The global smartphone 3D camera market is anticipated to record a CAGR of 32.17% during the forecast period, 2020-2028

The prominent drivers of market growth include, growing demand for high quality images, growing social media industry, and the rising penetration of smartphones. MARKET INSIGHTS

| Source: ReportLinker ReportLinker

New York, Feb. 18, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "GLOBAL SMARTPHONE 3D CAMERA MARKET FORECAST 2020-2028" - https://www.reportlinker.com/p05228622/?utm_source=GNW
A 3D camera is an imaging device that is capable of providing depth perception in images similar to that of experience in human binocular vision. 3D cameras are essential components when it comes to capturing a high quality 3D visual of an object. As a result, 3D cameras find extensive applications in scene recording in terms of movies and games, home automation management, industrial activity monitoring, etc. There is a growing demand for 3D content in the entertainment industry.
The increasing demand for high quality images is one of the key drivers of the global 3D smartphone market growth.The technological advancements have led to changes in visual application and high resolution images.

The trending practice of posting images and videos has increased the popularity of smartphone 3D cameras.The flourishing virtual reality applications are set to provide lucrative market growth opportunities for the market players.

However, the high costs involved is a restraining factor for market growth. The continuous technological advancements, and the investment for the development of new products by the market players, are estimated to result in a highly competitive environment in the global market.

REGIONAL INSIGHTS
The global smartphone 3D camera market is geographically segmented into North America, Europe, Asia Pacific, and the Rest of the World.The North America market region dominated the market in terms of market revenue share in 2019.

The trend is set to be uniform throughout the forecast period. The main factor influencing the market growth is the large-scale use of smartphone 3D cameras for business and personal purposes.

COMPETITIVE INSIGHTS
Some of the eminent market players registering their presence through key strategies in the market include, Sony Corporation, PMD Technologies GmbH, Sharp Corporation, Faro, Microsoft Corporation, etc.

Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation cater to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

Companies mentioned
1. FARO
2. PMD TECHNOLOGIES GMBH
3. SHARP CORPORATION
4. SONY CORPORATION
5. MICROSOFT CORPORATION
6. TOSHIBA CORPORATION
7. INTEL
8. OMNIVISION
9. INFINEON TECHNOLOGIES AG
10. MATTER AND FORM INC.
11. SAMSUNG ELECTRONICS INC.
12. LUCID VISION LABS
13. QUALCOMM INCORPORATED
14. LEICA CAMERA AG
15. XPERI
Read the full report: https://www.reportlinker.com/p05228622/?utm_source=GNW

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