The Asia Pacific USB camera controller market is expected to grow from US$ 756.50 million in 2023 to US$ 2,173.71 million by 2030. It is estimated to grow at a CAGR of 16.3% from 2023 to 2030.
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.
Seomyeon Office Building Development Project (US$ 715 million) involves the construction of a 32-story office building with eight floors in South Korea. 360 Queen Street Office Tower project (US$ 608 million) involves the construction of a 33-story, 200 m high office tower in Australia. Uchikanda 1-Chome District Redevelopment project (US$ 521 million) aims to provide better office spaces in Japan. This project will redevelop the Corp Building and the Hitachi Kamakurabashi Building into an office complex. Bestfield Commercial Development (US$ 425 million) project involves the construction of three 22-story commercial towers in India. The construction of such commercial infrastructure requires high-end security, which can be provided through USB cameras, as surveillance, zooming, and focusing on a particular area in the camera range can be easily managed using a joystick or remote. This is propelling the growth of the USB camera controller market in APAC.
Based on type, the Asia Pacific USB camera controller market is segmented into USB 2.0 and USB 3.0. The USB 2.0 segment held a larger Asia Pacific USB camera controller market share in 2023.
Based on device type, the Asia Pacific USB camera controller market is segmented into joystick and remote. The joystick segment held a larger Asia Pacific USB camera controller market share in 2023.
Based on connectivity, the Asia Pacific USB camera controller market is segmented into wired and wireless. The wired segment held a larger Asia Pacific USB camera controller market share in 2023.
Based on application, the Asia Pacific USB camera controller market is segmented into residential and non-residential. The non-residential segment held a larger Asia Pacific USB camera controller market share in 2023.
Based on country, the Asia Pacific USB camera controller market has been categorized into Taiwan, China, Japan, India, South Korea, and the Rest of Asia Pacific. China dominated the Asia Pacific USB camera controller market in 2023.
Aver Information Inc, Genesys Logic Inc, Infineon Technologies AG, Realtek Semiconductor Corp, Shenzhen Minrray Industry Co Ltd, Sonix Technology Co Ltd, Sony Group Corp, and SZ Tenveo are some of the leading companies operating in the USB camera controller market in the region.
Growing Esports Industry Fuels Asia Pacific USB Camera Controller Market
The esports industry has seen tremendous growth in recent years. According to the report by Niko Partners, China is the world's largest esports market. Also, as per the Electronic Sports Committee (ESC) of the China Audio-video and Digital Publishing Association (CADPA), in 2022, the Chinese esports industry generated revenues of US$ 21 billion. In addition, various other countries in APAC are witnessing growth in their esports market. For instance, according to the forecasting by the International Trade Administration (ITA), the esports market of Japan is expected to reach US$ 71 million in 2022 and more than US$ 129 million by 2025. Similarly, according to the State of India Gaming Report 2022 from AWS and Lumikai, in 2022, the Indian esports industry was valued at US$ 40 million and is expected to reach US$ 140 million by 2027. Additionally, the number of esports players in India grew from 150,000 in 2021 to 600,000 in 2022, which is further expected to grow 2.5 times to 1.5 million by 2027.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.
Asia Pacific USB Camera Controller Market Overview
The USB camera controller market in APAC is segmented into China, India, Japan, Australia, South Korea, and the Rest of APAC. The demand for USB cameras is driven by the increasing development of building infrastructures in APAC. With the growing infrastructural development, the need for security is also increasing in the above countries, which is expected to play a vital role in the adoption of USB cameras in the region, further fueling the market growth. The major office building construction projects initiated in APAC in 2022 are as follows:Seomyeon Office Building Development Project (US$ 715 million) involves the construction of a 32-story office building with eight floors in South Korea. 360 Queen Street Office Tower project (US$ 608 million) involves the construction of a 33-story, 200 m high office tower in Australia. Uchikanda 1-Chome District Redevelopment project (US$ 521 million) aims to provide better office spaces in Japan. This project will redevelop the Corp Building and the Hitachi Kamakurabashi Building into an office complex. Bestfield Commercial Development (US$ 425 million) project involves the construction of three 22-story commercial towers in India. The construction of such commercial infrastructure requires high-end security, which can be provided through USB cameras, as surveillance, zooming, and focusing on a particular area in the camera range can be easily managed using a joystick or remote. This is propelling the growth of the USB camera controller market in APAC.
Asia Pacific USB Camera Controller Market Revenue and Forecast to 2030 (US$ Million)
Asia Pacific USB Camera Controller Market Segmentation
The Asia Pacific USB camera controller market is segmented into type, device type, connectivity, application, and country.Based on type, the Asia Pacific USB camera controller market is segmented into USB 2.0 and USB 3.0. The USB 2.0 segment held a larger Asia Pacific USB camera controller market share in 2023.
Based on device type, the Asia Pacific USB camera controller market is segmented into joystick and remote. The joystick segment held a larger Asia Pacific USB camera controller market share in 2023.
Based on connectivity, the Asia Pacific USB camera controller market is segmented into wired and wireless. The wired segment held a larger Asia Pacific USB camera controller market share in 2023.
Based on application, the Asia Pacific USB camera controller market is segmented into residential and non-residential. The non-residential segment held a larger Asia Pacific USB camera controller market share in 2023.
