Document Camera Market

AVer Information (Taiwan) and ELMO Company (Japan) are Leading Players in the Document Camera Market

Document cameras, also known as visualizers, are real-time image capturing devices designed for displaying an object to a large audience. These devices can magnify and project images of any object, including 3D objects, transparencies, and even persons. The document camera market is expected to grow from USD 370 million in 2020 to USD 545 million by 2025; it is expected to grow at a CAGR of 8.1% during the forecast period. Education sector, and corporate sector are the key end users, which dominate the document camera market and also contribute significantly to its growth.

Major players in the document camera market have primarily adopted product launch strategy to strengthen their position in the market.

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  • In January 2020, WolfVision (Austria), at ISE 2020, launched 2 new products—VZ-8.UHD, the company’s first 4K Visualizer system, and Cynap Pure Pro wireless presentation and collaboration system. Few of the features of the newly launched VZ-8.UHD visualizer includes newly designed optical and electronic systems, 4K UHD output resolution, touchscreen control and preview monitor, and simultaneous 4K recording and streaming capability.
  • In December 2019, AVer Information (Taiwan) launched AVerVision M15-13M mechanical arm visualizer. This product is AVer’s smallest, most lightweight document camera to date. It weighs 0.68 kg and folds into a thin bar that effortlessly fits in a bag with textbooks or other devices, making it easy to carry.

AVer Information (Taiwan) and ELMO Company (Japan) are among the major players in the document camera market. AVer Information is a well-known player in the document camera market. Strong brand name and broad product portfolio are 2 key factors for the leading position of AVer Information in the document camera market. The company has won several awards for its document cameras. For instance, in October 2019, it announced that Japan’s world-renowned Good Design Award had selected the AVerVision M15W mechanical arm wireless visualizer as an award winner. Apart from the strong brand name and product portfolio, the company also has strong R&D capabilities. Nearly 30% of its workforce is engaged in R&D activities; in recent years, it has launched several new products.

ELMO Company is another well-known player in the document camera market and has over 30 years of experience and expertise in the field of document cameras. The company has a wide document camera product portfolio comprising both wired and wireless solutions, and it is further enhancing its product portfolio by adopting the product launch strategy. Its strong global presence is another strength that has helped it attain a prominent position in the document camera market.

Related Reports:

Document Camera Market with COVID-19 Impact Analysis By Product Type (Portable and Non-portable), Connection Type (Wired and Wireless), End User (Education, Corporate, and Others), and Geography- Global Forecast to 2025

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Report Code
SE 7705
RI Published ON
7/24/2020
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