Professional Cameras Market Slowly Hobbles with 2K and 4K, while Large Vendors Struggle with Revenue

Professional Cameras Market SlowlyProfessional Cameras Market Slowly Hobbles with 2K and 4K, while Large Vendors Struggle with Revenue PR Newswire MOUNTAIN VIEW, California, Nov. 12, 2013 - Frost & Sullivan finds technology innovation ripe in the professional video cameras market, but DSLR shrinks total market pie Despite being pulled down by rapidly falling prices, the mature global digital broadcast and cinematography camera market will see growth (though marginal). Expansion is driven by continued digitization and the launch of new channels world over, especially in high-definition (HD) and 4K, which requires high-resolution content. Currently, the weak economy stifles profits of most vendors in the market, including large participants such as Sony and Panasonic. However, the market continues to gain momentum from the digital cinematography camera segment, with continued adoption of higher than HD resolution 2K and 4K cameras. Innovation is the highest in this segment, with vendors such as Red Digital Cinema Camera Company pushing the boundaries with resolution and offering 6K variants, and others such as Canon capturing mind and market share with their DSLR products for shooting HD. According to Frost & Sullivan's Global Digital Broadcast and Cinematography Cameras Market analysis, market revenues will reach $811.9 million by 2017.