The South & Central America USB camera controller market is expected to grow from US$ 120.77 million in 2023 to US$ 238.38 million by 2030. It is estimated to grow at a CAGR of 10.2% from 2023 to 2030.
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 a larger South & Central America USB camera controller market share in 2023.
Based on device type, the South & Central America USB camera controller market is segmented into joystick and remote. The joystick segment held a larger South & Central America USB camera controller market share in 2023.
Based on connectivity, the South & Central America USB camera controller market is segmented into wired and wireless. The wired segment held a larger South & Central America USB camera controller market share in 2023.
Based on application, the South & Central America USB camera controller market is segmented into residential and non-residential. The non-residential segment held a larger South & Central America USB camera controller market share in 2023.
Based on country, the South & Central America USB camera controller market has been categorized into Brazil, Argentina, and the Rest of South & Central America. Brazil dominated the South & Central America USB camera controller market in 2023.
Aver Information Inc, Infineon Technologies AG, Shenzhen Minrray Industry Co Ltd, Sony Group Corp, and SZ Tenveo are some of the leading companies operating in the USB camera controller market in the region.
Growth in Smart Cities Investments Fuels South & Central America USB Camera Controller Market
In the rapidly developing landscape of smart cities across the South & Central America, USB camera controllers are proving instrumental in a multitude of applications. For instance, in traffic management, USB cameras are strategically positioned at intersections, monitoring traffic flow and optimizing signal control to alleviate congestion. Public safety is greatly enhanced as these cameras are deployed in public spaces and transportation hubs, aiding in crime prevention and incident response. Additionally, they contribute to environmental monitoring by capturing data on air quality and weather conditions. Furthermore, USB camera controllers are integral to smart parking solutions, guiding drivers to available parking spaces and facilitating automated payments. Notably, these cameras also play a role in urban planning, providing visual data to inform infrastructure development decisions. In emergency situations, they offer real-time visuals for more effective response. With applications ranging from waste management to tourism promotion and data analytics, USB camera controllers are a significant component of Middle Eastern smart cities, supporting efficiency, safety, and sustainability.South & Central America USB Camera Controller Market Overview
The USB camera controller market in SAM is segmented into Brazil, Argentina, and the Rest of SAM. With government support and foreign direct investments in countries in SAM, the region is witnessing an increase in infrastructure development. This has led to the growing construction of manufacturing facilities, commercial complexes, shopping malls, hospitals, educational institutions and universities, and government offices. For instance, in October 2022, Ardagh Glass announced its plan to construct its Brazilian glass manufacturing facility. The construction was set to start in November 2022, and the facility is expected to be operational by the end of 2023. Similarly, in May 2023, VINCI Airports announced that it had started working on the modernization and expansion of Boa Vista Airport in Roraima, Brazil. It will include full renovation of the runway and the doubling of the passenger terminal area by expanding the departure lounge. The construction work is expected to be completed in the second half of 2024. Post construction of such projects, a strong security system will be required to monitor the above facilities, which will raise the demand for USB cameras. As the user can control the movement and focus of these cameras through a remote or joystick from their work location and monitor the whole workplace or facility, the demand for these cameras is increasing in the region, further boosting the growth of the USB camera controller market.South & Central America USB Camera Controller Market Revenue and Forecast to 2030 (US$ Million)
South & Central America USB Camera Controller Market Segmentation
The South & Central America USB camera controller market is segmented into type, device type, connectivity, application, and country.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 a larger South & Central America USB camera controller market share in 2023.
Based on device type, the South & Central America USB camera controller market is segmented into joystick and remote. The joystick segment held a larger South & Central America USB camera controller market share in 2023.
Based on connectivity, the South & Central America USB camera controller market is segmented into wired and wireless. The wired segment held a larger South & Central America USB camera controller market share in 2023.
Based on application, the South & Central America USB camera controller market is segmented into residential and non-residential. The non-residential segment held a larger South & Central America USB camera controller market share in 2023.
Based on country, the South & Central America USB camera controller market has been categorized into Brazil, Argentina, and the Rest of South & Central America. Brazil dominated the South & Central America USB camera controller market in 2023.
Aver Information Inc, Infineon Technologies AG, Shenzhen Minrray Industry Co Ltd, Sony Group Corp, and SZ Tenveo are some of the leading companies operating in the USB camera controller market in the region.
Table of Contents
1. Introduction
3. Research Methodology
4. South & Central America USB Camera Controller Market Landscape
5. South & Central America USB Camera Controller Market - Key Market Dynamics
6. USB Camera Controller Market - South & Central America Market Analysis
7. South & Central America USB Camera Controller Market Revenue and Forecast to 2030 - Type
8. South & Central America USB Camera Controller Market Revenue and Forecast to 2030 - Device Type
9. South & Central America USB Camera Controller Market Revenue and Forecast to 2030 - Connectivity
10. South & Central America USB Camera Controller Market Revenue and Forecast to 2030 - Application
11. South & Central America USB Camera Controller Market - country Analysis
12. Industry Landscape
13. Company Profiles
14. Appendix
List of Tables
List of Figures
Executive Summary
At 10.2% CAGR, the South & Central America USB Camera Controller Market is Speculated to be Worth US$ 238.38 million by 2030.According to this 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.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Aver Information Inc
- Infineon Technologies AG
- Shenzhen Minrray Industry Co Ltd
- Sony Group Corp
- SZ Tenveo
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 104 |
| Published | December 2023 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value in 2023 | 120.77 Million |
| Forecasted Market Value by 2030 | 238.38 Million |
| Compound Annual Growth Rate | 10.2% |
