Press release
360 Degree Camera Market is projected to grow to USD 3,124.8 million by 2029 : Cognitive Market Research
360 Degree Camera Market is projected to grow to USD 3,124.8 million by 2029 : Cognitive Market Research
A 360-degree camera works by capturing the entire scene at once. Typically, these cameras have multiple wide-angle lenses arranged in a circular pattern, which allows them to capture each different angle simultaneously, providing an unobstructed view. Since the advent of cameras, technological advancements have been incorporated into products to increase the quality, resolution, and coverage of capture. The latest addition to the camera family is the 360-degree camera. Rising awareness and demand for enhanced safety and security among end users is one of the factors driving the growth of the global market. Increasing demand and adoption of smart devices across the globe is also driving the growth of the 360-degree camera market. The introduction of wireless 360-degree cameras is also boosting the growth of the market in terms of revenue. Further advances in technology have led to the incorporation of advanced features such as 4K, live streaming, waterproofing, Wi-Fi and Bluetooth, connected GPS, mobile connectivity, and post-crop editing capabilities into 360-degree cameras.
Read Full Report with Table of Contents :
@-https://www.cognitivemarketresearch.com/360-degree-camera-market-report
Regional Analysis of 360 Degree Camera Market:
• North America is expected to dominate the global 360-degree camera market during the forecast period owing to the large presence of various 360-degree camera manufacturers and high adoption by various industry verticals in the region. Asia Pacific (including China, Japan) and Europe are expected to follow North America in the global 360-degree camera market. However, China is expected to witness the highest growth rate over the forecast period owing to the increasing penetration of smart devices, faster economic growth, increasing customer spending, and shifting consumption behavior of end users in the region. Apart from this, Latin America and MEA are also expected to witness considerable growth in the global 360-degree camera market during the forecast period.
Top players involved in the 360 Degree Camera Market:
• Go Pro
• Nikon
• Rylo Inc.
• Samsung Electronics
• Nokia
• Sony Corporation
• Xiaomi Group
• Humaneyes Technologies
• Panasonic
• Kodak
• Ricoh
• Insta360
• 360fly
• LG Electronics
• Bubl being highlighted
• Others
Segment Analysis:
• Based on resolution, high definition (HD) and ultra-high definition (UHD) are the segments of the global 360-degree camera market. The high definition (HD) segment is expected to hold the highest market share. With the increased clarity of high-definition (HD) 360-degree cameras, on-screen images may be less blurry. Better motion and more vivid, natural colors are two added benefits of high definition (HD).
• Based on connection type, the market is segmented into wired cameras and wireless cameras. In 2021, the wired cameras dominated the global 360-degree camera market. Cables connect wired cameras to power and internet connections. In photo studios, such cameras are often used.
• Based on camera type, the market is segmented into single and professional. Professional cameras will dominate the 360-degree camera market in 2021 as they can take wide-angle 360-degree high-quality photos. They are very efficient and can increase the overall safety of the situation.
• Based on distribution channel, the global 360-degree panoramic camera market is segmented into online stores, single-brand stores, and multi-brand stores. Multi-brand stores dominate the global 360-degree cameras market in terms of sales volume. Accessibility of multi-brand products in a one store contributes to the growth of this market. A multi-brand retail store is a store that offers a variety of different brands of products and services in one convenient location.
• Based on vertical, the market is segmented into media & entertainment, consumer, military & defense, travel & tourism, automotive, commercial, healthcare, and others. In 2021, the consumer goods category holds the major market share. The market for 360-degree cameras has room to expand as more and more people use them for various purposes such as sports, photography, events, and festivals.
• Based on application, the global 360-degree camera market is segmented into traffic surveillance, grid layout, aerial landscape, and others. In 2021, the traffic surveillance category holds the major market share.
Related Report:
• CCTV Market - https://www.cognitivemarketresearch.com/cctv-market-report
• High-Speed Cameras Market - https://www.cognitivemarketresearch.com/high-speed-cameras-market-report
• Panoramic Camera Market - https://www.cognitivemarketresearch.com/panoramic-camera-market-report
• Digital Camera Market - https://www.cognitivemarketresearch.com/digital-camera-market-report
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
20 N State Street,Chicago,
Illinois, 60602
United States
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Email: sales@cognitivemarketresearch.com
Website: https://www.cognitivemarketresearch.com/about-us
About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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