Norwegian consumers are expected to continue to substitute imaging devices with smartphones over the forecast period, leading to further strong retail volume sales declines for digital cameras and camcorders. Smartphone manufacturers increasingly focus on technological improvements in terms of in-built camera and video capability, further stifling growth prospects for imaging devices over the forecast period.
On a more positive note, the country’s emergence out of COVID-19 and a return to pre-pandemic lifestyles and behaviours offer some sales opportunities for imaging devices. Leaving lockdowns and other COVID-19 restrictions behind, greater mobility, travel and celebrations and social gatherings should pique consumers’ interest in imaging devices for photographs and video content.
Higher input and distribution costs are predicted to lead to higher retail price points. In addition, the ongoing shift in preference to smartphones is set to narrow the appeal of imaging devices.
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Understand the latest market trends and future growth opportunities for the Imaging Devices industry in Norway 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 Norway, 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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