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Digital Camera Market to Hit Valuation of USD 7.16 billion By 2030, at 7.6% CAGR: IMR

The global market for Digital Camera estimated at USD 4.90 Billion in the year 2022, is anticipated to reach USD 7.16 billion by 2030, growing at a CAGR of 7.6% over the period 2023-2030.

Digital cameras, also referred to as digicams, are devices designed to capture digital images and videos. Unlike analog cameras, digital cameras utilize built-in memory card slots for storing images, allowing for the storage of numerous photos depending on the card's capacity. Images captured with digital cameras are stored digitally and can be conveniently deleted directly from the camera. These cameras offer various features such as burst shots, auto-focus, adjustable shutter speed, digital zoom, best-shot selector, ISO sensitivity adjustment, and automatic white balance (AWB). Users can view the images and videos either through the camera's viewfinder or on a live preview screen.

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09:36 AM - Apr 18, 2024 (UTC)

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