Smartphone 3D camera market worth $9,280.1 million, by 2025 at 42.3% CAGR, by Allied Market Research

January 15, 2019January 15, 2019 GaryPageau

Rise in adoption of smartphones, technological advancements in the smartphone industry, and myriad applications of smartphone 3D cameras are expected to propel the growth of the smartphone 3D camera market

Allied Market Research published a report, titled, “Smartphone 3D Camera Market by Technology (StereoscopicCamera and Time-of-Flight (TOF)), and Resolution (Below 8 MP, 8-16 MP, and Above 16 MP): Global Opportunity Analysis and Industry Forecast, 2018–2025“. The report offers detailed analyses of the driving forces & opportunities, major market segments, top investment pockets, key player positioning, and competitive landscape. According to the report, the global smartphone 3D camera market was pegged at $560.5 million in 2017 and is projected to reach $9,280.1 million by 2025, growing at a CAGR of 42.3% during 2018-2025.

Increase in penetration of smartphones across all strata of the society coupled with rapid technological advancements to introduce new features and utilities in smartphones drive the growth of the global smartphone 3D camera market. However, incompatibility issues of 3D camera with different types of smartphones and high cost of hardware and software hamper the market growth. On the contrary, myriad features and applications of smartphone 3D camera are expected to create lucrative opportunities for the market players in the near future.

Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/715

Stereoscopic camera segment to retain largest share through 2025

The stereoscopic camera segment dominated the market in terms of revenue in 2017, contributing about three-fifths share of global market revenue, owing to its faster response time for capturing 3D images. However, the time-of-flight (TOF) segment is expected to manifest the fastest CAGR of 43.8% during the forecast period, owing to its high scalability and ability to capture accurate, real-time 3D images with high clarity and sensitivity.

Smartphone 3D cameras with 16MP and above resolution to manifest fastest growth through 2025

The above 16MP resolution segment is expected to register the fastest CAGR of 46.4% during the forecast period, as several market players like LG have been conducting R&D activities for introducing 3D cameras with more than 16MP so as to obtain high clarity photos alongside offering other advanced features such as dust-proofing, waterproofing, and shock proofing features in their product offerings. However, the 8-16MP segment held the largest share in 2017, contributing about three-fifths of total market revenue and is expected to continue its dominance throughout the study period. The report also analyzes the below 8MP smartphone 3D camera segment.

For Purchase Enquiry: https://www.alliedmarketresearch.com/purchase-enquiry/715

Asia-Pacific region to create remunerative opportunities through 2025

Asia-Pacific accounted for about two-fifths share of the total market and is projected to retain its dominance throughout the forecast period, owing to high adoption of 3D camera smartphones and rapid advancements in technologies that are aimed at improving customer experience in the region. Moreover, the region is projected to grow at the fastest CAGR of 43.5% during the forecast period due to the growing adoption of 3D camera smartphones for various purposes such as entertainment, gaming, and augmented reality. The other regions analyzed in the report include North America, Europe, and Latin America, Middle East and Africa (LAMEA).

Torchbearers of the market

The key market players analyzed in the report include Sharp Corporation, Sony Inc., Toshiba Group, Soft Kinetic Systems S.A., Pelican Imaging, Leica AG, Infineon Technologies AG, Microsoft Corporation, PMD Technologies, and Samsung Electronics Limited.

Access KNOWLEDGE TREE (Premium on-demand, subscription-based pricing model) at: https://www.alliedmarketresearch.com/knowledgetree

Knowledge tree is a cloud-based intelligence platform that offers more than 2,000 selective, off-the-shelf reports on niche markets to enable our clients gain deep insights on the latest trends, dynamic technologies, and emerging application areas.

Ultra-Secure Smartphone Market – Global Opportunity Analysis and Industry Forecast, 2018 – 2025

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.