The dual lens camera smartphone market is expected to grow by 1.24 billion units, decelerating at a CAGR of over 19% during the forecast period.
Technavio has announced its latest market research report titled Global Dual Lens Camera Smartphone Market 2020-2024 (Graphic: Business Wire)
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The growing popularity of social networking applications is one of the major factors propelling market growth. However, factors such as high power consumption lowers battery life will hamper the market growth.
Dual Lens Camera Smartphone Market: Price Landscape
A premium-range dual lens smartphone is defined as one in which the dual lens camera is priced above $400. Premium-range dual lens smartphones are integrated with high-quality, dual lens cameras that offer high-quality images; this is because they include features like optical image stabilization (OIS), larger sensors, bright lenses, and even optical zoom are better for photography. Market growth in this segment will be faster than the growth of the market in the medium range and lower range segment.
Dual Lens Camera Smartphone Market: Geographic Landscape
APAC was the largest dual lens camera smartphone market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. Owing to the exponentially increasing growth of the smartphones market in the emerging economies including China and India, the region will significantly influence dual lens camera smartphone market growth in this region over the forecast period. 57% of the market’s growth will originate from APAC during the forecast period. China and India are the key markets for dual lens camera smartphones in APAC.
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Global Smartphone Power Management IC Market: The global smartphone power management IC market size has the potential to grow by USD 2.73 billion during 2020-2024. The market’s growth momentum will accelerate throughout the forecast period. To get extensive research insights: Click and Get FREE Sample Report in Minutes!
Global Smartphone Market: The smartphone market size has the potential to grow by 39.96 million units during 2020-2024, and the market’s growth momentum will accelerate during the forecast period because of the steady increase in year-over-year growth. To get extensive research insights: Click and Get FREE Sample Report in Minutes!
Companies Covered:
Apple Inc.
ASUSTeK Computer Inc.
HTC Corp.
Huawei Investment & Holding Co. Ltd.
Lenovo Group Ltd.
LG Electronics Inc.
Nokia Corp.
Panasonic Corp.
Samsung Electronics Co. Ltd.
Xiaomi Corp.
What our reports offer:
Market share assessments for the regional and country-level segments
Strategic recommendations for the new entrants
Covers market data for 2019, 2020, until 2024
Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
Strategic recommendations in key business segments based on the market estimations
Competitive landscaping mapping the key common trends
Company profiling with detailed strategies, financials, and recent developments
Supply chain trends mapping the latest technological advancements
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Key Topics Covered:
Executive Summary
Market Landscape
Market ecosystem
Market Characteristics
Value chain analysis
Market Sizing
Market definition
Market segment analysis
Market size 2019
Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
Five force summary
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition
Market Segmentation by Price
Market segments
Comparison by Price
Premium range - Market size and forecast 2019-2024
Medium range - Market size and forecast 2019-2024
Low range - Market size and forecast 2019-2024
Market opportunity by Price
Customer landscape
Overview
Geographic Landscape
Geographic segmentation
Geographic comparison
APAC - Market size and forecast 2019-2024
North America - Market size and forecast 2019-2024
Europe - Market size and forecast 2019-2024
South America - Market size and forecast 2019-2024
MEA - Market size and forecast 2019-2024
Key leading countries
Market opportunity by geography
Market drivers
Market challenges
Market trends
Vendor Landscape
Overview
Landscape disruption
Vendor Analysis
Vendors covered
Market positioning of vendors
Apple Inc.
ASUSTeK Computer Inc.
HTC Corp.
Huawei Investment & Holding Co. Ltd.
Lenovo Group Ltd.
LG Electronics Inc.
Nokia Corp.
Panasonic Corp.
Samsung Electronics Co. Ltd.
Xiaomi Corp.
Appendix
Scope of the report
Currency conversion rates for US$
Research methodology
List of abbreviations
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Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.