We present the discovery of 48 new and the analysis of 55, including 7
previously discovered, dwarf galaxy candidates around the giant spiral galaxy
NGC~2997 using deep BVI images from the KMTNet Supernova Program. Their
V-band central surface brightness and total absolute magnitudes range between
20.3--26.7 mag arcsec−2 and --(8.02--17.69) mag, respectively, while the
I-band effective radii are between 0.14 and 2.97 kpc. We obtain α≃ --1.43 ± 0.02 for the faint-end slope of their luminosity
function, comparable to previously measured values but shallower than
theoretical predictions based on ΛCDM models. The distance-independent
distributions of their mass and color from the host galaxy NGC~2997 suggest
that the group could be dynamically young, prior to the development of
significant mass segregation or radial color gradients. The systematically
bluer colors of the brighter candidates than the fainter ones indicate higher
star formation activities in brighter members. We suggest that the higher-mass
dwarf galaxies in the group have maintained star-formation activities by
effectively retaining gas content, while environmental quenching is only
effective for the lower-mass galaxies. The interpretation of early evolutionary
stage of this group is also consistent with the overall morphological
distribution of the dwarf galaxy candidates showing a lack of morphologically
evolved candidates but a plethora of irregularly shaped ones. Our detection
rate of dwarf galaxy candidates in the NGC~2997 group and their inferred star
formation activities are largely comparable to those found in Milky Way analog
systems from the SAGA survey within the magnitude limit MV​≲ --13
mag, as well as those found in the ELVES survey