Action Camera Market Top Key Players - Sony Corporation, GoPro Inc., Garmin Ltd., Olympus Corporation, Veho World, TomTom NV, SJCAM Limited, PLR E commerce, LLC, Nikon Corporation

An Action Camera Market is a digital camera used to record video of activities, typically outdoor adventure sports. They are small and portable, and are waterproof, impact-resistant and impact-resistant, making them perfect for capturing activities such as skiing and surfing.

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ACTION CAMERA MARKET DRIVERS

The main factors that are helping this Action Camera Market to grow are:

• The tendency to post photos and videos on social media has helped the action camera market grow. There are many promotional and marketing campaigns that use these cameras.

• The growing number of smartphone users and the growth of the consumer electronics industry are also supporting the growth of this market.

• Technology has evolved to make this camera even more attractive by improving the features provided by these action cameras. A 360 degree camera with integrated virtual reality helps you capture events in a better way.

• The media and entertainment industry publishes more documentaries and videos that broadcast live on various sports. For this reason, action cameras have become more popular in the industry.

• The travel and tourism industry before the Corona era was also a driving force. By the end of 2022, the travel and tourism industry is expected to help boost sales again. The portability and small size of this camera will appeal to various tourists.

ACTION CAMERA MARKET CHALLENGES

There are few challenges that may restrict the growth of the market:

• The action camera market is a durable product with very low gyocheyuru.

• The cost of purchasing an action cam is high and it does not appeal to the public.

• Today, many smartphones don't feel the need for a personal action camera because they offer good quality advanced cameras that can capture different moments.

• High costs are required to carry out research and development with such cameras and implement better technologies.

• The lack of many components needed to manufacture these action cameras disrupts production.

• There are also data security and privacy concerns related to this camera.

ACTION CAMERA MARKET SEGMENTATION

By Types

The different types of action cameras offered in the market are:
• Box style
• Cube style
• Bullet style
• Periscope and 360 degree
• Other

By End User

The market can be segmented as follows based on end users :
• Professional
• Personal

By Technology

The market can be segmented as follows based on technology offered via these cameras:
• Standard definition (SD)
• High definition (HD)
• Ultra high definition (Ultra HD)

By Distribution Channel

The different channels through which these cameras are being sold are :
• By brand outlets
• Supermarkets/Hypermarkets
• E-commerce
• Specialty stores

By Region

The regional segmentation can be done as follows:
• North America
• Europe
• Asia-Pacific
• South America
• Middle East and Africa

COMPETITIVE LANDSCAPE

The market is fragmented with a few well known players. The key players in the action camera market are:

• Sony Corporation
• GoPro Inc.
• Garmin Ltd.
• Olympus Corporation
• Veho World
• TomTom NV
• SJCAM Limited
• PLR E commerce
• LLC
• Nikon Corporation

Read More Information: https://mobilityforesights.com/product/action-camera-market/

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