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CICC highlights that propelled by the widespread adoption of social media and a significant uptick in outdoor recreational activities, the market for handheld smart imaging gadgets—chiefly panoramic and action cameras—is witnessing a swift expansion. These devices are not only intelligent and easily portable but also boast a wide array of application scenarios, with their usage continually pushing into new frontiers. CICC anticipates sustained industry growth ahead, with Asia, especially the Chinese market, emerging as the main engine behind this demand surge. Through innovation, domestic brand manufacturers are likely to take the helm in driving industry progress. Moreover, strategic cross-industry partnerships among leading players are anticipated to further invigorate market demand.
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