Global Digital Photography Market Data 2024, Forecast To 2033
8 Mar, 2024
The digital photography market is witnessing substantial growth, with its size forecasted to increase from $50.71 billion in 2023 to $53.84 billion in 2024, at a CAGR of 6.2%. This growth is propelled by AI integration and subscription-based services. Looking ahead, the market is expected to reach $66.68 billion by 2028, with a CAGR of 5.5%, driven by innovations in imaging technology and VR photography.
Global Digital Photography Market Key Driver
The digital photography market expands with the increasing number of smartphone users globally, driving user engagement in digital photography, as reported by the Global System for Mobile Communications Association.
Get A Free Sample Of The Global Digital Photography Market ReportGlobal Digital Photography Market Segments
The digital photography market covered in this report is segmented –
1) Type:Photo Processing Equipment, Interchangeable Lenses, Camera Cell Phones, Other Types
2) Application:Photography Software, Photo Looks, Photo Processing, Other Applications
3) Distribution Channel:Online, Offline
4) End-User:Personal, Profession
By Geography: The countries covered in the digital photography market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
Asia-Pacific was the largest region in the digital photography market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the digital photography market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major Digital Photography Industry Players
Samsung Electronics Co Ltd.; PENTAX Imaging Co; Sony Corp; Panasonic Corp; Canon Inc.; Toshiba Corporation; Fujifilm Holdings Corp; Lytro Inc.; Nikon Corp; Eastman Kodak Company; Shutterstock Inc; Arri Group; Leica Camera AG; Blackmagic Design Pty Ltd.; Polaroid Corporation; Red Digital Cinema LLC; Matterport Inc.; OM Digital Solutions Corporation; Vivitar Corporation; Giraffe360 Limited; Kinefinity Inc.; Aryeo Co; Harman Technology Limited; Algolux Inc.; Loupe Photography & Video Inc.
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Digital Photography Market Overview
Digital photography is the process of capturing, creating, editing, and sharing digital images or photographs utilizing electrical and computational devices. It is a type of photography in which pictures focused by a lens are captured using cameras comprising arrays of electronic photodetectors instead of exposure to photographic film.