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Dual Lens Camera Smartphone Market size is set to grow by USD 208.8 billion from 2024-2028, growing popularity of social networking applications boost the market, Technavio

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NEW YORK, June 13, 2024 /PRNewswire/ — The global dual lens camera smartphone market size is estimated to grow by USD 208.8 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 6.36% during the forecast period. Growing popularity of social networking applications is driving market growth, with a trend towards advanced 3D stacked image sensors. However, reduced battery life of dual lens smartphones due to high power consumption poses a challenge. Key market players include Acer Inc., Alphabet Inc., Apple Inc., ASUSTeK Computer Inc., BBK Electronics Corp. Ltd., BlackBerry Ltd., Coolpad Group Ltd., HTC Corp., Huawei Technologies Co. Ltd., Lava International Ltd., Lenovo Group Ltd., LG Electronics Inc., Micromax Informatics Ltd., Nokia Corp., Panasonic Holdings Corp., Samsung Electronics Co. Ltd., Shenzhen Transsion Holdings Co. Ltd., Sony Group Corp., TCL Electronics Holdings Ltd., Xiaomi Communications Co. Ltd., and ZTE Corp..

Get a detailed analysis on regions, market segments, customer landscape, and companies- View the snapshot of this report

Dual Lens Camera Smartphone Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 6.36%

Market growth 2024-2028

USD 208.8 billion

Market structure

Fragmented

YoY growth 2022-2023 (%)

5.6

Regional analysis

APAC, North America, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 50%

Key countries

US, China, India, UK, and Germany

Key companies profiled

Acer Inc., Alphabet Inc., Apple Inc., ASUSTeK Computer Inc., BBK Electronics Corp. Ltd., BlackBerry Ltd., Coolpad Group Ltd., HTC Corp., Huawei Technologies Co. Ltd., Lava International Ltd., Lenovo Group Ltd., LG Electronics Inc., Micromax Informatics Ltd., Nokia Corp., Panasonic Holdings Corp., Samsung Electronics Co. Ltd., Shenzhen Transsion Holdings Co. Ltd., Sony Group Corp., TCL Electronics Holdings Ltd., Xiaomi Communications Co. Ltd., and ZTE Corp.

Market Driver

The dual lens camera smartphone market is experiencing significant growth, driven by advancements in CMOS sensors. This sector’s expansion is fueled by increased R&D spending and patent filings. Manufacturers like Sony, OmniVision Technologies, SAMSUNG, and PIXEL PLUS are investing in 3D stacked image sensors, which offer benefits such as form factor reduction, flexible manufacturing options, and die optimization. These innovations result in enhanced features, including fast autofocus, improved low-light sensitivity, and 4K video recording. 

The dual lens camera smartphone market is experiencing significant growth with various tech companies introducing innovative features. Video and image stabilization, depth sensing, and portrait mode are trending features in this segment. The use of artificial intelligence and machine learning algorithms enhances the camera experience, providing users with superior image and video quality. Zoom and focus capabilities have also improved, making these devices ideal for professional photography and videography. The market is competitive, with brands offering different price points and specifications to cater to diverse consumer needs. The demand for affordable yet high-performing dual lens camera smartphones is on the rise, making it an exciting space to watch. 

Research report provides comprehensive data on impact of trend. For more details- Download a Sample Report

Market Challenges

Dual camera systems in smartphones demand more power due to their advanced imaging capabilities and additional features like optical zoom and image stabilization. This increased power usage can strain the processor, graphics processing unit, and RAM, potentially shortening the device’s battery life. Manufacturers are working on improving power efficiency and battery technology, but the sophisticated camera features continue to negatively impact battery life, which could limit the growth of the global dual lens camera smartphone market.The dual lens camera smartphone market is experiencing significant growth, with major advancements in technology. One of the main challenges is ensuring compatibility and seamless integration of two cameras. Another challenge is optimizing image processing for both lenses, providing users with high-quality images.Additionally, pricing remains a concern, as consumers seek affordable options without compromising on features. Competition is fierce, with numerous brands offering similar products. Differentiating offerings through unique features and effective marketing strategies is essential. Furthermore, keeping up with consumer preferences and demands for continuous innovation is crucial for market success.

For more insights on driver and challenges – Request a sample report!

Segment Overview 

Distribution Channel1.1 Offline1.2 OnlinePrice 2.1 Premium range2.2 Medium range2.3 Low rangeGeography 3.1 APAC3.2 North America3.3 Europe3.4 South America3.5 Middle East and Africa

1.1 Offline- The offline sales channel for the global dual lens camera smartphone market is anticipated to remain substantial from 2023 to 2028. Physical retail locations, including carrier stores, flagship stores, and electronics merchants, enable customers to compare features, test camera functionality, and receive assistance from sales representatives. Manufacturers and retailers will form strategic partnerships to ensure product placement and visibility.

Department stores and authorized resellers will also contribute to market expansion. Offline marketing methods, such as product launches and in-store demos, will increase brand awareness and sales. Despite the growth of online sales, the tactile experience and quick access offered by offline channels will continue to attract consumers.

