Retail volume sales of digital cameras are expected to record further double-digit declines over the course of the forecast period in line with increasing usage of smartphones with improving functionality and quality, deemed adequate for many consumers’ needs. The category will therefore become a shrinking niche, where manufacturers must identify specific target audiences to drive demand, including professional photographers, enthusiasts, and those demanding higher-quality images.
While demand for digital camcorders is also set to decline over the forecast period, this drop will not be as significant compared to digital cameras. Further remote working in line with companies permitting a hybrid working week, will see some demand for high-definition video for conference calls instead of the low-quality built-in technology of laptops, for instance.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Understand the latest market trends and future growth opportunities for the Imaging Devices industry in South Korea 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 South Korea, 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.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!