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The global digital camera market is witnessing negative growth owing to the rising popularity of smartphones coupled with the lack of technological innovations in digital cameras.
Request for a free sample copy of this report: https://www.imarcgroup.com/digital-camera-market/requestsample
According to the latest report by IMARC Group, titled “Digital Camera Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the global digital camera market reached a value of US$ 16.6 Billion in 2018. A digital camera is a multimedia device that uses an electronic image sensor to store photographs or videos in the digital format. It consists of a lens and a variable diaphragm that are used to adjust electronic image sensor lighting and viewfinder screen which helps in displaying the image or video captured. Unlike a film camera, the images or videos captured by a digital camera can be viewed instantly. It also supports basic image editing functions such as cropping and related image enhancement features. Additional features like auto-focus, best-shot selector, altering ISO and AWB, burst shots, shutter speed and digital zoom are standard features found in these devices.
Explore full report with table of contents: https://www.imarcgroup.com/digital-camera-market
Market Trends:
The increasing penetration rate of smartphones among consumers across the globe is one of the key factors negatively influencing the market growth. Innovative variants of smartphones are being launched at a rapid pace that offer new and better features, of which in-built cameras form an integral part. Significant research and development (R&D) go behind making these cameras more innovative and powerful with advanced characteristics. Unlike digital cameras, smartphones also offer accessibility to the Internet which allows smooth and quick transfer of multimedia files, thus significantly saving time and providing a hassle-free experience to users. Also, these cameras are more expensive and bulkier when compared with smartphones, which further hinders the growth of the market. Apart from this, consumers are no longer keen to invest in new models of digital cameras. This can be accredited to the lack of technological innovations by manufacturers and the emergence of the affordable rental system in the market. On account of these restraints, the global digital camera market size is expected to reach US$ 7.9 Billion by 2024.
Insights on Market Segmentation:
Market Breakup by Type:
1. Interchangeable Lens Cameras
2. Built-in Lens Cameras
On the basis of the type, the digital camera market has been divided into built-in lens camera, interchangeable lens camera, compact digital cameras, bridge cameras, digital single lens reflex (SLR) cameras, digital rangefinders, line-scan camera systems, integration camera and water-resistant camera. Amongst these, interchangeable lens cameras are the most preferred product type.
Regional Insights:
1. Asia Pacific
2. Europe
3. North America
4. Middle East and Africa
5. Latin America
On the geographical front, Asia-Pacific exhibits a clear dominance in the market. Other major regions include Europe, North America, Middle East and Africa, and North America.
Imports and Exports
1. Imports by Major Countries
2. Exports by Major Countries
On analyzing the import and export scenario, the United States and China represent the leading importer and exporter of digital cameras, respectively.
Competitive Landscape:
The competitive landscape of the market has also been analyzed in the report with the detailed profiles of the key player operating in the market. At present, Canon Inc., Nikon Corporation, Sony Corporation, Panasonic Corporation and Olympus Corporation are the leading digital camera manufacturers.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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May 21, 2019: The global Digital Still Camera market was valued at $XX million in 2017, and MAResearch analysts predict the global market size will reach $XX million by the end of 2028, growing at a CAGR of XX% between 2017 and 2028.
This report provides detailed historical analysis of global market for Digital Still Camera from 2013-2018, and provides extensive market forecasts from 2018-2028 by region/country and subsectors. It covers the sales volume, price, revenue, gross margin, historical growth and future perspectives in the Digital Still Camera market.
Leading players of Digital Still Camera including:
Download sample Copy of This Report at: https://www.radiantinsights.com/research/2013-2028-report-on-global-digital-still-camera-market/request-sample
Market split by Type, can be divided into:
Market split by Application, can be divided into:
Market split by Sales Channel, can be divided into:
Browse Complete Summary Click Here @ https://www.radiantinsights.com/research/2013-2028-report-on-global-digital-still-camera-market
Market segment by Region/Country including:
About Radiant Insights
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.
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