Press release
Thriving Use of Smartphone Expected to Continue Dominance over Pocket Video Camera: FMI’s Forecast for 2016-2026
Restraints to the Demand for Pocket Video Camera
Prominence of Smartphone and Digital Camera
The demand for pocket camcorders is constantly declining against the growing use of digital cameras and smartphones, which have gained a firm hold within the market. Although relatively lower prices and superior optical zoom remain the camcorders’ strong fortes, the emergence and widespread acceptance of the other two are expected to continue grasping more market size, contrary to camcorders.
High Video Quality Remains Secondary
According to FMI’s market research, a majority of the population that has been using a smartphone for photography as well as video recording, does not prioritise high resolution quality as long as their mobile devices allow quick capturing, easy editing and manipulation, and convenient sharing. This in turn is expected to curb the demand for camcorders in the forecast period as well.
Factors Identified to Drive Market Growth
Relatively Lower Prices
The average price of a pocket camcorder ranges between US$ 100 and US$ 300, which is a key driver expected to sustain its demand in the market. The prices are much lesser compared to digital camera and smartphone.
Request Free Report Sample@ http://www.futuremarketinsights.com/reports/sample/rep-gb-1614
Rising technology advancements
Leading pocket video camera manufacturers have been introducing various advanced technologies to the market, which aim at providing unparalleled video quality, sharing options, and enhanced features. This could be a stimulant to the demand for camcorders during the forecast period.
Superior Optical Zoom
Compact size and exceptional optical zoom have played a key role in popularising pocket camcorders. While smartphones and digital cameras successfully took over pocket video cameras in terms of compact size, pocket camcorders maintain their optical zoom superiority in the market, which is projected to compel consumers to buy dedicated camcorders, in contrast to the other two.
Global Pocket Video Camera: Market Segmentation
FMI’s report on the global pocket video camera market offers a 10-year forecast based on the segmentation of the market based on the product size and application.The market is further sub-segmented according to commercial areas, consumer segment, and others. Apart from this, the global pocket video camera market is also divided on the basis of various price ranges such as premium, mid-size, and low price ranges. The market is further bifurcated on the basis of distribution channel, including multi-brand store, single-brand store, and online store.
Regional Outlook
Geographically, the global pocket video camera industry is divided by major regions, including North America, Latin America, Western and Eastern Europe, Asia-Pacific excluding Japan, Japan, and Middle East and Africa. North America accounts for a major market share for pocket and flip camcorders, and is predicted to maintain a considerable market size on a global level.
Current and Upcoming Trends in Market
Pro-camcorders are expected to surpass the sales of conventional, expensive system cameras, which are used in studio environments.
Request For TOC@ http://www.futuremarketinsights.com/toc/rep-gb-1614
Digital camcorders with the three-in-one feature of capturing still photo and recording video as well as audio are trending in market.
Opportunities for Manufacturers
Pocket camera manufacturers can invest in web services, which would be complementary to photos or videos, allowing for innovative hardware capabilities, and enhanced features to cater to evolving consumer interests.
Global Pocket Camcorder Market: Key Players
The key players identified to capture significant market shares in the global pocket video camera market include Sony Corporation, JVC Corporation, Panasonic, GoPro, Kodak, Cisco, Contour Inc., and Xiaomi. Sony and JVC remain the most sought after brands among pocket camera consumers.
Most of the leading market brands are focusing on innovative product development and brand reinforcement, which is anticipated to push the sales of pocket camera recorders in the near future. Launching of superior pocket video camera models offering ultra-HD video quality, easy shareability, and quick editing feature is expected to reevaluate the pocket camcorders market over the forecast period 2016-2026.
Browse Full Report@ http://www.futuremarketinsights.com/reports/pocket-video-camera-market
If the market continues to decline during the forecast period, major brands such as Sony, Canon, and Samsung might not have to face a major impact, as their adjuvant businesses will continue to bring in significant profits. However, the downfall of the pocket camcorder market will certainly pose a major influence on Nikon, being the only player that capitalises exclusively on cameras.
ABOUT US:
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.
