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Middle East and Africa Digital Camera Market Size, Analysis: By Type: Interchangeable Lens Cameras, Built-in Lens Cameras; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Competitive Landscape; Key Trends and Developments in the Market; 2024-2032
Middle East and Africa Digital Camera Market Outlook
The Middle East and Africa digital camera market size reached USD 517.44 million in 2023. The market is expected to grow at a CAGR of 4% between 2024 and 2032, reaching almost USD 737.90 million by 2032.
Key Takeaways:
- In the Middle East and North Africa (MENA) region, IoT connections have witnessed significant growth, with a compound annual growth rate (CAGR) of 16%, second only to the Asia Pacific region. According to a recent report by GSMA Intelligence (GSMAi) titled "Realising the potential of IoT in MENA," IoT connections are projected to rise from 396 million in 2018 to 1.1 billion by 2025. This expansion is expected to be supported by government initiatives and collaboration within the mobile industry, driving IoT revenues to reach USD 55 billion by 2025, representing a 19% annual growth rate.
- As per industry reports, the Middle East region accounted for 3.9% of the global internet user base in 2022, totalling 213.89 million users. These figures underscore the region's growing importance in the global digital landscape, highlighting the potential for further expansion and development in IoT technologies and connectivity.
A digital camera, also known as a digicam, captures and stores photographs or videos in digital format using components like a lens, image sensor, processor, memory card, LCD screen, viewfinder, battery, and flash. Compared to analogue cameras, digital cameras offer numerous advantages including convenience, versatility, and ease of use, allowing immediate image preview, multiple shots without film changes, and image editing on a computer.
Key market players are enhancing digital cameras with specialised features like burst shots, auto-focus, shutter speed adjustments, digital zoom, best-shot selector, and ISO/AWB settings, driving market growth. The Middle East and Africa (MEA) region's booming consumer electronics industry is fuelled by robust economic growth, strong consumer demand, and high spending potential, making devices like smartphones and tablets essential commodities. This growth has also led to increased social media usage, with platforms like YouTube, Facebook, and Instagram thriving in the region due to content creation and sharing while driving the Middle East and Africa digital camera market growth.
Professionals utilise advanced technology like mirrorless cameras for photography, notable for compactness and high image quality. The MEA's growing economies present promising markets for digital camera vendors amidst increasing consumer electronics demand. Despite the COVID-19 pandemic's economic impact, applications of digital cameras in entertainment, media, sports, and industries like film production continue to drive demand.
Technological advancements, IoT device adoption, healthcare applications, and film production development contribute to digital camera market growth. Rising consumer awareness about camera design factors like compactness, weight, cost, and resolution further drives innovation in digital camera design and features, ensuring continued the Middle East and Africa digital camera market development.
Market Segmentation
Middle East and Africa 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 Country
- Saudi Arabia
- United Arab Emirates
- Nigeria
- South Africa
- Others
Competitive Landscape
Key players in the digital camera market in Middle East and Africa offer technologically advanced products while undertaking mergers and acquisitions in the market.
- Canon Inc.
- Sony Group Corporation
- Nikon Corporation
- Panasonic Corporation
- FUJIFILM Holdings Corporation
- Samsung Electronics Co. Ltd.
- Eastman Kodak Company
- Sigma Corporation
- Leica Camera AG
- OM Digital Solutions 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 |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| 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 Global Digital Camera Market Overview
8.1 Key Industry Highlights
8.2 Global Digital Camera Historical Market (2018-2023)
8.3 Global Digital Camera Market Forecast (2024-2032)
8.4 Global Digital Camera Market Share by Region
8.4.1 North America
8.4.2 Europe
8.4.3 Asia Pacific
8.4.4 Latin America
8.4.5 Middle East and Africa
9 Middle East and Africa Digital Camera Market Overview
9.1 Key Industry Highlights
9.2 Middle East and Africa Digital Camera Historical Market (2018-2023)
9.3 Middle East and Africa Digital Camera Market Forecast (2024-2032)
10 Middle East and Africa 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 Middle East and Africa Digital Camera Market by Country
11.1 Saudi Arabia
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 United Arab Emirates
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Nigeria
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 South Africa
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Others
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 Eastman Kodak Company
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 Sigma Corporation
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 Leica Camera AG
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 OM Digital Solutions Corporation
13.2.10.1 Company Overview
13.2.10.2 Product Portfolio
13.2.10.3 Demographic Reach and Achievements
13.2.10.4 Certifications
13.2.11 Others
14 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Digital Camera Market: Key Industry Highlights, 2018 and 2032
2. Middle East and Africa Digital Camera Market: Key Industry Highlights, 2018 and 2032
3. Middle East and Africa Digital Camera Historical Market: Breakup by Type (USD Million), 2018-2023
4. Middle East and Africa Digital Camera Market Forecast: Breakup by Type (USD Million), 2024-2032
5. Middle East and Africa Digital Camera Historical Market: Breakup by Country (USD Million), 2018-2023
6. Middle East and Africa Digital Camera Market Forecast: Breakup by Country (USD Million), 2024-2032
7. Middle East and Africa Digital Camera Market Structure
Key Questions Answered in the Report
The market is estimated to be valued at USD 517.44 million in 2023.
The market is projected to grow at a CAGR of 4% between 2024 and 2032.
The digital camera market is expected to reach USD 737.90 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 Mitsubishi Electric Corporation, Robert Bosch GmbH, Denso Corporation, JTEKT Corporation, NSK Ltd., thyssenkrupp AG, ZF Friedrichshafen AG, Knorr-Bremse AG, Dowlais Group Plc (GKN Automotive Ltd.), Nexteer Automotive Corporation, and others.
The market is driven by factors that include technological advancements, IoT device adoption, applications of digital cameras in entertainment and media, among others.
The market is categorised according to its country, which includes Saudi Arabia, United Arab Emirates, Nigeria, South Africa, and others.
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