NEW YORK, June 30, 2023 /PRNewswire/ -- The global digital camera market size is estimated to grow by USD 3,159.05 million from 2022 to 2027, according to Technavio. The market is estimated to grow at a CAGR of 5.55% during the forecast period. APAC is estimated to account for 32% of the global market growth. The presence of a large population and the growing disposable per capita income is a major driving factor for the market growth. APAC also offers inexpensive products with basic features. It is also emerging as one of the fastest-growing markets for digital cameras due to the growing awareness among customers, along with the growing spending capacity of people in this region. Hence, such factors will increase the market growth in this region during the forecast period. For more insights on the historic period (2017 to 2021), and forecast market size (2023 to 2027) - Request a sample report
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Digital Camera Market - Segmentation Assessment
Segment Overview
This digital camera market report extensively covers market segmentation by distribution channel (offline and online), type (digital single-lens reflex cameras, compact digital cameras, mirrorless interchangeable lens cameras, and bridge compact digital cameras), and geography (APAC, North America, Europe, Middle East and Africa, and South America).
- The market share growth by the offline segment will be significant for market growth during the forecast period. This segment includes brick-and-mortar stores, TV, radio, print advertisements, and banners, to create awareness about products and services and to promote brands. This segment of the market tends to be more expensive compared with online marketing because it requires vendors to implement promotional campaigns. But since a large share of the market is still held by the unorganized sector of the market, which does not have Internet access, offline distribution is the only way to reach customers. Hence, such factors will increase segment growth during the forecast period.
Insights on the market contribution of various segments, including country and region wise historic data (2017 to 2021) and forecast market size (2023 to 2027) - Download a Sample Report
Digital Camera Market – Market Dynamics
Key factor driving market growth
The availability of cameras in various price ranges is a significant driver for the growth of the market. Generally, digital cameras are available in different price ranges depending on their features. Also, around 20% of digital cameras are found in the price range of USD 50-USD 200, whereas more than 60% of digital cameras are high-end digital cameras. These provide features such as +200x zoom capabilities, video recording with autofocus, and others, and are priced above USD 200.
For instance, more than 15% of digital cameras are priced under USD 50. Also, they provide basic digital camera features such as digital video resolutions of 1280 x 720 HD, waterproof capabilities, and others. Hence, factors like these will drive the digital camera market growth during the forecast period.
Leading trends influencing the market
An increase in the use of action cameras is an emerging digital camera market trend. Factors such as the popularity of social networking sites, growing adventure tourism, and advances in technologies to generate HD-quality videos drive the demand for action cameras.
Furthermore, advanced features of action cameras enable photographers to capture high-speed action in stills and videos. Hence, the increase in the use of action cameras on a global scale has increased their sales globally during the forecast period.
Major challenges hindering the market growth
The proliferation of smartphones challenges the growth of the digital camera market during the forecast period. Smartphones nowadays provide several high-end features that put them in direct competition with other electronic gadgets such as calculators, digital cameras, and others. Furthermore, the high-quality small cameras in cell phones are internet-connected, which makes it exceedingly simple for customers to share their /images quickly on social media.
For example, Samsung, worked on a stunning 144MP photo sensor utilizing the 14nm FinFET technology, following up on a 108MP camera sensor. Hence, owing to the growing sales of high-end smartphones, the sales of digital cameras are expected to decline during the forecast period.
Insights on Market Drivers, trends, & Challenges, historic period(2017 to 2021), and forecast period(2023 to 2027)- Request a sample report!
