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Digital Camera Market by Type and Geography - Forecast and Analysis 2022-2026

  • Published: May 2022
  • Pages: 142
  • SKU: IRTNTR70553
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The predicted growth for the digital camera market share from 2021 to 2026 is USD 1.03 billion at a CAGR of 1.89%.

This digital camera market forecast report extensively covers segmentations by:

  • Type - DSLR cameras, compact digital cameras, mirrorless interchangeable lens cameras, and bridge compact digital cameras
  • Geography - APAC, North America, Europe, Middle East and Africa, and South America

The digital camera market report offers information on several market vendors, including BenQ Corp., Canon Inc., Eastman Kodak Co., Elite Brands Inc., FUJIFILM Holdings Corp., GoPro Inc., HP Inc., JMM Lee Properties LLC, Kyocera Corp., Leica Camera AG, OM Digital Solutions Corp., Panasonic Corp., Polaroid International B.V., Ricoh Co. Ltd., Samsung Electronics Co. Ltd., Sharp Corp., SIGMA Corp., Sony Group Corp., Victor Hasselblad AB, and Nikon Corp. among others. Furthermore, our analysts have provided valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches for the coming years.

What will the Digital Camera Market Size be During the Forecast Period?

Digital Camera Market Size

Download the Free Report Sample to Unlock the Digital Camera Market Size for the Forecast Period and Other Important Statistics

"Emerging radical trends backed by creative technological breakthroughs and powerful advancements, such as HD and touch screens, are intimately related to the framework of the digital camera industry." 

Digital Camera Market: Key Drivers, Trends, and Challenges

The availability in various price ranges is notably driving the digital camera market growth, although factors such as the proliferation of smartphones may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the digital camera industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Digital Camera Market Driver

  • The availability in various price ranges is one of the key drivers supporting the digital camera market growth. 
  • Digital cameras are available in different price ranges depending on their features.
  • For instance, more than 15% of digital cameras are priced under $50. These cameras provide basic digital camera features such as digital video resolutions of 1280 x 720 HD, waterproof capabilities, and others.
  • Around 20% of digital cameras are found in the price range of $50-$200. More than 60% of the digital cameras are high-end digital cameras, which provide features such as +200x zoom capabilities, video recording with autofocus, and others and are priced above $200. These varied price ranges allow consumers to choose the digital cameras with the desired features as per their budget. This, in turn, will drive the digital camera market growth during the forecast period.

Key Digital Camera Market Trend

  • An increase in the use of action cameras is one of the key digital camera market trends fueling market growth.
  • The popularity of social networking sites, growing adventure tourism, and advances in technologies to generate HD quality videos have increased the demand for action cameras.
  • The advanced features of action cameras enable the photographers to capture high-speed action in stills and videos.
  • The cameras also have a long battery backup and waterproof features and are easy to use in rough conditions.
  • Action cameras assist in monitoring and improving the performance of professional athletes. Thus, the increase in the use of action cameras on a global scale has increased their sales worldwide.

Key Digital Camera Market Challenge

  • The proliferation of smartphones is one of the factors hindering the digital camera market growth.
  • Smartphones are popular devices nowadays and provide several high-end features that put them in direct competition with other electronic gadgets such as calculators, digital cameras, and others.
  • The high-quality small cameras in cellphones are internet-connected, making it exceedingly simple for customers to share their images quickly on social media.
  • For instance, Samsung, worked on a stunning 144MP photo sensor utilizing the 14nm FinFET technology, following up on a 108MP camera sensor. The Galaxy S11, which was launched in February 2020, has Samsung 108MP camera sensor.
  • The penetration of smartphones has been increasing as smartphones are more convenient than digital cameras. Thus, due to the growing sales of high-end smartphones, the sales of digital cameras are expected to decline during the forecast period.

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. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global digital camera market as a part of the global consumer electronics market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the digital camera market during the forecast period.

Market Overview

The parent market, the global consumer electronics market, covers products and companies engaged in the manufacturing/marketing of consumer robotics, home audio and video products, televisions, digital cameras, and related products. The market excludes mobile phones, PCs, and peripherals, which have been classified under the technology hardware, storage, and peripherals market. The market also excludes video games, gaming consoles, and gaming peripherals, which have been classified under the interactive home entertainment market.

