The decline in demand for digital cameras continues to be seen as consumers increasingly take photos with their smartphones. With the launch of each new smartphone, the camera function within the smartphone gets better.
Demand for SLR cameras continues to be hit by the launch of mirrorless cameras. It is unsurprising that SLR cameras are increasingly less popular than mirrorless cameras as the mirror adds complications in manufacturing and is too high a cost for diminishing benefits.
As the leading player in digital cameras, Sony continues to be at the forefront of innovation and technology by refining its diverse imaging technologies. Sony is set to launch its fourth generation of mirrorless cameras in 2019.
GoPro has a strong positioning as the brand of choice for action cameras. Its size, coupled with wide lenses, allows for the device to be attached and mounted on helmets and handle bars for hikers, bikers and climbers to take photos and videos on the move.
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Discover the latest market trends and uncover sources of future market growth for the Imaging Devices industry in Singapore with research from Euromonitor's team of in-country analysts.
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This industry report originates from Passport, our Consumer Electronics market research database.