Global 3D camera market report published by Accurize Market Research forecast that the global market is expected to reach $43.1 billion by 2025; growing at a CAGR of 40.9% from 2017 to 2025. By geography, the Asia Pacific and North America are expected to grow at a CAGR of XX% and XX%, respectively, during the forecast period.

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Rising need for 3D cameras from the entertainment business and improved customer preferences across the globe to drive the growth of the market

Rising need for 3D cameras from the entertainment business and improved customer preferences, fuel the demand for the global 3d camera market. Moreover, up-gradations in 3D scanning technology also boost the growth of the market.

Market Segmentation

The global 3D camera market has been bifurcated on the basis of type, technology, application, and geography. The type segment comprises the target-free camera and target camera. Further, technology comprises time-of-flight (TOF), structured light, and stereo vision. While application comprises smartphones, professional cameras, computers, tablets, and other applications.

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By geography, the market is segmented into North America, Europe, Asia-Pacific and Rest of the World (RoW). North America is further bifurcated in the U.S., Canada, and Mexico whereas the Europe segment consists of the UK, Germany, France, Italy, and the Rest of Europe. Asia-Pacific is segmented into India, China, Japan, South Korea, and the Rest of Asia-Pacific while RoW is bifurcated into South America, the Middle East, and Africa.

“Target-free cameras accounted for the largest market share in the type segment", says Accurize

By type, target-free cameras accounted for the largest market share in 2017, in the type segment, and are expected to continue its dominance during the forecast period 2017 – 2025. The advantages of target-free cameras are that it can view the area in the way where the camera is directed, and are signified by a single icon which makes them easy to animate.

“Stereo vision accounted for the largest market share in the technology segment", says Accurize

By the technology segment, stereo vision accounted for the largest market share in 2017 and is expected to continue its dominance during the forecast period 2017 – 2025. Stereo camera technology is cost-effective and used for taking 3D immobile photographs, which is driving the growth of the market.

“Asia-Pacific dominated the global market with the highest market share over the forecast period", says Accurize

In 2017, Asia-Pacific dominated the global market with the largest market share of 35.1% and expected to continue its dominance during the forecasted period. The growing home automation market coupled with the high adoption of 3D cameras in the region drive the market growth.

Top players in the market

The key market players include Sony Corporation, Nikon, Go Pro, Inc., Canon, LG Electronics Inc., Fujifilm Corporation, Panasonic Corporation, Faro Technologies, Samsung Electronics Co., Ltd., and Kodak among others.