Computational photography market report share is estimated to be valued at USD 10.7 billion in 2019 and is projected to reach USD 29.0 billion by 2024, growing at a CAGR of 22.0% during the forecast period.
The trend of sharing images and videos using advanced media sharing technologies is a significant aspect of social networking on a global basis within the smartphone and multimedia tablet ecosystem. Also, the enhancement in the image resolution of sensors along with the technological advancements in camera modules, components, and design is driving the market. The growing demand for superior vision technology in the computer vision industry is expected to lay new growth opportunity for computational cameras industry growth during the forecast period.
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The major players in market are Apple (US), Samsung (South Korea), Nvidia (US), Qualcomm (US), Adobe (US), Nikon (Japan), Sony (Japan), LG (South Korea), Light (US), Canon (Japan).
Computational Photography Market Report Scope:
Report Attributes | Details |
Market Size Value in 2019 | USD 10.7 Billion |
Revenue Forecast in 2024 | USD 29.0 Billion |
Growth Rate | 22.0% |
Base Year Considered | 2018 |
Historical Data Available for Years | 2017–2024 |
Forecast Period | 2019–2024 |
Segments Covered |
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Region Covered |
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Market Leaders |
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Top Companies in North America |
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Largest Growing Region | North America |
Largest Market Share Segment | Camera Module Segment |
Highest CAGR Segment | Smartphone Cameras Segment |
Largest Application Market Share | 3D imaging Application |
Key questions addressed by the report
- Which are the major applications of computational photography market? How big is the opportunity for their growth in the developing economies in the next five years?
- Which are the major companies in computational photography? What are their major strategies to strengthen their market presence?
- Which are the leading countries in this market? What would be the share of the North America and APAC in this market the next five years?
- Where will all these developments in market take the industry in the mid to long term?
- What are the upcoming applications for computational photography?
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