Latin America Digital Camera Market Size & Outlook
The digital camera market in Latin America is expected to reach a projected revenue of US$ 643.9 million by 2030. A compound annual growth rate of 7.3% is expected of Latin America digital camera market from 2024 to 2030.
Revenue, 2023 (US$M)
$391.9
Forecast, 2030 (US$M)
$643.9
CAGR, 2024 - 2030
7.4%
Report Coverage
Latin America
Latin America digital camera market, 2018-2030 (US$M)
Latin America digital camera market highlights
- The Latin America digital camera market generated a revenue of USD 391.9 million in 2023.
- The market is expected to grow at a CAGR of 7.3% from 2024 to 2030.
- In terms of segment, built-in was the largest revenue generating lens in 2023.
- Built-in is the most lucrative lens segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 391.9 million |
| Market revenue in 2030 | USD 643.9 million |
| Growth rate | 7.3% (CAGR from 2023 to 2030) |
| Largest segment | Built-in |
| Fastest growing segment | Built-in |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Built-in |
Other key industry trends
- In terms of revenue, Latin America region accounted for 5.5% of the global digital camera market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 531.1 million by 2030.
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Digital Camera Market Scope
Digital camera market segmentation & scope
Product
Compact Digital Camera
DSLR
Mirrorless
End Use
Pro Photographers
Prosumers
Hobbyists
Countries
U.S.
Canada
Mexico
UK
Germany
France
Japan
China
India
South Korea
Australia
Brazil
UAE
Saudi Arabia
South Africa
Digital Camera Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America digital camera market
Related regional statistics
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