Digital Photo Frames - Global Market Trajectory & Analytics

Global Digital Photo Frames Market to Reach $61.3 Million by 2027

Amid the COVID-19 crisis, the global market for Digital Photo Frames estimated at US$52.4 Million in the year 2020, is projected to reach a revised size of US$61.3 Million by 2027, growing at a CAGR of 2.3% over the period 2020-2027. Electric-Powered, one of the segments analyzed in the report, is projected to record 2.4% CAGR and reach US$36 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Battery-Powered segment is readjusted to a revised 2.1% CAGR for the next 7-year period.

The U.S. Market is Estimated at $14.2 Million, While China is Forecast to Grow at 3.6% CAGR

The Digital Photo Frames market in the U.S. is estimated at US$14.2 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$11.4 Million by the year 2027 trailing a CAGR of 3.6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.5% and 1.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.8% CAGR.

Select Competitors (Total 101 Featured):

• Eastman Kodak Company
• Hewlett-Packard Development Company LP
• Philips India Ltd.
• Samsung Electro-Mechanics
• Sony Corporation of America