GITNUX MARKETDATA REPORT 2024

Digital Cameras Industry Statistics

The digital camera industry has experienced steady growth in recent years, with increasing demand for advanced features such as high resolution and video capabilities.

In this post, we will explore key statistics and insights surrounding the digital cameras industry, shedding light on market trends, major players, revenue projections, and global market dynamics. From unit sales figures to market shares of leading brands, we will provide a comprehensive overview of the state of the digital camera industry as of 2020 and future predictions up to 2027. Let’s dive into the data to gain a deeper understanding of this evolving market landscape.

Statistic 1

"In 2020, worldwide unit sales of digital cameras amounted to 9 million units."

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Statistic 2

"As of 2020, Canon held the largest share in the digital camera space with 45.4% market share."

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Statistic 3

"Sony holds the second-largest share in the digital camera market segment with 20.2% as of 2020."

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Statistic 4

"Nikon stood third in the digital camera market with 18.6% share in 2020."

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Statistic 5

"In 2024, it's expected that the market size of the digital camera industry in the US will be $2.14 billion."

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Statistic 6

"Digital camera market revenue worldwide is expected to reach $6.36 billion in 2024."

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Statistic 7

"Currently, the average revenue per user in the digital cameras segment amounts to $33.95."

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Statistic 8

"The DSLR camera market accounted for the highest revenue share of more than 70% in 2020."

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Statistic 9

"The digital camera market is expected to grow approximately 7.1% from 2021 to 2025."

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Statistic 10

"The Asia Pacific digital camera market is expected to exhibit the fastest CAGR of 8.4% from 2021 to 2027."

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Statistic 11

"The volume of digital camera worldwide sales is expected to decrease to 8.39 million units by 2024."

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Statistic 12

"In 2022, approximately 532 thousand digital cameras were sold in Netherlands."

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Statistic 13

"The market volume of digital cameras in Germany is expected to be approximately 2,606.6 thousand units by 2025."

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Statistic 14

"In 2019, the digital cameras import value into Spain was about 308.4 million euros."

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Statistic 15

"Fujifilm's digital camera sales volume worldwide had a market share of 4.8% in 2020."

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Statistic 16

"Olympus, as of 2020, had a global digital camera market share of 5.8%."

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Statistic 17

"Digital camera sales volume in Denmark amounted to approximately 159 thousand units in 2022."

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Statistic 18

"As of 2022, the most significant digital camera vendors in Vietnam by vendor share were Canon (58%), Nikon (22%), and Sony (16%)."

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Statistic 19

"The number of digital cameras exported from South Korea amounted to approximately 0.5 million units in 2020."

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The digital camera industry is currently dominated by key players such as Canon, Sony, and Nikon, with Canon holding the largest market share globally. Despite a projected decrease in worldwide sales volume by 2024, the market’s revenue is expected to grow significantly by 2024, driven by factors such as increasing average revenue per user and the Asia Pacific region’s rapid growth. Additionally, DSLR cameras continue to account for a significant portion of the market’s revenue share. The industry’s future growth prospects look promising, with various regions like the US, Netherlands, Germany, Spain, and Vietnam showing notable market activity and potential.

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