PUBLISHER: TechNavio | PRODUCT CODE: 1172618
PUBLISHER: TechNavio | PRODUCT CODE: 1172618
Technavio has been monitoring the digital photo frame market and it is poised to grow by $110.9 mn during 2023-2027, accelerating at a CAGR of 3.03% during the forecast period. Our report on the digital photo frame market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by an inclination toward a high standard of living, increasing adoption of smart/connected home systems, and product innovations leading to premiumization.
Technavio's digital photo frame market is segmented as below:
By Distribution Channel
By Geographical Landscape
This study identifies the introduction of smart digital photo frames as one of the prime reasons driving the digital photo frame market growth during the next few years. Also, the introduction of customized digital photo frames and the rising popularity of interior designing will lead to sizable demand in the market.
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading digital photo frame market vendors that include Aluratek Inc., Creedon Technologies USA LLC, Danfoss AS, Eastman Kodak Co., GiiNii Tech Corp., Glimpse LLC, Hama GmbH and Co KG, Hewlett Packard Enterprise Co., Highland Technologies Ltd., Koninklijke Philips NV, Lenovo Group Ltd., LG Corp., Netgear Inc., PhotoSpring Inc., Samsung Electronics Co. Ltd., Sony Group Corp., Spheris Digital Ltd., Sungale Inc., ViewSonic Corp., and XElectron Technologies Pvt. Ltd. Also, the digital photo frame market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
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