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Report Overview
The global digital camera market attained a value of USD 11021.04 Million in 2024. The market is estimated to grow at a CAGR of 4.00% during 2025-2034 to reach a value of USD 16313.83 Million by 2034.
2024
Base Year
2018-2024
Historical Year
2025-2034
Forecast Year
Compound Annual Growth Rate
Value in USD Million
4%
2025-2034
Digital Camera Market Outlook
*this image is indicative*
| Global Digital Camera Market Report Summary | Description | Value |
| Base Year | USD Million | 2024 |
| Historical Period | USD Million | 2018-2024 |
| Forecast Period | USD Million | 2025-2034 |
| Market Size 2024 | USD Million | 11021.04 |
| Market Size 2034 | USD Million | 16313.83 |
| CAGR 2018-2024 | Percentage | XX% |
| CAGR 2025-2034 | Percentage | 4.00% |
| CAGR 2025-2034 - Market by Region | Asia Pacific | 4.5% |
| CAGR 2025-2034 - Market by Country | Brazil | 4.6% |
| CAGR 2025-2034 - Market by Country | Canada | 4.4% |
| CAGR 2025-2034 - Market by Type | Built-in Lens Cameras | 4.3% |
| Market Share by Country 2024 | France | 3.7% |
Increased Demand for Digital Single-Lens Reflex Cameras to Augment the Market Growth of the Global Digital Camera Industry
Based on type, the demand for digital single-lens reflex (SLR) cameras is expected to rise significantly due to their ease of use, an increase in digitalisation, and strong demand associated with similar markets. In addition, digital SLR cameras have emerged as a growing segment offering superior image quality. In addition, the rapid technological advancements, such as the integration of artificial intelligence and the development of lightweight mirrorless cameras, are projected to further augment the market growth in the coming years.
The Asia Pacific to Provide Profitable Growth Opportunities for the Global Digital Camera Industry Growth
The Asia Pacific is predicted to occupy a significant share of the digital camera industry because of the steadily increasing population as well as the rising consumer affluence in the region. While assessing the industry's import and export situation, it was found that the United States is the main importer, whereas China is among the leading exporters of digital cameras globally. The rising incomes of consumers as well as technological advancements, including HD quality cameras and tactile automation, are also expected to positively influence the market growth.
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If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.
Purchase the Regional Overview for
USD 1099
If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.
Purchase the Regional Overview for
USD 1099
If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.
Digital Camera: Market Segmentation
A digital camera refers to a multimedia device that uses an electronic image sensor to preserve digital photographs or videos. It comprises of a lens and a variable diaphragm to modify the electronic lighting, along with a viewfinder monitor to show a captured image or video. Unlike a movie camera, digital camera photos or videos are immediately accessible. Additionally, these devices also provide basic image editing functions, including cropping and image enhancement. Other features such as auto focusing, best shot selector, ISO, and AWB updates, burst shots, shutter speed, and optical zoom are standardised.
Market Breakup by Type:
- Interchangeable Lens Cameras
- Built-in Lens Cameras
Market Breakup by Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
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Heightened Demand for Mirrorless Cameras to Drive the Global Digital Camera Industry
In recent years, digital cameras have increased their ability to capture high-quality images. Nonetheless, one of the major factors that negatively impacted the digital camera industry growth in the historical period was the advent of affordable smartphones with high-resolution lenses. The introduction of improved smartphones with exceptional camera functions reduced the need for digital cameras, as they allowed users to take pictures and edit them, on the go without the need of any specific equipment. However, the digital camera industry is projected to witness a significant growth in the forecast period due to the rising demand for mirrorless cameras. This can be attributed to the growing investments by the leading market players in the development of mirrorless cameras, fuelled by the growing demand for innovative cameras among consumers engaged in travel and tourism activities. For instance, in September 2021, FUJIFILM launched its new FUJIFILM GFX50S II, which is a new GFX series mirrorless digital camera comprising a large-format sensor with 51.4MP, providing powerful image stabilisation mechanism and a compact and lightweight body. Such developments are anticipated to propel the market growth in the forecast period.
| CAGR 2025-2034 - Market by | Country |
| Brazil | 4.6% |
| Canada | 4.4% |
| China | 4.3% |
| Germany | 3.9% |
| Mexico | 3.7% |
| USA | XX% |
| UK | XX% |
| France | XX% |
| Italy | 3.6% |
| Japan | XX% |
| India | XX% |
| Australia | XX% |
| Saudi Arabia | XX% |
Key Industry Players in the Global Digital Camera Market
The report gives a detailed analysis of the following key players in the global digital camera market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Canon Inc.
- Nikon Corporation
- Sony Group Corporation
- Panasonic Corporation
- FUJIFILM Holdings Corporation
- Others
The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model and SWOT analysis.
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Digital Camera Market Report Snapshots
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2024, the global digital camera market attained a value of nearly USD 11021.04 Million.
The market is expected to grow at a CAGR of 4.00% between 2025 and 2034.
The major drivers of the market, such as the rising demand for mirrorless cameras and the growing innovations by the manufacturers, are expected to propel the market growth.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific, with the Asia Pacific accounting for the largest market share.
The major product types in the market are divided into interchangeable lens cameras and built-in lens cameras.
The major players in the market are Canon Inc., Nikon Corporation, Sony Corporation, Panasonic Corporation, FUJIFILM Holdings Corporation, and others.
The market is estimated to witness healthy growth in the forecast period of 2025-2034 to reach a value of around USD 16313.83 Million by 2034.
Report Summary
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
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| Base Year | 2024 |
| Historical Period | 2018-2024 |
| Forecast Period | 2025-2034 |
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