DUBLIN — (BUSINESS WIRE) — November 30, 2017 — The "Computational Photography Market - Global Forecast to 2023" report has been added to Research and Markets' offering.
The computational photography market is expected to grow from USD 2.47 Billion in 2017 to USD 11.47 Billion by 2023 at a CAGR of 29.14% between 2017 and 2023.
The growth of the computational photography market is attributed to the increasing resolution and complexity of image sensors for better image quality, increased application of software-based imaging technique in machine vision, growth in 4K pixel, and ultra HD technologies.
Smartphone camera held a major share of the computational photography market based on application in 2016. The computational photography market for smartphone camera is witnessing major changes. Computational cameras have a high impact on the smartphone market. The smartphone customers prefer the handsets which exhibit better camera quality and advanced camera features. The smartphones manufacturers are, thus, focusing on enhancing the cameras embedded in their smartphones. The companies mainly focus on advancing the image sensors, optics, and camera modules. In October 2017, Google announced its Pixel 2 and Pixel 2 XL smartphones that support the computational photography feature.
The computational photography market for standalone camera is expected to grow at the highest CAGR between 2017 and 2023. Computational photography is a comparatively new technology, with a lucrative growth potential owing to the growing demand for innovation in the markets for standalone camera across the globe. Light Labs (US) has recently launched a standalone camera with the computational imaging capabilities. Moreover, the major camera providers, such as Nikon (Japan) and Canon (Japan), are expected to enter into this market during the forecast period.
Companies Mentioned
- Affinity Media
- Algolux
- Almalence
- Alphabet
- Apple
- Canon
- Corephotonics
- Dxo Labs
- Htc
- Light
- Lytro
- Movidius
- Nikon
- Nvidia
- On Semiconductors
- Pelican Imaging
- Qualcomm Technologies
- Samsung Electronics
- Sony
- Xperi
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Computational Photography Market, By Application
7 Computational Photography Market, By Type
8 Computational Photography Market, By Offering
9 Geographic Analysis
10 Competitive Landscape
11 Company Profiles
12 Appendix
For more information about this report visit https://www.researchandmarkets.com/research/9nvfcz/computational
View source version on businesswire.com: http://www.businesswire.com/news/home/20171130005495/en/
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