Digital Camera Market by Type and Geography - Forecast and Analysis 2021-2025

  • Published: Apr 2021
  • Pages: 120
  • SKU: IRTNTR70553

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The digital camera market growth is expected to decline by USD 2.60 billion during 2021-2025, and the market’s growth momentum will decelerate at a CAGR of -14%.

This digital camera market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by type (digital single-lens reflex (DSLR) cameras, compact digital cameras, bridge compact digital cameras, and mirrorless interchangeable lens cameras) and geography (APAC, North America, Europe, MEA, and South America). The digital camera market report also offers information on several market vendors, including Canon Inc., Eastman Kodak Co., FUJIFILM Holdings Corp., Nikon Corp., OM Digital Solutions Corp., Panasonic Corp., Polaroid Film B.V., Ricoh Co. Ltd., Samsung Electronics Co. Ltd., and Sony Corp. among others.

What will the Digital Camera Market Size be in 2021?

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Digital Camera Market: Key Drivers and Trends

The growing social media use is notably driving the digital camera market growth, although factors such as the proliferation of smartphones may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the digital camera industry get your FREE report sample now.

The number of active social media users is rapidly increasing owing to its cutting-edge features that allow users to stay connected and updated with their family and friends. People use these social platforms to post their pictures, showcase interests, and talents with people with similar interests. The increased use of social media sites will influence the demand for consumer electronics such as smartphones and digital cameras. This market research analysis identifies the growing social media use as one of the primary factors for the digital camera market growth.

This digital camera market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major Digital Camera Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Canon Inc.
  • Eastman Kodak Co.
  • FUJIFILM Holdings Corp.
  • Nikon Corp.
  • OM Digital Solutions Corp.
  • Panasonic Corp.
  • Polaroid Film B.V.
  • Ricoh Co. Ltd.
  • Samsung Electronics Co. Ltd.
  • Sony Corp.

 

The digital camera market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the digital camera market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Digital Camera Market?

Digital-Camera-Market-Market-Share-by-Region-2020-2025

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3% of the market’s growth will originate from South America during the forecast period. Market growth in this region will be slower than the growth of the market in MEA and APAC. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Type Segments in the Digital Camera Market?

Digital-Camera-Market-Market-Share-by-Type-2020-2025

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DSLR cameras are high-end and versatile cameras that generate high-quality images. They are equipped with a variety of features such as automatic mode, manual mode, aperture priority, shutter priority, and on-program mode, which influences their popularity among end-users.

Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the digital camera market size.

 

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What are the Key Factors Covered in this Digital Camera Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive digital camera market growth during the next five years
  • Precise estimation of the digital camera market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the digital camera industry across APAC, North America, Europe, MEA, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of digital camera market vendors

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The digital camera market growth will increase by $-2601.45 million during 2020-2025.
The digital camera market is expected to grow at a CAGR of -14.06% during 2020-2025.
Technavio has segmented the digital camera market by type (Digital single-lens reflex (DSLR) cameras, Compact digital cameras, Bridge compact digital cameras, and Mirrorless interchangeable lens cameras) and geographic (APAC, North America, Europe, MEA, and South America).
Canon Inc., Eastman Kodak Co., FUJIFILM Holdings Corp., Nikon Corp., OM Digital Solutions Corp., Panasonic Corp., Polaroid Film B.V., Ricoh Co. Ltd., Samsung Electronics Co. Ltd., Sony Corp. are a few of the key vendors in the digital camera market.
South America will register the highest growth rate of 3.30% among the other regions. Therefore, the digital camera market in South America is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the digital camera market growth are:
  • Availability in various price ranges
  • The increase in the use of action cameras
The digital camera market vendors should focus on grabbing business opportunities from the digital single-lens reflex (dslr) cameras segment as it accounted for the largest market share in the base year.
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