Computational Photography Global Market Report 2023 – 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) – Market Size, Trends, And Global Forecast 2023-2032

Photography is the processes for creating durable images by recording light or through electromagnetic radiation utilizing an image sensor or chemically using a light sensitive photographic film. Photography can be a tool for social good, and, slowly, it can change the world. Portrait of Humanity serves as a timely reminder, that despite our many differences, we are able to unite as a global community through the power of photography. The main types of photographic services are portrait studio services and commercial studios. A photographic studio is frequently a business controlled and operated by one or more photographers who create and market their own and sometimes others' images, sometimes accompanied by helpers and pupils. These photographic services are used by children, youths, and adults. The different service providers include large enterprises as well as small and medium-sized enterprises. The global photographic services market is segmented - 1) By Type: Portrait Studios Services, Commercial Studios 2) By Application: Children, Youth, Adult 3) By Service Provider: Large Enterprise, Small and Medium Enterprise Subsegments Covered: School Photography Services, Personal Photography Services, Wedding Photography Services, Other Photography Services The global photographic services market size grew from $41.71 billion in 2022 to $43.54 billion in 2023 at a compound annual growth rate (CAGR) of 4.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, and affecting many markets across the globe. The market size of global photographic services market is expected to grow from $49.54 billion in 2027 at a CAGR of 3.3%. Widespread sharing of pictures on websites and social networking platforms is expected to contribute to the growth of the photographic services market during the forecast period. Websites and mobile applications such as Facebook, Instagram, Snapchat, and Pinterest have led to an increasing trend of sharing images on these platforms to gain social acceptance and popularity among peers. While most images shared on social media are amateur private photographs, professional agencies such as Shutterstock and Getty offer professional images for sale, which can then be used by individuals or companies for advertising on social media. Photographers are expected to benefit from this trend as individuals and organizations are increasingly demanding professionally clicked photographs for media communication, public relations, and other professional services. Increased internet penetration in many developed and developing countries, especially among urban and younger populations, is further driving the demand for professional photographic services. Major companies in the photographic services market include Shutterfly, Inc., Studio Alice Co., Ltd., Getty Images Inc., Lifetouch Inc., Studio Alice Co., Ltd., Getty Images Inc., Portrait Innovations Inc., and Cherry Hill Photo Enterprises. The outbreak of COVID-19 disease (COVID-19) has acted as a restraint on the photographic services market in 2020 as governments globally imposed lockdowns and restricted trade, thereby limiting the need for professional services. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China and has spread globally, including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in a decline in economic activity with countries entering a state of "lock down." The outbreak has had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the photographic services market will recover from the shock over the forecast period as it is a "black swan" event and not related to ongoing or fundamental weaknesses in the market or the global economy. Photographers and service providers are increasingly exploring opportunities in niche markets to increase market value and expand their customer base. Expertise and specialization in the fields of sports, events, landscapes, wildlife, and street photography are significantly gaining popularity. Companies and individuals are focusing on aerial photography, babies, pets, fashion, travel, and photo journalism. This trend is also helping companies market their services to targeted audiences and reduce operating costs. Working in niche markets enables photographers to command comparatively high prices for their services and specialization, thereby increasing profitability. North America was the largest region in the photographic services market share in 2022. Asia-Pacific was the second largest region in the photographic services market. The regions covered in the global photographic services market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the photographic services market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The photographic services market consists of revenue earned by entities by providing still, video, or digital photography services. It includes editing, processing and presenting pictures. Photographic services include school portraits, wedding photography, special occasions and event photography. Photographic services establishments undertake processes where human capital is the major input. Photography services make available the knowledge and skills of their employees, often on an assignment basis, where an individual or team is responsible for the delivery of services to the client. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The photographic services market research report is one of a series of new reports from The Business Research Company that provides photographic services market statistics, including photographic services industry global market size, regional shares, competitors with a photographic services market share, detailed photographic services market segments, market trends and opportunities, and any further data you may need to thrive in the photographic services industry. This photographic services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.

