India Digital Camera Market
| Product Code: ETC000178 | Publication Date: Jul 2014 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | ||
India Digital Camera Market which was previously dominated by Point & Shoot segment is now experiencing an inclination towards DSLR cameras. This shift is primarily a result of reducing the cost of DSLRs as well as rising income levels and technological advancements in smartphones and Tablets.
According to 6Wresearch, India Digital Camera Market annual shipments reached 1.99 Million units registering a substantial decline of 34% in H2 over H1 2014. NIKON continues to dominate the overall market followed by CANON in DSLR whereas SONY in Point & Shoot segment.
India digital camera market is anticipated to gain traction in the coming years on the back of the rising growth of the rising media and entertainment sector hence the demand for digital camera is increasing to capture the live incidents coupled with the entertainment industry considered as the top sector for the growth of the digital camera which is expected to bolster the growth of the digital camera market in the years ahead. Moreover, the growing trend of vlogging nowadays being the top reason for the increase in the demand for digital cameras and is estimated to boost the growth of the Indian digital camera market in the coming timeframe.
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