The global digital broadcast and cinematography cameras market size is poised to grow by USD 98.47 million during 2020-2024, progressing at a CAGR of almost 1% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of REPORT with COVID-19 Crisis and Recovery Analysis.
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Technavio has announced its latest market research report titled Global Digital Broadcast and Cinematography Cameras Market 2020-2024 (Graphic: Business Wire)
One of the key factors that drive the growth of the digital broadcast and cinematography cameras is the increase in the number of news broadcasters and production houses. We are witnessing an increase in the number of short films, theaters, dance shows, and live news broadcasts. Consequently, there has been an increase in the demand for digital broadcasts, which in turn, has created a need for new production houses. Also, cinematographers prefer portable high-resolution cameras that maintain picture quality even after prolonged use. These factors will help drive the growth of this industry during the forecast period.
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Increased use of 3D cameras will be a Key Market Trend
The transition of the movie industry is also resulting in the transition of the preferred cameras. From capturing movies in 2D cameras and rendering 3D during post-production to filming movies using 3D cameras. The increased use of 3D cameras is one of the major digital broadcast and cinematography cameras market trends that will contribute to the market share during the forecast period. This change will increase the demand for 3D cameras and prompt prominent vendors to manufacture high-resolution 3D cameras, also resulting in the growth of the digital broadcast and cinematography cameras market.
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Digital Broadcast and Cinematography Cameras Market 2020-2024: Key Highlights
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Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Product
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
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