The market for imaging devices in South Korea is set to decline further in volume terms over the forecast period. This fall will be due to increasing pressure from smartphones, which are now the devices of choice for taking photos and videos for the majority of consumers.
While demand for digital camcorders is also set to decline over the forecast period, this drop will not be as significant as for digital cameras. Demand for rugged and versatile digital camcorders is expected to continue, driven by the needs of adventure enthusiasts and content creators.
The future of digital imaging devices lies in the integration of AI and connectivity features. AI-driven enhancements, such as automatic scene detection, real-time editing, and facial recognition, are set to transform how users interact with their cameras.
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Understand the latest market trends and future growth opportunities for the Imaging Devices industry in South Korea 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 South Korea, 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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