Digital Cameras Market

Digital Cameras Market

  • Submitted By: hawer
  • Date Submitted: 10/14/2015 3:14 AM
  • Category: Technology
  • Words: 775
  • Page: 4

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The worldwide digital camera market is projected to grow to 138 million units by the year 2015 attributed by
increasing demand for digital single lens reflex (SLR) cameras. Demand for digital SLR cameras is expected to
witness significant growth in Asia Pacific due to the increasing income levels and growing prosperity of consumers.
Browse the full Digital Cameras Market report at
Digital cameras represent one of the most popular segments of consumer electronics products market and it has
benefited immensely from digitization of consumer electronics products. The global economic downturn hampered
the growth of this sector during the past few years; however, with global economy recovering from economic
recession, this industry is expected to witness significant growth with more number of people buying digital SLR
cameras. Increased competition and growing income levels of consumers are equally responsible for driving the
demand of digital cameras in the global market. Technological advancements like introduction of touch screen
technology and HD quality in cameras is also contributing to the rise in sales of compact digital cameras.
The US, Europe, and Asia Pacific are the major contributors to the digital camera industry accounting for the lion’s
share. With global economic recovery and US and Europe exhibiting mature...

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