Due to the dominant role of smartphones and their ever-improving photo and video capabilities, demand for imaging devices is set to keep declining in the forecast period, although at a much slower pace compared to the review period. Imaging devices are no longer must-have items for the average consumer.
Mirrorless system cameras are expected to increasingly dominate digital cameras in Austria in the forecast period at the cost of SLR cameras. Meanwhile fixed lens cameras are anticipated to become even more of a niche due to their lack of advantages over smartphone cameras.
Volume sales decline in camcorders is also likely to accelerate in the forecast period. The saturation in action cams and the relatively long replacement cycles will have a negative impact, while other camcorders will remain a niche.
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Understand the latest market trends and future growth opportunities for the Imaging Devices industry in Austria with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Imaging Devices industry in Austria, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Imaging Devices
This report originates from Passport, our Imaging Devices research and analysis database.
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