Based on country, the Asia Pacific USB camera controller market has been categorized into Taiwan, China, Japan, India, South Korea, and the Rest of Asia Pacific. China dominated the Asia Pacific USB camera controller market in 2023.
Aver Information Inc, Genesys Logic Inc, Infineon Technologies AG, Realtek Semiconductor Corp, Shenzhen Minrray Industry Co Ltd, Sonix Technology 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. Asia Pacific USB Camera Controller Market Landscape
5. Asia Pacific USB Camera Controller Market - Key Market Dynamics
6. USB Camera Controller Market - Asia Pacific Market Analysis
7. Asia Pacific USB Camera Controller Market Revenue and Forecast to 2030 - Type
8. Asia Pacific USB Camera Controller Market Revenue and Forecast to 2030 - Device Type
9. Asia Pacific USB Camera Controller Market Revenue and Forecast to 2030 - Connectivity
10. Asia Pacific USB Camera Controller Market Revenue and Forecast to 2030 - Application
11. Asia Pacific USB Camera Controller Market - country Analysis
12. Industry Landscape
13. Company Profiles
14. Appendix
List of Tables
List of Figures
Executive Summary
At 16.3% CAGR, the Asia Pacific USB Camera Controller Market is Speculated to be Worth US$ 2,173.71 million by 2030.According to this research,, the Asia Pacific USB camera controller market was valued at US$ 756.50 million in 2023 and is expected to reach US$ 2,173.71 million by 2030, registering a CAGR of 16.3% from 2023 to 2030. Rising construction projects worldwide and growing mining activities are the critical factors attributed to the Asia Pacific USB camera controller market expansion.
The rising demand for different metals and minerals is increasing mining activities worldwide. Various countries are increasing their investment to expand their mining site to fulfill this rising demand. Similarly, according to the government of Western Australia, in 2022, ~US$ 26 billion was invested in Western Australia’s mining and petroleum sectors. Such growing investment in the mining industry will further raise mining production worldwide. According to the Statistics of the Swedish Mining Industry 2021 report, in 2021, Swedish ore production reached 88.6 million metric tons, a rise of 22% since 2015. Also, as per the Australian Bureau of Statistics, mining production in Australia increased by 5.7% in the first quarter of 2023. Thus, such growing mining production worldwide is expected to raise the demand for security and monitoring to ensure the safety of employees, equipment, or materials. This increasing need for real-time monitoring is raising the demand for USB cameras with controllers at the mining site, as the authorities can check every movement at the mining site by moving the camera through its controller and focusing on any particular area when needed. Through this, the authorities can detect any suspicious activities at the site and provide an alert in case of any danger. Hence, the growing mining activities worldwide are boosting the growth of the USB camera controller market.
On the contrary, rise in preference for software controllers for USB cameras hurdles the growth of Asia Pacific USB camera controller market.
Based on type, the Asia Pacific USB camera controller market is segmented into USB 2.0 and USB 3.0. The USB 2.0 segment held 56.4% share of Asia Pacific USB camera controller market in 2023, amassing US$ 426.58 million. It is projected to garner US$ 1,140.30 million by 2030 to expand at 15.1% CAGR during 2023-2030.
Based on device type, the Asia Pacific USB camera controller market is segmented into joystick and remote. The joystick segment held 64.4% share of Asia Pacific USB camera controller market in 2023, amassing US$ 487.03 million. It is projected to garner US$ 13,18.71 million by 2030 to expand at 15.3% CAGR during 2023-2030.
Based on connectivity, the Asia Pacific USB camera controller market is segmented into wired and wireless. The wired segment held 52.6% share of Asia Pacific USB camera controller market in 2023, amassing US$ 397.56 million. It is projected to garner US$ 1,043.30 million by 2030 to expand at 14.8% CAGR during 2023-2030.
Based on application, the Asia Pacific USB camera controller market is segmented into residential and non-residential. The non-residential segment held 53.2% share of Asia Pacific USB camera controller market in 2023, amassing US$ 402.67 million. It is projected to garner US$ 1,209.97 million by 2030 to expand at 17.0% CAGR during 2023-2030.
Based on country, the Asia Pacific USB camera controller market has been categorized into Taiwan, China, Japan, India, South Korea, and the Rest of Asia Pacific. Our regional analysis states that China captured 36.5% share of Asia Pacific USB camera controller market in 2023. It was assessed at US$ 276.12 million in 2023 and is likely to hit US$ 919.48 million by 2030, exhibiting a CAGR of 18.8% during the forecast period.
Key players operating the Asia Pacific USB camera controller market are Aver Information Inc, Genesys Logic Inc, Infineon Technologies AG, Realtek Semiconductor Corp, Shenzhen Minrray Industry Co Ltd, Sonix Technology 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
- Aver Information Inc
- Genesys Logic Inc
- Infineon Technologies AG
- Realtek Semiconductor Corp
- Shenzhen Minrray Industry Co Ltd.
- Sonix Technology Co Ltd
- Sony Group Corp
- SZ Tenveo
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 139 |
| Published | December 2023 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value in 2023 | 756.5 Million |
| Forecasted Market Value by 2030 | 2173.71 Million |
| Compound Annual Growth Rate | 16.3% |
| Regions Covered | Asia Pacific |
| No. of Companies Mentioned | 8 |
