Global Computational Photography Market (2021-2026) by Offering, Type, Product, Application and Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis

The Global Computational Photography Market is estimated to be USD 12.8 Bn in 2021 and is expected to reach USD 34.6 Bn by 2026, growing at a CAGR of 22%.

Market Dynamics

Computational photography is primarily concerned with capturing digital pictures and using various processing techniques in place of optical processes. It enhances photos by eliminating motion blur and adding simulated depth of field, color refinement, contrast, and light range using image processing techniques. High Dynamic Range (HDR) imaging using panoramas is a common computational photography technique that ideally integrates information from several pictures that have been stacked and underexposed. The usage of computational photography has grown due to its benefits, including providing better machine vision systems at a cheaper cost and improving photos with better colors, contrast, and lighting approaches.

The rising adoption of smartphone cameras is an essential factor driving market growth because image fusion techniques achieve high-quality images. The increasing disposable incomes, rapid technological advancements, and rising use of high-end algorithms to achieve advanced photography are the other factors driving the computational photography market. Furthermore, the growing use of 4k resolution screens and the rising need for high-resolution computational cameras in machine vision will provide new possibilities for the computational photography market throughout the projected period.

However, growing maintenance expenses and rising manufacturing prices for computational camera modules are essential factors that will hinder industry expansion.

Market Segmentation

The Global Computational Photography Market is segmented further based on Offering, Type, Product, & Application.

By Offering, the market is classified into Camera Modules & Software. The camera module is the most significant contributor to the computational photography market.

By Type, the market is classified into Single- and Dual-Lens Camera, 16- Lens Camera, & Others. Single-and dual-lens to account for the largest market size of the computational photography market.

By Product, the market is classified into Smartphone Cameras, Standalone Cameras, and Machine Vision Cameras. Smartphone cameras account for the largest market size of the computational photography market.

By Vertical, the market is classified into 3D Imaging, Virtual Reality, Augmented Reality, & Mixed Reality. 3D imaging held the largest share of the computational photography market.

By Geography, North America is projected to lead the market.

Recent Developments

1. Algolux Closes USD18.4 Million Series B Round for Robust Computer Vision - 12th July 2021
2. Alphabet Acquires Dysonics - 5th April 2021
3. Samsung Strengthens Its Camera Capabilities Through Corephotonics Acquisition - 11th March 2019

Company Profiles

Some of the companies covered in this report are Adobe, Alphabet, Apple, LG, Microsoft, Qualcomm Technologies, Samsung, Sony, etc.

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Why buy this report?

• The report offers a comprehensive evaluation of the Global Computational Photography Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
• The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
• The report includes an in-depth market analysis using Porter’s 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
• The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
• The report also contains the competitive analysis using Positioning Quadrants, the analyst’s Proprietary competitive positioning tool.

Report Highlights:

• A complete analysis of the market, including parent industry
• Important market dynamics and trends
• Market segmentation
• Historical, current, and projected size of the market based on value and volume
• Market shares and strategies of key players
• Recommendations to companies for strengthening their foothold in the market