London, 27 March 2015 – The Global Professional Camcorder Market is expected to grow at a CAGR of 4.22 percent from 2015-2019, according to a new report from research firm Technavio.
About the Report
The vendors of professional camcorders in the APAC region are focusing on increasing their customer base and revenue through promotional campaigns, and by providing more value to buyers by introducing new features at reasonable prices.
“China, India, Japan and South Korea are the leading revenue contributors in the APAC, with China accounting for the highest sales of professional camcorders,” says Faisal Ghaus, Vice President of Technavio.
The new Technavio report also highlights the entry of 4K technology in the market. It is expected that professional camcorders with 4K technology will witness an increase in adoption, as more content producers begin to use this technology in order to produce high-quality content.
“The initial adoption is expected to be slow, as was the case with HD. But as awareness increases, 4K technology will see higher in demand and this will propel the growth of Global Professional Camcorder Market,” says Ghaus.
Market Scope and Calculation of Market Size
The new report covers the present scenario and growth prospects of the Global Professional Camcorder Market from 2015-2019. To calculate the market size, the report considers the global shipments of professional camcorders.
Key Information Covered in the Report:
Key Vendors:
- Blackmagic Design Pty Ltd.
- Canon Inc.
- JVCKENWOOD Corp.
- Panasonic Corp.
Market Growth Drivers:
- Increased Adoption of Professional Camcorders in APAC Region
- For a full detailed list, view our report.
Market Challenges:
- Competition from DSLRs and Ordinary Camcorders
- For a full detailed list, view our report.
Market Trends:
- Entry of 4K Technology
- For a full detailed list, view our report.
https://www.technavio.com/%3Cp%3E%3Ca%20href%3D%22http%3A//www.technavio….
