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Digital Camera Market report offers one of the best solutions to know the trends and opportunities in Digital Camera Market industry. The industry report contains top to bottom analysis and estimation of various market related factors that are incredibly crucial for better decision making. Furthermore, this business research report takes into consideration several industry verticals such as company profile, contact details of manufacturer, product specifications, geographical scope, production value, market structures, recent developments, revenue analysis, market shares and possible sales volume of the company. Thus, Digital Camera Market research report makes businesses to focus on the more important aspects of the market. The market insights and analysis covered in the consistent Digital Camera Market research report are based upon SWOT analysis on which businesses can believe assertively. This market report gives information about historic data, present market trends, environment, technological innovation, forthcoming technologies and the technical progress in the related industry.
Data Bridge Market Research analyses that the digital camera market was valued at USD 7.25 billion in 2021 and is expected to reach the value of USD 12.09 billion by 2029, at a CAGR of 6.60% during the forecast period.
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Digital cameras, also known as digicams, are used to capture digital images and videos that can be viewed through the viewfinder or on a live preview screen. When compared to analog cameras, digital cameras have built-in memory card slots that allow for the storage of hundreds of images, depending on the storage capacity. These images were captured digitally and can also be deleted directly from the camera. Burst shots, auto-focus, shutter speed, digital zoom, best-shot selector, changing sensor sensitivity (ISO), and automatic white balance are all available on digital cameras (AWB).
Some of the major players operating in the digital camera market are:
- Canon U.S.A. Inc. (U.S.)
- Nikon Corporation (Japan)
- Sony Corporation (Japan)
- OLYMPUS CORPORATION (U.S.)
- FUJIFILM Corporation (Japan)
- SAMSUNG (South Korea)
- Seiko Epson Corporation (Japan)
- Panasonic Corporation (Japan)
- CASIO COMPUTER CO., LTD. (Japan)
- RICOH IMAGING COMPANY, LTD. (Japan)
- HP Development Company, L.P. (U.S.)
- ZEISS International (Germany)
- Leica Camera AG (Germany)
- SIGMA CORPORATION (U.S.)
- Toshiba Teli Corporation (Japan)
Drivers
- High adoption of digital cameras in various media publications
The increasing use of digital cameras in sports media is the primary driver of the market. The stadium’s high-speed and digital camera structure lets viewers see slow-motion repeats in critical game conditions and improves accuracy while watching. Similarly, high-resolution digital cameras aid in the capture of sharp and crisp images and videos in wildlife, landscape, architecture, and studio photography. The emphasis on action photography has increased demand for small digital cameras such as GoPro.
- Adoption of camera as a profession and mainstream career
The demand for digital cameras is increasing as the popularity of photography grows. Unlike traditional analogue cameras, digital cameras capture and store photos and videos digitally rather than printing them to film. As consumers become more interested in photographing their surroundings, the demand for compact, lightweight, and high-quality cameras grows.
Opportunities
- Product innovations
Manufacturers of digital cameras are focusing on creating lightweight, compact, and high-quality digital cameras that can provide better imaging than a flagship smartphone and effectively meet the needs of both amateur and professional photographers.
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The digital camera market is segmented on the basis of product type, distribution channel, digital sensor type, component and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product Type
- Digital Single-Lens Reflex (DSLR) Cameras
- Compact Digital Cameras
- Bridge Compact Digital Cameras
- Mirrorless Interchangeable Lens Cameras
Digital sensor type
- CCD Sensor
- CMOS Sensor
- FOVEON X3 Sensor
- Live MOS Sensor
Component
- Lenses
- Sensors
- LCD Screen
- Memory Card
- Others
Distribution channel
- Online
- E-commerce
- Websites
- Company owned websites
- Offline
- Retailers
- Large format stores
- Specialty stores
End User
- Personal
- Profession
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