Action Camera Market Size, Share, and Analysis, By Resolution (Ultra HD, Full HD, HD, Standard Resolution), By Distribution Channel (Online, Retail), By Application (Sports, Recreational Activities, Emergency Services, Others), By End User (Personal, Professional) and Regional Forecasts, 2022-2032
PRODUCT OVERVIEWAction Camera Market size was USD 4.17 billion in 2021 and projected to grow from USD 5.7 billion in 2023 to USD 22.7 billion by 2032, exhibiting a CAGR of 16.7% during the forecast period.
Action cameras aka action cams are digital cameras mainly designed for capturing action while being immersed. These type of cameras are usually rugged, compact, and waterproof at any given surface level. They normally employ CMOS image sensors that proficiently record high-definition video besides clicking images in burst and time-lapse modes. One of their common features is slow-motion video recording at 240 or 120 fps.
MARKET HIGHLIGHTSAction Camera Market is expected to reach USD 22.7 billion, growing at a CAGR of 16.7% during the forecast period owing to growing viewers of video content, expanded use of smartphones, availability of low-cost data, and growing internet penetration. Also, the rising participation of youngsters in creating video content to gain fame on various social media platforms like Facebook, Instagram, Tik-Tok, and YouTube are expected to boost the growth of Action Camera Market over the forecast period.
Action Camera Market Segments:Resolution
Ultra HD
Full HD
HD
Standard Resolution
Distribution Channel
Online
Retail
Application
Sports
Recreational Activities
Emergency Services
Others
End User
Personal
Professional
MARKET DYNAMICSGrowth DriversRising Popularity of Action Cameras in Growing Number of Uses are Expected to Boost the Market Growth
Increasing Number of Sports Enthusiasts and Attractive Features of Action Cameras are Expected to Boost the Market Growth
RestraintIncreasing Use of Smartphones (Substitute) and Growing R&D in Mobiles for Better Quality Cameras to Restrain the Market Growth
Key PlayersPanasonic Corporation
Sony Corporation
Garmin Ltd.
Nikon Corporation
SZ DJI Technology Co. Ltd.
TomTom
Eastman Kodak Company
GoPro Inc.
YI Technology
Insta360
Rollei GmbH & Co. KG
Akaso
Smartprix
SJCAM
Drift Innovation
Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)
Global Laboratory Temperature Control Units Market is further segmented by region into:North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
Reasons to Purchase this ReportQualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
Provision of market value (USD Billion) data for each segment and sub-segment
Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
Provides insight into the market through Value Chain
Market dynamics scenario, along with growth opportunities of the market in the years to come
3-month post-sales analyst support.
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