Press release
Digital Photography Market - Global Industry Size, Share, Trends, Analysis And Forecasts 2018
Marketing is sharpening its focus on the ‘D’ word whether it is the Digital market or Digital photography market. Just 20 years ago, people were considerably less aware about this market as well as the charming opportunities that it could provide.The market for digital photography is estimated at USD 82.6 billion by the year 2016, registering a growth of 5.9% annually. The digital photography market with its complementary products like cameras, lenses, printers, storage cards, digital photo frames, and photo editing software, accounts for more than USD 68.5 billion. Hence its complementary products generate more in revenues and provide an opportunity to become huge business.
Digital media has changed the face of digital photography, photo sharing sites, blogging sites and networking sites, thus creating big business for the digital photography market. Internet is affecting daily lives of consumers and becoming a necessary evil; digital photography is one among them.
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This market can be broken down into segments such as:
Digital photography products :
Products can include photo processing equipment, interchangeable lenses, camera cell phones and many more.
Digital photography applications:
Applications could include photography software, photo looks, photo processing etc.
There are some factors which support the growth of the digital photography market:
Networking sites are continuously redesigning their photo sharing section to give consumers a rich and exciting visual experience. Rising interest in photography as a hobby could be another leading factor.
There are lots of opportunities by which market revenue in this sector can be optimized:
By providing after sales service, improving technology like mirror less camera etc.
Some major brands which are competing with each other with great and user friendly features are:
Nikon
Sony
Canon
Kodak
This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include
North America
Asia Pacific
Europe
Rest of the World
This report provides comprehensive analysis of
Market growth drivers
Factors limiting market growth
Current market trends
Market structure
Market projections for upcoming years
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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
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