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India Digital Camera Market Size, Share, Trends, Growth: By Type: Interchangeable Lens Cameras, Built-in Lens Cameras; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators of Demand, Key Indicators of Price; Competitive Landscape; Key Trends and Developments in the Market; 2024-2032
India Digital Camera Market Outlook
The India digital camera market size reached USD 499.74 million in 2023. The market is expected to grow at a CAGR of 5.1% between 2024 and 2032, reaching almost USD 783.42 million by 2032.
Key Takeaways:
- As per industry reports, mobile data traffic in India surged to 17.4 exabytes per month in 2023, boasting a remarkable compound annual growth rate (CAGR) of 26% over the past five years. The average monthly mobile data consumption per user also soared to 24.1 gigabytes, marking a year-on-year growth of 24%. Notably, all telecom circles experienced robust growth in mobile data traffic, with 5G traffic capturing a notable 20% share in metro areas.
- Users on 5G networks exhibit a significant appetite for data, consuming up to 3.6 times more data than their 4G counterparts. Moreover, 5G Fixed Wireless Access (FWA) users consume up to 2.5 times more data than regular 5G users. The 5G device ecosystem in India is rapidly evolving, with approximately 17% of active 4G devices now capable of supporting 5G technology.
- Looking ahead, emerging technologies like the Metaverse, Artificial Intelligence (AI), Machine Learning (ML), Cloud computing, and Web 3.0 are poised to have profound impacts by 2030. These advancements are expected to reshape digital experiences and drive transformative changes across industries.
Digital cameras, also known as digicams, are battery-operated electronic devices designed to capture and store images and videos in digital formats. They incorporate sensors, shutters, lenses, interfaces, and other components to facilitate image capture and display. Digital cameras are available in various types including integration, line-scan systems, digital rangefinders, compact models, and those with built-in lenses. They offer features like editing capabilities, burst mode, adjustable shutter speed, and auto-focus functions.
The India digital camera market is experiencing significant growth, largely due to increased adoption in the entertainment industry for shooting high-definition motion footage. Moreover, there's a growing interest in recreational photography among consumers, driving demand for cameras that offer high-quality image capture and storage without the need for film prints. Technological advancements such as GPS integration, Bluetooth, and Wi-Fi connectivity are further fuelling market growth by enhancing safety, connectivity, and wireless photo transfer capabilities.
Additionally, the launch of digital cameras with interchangeable lenses for enhanced zoom and colour capturing capabilities is boosting market expansion. Travel and food bloggers, along with the launch of budget-friendly camera options and rising consumer spending capacities, are contributing to a positive market outlook in India.
Exporters of digital cameras in India are finding the USA to be a lucrative market in terms of export potential, followed by China, Germany, Japan, and the United Kingdom. Despite competition from smartphones with advanced camera functionalities, the market is poised for steady growth, especially with the shift towards mirrorless cameras due to their compact size, superior features, and increasing demand for high-quality visual content on social media platforms enhancing the India digital camera market outlook.
Market Segmentation
India Digital Camera Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
- Interchangeable Lens Cameras
- Digital Single Lens Reflex (SLR) Cameras
- Digital Rangefinders
- Line-Scan Camera System
- Mirrorless Camera
- Built-in Lens Cameras
- Bridge Cameras
- Compact Digital Cameras
Market Breakup by Region
- North India
- East and Central India
- West India
- South India
Competitive Landscape
Key players in the digital camera market in India offer products through technological advancements while undertaking mergers and acquisitions in the market.
- Canon Inc.
- Sony Group Corporation
- Nikon Corporation
- Panasonic Corporation
- FUJIFILM Holdings Corporation
- Samsung Electronics Co. Ltd.
