Middle East and Africa Digital Camera Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Compact Digital Camera, Bridge Camera, DSLR Camera, Mirrorless Camera, Digital Rangefinder Camera, and Line-Scan Camera) and End user (Personal and Professional)
Market Introduction
The digital camera market in the MEA is further segmented into South Africa, Saudi Arabia, and the UAE. The swift growth of the consumer electronics industry in the region is attributed to factors such as robust economic growth, strong consumer demand in Gulf countries, and high spending potential. A substantial rise in industry and marketing is also projected in the region, boosting the growth of a variety of sectors. Consumer electronics, including as smartphones and tablets, have become a necessity rather than a luxury in this region. Because As the majority of people in the MEA own these devices, the average amount of time spent on surfing has increased. As a result, platforms like such as YouTube, Facebook, and Instagram have become incredibly successful in these countries, and are attracting a lot of competition from content makers. Photo and video sharing services are one of among the most popular features of social media networks. Instagram is the most popular social media network for posting images, and YouTube is the most popular site for sharing videos. Influencers gain attention, establish loyalty, communicate important information, and enhance interaction by using relevant photos on social media. More followers are gained by using high-quality content such as images and videos on social media platforms helps them achieve greater follower base. Professionals employ mirrorless cameras and other technologically advanced technology equipment. Mirrorless cameras noted for catch eye due to their compact size and high image quality. The image captured by the sensor in these cameras’ filters light directly through the lens rather than being reflected in a mirror. Mirrorless cameras also have better lenses for collecting images at varied focal lengths, allowing for stunning images from a variety of perspectives and increased zoom capabilities.
In the MEA region, Iran, Saudi Arabia, Qatar, South Africa, and UAE are some of the major countries with high number of COVID-19 confirmed cases and deaths. The MEA region comprises of many growing economies which are prospective markets for digital camera vendors. The demand for consumer electronics is growing at an impressive pace in this region and thus it is expected to offer ample growth opportunities for digital camera market in the coming years. However, the COVID-19 pandemic is having significant effects on various economies and the economy of MEA region is also anticipated to get affected by this crisis.
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Market Overview and Dynamics
The digital camera market in MEA is expected to grow from US$ 410.69 million in 2021 to US$ 506.61 million by 2028; it is estimated to grow at a CAGR of 3.0% from 2021 to 2028. Growing applications of digital cameras in entertainment, media, and sports industries; The use of digital cameras has not just been limited to personal and professional photography, but has been extended across entertainment, media, and sports industries. The film industry is one of the largest and most lucrative categories in the entertainment industry. Rapid technological changes, consumer behavior, and business models have changed the way consumers want to experience and pay for entertainment and the media. The leaders in this industry are concentrating on building fan-focused businesses and brands to produce outstanding content. As a result, they invest a significant amount on technologies and equipment such as computer-generated image (CGI) and visual effects (VFX), as well as advanced cameras. Also, there is indispensable use of digital cameras in sports media. The installation of high speed and digital cameras at stadium offers spectators to see slow motion replays at critical game situations and helps obtain accuracy while watching. Similarly, the use of high-resolution digital cameras in wildlife, landscape, architecture, and studio photography helps obtain sharp and crisp images and videos. The rising focus toward action photography has subsequently promoted the demand for compact digital cameras, such as GoPro. Further, social media platforms, such as Instagram, have substantially expanded the scope for photography, which, in turn is expected to proliferate the growth of the digital camera market.
Key Market Segments
In terms of type, the digital single lens reflex (DSLR) segment accounted for the largest share of the MEA digital camera market in 2020. In terms of end user type, the professional segment held a larger market share of the digital camera market in 2020.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the digital camera market in MEA are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Canon Inc; Eastman Kodak Company; FUJIFILM Holdings Corporation; Hasselblad; Leica Camera AG; Nikon Corporation; OM Digital Solutions Corporation; Panasonic Corporation; RICOH IMAGING COMPANY, LTD.; Sony Corporation; are among others.
Reasons to buy report
- To understand the MEA digital camera market landscape and identify market segments that are most likely to guarantee a strong return
- Stay ahead of the race by comprehending the ever-changing competitive landscape for MEA digital camera market
- Efficiently plan M&A and partnership deals in MEA digital camera market by identifying market segments with the most promising probable sales
- Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form MEA digital camera market
- Obtain market revenue forecast for market by various segments from 2021-2028 in MEA region.
MEADIGITAL CAMERA MARKET SEGMENTATION
By Type
- Compact Digital Camera
- Bridge Camera
- DSLR Camera
- Mirrorless Camera
- Digital Rangefinder Camera
- Line-Scan Camera
By End User
- Personal
- Professional
By Country
- South Africa
- Saudi Arabia
- UAE
- Rest of MEA
Company Profiles
- Canon Inc
- Eastman Kodak Company
- FUJIFILM Holdings Corporation
- Hasselblad
- Leica Camera AG
- Nikon Corporation
- OM Digital Solutions Corporation
- Panasonic Corporation
- RICOH IMAGING COMPANY, LTD.
