Retail volume sales of imaging devices in Singapore are forecast to decline at a CAGR of 8% over the forecast period, reaching 38,000 units by 2030. Declines are anticipated for both digital cameras and digital camcorders.
Although overall demand for imaging devices in Singapore is forecast to decline, technological advancements are expected to create new opportunities in specific segments. Recent innovations, such as AI-powered auto-focus, real-time subject tracking, and enhanced low-light performance, are setting high-end digital cameras apart from smartphones.
Looking ahead, innovation in imaging devices in Singapore is expected to focus on enhancing the user experience and appealing to niche consumer groups. A notable trend emerging is the resurgence of early-generation digital cameras, driven by Gen Z consumers, who are increasingly seeking a retro aesthetic and a more deliberate approach to photography.
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Understand the latest market trends and future growth opportunities for the Imaging Devices industry in Singapore 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 Singapore, 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.
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