What are the key data covered in this Digital Camera Market report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the growth of the digital camera market between 2023 and 2027
- Precise estimation of the size of the digital camera market and its contribution to the market with a focus on the parent market
- Accurate predictions about upcoming trends and changes in consumer behavior
- Growth of the digital camera market across APAC, North America, Europe, Middle East and Africa, and South America
- A thorough analysis of the market's competitive landscape and detailed information about vendors
- Comprehensive analysis of factors that will challenge the growth of digital camera market vendors
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Digital Camera Market Scope |
|
Report Coverage |
Details |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.55% |
Market growth 2023-2027 |
USD 3,159.05 million |
Market structure |
Fragmented |
YoY growth 2022-2023 (%) |
4.67 |
Regional analysis |
APAC, North America, Europe, Middle East and Africa, and South America |
Performing market contribution |
APAC at 32% |
Key countries |
US, China, Japan, Germany, and UK |
Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Key companies profiled |
Canon Inc., Elite Brands Inc., FUJIFILM Corp., GoPro Inc., HP Inc., JMM Lee Properties LLC, KYOCERA corp., Leica Camera AG, Nikon Corp., OM Digital Solutions Corp., Panasonic Holdings Corp., Polaroid International B.V., Qisda Corp., Ricoh Co. Ltd., Samsung Electronics Co. Ltd., Sharp Corp., SIGMA Corp., Sony Group Corp., Victor Hasselblad AB, and Eastman Kodak Co. |
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 |
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
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 Distribution Channel
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2022
- 3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
- 4.1 Global digital camera market 2017 - 2021
- Exhibit 18: Historic Market Size – Data Table on global digital camera market 2017 - 2021 ($ million)
- 4.2 Distribution Channel Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size – Distribution Channel Segment 2017 - 2021 ($ million)
- 4.3 Type Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 ($ million)
- 4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
- 4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
- 5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
- 5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
- 5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
- 5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
- 5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
- 5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Distribution Channel
- 6.1 Market segments
- Exhibit 30: Chart on Distribution Channel - Market share 2022-2027 (%)
- Exhibit 31: Data Table on Distribution Channel - Market share 2022-2027 (%)
- 6.2 Comparison by Distribution Channel
- Exhibit 32: Chart on Comparison by Distribution Channel
- Exhibit 33: Data Table on Comparison by Distribution Channel
- 6.3 Offline - Market size and forecast 2022-2027
- Exhibit 34: Chart on Offline - Market size and forecast 2022-2027 ($ million)
- Exhibit 35: Data Table on Offline - Market size and forecast 2022-2027 ($ million)
- Exhibit 36: Chart on Offline - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on Offline - Year-over-year growth 2022-2027 (%)
- 6.4 Online - Market size and forecast 2022-2027
- Exhibit 38: Chart on Online - Market size and forecast 2022-2027 ($ million)
- Exhibit 39: Data Table on Online - Market size and forecast 2022-2027 ($ million)
- Exhibit 40: Chart on Online - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on Online - Year-over-year growth 2022-2027 (%)
- 6.5 Market opportunity by Distribution Channel
- Exhibit 42: Market opportunity by Distribution Channel ($ million)
- Exhibit 43: Data Table on Market opportunity by Distribution Channel ($ million)
7 Market Segmentation by Type
- 7.1 Market segments
- Exhibit 44: Chart on Type - Market share 2022-2027 (%)
- Exhibit 45: Data Table on Type - Market share 2022-2027 (%)
- 7.2 Comparison by Type
- Exhibit 46: Chart on Comparison by Type
- Exhibit 47: Data Table on Comparison by Type
- 7.3 Digital single-lens reflex cameras - Market size and forecast 2022-2027
- Exhibit 48: Chart on Digital single-lens reflex cameras - Market size and forecast 2022-2027 ($ million)
- Exhibit 49: Data Table on Digital single-lens reflex cameras - Market size and forecast 2022-2027 ($ million)
- Exhibit 50: Chart on Digital single-lens reflex cameras - Year-over-year growth 2022-2027 (%)
- Exhibit 51: Data Table on Digital single-lens reflex cameras - Year-over-year growth 2022-2027 (%)
- 7.4 Compact digital cameras - Market size and forecast 2022-2027
- Exhibit 52: Chart on Compact digital cameras - Market size and forecast 2022-2027 ($ million)
- Exhibit 53: Data Table on Compact digital cameras - Market size and forecast 2022-2027 ($ million)
- Exhibit 54: Chart on Compact digital cameras - Year-over-year growth 2022-2027 (%)
- Exhibit 55: Data Table on Compact digital cameras - Year-over-year growth 2022-2027 (%)
- 7.5 Mirrorless interchangeable lens cameras - Market size and forecast 2022-2027
- Exhibit 56: Chart on Mirrorless interchangeable lens cameras - Market size and forecast 2022-2027 ($ million)
