Action Camera Market Growth Trends Analysis by 2027 | Emergen Research

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Rising demand for sports events and recreational activities, rising penetration of internet and social media platforms, & increasing number of product launches

The panoramic view of the Action Camera market entails useful insights into the estimated Action Camera market size, revenue share, and sales distribution networks. Such helpful market insights are bound to help readers outline this industry’s key outcomes in the near future.

The global action camera market size is expected to reach USD 4,372.7 Million in 2028, and register a revenue CAGR of 8.3% during the forecast period. Steady action camera market revenue growth can be attributed to rising trend of sharing photographs and videos (both live and recorded) on social networking platforms and media sites such as Facebook, Twitter, Instagram, Tumblr, and Snapchat. An increasing number of individuals and social media influencers as well as celebrities regularly share digital content, images, videos, and other such content with friends and followers. This trend is expected to continue owing to increasing number of social media apps and easy accessibility. Currently, streaming of live videos is garnering significant traction worldwide, especially amongst youngsters. According to a study, about 34% of Generation Z persons born between 1997 and 2015 exhibit an increasing inclination towards live streaming, particularly on social media platforms and nearly 82% choose live video streaming over social media content. Also, availability of apps, such as Reels, TikTok, and Youtube Shorts to create and post short videos is a key factor driving robust demand for action cameras.

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Key market aspects studied in the report:

Market Scope: The report explains the scope of various commercial possibilities in the global Action Camera market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.

Competitive Outlook: The leading companies operating in the Action Camera market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.

Competitive Terrain:

The global Action Camera industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.

The leading market contenders listed in the report are:

Eastman Kodak Company, Olympus Corporation, Toshiba Corporation, CASIO Computer Co. Ltd., Panasonic Corporation, Sony Corporation, Garmin Ltd., SJCAM Ltd., GoPro Inc., and TomTom International BV

The research study examines historic data from 2018 and 2020 to draw forecasts until 2028. The timeline makes the report an invaluable resource for readers, investors, and stakeholders looking for key insights in readily accessible documents with the information presented in the form of tables, charts, and graphs.

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Market Segmentations of the Action Camera Market

This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the period between 2020 and 2028. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Action Camera market on the basis of product, application, and region:

Segments Covered in this report are:

  • Product Type Outlook (Revenue, USD Million; 2018–2028)

    • Box Type
    • Cube Type
    • Bullet Type
    • Periscope and 360°
  • Resolution Outlook (Revenue, USD Million; 2018–2028)

    • Ultra-High Definition
    • Full High Definition
    • High Definition
    • Standard Definition
  • Application Outlook (Revenue, USD Million; 2018–2028)

    • Sports
    • Emergency Services
    • Recreational Activities
    • Others

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Key geographical areas:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East Africa

Key Points of the Geographical Analysis:

  • Data and information related to the consumption rate in each region
  • Estimated increase in the consumption rate
  • Proposed growth of the market share of each region
  • Geographical contribution to market revenue
  • Expected growth rate of the regional markets

Key Points of Action Camera Market:

  • Extensive coverage of the analysis of the Action Camera market
  • Key insights into the regional spread of the industry in key geographies
  • Radical insights into the vital market trends; both current and emerging trends, and factors influencing the growth of the market
  • Comprehensive coverage of the impact of the COVID-19 pandemic on the overall growth of the Action Camera market
  • Complete data about the key manufacturers and vendors in the Action Camera market

Table of Contents

  1. Executive Summary
  2. Research Methodology
  3. Market Overview
  4. Regional Landscape
  5. Global Market Analysis and Forecast by Types
  6. Global Market Analysis and Forecast by Applications
  7. Global Market Analysis and Forecast by Regions
  8. North America Market Analysis and Forecast
  9. Europe Market Analysis and Forecast
  10. Asia Pacific Market Analysis and Forecast
  11. Latin America Market Analysis and Forecast
  12. Middle East Africa Market Analysis and Forecast
  13. Competitive Landscape

In conclusion, the Action Camera Market report is an exhaustive database that will help readers formulate lucrative strategies. The Action Camera Market report studies the latest economic scenario with value, drivers, constraints, growth opportunities,  challenges, demand and supply ratio, production capacity, import/export status, growth rate, and others. Additionally, the report also undertakes SWOT Analysis and Porter’s Five Forces Analysis to study the leading companies.

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