Imaging devices in India is set to maintain its trend of double-digit retail volume decline in 2024. High smartphone penetration in India, with over 150 million units sold in 2024, and over 80% household ownership, according to Euromonitor International’s Economies and Consumers data, has significantly negatively impacted imaging devices. Even entry-level smartphones now boast multi-camera systems, high-resolution sensors, and features such as night mode, time-lapse, and slow motion, blurring th

2023 witnessed a surprising return to growth for imaging devices in Brazil in retail volume terms, and this trend is set to be maintained in 2024, thanks to growth for digital cameras, and a slower decline for digital camcorders. While smartphones continues to dominate when it comes to taking photos and recording video, the growing consumer interest in nostalgic products has carved out a unique space for imaging devices. This trend particularly appeals to Gen Z, many of whom are drawn to the ret

Imaging devices, both digital cameras and digital camcorders, are set to continue to decline in retail volume terms in Germany in 2024. This can mainly be attributed to the substitution by smartphone cameras. As smartphones have become an indispensable device in everyday life, and come with a built-in camera, there is no need to purchase an extra device to take pictures, which aligns with the general consumer reluctance to buy anything that is deemed unnecessary in order to save money; instead i

Sales of imaging devices in Taiwan saw only marginal volume growth and modest current value growth in 2024. Historically purchased mainly by schools and government offices, interest in traditional camcorders has been fading out among local consumers in favour of smartphones, which offer portability and multifunctionality.

Digital cameras, which accounts for more than three quarters of volume sales of imaging devices in Japan, was in a difficult situation even before the advent of COVID-19. Due to the proliferation of smartphones and improvements in their camera functionality, consumers can take high-quality photos and videos at any time with their ever-present smartphones, therefore significantly reducing the number of consumers who go out of their way to buy a digital camera. Recent smartphone innovations includ

The demand for digital cameras in Hong Kong continues to slowly decline in 2024, due to a general waning interest among the general population in cameras. Smartphones, smartwatches and even some other smart devices have built-in cameras with image quality that is comparable to traditional cameras, thus removing a significant share of the demand from local consumers.

Volume sales of imaging devices are set to continue to decline in Israel in 2024 despite retailers’ attempts to stimulate the market with price cuts. Online retailers such as Desertcart Israel are offering discounts up to 45% on selected items, normally in the mid to low price ranges, to cater to cash strapped consumers. However, this tactic is not having that much of an effect as consumers continue to be cash strapped and prefer to use their smartphones to take photographs or videos. Demand for

Volume sales of imaging devices in Morocco are expected to fall by over a fifth in 2024, with smartphones increasingly being used as a substitute. Smartphones today have high-quality cameras that are sufficient for the photography and video needs of the average consumer. Functionality in smartphones is also increasing all the time, such as being able to control exposure time, which previously could only be done on imaging devices. Smartphones also have editing and sharing capabilities, which is

Outdoor activities, travel, and the importance of social media revitalised the demand for imaging devices and action cameras in Portugal in 2024. Local consumers increasingly seek specific imaging devices to capture high-quality content, giving their social media posts a more professional look and helping them stand out from the crowd. This renewed interest led to both volume and current growth in 2024.

The market for imaging devices in Spain is expected to show an improved performance in retail volume terms in 2024, with digital cameras leading this resurgence. This is largely attributable to the growing popularity of mirrorless interchangeable lens cameras (MILCs), which offer several advantages over traditional DSLRs. Specially, their compact design and high-quality image sensors appeal to a broad range of users, from enthusiastic hobbyists to serious photographers.

Imaging devices remains in a structural slump in Italy in 2024, due to ongoing competition from ubiquitous smartphones. Indeed, such multi-functional digital devices have become ever-more prevalent since the era of the pandemic, as people turned to their smartphones for work, study, shopping, entertainment and socialising. Even though the pandemic is now over, people continue to spend a significant and, indeed, increasing amount of time on their smartphones. Reasons for this include social media

Technological advances in smartphones continue to have a significant impact on digital cameras, since they are the now the common device for taking photographs in Saudi Arabia. Over the years, advances in technology have allowed smartphone cameras to surpass digital compact cameras in terms of image quality and capabilities. Thus, retail volume sales of digital cameras and camcorders continue their downward trajectory. The cameras these smartphones are equipped with feature high mega-pixel senso