- Exhibit 57: Data Table on Mirrorless interchangeable lens cameras - Market size and forecast 2022-2027 ($ million)
- Exhibit 58: Chart on Mirrorless interchangeable lens cameras - Year-over-year growth 2022-2027 (%)
- Exhibit 59: Data Table on Mirrorless interchangeable lens cameras - Year-over-year growth 2022-2027 (%)
- 7.6 Bridge compact digital cameras - Market size and forecast 2022-2027
- Exhibit 60: Chart on Bridge compact digital cameras - Market size and forecast 2022-2027 ($ million)
- Exhibit 61: Data Table on Bridge compact digital cameras - Market size and forecast 2022-2027 ($ million)
- Exhibit 62: Chart on Bridge compact digital cameras - Year-over-year growth 2022-2027 (%)
- Exhibit 63: Data Table on Bridge compact digital cameras - Year-over-year growth 2022-2027 (%)
- 7.7 Market opportunity by Type
- Exhibit 64: Market opportunity by Type ($ million)
- Exhibit 65: Data Table on Market opportunity by Type ($ million)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 67: Chart on Market share by geography 2022-2027 (%)
- Exhibit 68: Data Table on Market share by geography 2022-2027 (%)
- 9.2 Geographic comparison
- Exhibit 69: Chart on Geographic comparison
- Exhibit 70: Data Table on Geographic comparison
- 9.3 APAC - Market size and forecast 2022-2027
- Exhibit 71: Chart on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 72: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 73: Chart on APAC - Year-over-year growth 2022-2027 (%)
- Exhibit 74: Data Table on APAC - Year-over-year growth 2022-2027 (%)
- 9.4 North America - Market size and forecast 2022-2027
- Exhibit 75: Chart on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 76: Data Table on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 77: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 78: Data Table on North America - Year-over-year growth 2022-2027 (%)
- 9.5 Europe - Market size and forecast 2022-2027
- Exhibit 79: Chart on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 80: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 81: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 82: Data Table on Europe - Year-over-year growth 2022-2027 (%)
- 9.6 Middle East and Africa - Market size and forecast 2022-2027
- Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- 9.7 South America - Market size and forecast 2022-2027
- Exhibit 87: Chart on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 88: Data Table on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 89: Chart on South America - Year-over-year growth 2022-2027 (%)
- Exhibit 90: Data Table on South America - Year-over-year growth 2022-2027 (%)
- 9.8 China - Market size and forecast 2022-2027
- Exhibit 91: Chart on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 92: Data Table on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 93: Chart on China - Year-over-year growth 2022-2027 (%)
- Exhibit 94: Data Table on China - Year-over-year growth 2022-2027 (%)
- 9.9 US - Market size and forecast 2022-2027
- Exhibit 95: Chart on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 96: Data Table on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 97: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 98: Data Table on US - Year-over-year growth 2022-2027 (%)
- 9.10 Japan - Market size and forecast 2022-2027
- Exhibit 99: Chart on Japan - Market size and forecast 2022-2027 ($ million)
- Exhibit 100: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
- Exhibit 101: Chart on Japan - Year-over-year growth 2022-2027 (%)
- Exhibit 102: Data Table on Japan - Year-over-year growth 2022-2027 (%)
- 9.11 Germany - Market size and forecast 2022-2027
- Exhibit 103: Chart on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 104: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 105: Chart on Germany - Year-over-year growth 2022-2027 (%)
- Exhibit 106: Data Table on Germany - Year-over-year growth 2022-2027 (%)
- 9.12 UK - Market size and forecast 2022-2027
- Exhibit 107: Chart on UK - Market size and forecast 2022-2027 ($ million)
- Exhibit 108: Data Table on UK - Market size and forecast 2022-2027 ($ million)
- Exhibit 109: Chart on UK - Year-over-year growth 2022-2027 (%)
- Exhibit 110: Data Table on UK - Year-over-year growth 2022-2027 (%)
- 9.13 Market opportunity by geography
- Exhibit 111: Market opportunity by geography ($ million)
- Exhibit 112: Data Tables on Market opportunity by geography ($ million)
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 113: Impact of drivers and challenges in 2022 and 2027
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 114: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 115: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 116: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 117: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 118: Matrix on vendor position and classification
- 12.3 Canon Inc.
- Exhibit 119: Canon Inc. - Overview
- Exhibit 120: Canon Inc. - Business segments
- Exhibit 121: Canon Inc. - Key offerings
- Exhibit 122: Canon Inc. - Segment focus
- 12.4 Eastman Kodak Co.
- Exhibit 123: Eastman Kodak Co. - Overview
- Exhibit 124: Eastman Kodak Co. - Business segments
- Exhibit 125: Eastman Kodak Co. - Key news
- Exhibit 126: Eastman Kodak Co. - Key offerings
- Exhibit 127: Eastman Kodak Co. - Segment focus
- 12.5 Elite Brands Inc.