Photographic and photocopying equipment refer to a machine that makes copies of documents using a photographic process. Most modern photocopiers use laser technology to do this, using electrical charges to transfer toner to a piece of paper to form an image. The main types of photographic and photocopying equipment are cameras (except television and video), projectors, photocopying equipment and other photographic and photocopying equipment. Projectors refer to the device that projects an image on a screen or a surface. The various capacities include small, medium, and large. The various operations include autonomous, semi-autonomous, and manual. These are used in households and commercials. The global photographic and photocopying equipment market is segmented - 1) By Type: Cameras (Except Television And Video), Projectors, Photocopying Equipment, Other Photographic And Photocopying Equipment 2) By Capacity: Small, Medium, Large 3) By Operation: Autonomous, Semi-Autonomous, Manual 4) By Application: Household, Commercial The global photographic and photocopying equipment market size grew from $41.09 billion in 2022 to $43.6 billion in 2023 at a compound annual growth rate (CAGR) of 6.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global photographic and photocopying equipment market is expected to grow to $53.19 billion in 2027 at a CAGR of 5.1%. The photographic and photocopying equipment manufacturing market growth is aided by stable economic growth forecasted in many developed and developing countries. The International Monetary Fund (IMF) predicts that the global GDP growth will be 3.3% in 2020 and 3.4% in 2021. Recovering commodity prices, after a significant decline in the historic period is further expected to aid the market growth. Developed economies are also expected to register stable growth during the forecast period. Additionally, emerging markets are expected to continue to grow slightly faster than the developed markets in the forecast period. Stable economic growth is expected to increase investments in the end-user markets, thereby driving the market during the forecast period. Major companies in the photographic and photocopying equipment market include Canon Inc., Ricoh Group, Sony Corp, Sharp Corporation, Nikon Corp, Fujifilm Corporation, Panasonic Corporation, Logitech International S.A, GoPro Inc., and Olympus Corporation. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the photographic and photocopying equipment manufacturing market in 2020 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and spread globally including Western Europe, North America, and Asia. Manufacturers depend heavily on the supply of raw materials from domestic and international suppliers. As many governments restricted the movement of goods across countries and locally, manufacturers had to halt production due to a lack of raw materials. The outbreak is expected to continue to have a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the photographic and photocopying equipment manufacturing market will recover from the shock across the forecast period as it is a 'black swan event and not related to ongoing or fundamental weaknesses in the market or the global economy. Projector manufacturers are offering laser projectors to customers seeking energy-efficient equipment that offers high-quality images. Laser projectors use laser light sources whereas traditional projectors use xenon lamps. Laser projectors offer high-quality images, vivid color reproduction, and 20000 hours of maintenance-free operation. Laser projectors are comparatively energy-efficient and last longer than lamp-based projectors. Laser projectors are widely used in business presentations, home theatre systems, gaming, and movie screening. Due to these benefits, laser projectors are one of the fastest-growing segments of the projector market. Major companies manufacturing laser projectors are Epson, Casio, Sony, Christie, and Panasonic. Asia-Pacific was the largest region in the photographic and photocopying equipment market share in 2022. The Western Europe was the second largest region in the photographic and photocopying equipment. The regions covered in the photographic and photocopying equipment industry report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the photographic and photocopying equipment market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The photographic and photocopying equipment market consists of sales of compact digital/point and shoots cameras, bridge cameras, action cameras, 360 degree cameras, film cameras, smartphone cameras, rugged cameras, and others. