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Digital Photography Market

Digital Photography Market Forecasts to 2028 – Global Analysis By Lens Type (Interchangeable, Built-In), Application (Security and Surveillance, Photo Processing), and By Geography

4.7 (58 reviews)
Published: July 2022 ID: SMRC21588
4.7 (58 reviews)
Published: July 2022 ID: SMRC21588

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Digital Photography Market is accounted for $45.91 billion in 2021 and is expected to reach $68.12 billion by 2028 growing at a CAGR of 5.8% during the forecast period. Digital photography is a type of photography in which a camera with an electronic photodetector is utilized to capture any specific image by adjusting the lens. Digital photography gives immediate feedback as one can access the image immediately after capturing it.

Market Dynamics:

Driver:

Increasing use of electronic devices

The increasing utilization of image-capturing electronic devices such as smartphones, tablets, laptops, and digital cameras, is a major factor anticipated to drive the growth of the global digital photography market. The availability of electronic devices at an affordable price and their easy operative functions, make individuals more inclined towards their utilization for photography.

Restraint:

Rising smartphone camera technology

Smartphone cameras are still far more than digital cameras however simple camera interface, bolstered by features such as swiping to change the exposure,' make smartphone photography an extremely enticing option. The smartphone camera is developing at a higher rate, and organizations are investing a huge amount of money in the research and development of different camera technology.  Hence, these factors are acting as a threat to market growth.

Opportunity:

The emergence of digital media

Digital media has revolutionized the face of digital photography with the development of photo-sharing sites, networking sites, and blogging sites. Additionally, the significant number of people utilizing social media including Facebook and internet usage among young people, as well as the trend of uploading pictures on various social media platforms, is likely to drive the digital photography Market. Internet is expected to emerge as a compulsory addiction among the youngsters thus serving as a major driving force for the market.

The camera cell phones segment is expected to be the largest during the forecast period

The camera cell phones segment is estimated to have a lucrative growth owing to the increasing sales of camera cell phones equipped with advanced cameras with artificial intelligence capabilities. Cell phone computational cameras are displaying significant changes in the market. There is a high impact of these cameras in the market.

The photography software segment is expected to have the highest CAGR during the forecast period

The photography software segment is anticipated to witness the fastest CAGR growth during the forecast period as photography software is being used to alter or improve digital images. This classification of software includes everything from simple apps that pertain simple effects to industry-standard initiatives used by professional photographers for more advanced approaches.

Region with highest share:

Asia Pacific is projected to hold the largest market share during the forecast period due to the rising trend of photography, the growing retail sector, and the increasing use of social media coupled with the rising young population, especially in emerging economies. Photography became more user-friendly and affordable, continuing to support the region’s demand for digital photography over the projected period.

Region with highest CAGR:

North America is projected to have the highest CAGR over the forecast period owing to the high purchasing power and increasing adoption of new technology among consumers in the region. With the exponential rise of social media in the emerging economies in North America, which has vastly populated countries are projected for robust growth.

Key players in the market

Some of the key players profiled in the Digital Photography Market include Samsung Electronics Co. Ltd, Toshiba Corporation, PENTAX, Sigma, Panasonic Corp, Kodak Co., Hewlett Packard Enterprise, Fujifilm Holdings Corp, Canon Inc., and Sony Corp.

Key Developments:

In May 2020, Sony launched ZV-1, a pocket-sized digital camera aimed at video content creators (or vloggers) and designed from the ground up for content creators and vloggers and combines easy-to-use features.

In January 2020, Nikon launched FX-format D780. It features an FX-format (35.9 x 23.9 mm) 24.5-megapixel BSI CMOS sensor and Expeed 6 image processor for seven frames per second continuous shooting through the viewfinder or up to 12 fps in Live View, and light sensitivity of ISO100-51,200 (which can expand to ISO204,800).
 
Lens Types Covered:
• Interchangeable
• Built-In
 
Products Covered:
• Photo Processing Equipment
• Non Reflex
• Memory Cards and Storage Devices
• Interchangeable Lenses
• Digital Still Cameras
• Camera Cell Phones
• Image Sensors
 
Applications Covered:
• Photography Software
• Security and Surveillance
• Medical
• Photo Processing
• Machine Vision
• Photo Looks
• Law Enforcement and Traffic
• Automotive
• Other Applications
 
