The North America USB camera controller market is expected to grow from US$ 503.49 million in 2023 to US$ 1,382.03 million by 2030. It is estimated to grow at a CAGR of 15.5% from 2023 to 2030.
Based on type, the North America USB camera controller market is segmented into USB 2.0 and USB 3.0. The USB 2.0 segment held a larger North America USB camera controller market share in 2023.
Based on device type, the North America USB camera controller market is segmented into joystick and remote. The joystick segment held a larger North America USB camera controller market share in 2023.
Based on connectivity, the North America USB camera controller market is segmented into wired and wireless. The wireless segment held a larger North America USB camera controller market share in 2023.
Based on application, the North America USB camera controller market is segmented into residential and non-residential. The non-residential segment held a larger North America USB camera controller market share in 2023.
Based on country, the North America USB camera controller market has been categorized into the US, Canada, and Mexico. The US dominated the North America USB camera controller market in 2023.
Infineon Technologies AG, Sony Group Corp, Aver Information Inc, Genesys Logic Inc., Shenzhen Minrray Industry Co Ltd, TREEHAVEN Technologies Inc, PTZOptics, SZ Tenveo, and Sonix Technology Co Ltd are some of the leading companies operating in the USB camera controller market in the region.
Growing Mining Activities Fuels North America USB Camera Controller Market
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. For instance, in August 2022, the Mining Chamber of Mexico (Camimex) announced an investment of US$ 5.5 billion in 2022, which is an increase of 15.2% from 2021. 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.North America USB Camera Controller Market Overview
The USB camera controller market in North America is segmented into the US, Canada, and Mexico. North America is a technologically advanced region owing to factors such as a positive outlook for advanced hardware adoption, a high inclination toward technological innovation, high GDP, developed infrastructure, and favorable economic policies. Because of all the above factors, the demand for USB cameras for security purposes in residential and commercial buildings is increasing, which is further fueling the growth of the USB camera controller market. Also, the growing number of new construction projects in the region is expected to increase the demand for USB cameras as they can be turned in any direction through their remote controller or joystick and can help focus on a particular place when needed. Some of the new construction projects carried out in the region are as follows:- In November 2021, Samsung announced its plan to construct a new advanced chip-making plant in Texas. The plant is estimated to cost ~US$ 17 billion and is expected to be operational in 2024.
- In May 2023, Buffalo Bills announced that the construction of the new stadium had started in Western New York. This new Bills Stadium is built on 242 acres of land, and the construction is expected to be completed in July 2026.
North America USB Camera Controller Market Revenue and Forecast to 2030 (US$ Million)
North America USB Camera Controller Market Segmentation
The North America USB camera controller market is segmented into type, device type, connectivity, application, and country.Based on type, the North America USB camera controller market is segmented into USB 2.0 and USB 3.0. The USB 2.0 segment held a larger North America USB camera controller market share in 2023.
Based on device type, the North America USB camera controller market is segmented into joystick and remote. The joystick segment held a larger North America USB camera controller market share in 2023.
Based on connectivity, the North America USB camera controller market is segmented into wired and wireless. The wireless segment held a larger North America USB camera controller market share in 2023.
Based on application, the North America USB camera controller market is segmented into residential and non-residential. The non-residential segment held a larger North America USB camera controller market share in 2023.
Based on country, the North America USB camera controller market has been categorized into the US, Canada, and Mexico. The US dominated the North America USB camera controller market in 2023.
