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Professional Cameras Market Slowly Hobbles with 2K and 4K, while Large Vendors Struggle with Revenue - Frost & Sullivan finds technology innovation ripe in the professional video cameras market, but DSLR shrinks total market pie -
Professional Cameras Market Slowly Hobbles with 2K and 4K, while Large Vendors Struggle with Revenue


NewswireToday - /newswire/ - Mountain View, CA, United States, 2013/11/12 - Frost & Sullivan finds technology innovation ripe in the professional video cameras market, but DSLR shrinks total market pie -

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Despite being pulled down by rapidly falling prices, the mature global digital broadcast and cinematography camera market will see growth (though marginal). Expansion is driven by continued digitization and the launch of new channels world over, especially in high-definition (HD) and 4K, which requires high-resolution content. Currently, the weak economy stifles profits of most vendors in the market, including large participants such as Sony and Panasonic. However, the market continues to gain momentum from the digital cinematography camera segment, with continued adoption of higher than HD resolution 2K and 4K cameras. Innovation is the highest in this segment, with vendors such as Red Digital Cinema Camera Company pushing the boundaries with resolution and offering 6K variants, and others such as Canon capturing mind and market share with their DSLR products for shooting HD.

According to Frost & Sullivan’s Global Digital Broadcast and Cinematography Cameras Market analysis, market revenues will reach $811.9 million by 2017. The research finds various trends disrupt the market, including rapid price drops (in some cases, 50-70 percent over a five year period) and increasing blurriness across product segments. This analysis features a market overview, external challenges, forecasts, trends, market shares, and competitive analysis of the total digital broadcast and cinematography cameras market. The research features segment breakdowns for studio cameras, cinematography cameras, electronic news gathering (ENG) cameras, and electronic field production (EFP) cameras. In addition to a hot company watchlist, the analysis covers Sony, Panasonic, ARRI Group, Red Digital Cinema Camera Company, Grass Valley and other vendors.

For more information on this research, please email Britni Myers, Corporate Communications, at britni.myers[.]

The mature global digital broadcast and cinematography camera market is expected to witness modest growth at a compound annual growth rate of 1.4 percent from 2012 to 2017. Struggling with saturation in demand and restrained capital expenditure in developed countries, the global professional video cameras market saw drastic price cuts over the last three years. Sustaining product development while growing business and securing profits is tough for individual vendors. A significant challenge for the market, especially in the broadcast segment, is lack of a strong next-generation technology that can drive new sales.

On the other hand, the cinema segment rapidly departed from film, replacing it with digital 2K and 4K cameras, as well as file-based workflows. Technology advanced, enabling high quality results at competitive prices. In addition, digital formats helped companies streamline their workflows, reduce budgets, and increase collaboration across locations for faster execution.

Demand for HD and digital cameras in the emerging economies coupled with a broadening customer base helps boost total market revenues to an extent, though there is a clear shift towards small form-factor cameras that offer high-resolution acquisition and wireless capabilities.

"Constant technological innovation can prop up the market," observed Frost & Sullivan Information and Communication Technologies Research Director Vidya S. Nath. "For instance, versatile cameras that shoot in multiple formats and resolutions, and triax and fiber supporting cameras that enable quicker transmission of high resolution content fuel productions, leading to more business for professionals in all segments."

Price sensitivity is another market restraint. Frost & Sullivan finds that prices range from $3,000 to $50,000 and the average price for the total market is a little more than $7,700. While such price drops help push volumes, they restrain total revenue growth and curtail profitability. Also, unless the market provides continued innovation, vendors will find it difficult to sustain growth in penetration.

"Suppliers must be innovative and price-competitive, focusing on customer convenience and evolving to meet the creative demands of professional camera users," noted Nath. "Larger vendors, in particular, must match the strategy of smaller suppliers to widen their market presence. Finding the sweet spot that juxtaposes flexibility, adaptability, form factor and price is crucial for success."

Global Digital Broadcast and Cinematography Cameras Market is part of the Digital Media ( Growth Partnership Service program. Frost & Sullivan’s research services also cover broadcast and DTT video encoders, pay-TV video encoders, enterprise, Internet and mobile video encoders-transcoders, IP video network management, content protection and digital rights management, digital asset management, nonlinear editing, video switchers, content delivery networks, video servers, disk storage for digital media, and marketing process optimization. All research services included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.

About Frost & Sullivan
Frost & Sullivan (, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Contact Us: Start the discussion | Join Us: Join our community | Subscribe: Newsletter on "the next big thing" | Register: Gain access to visionary innovation

Global Digital Broadcast and Cinematography Cameras Market / NBD9-70

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Professional Cameras Market Slowly Hobbles with 2K and 4K, while Large Vendors Struggle with Revenue

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