Monday, 28 July 2014

Global Smart Camera Market 2014-2018



A smart camera is a type of digital camera that has advanced connectivity features. Smart cameras can transfer photos wirelessly using Wi-Fi, NFC, and Bluetooth. They have the capability of interacting with smartphone and PC applications. These cameras can directly share and upload pictures and videos on various social media platforms and photo-sharing portals. A smart camera is a hybrid of a smartphone and digital camera combined with the usability, connectivity, and supporting apps.

Analysts forecast the Global Smart Camera market will grow at a CAGR of 57.02 percent over the period 2013-2018.

The Report recognizes the following companies as the key players in the Global Smart Camera Market 2014-2018: Canon Inc., Nikon Corp., Panasonic Corp., Samsung Electronics Co. Ltd. and Sony Corp.
Other prominent vendors in the market are: Fujifilm, Olympus and Polaroid

Because of the shift in demand from developed regions to developing regions, vendors in the market are increasingly focusing on tapping the opportunity in the developing market. Vendors are adopting bundle packaging strategies to attract more customers, and hence increase their sales. The market is also witnessing an increase in the demand for personalized smart cameras. With the introduction of smart lenses and Wi-Fi-enabled memory cards, the growth of the market is expected to be stable during the forecast period.


Covered in this Report
The report covers the present scenario and the growth prospects of the Global Smart Camera market for the period 2014-2018. To calculate market size, the report considers the revenue and unit shipments of point-and-shoot smart cameras (smart fixed lens cameras).

Global Smart Camera Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas and the EMEA and APAC regions; it also covers the Global Smart Camera market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

According to the report, one of the major drivers in this market is the technological advancements. The growth in wireless technology with the introduction of advance sharing techniques, such as NFC and Bluetooth, has enabled the sharing of photos wirelessly.

Further, the report states that the growing popularity of smartphones equipped with high-quality cameras is a major challenge to the market. Smartphones are equipped with high-resolution cameras and various supporting applications that enhance the captured image and allow its sharing through the internet. The increased penetration of advanced smartphones with high-resolution cameras is affecting the demand for smart cameras significantly.


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