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At 42.3% CAGR, Smartphone 3D Camera Market Anticipated to Grow $9,280.1 Million By 2025 | Recent Developments and Growth Opportunities - 2027

04-14-2020 09:36 PM CET | IT, New Media & Software

Press release from: Allied Market Research

Smartphone 3D Camera Market

Smartphone 3D Camera Market

According to a report published Allied Market Research, titled, "Smartphone 3D Camera Market by Technology (Stereoscopic camera and Time-of-Flight (TOF)) and Resolution (Below 8 MP, 8-16 MP, and Above 16 MP): Global Opportunity Analysis and Industry Forecast, 2018-2025", the global smartphone 3D camera market was pegged at $560.5 million in 2017 and is projected to reach $9,280.1 million by 2025, growing at a CAGR of 42.3% during 2018-2025. The report offers detailed analyses of the driving forces & opportunities, major market segments, top investment pockets, key player positioning, and competitive landscape.

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Increase in penetration of smartphones across all strata of the society coupled with rapid technological advancements to introduce new features and utilities in smartphones drive the growth of the global smartphone 3D camera market. However, incompatibility issues of 3D camera with different types of smartphones and high cost of hardware and software hamper the market growth. On the contrary, myriad features and applications of smartphone 3D camera are expected to create lucrative opportunities for the market players in the near future.

Stereoscopic Camera Segment to Retain Largest Share through 2025:
The stereoscopic camera segment dominated the market in terms of revenue in 2017, contributing about three-fifths share of global market revenue, owing to its faster response time for capturing 3D images. However, the time-of-flight (TOF) segment is expected to manifest the fastest CAGR of 43.8% during the forecast period, owing to its high scalability and ability to capture accurate, real-time 3D images with high clarity and sensitivity.

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Smartphone 3D Cameras with 16MP and Above Resolution to Manifest Fastest Growth through 2025:
The above 16MP resolution segment is expected to register the fastest CAGR of 46.4% during the forecast period, as several market players like LG have been conducting R&D activities for introducing 3D cameras with more than 16MP so as to obtain high clarity photos alongside offering other advanced features such as dust-proofing, waterproofing, and shock proofing features in their product offerings. However, the 8-16MP segment held the largest share in 2017, contributing about three-fifths of total market revenue and is expected to continue its dominance throughout the study period. The report also analyzes the below 8MP smartphone 3D camera segment.

Asia-Pacific Region to Create Remunerative Opportunities through 2025:
Asia-Pacific accounted for about two-fifths share of the total market and is projected to retain its dominance throughout the forecast period, owing to high adoption of 3D camera smartphones and rapid advancements in technologies that are aimed at improving customer experience in the region. Moreover, the region is projected to grow at the fastest CAGR of 43.5% during the forecast period due to the growing adoption of 3D camera smartphones for various purposes such as entertainment, gaming, and augmented reality. The other regions analyzed in the report include North America, Europe, and Latin America, Middle East and Africa (LAMEA).

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Torchbearers of the Market:
The key market players analyzed in the report include Sharp Corporation, Sony Inc., Toshiba Group, Soft Kinetic Systems S.A., Pelican Imaging, Leica AG, Infineon Technologies AG, Microsoft Corporation, PMD Technologies, and Samsung Electronics Limited.

Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
Chapter 4: Smartphone 3d Camera Market, By Technology
Chapter 5: Smartphone 3d Camera Market, By Resolution
Chapter 6: Smartphone 3d Camera Market, By Geography
Chapter 7: Company Profiles

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About Us:
Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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