Press release
Global Photo Frame Market Size was valued at US$ 55.37 billion in 2021, and it is expected to reach a value of US$ 54.05 billion by 2028, at a CAGR of 3.05% over the forecast period (2022 - 2028) | Home automation and smart devices are the key drivers for
Due to its rising high level of living, which encourages more spending on homes, schools, and other interior design, North America is the second most dominant area in the photo frame market. The significant engagement of countries like the United States and Canada in décor, which includes hanging goods like affirmative affirmations, certificates, and artwork, can be related to an increase in the need for photo frames in this market. The rising use of smart devices and home automation is fueling the market for digital photo frames. A rising level of living also promotes the creation of technologically advanced products, which is anticipated to drive the global demand for digital photo frames. Two other factors that are anticipated to affect demand for digital picture frames over the course of the predicted years are the availability of customizable digital photo frames and the growing popularity of smart home decor items.
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Read market research report, The Global Digital Photo Frame Market is segmented on the basis of Product Type and Application. Based on Product Type the market is further sub-segmented into Improved Multimedia Digital Photo Frames, and Simple Function Digital Photo Frames, According to Application the market is further sub-segmented into Household and Commercial, & By Region - Forecast and Analysis 2022-2028" by SkyQuest
A picture frame is a decorative and protective border for an image, such as a painting or a photograph. They are frequently used for mirror framing, presenting images in photo frames, and showcasing artwork, among other things. Specialized interior design industries are expected to expand at a faster rate of roughly 20% over the next years, according to BRANDONGAILLE. To protect it from deterioration and to give spectators a better perspective of the painting, most artists exhibit their creations in photo frames. A photo frame can also be used as a mirror frame because it protects and improves the mirror.
Framing a beloved or favorite photo is another popular application for photo frames. As a result, the primary drivers of the market's growth are the usage of picture frames for artwork display, mirror framing, and picture framing. Another factor supporting the market's rise through higher demand is the growing trend of framing printed inspirational quotes to hang in offices, classrooms, and homes. The rising demand for certificate frames in offices, homes, schools & colleges, stores, clinics, and other venues is one of the key reasons fueling the market's expansion. This is due to the fact that awarding certifications, especially in healthcare facilities, educational institutions, and other training centers, aids in gaining more loyal clients who may later spread the word about the company through word of mouth, which is one of the factors driving the growth of the photo frame market. Additionally, images may be quickly transferred between a smartphone and a digital photo frame. Therefore, one of the primary driving factors that present a sizable possibility for the market's expansion is the introduction of the digital photo frame. The decreased use and display of photo frames as a result of the increase in smartphone usage is one of the main obstacles to the market's growth.
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The report published by SkyQuest Technology Consulting provides in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions.
What does this Report Deliver?
Market Estimation for 20+ Countries
Global Photo Frame Market demand by Region, Sub-Region, and Country
Customization on Segments, Regions, and Company Profiles
100+ tables, 150+ Figures
Global, Regional, and Country-specific Photo Frame Market Trends
Comprehensive Mapping of Photo Frame Market Parameters
Attractive Investment Proposition in the Global Photo Frame Market
Competitive Strategies Adopted by Global Photo Frame Market Key Players
Drivers, Restraints, Opportunities, Challenges, and the impact on the Global Photo Frame Market Size
Market growth rate till 2028
Regulatory scenario, regional dynamics, and Global Photo Frame Market insights of leading countries in each region
In-depth Market insights by Region and Country
Market Segmentation Trend Analysis, Opportunities, and Growth
Porter's five force analysis to know the market's condition
Pricing Analysis and Global Photo Frame Market Sales
Parent market analysis
Product portfolio benchmarking
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SkyQuest has segmented the Global Photo Frame Market based on Type, Application, and Region:
Global Photo Frame Market by Type (Revenue, US$ billion, 2021 - 2028)
Hanging Picture Frames
Tabletop Picture Frames s
Global Photo Frame Market by Application (Revenue, US$ billion, 2021 - 2028)
Personal Photos
Artwork
Others
Global Photo Frame Market by Region (Revenue, US$ billion, 2021 - 2028)
North America
Europe
Asia-Pacific
Latin America
Middle East and Africa
Key Players in the Global Photo Frame Market
Aluratek(US)
Eastman Kodak Company(US)
Hp Development Company, L.P. (US)
Koninklijke Philips N.V.( Netherlands)
LG Electronics(South Korea)
Nixplay(US)
Samsung (South Korea)
Sony Corporation(Japan)
Sungale(US)
Viewsonic Corporation(US)
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