Global meeting room camera volumes grew from 1.59 million units in 2022 to 1.63 million units in 2023, representing an increase of 3%. This relatively flat growth reflects 1 the difficult market conditions of 2023, with leading vendors such as Huddly, HP Poly and Logitech all reporting a decline in sales.
360 cameras are becoming more mainstream, with Kandao announcing two new models in May 2023 and Neat Center launching in late 2023. With HP/Poly announcing the Poly Studio E360 Center-of-Table Companion at Enterprise Connect in March 2024, the industry will see more instances of 360-degree cameras being used in multicamera systems to support the concept of meeting equity.
Vendors are prioritising strategic product partnerships to offer a more comprehensive product portfolio, and therefore differentiate themselves in an increasingly competitive market. AVer has been particularly active in the establishment of partnerships, having collaborated with Airtame, Astrogate, Nureva, Q-SYS and Sennheiser during 2023.