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The photographic and photocopying equipment market research report is one of a series of new reports from The Business Research Company that provides photographic and photocopying equipment market statistics, including photographic and photocopying equipment industry global market size, regional shares, competitors with a photographic and photocopying equipment market share, detailed photographic and photocopying equipment market segments, market trends and opportunities, and any further data you may need to thrive in the photographic and photocopying equipment industry. This photographic and photocopying equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The camera module are used to capture photographic or videographic images and consist of an image sensor, lens, IR filters, image processors, and other additional components. The camera module is an integral part of the digital camera system and is built into the camera itself. The size and power consumption of the camera depend on the camera module. The main types of camera modules are the CMOS camera module and the CCD camera module. CMOS camera modules are used to create images in digital cameras, digital video cameras, and digital CCTV cameras. These types of camera modules consist of components such as image sensors, lens modules, and voice coil motors and are focused on interface, pixel, and process. Medical, smartphone and tablet PC, automotive, defence and space, industrial and security, and consumer electronics all make use of these camera modules. The global camera modules market is segmented - 1) By Product Type: CMOS Camera Module, CCD Camera Module 2) By Component: Image Sensors, Lens Modules, Voice Coil Motors 3) By Focus Type: Interface, Pixel, Process 4) By Applications: Medical, Smartphone & Tablet PC, Automotive, Defence & Space, Industrial & Security, Consumer Electronics The global camera modules market size grew from $44.38 billion in 2022 to $46.8 billion in 2023 at a compound annual growth rate (CAGR) of 5.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of the camera modules is expected to grow to $71.89 billion in 2027 at a CAGR of 11.3%. The rising popularity of automated and semi-automated cars is significantly contributing to the growth of the camera module market. Automated and semi-automated cars are the most advanced cars, having an autonomous driving system (ADS) which uses artificial intelligence, integrated cameras, and other software to perform all driving tasks on behalf of drivers or provide certain driving assistance like active steering, breaking, and acceleration based on roads and other environmental conditions. Camera modules are highly used in automotive camera systems, which are an integrated part of the Autonomous Driving System (ADS) to provide high definition imaging to process data for driving cars autonomously. For instance, in 2020, according to an International Data Corporation (IDC) report, approximately around 31.4 million vehicles have some kind of automation and that number is expected to reach around 54.2 million vehicles in 2024. Therefore, the rise in popularity of automated and semi-automated cars is expected to propel the growth of the camera module market over the coming years. Major players in the camera module market are Samsung Electro-Mechanics, LG Innotek, Sony Corporation, Sunny Optical Technology (Group) Company Limited, Hon Hai Precision Industry Co. Ltd., Sharp Corporation, Stmicroelectronics, Omnivision, Chicony Electronics CO. Ltd., Partron Co. Ltd., LITE-ON Technology Corporation, Toshiba Electronic Devices & Storage Corporation, cowell, Primax Electronics Ltd., AMS Technologies AG, ofilm, and McNex Co. Ltd. The camera module market consists of sales of camera modules by entities (organizations, sole traders, and partnerships) that are used to capture photographic or videographic images and consist of an image sensor, lens, IR filters, image processors, and other additional components. The camera module is an integral part of the digital camera system and is built into the camera itself. The size and power consumption of the camera depend on the camera module. assistance like active steering, breaking, and acceleration based on roads and other environmental conditions. Camera modules are widely used in automotive camera systems, which are an integrated part of the autonomous driving system (ADS) to provide high-definition imaging to process data for driving cars autonomously. For instance, in 2020, according to an International Data Corporation (IDC) report, approximately 31.4 million vehicles have some kind of automation, and that number is expected to reach around 54.2 million vehicles in 2024. Therefore, the rise in popularity of automated and semi-automated cars is expected to propel the growth of the camera module market over the coming years. Strategic partnerships and collaborations are the key trends being followed by the companies operating in the camera module market. This is due to the presence of a large number of camera module manufacturing companies operating in the market and their desire to extend their growth into new areas of the market. For instance, in March 2021, OnePlus, a China-based smartphone manufacturing company, and Hasselblad, a Sweden-based camera manufacturing company, formed a strategic partnership for three years. This partnership will allow OnePlus to strengthen its mobile camera quality by developing next-generation camera systems for its new OnePluse 9 series devices and additionally improving and updating software, colour tuning, sensor calibration, and user-friendly camera interface. LG Innotek and Microsoft partnered in March 2021 to assist ecosystem partners with innovative designs and expand the application areas of 3D sensing modules beyond smartphones. The partnership seeks to manufacture 3D sensing modules based on Microsoft ToF technology, commercialize cloud-connected 3D cameras, and make it simple to develop 3D vision applications for a variety of industries, including fitness, healthcare, logistics, and retail. Asia-Pacific was the largest region in the camera module market in 2022 and is also expected to be the fastest-growing region in the forecast period. The regions covered in the camera modules market report are Asia-Pacific, Western Europe, Wastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the camera modules market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The camera module market consists of sales of actuator, lens, PCB, module PKG . Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The camera modules research report is one of a series of new reports from The Business Research Company that provides camera module statistics, including camera module industry global market size, regional shares, competitors with camera module shares, detailed camera module segments, market trends and opportunities, and any further data you may need to thrive in the camera module industry. This camera module research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The high dynamic range refer to technology that improves the range of color and contrast in a digital image and video. HDR photos and videos are created by capturing multiple images and videos with different exposures at the same time interval. It helps in increasing the quality of photos and videos. The main types of high dynamic range are HDR10, HDR10+, hybrid log-gamma, Dolby vision, and 4K. HDR10 is a 10-bit video stream with over 1 billion colors, and it will work with HDR-compatible devices. The Types of products in a high dynamic range are capturing devices and display devices. A capture device is a computer-connected hardware device that transforms the video signal from your camera's output into a digital format that your computer can understand. It can be applied in consumer, entertainment, security and surveillance. Consumer refers to a person who buys products and services for his or her consumption. The global high dynamic range market is segmented - 1) By Type: HDR10, HDR10+, Hybrid Log-Gamma, Dolby Vision, 4K 2) By Product Type: Capturing Devices, Display Devices 3) By Application: Consumer, Entertainment, Security And Surveillance The global high dynamic range market size will grow from $18.33 billion in 2022 to $22.85 billion in 2023 at a compound annual growth rate (CAGR) of 24.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global high dynamic range market is expected to grow to $54.4 billion in 2027 at a CAGR of 24.2%. The growing demand for large screen displays with greater resolution is expected to propel the growth of the High Dynamic Range market over the coming years. Large screen displays and greater resolution are defined as the Higher pixels creating a high-quality, crisp image and video. Large screen displays and greater resolution are used in High Dynamic Range to provide improved quality with high definition of videos. For instance, in June 2020, according to Raju Pullan, senior vice president of Samsung India, the company reported 1.4 times growth in the 4K UHD TV segment and 1.6 times growth in the QLED TV segment there is high demand for 43 inches and above among Consumers in tier 2, tier 3 and rural areas due to large-screen displays with greater resolution. Therefore, the growing demand for large screen displays with greater resolution drives the high dynamic range market. Major players in the high dynamic range market are Amcrest Technologies, Apex Systems, Canon, Casio, Fujifilm, LG Corporation, Nest Cam, Nikon, Omnivision Technologies, Panasonic Corporation, Pyxalis, Robert Bosch Gmbh, Samsung Electric, Sony Corporation, Zosi Technology Co. Ltd., Epson, GoPro, Hasselblad, HP, Kodak, Leica, Pentax, Praktica, Ricoh, Sigma, Vision Tek, and Xiaomi Corporation. HDR technology for 3D rendering are shaping the HDR market. 3D rendering provides an opportunity for use of HDR in various applications. 3D rendering is the process of creating a 2D image for a Screen from a 3D model. For instance, Redmi has launched a TV with 4K HDR and Dolby Vision Set. A 4K display will be included in the forthcoming Smart TV X43. Not only that, but the panel will also support 4K HDR and Dolby Vision content, which is a feature that isn't Typeically available on 43-inch smart TVs. In September 2021, AUO, an optoelectronics solution company partnered with MSI for an undisclosed amount. Through this partnership, AUO introduced Am LED display technology that delivers premium image quality with ultra-high brightness and colors. MSI is a multinational technology company providing HDR for electronics and laptop manufacturers based in Taiwan. Asia-Pacific was the largest region in the high dynamic range market share in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the global high dynamic range industry report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the high dynamic range market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The high dynamic range market includes revenues earned by entities by using HDR in television, gaming, and smart devices. