Degree Camera Market to Grow With a CAGR of 34.3% as a Result of Adoption of Healthy Lifestyles during 2024 | Top Keys Players: Samsung Electronics Co. Ltd., LG Electronics, Nikon Corp., GoPro Inc
The 360-degree cameras are able to capture real experiences and are a perfect tool for those people who think outside the box and are looking for a solution which can help them to achieve their goal. Further, the 360-degree cameras are offering a complete new video and picture experience to the consumers and this growing popularity of 360 videos & pictures is one of the major factors behind the consumer inclination towards 360-degree cameras.
The global 360-degree camera market accounted for USD 1950.5 Million in 2016 and is expected to reach significant market valuation of USD 19,008.5 Million by the end of 2024, expanding at a CAGR of 34.3% between the period 2017 and 2024.
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In terms of market segmentation, the global 360-degree camera market is divided by distribution into single brand store, multi-brand store and online store, out of which, the multi-brand store segment dominated the overall market of 360-degree camera across the world. Further, the single brand store segment is expected to achieve Y-O-Y growth rate of 37.8% by the end of 2024 as compared to previous years.
This report also studies existing competitive scenario of some of the key players of the global 360-degree camera market which includes profiling:
Samsung Electronics Co. Ltd.,
Bubl Technology Ltd.,
Ricoh Company Ltd. and Nokia Corporation.
The profiling enfolds key information of the companies which comprises of business overview, products and services, key financials and recent news and developments. Conclusively, the report titled “Global 360-Degree Camera Market Outlook 2024”, analyses the overall 360-degree camera industry to help new entrants to understand the details of the market. In addition to that, this report also guides existing players looking for expansion and major investors looking for investment in the global 360-degree camera market in near future.
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