LONDON--(BUSINESS WIRE)--The dual lens camera smartphone market is expected to grow by 1.24 billion units, decelerating at a CAGR of over 19% during the forecast period.
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The growing popularity of social networking applications is one of the major factors propelling market growth. However, factors such as high power consumption lowers battery life will hamper the market growth.
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Dual Lens Camera Smartphone Market: Price Landscape
A premium-range dual lens smartphone is defined as one in which the dual lens camera is priced above $400. Premium-range dual lens smartphones are integrated with high-quality, dual lens cameras that offer high-quality images; this is because they include features like optical image stabilization (OIS), larger sensors, bright lenses, and even optical zoom are better for photography. Market growth in this segment will be faster than the growth of the market in the medium range and lower range segment.
Dual Lens Camera Smartphone Market: Geographic Landscape
APAC was the largest dual lens camera smartphone market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. Owing to the exponentially increasing growth of the smartphones market in the emerging economies including China and India, the region will significantly influence dual lens camera smartphone market growth in this region over the forecast period. 57% of the market’s growth will originate from APAC during the forecast period. China and India are the key markets for dual lens camera smartphones in APAC.
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Companies Covered:
- Apple Inc.
- ASUSTeK Computer Inc.
- HTC Corp.
- Huawei Investment & Holding Co. Ltd.
- Lenovo Group Ltd.
- LG Electronics Inc.
- Nokia Corp.
- Panasonic Corp.
- Samsung Electronics Co. Ltd.
- Xiaomi Corp.
What our reports offer:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers market data for 2019, 2020, until 2024
- Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Key Topics Covered:
Executive Summary
Market Landscape
- Market ecosystem
- Market Characteristics
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Five force summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Price
- Market segments
- Comparison by Price
- Premium range - Market size and forecast 2019-2024
- Medium range - Market size and forecast 2019-2024
- Low range - Market size and forecast 2019-2024
- Market opportunity by Price
Customer landscape
- Overview
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2019-2024
- North America - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Apple Inc.
- ASUSTeK Computer Inc.
- HTC Corp.
- Huawei Investment & Holding Co. Ltd.
- Lenovo Group Ltd.
- LG Electronics Inc.
- Nokia Corp.
- Panasonic Corp.
- Samsung Electronics Co. Ltd.
- Xiaomi Corp.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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