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The high dynamic range market research report is one of a series of new reports from The Business Research Company that provides high dynamic range market statistics, including high dynamic range industry global market size, regional shares, competitors with a high dynamic range market share, detailed high dynamic range market segments, market trends and opportunities, and any further data you may need to thrive in the high dynamic range industry. This high dynamic range market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Action camera refers to a digital camera intended for recording immersive action photos that are typically mounted to helmets, bike or motorbike handlebars, the chest, or a tripod. The action camera has a wider lens and is smaller, more durable, and waterproof than other types of cameras. Numerous athletes, sports fans, and hikers use it extensively in outdoor activities and sports. The action camera market consists of sales of action cameras by entities (organizations, sole traders, and partnerships) that refer to a digital camera designed for capturing immersive action shots usually fixed to helmets, handlebars of a bike or motorcycle, chest, or tripod to record. The action camera is compact in size, rugged, and waterproof with a wider lens to get more width while recording or capturing. It is widely used in outdoor sports and adventure by many sports enthusiasts, athletes, and hikers. The main types of action cameras are box style, cube style, bullet style, periscope & 360° and others. The box-style action cameras are made of plastic or cardboard box with a lens at one end and film at the other end. These action cameras have resolution types such as full HD, HD, ultra HD, others and are distributed through channels by brand outlets, supermarkets/hypermarkets, e-commerce and specialty stores. Action cameras are used in sports, travel and tourism, recreational activities, entertainment and media, automotive, emergency services and other applications. The global action camera market is segmented – 1) By Type: Box Style, Cube Style, Bullet Style, Periscope & 360°, Other Types 2) By Resolution Type: Full HD, HD, Ultra HD, Other Resolutions 3) By Distribution Channel: Brand Outlets, Supermarkets/Hypermarkets, E-Commerce, Specialty Stores 4) By Application: Sports, Travel And Tourism, Recreational Activities, Entertainment And Media, Automotive, Emergency Services, Other Applications The global action camera market size grew from $3.23 billion in 2022 to $3.68 billion in 2023 at a compound annual growth rate (CAGR) of 13.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The action camera market report size is expected to grow to $6.27 billion in 2027 at a CAGR of 14.3%. The rise in extreme sports events, holidays, and music festivals is driving the growth of the action camera market. Action cameras are majorly used to capture sports events, holiday musical events, and many other activities such as actions and adventures of surfing, skateboarding, skiing, climbing, skydiving, bicycle racing, biking, and other sports. The action camera is handier than a DSLR (digital single-lens reflex camera) because of the fixed point-and-shoot model. They can be placed anywhere, from a dashboard to underwater, to capture high-quality videos and photos. There will be a significant need for action cameras in response to the rise in extreme sports events, holidays, and music festivals. For instance, according to the 2021 Holiday Travel Survey by a US-based Travel Planner, The Vacationer, conducted to find out how many Americans will travel this coming holiday season (Thanksgiving and Late December holidays), close to 63% of all Americans aged 18 or older (161 million adults) said to be traveling for at least one holiday in 2021, showing a 37% increase in holiday travel when compared to last year’s survey. It shows that there is a rise in the holidays. Thus, the rise in extreme sports events, holidays, and music festivals is expected to drive the growth of the action camera market. Major players in the action camera market are GoPro Inc., Nikon Corporation, Garmin Limited, Sony Corporation, Veho World, Xiaomi, Drift Innovation, SZ DJI Technology Co Limited, Yi Technology, Panasonic, Insta360, SJCAM, JVC Kenwood Corporation, Eastman Kodak Company and Polaroid Cube. The digital upgradation and use of IoT is the key trend gaining popularity in the action camera market. Major companies are focusing on adopting visual computing, AI (artificial intelligence), and edge computing in smart action camera products to enable better productivity with ease and convenience. IoT application-based action camera helps to build an ecosystem for remote downloading and accessing device data at user ease. The digital upgradation and use of IoT also focus on creating an ecosystem of connected devices such as an action camera connected with an external device for multiple usages. For instance, in May 2022, Hero Electronix, the Hero Group's technology company, launched Qubo Smart Dash Cam with artificial intelligence. It has a built-in 6-axis G-sensor that can auto-detect a sudden shake or collision and store the recording in the event file and comes with a mobile app for both Android and iOS to access the file. It can be easily set up on the dashboard and record photos and videos while driving. In addition, in November 2021, Hero Electronix announced its plan to launch smart sunglasses as well as action cameras with a vision to create a novel connected device ecosystem. In January 2020, Leica Camera AG, a German-based camera company, and Insta360, a Chinese camera company announced a partnership to bring true innovation and state-of-the-art imaging quality to the action camera and 360-degree camera sectors. Both companies will use their decades of optical and digital imaging experience in a new product space. The partnership is aimed at creating innovative technologies under the highest image and quality standards. North America was the largest region in the action camera market in 2022. The regions covered in the action camera market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the action camera market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The action camera market consists of sales of body-worn cameras , dash-camera , Refcam , underwater cameras , and 360 cameras . Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The action camera market research report is one of a series of new reports from The Business Research Company that provides action camera market statistics, including action camera industry global market size, action camera market regional shares, competitors with an action camera market share, detailed action camera market segments, market trends and opportunities, and any further data you may need to thrive in the action camera industry. This action camera market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Video equipment is defined as an electronic device that can broadcast or receive electromagnetic waves to represent both sound and image. The main product types of video equipment are television, video cameras, and video players. Television is a system for transmitting images and sound via electrical signals over long distances so that people can receive them at home. The products are used for offline and online applications that are used by B2B and B2C end-use industries. The global video equipment market is segmented - 1) By Product Type: Television, Video Cameras, Video Players 2) By End Use Industry: B2B, B2C 3) By Application: Online, Offline The global video equipment market size will grow from $119.66 billion in 2022 to $123.08 billion in 2023 at a compound annual growth rate (CAGR) of 2.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global video equipment is expected to grow to $137.27 billion in 2027 at a CAGR of 2.8%. The rise in disposable incomes was a major driver for the video equipment market. The rise in disposable incomes was mainly driven by economic growth and middle-class population growth in developing countries such as China, India, and Brazil. According to the World Bank, the per capita net disposable income of lower-middle-income countries was between $1,036 and $4,045 and the per capita net disposable income of upper-middle-income countries was in between $4,046 and $12,535 in 2021. Increased earnings greatly increased disposable incomes in the emerging markets, increasing the demand for consumer electronics products such as televisions and home theatre systems. Major players in the video equipment market are Bose Corporation, LG Electronics Inc., Panasonic Corporation, Sony Corporation, Samsung Electronics, Bowers & Wilkins, Atlantic Technology, Definitive Technology, GoldenEar Technology, and Pioneer. The changes in consumer lifestyles and preferences had a significant impact on the video equipment market. With increasing smartphone and internet penetration and advances in social media and digital technologies, consumers shifted from traditional television to new forms of entertainment such as online video streaming services on mobile phones. Television viewership continued to decline, especially among the millennials. As a whole, 18-34-year-olds spent viewing traditional TV (live and time-shifted) in Q1 2020 fell by around 15.3% from 2019. Changes in consumer preferences restricted the demand for video equipment market. The demand for Ultra HD televisions is increasing rapidly, as they are energy efficient and offer high-quality images. Ultra HD televisions include 4K and 8K UHDs that have an aspect ratio of 16:9 or wider, and also present a minimum resolution of 3840x2160 pixels. The transition from traditional CRT and LCD TVs to ultra-HD TVs has been fast owing to the brisk pace of technological advances. For instance, in June 2020, according to TVB-Europe, an England-based online television service, over half of 18-24-year-old say they spend more time watching video-sharing platforms than broadcast TV. In many developed countries such as US and the UK,,34% of global households had smart TVs by the end of 2020 and sales increased by 7.4% in 2020 and expected to reach majority by 2026. Thus, indicating high demand for ultra-HD 4k and 8k televisions. In February 2021, Solutionz, a US-based audio-visual integrator, acquired Total Video Equipment for an undisclosed amount. Through this acquisition, Solutionz expanded its ability to design, build, and manage audio-visual integration deployments throughout the Tri-State area. Total Video Products is a US-based manufacturer of video equipment. Asia-Pacific was the largest region in the video equipment market in 2022. North America was the second-largest region in the global video equipment market share. The regions covered in the global video equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the video equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The video equipment market consists of sales of smart TV, liquid crystal displays (LCD), light-emitting diodes (LED), cathode ray tubes (CRT), video cameras, DVD/Blu-ray players, video cassette recorders, and other video equipment. