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.
A digital camera, also known as a digicam, is a device that uses an electronic image sensor to capture still photographs and record video. It comprises an aperture, lens, shutter release button, memory card, viewfinder, and other user controls. It is available in different variants, such as compact digital cameras, digital single-lens reflex cameras (DSLRs), mirrorless interchangeable lens cameras (MILCs), line scan camera systems, and bridge and integrated cameras. As a digital photo is easier, faster, and less expensive to take, digital camera is gaining traction across India.
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India Digital Camera Market Trends and Drivers:
The flourishing entertainment industry and ongoing development in film production represent one of the key factors positively influencing the market in India. In addition, digital cameras are widely used for vlogging and shooting motion footage in high-definition (HD) quality. This, in confluence with the rising demand for recreational photography for boosting online businesses, is strengthening the market growth in the country. Apart from this, increasing investments in research and development (R&D) activities to integrate artificial intelligence (AI) and machine learning (ML) for color, face, and object restoration and super-resolution (SR) imaging are propelling the market growth. Furthermore, the incorporation of a metal grid structure in the color filter layer to reduce electrical cross-talk between components is creating a positive market outlook.
India Digital Camera Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape:
- 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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