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

1 Executive Summary           
             
2 Preface            
 2.1 Abstract           
 2.2 Stake Holders          
 2.3 Research Scope          
 2.4 Research Methodology         
  2.4.1 Data Mining         
  2.4.2 Data Analysis         
  2.4.3 Data Validation         
  2.4.4 Research Approach         
 2.5 Research Sources          
  2.5.1 Primary Research Sources        
  2.5.2 Secondary Research Sources        
  2.5.3 Assumptions         
             
3 Market Trend Analysis          
 3.1 Introduction          
 3.2 Drivers           
 3.3 Restraints          
 3.4 Opportunities          
 3.5 Threats           
 3.6 Product Analysis          
 3.7 Application Analysis         
 3.8 Emerging Markets          
 3.9 Impact of Covid-19          
             
4 Porters Five Force Analysis          
 4.1 Bargaining power of suppliers          
 4.2 Bargaining power of buyers         
 4.3 Threat of substitutes         
 4.4 Threat of new entrants         
 4.5 Competitive rivalry          
             
5 Global Digital Photography Market, By Lens Type        
 5.1 Introduction           
 5.2 Interchangeable          
 5.3 Built-In           
             
6 Global Digital Photography Market, By Product        
 6.1 Introduction          
 6.2 Photo Processing Equipment         
 6.3 Non Reflex          
 6.4 Memory Cards and Storage Devices        
 6.5 Interchangeable Lenses         
 6.6 Digital Still Cameras          
 6.7 Camera Cell Phones          
 6.8 Image Sensors          
             
7 Global Digital Photography Market, By Application        
 7.1 Introduction          
 7.2 Photography Software         
 7.3 Security and Surveillance         
 7.4 Medical           
 7.5 Photo Processing          
 7.6 Machine Vision          
 7.7 Photo Looks          
 7.8 Law Enforcement and Traffic         
 7.9 Automotive          
 7.10 Other Applications          
  7.10.1 Social Media         
  7.10.2 Image Editing         
             
8 Global Digital Photography Market, By Geography        
 8.1 Introduction          
 8.2 North America          
  8.2.1 US          
  8.2.2 Canada          
  8.2.3 Mexico          
 8.3 Europe           
  8.3.1 Germany          
  8.3.2 UK          
  8.3.3 Italy          
  8.3.4 France          
  8.3.5 Spain          
  8.3.6 Rest of Europe         
 8.4 Asia Pacific          
  8.4.1 Japan          
  8.4.2 China          
  8.4.3 India          
  8.4.4 Australia          
  8.4.5 New Zealand         
  8.4.6 South Korea         
  8.4.7 Rest of Asia Pacific         
 8.5 South America           
  8.5.1 Argentina         
  8.5.2 Brazil          
  8.5.3 Chile          
  8.5.4 Rest of South America        
 8.6 Middle East & Africa         
  8.6.1 Saudi Arabia         
  8.6.2 UAE          
  8.6.3 Qatar          
  8.6.4 South Africa         
  8.6.5 Rest of Middle East & Africa        
             
9 Key Developments           
 9.1 Agreements, Partnerships, Collaborations and Joint Ventures      
 9.2 Acquisitions & Mergers         
 9.3 New Product Launch         
 9.4 Expansions          
 9.5 Other Key Strategies         
             
10 Company Profiling           
 10.1 Samsung Electronics Co. Ltd         
 10.2 Toshiba Corporation         
 10.3 PENTAX            
 10.4 Sigma           
 10.5 Panasonic Corp           
 10.6 Kodak Co.          
 10.7 Hewlett Packard Enterprise         
 10.8 Fujifilm Holdings Corp         
 10.9 Canon Inc.          
 10.10 Sony Corp.          
             
