How big is the Digital Camera Market?

The Digital Camera Market size is expected to reach USD 5.39 billion in 2024 and grow at a CAGR of 4.85% to reach USD 6.83 billion by 2029. Read More

What is the current Digital Camera Market size?

In 2024, the Digital Camera Market size is expected to reach USD 5.39 billion. Read More

Who are the key players in Digital Camera Market?

Nikon Corporation, Canon, Inc. , Panasonic Corporation, Fujifilm Holdings and Sony Corporation are the major companies operating in the Digital Camera Market. Read More

Which is the fastest growing region in Digital Camera Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Digital Camera Market?

In 2024, the Asia Pacific accounts for the largest market share in Digital Camera Market. Read More

What years does this Digital Camera Market cover, and what was the market size in 2023?

In 2023, the Digital Camera Market size was estimated at USD 5.14 billion. The report covers the Digital Camera Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Digital Camera Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What are the growth opportunities in the Digital Camera Market?

The growth opportunities for the Digital Camera Market are: a) Rising demand for mirrorless cameras b) Growing trend of photography as a hobby c) Increasing use of cameras in various industries Read More

What are the key drivers of the Digital Camera Market?

Key factors driving the Digital Camera Market are: a) Continuous advancements in technology b) Increasing demand for high-quality imaging devices c) Rising popularity of photography among consumers Read More

Digital Camera Market Size, Share, Trends

Digital Camera Market Size - Industry Report on Share, Growth Trends & Forecasts Analysis (2024 - 2029)

The Global Digital Camera Market is segmented by Lens Type (Built-in and Interchangeable), Camera Type (Compact Digital Camera, DSLR, and Mirrorless), End User (Pro Photographers, Prosumers, and Hobbyists), and by Geography. The market sizes and forecasts regarding value (USD million) for all the above segments are provided.

Digital Camera Industry Overview

The digital camera market is highly competitive due to the presence of players such as Nikon Corporation, Sony Corporation, and Canon Inc, amongst others. Although the market is facing huge competition from the smartphone market, the players in the market are focusing on product launches to target niche customer bases.

In September 2022, Canon USA, Inc. announced the release of four professional camcorders, the XA65, XA60, XA75, and XA70, as well as the VIXIA HF G70 camcorder. The new camcorders are suitable for various applications, including documentaries, corporate events, and education. These models provide exceptional performance, capturing spectacular 4K resolution content, HD UVC Streaming through USB-Ci, and superior focusing and facial detection capability. They all offer MP4 and On-Screen Display (OSD) recording, with the four professional camcorders supporting XF-AVC recording for broadcast purposes. Canon has also released a software update for the XF605 camcorder.

In September 2022, Nikon Corporation unveiled the NIKKOR Z 17-28mm f/2.8, an ultra-wide-angle zoom lens compatible with full-frame/FX-format mirrorless cameras that use the Nikon Z mount. The NIKKOR Z 17-28mm f/2.8 is an ultrawide-angle zoom lens with a fast constant maximum aperture of f/2.8 that spans the focal length range of 17 to 28 mm. This lens provides exceptional portability with a total length of around 101 mm*1 and a weight of about 450 g, besides providing a superior optical performance.