Press release
Action Camera Market To Develop Strongly And Cross USD 4,372.7 Million By 2028 | Report by Emergen Research
Action Camera Market | size | share
The point of view angle is another aspect of action cameras that is quite popular among adventure fans. An action camera delivers a first-person perspective of the user, giving viewers a personal glimpse into activities like rock climbing, surfing, and skiing. It may be placed on anything or used as a helmet camera. This feature of action cameras is quickly garnering a sizably strong fan and viewer following, and it is anticipated that demand and preference for more powerful devices will sustain market expansion in the future.
Some of the key participants in this Action Camera Market industry include:
Eastman Kodak Company
Olympus Corporation
Toshiba Corporation
CASIO Computer Co. Ltd.
Panasonic Corporation
Sony Corporation
Garmin Ltd.
SJCAM Ltd.
GoPro Inc.
TomTom International BV
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Some Key Highlights From the Report
In terms of revenue, the high definition category dominated the worldwide action camera market in 2020, and it is anticipated that it will continue to do so throughout the forecast period. The high definition action camera is a portable, compact camera that offers wide-angle lenses and enables users to capture images and movies of the desired quality. Since its introduction to the market, this area has experienced tremendous growth in popularity.
In terms of revenue, the offline segment dominated the worldwide action camera market in 2020, and it is anticipated that it will continue to do so throughout the forecast period. This is because the sellers offer good after-sale services for a reasonable price. Additionally, the high customer retention rate in offline channels promotes the expansion of this market.However, due to the increasing use of the internet and e-commerce sites for action camera purchases, the online segment is anticipated to pick up speed throughout the projection period. The internet stores offer substantial discounts, simple brand comparison, simple return policies, and flexible payment choices.
In terms of region, the North American action camera market was the largest worldwide in 2020. This is due to the rise in popularity of recreational and adventurous activities among young people, such as skydiving, bungee jumping, and scuba diving, as well as greater discretionary cash. The region's demand for action cameras is being greatly boosted by people's desire to record films and take photos so they may share them on social media.
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The report studies the impact of the COVID-19 pandemic on the Action Camera Market .The report offers valuable insights into the market size, market share, sales channel and distribution network, segmentation of the market, demands, and trends, and growth prospects. The report also studies the growth of the market on a global and regional scale.
Scope of the Global Action Camera Market Report :
The report performs an accurate estimation of the growth prospects of the different market segments by studying the current market scenario, past performance, demand and supply ratio, production, consumption, sales, and revenue generation of the key players in the upcoming years. The market segmentation provides a 360° view of the Action Camera Market industry, which turns out to be beneficial for readers interested in this sector.
Global Action Camera Market Research Objectives:
To provide deep understanding of the Action Camera Market industry.
To highlight the critical data of each segment at extensive level.
To determine key success factors in different segments of Action Camera Market industry.
To highlight the trends in specific sectors.
To give insights into key segments.
To carry economic analysis, build quantitative and financial models of global Fiber Optics industry and individual segments.
To project future performance of the global Fiber Optics industry and identify imperatives.
To identify risks of investing in particular segments and suggest appropriate strategies to mitigate the risks.
To study what held back the Fiber Optics industry during pandemic and forces that are driving up the global Action Camera Market post-pandemic.
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Segmentation :
For the purpose of this report, Emergen Research has segmented the global action camera market on the basis of product type, resolution, application, and region:
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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Regional Analysis Covers:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
What is the key information extracted from the report?
Extensive information on factors estimated to affect the Market growth and market share during the forecast period is presented in the report.
The report offers the present scenario and future growth prospects Market in various geographical regions.
The competitive landscape analysis on the market as well as the qualitative and quantitative information is delivered.
The SWOT analysis is conducted along with Porter's Five Force analysis.
The in-depth analysis provides an insight into the Market, underlining the growth rate and opportunities offered in the business.
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About Emergen Research
Emergen Research is a Market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer Market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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