According to Cognitive Market Research, the global Smartphone 3D Camera market size will be USD 2415.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 24.00% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 966.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 22.2% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 724.56 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 555.50 million in 2024 and will grow at a compound annual growth rate (CAGR) of 26.0% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 120.76 million in 2024 and will grow at a compound annual growth rate (CAGR) of 23.4% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 48.30 million in 2024 and will grow at a compound annual growth rate (CAGR) of 23.7% from 2024 to 2031.
The 8-16MP category is the fastest growing segment of the Smartphone 3D Camera industry
