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Computational Photography Market Size, Share, Industry Analysis, Forecast to 202

Computational photography marketu00a0report share is estimated to be valued at USD 10.7 billion in 2019 and is projected to reach USD 29.0 billion by 2024, growing at a CAGR of 22.0% during the forecast period.<br>

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Computational Photography Market Size, Share, Industry Analysis, Forecast to 202

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  1. MarketsandMarkets Presents Computational Photography Market Size, Share, Industry Analysis, Forecast to 2024 Computational Photography Market by Offering (Camera Modules, Software), Type (Single- and Dual-Lens, 16-Lens), Product (Smartphone Cameras, Standalone Cameras, Machine Vision Cameras), Application (3D Imaging, AR, VR, MR), Region - Global Forecast to 2024 https://www.marketsandmarkets.com/Market-Reports/computational-photography-market-232323308.html

  2. Computational photography market report share is estimated to be valued at USD 10.7 billion in 2019 and is projected to reach USD 29.0 billion by 2024, growing at a CAGR of 22.0% during the forecast period. The trend of sharing images and videos using advanced media sharing technologies is a significant aspect of social networking on a global basis within the smartphone and multimedia tablet ecosystem. Also, the enhancement in the image resolution of sensors along with the technological advancements in camera modules, components, and design is driving the market. The growing demand for superior vision technology in the computer vision industry is expected to lay new growth opportunity for computational cameras industry growth during the forecast period. Browse 103 market data Tables and 43 Figures spread through 142 Pages and in-depth TOC on "Computational Photography Market - Global Forecast to 2024"

  3. By offering, the camera module is the largest contributor in computational photography market during the forecast period The market growth of camera modules is attributed to the use of AI-based advanced cameras and the growing demand for arrays of cameras in a single product. The hardware and software of each computational camera are typically designed to produce a particular type of image. The captured image is optically coded. The computational module has a model of optics, which it uses to decode the captured image to produce a new type of image that could benefit a vision system. Ask PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=232323308 Smartphone cameras account for the largest market size of the computational photography market The computational photography market is driven primarily by the rising sales of smartphones equipped advanced cameras with artificial intelligence capabilities. Smartphone-based computational cameras are displaying significant changes in the market. There is a high impact of computational cameras in the smartphones market. Computational photography is now evolving in smartphones such as Apple, Google, and Samsung.

  4. Single-and dual-lens to account for the largest market size of computational photography market during the forecast period The demand for these cameras is propelled by the growth of smartphone cameras such as iPhone XS, iPhone X, Google Pixel, and others that use single- and double-lens camera modules for advanced imaging. Having multiple-lens cameras has enabled manufacturers to add new features such as zoom, better HDR, portrait modes, 3D, and low-light photography. iPhone XS, Xiaomi Redmi 7S, Huawei Honor 8, and Samsung Galaxy Note 8 are among the recent smartphones with powerful dual rear cameras. Request Free Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=232323308 3D imaging held the largest share of computational photography market in 2018 Computational photography cameras can be used for capturing images of a particular object from which a model of the scene can be generated automatically. A wide range of possible changes can be explored interactively and previewed on-set, including scene geometry and textures with the help of this technology. With advances in computer vision technology, it has become possible to capture 3D images using many different sensors and, in the process, to extract depth information.

  5. North America to hold the major share of the computational photography market in 2018 The growth of the smartphone market mainly drives the progress of the computational photography market in North America. Moreover, the presence of market leaders such as Alphabet Inc. (Alphabet) (US), Apple, Inc. (Apple) (US), Light (U.S.), NVIDIA Corporation (NVIDIA) (US), and Qualcomm, Inc. (Qualcomm) (US) is also contributing significantly to the growth of the market in North America. The market in APAC is expected to grow at the highest CAGR during 2019 and 2024 due to higher consumer spending on the latest smartphones.

  6. Computational Photography Market Key Players The major players in market are Apple (US), Samsung (South Korea), Nvidia (US), Qualcomm (US), Adobe (US), Nikon (Japan), Sony (Japan), LG (South Korea), Light (US), Canon (Japan). Apple (US) is the leader in the computational photography market. The company designs, manufactures and markets mobile communication and media devices, personal computers, and portable digital music players. Apple’s computational photography portfolio consists of iPhone 7 plus, iPhone 8, and iPhone X. The main feature of the iPhone 7 model is the new advanced camera system. It has a 12 MP front camera, optical image stabilization, and 7 MP FaceTime high-definition (HD) camera. The device also offers a dual-lens camera with a Quad-LED tone flash. It has 2X optical zoom and 10X digital zoom, along with portrait mode. In November 2017, the company launched iPhone 8, iPhone 8 plus, and iPhone X. These new versions of the iPhone have computational photography features in their cameras. In September 2019, Apple unveiled it's iPhone 11. It will run on the A13 Bionic chips as the Pro models. The chip will deliver faster focusing, finer resolution, and more powerful tone mapping (to preserve detail in challenging lighting). A13 Bionic’s Neural Engine enables computational photography. This chip uses advanced machine learning to do pixel-by-pixel processing of photos, optimizing for texture, details, and noise in every part of the picture. Also, in April 2015, Apple acquired Linx, an Israel-based company that manufactures Camera Modules, to advance in the market. The company has expertise in producing miniature multi-aperture cameras, specially designed for mobile devices. This acquisition was aimed at improving the company’s camera technology in its devices.

  7. About MarketsandMarkets MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of markets.

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