- Sony Corporation
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 MEA Digital Camera Market – By Type
1.3.2 MEA Digital Camera Market – By End User
1.3.3 MEA Digital Camera Market- By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. MEA Digital Camera Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 Middle East and Africa
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. MEA Digital Camera Market – Key Market Dynamics
5.1 Key Market Drivers
5.1.1 Increase in Demand for Lightweight and High-Quality Digital Cameras
5.1.2 Growing Applications of Digital Cameras in Entertainment, Media, and Sports Industries
5.2 Market Restraints
5.2.1 Introduction of Premium Smartphones and High Cost associated with the Digital Cameras
5.3 Market Opportunities
5.3.1 Growing Demand for Mirrorless Cameras
5.4 Future Trends
5.4.1 Technological Progress Associated with Digital Cameras
5.5 Impact Analysis of Drivers and Restraints
6. Digital Camera Market – MEA Analysis
6.1 Digital Camera Market MEA Overview
6.2 MEA Digital Camera Market – MEA Revenue and Forecast to 2028 (US$ Million)
7. MEA Digital Camera Market Analysis – By Type
7.1 Overview
7.2 MEA Digital Camera Market Revenue Breakdown, By Type, 2020 and 2028
7.3 Compact Digital Camera
7.3.1 Overview
7.3.2 Compact Digital Camera: MEA Digital Camera Market, Revenue and Forecast to 2028 (US$ Million)
7.4 Bridge Camera
7.4.1 Overview
7.4.2 Bridge Camera: MEA Digital Camera Market- Revenue and Forecast to 2028 (US$ Million)
7.5 Digital Single Lens Reflex (DSLR) Camera
7.5.1 Overview
7.5.2 DSLR Camera: MEA Digital Camera Market- Revenue and Forecast to 2028 (US$ Million)
7.6 Mirrorless Camera
7.6.1 Overview
7.6.2 Mirrorless Camera: MEA Digital Camera Market- Revenue and Forecast to 2028 (US$ Million)
7.7 Digital Rangefinder Camera
7.7.1 Overview
7.7.2 Digital Rangefinder Camera: MEA Digital Camera Market- Revenue and Forecast to 2028 (US$ Million)
7.8 Line-Scan Camera
7.8.1 Overview
7.8.2 Line-Scan Camera: MEA Digital Camera Market- Revenue and Forecast to 2028 (US$ Million)
8. MEA Digital Camera Market Analysis– By End User
8.1 Overview
8.2 MEA Digital Camera Market Breakdown, By End User, 2020 and 2028
8.3 Personal
8.3.1 Overview
8.3.2 Personal: MEA Digital Camera Market- Revenue and Forecast to 2028 (US$ Million)
8.4 Professional
8.4.1 Overview
8.4.2 Professional: MEA Digital Camera Market- Revenue and Forecast to 2028 (US$ Million)
9. MEA Digital Camera Market – Country Analysis
9.1 Overview
9.1.1 MEA Digital Camera Market, Revenue and Forecast to 2028 (US$ Mn)
9.1.2 MEA Digital Camera Market Breakdown, By Country
9.1.2.1 Saudi Arabia Digital Camera Market, Revenue and Forecast to 2028 (US$ Mn)
9.1.2.1.1 Saudi Arabia Digital Camera Market Breakdown, by Type
9.1.2.1.2 Saudi Arabia Digital Camera Market Breakdown, by End User
9.1.2.2 UAE Digital Camera Market, Revenue and Forecast to 2028 (US$ Mn)
9.1.2.2.1 UAE Digital Camera Market Breakdown, by Type
9.1.2.2.2 UAE Digital Camera Market Breakdown, by End User
9.1.2.3 South Africa Digital Camera Market, Revenue and Forecast to 2028 (US$ Mn)
9.1.2.3.1 South Africa Digital Camera Market Breakdown, by Type
9.1.2.3.2 South Africa Digital Camera Market Breakdown, by End User
9.1.2.4 Rest of MEA Digital Camera Market, Revenue and Forecast to 2028 (US$ Mn)
9.1.2.4.1 Rest of MEA Digital Camera Market Breakdown, by Type
9.1.2.4.2 Rest of MEA Digital Camera Market Breakdown, by End User
10. MEA Digital Camera Market- COVID-19 Impact Analysis
10.1 Overview: Impact Assessment of COVID-19 Pandemic
10.2 Middle East and Africa
11. Industry Landscape
11.1 Overview
11.2 Product Launch
11.3 Business Planning and Strategy
11.4 Collaboration
12. Company Profiles
12.1 Canon Inc.
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Eastman Kodak Company
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 FUJIFILM Holdings Corporation
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Nikon Corporation
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Panasonic Corporation
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Sony Corporation
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Leica Camera AG
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 OM Digital Solutions Corporation
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Hasselblad
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 RICOH IMAGING COMPANY, LTD.
