Photography Equipment Market in the US 2016-2020

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The photography market in the US accounted for approximately one-fifth of the total revenue generated by the global photography equipment market during 2015 and is anticipated to grow at a moderate CAGR of around 4% during the forecast period. In the US, the high replacement demand for built-in lens digital cameras and compact point-and-shoot cameras will aid in the growth of this market over the next few years. Breakthrough innovation is a critical factor that will impel the prospects for growth in this market.

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