Smartphone 3D Camera Market: A Snapshot

3D cameras are emerging technologies in smartphones and are expected to enable a wide-range of applications in the near future. 3D cameras with the help of AI can sense movements, and capture better qualities pictures. Additionally, the depth provided by these cameras can also enhance important features like facial recognition and open new venues of opportunities. Various smartphone makers are integrating the 3D camera technology to make ways for new data integration and more commercial opportunities. The rising demand for enhanced camera qualities and the ability of this feature to drive smartphone sales are expected to drive significant opportunities for players in the smartphone 3D camera market.

Smartphone 3D camera Market Drives Growth of Applications

3D cameras are expected to provide major boost to various applications like document scanning, recreation of images, biometric security, and ultimately AI. The major investment in AI by large tech giants like Google, Facebook, and Apple are expected to drive significant growth for the smartphone 3D camera market. Moreover, the on-going-race from companies to capture real-time information on users for providing a better end-experience is also expected to drive growth in the smartphone 3D camera market. Smartphone 3D cameras will provide better depth perception which can track movements and help trends like smart cities. The investment in this technology can also drive trends like IoV wherein tracking movement and interconnectivity with other applications are essential for traffic management.

5G Promise Significant Opportunities for Growth

5G technology is already introduced across China. The technology installation is stalled in European countries due to on-going trade disputes. However, countries like Germany have shown positive response to installation of 5G technology in the near future. The growth of 5G is promising for players in the smartphone 3D camera market as the technology will lead to large investments in trends like Internet of Vehicles and other smart city initiatives.

Global Smartphone 3D Camera Market: Introduction

The global smartphone 3D camera market is witnessing a significant change in its market dynamics. The continuous updation in technology and the rising disposable income of consumers, enabling them to own expensive gadgets, are boosting the growth of this market, remarkably.

In this research report, the global smartphone 3D camera market has been thoroughly evaluated, using quantitative and qualitative assessment techniques. It has estimated the market’s performance over the period from 2019 to 2027 on the basis of the key trends and market dynamics. It also offers precise evaluations of the main segments and each of the regional markets for smartphone 3D camera across the world.

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Global Smartphone 3D Camera Market: Notable Developments

  • Recently, Sony Electronics integrated 3D imaging capabilities into its handy cams.
  • Samsung is expected to launch first 5G smartphone in a few months. The company has named it Galaxy S10 5G. It will be able to connect to the next-generation wireless network and will feature a quadruple camera setup, which includes a 3D depth camera.

SoftKinetic, Sharp Corp., Toshiba, PMD, Infineon Technologies, Microsoft, and Pelican are some of the leading smartphone 3D camera manufacturers across the world. These companies are primarily focusing on the upgradation of their current product portfolio by integrating them with latest technologies. These companies are also involved in mergers, acquisitions, and partnerships with regional participants in a bid to strengthen their market presence. Going forward, they are likely to expand their bases in developing economies in the years to come. Nikon, Cannon, and Panasonic are some of the other players in the smartphone 3D camera market across the world.

Global Smartphone 3D Camera Market Dynamics

The global smartphone 3D camera market is demonstrating a strong growth, thanks to the augmenting requirement of 3D camera in the entertainment and media industries. This industry has been experiencing a high demand for 3D content. Apart from this, the increasing application of 3D imaging in security surveillance, home automation, and mobile robots is also boosting the demand for smartphone 3D cameras across the world. Researchers expect this scenario to remain so over the next few years, reflecting positively on the worldwide smartphone 3D camera market. In the coming years, this surge in the demand for the 3D smartphones is likely to boost the application of 3D technology significantly.

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Asia Pacific to Surpass North America

The global smartphone 3D camera market reports its presence mainly across North America, Asia Pacific, Latin America, Europe, and the Middle East and Africa. Hitherto, North America has been leading the worldwide smartphone 3D camera market. The early uptake of technologies in this region is the main factor behind the supremacy of the North America smartphone 3D camera market. The availability of advanced infrastructure and the presence of leading players have also been supporting the growth of this regional market. However, Asia Pacific is anticipated to surpass North America in the near future and capture the leading position. The extensive application of the smartphones among consumers in Asian economies, such as India and China, is projected to boost the growth of the Asia Pacific smartphone 3D camera market over the next few years. Other regional markets are also predicted to witness a decent hike in their valuation in the years to come.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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