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The Australia digital camera market size reached USD 111.70 Million in 2024. The market is expected to grow at a CAGR of 4.60% between 2025 and 2034, reaching almost USD 175.13 Million by 2034.
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Australia Digital Camera Market was valued at USD 337 Million in 2023 and is expected to reach USD 455 million by 2029 with a CAGR of 5.01% during the forecast period.
Pages | 88 |
Market Size | 2023: USD 337 Million |
Forecast Market Size | 2029: USD 455 Million |
CAGR | 2024-2029: 5.01% |
Fastest Growing Segment | Hobbyists |
Largest Market | New South Wales |
Key Players | 1. Canon Inc. 2. Nikon Corporation 3. Sony Group Corporation 4. Panasonic Corporation 5. Olympus Corporation 6. Leica Camera AG 7. Samsung Electronics Co., Ltd. 8. SZ DJI Technology Co., Ltd. 9. Phase One A/S 10. RED Digital Cinema, LLC |
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In 2017, the amount of digital cameras imported into Australia amounted to X units, ascending by X% against the previous year. Overall, digital cameras imports continue to indicate a measured deduction. The pace of growth appeared the most rapid in 2017, when it surged by X% from the previous year. Australia imports peaked of X units in 2010; however, from 2011 to 2017, it stood at a somewhat lower level.In value terms, digital cameras imports totaled $X in 2017.
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Discover the latest trends in the television, video, and digital camera market in Australia, as demand continues to rise. Market performance is expected to accelerate, with a projected growth in both volume and value over the next decade.
Mirrorless Camera Market Size 2025-2029
The mirrorless camera market size is forecast to increase by USD 1.43 billion at a CAGR of 7.5% between 2024 and 2029.
The market is experiencing significant growth, driven by several key trends. New product launches in this segment continue to fuel market expansion, as manufacturers introduce innovative features and advanced technologies. Additionally, the increasing popularity of online retail sales is boosting market growth, as consumers turn to e-commerce platforms for convenience and competitive pricing. Furthermore, the proliferation of smartphones with high-quality cameras is influencing the market, as consumers seek more advanced imaging capabilities. Despite these growth factors, challenges persist, including intense competition and price pressures, which require market players to differentiate themselves through product innovation and strategic pricing. Overall, the market is poised for continued growth, driven by these trends and the evolving needs of consumers.
What will be the Size of the Mirrorless Camera Market During the Forecast Period?
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The market has experienced significant growth in recent years, surpassing DSLR camera sales due to its compact size, improved image quality, and advanced features. Mirrorless cameras utilize electronic viewfinders, providing real-time image previews and enabling features such as burst shooting and high-resolution sensors for exceptional image quality. The rise of social media platforms and vloggers has fueled demand for mirrorless cameras as versatile tools for content creation, particularly in the video domain. The smartphone industry's increasing camera capabilities have intensified competition, pushing mirrorless camera manufacturers to innovate. Autofocus systems have advanced with hybrid autofocus technology and AI capabilities, enhancing focus accuracy and speed. In parallel, the Pro AV Market has also seen a rise in demand for high-quality mirrorless cameras, as they are increasingly integrated into professional audio-visual setups for their exceptional video capture and versatility.
Mirrorless camera products cater to various applications, from travel cameras to full-frame sensors, accommodating diverse photographic needs. Connectivity features, such as Wi-Fi and Bluetooth, enable seamless integration with digital media platforms. Mirrorless lenses and optical assemblies continue to evolve, offering a wide range of focal lengths and image customization options. Overall, the market is poised for continued growth, driven by technological advancements and evolving consumer preferences.
How is this Mirrorless Camera Industry segmented and which is the largest segment?
The mirrorless camera industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
Type
Interchangeable lens
Fixed lens
Distribution Channel
Offline
Online
Geography
APAC
China
India
Japan
South Korea
Europe
Germany
UK
North America
Canada
US
South America
Brazil
Middle East and Africa
By Type Insights
The interchangeable lens segment is estimated to witness significant growth during the forecast period.