A combination of offline and online strategies could lead to omnichannel approaches, providing a seamless shopping experience. These elements will moderate the expansion of the offline segment for the global dual lens camera smartphone market.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) – Download a Sample Report

Research Analysis

In the dynamic world of technology, the dual lens camera smartphone market continues to evolve, offering advanced photography capabilities to users. This market caters to various imaging needs, from wider angle group shots to telephoto zoom capabilities for distant subjects. Ultra-wide-angle and periscope zoom lenses expand the horizon of possibilities, enabling users to capture stunning images in diverse lighting conditions, including night mode.

Imaging technology and user experience are at the forefront of innovation, with megapixel sensors, larger apertures, and optical image stabilization enhancing image quality. Social media influencers and designers leverage these features to create engaging content for social networking applications and Mobile AR experiences. CMOS sensors and motorcycles are also part of this ecosystem, contributing to the overall performance and versatility of these devices.

Market Research Overview

The dual lens camera smartphone market is experiencing significant growth due to the increasing demand for advanced photography features. These devices offer improved image quality, depth perception, and versatility through the use of two lenses. The technology enables features such as bokeh effect, telephoto capabilities, and wide-angle shots.

Consumers are drawn to these devices for their ability to capture professional-grade images and videos. Additionally, the integration of artificial intelligence and machine learning algorithms enhances the camera experience further. The market is expected to continue expanding as technology advances and consumer preferences shift towards high-quality imaging capabilities.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

Distribution ChannelOfflineOnlinePricePremium RangeMedium RangeLow RangeGeographyAPACNorth AmericaEuropeSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Summit of Whose Future? Girls Have the Answers: Leaders Must Listen

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Young Women Activists Launch “What Girls Want,” Demand World Leaders Put Girls at the Center of Summit of the Future 

NEW YORK, Sept. 21, 2024 /PRNewswire/ — Today in New York, more than 50 young women from around the world – including Nobel Prize Laureate Malala Yousafzai – gathered to take government to task for failing to prioritize girls and young women in the upcoming Summit of the Future. The group is backed by acoalition of girl-centered non-profit organizations, institutions, and funds who synthesized the demands of girls at www.whatgirlswant.com.

At a demonstration near the UN, alongside life-size cutouts of world leaders dressed ironically as “girl experts”, the activists delivered a strong message: world leaders aren’t the experts on what girls want for their futures – girls are. 

Eylül Erçin, 19, from Türkiye, shared: “The time has passed for girls and young women to be treated as mere afterthoughts. Leaders must include us in the foundational design of these processes, ensuring that our priorities are integrated into shaping the future we will inherit. Anything less is unacceptable.”

Today’s event is about more than calling out a process failure. Girls i from around the world delivered a forward-looking call to action this week. They expect governments, institutions, and community leaders to step up and help shape a more equitable future.

Alongside fellow activists, Malala said: “Even at 27, I know better than to assume I understand best what girls want. Everywhere I go, girls are eager to share their vision for their futures. As adults, it is our job to listen, fund their work and follow their lead. It is not too late for world leaders to do right by girls. They can start by prioritizing their demands in tomorrow’s final Summit deliberations and by investing resources to match their words.”

The evidence is clear: investing in girls and delivering on their rights transforms economies, societies, and the environment, advancing the SDGs and building a future that girls deserve.

About What Girls Want 

This effort was produced by a collaboration of girl-centered organizations, institutions, funders, and allies. The campaign is anchored around work to collate insights, data, and stories from 20+ public consultations with girls and young women over the past decade, driven by a shared desire to center girls’ demands in spaces where they are being ignored. 

Contact:

whatgirlswantpress@gmail.com

nate.powers@edelman.com

Logo – https://mma.prnewswire.com/media/2384993/Women_Deliver_Logo.jpg 

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48-Hour Saudi Visa Processing, Major Discounts and Unmissable Giveaways – Only at ‘Spectacular Saudi’ in Mumbai

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NEW DELHI, Sept. 21, 2024 /PRNewswire/ — Saudi’s national tourism brand, ‘Saudi Welcome to Arabia’ is hosting its first-ever immersive consumer event ‘Spectacular Saudi’, from September 25 to October 2,  from 2:00 p.m. – 10:30 p.m. at R2 Ground in BKC, Mumbai.

Slated to transport visitors straight to the Heart of Arabia; the 8-day immersive experience will give visitors a glimpse into Saudi’s many wonders and iconic experiences – all while extending the warm Saudi welcome. To give consumers a truly memorable experience Saudi is offering exclusive giveaways and discounts specially curated for Indian travellers.

What’s more, Indian travellers can fast-track their Saudi visas exclusively at the event. All you need is a valid Visa or Mastercard credit card! Head on over to one of eight dedicated Tasheer kiosks, ensure the name on the credit card matches the passport, and have sufficient funds available on the card. After that, sit back and relax as your visa will be in hand within 48 hours!

