Can multiple smartphones/tablets/computers be connected within a local network?

My idea is connecting two or more smartphone cameras streaming to a central hub (tablet or computer) from where the videos/images could be controlled and material processed&analyzed (images rectified, lens corrections, measured…).
The virtual webcam, Irun, seems to send it´s feed to a Fliplet app, but I would need some corrective measures. The images would be used for precise analysis <0,5%…