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The video equipment market research report is one of a series of new reports from The Business Research Company that provides video equipment market statistics, including video equipment industry global market size, regional shares, competitors with a video equipment market share, detailed video equipment market segments, market trends and opportunities, and any further data you may need to thrive in the video equipment industry. This video equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Audio equipment is defined as a device that is used for recording, reproducing, and processing sound. Video equipment is an electronic device that can broadcast or receive electromagnetic waves to represent both sound and image. Audio and video equipment is used for home entertainment, musical instrument amplification, motor vehicles, and public address. The main types of audio and video equipment are audio equipment and video equipment. Devices that reproduce, record, or process sound are referred to as audio equipment. Examples of audio equipment are microphones, radio receivers, AV receivers, CD players, tape recorders, amplifiers, mixing consoles, effects units, headphones, and speakers. The equipment is operated through online and offline modes. The various sales channels include OEM and aftermarket that are used by B2B and B2C end users. The global audio and video equipment market is segmented - 1) By Type: Audio Equipment, Video Equipment 2) By End-User: B2B, B2C 3) By Sales Channel: OEM, Aftermarket 4) By Mode: Online, Offline Subsegments Covered: Loudspeakers And Sound Bars, Microphones, Amplifiers And Mixers, Music Players And Other Audio Devices, Televisions, Video Players, Video Cameras The global audio and video equipment market size grew from $152.79 billion in 2022 to $157.13 billion in 2023 at a compound annual growth rate (CAGR) of 2.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The audio and video equipment market is expected to grow to $175.17 billion in 2027 at a CAGR of 2.8%. During the forecast period, internet penetration will increase rapidly due to increased public and private investments to increase internet connectivity. Many audio and video equipment uses the internet to enhance the customer's experience. The growth in internet users will be also driven by greater access to affordable smartphones. In 2020, China reported that the country's internet user base had risen to 989 million, with more than 80 million going online in the aftermath of the COVID-19 pandemic. Increased internet penetration increased the demand for connected audio and video devices. Major companies in the audio and video equipment market include Samsung Electronics Co Ltd., Sony Corp, LG Electronics Inc., Panasonic Corporation and Bose Corporation. The changes in consumer lifestyles and preferences had a significant impact on the audio and video equipment market. With increasing smartphone and internet penetration and advances in social media and digital technologies, consumers shifted from traditional television to new forms of entertainment such as online audio and video streaming services on mobile phones. Television viewership continued to decline, especially among the millennials. For example, the Video Advertising Bureau (VAB), a trade group in the United States that promotes broadcast and cable networks, stated that during the pandemic, the people meter in-tab (the households providing usable ratings for the day) dropped from 36,957 in February 2020 to 29,456 in February 2021. Changes in consumer preferences restricted the demand for audio and video equipment. The growing demand for curved TVs is being driven by consumer preference for better viewing. A curved screen allows for a more immersive experience, as the curve makes the viewer fill more of the field of view and also provides a wider viewing angle. For example, in January 2020, LG Electronics, a South Korea-based electronics company, launched as many as 14 new OLED TVs along with three new GX Gallery series 4K Ultra HD TVs, 88- and 77-inch class Real 8K models, and an all-new OLED screen – 48-inch at CES 2020. The company claims that the new LG TVs are designed to offer better picture quality, upgraded performance, and artificial intelligence-enabled features that improve the overall viewing experience. Asia-Pacific was the largest region in the audio and video equipment market in 2022. North America was the second largest region in the audio and video equipment market. The regions covered in the audio and video equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the audio and video equipment market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela and Vietnam. The audio and video equipment market consists of sales of loudspeakers and sound bars, microphones, amplifiers and mixers, music players, televisions, video players, video cameras, and other audio and video equipment. