Digital camcorders and digital cameras tick the desired portability box, but lack the other big seller, multifunctionality. As is the case with many products within consumer electronics, smartphones pose an increasingly more attractive alternative.
While digital camcorders is facing a negative future over the forecast period, action cameras, led by GoPro offers potential for growth or at least for slower decline. Colombians are increasingly interested in outdoor activities, adventure, and dangerous sports.
As noted, mirrorless cameras are rising in popularity, and it is expected this trend will grow further over the forecast period. To compare the different formats, a DSLR camera works by reflecting the image from the sensor to the viewfinder via a mirror; whereas in a mirrorless camera, the sensor is exposed at all times and thus the viewfinder shows a digital image.
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Understand the latest market trends and future growth opportunities for the Imaging Devices industry in Colombia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Imaging Devices industry in Colombia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Imaging devices includes cameras and camcorders.See All of Our Definitions
This report originates from Passport, our Imaging Devices research and analysis database.
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