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According to the latest report by IMARC Group, titled “ Digital camera Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024 ”, the global digital camera market reached a value of around US$ 16.6 Billion in 2018.What are the consumer trends in the action camera market?
Consumer preference for shooting in 4K/UHD over 1080p or 720p remarkably contributes in growth of the segment. Retail channels hold the largest share of the action camera market as consumers prefer checking the equipment and its features in person. Existence of high consumerism manifold in consumer trends.What is the forecast period of digital camera market research report?
Global Digital Camera Market – Industry Analysis and Forecast (2020-2027) – By Product Type, Connectivity, Memory Card and Region. Global Digital Camera Market size was US$ XX Bn in 2019 and is expected to reach US$ XX Bn by 2027, at a CAGR of XX% during forecast period.What is the future of the camera lens market?
Thus, it will impact the camera lens market, with the demand expected to hover around 10 million in interchangeable and 11 million in non-interchangeable camera lens in 2018. A camera lens, also known as a photographic lens, is the most integral and essential part of a camera.