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Computational Photography Market size to surpass around USD 19.3 billion by 2032 | Apple, Samsung, Nvidia, Qualcomm, Adobe, Nikon

06-16-2023 05:17 AM CET | Media & Telecommunications

Press release from: Global Insight Services

Computational Photography Market

Computational Photography Market

The global Computational Photography Market was valued at USD 12.8 Billion in 2022 and it is anticipated to grow up to USD 19.3 Billion by 2032, at a CAGR of 4.2% during the forecast period.

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Computational photography is a field of computer science that deals with the construction of digital images. It is a relatively new field that has arisen out of the need to process the ever-increasing amount of digital image data being generated by modern cameras and other imaging devices.

 Market Trends and Drivers

The key drivers of the computational photography market are the increasing demand for high-quality images, the need for better image processing capabilities, and the growing popularity of digital cameras. The demand for high-quality images has been driven by the increasing popularity of social media and the need for better image quality in advertising and marketing. This has led to a need for better image processing capabilities, which has in turn driven the development of computational photography. Digital cameras have also become increasingly popular, as they offer several advantages over traditional film cameras. Digital cameras are typically smaller and lighter than film cameras, and they offer the ability to take unlimited pictures without the need for film. This has made them particularly popular with amateur photographers and those who take a lot of pictures.

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Market Restraints and Challenges

Computational photography is a field of image processing that uses computer algorithms to improve image quality. The key restraints in the computational photography market are the high costs associated with the development of algorithms and the need for specialized hardware. The challenges in the computational photography market include the need to develop algorithms that can handle a variety of different types of images, the need to develop algorithms that can run on a variety of different types of hardware, and the need to keep up with the rapidly changing field of image processing.

Major Players in the Global Computational Photography Market

The key players in the Computational Photography

Market Apple, Samsung, Nvidia, Qualcomm, Adobe, Nikon, Sony, LG, Light, and Canon.

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COVID-19 Impact:

With the effect of COVID-19 impact, the production of smartphones for the first half of 2020 is expected to drop drastically. The chipmaker, Qualcomm Inc., says that the coronavirus outbreak globally, it poses a potential threat to the mobile phone industry, with a possible impact on manufacturing and sales. Globally, semiconductor revenues are expected to decline by nearly 2 to 3% in 2020. Further, it disrupted the supply chain with some smartphone brands such as Sony, Samsung, who announced the integration of Qualcomm's Snapdragon 865 AI-enabled (has a camera architecture that should advance computational photography). This leads to the delay in the production as it is unpredictable currently when the pandemic gets over.

Market Segments

By Type

Single- and Dual-Lens
16-Lens
Others

By Product

Smartphone Cameras
Standalone Cameras
Machine Vision Cameras

By Application

3D Imaging
AR
VR
MR

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With Global Insight Services, you receive:

10-year forecast to help you make strategic decisions
In-depth segmentation which can be customized as per your requirements
Free consultation with lead analyst of the report
Excel data pack included with all report purchases
Robust and transparent research methodology

New Report Published by Global Insight Services : https://www.globalinsightservices.com/reports/hydrogen-projects-database/

About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

Contact Us:

Global Insight Services LLC
16192, Coastal Highway, Lewes DE 19958
E-mail: info@globalinsightservices.com
Phone: +1-833-761-1700
Website: https://www.globalinsightservices.com/

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