Mirrorless interchangeable lens cameras, also known as compact system cameras, offer DSLR-quality images in a more compact design. These cameras, which lack optical viewfinders and utilize LCD screens or electronic viewfinders, support interchangeable lenses and have larger image sensors than compact cameras. Popular models provide features including minimum focusing distances, image-resolving capability, and the ability to create an out-of-focus background. Additionally, mirrorless cameras offer cinematic features, remote control capabilities, and full-frame image sensors. These cameras cater to photographers seeking DSLR-quality images in a more portable package.
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The interchangeable lens segment was valued at USD 1.96 billion in 2019 and showed a gradual increase during the forecast period.
Regional Analysis
APAC is estimated to contribute 50% to the growth of the global market during the forecast period.
Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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The market in APAC held the largest revenue share in 2024, driven by strong manufacturing activities and significant mirrorless camera shipments. This trend is anticipated to continue, with the region's market growth rate outpacing other regions during
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Retailers that sell photographic equipment have been facing challenging conditions. Photographic equipment retailers have struggled because of drops in average camera prices and mounting competition from external players. Online shopping has become increasingly popular, and online-only retailers have been competing with the industry and capturing a greater share of the market. Revenue has been falling at an annualised 4.7% over the past five years through 2023-24 and is set to reach $1.24 billion in the current year. Revenue will drop by 0.1% in the current year, lower consumer sentiment and a dip in income discourages people from investing in expensive photographic equipment. Despite the dip in sales over the past five years, industry profitability has managed to climb, with retailers sourcing more photographic equipment from low-cost overseas manufacturers and benefiting from bulk orders. Shifts in consumer preferences towards alternative technology, like smartphones and tablets, have created difficult trading conditions for photographic equipment retailers, and this trend is set to continue. Most consumers now own smartphones, and their technology has become more advanced over time. The quality of smartphone cameras has ramped up, meaning that many consumers find it convenient to use their phones instead of buying dedicated point-and-shoot cameras. Smartphones like the Google Pixel, also offer AI-integrated capabilities to make editing photos easier for users. Going forward, industry revenue is forecast to climb at an annualised 0.7% to $1.28 billion over the five years through 2028-29. While a hike in discretionary incomes and stronger consumer sentiment will boost consumers' buying power, online-only retailers are set to continue threatening industry sales. Dedicated photographic equipment retailers will continue struggling to capture more market share, instead pivoting their focus to improving their customer service and product knowledge rather than attempting to compete on price.
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Discover the latest market trends in Australia for television, video, and digital cameras as demand continues to rise. Get insights on the expected consumption trend over the next decade with forecasted growth rates and market volume and value projections.
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The widespread adoption of smartphones and digital camera technology by consumers and amateur photographers has weakened demand for the Professional Photographic Services industry over the past few years. The update and development of user-friendly features on many digital and smartphone cameras have stifled spending on photographic services. Restrictions relating to the COVID-19 pandemic in 2019-20 and 2020-21 postponed events like weddings, reducing demand for services like wedding photography. Overall, industry revenue is expected to inch downward at an annualised 0.9% over the five years through 2023-24, to an estimated $1.2 billion. This includes an anticipated revenue rise of 0.3% in 2023-24 as the number of marriages expands, lifting demand for profitable wedding photography packages. The industry is highly fragmented with no service provider controlling a significant market share. Photographic services frequently focus operations on specific geographic or demographic areas, like student photos in schools and child portraitures in shopping centres, or niche areas, like wedding and real estate photography for a particular region. Larger companies more frequently focus on commercial photography projects. The increasing popularity of amateur photography has negatively affected professional photographers. Better accessibility to high-quality digital cameras and smartphones has boosted the number of amateur photographers. This trend has most strongly affected private portraiture photographers, as an increasing number of consumers are taking photos of themselves that they perceive to be of equal quality to expensive professional shots. Despite these difficulties, professional photographers continue to play a vital role in certain markets, like school, wedding, real estate and commercial photography. Experienced photographers with extensive portfolios and a reliable network of clients will be better positioned to retain their position at the top end of the market in the coming years. Innovative service providers will also capitalise on new technology to grow in existing markets or enter new ones, particularly online. Revenue is forecast to grow at an annualised 1.0% over the five years through 2028-29, to $1.2 billion, supported by a hike in the number of weddings and rises in discretionary incomes.