Infineon Technologies AG, Sony Group Corp, Aver Information Inc, Genesys Logic Inc., Shenzhen Minrray Industry Co Ltd, TREEHAVEN Technologies Inc, PTZOptics, SZ Tenveo, and Sonix Technology Co Ltd 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. North America USB Camera Controller Market Landscape
5. North America USB Camera Controller Market - Key Market Dynamics
6. USB Camera Controller Market - North America Market Analysis
7. North America USB Camera Controller Market Revenue and Forecast to 2030 - Type
8. North America USB Camera Controller Market Revenue and Forecast to 2030 - Device Type
9. North America USB Camera Controller Market Revenue and Forecast to 2030 - Connectivity
10. North America USB Camera Controller Market Revenue and Forecast to 2030 - Application
11. North America USB Camera Controller Market - country Analysis
12. Industry Landscape
13. Company Profiles
14. Appendix
List of Tables
List of Figures
Executive Summary
At 15.5% CAGR, the North America USB Camera Controller Market is Speculated to be Worth US$ 1,382.03 million by 2030.According to this research,, the North America USB camera controller market was valued at US$ 503.49 million in 2023 and is expected to reach US$ 1,382.03 million by 2030, registering a CAGR of 15.5% from 2023 to 2030. Rising construction projects worldwide and growing mining activities are the critical factors attributed to the North America 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.
The market growth in North America is attributed to the growing number of commercial construction projects. For instance, in Q2 of 2022, the construction of the Eight Office Tower project started, which is expected to be completed in Q1 of 2024. It will be a 25-story office tower in Washington, the US. Post construction of such projects, the need for high-end security and surveillance is expected to raise the demand for USB cameras as users can control them through their remote or joystick and move or focus them at different places in the camera range.
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 North America USB camera controller market.
Based on type, the North America USB camera controller market is segmented into USB 2.0 and USB 3.0. The USB 2.0 segment held 58.3% share of North America USB camera controller market in 2023, amassing US$ 293.77 million. It is projected to garner US$ 764.81 million by 2030 to expand at 14.6% CAGR during 2023-2030.
Based on device type, the North America USB camera controller market is segmented into joystick and remote. The joystick segment held 60.2% share of North America USB camera controller market in 2023, amassing US$ 302.95 million. It is projected to garner US$ 748.00 million by 2030 to expand at 13.8% CAGR during 2023-2030.
Based on connectivity, the North America USB camera controller market is segmented into wired and wireless. The wireless segment held 51.7% share of North America USB camera controller market in 2023, amassing US$ 260.50 million. It is projected to garner US$ 789.31 million by 2030 to expand at 17.2% CAGR during 2023-2030.
Based on application, the North America USB camera controller market is segmented into residential and non-residential. The non-residential segment held 55.2% share of North America USB camera controller market in 2023, amassing US$ 277.90 million. It is projected to garner US$ 793.02 million by 2030 to expand at 16.2% CAGR during 2023-2030.
Based on country, the North America USB camera controller market has been categorized into the US, Canada, and Mexico. Our regional analysis states that the US captured 59.1% share of North America USB camera controller market in 2023. It was assessed at US$ 297.61 million in 2023 and is likely to hit US$ 863.49 million by 2030, exhibiting a CAGR of 16.4% during 2023-2030.
Key players operating in the North America USB camera controller market are Infineon Technologies AG, Sony Group Corp, Aver Information Inc, Genesys Logic Inc., Shenzhen Minrray Industry Co Ltd., TREEHAVEN Technologies Inc, PTZOptics, SZ Tenveo, and Sonix Technology Co Ltd., 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 2021, The VC520 Pro2 Conferencing System and CAM520 Pro2 Conferencing Camera from Aver Information Inc. provided superior camera technology and updated smart AI functions for futuristic meetings. It has a wireless USB controller that allows it to handle many cameras at the same time.
Companies Mentioned
- Aver Information Inc
- Genesys Logic Inc.
- Infineon Technologies AG
- PTZOptics
- Shenzhen Minrray Industry Co Ltd.
- Sonix Technology Co Ltd
- Sony Group Corp
- SZ Tenveo
- TREEHAVEN Technologies Inc
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 123 |
| Published | December 2023 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value in 2023 | 503.49 Million |
| Forecasted Market Value by 2030 | 1382.03 Million |
| Compound Annual Growth Rate | 15.5% |
| Regions Covered | North America |
| No. of Companies Mentioned | 9 |
