Tag: Digital Camera Market

Digital Camera Market Expects CAGR Growth to Approx. 5% by 2030 As Revealed in New Report

Comprehensive Analysis Report of Global Digital Camera Market

Markntel Advisors has recently published a comprehensive analysis report of the Global Digital Camera Market, spanning the forecast period from 2024 to 30. Leveraging data from the historical period of 2019 to 22, with 2023 as the reference year, our expert team of analysts has dedicated significant effort to collect and evaluate the latest market data. The outcome is a detailed and up-to-date report that provides valuable insights for individuals making data-driven decisions, including business owners and analysts. Whether your goal is to explore new markets, launch a new product, or maintain a competitive advantage, our research report on the Digital Camera Market presents well-researched facts and figures pertinent to the industry.

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Study Report Coverage:

  1. Industry Overview and Statistics
  2. Trends in the Global Digital Camera Market
  3. Factors Driving and Hindering Industry Growth
  4. Evolution of the Industry by Geography and Service Adoption
  5. Competition Across Various Regions
  6. Evolution of Customer Buying Behavior and Expectations
  7. Key Competitors and Strategic Partnerships

Unlocking Insights: The Global Digital Camera Market (2024-2030)

The Global Digital Camera Market size was valued at around USD 5 billion in 2022 and is further projected to grow at a CAGR of around 5% during the forecast period, i.e., 2024-30.

Leading Companies Operating in the Digital Camera Market:

  • Apple Inc.
  • Acer Inc.
  • Canon Inc.
  • Eastman Kodak Company
  • Fujifilm Holdings Corporation
  • Kyocera Corporation
  • Koninklijke Philips NV
  • Nikon Corporation
  • Olympus Corporation
  • Panasonic Corporation
  • Ricoh Imaging Company, Ltd.
  • Sigma Corporation
  • Sony Corporation
  • TAMRON Co. Ltd.
  • Others

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Geographical Reach and Leading Area

  • North America
  • South America
  • Europe
  • Middle East & Africa
  • Asia-Pacific

Among all regions globally, the Asia-Pacific holds the dominant position in the Global Digital Camera Market.

Segments and Sub-Section of Digital Camera Market:

By Product

  • Single Reflex
  • Non-Reflex

By Lens

  • Built-In Lens
    • Integration Camera
    • Bridge Cameras
    • Compact Digital Cameras
  • Interchangeable Lens
    • Digital Single Lens Reflex (SLR) Cameras
    • Digital Rangefinders
    • Line-Scan Camera Systems

By Sensing Technology

  • Charge-Coupled Device (CCD)
  • Complementary Metal Oxide Semiconductor (CMOS)

By Application

  • Personal
  • Professional

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About us

MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, Saudi Arabia, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

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Digital Camera Market Research Breakthrough: 2022 Registers USD 5 billion Valuation, Envisions Impressive 5% CAGR Surge by 2030

Report Overview:

The following report titled “Global Digital Camera Market: By Product (Single Reflex, Non-Reflex), By Lens (Built-In Lens [Integration Camera, Bridge Cameras, Compact Digital Cameras], Interchangeable Lens [Digital Single Lens Reflex (SLR) Cameras, Digital Rangefinders, Line-Scan Camera Systems]) and other forecast 2024-2030” provides a comprehensive analysis of the market, focusing on key details such as market size, growth trends, determinants of growth, segments covered, and the role of leading players in the industry.

Global Digital Camera Market Summary

The Global Digital Camera Market size was valued at around USD 5 billion in 2022 and is further projected to grow at a CAGR of around 5% during the forecast period, i.e., 2024-30. The market is driven by the swiftly rising prevalence of the internet & high penetration of social media, instigating users to click & upload pictures & videos and increase public engagement. It, in turn, is augmenting the demand for digital cameras to capture & attain images & videos instantly.

Report Coverage & Details

  • Forecast Period:  2024-2030
  • Base Year: 2023
  • Market Size in 2022: USD 5 billion
  • CAGR: 5%

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Digital Camera Market Trend:

Surging Adoption of Mirrorless Cameras in the Market – Integration of Mirrorless cameras has been an emerging trend in the Global Digital Camera Industry. With their sleek & compact design, mirrorless cameras have enhanced the photography landscape, drawing both enthusiasts & professionals to adopt this technology. By eliminating various accessories & components in the DSLRs such as mirror box, pentaprism, etc., mirrorless cameras have gained popularity by delivering the same level of performance as traditional cameras.

Segmentation Analysis: Digital Camera Market

By Product

  • Single Reflex
  • Non-Reflex

By Lens

  • Built-In Lens
    • Integration Camera
    • Bridge Cameras
    • Compact Digital Cameras
  • Interchangeable Lens
    • Digital Single Lens Reflex (SLR) Cameras
    • Digital Rangefinders
    • Line-Scan Camera Systems

By Sensing Technology

  • Charge-Coupled Device (CCD)
  • Complementary Metal Oxide Semiconductor (CMOS)

By Application

  • Personal
  • Professional

By Region

  • North America
  • South America
  • Europe
  • Middle East & Africa
  • Asia-Pacific

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Region: Asia-Pacific Holds a Major Market Share

Among them, Asia-Pacific is anticipated to emerge as a prominent area, exhibiting growth opportunities for the leading companies & contributing substantially to the market expansion in the coming years.

Leading Players Analysis: Digital Camera Market

The report provides detailed analysis of key players in the global Digital Camera market, highlighting their strategies and competitive scenario.

