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The North America digital camera market reached a value of US$ 3.3 Billion in 2020. Digital cameras, also known as digicams, capture photographs digitally which can be stored in a computer and displayed on a screen. As they use charged coupled device (CCD) to capture images, these cameras eliminate the process of developing a film roll. Owing to this, they are user-friendly and economical for the consumers. Digital cameras also offer a variety of other functions such as auto-focus, removable memory card, shutter priority, best-shot selector, panorama assist, etc.
North America digital camera market is currently being driven by several factors. Rising popularity among consumers owing to its capability of delivering high-quality photographs has catalyzed the demand in the region. Moreover, growing interests in wildlife, fashion and wedding photography have induced the growth of the digital camera market. Additionally, advanced features such as DSLR with HD video and picture quality has created an attractive market for the consumers. Furthermore, easy availability of compatible digital cameras, with changeable lens, has also catalyzed the demand in the region. Apart from this, the rising per capita incomes have increased the affordability of digital cameras, thus escalating the market growth in the region. Rising consumer awareness towards various technological innovations such as anti-shake technology, face recognition and pre-set modes have also stimulated the demand for digital cameras in the region. Looking forward, the North America digital camera market is expected to exhibit negative growth during the forecast period (2021-2026).
IMARC Group’s latest report provides a deep insight into the North America digital camera market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the North America digital camera market in any manner.
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Report Customization: Although IMARC has tried to cover everything in the North America digital camera market landscape, we believe that every stakeholder may have their own specific needs. In view of this, we provide up to 20-man hours of free customization for each report.
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