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Discover the latest market trends in television, video, and digital cameras in Australia. Anticipated to experience a steady increase in demand, with market volume expected to reach 7.2M units and market value to reach $1B by 2035.
Instant Cameras And Accessories Market Size 2025-2029
The instant cameras and accessories market size is forecast to increase by USD 466.3 million at a CAGR of 6% between 2024 and 2029.
The Instant Camera and Accessories Market is experiencing significant growth, driven by several key factors. Firstly, the rise in gifting culture, particularly during special occasions and holidays, is fueling demand for instant cameras as they offer a unique and tangible way to capture and share memories. Secondly, the increasing popularity of online retail platforms has made instant cameras and accessories more accessible to consumers worldwide. Thirdly, the proliferation of smartphones and digital cameras has led to a resurgence in interest in instant photography, as consumers seek a break from the digital world and embrace the nostalgic appeal of instant prints.
However, market growth is not without challenges. Intense competition from digital photography and increasing costs of raw materials pose significant threats to market players. To capitalize on opportunities and navigate challenges effectively, companies must focus on innovation, competitive pricing, and strategic partnerships to meet evolving consumer preferences and stay ahead of competitors.
What will be the Size of the Instant Cameras And Accessories Market during the forecast period?
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The market in the United States continues to experience significant activity, driven by the resurgence of interest in analog photography techniques and the desire for tangible, physical photos. This market encompasses a range of products, from instant cameras and film to accessories such as tripods, filters, and carrying cases. Key growth factors include the increasing popularity of experimental photography styles, the integration of advanced features like color balance and ISO sensitivity, and the adoption of modern technologies like Bluetooth connectivity and NFC. Additionally, the market is influenced by trends such as the rise of photography communities, the proliferation of mobile photo apps, and the increasing importance of photo preservation techniques like dye sublimation and inkjet printing.
The market's size is substantial, with ongoing innovation in camera design, ergonomics, and reliability driving consumer demand. Furthermore, photography classes, workshops, and contests continue to attract enthusiasts, while photography influencers and bloggers shape public perception and fuel demand for new and innovative photography trends. Overall, the market for instant cameras and accessories is dynamic and diverse, reflecting the enduring appeal of photography and the ongoing evolution of technology.
How is the Instant Cameras and Accessories Industry segmented?
The instant cameras and accessories industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
Distribution Channel
Online
Offline
Type
Camera
Accessories
Product Type
Retractable lenses
Non-retractable lenses
End-user
Commercial
Individual
Geography
North America
US
Canada
APAC
Australia
China
India
Japan
South Korea
Europe
France
Germany
UK
South America
Middle East and Africa
By Distribution Channel Insights
The online segment is estimated to witness significant growth during the forecast period. The market has witnessed significant growth in recent years, driven by the revival of analog photography and the appeal of instant gratification. This niche market caters to photography enthusiasts, casual photographers, and collectors, offering a range of specialty cameras, film formats, and accessories. Photo albums, art prints, and photo gifting continue to be popular applications for instant pictures. Online photography forums, photography blogs, and camera comparisons provide valuable insights for consumers seeking to make informed purchasing decisions. Event photography, portrait photography, and creative photography are key areas where instant cameras and accessories offer value for money and unique image quality.
