Action Camera Market Analysis, Size, Growth, Share, Outlook & Forecast to 2025
The global action camera market size is expected to reach USD 9.6 billion by 2025, expanding at a revenue-based CAGR of 16.7%, according to a new report by Grand View Research, Inc. A shift in consumer trends and demand for technologically advanced action cameras is likely to induce the market growth throughout the forecast period. 4K and above in parallel with high definition image resolution have made a huge difference to consumer perception about the camera industry in the recent years. For instance, display manufacturers are now focusing on providing adjustable contrast features for images with effective brightness. Entry level pricing and consumer demand for latest technology are the major driving factors as the industry is progressing in terms of resolution, image quality, and enhanced VR aspects. Demand for 4K resolution in action cameras is accelerating owing to the increased sale of Ultra HD variants in the past few years. It is also anticipated that the adoption of 4K display technology will outpace the demand for Ultra HD technology in the forthcoming years. Such consumer buying patterns will enable manufacturers to produce massive units of digital media. Recently, AKASO unveiled EK7000 Pro 4K waterproof action camera that involves adaptable view angle, auto image stabilization, and a wireless remote control. It is highly ideal for water sports to produce high quality images in the diving mode in underwater scenarios. The company has made the product available for consumers on Amazon.com
and Amazon.co.uk at an attractive price. EK7000 Pro 4K exhibits features such as upside down and loop recording that is capable of recording in outdoor conditions and producing sensitive evidence in case of insurance claims. Browse Details of Report @ https://www.grandviewresearch.com/industry-analysis/actioncamera-market Further key findings from the report suggest:
Ultra HD segment is estimated to register remarkable growth owing to growing emphasis of the customers on image quality and resolution of the videos captured
Retail channels accounted for highest market share in 2018 owing to change in consumer trends and high reliability for aftermarket sales service
The action cameras are being increasingly used for capturing the actions and adventures of surfing, skiing, skateboarding, climbing, skydiving, biking, bicycle racing, among other sports, hereby supporting the growth for the sports segment
Action cameras are experiencing a surge in demand by professionals for capturing crucial moments of their adventures and sharing them on social media platforms with their followers
Asia Pacific is anticipated to register higher growth in the market owing to increasing number of sports leagues and tournaments in the region
Some of the key players mentioned are GoPro, Inc.; Sony Corporation; Nikon Corporation; Garmin Ltd.; SJCAM; YI Technology; and SZ DJI Technology Co., Ltd.
Grand View Research has segmented the global action camera market based on resolution, distribution channel, application, end use, and region. Action Camera Resolution Outlook (Revenue, USD Million; Volume, Thousand Units, 2014 - 2025)
Ultra HD
Full HD
HD
Standard Resolution
Action Camera Distribution Channel Outlook (Revenue, USD Million; Volume, Thousand Units, 2014 - 2025)
Online
Retail
Action Camera Application Outlook (Revenue, USD Million; Volume, Thousand Units, 2014 - 2025)
Sports
Recreational Activities
Emergency Services
Others
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Action Camera End-use Outlook (Revenue, USD Million; Volume, Thousand Units, 2014 - 2025)
Personal
Professional
Action Camera Regional Outlook (Revenue, USD Million; Volume, Thousand Units, 2014 - 2025)
North America o
U.S.
o
Canada
Europe o
U.K.
o
Germany
Asia Pacific o
China
o
India
o
Japan
Latin America o
Brazil
Middle East & Africa
Table of Content Chapter 1 Methodology and Scope 1.1 Research Methodology 1.2 Research Scope and Assumptions 1.3 List of Data Sources Chapter 2 Executive Summary 2.1 Action Camera Market - Industry Snapshot & Key Buying Criteria, 2014 - 2025 2.2 Global Action Camera Market, 2014 - 2025 (USD
Million, Thousand Unit) 2.2.1 Global action camera market, by region, 2014 2025 2.2.2 Global action camera market, by resolution, 2014 2025 2.2.3 Global action camera market, by distribution channel, 2014 - 2025 2.2.4 Global action camera market, by application, 2014 - 2025 2.2.5 Global action camera market, by end-use, 2014 2025 Chapter 3 Action Camera Industry Outlook 3.1 Market Segmentation and Scope 3.2 Market Size & Growth Prospects 3.3 Action Camera Market - Value Chain Analysis 3.3.1 Vendor landscape 3.4 Action Camera - Market Dynamics 3.4.1 Market driver analysis 3.4.1.1 Easy-to-carry functionality along with handsfree operations 3.4.1.2 Surging social networking demand 3.4.2 Market challenge analysis
3.4.2.1 Growing preference for smartphones with built-in excellent quality camera 3.5 Action Camera Market - Company Market Share Analysis, 2018 3.6 Action Camera Market - Porter’s Five Forces Analysis 3.7 Action Camera Market - PESTEL Analysis Continue……… About Grand View Research, Inc.: Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
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