Understand the cultural and socioeconomic influences that shape i...
Understand the cultural and socioeconomic influences that shape industry demand throughout Asia-Pacific, with local insight, market statistics and analysis ranging from strategic regional overview to in-depth coverage by country or city.
The year 2023 is seeing a persistent and deep decline in the retail volume sales of imaging devices in Indonesia, chiefly as a result of escalating competition from smartphones outfitted with advanced, high-megapixel built-in cameras. For the…
Volume sales of digital cameras are set to see another year of decline in 2023. Over the last decade, volume sales have been on an unstoppable decreasing trend. One factor which is positive, however, is that the negative volume growth rate expected…
Retail sales of imaging devices continued their to fall in constant value terms during 2023. Such products are being cannibalised by smartphones, which are increasingly ubiquitous in Malaysia. While the quality of a smartphone camera is typically…
The popularity of imaging devices continues to decline as part of a long-term trend in Singapore, as many local consumers prefer to use their smartphones to take photographs and videos. The quality of smartphone cameras is constantly improving due to…
Raw materials shortages and supply chain disruptions caused by geopolitical issues (e.g., global semiconductor chip shortage, war in Ukraine) resulted in delays in the production of digital cameras and subsequently a decline in retail volume sales in…