PROSPECTS AND OPPORTUNITIES
Traditional camera sales set to continue declining amid ubiquity of smartphone cameras and other smart devices
As smartphones continue to see major improvements in camera technology, phone brands are partnering with established camera players to boost their product offerings, such as Huawei partnering with Leica for its smartphone camera production. Thus, digital cameras are expected to be gradually phased out for smartphones among the general population.
Mirrorless cameras becoming most popular format in Hong Kong
As a result of smartphone camera advancements, as well as improvements in GoPro and drone photography, the demand for traditional cameras and peripherals has decreased in Hong Kong. This led to prominent player Nikon shifting its production focus from SLR cameras to mirrorless lens models.
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Overview:
Understand the latest market trends and future growth opportunities for the Imaging Devices industry in Hong Kong, China 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 Hong Kong, China, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Imaging Devices in Hong Kong, China report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Imaging Devices in Hong Kong, China?
- Which are the leading brands in Hong Kong, China?
- How are products distributed in Hong Kong, China?
- How is the rise of e-commerce changing the retail landscape?
- How has COVID-19 and accordant macroeconomic and retail disruption impacted consumer demand?
- How are considerations such as urban development and the rise in single-person households driving sales growth?
- Where is technology taking the market? Which products are pioneering growth? Which face obsolescence?
- Where is future growth expected to be most dynamic?
Imaging Devices in Hong Kong, China - Category analysis
KEY DATA FINDINGS
Digital camera sales continue to decline due to capabilities of smartphone cameras
Premium camera releases attract enthusiasts
Traditional camera sales set to continue declining amid ubiquity of smartphone cameras and other smart devices
Mirrorless cameras becoming most popular format in Hong Kong
Consumer Electronics in Hong Kong, China - Industry Overview
Consumer electronics in 2024: The big picture
2024 key trends
Competitive landscape
Retailing developments
What next for consumer electronics?
DISCLAIMER
The following categories and subcategories are included:
Imaging Devices
- Digital Cameras
- Digital Camcorders
Why buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Imaging Devices research and analysis database.
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