Thanks to digital cameras and the new age smartphones, everyone is a photographer now. However, a while back, digital cameras were regarded specifically as the tool of professional photographers. While digital cameras were efficacious in displaying their presence in almost every home, times are changing again and these cameras may yet again only serve those that are passionate about high-end photography.
With the emergence of smartphones, shooting professional looking pictures is easier than ever. Despite the dominance of smartphones, the market for digital cameras is sure to flourish with the emergence of innovative technologies backed by several pioneering features that are set to deliver an exciting array of shooting experiences.
Rising popularity of the action camera
Action cameras are witnessing wide adoption owing to the rising popularity of social networking sites, growing adventure tourism, and advances in technologies to generate HD quality videos. With its ability to monitor and improve the performance of professional athletes, action cameras are widely used in global sports events such as IPL and FIFA world cup. The impressive CAGR of the global action camera industry is set to fuel the massive growth in the digital camera industry.
Learn more about the global action camera market through Technavio’ s recent article: Action Cameras: Capturing Adventures on the Go!
4K resolution in digital cameras
4K has rapidly evolved from being tech of the future to the new standard in resolution. Aptly named, 4K is a video specification that has a resolution of approximately 4,000 pixels that delivers a better 1080p footage. The cameras with 4K technology offer excellent stabilization features owing to the number of extra pixels in the image and allows the extraction of frames from the video footage in playback mode. The bottom line is that the demand for 4K technology is at an all-time high and will only keep growing.
Entry of 360-degree digital cameras
The water, dust, and shock resistant 360-degree digital cameras capture a 360-degree wraparound view of the surroundings. Along with this, the 360-degree digital cameras also aid in recording regular videos and support the panoramic view. These cameras that shoot and stitch 360-degree sights are becoming more popular among the consumers.
Picture perfect with Technavio’s market research report
The global market for digital cameras is envisioned to witness a range of revolutionary trends pertaining to the innovative technologies and accessories. The global digital camera market is set to grow impressively with the presence of dominating players and a surge of new entrants.
With a strategic profiling of the prominent vendors in the global digital cameras market, Technavio’s expert research report presents itself as a prodigious resource to gauge the nature of the competitive landscape. The report gives the vendors access to decisive data including growth drivers, current industry trends, market structure and projections for the upcoming years.
