Press release
Professional 3D Camera Market in Asia-Pacific Would Reach $888.6 Million, Globally by 2020
The growing popularity of 3D cameras among movie & game developers and other consumer camera manufacturers in China, has led China to evolve as the fastest growing market for stereo vision technology.Asia-Pacific Professional 3D Camera Market Report, published by Allied Market Research, forecasts that the Asia-Pacific market is expected to garner $888.6 million by 2020, registering a CAGR of 36.8% during the period 2015-2020. Innovations in the 3D camera market have been gaining momentum in Japan, making it one of the leading markets in the region.
Access Full Summary at : https://www.alliedmarketresearch.com/APAC-professional-3d-camera-market
Among the two types; Target and Free camera, target camera would lead the market throughout the analysis period. The higher growth of the target camera segment is supplemented pertaining to its adoption in different applications including niche photography, surveillance and asset monitoring.
Japan being the leading revenue generating region and exhibiting the largest market share with huge application across varied industry verticals, supplements the overall market growth. Nonetheless, China is the most lucrative market owing to the increasing popularity of 3D movies and games that enhances the demand of 3D cameras. Entertainment industry in China is rapidly adopting 3D cameras and camcorders over conventional technologies in an effort to generate more 3D content.
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Key Findings of Asia-Pacific Professional 3D Camera Market:
1. Stereo vision technology leads the Asia-Pacific professional 3D camera market throughout the analysis period
2. Photography being the largest application in the Professional 3D camera market, would maintain its dominance throughout the forecast period
3. China would be the fastest growing country throughout the forecast period, closely followed by India
The professional 3D camera manufacturers cumulatively follow R&D activities and product launches to differentiate their products and sustain the competitive market. The continuous innovations in imaging technologies including laser, optics and 3D imaging software would result in higher adoption of 3D cameras thereby boosting the overall market growth.
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We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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