According to Cognitive Market Research, The Global Cameras on Smartphones market size is USD 5.9 billion in 2023 and will expand at a compound annual growth rate (CAGR) of 6.80% from 2023 to 2030.
North American Camera on Smartphone market held the major market of more than 40% of the global revenue with a market size of USD 2.36 billion in 2023 and will extend at a compound annual growth rate (CAGR) of 5.0% from 2023 to 2030.
Europe Cameras on Smartphones market held the major market of more than 30% of the global revenue with a market size of USD 1.77 billion in 2023 and will grow at a compound annual growth rate (CAGR) of 5.3% from 2023 to 2030
Asia Pacific Cameras on the Smartphones market held the market of more than 23% of the global revenue with a market size of USD 1.36 billion in 2023 and will grow at a compound annual growth rate (CAGR) of 8.8% from 2023 to 2030
Latin America Cameras on Smartphones market has more than 5% of the global revenue with a market size of USD 0.30 billion in 2023 and will grow at a compound annual growth rate (CAGR) of 6.2% from 2023 to 2030
Middle East and Africa Cameras on Smartphones market held the major market of more than 2% of the global revenue with a market size of USD 0.12 billion in 2023 and will grow at a compound annual growth rate (CAGR) of 6.5% from 2023 to 2030
The demand for cameras on smartphones is rising due to the rising popularity of 3D photography and cinematography.
Demand for rear cameras remains higher in the cameras on the smartphone market.
The dual camera category held the highest cameras on smartphones market revenue share in 2023.