List of Tables            
1 Global Digital Photography Market Outlook, By Region (2020-2028) ($MN)     
2 Global Digital Photography Market Outlook, By Lens Type (2020-2028) ($MN)     
3 Global Digital Photography Market Outlook, By Interchangeable (2020-2028) ($MN)     
4 Global Digital Photography Market Outlook, By Built-In (2020-2028) ($MN)     
5 Global Digital Photography Market Outlook, By Product (2020-2028) ($MN)     
6 Global Digital Photography Market Outlook, By Photo Processing Equipment (2020-2028) ($MN)   
7 Global Digital Photography Market Outlook, By Non Reflex (2020-2028) ($MN)     
8 Global Digital Photography Market Outlook, By Memory Cards and Storage Devices (2020-2028) ($MN)   
9 Global Digital Photography Market Outlook, By Interchangeable Lenses (2020-2028) ($MN)    
10 Global Digital Photography Market Outlook, By Digital Still Cameras (2020-2028) ($MN)    
11 Global Digital Photography Market Outlook, By Camera Cell Phones (2020-2028) ($MN)    
12 Global Digital Photography Market Outlook, By Image Sensors (2020-2028) ($MN)     
13 Global Digital Photography Market Outlook, By Application (2020-2028) ($MN)     
14 Global Digital Photography Market Outlook, By Photography Software (2020-2028) ($MN)    
15 Global Digital Photography Market Outlook, By Security and Surveillance (2020-2028) ($MN)    
16 Global Digital Photography Market Outlook, By Medical (2020-2028) ($MN)     
17 Global Digital Photography Market Outlook, By Photo Processing (2020-2028) ($MN)    
18 Global Digital Photography Market Outlook, By Machine Vision (2020-2028) ($MN)     
19 Global Digital Photography Market Outlook, By Photo Looks (2020-2028) ($MN)     
20 Global Digital Photography Market Outlook, By Law Enforcement and Traffic (2020-2028) ($MN)   
21 Global Digital Photography Market Outlook, By Automotive (2020-2028) ($MN)     
22 Global Digital Photography Market Outlook, By Other Applications (2020-2028) ($MN)    
23 Global Digital Photography Market Outlook, By Social Media (2020-2028) ($MN)     
24 Global Digital Photography Market Outlook, By Image Editing (2020-2028) ($MN)     
25 North America Digital Photography Market Outlook, By Country (2020-2028) ($MN)     
26 North America Digital Photography Market Outlook, By Lens Type (2020-2028) ($MN)    
27 North America Digital Photography Market Outlook, By Interchangeable (2020-2028) ($MN)    
28 North America Digital Photography Market Outlook, By Built-In (2020-2028) ($MN)     
29 North America Digital Photography Market Outlook, By Product (2020-2028) ($MN)     
30 North America Digital Photography Market Outlook, By Photo Processing Equipment (2020-2028) ($MN)   
31 North America Digital Photography Market Outlook, By Non Reflex (2020-2028) ($MN)    
32 North America Digital Photography Market Outlook, By Memory Cards and Storage Devices (2020-2028) ($MN)  
33 North America Digital Photography Market Outlook, By Interchangeable Lenses (2020-2028) ($MN)   
34 North America Digital Photography Market Outlook, By Digital Still Cameras (2020-2028) ($MN)   
35 North America Digital Photography Market Outlook, By Camera Cell Phones (2020-2028) ($MN)   
36 North America Digital Photography Market Outlook, By Image Sensors (2020-2028) ($MN)    
37 North America Digital Photography Market Outlook, By Application (2020-2028) ($MN)    
38 North America Digital Photography Market Outlook, By Photography Software (2020-2028) ($MN)   
39 North America Digital Photography Market Outlook, By Security and Surveillance (2020-2028) ($MN)   
40 North America Digital Photography Market Outlook, By Medical (2020-2028) ($MN)     
41 North America Digital Photography Market Outlook, By Photo Processing (2020-2028) ($MN)    
42 North America Digital Photography Market Outlook, By Machine Vision (2020-2028) ($MN)    
43 North America Digital Photography Market Outlook, By Photo Looks (2020-2028) ($MN)    
44 North America Digital Photography Market Outlook, By Law Enforcement and Traffic (2020-2028) ($MN)   
45 North America Digital Photography Market Outlook, By Automotive (2020-2028) ($MN)    
46 North America Digital Photography Market Outlook, By Other Applications (2020-2028) ($MN)   
47 North America Digital Photography Market Outlook, By Social Media (2020-2028) ($MN)    
48 North America Digital Photography Market Outlook, By Image Editing (2020-2028) ($MN)    
49 Europe Digital Photography Market Outlook, By Country (2020-2028) ($MN)     
50 Europe Digital Photography Market Outlook, By Lens Type (2020-2028) ($MN)     
