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Global Digital Photography Market will reach USD 110.79 Billion by 2021: Zion Market Research

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Sarasota, FL, Dec. 27, 2016 (GLOBE NEWSWIRE) — Zion Market Research has published a new report titled, “Digital Photography Market (Photo Processing Equipment, Interchangeable Lenses, Camera Cell Phones, Non Reflex and Others) for Photography Software, Photo Looks, Photo Processing and Others Applications: Global Industry Perspective, Comprehensive Analysis and Forecast, 2015-2021”. According to the report, global demand for digital photography market was valued at around USD 77.66 billion in 2015 and is expected to reach approximately USD 110.79 billion in 2021, growing at a CAGR of slightly above 6.1% between 2016 and 2021.

Digital photography is expected to witness rapid growth during the forecast period due to the growth of advanced social networking sites and photo sharing sites such as Instagram, facebook, Pinterest, and tumbler. Applications and services such as photo editor and adobe photoshop are surging the demand of digital photography market because digital images can be easily displayed, printed, stored and edited. Digital photography allows consumers to take professional quality photos themselves. Read the rest of the article

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