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462.03 million units growth in Dual Lens Camera Smartphone Market during 2021-2025 | 17,000+ Technavio ReportsNEW YORK, Aug. 26, 2021 /PRNewswire/ -- The dual lens camera smartphone market is poised to grow by 462.03 million units during 2021-2025, progressing at a CAGR of 15.42% during the forecast period. The market report offers a comprehensive analysis of the strategies adopted by vendors and the trends, drivers, and challenges affecting the market size. Discover Technology Hardware, Storage & Peripherals industry potential and make informed business decisions based on qualitative and quantitative evidence highlighted in Technavio reports. Request a Free Sample Report! The report identifies the growing popularity of social networking applications as one of the major factors driving the growth of the market. In addition, increasing adoption of mobile AR and surging use CMOS sensors in camera modules are few other factors likely to contribute significantly to the market's growth. However, issues with regard to resolution compatibility and the high price of dual lens camera technology are some of the prominent factors likely to hinder the market's growth in the forthcoming years. This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. The Dual Lens Camera Smartphone Market is segmented by Price (Premium range, Medium range, and Low range) and Geography (APAC, North America, Europe, South America, and MEA). The premium range price segment held the largest dual lens camera smartphone market share during 2020 and will continue to retain its dominance in the forthcoming years. In terms of geography, APAC accounted for 58% of the market's growth with India and China contributing to the growth owing to the growing demand for smartphones in the region. The dual lens camera smartphone market covers the following areas: Dual Lens Camera Smartphone Market Sizing Companies Mentioned
Technavio suggests three forecast scenaios (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. Technavio's SUBSCRIPTION platform Related Reports: Smartphone Power Management IC Market by Price and Geography - Forecast and Analysis 2021-2025 Key Topics Covered: Executive Summary Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Price
Geographic Landscape
Vendor Landscape
Vendor Analysis
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