Who are the Major Digital Camera Market Vendors?

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

 

  • BenQ Corp.
  • Canon Inc.
  • Eastman Kodak Co.
  • Elite Brands Inc.
  • FUJIFILM Holdings Corp.
  • GoPro Inc.
  • HP Inc.
  • JMM Lee Properties LLC
  • Kyocera Corp.
  • Leica Camera AG
  • OM Digital Solutions Corp.
  • Panasonic Corp.
  • Polaroid International B.V.
  • Ricoh Co. Ltd.
  • Samsung Electronics Co. Ltd.
  • Sharp Corp.
  • SIGMA Corp.
  • Sony Group Corp.
  • Victor Hasselblad AB
  • Nikon Corp.

 

This statistical study of the digital camera market encompasses successful business strategies deployed by the key vendors. The digital camera market is fragmented and the vendors are deploying growth strategies such as product portfolio, product differentiation, and pricing of the products to compete in the market.

Product Insights and News

  • Canon Inc. - The office segment offers office MFDs, laser MFPs, laser printers, digital continuous feed presses, digital sheet-fed presses, wide-format printers, and document solutions. 
  • Canon Inc. - The company offers digital cameras under the brand name EOS in a range of performance capacities suitable for beginners, enthusiasts and professionals. 

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.

The digital camera market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Digital Camera Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the digital camera market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Digital Camera Market?

Digital Camera Market Market segmentation by region

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60% of the market's growth will originate from APAC during the forecast period. US, China, and Japan are the key markets for the digital camera market in APAC. Market growth in this region will be faster than the growth of the market in other regions.

The growing awareness among customers will facilitate the digital camera market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The COVID-19 outbreak caused a significant economic loss in the region in 2021. However, the market in APAC started witnessing significant growth after 2021, as social distancing measures implemented by the local governments led to a shift of most business activities to the online medium. This enabled end-users to purchase digital cameras through online channels in the region. These factors will significantly drive the growth of the digital camera market in APAC during the forecast period.

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

Digital Camera Market Segmentation

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The digital camera market share growth by the DSLR cameras segment will be significant during the forecast period. DSLR cameras are high-end, versatile cameras that are available at a price of around $300 on the market. These cameras use a single-lens reflex method combined with a digital image sensor, which reflects the light passing through the lens using a separate optical viewfinder. They come with large image sensors to generate better quality images and are bigger in size as compared with compact consumer cameras. Features such as automatic mode, manual mode, aperture priority, shutter priority, and on-program mode are very popular among end-users. These features of DSLR cameras will drive the digital camera market growth during the forecast period.

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

 

Digital Camera Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Decelerate at a CAGR of 1.89%

Market growth 2022-2026

$ 1.03 billion

Market structure

Fragmented

YoY growth (%)

1.08

Regional analysis

APAC, North America, Europe, Middle East and Africa, and South America

Performing market contribution

APAC at 60%

Key consumer countries

US, China, Japan, Germany, and UK

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

BenQ Corp., Canon Inc., Eastman Kodak Co., Elite Brands Inc., FUJIFILM Holdings Corp., GoPro Inc., HP Inc., JMM Lee Properties LLC, Kyocera Corp., Leica Camera AG, OM Digital Solutions Corp., Panasonic Corp., Polaroid International B.V., Ricoh Co. Ltd., Samsung Electronics Co. Ltd., Sharp Corp., SIGMA Corp., Sony Group Corp., Victor Hasselblad AB, and Nikon Corp.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

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

  • CAGR of the market during the forecast period 2022-2026
  • 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, Middle East and Africa, 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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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Type

