February 2024
28 Nov 2024
The global camera accessories market revenue was valued at USD 4.16 billion in 2024 and is expected to attain around USD 14.93 billion by 2033, growing at a CAGR of 15.26% during the forecast period. The increasing demand for the personal and professional cameras by the people to elevate their picture and video experience is driving the growth of the market.
Camera accessories are the things that are used to stand, position, or protect the camera. It efficiently helps in setting the cameras in the required position and takes nicer photos. There are different types of camera accessories that are essential in the market, including tripods, camera bags, batteries, lenses, filters, memory cards, cases, camera batteries, lens hoods, flash, straps, gimbals, photographic lightings, reflectors, and other that makes the photo picture perfect.
Increasing media and entertainment industry:
The continuous rise in the media and entertainment industry globally boosts the demand for digital and technologically equipped cameras, and the expansion of filmmaking in countries like the United States, India, and other countries is contributing to the expansion of the market.
The digitization:
The increasing investment in digitization across industries and electronic gadgets like cameras to improve the efficiency and quality of photos is driving the adoption of the camera and camera accessories market.
Rapid evaluation of content creation:
The rapid growth in content creators on social media platforms and their adoption as their main career are driving the sales of cameras and camera accessories such as tripods, camera straps, bags, and others for positioning and protecting the camera.
Market competition:
The increasing availability of the leading market players in the camera and digital cameras and the rising intervention of the new entrants with enhance features accessories are contributing to the growth of the market.
North America dominated the camera accessories market in 2023. The growth of the market is attributed to the rising digitization and the adoption of technologies and gadgets early and the expansion in the media and entertainment industry is driving the growth of the market. The rising inclination of the younger generation towards photography, videography, and content creation is contributing to the expansion of the camera accessories market across the region.
Asia Pacific expects considerable growth in the market during the forecast period. The growth of the market is increasing owing to a rising population, especially a younger population, which is more inclined towards fashion, electronic gadgets, entertainment, and social media platforms. An increasing number of younger people are choosing their careers as content creators, which increases the sale of advanced cameras and accessories. Additionally, the wider use of cameras in different settings, such as commercial places, weddings, events, and others, also contributes to the growth of the camera accessories market in the region.
| Report Attribute | Key Statistics |
| Market Revenue in 2024 | USD 4.16 Billion |
| Market Revenue by 2033 | USD 14.93 Billion |
| CAGR | 15.26% from 2024 to 2033 |
| Quantitative Units | Revenue in USD million/billion, Volume in units |
| Largest Market | North America |
| Base Year | 2023 |
| Regions Covered | North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa |
Market Segmentation
By Type
By Distribution Channel
Get this report to explore global market size, share, CAGR and trends, featuring detailed segmental analysis and an insightful competitive landscape overview@ https://www.precedenceresearch.com/checkout/5285
You can place an order or ask any questions, please feel free to contact at sales@precedenceresearch.com | +1 804 441 9344
February 2024
October 2023
July 2023
July 2022