The global smartphone 3D camera market size was US$ 3.38 billion in 2021. The global smartphone 3D camera market size is forecast to reach US$ 45.01 billion by 2030, growing at a compound annual growth rate (CAGR) of 32.9% during the forecast period from 2022 to 2030.
A 3D camera is an integrated computing device or product that captures 3D images that improve the overall quality of visual representation. Smartphones with 3D cameras are one of the new technologies that provide end-users with high-quality images and videos. Today, the latest smartphones have a 3D camera that captures movement while taking pictures and improve image quality. Smartphone 3D cameras are becoming more popular among the younger generation due to the following attractive features: True object recognition, clarity, HD performance, and more are gaining popularity.
Factors Influencing Market Growth
Impact Analysis of COVID-19
The COVID-19 pandemic had a negative impact on the global smartphone 3D camera market. Due to the increasing number of cases of COVID-19, businesses and manufacturing facilities in various countries had to close and were remain closed in 2021. In addition, partial or complete blockades have disrupted the global supply chain, creating challenges for manufacturers to reach their customers. Although the overall production process had adversely affected, the global smartphone 3D camera market is forecast to grow significantly during the forecast period due to the surge in demand from the consumer sector.
Regional Insights
North America accounted for the major share of the market in 2021. In North America, smartphone 3D cameras have received enormous importance for private and commercial enterprise use. An increasing desire to view the outside world and surroundings in three-dimensional view via smartphones has contributed to the growth of the market. The growing popularity of 3D cameras integrated into smartphones and growing customer spending power is driving the market growth.
The Asia Pacific region is forecast to have profitable growth in the market during the forecast period. Smartphone usage and the increase in purchasing power of consumers are driving the market's growth. In addition to this, most smartphone makers produce their products in China, Japan, and Taiwan.
Leading Competitors
The leading prominent companies profiled in the global 3D smartphone camera market are:
Scope of the Report
The global 3D smartphone camera market segmentation focuses on Resolution, Technology, and Region.
Segmentation based on Resolution
Segmentation based on Technology
Segmentation based on Region