It has never been easier to visit Saudi. With the most seamless visa process offered to date, the excitement doesn’t end there. On the travel front, SAUDIA Airlines is offering special deals, including a buy one get 50% off on the second ticket if travelling business class. Additionally, all economy class tickets will be 15% off. Attendees will also have the chance to participate in daily giveaways for free flight tickets for two to Saudi. With over 50+ travel trade offers, visitors can access incredible cashback and discounts on Saudi travel packages. Additionally, those booking Saudi packages will enjoy complimentary cultural city tours. Group tour packages to Riyadh, Jeddah, and Dammam will be available exclusively at the event, starting at INR 99,999 for 5 nights.

Visitors can expect unique immersive experiences–including exhibits, culinary delights, Ardah dancers, Saudi coffee, traditional scents, and fashion–all under one roof. So don’t miss out and register here to experience a piece of Saudi, right in the heart of Mumbai.

Photo – https://mma.prnewswire.com/media/2511104/Spectacular_Saudi.jpg

 

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Indian Cancer Genome Atlas Launches the Country’s First Comprehensive Cancer Multi-Omics Data Portal

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Offers open access to cancer data for research

NEW DELHI, Sept. 21, 2024 /PRNewswire/ — The Indian Cancer Genome Atlas (ICGA) has launched India’s first comprehensive cancer multi-omics data portal. This pioneering platform provides open access to clinically correlated data from Indian cancer patients, aimed at transforming cancer research and treatment for Indian populations.

Historically, cancer treatments in India have been based on Western data sets. However, cancers in Indian patients can differ significantly at the molecular level. ICGA’s mission is to create Indian-specific datasets to help researchers and clinicians develop personalized treatment protocols. This new open-access portal represents a monumental step in revolutionizing cancer research, specifically for Indian patients.

The ICGA cancer multi-omics portal is the first in India to offer data that includes DNA, RNA, and protein profiles of breast cancer patients, integrated with clinical outcomes. Currently, the platform consists of data from 50 breast cancer patients, with plans to expand to over 500 patients in the coming year. This data is freely accessible to the global research community under India’s PRIDE guidelines, which promote ethical sharing and collaboration in cancer research.

Key Highlights of this portal include:

India’s First Cancer Multi-Omics Data Portal: A comprehensive resource that offers detailed multi-omics data for breast cancer patients, including genomic and proteomic information.Based on cBioPortal Platform: Derived from the internationally recognized cBioPortal, this platform ensures seamless integration with global cancer research efforts.Initial Dataset from 50 Indian Patients: Provides clinically annotated DNA, RNA, and protein profiles, along with treatment histories and patient outcomes, with an aim to scale up to 500 in a year.Free Access Under PRIDE Guidelines: Adhering to responsible and ethical data-sharing practices, the portal is freely accessible to the scientific community.A Step Toward Precision Oncology for Indian Patients: This initiative is designed to enable the development of personalized cancer treatments tailored to Indian patients.Call for Collaboration:  ICGA invites researchers worldwide to contribute and expand the platform, fostering global collaboration in cancer research.

Professor Shekhar C. Mande, Former DG-CSIR, Currently Senior Professor at Savitribai Phule Pune University
“Making this invaluable cancer data publicly accessible marks a pivotal step in accelerating scientific discoveries and enhancing patient outcomes. By openly sharing this data, we are empowering researchers, clinicians, and innovators to collaborate, explore new frontiers, and drive transformative breakthroughs in cancer treatment.”

Joint Statement from Dr JC Zenklusen – Director of The Cancer Genome Atlas (TCGA) at the NCI, NIH, USA, and Prof Sunil Badve – Vice Chair, Pathology Cancer Programs, Department of Pathology and Laboratory Medicine, Emory University School of Medicine, Atlanta, Georgia, USA
“Fifteen years ago, when we launched TCGA, we could not have foreseen the remarkable progress cancer research would make. It is incredibly exciting to see ICGA advancing so rapidly and taking bold steps in revolutionizing cancer research. Understanding the genome of cancer patients will improve the treatment of Indians not only in India but also worldwide. We, both, encourage others with similar data to actively contribute to ICGA, so this initiative can grow even faster and drive greater breakthroughs.”

Dr. Anand Deshpande, Chairman and Managing Director at Persistent, and Non-Executive Director at ICGA
“We have made an excellent start with this groundbreaking multi-omics cancer portal. Cancer touches all of us, and the need for more effective, personalized treatments—especially tailored to the unique genetic and environmental factors in India—is urgent. This portal will empower researchers with crucial data to advance customized cancer research for better treatment outcomes. I encourage everyone to contribute and support this vital cause, helping us accelerate progress in the fight against cancer.”

About Indian Cancer Genome Atlas (ICGA):
The Indian Cancer Genome Atlas (ICGA) is a national initiative focused on mapping the genomic, transcriptomic, and proteomic landscapes of cancers across India. As a section 8 not-for-profit organization, the ICGA Foundation, operates through a public-private-philanthropic partnership, with active support from over 50 clinicians, researchers, and data analysts. Its mission is to enhance cancer diagnosis and treatment for Indian patients and contribute to the global understanding of cancer biology. The foundation’s first project focuses on the multi-omics profiling of breast cancer, with plans to extend this effort to other types of cancer in the future.

https://www.icga.in/

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