Over the forecast period, smartphones and related mobile technology are projected to maintain their strong competitive position, continuing to siphon-off sales from traditional imaging devices. During the review period, imaging devices experienced a negative annual growth rate in retail volume, a trend highly likely to persist throughout the forecast period.
The sales of digital camcorders are anticipated to dwindle dramatically over the forecast period, with their target consumer base shrinking rapidly. The surge of smartphones with video recording capabilities, combined with competition from hybrid digital cameras offering high-quality images and videos, presents a significant threat to digital camcorder sales.
Canon is projected to sustain its leading position in the imaging devices market throughout the forecast period. Despite the anticipated decline in digital camera sales, Canon is expected to gradually gain market share from its competitors, owing to its unwavering commitment to the market.
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Understand the latest market trends and future growth opportunities for the Imaging Devices industry in Indonesia 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 Indonesia, 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
This report originates from Passport, our Imaging Devices research and analysis database.
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