How Big Is the Camera Market | Trends 2031

Q: How big is the camera market?

The camera market was estimated at USD 15 billion in 2024 and is projected to reach USD 24 billion by 2031.

Q: What is driving the growth of the camera market?

Content creation, surveillance demand, and innovation in imaging technology are driving growth.

Q: Who are the top players in the camera market?

Canon, Sony, Nikon, GoPro, and Panasonic lead the global camera industry.

Q: What is the growth rate of this market?

The market is projected to expand its landscape at a significant CAGR of 8.1%.

Q: How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

Q: Do you also provide customisation in the market study?

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Code: MTA5556

Publication Date: Jul 2025

What is the size of the Camera Market?

According to 6Wresearch internal database and industry insights, the Global Cameras Market was valued at USD 35 Billion in 2024 and is expected to reach USD 50.06 Billion by 2031, growing at a compound annual growth rate of 5.60% during the forecast period (2025-2031).

Due to increasing demand from professional photography, vlogging, surveillance, automotive applications, and advancements in imaging technology, the market is predicted for the growth in the coming years.

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Key Growth Factors of the Camera Market

Increasing content creation and influencer-driven demand
Growth in surveillance, automotive, and industrial imaging
Technological innovation in mirrorless, action, and 360-degree cameras
Rising use of high-end cameras in media, sports, and healthcare
Integration of AI and connectivity features in modern cameras

Camera Market Trends

The camera market is moving forward with the rising shift towards the compact, lightweight, and connected devices suited for social media creators and vloggers. Also, the mirrorless cameras are increasingly preferred over DSLRs due to faster performance and portability. Other notable trend in dual- and multi-lens integration in smartphones, influencing the innovation across the dedicated camera space as well.

Emerging Developments in the Camera Market

Camera market is growing over the years with developments in AI-powered cameras with subject tracking, auto-scene detection, and cloud sync are gaining ground. 360-degree and VR-ready cameras are opening new avenues in immersive content. Furthermore, thermal imaging and night-vision capabilities are being enhanced for defence, automotive, and industrial applications.