- OM Digital Solutions Corporation
- Eastman Kodak Company
- Sigma Corporation
- Others
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Type |
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| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Asia Pacific Digital Camera Market Overview
8.1 Key Industry Highlights
8.2 Asia Pacific Digital Camera Historical Market (2018-2023)
8.3 Asia Pacific Digital Camera Market Forecast (2024-2032)
9 India Digital Camera Market Overview
9.1 Key Industry Highlights
9.2 India Digital Camera Historical Market (2018-2023)
9.3 India Digital Camera Market Forecast (2024-2032)
10 India Digital Camera Market by Type
10.1 Interchangeable Lens Cameras
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.1.3 Breakup by Type
10.1.3.1 Digital Single Lens Reflex (SLR) Cameras
10.1.3.2 Digital Rangefinders
10.1.3.3 Line-Scan Camera System
10.1.3.4 Mirrorless Camera
10.2 Built-in Lens Cameras
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.2.3 Breakup by Type
10.2.3.1 Bridge Cameras
10.2.3.2 Compact Digital Cameras
11 India Digital Camera Market by Region
11.1 North India
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 East and Central India
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 West India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 South India
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
12 Market Dynamics
12.1 SWOT Analysis
12.1.1 Strengths
12.1.2 Weaknesses
12.1.3 Opportunities
12.1.4 Threats
12.2 Porter’s Five Forces Analysis
12.2.1 Supplier’s Power
12.2.2 Buyer’s Power
12.2.3 Threat of New Entrants
12.2.4 Degree of Rivalry
12.2.5 Threat of Substitutes
12.3 Key Indicators of Demand
12.4 Key Indicators of Price
13 Competitive Landscape
13.1 Market Structure
13.2 Company Profiles
13.2.1 Canon Inc.
13.2.1.1 Company Overview
13.2.1.2 Product Portfolio
13.2.1.3 Demographic Reach and Achievements
13.2.1.4 Certifications
13.2.2 Sony Group Corporation
13.2.2.1 Company Overview
13.2.2.2 Product Portfolio
13.2.2.3 Demographic Reach and Achievements
13.2.2.4 Certifications
13.2.3 Nikon Corporation
13.2.3.1 Company Overview
13.2.3.2 Product Portfolio
13.2.3.3 Demographic Reach and Achievements
13.2.3.4 Certifications
13.2.4 Panasonic Corporation
13.2.4.1 Company Overview
13.2.4.2 Product Portfolio
13.2.4.3 Demographic Reach and Achievements
13.2.4.4 Certifications
13.2.5 FUJIFILM Holdings Corporation
13.2.5.1 Company Overview
13.2.5.2 Product Portfolio
13.2.5.3 Demographic Reach and Achievements
13.2.5.4 Certifications
13.2.6 Samsung Electronics Co. Ltd.
13.2.6.1 Company Overview
13.2.6.2 Product Portfolio
13.2.6.3 Demographic Reach and Achievements
13.2.6.4 Certifications
13.2.7 OM Digital Solutions Corporation
13.2.7.1 Company Overview
13.2.7.2 Product Portfolio
13.2.7.3 Demographic Reach and Achievements
13.2.7.4 Certifications
13.2.8 Eastman Kodak Company
13.2.8.1 Company Overview
13.2.8.2 Product Portfolio
13.2.8.3 Demographic Reach and Achievements
13.2.8.4 Certifications
13.2.9 Sigma Corporation
13.2.9.1 Company Overview
13.2.9.2 Product Portfolio
13.2.9.3 Demographic Reach and Achievements
13.2.9.4 Certifications
13.2.10 Others
14 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Asia Pacific Digital Camera Market: Key Industry Highlights, 2018 and 2032
2. India Digital Camera Market: Key Industry Highlights, 2018 and 2032
3. India Digital Camera Historical Market: Breakup by Type (USD Million), 2018-2023
4. India Digital Camera Market Forecast: Breakup by Type (USD Million), 2024-2032
5. India Digital Camera Historical Market: Breakup by Region (USD Million), 2018-2023
6. India Digital Camera Market Forecast: Breakup by Region (USD Million), 2024-2032
7. India Digital Camera Market Structure
Key Questions Answered in the Report
The market is estimated to be valued at USD 499.74 million in 2023.
The market is projected to grow at a CAGR of 5.1% between 2024 and 2032.
The digital camera market is expected to reach USD 783.42 million in 2032.
The market is categorised according to its type, which includes interchangeable lens cameras, and built-in lens cameras.
The key market players are Canon Inc., Sony Group Corporation, Nikon Corporation, Panasonic Corporation, FUJIFILM Holdings Corporation, Samsung Electronics Co. Ltd., OM Digital Solutions Corporation, Eastman Kodak Company, Sigma Corporation, and others.
The market is driven by factors that include by professional and recreational photography needs, technological advancements, and growing consumer preferences for compact and feature-rich camera options, among others.
The market is categorised according to its region, which includes North India, East and Central India, West India, and South India.
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