Growing Demand for Advanced 3D Imaging Technologies by 2023

The rising popularity of 3D content is the primary factor propelling the global 3D cameras market. The engaging nature of 3D photography is becoming increasingly commercially lucrative in the modern market, with many publications trying to boost their user reach through the use of 3D photography. This will be a strong factor boosting the demand for 3D cameras in the coming years. The growing demand for 3D TVs is also a major factor driving the demand for 3D cameras.

The relatively easy incorporation of 3D cameras in smartphones is another factor expected to drive the global 3D cameras market in the coming years. Due to the ease of carrying a smartphone with an advanced camera instead of a bulky and expensive SLR camera, many amateur photographers are starting to choose mobile phones for photography over SLRs. Smartphone manufacturers, recognizing the popularity of mobile photography, are expected to incorporate 3D cameras as a USP in the coming years.

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The rising popularity of high-end smartphones in the increasingly urbanized economies in Asia Pacific and the Middle East will thus boost the global 3D cameras market significantly. From the point of view of 3D camera manufacturers, smartphones are the cheapest vehicle for 3D cameras to make a commercial impact, which will ensure rising usage of 3D camera technology in smartphone cameras.

The global 3D cameras market is dominated at present, as mentioned, by North America and Europe. Major companies in the 3D cameras market, such as Nikon, Canon, GoPro, Kodak, Panasonic, Sony Electronics, and LG all have well-established sales networks in these regions, in addition to advanced R&D facilities. The future of the 3D cameras market, though, is expected to be dominated by Asia Pacific, as the region contains many dynamic economies that are exhibiting increasing financial clout.

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This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.

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