India sold 8,45,000 digital cameras in Q4 2010

CIOL Bureau
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BANGALORE, INDIA: The India digital camera market recorded a healthy growth in October-December 2010 (or Q4 CY 2010) with unit sales of recording 69 per cent year-on-year growth (over October-December 2009), said a study by CyberMedia Research.


DSLR camera sales grew 120 p.c

The overall market touched an all time high of 8,45,000 units for the first time in a quarter in Q4 CY2010. The Digital Single Lens Reflex (DSLR) camera category witnessed a significantly higher uptake, registering a growth of 120 per cent year-on-year during this period, said CMR's India Quarterly Digital Camera Market Review, 4Q 2010, April 2011 release.

In P&S category, Sony is market leader


In the point-and-shoot (P&S) category, Sony was the market leader with market share of 31 per cent in terms of unit sales during 4Q CY2010, followed by Nikon with 24 per cent, Kodak 13 per cent and Canon 12 per cent, it said.

Nikon leads DSLR category

In the DSLR category, Nikon was the leader with a 51 per cent share in terms of unit shipments during 4Q CY2010, followed by Canon with a 46 per cent share.


According to Anirban Banerjee, associate vice president, Research and Advisory Services, CyberMedia Research, multiple market forces have converged to drive the rise in sales of digital cameras in the India market in recent quarters.

“The most important ones are — increase in availability and sharing of digital content, increase in 'real' spending power and reduction in average selling values,” said Banerjee.

The reports said that the growing competition in recent quarters has led vendors to launch feature-rich cameras at affordable price points. This market activity typically starts around the April-June quarter and culminates in large sales during the 'festive' months lasting August-January, backed by heavy advertising in popular media channels and promotional schemes.


Demand more for below Rs 10,000 cameras

As per CyberMedia Research's study the digital camera price segment 'below Rs. 10,000' contributed around 75 per cent of total sales in the country during the October-December 2010 quarter.

According to Nikhil Khurana, lead analyst, India Digital Products Research, CyberMedia Research, the current market trends point to multiple ownership backed by an increasing consciousness and demand for high performance cameras amongst urban Indian households in the large metros.


“Users are looking to buy better quality, high-resolution cameras for personal use. Digital camera vendors are innovating in terms of design, functionalities and technology, pushing out products to consumers at ever lower prices,” he said.

CyberMedia Research expects the Point-and-Shoot (P&S) camera category to grow at a CAGR of 30 per cent, while DSLR cameras would grow at a CAGR of 63 per cent in terms of units over the period 2010-2015.

The overall India digital camera market would grow at a CAGR of 32 per cent in terms of units over the same period.


The India digital camera market would touch 41 lakh units in 2011, of which 38.4 lakh units would be P&S cameras, while the remaining 2.6 lakh would be DSLR cameras.

Interestingly, the number of mobile handsets with cameras sold in India during 4Q CY 2010 was 304 lakh units or 63 per cent of all phones, as compared to 138 lakh units or 42 per cent of all handset sales in 4Q CY 2009, said the report.