Global Digital Camera Market 2024-2028
The digital camera market is forecasted to grow by USD 1.93 bn during 2023-2028, accelerating at a CAGR of 4.48% during the forecast period. The report on the digital camera market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by availability of various price ranges in digital cameras, growing social media use leading to production of high-quality content, and rising adoption of digital cameras by professional photographers.
Technavio's digital camera market is segmented as below:
By Type
- Digital single-lens reflex cameras
- Compact digital cameras
- Mirrorless interchangeable lens cameras
- Bridge compact digital cameras
By Distribution Channel
By Geographical Landscape
- APAC
- North America
- Europe
- Middle East and Africa
- South America
This study identifies the increase in use of action cameras as one of the prime reasons driving the digital camera market growth during the next few years. Also, integration of 8k resolution in digital cameras and introduction of 360-degree digital cameras will lead to sizable demand in the market.
The report on the digital camera market covers the following areas:
- Digital camera market sizing
- Digital camera market forecast
- Digital camera market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading digital camera market vendors that include Blackmagic Design Pty. Ltd., Canon Inc., Eastman Kodak Co., Elite Brands Inc., FUJIFILM Corp., GoPro Inc., HP Inc., JMM Lee Properties LLC, KYOCERA Corp., Leica Camera AG, Nikon Corp., OM Digital Solutions Corp., Panasonic Holdings Corp., Polaroid International B.V., Qisda Corp., RED Digital Cinema LLC, Ricoh Co. Ltd., Samsung Electronics Co. Ltd., Sharp Corp., SIGMA Corp., Sony Group Corp., and Victor Hasselblad AB. Also, the digital camera market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.