Digital Camera Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
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- The global digital camera market growth rate is expected to decline over the forecasted period, owing to shifting consumer preference toward smartphone cameras.
- Most of the major digital camera manufacturers have also recorded a decline in fluctuating sales in the past few years.
- However, increased digital camera prices are also expected to affect the studied market negatively.
- Furthermore, in February 2022, Canon announced the EOS R5 C digital camera, aimed at professionals who want high-performance video and still capture.