Digital Camera Market Size to Reach USD 28.71 Billion by 2025: Hexa Research

 Digital Camera Market Size to Reach USD 28.71 Billion by 2025: Hexa Research

  PR Newswire

  FELTON, California, July 19, 2017

FELTON, California, July 19, 2017 /PRNewswire/ --

The global digital camera market is expected to reach USD 28.71 billion by
2025, influenced by a range of radically evolving trends regarding picture
quality, lenses, zooming, photo accessories, and other features. An
introduction of digital action camera with 4K and improved 360° video
capturing are expected to boost the global market. For instance, in 2016,
Nikon launched 4K, 360-degree action camera to enter in action segment market.
It is wearable action digicam, capable of filming a 306-degree video with the
4K high definition.

Reducing prices of digital cameras has also had a positive influence on the
purchasing decisions of consumers. Availability of a range of cameras suitable
for enthusiasts and professionals is expected to drive the market growth. The
global market is presumed to grow at a revenue CAGR of 3.3% over the forecast

Asia Pacific dominated the global market in 2016, and the trend is expected to
continue over the forecast period on account of an increasing consumer base,
particularly in India. Rising disposable income of consumers, especially in
India, and Thailand along with growing number of individuals that want to
pursue their hobby of photography is expected to drive the sales of digital
cameras and related accessories.

The global tourism market size was estimated over USD 7.5 trillion in 2016 and
is projected to increase at a CAGR of over 3% over the next eight years. As
consumers prefer digital cameras over smartphones while traveling and during
holidays owing to its ability to provide high pixel photos, the growth of the
tourism industry is expected to augment the demand for digital devices over
the projected period.

Browse full research report with TOC on " Digital Camera Market Size and
Forecast, By Product (Built-In Lens Camera, Interchangeable Lens Camera
(Single Lens Reflex, Non-Reflex)), By End-User (Professional, Personal) and
Trend Analysis, 2014 - 2025 " at:

In 2016, personal user segment dominates the market, accounting 54.4% of
market share in terms of volume. Cameras such as compact ones are mostly
utilized for personal use. An increase in tourism is likely to be a key factor
driving the personal use segment.

Manufacturers have been focusing on adding improved features for connectivity
to gain market share. For instance, In February 2017, Kodak launched a winning
photos application, which will help photographers to showcase their pictures.
In February 2016, GoPro acquired Vemory Inc. to enhance its video editing

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Hexa Research has segmented the global digital camera market on the basis of
products, end-user and region:  

Segmentation by product, 2014 - 2025  

• Built-in lens camera

• Interchangeable lens camera - Single Lens Reflex (SLR) - Non-reflex

• Others

Segmentation by end-user, 2014 - 2025  

• Personal

• Professional

Segmentation by region, 2014 - 2025  

• North America -  U.S. - Canada

• Europe - Germany - UK - Russia - France - Italy - Spain

• Asia Pacific - China - Japan - India - Thailand

• Central and South America - Brazil

• Middle East and Africa

Key players analyzed:  

• Sony Corporation

• Canon Inc.

• Nikon Corporation

• Fujifilm Holding Corporation

• Eastman Kodak Company

• Toshiba Corporation

• Olympus Corporation

• Panasonic Corporation

• Leica Camera AG

• GoPro Inc.

About Hexa Research  

Hexa Research is a market research and consulting organization, offering
industry reports, custom research and consulting services to a host of key
industries across the globe. We offer comprehensive business intelligence in
the form of industry reports which help our clients obtain clarity about their
business environment and enable them to undertake strategic growth

Contact: Michelle T. Corporate Sales Specialist Hexa Research Phone:
+1-415-349-0058 Toll Free: +1-800-489-3075 Email:

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