Digital Camera Market size to decline by USD 284.66 million | Technavio

NEW YORK, Jan. 24, 2022 /PRNewswire/ -- The digital camera market will decline by USD 284.66 million. However, the market's growth is anticipated to accelerate at a CAGR of (0.51)% from 2020 to 2025. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.

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

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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. The convenience of using digital camera will offer immense growth opportunities. With the growing technological innovations, differentiated products for different purposes are also playing a significant role in driving the growth of the market. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Digital Camera Market 2021-2025: Segmentation

The digital camera market is segmented as below:

  • Type
    • Digital single-lens reflex (DSLR) cameras
    • Compact digital cameras
    • Bridge compact digital cameras
    • Mirrorless interchangeable lens cameras
  • Geographic
    • Europe
    • North America
    • APAC
    • South America
    • MEA

APAC will contribute to 33% of the market share during the forecast period. The sales in the market are fueled by the presence of a large population and the growing disposable per capita income. Additionally, the region also offers inexpensive products with basic features. The market has witnessed high demand from several countries such as Japan, Indonesia, India, and China in the past few years.

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Digital Camera Market 2021-2025: Vendor Analysis and Scope

To help businesses improve their market position, the digital camera market report provides a detailed analysis of around 25 vendors operating in the market. Some of these vendors include 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. But the market is dominated by the top five global players: Canon, Nikon Corporation, Panasonic, Samsung Electronics, and Sony Corporation.

The established players face intense competition because of the product portfolio, product differentiation, and pricing of the products. Hence, vendors are continuously trying to expand their product portfolios by incorporating innovative features into their products.

Digital Camera Market 2021-2025: Driver

The rise in the usage of social media platforms is one of the key drivers for the global digital camera market growth during the forecast period. Users are joining these social sites to stay connected with family, friends, and people of different cultures, races, and traditions. As these social networking sites are powerful platforms that are used by people to build social relations. In addition, the number of active users on social networking sites is increasing consistently. Thus, the increase in the use of social media sites is estimated to influence the demand for digital cameras as well as smartphones in the coming years.

The report also covers the following areas:

  • Digital Camera Market size
  • Digital Camera Market trends
  • Digital Camera Market industry analysis

The increasing number of new product launches is likely to emerge as one of the primary drivers of the market. However, the high price of digital cameras and the availability of cheaper substitutes may threaten the growth of the market.

Backed with competitive intelligence and benchmarking, our research reports on the digital camera market are designed to provide entry support, customer profile & M&As as well as go-to-market strategy support.

Digital Camera Market 2021-2025: Key Highlights

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will assist digital camera market growth during the next five years
  • Estimation of the digital camera market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the digital camera market
  • 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

Related Reports :

Global Mirrorless Camera Market- The mirrorless camera market is segmented by distribution channel (offline and online) and geography (APAC, Europe, North America, South America, and MEA). Download FREE Sample Report

Global High Speed Camera Market- The high speed camera market is segmented by application (automotive and transportation, consumer electronics, entertainment and media, aerospace and defense, and others) and geography (North America, Europe, APAC, South America, and the Middle East and Africa). Download FREE Sample Report

Digital Camera Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of (0.51)%

Market growth 2021-2025 (decline)

$ 284.66 million

Market structure

Fragmented

YoY growth (%)

(0.8)

Regional analysis

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

Performing market contribution

APAC at 33%

Key consumer countries

US, China, Germany, Japan, and UK

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

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.

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.

Table of Contents:

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market outlook: Forecast for 2020 - 2025

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Product

  • Market segments
  • Comparison by Type
  • Digital single-lens reflex (DSLR) cameras - Market size and forecast 2020-2025
  • Compact digital cameras - Market size and forecast 2020-2025
  • Bridge compact digital cameras - Market size and forecast 2020-2025
  • Mirrorless interchangeable lens cameras - Market size and forecast 2020-2025
  • Market opportunity by Product

Customer Landscape

  • Overview

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • Europe - Market size and forecast 2020-2025
  • North America - Market size and forecast 2020-2025
  • APAC - Market size and forecast 2020-2025
  • South America - Market size and forecast 2020-2025
  • MEA - Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Vendor landscape
  • Landscape disruption
  • Competitive Scenario

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • 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.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

Technavio's in-depth market research reports now include a thorough analysis of the COVID-19 impact on various markets to help industry leaders navigate their business through the new normal. Download FREE Sample Report 

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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