CONTACT:
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Website: www.futuremarketinsights.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Thriving Use of Smartphone Expected to Continue Dominance over Pocket Video Camera: FMI’s Forecast for 2016-2026 here
News-ID: 357590 • Views: …
More Releases from Future Market Insights
Global Lithium Ion Battery Separator Market Projected to Reach US$ 3,256.7 Milli …
The lithium-ion battery separator is a critical component in lithium-ion batteries, responsible for preventing short circuits and ensuring safe and efficient battery performance. It acts as a physical barrier between the positive and negative electrodes, allowing lithium ions to pass through while blocking the flow of electrons. With advancements in separator technology, these separators play a key role in enhancing battery capacity, cycle life, and overall safety in various applications,…
Industrial Drums Market on a Trajectory to Reach US$ 17.6 Billion by 2027, Bolst …
The Industrial Drums Market is experiencing a steady and promising trajectory, with an estimated value of US$ 12.5 billion in 2022, projected to escalate to US$ 17.6 billion by 2027 at a commendable Compound Annual Growth Rate (CAGR) of 7.1%. This growth is substantiated by a 6.6% CAGR in volume during 2022-27, as per Future Market Insights. Anticipated to expand 1.5 times within this period, the market presents alluring prospects for industry…
Supermarkets, Convenience Stores, and Eco-friendly Choices Fuel the Expansion of …
The metal cans market is predicted to grow at a CAGR of 5% over the forecast period, according to research by Future Market Insights. The industry's estimated value is expected to increase from US$ 56 Bn in 2023 to US$ 91.1 Bn by 2033.
The market for metal cans has been driven by the heightened demand for the product in food and beverages industry. Metal cans helps prolong shelf-life of perishable…
Folding IBCs Market Poised for Growth: Expected to Reach US$ 528 Million by 2027 …
The folding intermediate bulk containers (IBCs) market is on a growth trajectory, with an estimated value of US$ 418 million in 2022, projected to reach US$ 528 million by 2027, showcasing a Compound Annual Growth Rate (CAGR) of 4.8%. Remarkably, the China folding IBCs market defied initial pandemic-related skepticism and is anticipated to grow by 6.9% year on year in 2022. Despite global challenges, China's folding IBCs market is poised to contribute…
More Releases for FMI
According to FMI, Condition Monitoring Services Will Reach 6.79 Billion USD: FMI
The global condition monitoring service market is anticipated to exceed US$ 3.52 Bn by the end of 2022. Growing emphasis on the integration of condition monitoring software with computerized process control services and maintenance management software is expected to favour the growth in the market.
The demand in the condition monitoring service global market is estimated to reach US$ 6.79 Bn by 2031, exhibiting growth at a CAGR of 9.8% during…
Medication Dispenser Market Forecast and Analysis by FMI
According to Wikipedia, medication or pill dispenser is an equipment which releases medication at specified time. In simple language, an equipment gives a signal when the time comes to take the medicine. The purpose is to help senior citizens or people who may suffer from impaired ability to adhere to their prescribed medication regime. The device automatically releases the pre-measured dose into a small compartment that is easily opened and…
Printing Paper Market Intelligence and Forecast by FMI
Global printing paper market: Introduction
The global paper industry is undergoing rapid transformation and plays significant role in the global packaging industry. In addition to manufacturing of packaging products such as corrugated boxes, paperboards or envelopes, papers are also used for the production of printing paper for printing purposes. Printing paper market is anticipated to grow on the backdrop of packaging industry, printing industry, and as well as e-commerce industry…
Pharmaceutical Solvent Market Forecast and Prospectus : FMI Research
Global Market for Pharmaceutical Solvents Projected to Witness Sluggish Growth
A majority of medicines & drugs produced in the world are derived from formulating Active Pharmaceutical Ingredients (API), and such processes require alcoholic solvents such as ethanol, isopropanol, propanol and propylene glycol.
Production of pharmaceutical solvents continues to be concentrated in the Asia-Pacific excluding Japan (APEJ) region as leading API suppliers and drug manufacturers in the world have based their production units…
Temperature Controlled Packaging Solutions Market Analysis : FMI
While North America will continue to be the most attractive market, the temperature controlled packaging solutions market in Asia Pacific excluding Japan (APEJ) will witness steady gains.
According to a comprehensive analysis on the global temperature controlled packaging solutions market by Future Market Insights, companies seeking thermally-regulated packaging solutions for unhampered delivery of their products will continue to opt for insulated containers, with chest-type containers accounting for significant demand. However, during…
Force Sensor Market Share, Value, Trends : FMI Report
Continuous adoption of force sensors as human-machine interface is projected to pave new business opportunities for force sensor manufacturers among various industries such as music & entertainment. In addition, surging implementation of various ICT technologies in healthcare, and rising necessity to improve quality of healthcare services are further expected to offer growth opportunities to developers of force sensing technology. Future Market insights (FMI), in its report, projects the global market…
