Press release
Computational Photography Market: Soaring to $64.86 billion by 2029 at a CAGR of 24.7%, Driven By Technological Advancements and Emerging Trends
Computational Photography Market
The computational photography market is seeing massive growth, promising significant opportunities for players involved.
What Is The Projected Market Size Of The Global Computational Photography Market And Its Growth Rate?
• The computational photography market size expanded exponentially from $21.34 billion in 2024 to $26.81 billion in 2025 at a compound annual growth rate (CAGR) of 25.6%.
• The market progression is attributed to the rise of mobile photography, increased processing power, demand for high-quality imaging, enhancements for low-light photography, and the influence of social media on photography.
• The market is projected to leap to $64.86 billion in 2029 at a CAGR of 24.7%.
• Growth factors in this forecast period encompass computational videography, real-time image editing, professional photography extensions, enhanced night mode features, and privacy-focused computational photography.
What Is Driving The Growth In The Computational Photography Market?
The growth trajectory in the computational photography market is closely tied with the burgeoning smartphone market. The swift enhancement of smartphone camera capabilities, including the utilization of 3D technology sensors for high quality photography, are propelling computational photography. In January 2022, the Consumer Technology Association projected smartphone shipments to reach 154.1 million units, representing revenues of $74.7 billion in 2022 - a 3% growth from the previous year. This anticipated surge in the smartphone market is a key accelerator for the expansion in the field of computational photography.
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Who Are the Key Players Driving Computational Photography Market Growth?
• Apple Inc.
• Alphabet Inc.
• Samsung Electronics Co. Ltd.
• Microsoft Corporation
• Huawei Technologies Co. Ltd.
• Sony Corporation
• LG Corp.
• Qualcomm Technologies Inc.
• Canon Inc.
• NVIDIA Corporation
• Adobe Inc.
• Nikon Corporation
• BBK Electronics
• Xperi Corporation
• Leica Camera AG
• Light Labs Inc.
• HTC Corporation
• CEVA Inc.
• Raytrix GmbH
• Corephotonics Ltd.
• Algolux Inc.
• Coherent Labs
• Almalence Inc.
• DXO Labs
• FotoNation Inc.
What Are The Key Trends In The Computational Photography Market?
Major trends in the forecast period include:
• AI-based image enhancement
• Portrait mode and bokeh effects
• Smart high dynamic range optimization
• Multi-lens and multi-sensor systems
• Super-resolution imaging
• Collaboration with AR and VR technologies.
What Are The Segments Of The Global Computational Photography Market?
• By Type: Single And Dual Lens Camera, 16- Lens Camera, Other Types
• By Offering: Camera Modules, Software
• By Product: Smartphone Cameras, Standalone Cameras, Machine Vision Cameras
• By Application: 3D Imaging, Augmented Reality Imaging, Virtual Reality Imaging, Mixed Reality Imaging, Digital Imaging, Other Applications
Which Region Leads The Computational Photography Market?
North America was the largest region in the computational photography market in 2024. However, Asia-Pacific is expected to be the fastest-growing region in the forecast period. The market report also covers Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Computational Photography Market Global Market Report?
- Market Size Analysis: Analyze the Computational Photography Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Computational Photography Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Computational Photography Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Computational Photography Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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The Computational Photography market was valued at Million US$ in 2017 and is projected to reach Million US$ by 2025, at a CAGR of during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Computational Photography.
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