    • 5.1 Market segments
      • Exhibit 24: Chart on Type - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on Type - Market share 2021-2026 (%)
    • 5.2 Comparison by Type
      • Exhibit 26: Chart on Comparison by Type
      • Exhibit 27: Data Table on Comparison by Type
    • 5.3 DSLR cameras - Market size and forecast 2021-2026
      • Exhibit 28: Chart on DSLR cameras - Market size and forecast 2021-2026 ($ million)
      • Exhibit 29: Data Table on DSLR cameras - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Chart on DSLR cameras - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on DSLR cameras - Year-over-year growth 2021-2026 (%)
    • 5.4 Compact digital cameras - Market size and forecast 2021-2026
      • Exhibit 32: Chart on Compact digital cameras - Market size and forecast 2021-2026 ($ million)
      • Exhibit 33: Data Table on Compact digital cameras - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Chart on Compact digital cameras - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on Compact digital cameras - Year-over-year growth 2021-2026 (%)
    • 5.5 Mirrorless interchangeable lens cameras - Market size and forecast 2021-2026
      • Exhibit 36: Chart on Mirrorless interchangeable lens cameras - Market size and forecast 2021-2026 ($ million)
      • Exhibit 37: Data Table on Mirrorless interchangeable lens cameras - Market size and forecast 2021-2026 ($ million)
      • Exhibit 38: Chart on Mirrorless interchangeable lens cameras - Year-over-year growth 2021-2026 (%)
      • Exhibit 39: Data Table on Mirrorless interchangeable lens cameras - Year-over-year growth 2021-2026 (%)
    • 5.6 Bridge compact digital cameras - Market size and forecast 2021-2026
      • Exhibit 40: Chart on Bridge compact digital cameras - Market size and forecast 2021-2026 ($ million)
      • Exhibit 41: Data Table on Bridge compact digital cameras - Market size and forecast 2021-2026 ($ million)
      • Exhibit 42: Chart on Bridge compact digital cameras - Year-over-year growth 2021-2026 (%)
      • Exhibit 43: Data Table on Bridge compact digital cameras - Year-over-year growth 2021-2026 (%)
    • 5.7 Market opportunity by Type
      • Exhibit 44: Market opportunity by Type ($ million)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 45: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 46: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 47: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 48: Chart on Geographic comparison
      • Exhibit 49: Data Table on Geographic comparison
    • 7.3 APAC - Market size and forecast 2021-2026
      • Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 7.4 North America - Market size and forecast 2021-2026
      • Exhibit 54: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 55: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 56: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.5 Europe - Market size and forecast 2021-2026
      • Exhibit 58: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 59: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 60: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.6 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 62: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 63: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 64: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 7.7 South America - Market size and forecast 2021-2026
      • Exhibit 66: Chart on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 67: Data Table on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 68: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 7.8 China - Market size and forecast 2021-2026
      • Exhibit 70: Chart on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 71: Data Table on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 72: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 7.9 US - Market size and forecast 2021-2026
      • Exhibit 74: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 75: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 76: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.10 Japan - Market size and forecast 2021-2026
      • Exhibit 78: Chart on Japan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 79: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 80: Chart on Japan - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on Japan - Year-over-year growth 2021-2026 (%)
    • 7.11 Germany - Market size and forecast 2021-2026
      • Exhibit 82: Chart on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 83: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 84: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 85: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 7.12 UK - Market size and forecast 2021-2026
      • Exhibit 86: Chart on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 87: Data Table on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 88: Chart on UK - Year-over-year growth 2021-2026 (%)
      • Exhibit 89: Data Table on UK - Year-over-year growth 2021-2026 (%)
    • 7.13 Market opportunity by geography
      • Exhibit 90: Market opportunity by geography ($ million)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 91: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 92: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 93: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 94: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 95: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 96: Matrix on vendor position and classification
            • 10.3 Canon Inc.
              • Exhibit 97: Canon Inc. - Overview
              • Exhibit 98: Canon Inc. - Business segments
              • Exhibit 99: Canon Inc. - Key news
              • Exhibit 100: Canon Inc. - Key offerings
              • Exhibit 101: Canon Inc. - Segment focus
            • 10.4 Eastman Kodak Co.
              • Exhibit 102: Eastman Kodak Co. - Overview
              • Exhibit 103: Eastman Kodak Co. - Business segments
              • Exhibit 104: Eastman Kodak Co. - Key news
              • Exhibit 105: Eastman Kodak Co. - Key offerings
              • Exhibit 106: Eastman Kodak Co. - Segment focus
            • 10.5 FUJIFILM Holdings Corp.
              • Exhibit 107: FUJIFILM Holdings Corp. - Overview
              • Exhibit 108: FUJIFILM Holdings Corp. - Business segments
              • Exhibit 109: FUJIFILM Holdings Corp. - Key news
              • Exhibit 110: FUJIFILM Holdings Corp. - Key offerings
              • Exhibit 111: FUJIFILM Holdings Corp. - Segment focus
            • 10.6 Nikon Corp.
              • Exhibit 112: Nikon Corp. - Overview
              • Exhibit 113: Nikon Corp. - Business segments
              • Exhibit 114: Nikon Corp. - Key news
              • Exhibit 115: Nikon Corp. - Key offerings
              • Exhibit 116: Nikon Corp. - Segment focus
            • 10.7 OM Digital Solutions Corp.
              • Exhibit 117: OM Digital Solutions Corp. - Overview
              • Exhibit 118: OM Digital Solutions Corp. - Product / Service
              • Exhibit 119: OM Digital Solutions Corp. - Key offerings
            • 10.8 Panasonic Corp.
              • Exhibit 120: Panasonic Corp. - Overview
              • Exhibit 121: Panasonic Corp. - Business segments
              • Exhibit 122: Panasonic Corp. - Key offerings
              • Exhibit 123: Panasonic Corp. - Segment focus
            • 10.9 Polaroid International B.V.
              • Exhibit 124: Polaroid International B.V. - Overview
              • Exhibit 125: Polaroid International B.V. - Product / Service
              • Exhibit 126: Polaroid International B.V. - Key offerings
            • 10.10 Ricoh Co. Ltd.
              • Exhibit 127: Ricoh Co. Ltd. - Overview
              • Exhibit 128: Ricoh Co. Ltd. - Business segments
              • Exhibit 129: Ricoh Co. Ltd. - Key news
              • Exhibit 130: Ricoh Co. Ltd. - Key offerings
              • Exhibit 131: Ricoh Co. Ltd. - Segment focus
            • 10.11 Samsung Electronics Co. Ltd.
              • Exhibit 132: Samsung Electronics Co. Ltd. - Overview
              • Exhibit 133: Samsung Electronics Co. Ltd. - Business segments
              • Exhibit 134: Samsung Electronics Co. Ltd. - Key news
              • Exhibit 135: Samsung Electronics Co. Ltd. - Key offerings
              • Exhibit 136: Samsung Electronics Co. Ltd. - Segment focus
            • 10.12 Sony Group Corp.
              • Exhibit 137: Sony Group Corp. - Overview
              • Exhibit 138: Sony Group Corp. - Business segments
              • Exhibit 139: Sony Group Corp. - Key offerings
              • Exhibit 140: Sony Group Corp. - Segment focus

