$ 120.77 million in 2023 and is expected to reach US$ 238.38 million by 2030, registering a CAGR of 10.2% from 2023 to 2030. Increasing demand for high resolution and high image USB cameras with controllers’ quality is the critical factor attributed to the South & Central America USB camera controller market expansion.                     

The demand for live video streaming is growing tremendously worldwide. According to a report by Vimeo, live content holds viewers’ attention 10–20 times longer than pre-recorded videos, which is increasing the demand for live video streaming. This growth will further lead to the next e-commerce revolution, with the growing fusion of interactive videos with online shopping. This rising demand for live video streaming is expected to raise the need for USB cameras providing high image quality and high resolution to capture every minute detail in the video. Due to this rising demand for high image quality and high resolution, market players are focusing on developing innovative solutions. For instance, in January 2023, Sony announced the launch of the ILME-FR7, an E-mount interchangeable lens camera with a full-frame image sensor and built-in pan/tilt/zoom (PTZ) functionality. It provides high zoom capability and wide-angle shooting flexibility to break through location and space limitations. Also, this camera is equipped with versatile remote control and cinematic features, particularly for the studio, live production, and filmmaking settings. Similarly, in May 2021, THine Electronics, Inc. introduced its new THEIA-CAM family of camera Reference Design Kits. The new kit uses THine’s THP7312 image signal processor (ISP), Cypress’ EZ-USB CX3 USB 3.0 camera controller, and Sony’s IMX258 13MP CMOS PDAF image sensor. The camera kit provides ultra-high resolution, superspeed USB, and instant autofocus, which can be used for the development and production of embedded streaming video applications. Thus, the rising demand for high resolution and high image quality USB cameras with controllers, along with the growing innovations by market players, is expected to propel 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 South & Central America USB camera controller market.

Based on type, the South & Central America USB camera controller market is segmented into USB 2.0 and USB 3.0. The USB 2.0 segment held 58.6% share of South & Central America USB camera controller market in 2023, amassing US$ 70.81 million. It is projected to garner US$ 132.72 million by 2030 to expand at 9.4% CAGR during 2023–2030.

Based on device type, the South & Central America USB camera controller market is segmented into joystick and remote. The joystick segment held 60.7% share of South & Central America USB camera controller market in 2023, amassing US$ 73.28 million. It is projected to garner US$ 136.62 million by 2030 to expand at 9.3% CAGR during 2023–2030.  

Based on connectivity, the South & Central America USB camera controller market is segmented into wired and wireless. The wired segment held 53.7% share of South & Central America USB camera controller market in 2023, amassing US$ 64.81 million. It is projected to garner US$ 119.93 million by 2030 to expand at 9.2% CAGR during 2023–2030.

Based on application, the South & Central America USB camera controller market is segmented into residential and non-residential. The non-residential segment held 60.3% share of South & Central America USB camera controller market in 2023, amassing US$ 72.83 million. It is projected to garner US$ 148.82 million by 2030 to expand at 10.7% CAGR during 2023–2030.

Based on country, the South & Central America USB camera controller market has been categorized into Brazil, Argentina, and the Rest of South & Central America. Our regional analysis states that Brazil captured 53.2% share of South & Central America USB camera controller market in 2023. It was assessed at US$ 64.29 million in 2023 and is likely to hit US$ 142.00 million by 2030, exhibiting a CAGR of 12.0% during 2023–2030.

Key players operating in the South & Central America USB camera controller market are Aver Information Inc, 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.

Contact Us
Phone: +16467917070
Email Id: sales@businessmarketinsights.com