Demand for imaging devices has been declining for many years in South Korea, and this trend is expected to continue into 2024. With advances in smartphone technology, there growing consensus that the camera functionalities of smartphones now rival those of entry-level digital cameras, with features such as high-resolution sensors, optical image stabilisation, and advanced software algorithms contributing to produce high-quality images. By contrast, the significant investment required for high-en

In 2024, the high cost of living and inflationary pressures are significantly impacting the demand for imaging devices in Nigeria. The steep rise in prices has led to a strong decline in the sales of imaging devices, as consumers' purchasing power has been eroded. Even professional photographers are finding it difficult to acquire digital cameras and have resorted to renting cameras for their shoots. The overall economic climate has thus been unfavourable for the product area, contributing to a

Imaging devices in Poland are expected to see a double-digit percentage volume decline, as smartphones continue to steal volume share. Smartphones today have high-quality cameras that are sufficient for the photography and video needs of the average consumer. Smartphones also have editing and sharing capabilities, rather than having to upload images or video and on to other devices for editing and sharing purposes. In addition, many consumers already own digital cameras or camcorders and may not

The volume of sales in imaging devices has been falling steadily for more than a decade. This ongoing decline in 2023 and 2024 is not solely due to the economic recession but also to shifting consumption patterns. The primary reason for the downturn is the increased attractiveness of smartphones as imaging devices since brands began incorporating high-quality cameras into them over ten years ago. This trend aligns with the improvement in camera quality on smartphones over the past 10 to 15 years

Continuing advances in smartphones’ cameras are leading to further volume declines of imaging devices in Hungary. Some smartphones meet the imaging device needs of many households and therefore consumers do not perceive the need to purchase a separate imaging device. Hungarians are more likely to use their smartphones to easily share experiences over social networks such as Instagram and Snapchat, as well as using editing applications on their smartphones to make small tweaks to pictures.

Imaging devices in the Netherlands are expected to see a double-digit percentage volume decline, as smartphones continue to steal volume share. Smartphones today have high-quality cameras that are sufficient for the photography and video needs of the average consumer. Smartphones also have editing and sharing capabilities, which is very convenient, rather than having to upload images or video and on to other devices for editing purposes. In addition, many consumers already own digital cameras or

Imaging devices in the Philippines experienced a huge decline in demand during the review period with this pattern continuing into 2024. Social media platforms like Instagram and TikTok have revolutionised the way consumers approach photography and videography, significantly impacting the imaging devices industry in the Philippines. The convenience of smartphones, which allow users to capture, edit, and upload content seamlessly, has positioned them as a more practical choice over traditional di

Imaging devices remains in a negative volume slump in France in 2024, which is improved upon the previous year, but expected to deepen further over the forecast period. Ultimately, imaging devices faces structural challenges as a category which are leading to a level of obsoletion across the mass consumer market. Notably, imaging devices face ongoing competition from smartphones which have advanced camera functions, thus making dedicated imaging devices a niche category. Indeed, these enhanced c

Although the overall value sales of imaging devices in the Czech Republic have remained steady in 2024, the average unit price has increased as consumers focus on higher-end professional and semi-professional equipment. However, the unit price is expected to drop slightly in the course of the year due to a lack of innovations and the necessity to clear existing models with promotional deals. This trend should make imaging devices more accessible to a broader range of consumers, despite the ongoi

Imaging devices in Norway are expected to see further volume decline, as smartphones continue to steal volume share. Smartphones today have high-quality cameras that are sufficient for the photography and video needs of the average consumer. Smartphones also have editing and sharing capabilities, which is very convenient, rather than having to upload images or video on to other devices for editing purposes. The volume decline of imaging devices decline is also aligned with the broader rejection

In 2024, imaging devices registered a decline in volume sales and minimal current value growth, largely attributed to the continuous advancements in smartphone technology. Smartphones now boast high-quality cameras and advanced imaging capabilities, rendering standalone imaging devices less essential, particularly for non-professional photographers. With the convenience and accessibility of smartphone cameras, many local consumers find them sufficient for capturing everyday moments and creative

In 2024, imaging devices in Sweden experiences a significant decline in retail volume sales. This decline is primarily driven by the substitution of digital cameras with smartphones. Smartphones offer greater convenience and versatility, reducing the need to own multiple devices. Additionally, the current cost-of-living pressures prompt households to minimise their spending, with the camera and video quality of smartphones deemed sufficient for the needs of most consumers. The aftermath of the C