PRZOOM - /newswire/ -
London, United Kingdom, 2009/02/07 - ReportBuyer.com, the online destination for business intelligence for major industry sectors, has added a new report analysing the worldwide webcam market.
“Worldwide WebCam Market Shares, Strategies, and Forecasts: 2009-2015”, reports that markets for webcams at $1.8 billion in 2008 are anticipated to reach $3.2 billion by 2015.
The report shows that webcams are predicted to achieve significant growth as units become smaller and less expensive, broadening the types of applications in which they are used and the variety of devices in which they are included.
It further shows that industry dynamics impact the use of webcams for cell phone platforms, video game consoles, digital music players and home entertainment systems. As additional platforms deliver new functionality, increased processing power and growing communications capabilities, demand to increase add on, complementary devices connected to these platforms is increasing.
Authors of the report note that webcams used in social networking, Internet communications, instant messaging, notebook portable computers, and PCs are proving the technology for video communication. Widespread use in a range of applications proves the feasibility of this technology. The large emerging markets are for video communication and security powered by evolving systems.
The report “Worldwide WebCam Market Shares, Strategies, and Forecasts: 2009-2015” is available from ReportBuyer.com - Product ID: WIN00054
ReportBuyer.com is a UK-based independent online store supplying business information. The website now carries over 90,000 business information products, including market reports, studies, books and events. Subscribers receive a free monthly newsletter and email alerts on new titles in their areas of interest.