51 Europe Digital Photography Market Outlook, By Interchangeable (2020-2028) ($MN)    
52 Europe Digital Photography Market Outlook, By Built-In (2020-2028) ($MN)     
53 Europe Digital Photography Market Outlook, By Product (2020-2028) ($MN)     
54 Europe Digital Photography Market Outlook, By Photo Processing Equipment (2020-2028) ($MN)   
55 Europe Digital Photography Market Outlook, By Non Reflex (2020-2028) ($MN)     
56 Europe Digital Photography Market Outlook, By Memory Cards and Storage Devices (2020-2028) ($MN)   
57 Europe Digital Photography Market Outlook, By Interchangeable Lenses (2020-2028) ($MN)    
58 Europe Digital Photography Market Outlook, By Digital Still Cameras (2020-2028) ($MN)    
59 Europe Digital Photography Market Outlook, By Camera Cell Phones (2020-2028) ($MN)    
60 Europe Digital Photography Market Outlook, By Image Sensors (2020-2028) ($MN)     
61 Europe Digital Photography Market Outlook, By Application (2020-2028) ($MN)     
62 Europe Digital Photography Market Outlook, By Photography Software (2020-2028) ($MN)    
63 Europe Digital Photography Market Outlook, By Security and Surveillance (2020-2028) ($MN)    
64 Europe Digital Photography Market Outlook, By Medical (2020-2028) ($MN)     
65 Europe Digital Photography Market Outlook, By Photo Processing (2020-2028) ($MN)    
66 Europe Digital Photography Market Outlook, By Machine Vision (2020-2028) ($MN)     
67 Europe Digital Photography Market Outlook, By Photo Looks (2020-2028) ($MN)     
68 Europe Digital Photography Market Outlook, By Law Enforcement and Traffic (2020-2028) ($MN)   
69 Europe Digital Photography Market Outlook, By Automotive (2020-2028) ($MN)     
70 Europe Digital Photography Market Outlook, By Other Applications (2020-2028) ($MN)    
71 Europe Digital Photography Market Outlook, By Social Media (2020-2028) ($MN)     
72 Europe Digital Photography Market Outlook, By Image Editing (2020-2028) ($MN)     
73 Asia Pacific Digital Photography Market Outlook, By Country (2020-2028) ($MN)     
74 Asia Pacific Digital Photography Market Outlook, By Lens Type (2020-2028) ($MN)     
75 Asia Pacific Digital Photography Market Outlook, By Interchangeable (2020-2028) ($MN)    
76 Asia Pacific Digital Photography Market Outlook, By Built-In (2020-2028) ($MN)     
77 Asia Pacific Digital Photography Market Outlook, By Product (2020-2028) ($MN)     
78 Asia Pacific Digital Photography Market Outlook, By Photo Processing Equipment (2020-2028) ($MN)   
79 Asia Pacific Digital Photography Market Outlook, By Non Reflex (2020-2028) ($MN)     
80 Asia Pacific Digital Photography Market Outlook, By Memory Cards and Storage Devices (2020-2028) ($MN)  
81 Asia Pacific Digital Photography Market Outlook, By Interchangeable Lenses (2020-2028) ($MN)   
82 Asia Pacific Digital Photography Market Outlook, By Digital Still Cameras (2020-2028) ($MN)    
83 Asia Pacific Digital Photography Market Outlook, By Camera Cell Phones (2020-2028) ($MN)    
84 Asia Pacific Digital Photography Market Outlook, By Image Sensors (2020-2028) ($MN)    
85 Asia Pacific Digital Photography Market Outlook, By Application (2020-2028) ($MN)     
86 Asia Pacific Digital Photography Market Outlook, By Photography Software (2020-2028) ($MN)   
87 Asia Pacific Digital Photography Market Outlook, By Security and Surveillance (2020-2028) ($MN)   
88 Asia Pacific Digital Photography Market Outlook, By Medical (2020-2028) ($MN)     
89 Asia Pacific Digital Photography Market Outlook, By Photo Processing (2020-2028) ($MN)    
90 Asia Pacific Digital Photography Market Outlook, By Machine Vision (2020-2028) ($MN)    
91 Asia Pacific Digital Photography Market Outlook, By Photo Looks (2020-2028) ($MN)    
92 Asia Pacific Digital Photography Market Outlook, By Law Enforcement and Traffic (2020-2028) ($MN)   
93 Asia Pacific Digital Photography Market Outlook, By Automotive (2020-2028) ($MN)    
94 Asia Pacific Digital Photography Market Outlook, By Other Applications (2020-2028) ($MN)    
95 Asia Pacific Digital Photography Market Outlook, By Social Media (2020-2028) ($MN)    
96 Asia Pacific Digital Photography Market Outlook, By Image Editing (2020-2028) ($MN)    
97 South America Digital Photography Market Outlook, By Country (2020-2028) ($MN)     
98 South America Digital Photography Market Outlook, By Lens Type (2020-2028) ($MN)    
99 South America Digital Photography Market Outlook, By Interchangeable (2020-2028) ($MN)    
