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North America Digital Camera Market

North America Digital Camera Market Size, Share, 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

North America Digital Camera Market Outlook

The North America digital camera market size reached USD 2.71 billion in 2023. The market is expected to grow at a CAGR of 4.3% between 2024 and 2032, reaching almost USD 3.96 billion by 2032.

 

Key Takeaways:

  • According to the GSMA Mobile Economy North America 2023 report, in North America, mobile internet connectivity has reached a significant milestone, with over 328 million individuals accessing the mobile internet in 2022, narrowing the usage gap to just 14%. However, the mobile internet landscape across the region exhibits notable variations, with penetration rates exceeding 80% in the United States and Canada, contrasting with 39% penetration in the Caribbean, where approximately 8.4 million people subscribed to mobile internet services.
  • The adoption of 5G technology is gaining momentum in North America, with an increasing percentage of total connections attributed to 5G networks due to ongoing deployments. Projections indicate that by 2030, 5G connections will more than double to reach 447 million, representing an adoption rate of 91%. This surge in 5G adoption is accompanied by the gradual phasing out of legacy networks such as 2G and 3G, highlighting the dominance of 5G technology in reshaping the mobile internet landscape across the region.

 

The North America digital camera market is experiencing growth driven by several factors. Consumer demand is increasing due to the ability of digital cameras to deliver high-quality photographs and their popularity in wildlife, fashion, and wedding photography. Advanced features like DSLR with HD video capabilities have attracted consumers seeking superior image quality. The availability of digital cameras with interchangeable lenses has also contributed to market growth.

 

Rising per capita incomes have made digital cameras more affordable, further boosting market demand. Consumers are becoming more aware of technological innovations such as anti-shake technology, face recognition, and preset modes, which are enhancing the appeal of digital cameras.

 

In North America, the consumer electronics industry is mature, with significant penetration of devices like personal computers, TVs, smartphones, and digital cameras in households. The industry's growth is fuelled by rising disposable incomes and a shift in consumer preferences towards smart homes and environments.

 

Digital camera manufacturers are benefiting from the growing trend of video production for advertising and marketing purposes. They are developing cameras with innovative features like high resolution (12-20 megapixels), faster focusing, and connectivity options like Wi-Fi and 4G. These advancements position digital cameras to integrate with other interconnected devices, such as smartphones and IoT devices, driving the North America digital camera market development.

 

North America Digital Camera Market

 

Market Segmentation

North America 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

  • United States of America
  • Canada

 

Competitive Landscape

The key players in the market are concentrating on product introductions to target specialized consumer bases, despite the intense competition from the smartphone industry.

 

  • 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 
  • Leica Camera AG
  • 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:

  • Type
  • Region
Breakup by Type
  • Interchangeable Lens Cameras
  • Built-in Lens Cameras
Breakup by Region
  • United States of America
  • Canada
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • 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 
  • Leica Camera AG
  • Others

 

*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.

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    North America Digital Camera Market Overview
    9.1    Key Industry Highlights
    9.2    North America Digital Camera Historical Market (2018-2023) 
    9.3    North America Digital Camera Market Forecast (2024-2032)
10    North America 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    North America Digital Camera Market by Country
    11.1    United States of America
        11.1.1    Historical Trend (2018-2023)
        11.1.2    Forecast Trend (2024-2032)
    11.2    Canada
        11.2.1    Historical Trend (2018-2023)
        11.2.2    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    Leica Camera AG 
            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.    North America Digital Camera Market: Key Industry Highlights, 2018 and 2032
3.    North America Digital Camera Historical Market: Breakup by Type (USD Billion), 2018-2023
4.    North America Digital Camera Market Forecast: Breakup by Type (USD Billion), 2024-2032
5.    North America Digital Camera Historical Market: Breakup by Country (USD Billion), 2018-2023
6.    North America Digital Camera Market Forecast: Breakup by Country (USD Billion), 2024-2032
7.    North America Digital Camera Market Structure

Key Questions Answered in the Report

The market is estimated to be valued at USD 2.71 billion in 2023.

The market is projected to grow at a CAGR of .3% between 2024 and 2032.

The digital camera market is expected to witness significant growth to reach a value of USD 3.96 billion 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, Leica Camera AG, and others.

The market is driven by factors that include the increasing adoption of digital photography, ongoing development in numerous technologies, inflating disposable incomes and increasing affordability of cameras.

The market is categorised according to its country, which includes United States of America and Canada.

Light entering a digital camera through the lens hits an image sensor. The camera processes the signal that the image sensor outputs to produce image data, which is then saved on the memory card. The picture display allows for simultaneous viewing of the image.

The International Organization for Standardization (ISO) established the ISO Sensitivity standard, which uses a numerical value to indicate sensitivity to light. A higher number denotes more light-capturing capacity and sensitivity.

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