Global Document Camera Market is segmented By Product (Portable, Non-Portable), By Connection (Wired, Wireless), By End-User (Education, Corporate, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2022 - 2029
Market Overview
The Global "Document Camera Market" is expected to reach at a CAGR of XX% during the forecast period (2022-2029).
Document cameras, also known as visualizers, digital overheads, or doc cams, are real-time image capturing devices used to show an object to a broad audience. A document camera, like an opaque projector, may magnify and project images of actual, three-dimensional items as well as transparencies. They're high-resolution webcams installed on arms to make placing them on a website more accessible.
At the same time, the audience watches, a teacher, lecturer, or presenter can write on a piece of paper or show a two- or three-dimensional item. A document camera can theoretically display all things. The majority of objects are placed in front of the camera. The camera captures the image, projected or displayed using a projector or monitor. Different types of document cameras/visualizers provide much freedom for object positioning.
Source: DataM Intelligence Analysis (2021)
Market Dynamics
The increasing demand for documentation cameras in the education sector drives the market growth of the global documentation camera market. Nonetheless, lack of access to infrastructure in emerging economies restricts the market growth.
Rising digitalization in the education sector
The field of education is progressively getting more digitalized. There's more to learning than memorizing facts from a textbook. Document cameras, interactive whiteboards and projectors are among the digital technologies that make learning more interesting and interactive. The need for document cameras in the education industry is growing in tandem with digitization.
The education sector currently has the highest demand for document cameras. There are numerous educational institutions. Globally, use these cameras for various purposes, including displaying textbooks and 3D objects and real-time recording video for demonstrations. To cope with the growing demand for document cameras in the education sector, many manufacturers are launching innovative products into the market.
For instance, On June 28, 2021, The groundbreaking VB130 All-In-One Distance Learning Collaboration Solution was launched today by AVer Information Inc. USA, an award-winning provider of video collaboration solutions and education technology solutions. The VB130 is a 4K video projector with a selectable 120o or 90o Field of View and clear built-in audio that gives remote students a real in-class experience while allowing in-class students and their teacher to hear audio from classmates at home. As a result, the demand for document cameras in the education sector could be considered a driver capable of improving the market prospect of the respective market.
Lack of access to infrastructure in emerging economies
The lack of reliable internet and power supplies in several emerging countries is one of the most significant problems limiting the adoption of digital technologies in emerging countries. As per data, the number of 10-year-old children who cannot read and understand a simple tale by the end of primary school was used by the World Bank to estimate the levels of "Learning Poverty" globally.
Learning poverty affects 53% of people in low- and middle-income nations, whereas it affects 80% of the poorest countries. With the befall of the Coronavirus disease (COVID-19), 180+ countries imposed temporary school closures, affecting about 85 percent of children globally and leaving 1.6 million children and youth out of school. However, as per UNICEF, 87% of children and young people in high-income nations have access to the internet at home, while only 6% of children and young people in low-income countries do.
The other age groups studied (school-age children 3 to 17 years old and teenagers 15 to 24 years old) show the same pattern. Because document cameras are ICT devices, they require electricity and an internet connection to operate. As a result, the lack of a consistent internet connection and electricity supply limits their usage. Furthermore, the adoption of remote learning and working is hampered by the lack of a constant internet connection and electrical supply. The respective aspect also has a detrimental impact on the document camera business, as these devices have shown to be useful for remote teaching and working.
COVID-19 Impact Analysis
The world is amidst an economic catastrophe brought on by the COVID-19 epidemic. Like numerous other markets, the pandemic has caused the document camera market's growth rate to slow down since educational institutions and corporate offices, which are the primary demand generators for document cameras, are currently unavailable in several nations, lowering the demand for document cameras. Furthermore, COVID-19 has impacted the document camera supply chain, causing delays in manufacturing and distribution.
On the other hand, the market is projected to recover quickly as more people turn to remote working and teaching during the lockdown. Document camera makers see an increase in demand for their devices.
Furthermore, COVID-19 increased the awareness associated with remote working and learning solutions, which is projected to impact document camera demand positively. However, many manufacturers find it hard to satisfy the increasing demand due to various supply chain issues. As soon as the supply chain concerns are overcome, the market's growth is likely to accelerate.
