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Smartphone 3D Camera Market set to record exponential growth by 2016 - 2022
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Asia-Pacific region presents largest market opportunity for smartphone 3D camera market. The growing usage of smartphones and increase in purchasing power of consumers is driving the growth of the market. In countries such as China and India, there are more than 800 million smartphone users, according to World Bank. Apart from this, most of the smart phone vendors manufacture their smartphones in countries such as China, Japan, and Taiwan.
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In North America region, smartphone 3D cameras have won widespread acceptance for both personal and business use. Increasing crave of viewing the external object and environment in 3 dimensional view through smartphones is contributing to the growth of the market. Increasing awareness of 3D camera enabled smartphones and growing consumer spending power is contributing to the growth of the market in the Latin America and Middle East and Africa regions.
LG Electronics, Intel Corporation, Sony Corporation, Panasonic Corporation, and Samsung Electronics are key players of global smartphone 3D camera market.
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