Portable lenses are referred to lenses with compact size, and thus, are easy to carry from one place to another. Moreover, it offers convenient diversified shooting experience to the consumers of portable lenses. Portable lenses have bodies that are specifically created to offer optical mechanics with stable framing. These lenses offers several features such as versatility and high portability. Moreover, portable lenses are used in different applications including smartphones, broadcasting live events, and others.
Market Dynamics
Driver
Rising demand for portable lenses for broadcasting live events
Portable lenses offers various angles of magnifications and views that can be used for the broadcasting concerts, sport events, and others. Moreover, the interior part of the portable lenses consist of different shapes and types of lens elements that offers excellent image quality. These lenses offers HD (High-Definition) images without color blurring and geometrical distortion. Owing to these factors, there is an increase in demand for portable lenses for broadcasting live events.
Opportunity
Increasing demand for portable lenses in mobile journalism
Global demand is anticipated to shift significantly as more digital items, including smartphones, cameras, and others, are used. However, digital publishing and journalism are in the developing stage. Thus, increasing use of mobile with portable lenses is expected to create demand for portable lenses. Moreover, mobile journalism is one of the factors that can create ample opportunities in the global portable lenses market during the forecast period.
Restraint
Development of smartphone’s camera
Manufacturers of smartphones are focusing on the image quality produced by the in-built cameras. Smartphones with advanced featured camera systems is projected to hinder the global portable lenses market during the forecast period. For instance, in September 2022, Apple Inc., launched iPhone 14 and iPhone 14 + that has excellent camera system including True Depth cameras on the back and front. Moreover, these innovative products offer ultra wide range camera with unique angles. In addition, Apple Inc. is one of leading multinational companies which is headquartered in Cupertino, U.S. which manufacture mobile phones.
Key features of the study:
Detailed Segmentation:
*” marked represents similar segmentation in other categories in the respective section.
Table of Contents
* Browse 22 market data tables* and 18 figures* on "Global Portable Lenses Market”- Forecast to 2030.
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