Diverse offerings, including Polaroid cameras, Lomo cameras, hybrid instant cameras, and portable photo printers characterize the market. Camera accessories such as camera straps, film cartridges, and flash attachments cater to the customization needs of photography enthusiasts. Smartphone photo printers and selfie cameras have gained popularity, blurring the lines between instant cameras and mobile photography. Instant photo apps and mobile printing services enable users to enjoy instant prints from their smartphones. The market also offers limited edition cameras and film packs, appealing to collectors and those seekin
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Australia CCTV Camera Market was valued at USD 914 Million in 2023 and is expected to reach USD 1,643 Million by 2029 with a CAGR of 10.11% during the forecast period.
Pages | 88 |
Market Size | 2023: USD 914 Million |
Forecast Market Size | 2029: USD 1,643 Million |
CAGR | 2024-2029: 10.11% |
Fastest Growing Segment | Hospitality |
Largest Market | New South Wales |
Key Players | 1. Toshiba Corporation 2. Samsung Electronics Co., Ltd. 3. Sony Corporation 4. Honeywell International Inc. 5. Hangzhou Hikvision Digital Technology Co. Ltd 6. Zhejiang Dahua Technology Co., Ltd 7. Axis Communications AB 8. Bosch Sicherheitssysteme GmbH 9. Hanwha Techwin Co., Ltd. 10. Avigilon Corporation |
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Learn about the forecasted growth of the television, video, and digital camera market in Australia, with an expected increase in market volume and value over the next decade.
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The retail landscape has undergone a substantial digital transformation over the past few years due to the COVID-19 pandemic, which is why the Online Consumer Electronics Sales industry has flourished. Increasing acceptance of online shopping has sustained robust industry growth. Online retailers’ ability to provide products at lower pricepoints than traditional consumer electronics retailers has enabled the industry to better withstand poor economic conditions. Online computer electronic product purchases are considered a cost-effective alternative to purchasing from traditional bricks-and-mortar stores. Yet, weakening consumer sentiment and the cost-of-living crisis have partly restricted consumer demand and expenditure on industry products recently. Falling real household discretionary income has encouraged more bargain seekers and propelled sales of versatile electronics like mobile phones instead of big-ticket items like home entertainment products, boosting industry revenue. Industry revenue is set to climb at an annualised 5.9% over the few years through the end of 2024-25, to $4.5 billion. This trend includes anticipated growth of 1.7% through the end of 2024-25; a more modest result than previous years as consumers become more price-conscious. Retailers have benefited from significant technological change, driving revenue growth. Continued innovation among electronic devices has supported demand. Alongside intense price-based competition, online retailers’ lower operating costs compared to traditional bricks-and-mortar retailers have ensured cost savings for consumers but have diminished operators’ profit as a share of revenue. A rise in industry revenue has prompted traditional retailers like JB Hi-Fi to invest heavily in their online sales channels, boosting their market share. Online-focused retailers like Amazon have invested more in distribution efficiency, resulting in a rapid growth in market share. Overall, revenue is set to rise by an annualised 5.6% over the coming years through the end of 2029-30, to $5.9 billion. Industry participation is set to dip due to more intense price wars, with unprofitable, small-scale retailers exiting the industry. Improved data connectivity and continuous product innovation are poised to facilitate demand for consumer electronics that capitalise on increased data speeds as consumers update their existing hardware. Higher sales volumes of modern technology will likely boost industry profitability.
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In 2024, approx. X units of television, video and digital cameras were exported in Australia and Oceania; dropping by X% on 2023 figures. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2023 when exports increased by X%. The volume of export peaked at X units in 2018; however, from 2019 to 2024, the exports stood at a somewhat lower figure.
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Price for Television, Video and Digital Camera in Australia - 2023. Find the latest marketing data on the IndexBox platform.
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The Australia digital camera market size reached USD 111.70 Million in 2024. The market is expected to grow at a CAGR of 4.60% between 2025 and 2034, reaching almost USD 175.13 Million by 2034.