Global Dual Lens Camera Smartphone Market by Price and Geography - Forecast and Analysis 2021-2025

  • Published: Jul 2021
  • Pages: 120
  • SKU: IRTNTR44195
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The dual lens camera smartphone market has the potential to grow by 462.03 million units during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 15.42%.

This dual lens camera smartphone 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 price (premium range, medium range, and low range) and geography (APAC, North America, Europe, South America, and MEA). The dual lens camera smartphone market report also offers information on several market vendors, including Apple Inc., ASUSTeK Computer Inc., HTC Corp., Huawei Investment and Holding Co. Ltd., Lenovo Group Ltd., LG Electronics Inc., Nokia Corp., Panasonic Corp., Samsung Electronics Co. Ltd., and Xiaomi Corp. among others.

What will the Dual Lens Camera Smartphone Market Size be in 2021?

Dual-Lens-Camera-Smartphone-Market-Market-Size-2020-2025

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Dual Lens Camera Smartphone Market: Key Drivers and Trends

Based on our research output, there has been a neutral impact on the market growth during and post COVID-19 era. The growing popularity of social networking applications is notably driving the dual lens camera smartphone market growth, although factors such as high power consumption lowers battery life and may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the dual lens camera smartphone market industry get your FREE report sample now.

This dual lens camera smartphone 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 Dual Lens Camera Smartphone Market Vendors?

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

 

  • Apple Inc.
  • ASUSTeK Computer Inc.
  • HTC Corp.
  • Huawei Investment and Holding Co. Ltd.
  • Lenovo Group Ltd.
  • LG Electronics Inc.
  • Nokia Corp.
  • Panasonic Corp.
  • Samsung Electronics Co. Ltd.
  • Xiaomi Corp.

 

The dual lens camera smartphone 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 dual lens camera smartphone 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 Dual Lens Camera Smartphone Market?

Dual-Lens-Camera-Smartphone-Market-Market-Share-by-Region-2020-2025

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58% of the market’s growth will originate from APAC during the forecast period. China and India are the key markets for dual lens camera smartphone market in APAC. Market growth in this region will be faster than the growth of the market in other regions.

The growing demand for smartphones in the region will facilitate the dual lens camera smartphone market growth in APAC over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Price Segments in the Dual Lens Camera Smartphone Market?

Dual-Lens-Camera-Smartphone-Market-Market-Share-by-Price-2020-2025

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The dual lens camera smartphone market share growth by the premium range segment will be significant during the forecast period. Premium-range dual-lens smartphones are integrated with high-quality, dual-lens cameras that offer high-quality images. They include features such as optical image stabilization (OIS) and larger sensors for a good photography experience. The photographic capabilities of smartphones have become a unique selling proposition (USP) for vendors. For instance, in October 2020, Apple launched its iPhone 12 and iPhone 12 mini with the dual-lens feature. The iPhone 12 and iPhone 12 mini come with two cameras each. While the primary camera still offers 12 megapixels like prior iPhones, the lens was upgraded to 7 elements. Additionally, a larger f/1.6 aperture that gives 27% more light will hit the sensor as compared to the previous-generation lens. Furthermore, the new products include a second 12-megapixel f/2.4 ultrawide camera with a 120-degree field of view, a 5-element lens, and a 13 mm-equivalent focal length. Thus, the burgeoning demand for more clear and natural images would further propel the demand for dual lens camera smartphones during the forecast period.

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 dual lens camera smartphone market size.

 

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What are the Key Factors Covered in this Dual Lens Camera Smartphone Market Report?

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

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Dual Lens Camera Smartphone Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 15.42%

Market growth 2021-2025

462.03 mn units

Market structure

Fragmented

YoY growth (%)

11.21

Regional analysis

APAC, North America, Europe, South America, and MEA

Performing market contribution

APAC at 58%

Key consumer countries

China, India, US, Brazil, and Russian Federation

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Apple Inc., ASUSTeK Computer Inc., HTC Corp., Huawei Investment and Holding Co. Ltd., Lenovo Group Ltd., LG Electronics Inc., Nokia Corp., Panasonic Corp., Samsung Electronics Co. Ltd., and Xiaomi Corp.

Market Dynamics

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

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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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.

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
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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
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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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The dual lens camera smartphone market growth will increase by $1242.04 million units during 2019-2024.
The dual lens camera smartphone market is expected to grow at a CAGR of 19.15% during 2019-2024.
Technavio has segmented the dual lens camera smartphone market by price (Premium range, Medium range, and Low range) and geographic (APAC, North America, Europe, South America, and MEA).
Apple Inc., ASUSTeK Computer Inc., HTC Corp., Huawei Investment & Holding Co. Ltd., Lenovo Group Ltd., LG Electronics Inc., Nokia Corp., Panasonic Corp., Samsung Electronics Co. Ltd., Xiaomi Corp. are a few of the key vendors in the dual lens camera smartphone market.
APAC will register the highest growth rate of 56.99% among the other regions. Therefore, the dual lens camera smartphone market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the dual lens camera smartphone market growth are:
  • Growing popularity of social networking applications
  • Growing popularity of triple camera systems
The dual lens camera smartphone market vendors should focus on grabbing business opportunities from the premium range segment as it accounted for the largest market share in the base year.
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