According to the latest report by IMARC Group, titled, “India Digital Camera Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027“, The India digital camera market is expected to exhibit a CAGR of 5.88% during 2022-2027. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.
Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
A digital camera, also known as a digicam, is a hardware device used for capturing high-definition (HD) images and videos that can be displayed on a viewfinder and stored on different devices. It comprises an aperture, sensor sensitivity (ISO), auto-focus, automatic white balance (AWB), shutter speed, digital zoom, burst shots, and best shot selector. It also involves an inbuilt slot for a memory card that can store images depending on the storage capacity.
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India Digital Camera Market Trends and Drivers:
The increasing traction of digital photography among the masses on account of the emerging vlogging trend and inflating income levels represents one of the key factors positively influencing the demand for digital cameras in India. In addition, the rising influence of social media platforms and the expanding tourism are contributing to the market growth in the country. Apart from this, product manufacturers are offering cashback and discount vouchers to increase their overall sales. They are also collaborating with international organizations to provide various webinars, academic courses, and educational programs to encourage young enthusiasts in opting digital photography as a career option. Along with this, they are focusing on promoting their products through online organized retail portals, which is creating a positive outlook for the market in the country.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
India Digital Camera Market 2022-2027 Competitive Analysis and Segmentation:
- The competitive landscape of the industry has also been examined along with the profiles of the key players.
The report has segmented the market based on product type.
Breakup by Product Type:
- Interchangeable Lens Cameras
- Digital Single Lens Reflex (SLR) Cameras
- Digital Rangefinders
- Line-Scan Camera Systems
- Built-in Lens Cameras
- Integration Camera
- Bridge Cameras
- Compact Digital Cameras
Breakup by Region:
- North India
- West and Central India
- South India
- East India
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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