Global 3D Camera Market to Witness Double-Digit Growth

The global 3D cameras market was valued at USD 1219 million in 2017 and is projected to reach USD 11,131 million by 2024, growing at a CAGR of 37.1 percent from 2017 to 2024. At present, APAC dominates the market, followed by North America. In 2017, China dominated the APAC market and Germany led the overall market in Europe. However, in North America, the United States of America currently dominates the market.

Increasing demand of 3D content from the entertainment industry and enhancement in 3D scanning technology, are fostering the market growth. Key camera developers are developing innovative cameras, enhanced by emerging 3D technology. High price and lack of awareness impedes the market.