Smartphone 3D Camera Market Overview
Global Smartphone 3D Camera Market is expected to reach $4.4 billion by 2022, growing at a CAGR of 49.6% from 2016 to 2022. 3D camera in smart phones is an emerging technologies that provide enhanced picture quality and videos to end users. Currently, smart phones are integrated with 3D cameras that can sense movements, while taking pictures and enhance the picture quality. Smartphone 3D camera gains popularity among the young generation due to its attractive features such as real sensing of the object, HD clarity, and improved performance.
Factors that impact the market include growth in adoption of smartphones, compatibility, high price, technological advancements, and availability of myriad features in 3D camera. The growth in trend of posting images and videos has led to the increase in popularity of smartphones 3D camera. Several companies have launched 3D camera smartphones to offer remarkable picture quality and get a competitive edge over other market players. The availability of advanced features in 3D cameras and rapid technological advancements are some of the key drivers of the market. On the contrary, compatibility with all types of smartphones and high price of these products hamper the growth of the global smartphone 3D camera market.
Rapid technological advancements have taken place in the global smart phone 3D camera market. Earlier, 3D technology was introduced only in stand-alone cameras, but they are being integrated in smartphones with the help of technological advancements. This integration has helped smartphone manufacturers to increase their customer base by developing innovative smartphones with 3D cameras to enhance its camera picture quality. Moreover, growth in adoption of smartphones majorly drive the global smartphone 3D camera market. With the increase in demand for smartphones, companies intend to integrate advanced and unique features in their products to attract more users. However, 3D cameras require advanced sensors, high quality lenses, and high configurations, which increase the final price of the deliverables.
The demand for smartphone 3D camera is expected to surge due to heavy investments on the R&D by many key players, such as Toshiba Corporation, Sony Corporation, Microsoft Corporation, Infineon Technologies AG, and others, leading to the improvement in 3D functions quality and efficiency. For instance, in October 2016, Microsoft unveiled a new feature called windows capture 3d experience, which can capture 3D images of objects using the conventional camera on any device. The feature, known as the Windows Capture 3D Experience, lets one to walk around an object to capture it in three dimensions.
The market is segmented on the basis of technology, resolution, and geography.
Based on technology, the market is divided into stereoscopy and time-of-flight. Based on resolution, the market comprises below 8 MP, 8-16 MP and above 16 MP smartphone 3D camera. Furthermore, the market is analyzed based on four regions-North America, Europe, Asia-Pacific, and Latin America, Middle East & Africa (LAMEA).
Value chain analysis
TECHNOLOGICAL ADVANCEMENTS IN SMARTPHONE 3D CAMERA
Technological advancements aimed to improve the picture quality of the smartphone camera drive the market. Several manufactures have adopted 3D technology in smartphone cameras to cater to the growth in requirement of customers for advanced image and gaming quality in the smartphones. These cameras are equipped with depth sensors, which have the capacity to record a quarter million 3D measurements per second and offer real-time 3D modeling of objects.
Top winning strategies: nature and type
The key players of the global smartphone 3D camera market employ novel concepts and ideas, improving manufacturing techniques, and improving the current set of products, besides enhancing their profitability to gain a competitive edge over the other market players.
SMARTPHONE 3D CAMERA MARKET KEY BENEFITS
Comprehensive analysis of the current and future trends in the global smartphone 3D camera market are provided
The report offers a competitive scenario of the market and elucidates on the growth trends, driving factors, scope, opportunities, and challenges
The report includes a comprehensive analysis of the key segments to provide insights on the market dynamics
Porter’s Five Forces analysis highlights the potential of buyers and suppliers as well as provides insights on the competitive structure of the market to devise effective growth strategies and facilitate better decision-making
Value chain analysis provides key inputs on the role of stakeholders involved at various stages
SMARTPHONE 3D CAMERA MARKET KEY SEGMENTATION
The market is segmented based on technology, resolution, and geography.
MARKET PLAYERS IN VALUE CHAIN
Infineon Technologies AG
SoftKinetic Systems S.A.
PMD Technologies AG
Samsung Electronics Limited
LG Electronics Inc.