A digital camera is an electronic device that is used for taking pictures in the form of data, which can be stored on computers or any other hardware devices as opposed to the earlier version of film-based cameras. The digital camera gained popularity by mid-2000s by replacing its predecessor — the film camera. These cameras are also capable of recording videos other than just taking the images. The digital camera is also popularly preferred for their advanced features, such as LCD screen, storage capacity, picture development, size, and Wi-Fi connectivity.
Unlike any film camera, a digital camera can store thousands of pictures and is small and user-friendly. It offers an inexpensive and fast method of taking photos with zero to none effort wasted on the film processing.
Technavio’s analysts forecast the global digital camera market to grow at a CAGR of 20.21% (declining) during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global digital camera market for 2017-2021. To calculate the market size, the report considers the shipments of digital cameras and exclude replacement or aftermarket services.
The market is divided into the following segments based on geography: • Americas • APAC • Europe • ROW
Technavio's report, Global Digital Camera Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Other prominent vendors • Beijing Huaqi Information Digital Technology • Casio Computer • Fujifilm • Eastman Kodak Company • Olympus Corporation • Polaroid • (PLR Ecommerce, LLC.) • Ricoh Company
Market driver • Growing social media use • For a full, detailed list, view our report
Market challenge • Complications in value chain • For a full, detailed list, view our report
Market trend • The increase in the use of action cameras • For a full, detailed list, view our report
Key questions answered in this report • What will the market size be in 2021 and what will the growth rate be? • What are the key market trends? • What is driving this market? • What are the challenges to market growth? • Who are the key vendors in this market space? • What are the market opportunities and threats faced by the key vendors? • What are the strengths and weaknesses of the key vendors?
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