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Key Trends Influencing the Growth of the Phone Tripod Market in 2025: Smart Modular Solutions With AI-Powered Tripod Enhances Video Capture And User Experience
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Is the Expected CAGR for the Phone Tripod Market Through 2025?
The size of the market for phone tripods has surged speedily in the past few years. The market, which is expected to rise from $3.35 billion in 2024 to $3.7 billion in 2025, anticipates a compound annual growth rate (CAGR) of 10.3%. The growth seen in the historic period is linked to the escalating demand for superior visual content, the increasing trend of remote work and virtual communication, a rise in internet usage, growth of e-commerce platforms, and the ever-growing popularity of content creation on platforms like YouTube and Instagram.
What's the Projected Size of the Global Phone Tripod Market by 2029?
The market size for phone tripods is projected to observe a brisk expansion in the coming years, growing to be worth $5.44 billion by 2029, as it experiences a compounded annual growth rate (CAGR) of 10.1%. This substantial growth during the forecast period can be credited to factors such as the quick sales of smartphones, enhanced internet accessibility, a growing population of travelers and food bloggers, the increasing demand for video capturing in professional 4K quality, as well as a burgeoning trend of telecommuting and virtual communication. Looking down the line, we see dominant trends including technological innovations, fresh product rollouts in the phone tripod space, multi-purpose tripods featuring integrated lights and AI-enabled stabilization, designs that emphasize portability for mobile users, recent product advancements, and the emergence of more compact, pocket-friendly phone tripods.
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Top Growth Drivers in the Phone Tripod Industry: What's Accelerating the Market?
The surge in smartphone usage is anticipated to fuel the expansion of the phone tripod market. Smartphones, handheld gadgets with integrated mobile phone and superior computing functions, are seeing a rapid increase in sales. This is due to factors including widespread internet usage, cost-effectiveness, varying pricing scales, shifting consumer trends, and societal and fashion influences. Phone tripods enhance the functionality of smartphones, particularly in photography and videography, making them attractive to content creators and enhancing the device's appeal. For example, as per Business of Apps, a UK-based B2B media and data firm, in August 2024, a total of 148.2 billion apps and games were downloaded in the year 2023, marking a 3.9% increase from 2022. Hence, the surge in smartphone usage is set to lead the expansion of the phone tripod market. An increase in the trend of working remotely is predicted to push the growth of the phone tripod market. Remote work allows employees to conduct their work from outside the traditional office setting, primarily using digital tools to coordinate with their teams and manage tasks. The rise in remote working is primarily due to technological advancements that enable flexible work schedules and the growing demand for a better work-life balance among employees. In a remote work scenario, tripods are used for stabilizing cameras and handheld devices for video conferencing and creating content, guaranteeing stable, high-quality visuals during virtual conferences and presentations. For instance, according to the Australian Institute of Health and Welfare, a government agency based in Australia, by April 2022, 46% of individuals had worked from home at least once a week over the past four weeks. Hence, the increase in remote working is fuelling the growth of the phone tripod market.
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What Trends Will Shape the Phone Tripod Market Through 2029 and Beyond?
To differentiate their offerings and fuel growth in the intensely competitive phone tripod market, leading corporations are focusing on creating intelligent modular solutions such as AI-powered smartphone tripods that are allure to tech-savvy consumers. These AI tripods enable superior quality video and photo-taking with automated precision due to their advanced face-tracking and 360-degree rotation capabilities that don't require the use of apps, Wi-Fi, or Bluetooth. For example, in July 2022, Chinese camera equipment manufacturer Hohem Technology introduced the Hohem Go, an innovative AI-operated 360-degree smartphone tripod that runs without the need of apps, Wi-Fi, or Bluetooth. Equipped with dual motors offering quiet 360-degree rotation and auto-tilt up to 30 degrees, this device can track faces using an integrated camera, making it perfect for those engaging in content creation or video calling. Weighing merely 300g, the Hohem Go is easy to carry around and versatile, powered by its 2000mAh battery that ensures 10 hours of operation. Additionally, it supports gesture control enables usage on tables or can be affixed to regular tripods while prioritizing privacy since it doesn't necessitate any connectivity for functioning.
What Are the Main Segments in the Phone Tripod Market?
The phone tripodmarket covered in this report is segmented -
1) By Type: Traditional, Tabletop, Flexible
2) By Connectivity: Wireless, Wired
3) By Size: Upto 10 Inches, 11-20 Inches, 21-30 Inches, Above 30 Inches
4) By Sales Channel: Specialty Stores, Online Retailers, Department Stores, Supermarkets Or Hypermarkets, Other Sales Channels
Subsegments:
1) By Traditional: Full-Size Tripods, Lightweight Tripods
2) By Tabletop: Mini Tripods, Compact Tripods
3) By Flexible: Gorillapod Style Tripods, Bendable Tripods
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Which Top Companies are Driving Growth in the Phone Tripod Market?
Major companies operating in the phone tripod market are Samsung Electronics Co. Ltd., Canon Inc., Nikon Corporation, Hama GmbH & Co KG, Vanguard World LLC, Manfrotto Ltd., Targus Corporation, Peak Design LLC, Gitzo S.A., The Tiffen Company LLC, Ravelli, SLIK Corporation, K&F Concept, Cullmann GmbH, Sirui Optical Co. Ltd., Benro BV, Neewer Technology Co. Ltd., Velbon Corporation, MeFOTO, Guangdong Fotopro Optics Technology Co. Ltd., ZOMEI, Promaster, Triopo, 3 Legged Thing
Which Regions Will Dominate the Phone Tripod Market Through 2029?
North America was the largest region in the phone tripod market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the phone tripod market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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