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According to a new report North America Smartphone 3D Camera Market , published by KBV Research, the North America Smartphone 3D Camera market is expected to attain a market size of $960.1 billion by 2022, growing at a CAGR of 49.3% during the forecast period. Smartphones have gained immense popularity, especially among the younger generation, largely due to fashion trends such as posting images and videos. Major market players are launching 3D camera smartphones with superior picture quality to gain a competitive edge on the market. Country wise, the market is segmented into US, Canada, Mexico and Rest of North America.
US is the highest revenue generating segment during the forecast period. The most common smartphone 3D camera technologies today are stereoscopic and time-of-flight. The stereoscopic 3D camera technology holds the major market share due to reliability and cost-effectiveness. Stereoscopic camera has two or more lenses with separate image sensors allowing the camera to create a binocular vision of the object. The report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the countries in the region. The key influencing factors of the North AmericaSmartphone 3D Camera market have been discussed in the report along with the elaborated company profiles namelyToshiba Corporation, NXP Semiconductors N.V, Texas Instruments Incorporated, Samsung Electronics Co. Ltd., Sony Corporation, Panasonic Corporation, Microsoft Corporation, Intel Corporation and Infineon Technologies AG.