100 South America Digital Photography Market Outlook, By Built-In (2020-2028) ($MN)     
101 South America Digital Photography Market Outlook, By Product (2020-2028) ($MN)     
102 South America Digital Photography Market Outlook, By Photo Processing Equipment (2020-2028) ($MN)   
103 South America Digital Photography Market Outlook, By Non Reflex (2020-2028) ($MN)    
104 South America Digital Photography Market Outlook, By Memory Cards and Storage Devices (2020-2028) ($MN)  
105 South America Digital Photography Market Outlook, By Interchangeable Lenses (2020-2028) ($MN)   
106 South America Digital Photography Market Outlook, By Digital Still Cameras (2020-2028) ($MN)   
107 South America Digital Photography Market Outlook, By Camera Cell Phones (2020-2028) ($MN)   
108 South America Digital Photography Market Outlook, By Image Sensors (2020-2028) ($MN)    
109 South America Digital Photography Market Outlook, By Application (2020-2028) ($MN)    
110 South America Digital Photography Market Outlook, By Photography Software (2020-2028) ($MN)   
111 South America Digital Photography Market Outlook, By Security and Surveillance (2020-2028) ($MN)   
112 South America Digital Photography Market Outlook, By Medical (2020-2028) ($MN)     
113 South America Digital Photography Market Outlook, By Photo Processing (2020-2028) ($MN)    
114 South America Digital Photography Market Outlook, By Machine Vision (2020-2028) ($MN)    
115 South America Digital Photography Market Outlook, By Photo Looks (2020-2028) ($MN)    
116 South America Digital Photography Market Outlook, By Law Enforcement and Traffic (2020-2028) ($MN)   
117 South America Digital Photography Market Outlook, By Automotive (2020-2028) ($MN)    
118 South America Digital Photography Market Outlook, By Other Applications (2020-2028) ($MN)   
119 South America Digital Photography Market Outlook, By Social Media (2020-2028) ($MN)    
120 South America Digital Photography Market Outlook, By Image Editing (2020-2028) ($MN)    
121 Middle East & Africa Digital Photography Market Outlook, By Country (2020-2028) ($MN)    
122 Middle East & Africa Digital Photography Market Outlook, By Lens Type (2020-2028) ($MN)    
123 Middle East & Africa Digital Photography Market Outlook, By Interchangeable (2020-2028) ($MN)   
124 Middle East & Africa Digital Photography Market Outlook, By Built-In (2020-2028) ($MN)    
125 Middle East & Africa Digital Photography Market Outlook, By Product (2020-2028) ($MN)    
126 Middle East & Africa Digital Photography Market Outlook, By Photo Processing Equipment (2020-2028) ($MN)  
127 Middle East & Africa Digital Photography Market Outlook, By Non Reflex (2020-2028) ($MN)    
128 Middle East & Africa Digital Photography Market Outlook, By Memory Cards and Storage Devices (2020-2028) ($MN) 
129 Middle East & Africa Digital Photography Market Outlook, By Interchangeable Lenses (2020-2028) ($MN)  
130 Middle East & Africa Digital Photography Market Outlook, By Digital Still Cameras (2020-2028) ($MN)   
131 Middle East & Africa Digital Photography Market Outlook, By Camera Cell Phones (2020-2028) ($MN)   
132 Middle East & Africa Digital Photography Market Outlook, By Image Sensors (2020-2028) ($MN)   
133 Middle East & Africa Digital Photography Market Outlook, By Application (2020-2028) ($MN)    
134 Middle East & Africa Digital Photography Market Outlook, By Photography Software (2020-2028) ($MN)   
135 Middle East & Africa Digital Photography Market Outlook, By Security and Surveillance (2020-2028) ($MN)  
136 Middle East & Africa Digital Photography Market Outlook, By Medical (2020-2028) ($MN)    
137 Middle East & Africa Digital Photography Market Outlook, By Photo Processing (2020-2028) ($MN)   
138 Middle East & Africa Digital Photography Market Outlook, By Machine Vision (2020-2028) ($MN)   
139 Middle East & Africa Digital Photography Market Outlook, By Photo Looks (2020-2028) ($MN)    
140 Middle East & Africa Digital Photography Market Outlook, By Law Enforcement and Traffic (2020-2028) ($MN)  
141 Middle East & Africa Digital Photography Market Outlook, By Automotive (2020-2028) ($MN)    
142 Middle East & Africa Digital Photography Market Outlook, By Other Applications (2020-2028) ($MN)   
143 Middle East & Africa Digital Photography Market Outlook, By Social Media (2020-2028) ($MN)    
144 Middle East & Africa Digital Photography Market Outlook, By Image Editing (2020-2028) ($MN)   
             

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