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 141: Inclusions checklist
                • Exhibit 142: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 143: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 144: Research methodology
                • Exhibit 145: Validation techniques employed for market sizing
                • Exhibit 146: Information sources
              • 11.5 List of abbreviations
                • Exhibit 147: List of abbreviations

              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.

              TechnavioINFORMATION 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
              Technavio

              TechnavioDATA 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
              Technavio

              TechnavioREPORT 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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              Digital Camera market growth will increase by $1031.97 million during 2022-2026.
              The digital camera market is expected to grow at a CAGR of 1.89% during 2022-2026.
              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, Middle East and Africa, South America, APAC, North America, Europe, MEA, and South America).
              BenQ Corp., Canon Inc., Eastman Kodak Co., Elite Brands Inc., FUJIFILM Holdings Corp., GoPro Inc., HP Inc., JMM Lee Properties LLC, Kyocera Corp., Leica Camera AG, OM Digital Solutions Corp., Panasonic Corp., Polaroid International B.V., Ricoh Co. Ltd., Samsung Electronics Co. Ltd., Sharp Corp., SIGMA Corp., Sony Group Corp., Victor Hasselblad AB, Nikon Corp. are a few of the key vendors in the digital camera market.
              APAC will register the highest growth rate of 60.22% among the other regions. Therefore, the digital camera market in APAC 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
              • 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.
              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?
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