According to a new market research report published by Credence Research “Digital Camera  (Communication Systems, Surveillance Systems and Navigation Systems) Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 - 2022” the global Digital Camera market was valued at US$ 2,508.6 Mn in 2014 and is estimated to expand with a CAGR of 9.5% from 2015 to 2022.

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Over the recent years, the global digital camera market has been witnessing a negative growth. This can be accredited to factors like excessive competition from digital devices, stagnant demand in the developed regions and emergence of rental system.

Digital camera refers to a multimedia device which stores a photograph in the digital format. It comprises of an inbuilt or attached view-finder screen which helps in displaying the image or video captured. In ... Read more