Global Action Camera Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Action Camera Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

An action camera or action-cam is a digital camera designed for filming action while being immersed in it. Action cameras are therefore typically compact and rugged, and waterproof at surface. They typically record photos in burst mode and time lapse mode with the point of view of the shooter they capture video in 4 k mode as this allows continuous capture of the action without having to interact with the camera or indeed removing it from its housing, if an additional protective housing is used. Most record on a micro SD card, and have a Micro-USB connector.

Market Overview:

The latest research study on the global Action Camera market finds that the global Action Camera market reached a value of USD 3152.91 million in 2022. It’s expected that the market will achieve USD 6550.28 million by 2028, exhibiting a CAGR of 12.96% during the forecast period.

Emerging and Growing Market of Action Camera

North America, Europe, China, India, South America, Middle East and Africa

The popularity of social networking sites such as Facebook, Twitter, and Instagram, is one of the major drivers of the Global Action Camera market. End-users share images and videos of their sports activities captured through action cameras on these sites, thus increasing the demand for these cameras. Vendors provide advanced product features to give an enriching customer experience. This helps to boost sales of action cameras.

Apart from this, this growth can be attributed to factors such as rising consumer’s affordability, increase demand for leisure life, more adventure sports and so on.

In developed market, they have more international companies, good channels, high market maturity, fierce competition, a highly competent management team, technology and finance advantages, keep on innovation, prominent market participants invest heavily in R&D, with the introduction of new technologies to their products, all of which make a growing market demand for Action Camera.

Opportunities

Improve performance

With the progress in science and technology, more advanced production methods, investment of companies, there will be more cost effective, high performance products in the future.

Emerging countries

For example, China, and India are developing their industries, with the progress of economy and technology, the increasing demand downstream, such as adventure sports and travel industry, the market Action Camera has great market potential.

Region Overview:

From 2022-2027, North America is estimated to witness robust growth prospects.

Company Overview:

GoPro is one of the major players operating in the Action Camera market, holding a share of 50.17% in 2020.

GoPro

GoPro, Inc. develops and sells cameras, and mountable and wearable accessories in the United States and internationally. The company offers HERO5 and HERO6, which are cloud-connected line of cameras; Fusion, a waterproof spherical camera; GoPro Plus, a cloud-based storage solution that enables subscribers to access, edit, and share content; Quik, a mobile editing app, as well as desktop app for editing options for power users.

Sony

Sony Corporation designs, develops, produces, and sells electronic equipment, instruments, and devices for the consumer, professional, and industrial markets worldwide. The company offers network services related to games, videos, and music contents; and home and portable game consoles, packaged software, and peripheral devices, as well as broadcast/professional, integrated circuit card technology, and medical and imaging device solutions.

Segmentation Overview:

Among different product types, HD segment is anticipated to contribute the largest market share in 2027.

SD

The so-called SD, is the physical resolution below 720p (1280x720) format.

HD

The physical resolution higher than 720p is called High Definition (HD). About HD standard, internationally recognized two criteria: video vertical resolution higher than 720p or 1080i; video aspect ratio is 16:9.

Full HD

The so-called full HD, refers to the physical resolution up to 1920x1080 (including 1080i and 1080p), i is the abbreviation of interlace, which means interlace scan; p is the abbreviation of progressive, which means progressive scan. they have a great difference in image quality. 1080p picture quality is better than 1080i. Apparently, 1080p can ensure the high resolution, excellent image quality, and it's widely used in high definition video surveillance systems.

Application Overview:

By application, the Casual Users segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Action Camera market covered in Chapter 3:

Rioch
Decathlon (Geonaute)
Drift Innovation
Garmin
TomTom
Xiaomi
Amkov
Ordro
Panasonic
JVC Kenwood
Sony
Braun
Contour (iON)
Casio
SJCAM
Toshiba
Polaroid
Chilli Technology
HTC
Veho
GoPro

In Chapter 4 and Chapter 14.2, on the basis of types, the Action Camera market from 2018 to 2029 is primarily split into:

Full HD
HD
SD

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Action Camera market from 2018 to 2029 covers:

Casual Users
Professional Users

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)