  • Apple Inc.
  • Acer Inc.
  • Canon Inc.
  • Eastman Kodak Company
  • Fujifilm Holdings Corporation
  • Kyocera Corporation
  • Koninklijke Philips NV
  • Nikon Corporation
  • Olympus Corporation
  • Panasonic Corporation
  • Ricoh Imaging Company, Ltd.
  • Sigma Corporation
  • Sony Corporation
  • TAMRON Co. Ltd.
  • Others

Note: Should you require specific information beyond the current scope of the report, we are prepared to furnish it as part of our customization services.

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Key Benefits for Stakeholders:

  1. Informed Decision-Making: Access to comprehensive and insightful market research reports enables stakeholders to make well-informed decisions, leading to more strategic and successful initiatives.
  2. Strategic Planning: The strategic reports provided by MarkNtel Advisors empower stakeholders to formulate robust strategies for market entry, product development, and competitive positioning.
  3. Market Sizing & Forecasting: Stakeholders can benefit from accurate market sizing and forecasting data to make informed investment and resource allocation decisions, minimizing risks and maximizing returns.
  4. Competitive Benchmarking: The availability of competitive benchmarking data allows stakeholders to assess their performance against industry peers, identify areas for improvement, and capitalize on strengths.
  5. Identifying Investment Opportunities: Through trend analysis and industry insights, stakeholders can identify attractive investment opportunities and stay ahead in the market for better ROI.

About us

MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, Saudi Arabia, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

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Digital Camera Market Price, Share, Size, Trends, Growth, Report, Forecast 2023-2028

The ‘Global Digital Camera Market Trends, Size, Price, Growth, Analysis, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global digital camera market, assessing the market on the basis of its segments like type and major regions.

The report studies the latest updates in the market, along with their impact across the market. It also analysis the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models.

Digital Camera Market Size, Share, Industry Report, Key Player, Major Segments, and Forecast

The key highlights of the report include:

Market Overview (2018-2028)

Historical Market Size (2022): USD 9,969.1 million
Forecast CAGR (2023-2028): 6.3%
Forecast Market Size (2028): USD 14,583.5 million

The demand for digital cameras is increasing with the surging trend of photography as these cameras aid in capturing and storing videos and photos digitally instead of printing them to film as traditional analogue cameras. Such devices also offer basic image editing functions, involving image enhancement, and cropping which is driving the demand for the digital camera market across the globe. Other key features are BSS-best shot selector, burst shots, auto-focusing, optical zoom, ISO, and AWB updates.

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In addition to taking pictures, various digital cameras are efficient in recording videos. It utilises a lens along with a variable diaphragm to change the electronic lighting, and a viewfinder monitor to exhibit a taken video or image.

The major advantage of digital photography is its immediate image and video viewability coupled with the image editing software which is employed for recolouring, cropping, contrast/imperfection adjustment, and combining one or more images. This is further anticipated to bolster the market demand for digital cameras globally.

Growing social media platforms such as Instagram are propelling the market growth of digital cameras. They offer opportunities to consumers worldwide to engage in photography. Most users capture images employing professional DSLRs and later post them to the social media platform, rather than just capturing photographs through phones.

Digital Camera Industry Definition and Major Segments

A digital camera is also called a digicam. It uses an electronic image sensor to record video and capture still pictures. Its optical system functions like a film camera, in which a diaphragm and lens are employed to modify electronic image sensor lighting. Digital cameras are used by expert, professional, and nonprofessional photographers with several automated control functions. The new generation digital cameras enable easy handling of most functions.

Read Full Report with Table of Contents@ https://www.expertmarketresearch.com/reports/digital-camera-market

On the basis of type, the digital camera market is segmented into:

Interchangeable Lens Cameras
Digital Single Lens Reflex (SLR) Cameras
Digital Rangefinders
Line-Scan Camera Systems
Mirrorless Camera

Built-in Lens Camera
Bridge Cameras
Compact Digital Cameras

Based on region, the market is divided into:

North America
Latin America
Asia Pacific
Europe
Middle East and Africa

Digital Camera Market Trends

The surging demand for lightweight cameras coupled with premium quality digital cameras, and the rise in applications of digital cameras in sports, entertainment, and media are aiding the digital camera market growth. The rising demand for digital single-lens reflex cameras is likely to fuel the market growth of digital cameras owing to an upsurge in digitalisation. Their easy usage as well as robust demand related to similar markets is likely to propel the market growth of digital cameras during the forecast period.

Going further, digital single-lens reflex cameras have developed as a budding segment providing high-quality images. Moreover, evolving technology, like the assimilation of AI along with the expansion of lightweight mirrorless cameras are expected to fuel the digital camera market growth over the upcoming years. The increasing investment by the major market players and rising involvement in travel and tourism activities coupled with fuelling demand for modern cameras among several users are projected to augment the market growth of digital cameras across the globe.

The demand for lightweight, compact, and high-quality cameras is soaring with the surging interest and enthusiasm of consumers for sight capturing. Additionally, the emergence of digital cameras along with smartphones has built a mainstream profession of photography. A growing requirement for premium-quality cameras with user-friendly interfaces as well as affordable prices are further positively influencing the demand for the digital camera market. The dependency of commercial photography on digital cameras is bolstering the market demand for example action photography is driving the demand for compact digital cameras.

Geographically, the Asia Pacific region is expected to register significant growth in the digital camera market due to the rising consumer affluence along with the growing population across the region.

Key Market Players

The major players in the global digital camera market report are

  • Canon Inc.,
  • Sony Corporation,
  • Nikon Corporation,
  • Panasonic Corporation,
  • Olympus Corporation,
  • others.

The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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