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary
LIST OF TABLES
Table 1. MEA Digital Camera Market – Revenue and Forecast to 2028 (US$ Million)
Table 2. MEA Digital Camera Market, Revenue and Forecast to 2028 – By Country (US$ Mn)
Table 3. Saudi Arabia Digital Camera Market, Revenue and Forecast to 2028 – By Type (US$ Mn)
Table 4. Saudi Arabia Digital Camera Market, Revenue and Forecast to 2028 – By End User (US$ Mn)
Table 5. UAE Digital Camera Market, Revenue and Forecast to 2028 – By Type (US$ Mn)
Table 6. UAE Digital Camera Market, Revenue and Forecast to 2028 – By End User (US$ Mn)
Table 7. South Africa Digital Camera Market, Revenue and Forecast to 2028 – By Type (US$ Mn)
Table 8. South Africa Digital Camera Market, Revenue and Forecast to 2028 – By End User (US$ Mn)
Table 9. Rest of MEA Digital Camera Market, Revenue and Forecast to 2028 – By Type (US$ Mn)
Table 10. Rest of MEA Digital Camera Market, Revenue and Forecast to 2028 – By End User (US$ Mn)
Table 11. Glossary of Terms, MEA Digital Camera Market
LIST OF FIGURES
Figure 1. MEA Digital Camera Market Segmentation
Figure 2. MEA Digital Camera Market Segmentation – By Country
Figure 3. MEA Digital Camera Market Overview
Figure 4. DSLR Camera Held the Largest Market Share in 2020
Figure 5. Professional End User Held the Largest Market Share in 2020
Figure 6. Rest of MEA was the Largest Revenue Contributor in 2020
Figure 7. Middle East and Africa – PEST Analysis
Figure 8. MEA Digital Camera Market– Ecosystem Analysis
Figure 9. Expert Opinion
Figure 10. MEA Digital Camera Market: Impact Analysis of Drivers and Restraints
Figure 11. MEA Digital Camera Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12. MEA Digital Camera Market Revenue Share, by Type (2020 and 2028)
Figure 13. Compact Digital Camera: MEA Digital Camera Market- Revenue and Forecast to 2028 (US$ Million)
Figure 14. Bridge Camera: MEA Digital Camera Market- Revenue and Forecast to 2028 (US$ Million)
Figure 15. DSLR Camera: MEA Digital Camera Market- Revenue and Forecast to 2028 (US$ Million)
Figure 16. Mirrorless Camera: MEA Digital Camera Market- Revenue and Forecast to 2028 (US$ Million)
Figure 17. Digital Rangefinder Camera: MEA Digital Camera Market- Revenue and Forecast to 2028 (US$ Million)
Figure 18. Line-Scan Camera: MEA Digital Camera Market- Revenue and Forecast to 2028 (US$ Million)
Figure 19. MEA Digital Camera Market Breakdown, By End User, 2020 and 2028 (%)
Figure 20. Personal: MEA Digital Camera Market- Revenue and Forecast to 2028 (US$ Million)
Figure 21. Professional: MEA Digital Camera Market- Revenue and Forecast to 2028 (US$ Million)
Figure 22. MEA Digital Camera Market, Revenue and Forecast to 2028 (US$ Mn)
Figure 23. MEA Digital Camera Market Breakdown, By Country, 2020 & 2028 (%)
Figure 24. Saudi Arabia Digital Camera Market, Revenue and Forecast To 2028 (US$ Mn)
Figure 25. UAE Digital Camera Market, Revenue and Forecast To 2028 (US$ Mn)
Figure 26. South Africa Digital Camera Market, Revenue and Forecast To 2028 (US$ Mn)
Figure 27. Rest of MEA Digital Camera Market, Revenue and Forecast To 2028 (US$ Mn)
Figure 28. Impact of COVID-19 Pandemic in Middle East and Africa Country Markets
- Canon Inc
- Eastman Kodak Company
- FUJIFILM Holdings Corporation
- Hasselblad
- Leica Camera AG
- Nikon Corporation
- OM Digital Solutions Corporation
- Panasonic Corporation
- RICOH IMAGING COMPANY, LTD.
- Sony Corporation
- To understand the MEA digital camera market landscape and identify market segments that are most likely to guarantee a strong return
- Stay ahead of the race by comprehending the ever-changing competitive landscape for MEA digital camera market
- Efficiently plan M&A and partnership deals in MEA digital camera market by identifying market segments with the most promising probable sales
- Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form MEA digital camera market
- Obtain market revenue forecast for market by various segments from 2021-2028 in MEA region