- Exhibit 128: Elite Brands Inc. - Overview
- Exhibit 129: Elite Brands Inc. - Product / Service
- Exhibit 130: Elite Brands Inc. - Key offerings
- 12.6 FUJIFILM Corp.
- Exhibit 131: FUJIFILM Corp. - Overview
- Exhibit 132: FUJIFILM Corp. - Business segments
- Exhibit 133: FUJIFILM Corp. - Key news
- Exhibit 134: FUJIFILM Corp. - Key offerings
- Exhibit 135: FUJIFILM Corp. - Segment focus
- 12.7 GoPro Inc.
- Exhibit 136: GoPro Inc. - Overview
- Exhibit 137: GoPro Inc. - Product / Service
- Exhibit 138: GoPro Inc. - Key offerings
- 12.8 HP Inc.
- Exhibit 139: HP Inc. - Overview
- Exhibit 140: HP Inc. - Business segments
- Exhibit 141: HP Inc. - Key news
- Exhibit 142: HP Inc. - Key offerings
- Exhibit 143: HP Inc. - Segment focus
- 12.9 Nikon Corp.
- Exhibit 144: Nikon Corp. - Overview
- Exhibit 145: Nikon Corp. - Business segments
- Exhibit 146: Nikon Corp. - Key news
- Exhibit 147: Nikon Corp. - Key offerings
- Exhibit 148: Nikon Corp. - Segment focus
- 12.10 OM Digital Solutions Corp.
- Exhibit 149: OM Digital Solutions Corp. - Overview
- Exhibit 150: OM Digital Solutions Corp. - Product / Service
- Exhibit 151: OM Digital Solutions Corp. - Key offerings
- 12.11 Panasonic Holdings Corp.
- Exhibit 152: Panasonic Holdings Corp. - Overview
- Exhibit 153: Panasonic Holdings Corp. - Business segments
- Exhibit 154: Panasonic Holdings Corp. - Key news
- Exhibit 155: Panasonic Holdings Corp. - Key offerings
- Exhibit 156: Panasonic Holdings Corp. - Segment focus
- 12.12 Polaroid International B.V.
- Exhibit 157: Polaroid International B.V. - Overview
- Exhibit 158: Polaroid International B.V. - Product / Service
- Exhibit 159: Polaroid International B.V. - Key offerings
- 12.13 Qisda Corp.
- Exhibit 160: Qisda Corp. - Overview
- Exhibit 161: Qisda Corp. - Business segments
- Exhibit 162: Qisda Corp. - Key offerings
- Exhibit 163: Qisda Corp. - Segment focus
- 12.14 Ricoh Co. Ltd.
- Exhibit 164: Ricoh Co. Ltd. - Overview
- Exhibit 165: Ricoh Co. Ltd. - Business segments
- Exhibit 166: Ricoh Co. Ltd. - Key news
- Exhibit 167: Ricoh Co. Ltd. - Key offerings
- Exhibit 168: Ricoh Co. Ltd. - Segment focus
- 12.15 Samsung Electronics Co. Ltd.
- Exhibit 169: Samsung Electronics Co. Ltd. - Overview
- Exhibit 170: Samsung Electronics Co. Ltd. - Business segments
- Exhibit 171: Samsung Electronics Co. Ltd. - Key news
- Exhibit 172: Samsung Electronics Co. Ltd. - Key offerings
- Exhibit 173: Samsung Electronics Co. Ltd. - Segment focus
- 12.16 Sony Group Corp.
- Exhibit 174: Sony Group Corp. - Overview
- Exhibit 175: Sony Group Corp. - Business segments
- Exhibit 176: Sony Group Corp. - Key news
- Exhibit 177: Sony Group Corp. - Key offerings
- Exhibit 178: Sony Group Corp. - Segment focus
- 12.17 Victor Hasselblad AB
- Exhibit 179: Victor Hasselblad AB - Overview
- Exhibit 180: Victor Hasselblad AB - Product / Service
- Exhibit 181: Victor Hasselblad AB - Key offerings
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 182: Inclusions checklist
- Exhibit 183: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 184: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 185: Research methodology
- Exhibit 186: Validation techniques employed for market sizing
- Exhibit 187: Information sources
- 13.5 List of abbreviations
- Exhibit 188: List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide 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 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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