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The audio and video equipment market research report are one of a series of new reports from The Business Research Company that provides audio and video equipment market statistics, including audio and video equipment industry global market size, regional shares, competitors with audio and video equipment market share, detailed audio and video equipment market segments, market trends and opportunities, and any further data you may need to thrive in the audio and video equipment industry. This audio and video equipment market research report deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Media is the means or communication tool through which information, educational, entertainment, data, or promotional messages are disseminated. The main types of media are tv and radio broadcasting, film and music, information services, web content, search portals, social media, print media, cable, and other subscription programming. Print media refers to paper publications that are being circulated in the form of physical editions of books, magazines, journals, and newsletters. The different revenue models include subscription, advertisement, sponsorship, others and involve various applications such as wired, wireless. The global media market is segmented - 1) By Type: TV And Radio Broadcasting, Film And Music, Information Services, Web Content, Search Portals And Social Media, Print Media, Cable and Other Subscription Programming 2) By Revenue Model: Subscription, Advertisement, Sponsorship, Other Revenue Models 3) By Application: Wired, Wireless Subsegments Covered: Radio Broadcasting, Television Broadcasting, Music Recording, Film And Video, News Syndicates, Libraries And Archives, All Other Information Services, Social Media, Internet Search Portals, Digital Publishing And Content Streaming, Search Engine Optimization Services, Directory, Mailing List, And Other Publishers, Book Publishers, Newspaper & Magazines Publishers The global media market size grew from $2,195.19 billion in 2022 to $2,371.64 billion in 2023 at a compound annual growth rate (CAGR) of 8.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global media is expected to grow to $3,200.17 billion in 2027 at a CAGR of 7.8%. Virtual reality (VR) is increasingly being adopted by the TV and radio broadcasting industry to create a potential impact on audiences. Live events such as sports and music are expected to boost the demand for VR adoption during the forecast period, by helping audiences to connect with major events through a dynamic environment. For example, NextVR, a virtual reality platform for delivering live content, streamed Daytona 500 and a democratic debate. It also partnered with an events company Live Nation to broadcast live music to music fans worldwide. The rise in demand for VR content is expected to drive the growth of the media market going forward. Major companies in the media market include Google, Facebook Inc., AT&T Inc., Netflix Inc., The Walt Disney Company, Apple, Tencent Holdings Co Ltd., CBS Corporation, Charter Communications Inc., and Sony Corp. The outbreak of COVID-19 disease (COVID-19) has acted as a significant restraint on some of the media markets in 2020 as businesses were disrupted due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and spread globally including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in a decline in economic activity and restricted movement of goods and services with countries entering a state of 'lock down'. The outbreak had a negative impact on businesses throughout 2020 and into 2021. However, many media markets have been unaffected or benefited from this as they transmit their content remotely through digital channels. It is expected that the media market will recover from the shock across the forecast period as it is a 'black swan event and not related to ongoing or fundamental weaknesses in the market or the global economy Autonomous drones are becoming popular among mainstream and indie film and video makers as they enhance film viewing experience cost-effective, lightweight, and reduce risks associated with cranes and cable cams during filmmaking. Autonomous drones are flying gadgets equipped with multiple rotors, a built-in high-resolution camera, and algorithms for capturing videos and pictures. It offers a 360-degree experiential recording experience with minimum human intervention. They are used to capture aerial shots, taking footage and images without having a cameraman on an actual helicopter. For instance, Major companies offering autonomous drones are DJI, Parrot, Yuneec, Kespry, Insitu, and EHANG. North America was the largest region in the media market share in 2022. Africa is expected to be the fastest growing region in the forecast period. The regions covered in the global media market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the media market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam. The media market includes revenues earned by entities by offering television and radio programs, motion pictures, and commercials, along with video and audio recordings, games, and publications. Examples of revenues are license fees, subscriptions, and payments for advertising. The market value includes the value of related goods sold by the service provider or included within the service offering. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The media market research report is one of a series of new reports from The Business Research Company that provides media market statistics, including media industry global market size, regional shares, competitors with a media market share, detailed media market segments, market trends and opportunities, and any further data you may need to thrive in the media industry. This media market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.