Less expenditure helps the wired to dominate the connection segment of the global sanitary ware market.
Based on connection, the document camera market is divided into two types, namely, wired and wireless. Document cameras in the wired category will likely increase the market during the forecast period. Wired connectivity document cameras provide high-quality and fast video/image streaming, which might be difficult with wireless connectivity document cameras at times. Furthermore, wired connectivity document cameras are typically less expensive than wireless connectivity document cameras. These reasons have combined to propel the wired connectivity category to the top of the market. To cope with the immense growth in demand, many manufacturers are launching new products into the market.
For instance, On March 2, 2021, AVer Information Inc. announced the launch of CAM130, a USB conference camera solution with a built-in microphone for today's virtual communicators, which is great for huddle rooms, phonebooth rooms and individuals who work from home. The CAM130 is the first in AVer's new integrated fill lighting solutions line.
Source: DataM Intelligence Analysis (2021) *
Geographical Analysis
North America records the highest market share in the global document camera market.
North America is expected to dominate all the other global document camera market regions. The high demand for document cameras from the education sector is one of the key factors leading to this region's market domination. The education sector in North America is strong, with several prominent and technologically advanced educational institutions. In addition, a multitude of document camera companies has a presence in this region, contributing to the market's growth in North America.
For instance, on October 9, 2019, the U.S. division of AVer Information Inc. announced that its Pro A.V. I.P. streaming cameras are now compatible with Echo360, allowing faculty, students, and administrators to easily manage, share, and engage with academic video content.
Source: DataM Intelligence Analysis (2021)
Competitive Landscape
The document camera market is competitive with the presence of local and global companies. Some of the key players contributing to the market's growth include AVer Information, WolfVision, ELMO Company, Seiko Epson, IPEVO, Lumens Digital Optics, Pathway Innovations and Technologies, QOMO, Hue and SMART Technologies, among others.
The major players are adopting several growth strategies such as product launches, acquisitions and collaborations, contributing to the growth of the Document camera Market globally.
For instance, in June 2019, WolfVision (Austria) introduced three new solutions to the U.S. market at Infocomm 2019. The Cynap Pure, a wireless presentation appliance with 4K-capability, the vSolution Meeting, an intuitive room-scheduling and meeting management application and the VZ-8.UHD visualizer, the company's first native 4K UHD visualizer system, is among the new items.
AVer Information Inc.:
Overview: AVer is a major creator and manufacturer of education technology and visual collaboration solutions founded in January 2008. With a diverse product line that includes anything from visualizers and mobile device charging carts to H.D. video conferencing systems and conference cameras.
AVer's headquarters are in Taiwan's New Taipei City. Nearly 500 employees work globally, with professional R&D personnel accounting for 30% of the total workforce. The firm holds 195 patents covering a wide range of technologies. AVer has become a successful smart solution provider by satisfying customers through technological innovation and high quality.
Product Portfolio: The Company's product portfolio of document cameras includes:
- CAM130: The CAM130 is a 4K camera with adaptive illumination and WFH for usage in tiny spaces. Even when meeting participants are wearing masks, embedded auto and preset framing can track and capture them, saving time and increasing meeting efficiency. A built-in lens cover protects your privacy from hackers, and versatile mounts accommodate a variety of usage circumstances. All of this creativity results in brighter and better conferences.
Key Development: In December 2019, AVer Information (Taiwan) released the visualizer of the AVerVision M15-13M mechanical arm. To date, this model is AVer's smallest and lightest document camera. It fits easily into a bag with textbooks or other devices, making it convenient to transport.
Why Purchase the Report?
- Visualize the composition of the document camera market segmentation by product, connection, end-user and region, highlighting the key commercial assets and players.
- Identify commercial opportunities in the document camera market by analyzing trends and co-development deals.
- Excel data sheet with thousands of data points of document camera market-level 4/5 segmentation.
- PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
- Product mapping in excel for the key product of all major market players
The global document camera market report would provide access to an approx. 69 market data tables, 69 figures and 180 pages.
Target Audience 2022
- Document Camera Manufacturers/ Buyers
- Industry Investors/Investment Bankers
- Education & Research Institutes
- Research Professionals
- Emerging Companies
- Suppliers/Distributors
