Press release
Increasing Fusion Technologies To Boost Global Dual Lens Smartphone Market
This report presents a thorough analysis of the dual lens smartphone market and presents an evaluation in terms of the market’s present state and the forthcoming growth prospects seen in the market. For presenting the market estimation, the research methodology utilized takes into account the information on the revenue of the chief vendors operating in the market. The market’s size by the end of the forecast horizon and the major challenges and opportunities experienced by the market also form a key part of this report. The competitive landscape section of the study elaborates on the strengths and weaknesses of the players dominant in the market coupled with the presentation of their major business strategies for better market penetration.The report begins by presenting the introduction section which includes the definition and advantages of dual lens cameras. A dual lens camera is a single camera having two separate lenses. One lens is 3x zoom and the other is wide-angled. A user can switch lenses in order to magnify more distant subjects without the requirement to resort to digital zoom. The key advantages of dual lens cameras in smartphones include greater zoom options and low-light performance by utilizing parallel lenses having their own sensors.
The report states that the global dual lens smartphone market is an emerging market. The market gained pace in 2014 post the introduction of Huawei and HTC dual lens smartphones. Moving further, the report presents an overview of 3D mapping applications and fusion technology in smartphones. In the next section of the report, the global smartphone market has been highlighted on the basis of its growth and size. In addition, an evaluation has also been presented on the global and China dual lens smartphone market in terms of players, growth, and sizing. According to the report, by the end of 2015, the prime players operating in the market had introduced a number of smartphones having dual lens camera. China is predicted to lead the market for dual lens smartphones in the coming years.
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The following section on the market dynamics covers the prime factors driving and inhibiting the growth of the market. The increasing disposable income of people and the increasing fusion technologies are amongst the key factors propelling the development of the market. In addition, numerous technological developments such as the utilization of actuators, infrared light lenses, and lens combinations may also impact the market positively. On the other hand, dual lens cameras in smartphones may have certain technological glitches which may decrease their demand, hence impeding the growth of the market.
The last section of the report highlights the major companies dominant in the market and evaluates them on the basis of their achievements and accolades, business strategy, new product introduction, and business overview. Some of these companies are Huawei Investment & Holding Co., Ltd., LG Electronics Inc., and HTC Corporation, among others.
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