Major Advancements : Action Camera Market Globally Expand at a CAGR of 14.60% by Revenue During the Period 2017-2021

Albany, New York, August 1, 2017 : Recent research and the current scenario as well as future market potential of "Global Action Camera Market 2017-2021" globally.

Action cameras are used to capture extreme action sports or activities. Regular cameras are incapable of capturing high-speed actions and are not designed for harsh conditions, including extreme weather. In contrast, action cameras are compact, lightweight, designed for rugged conditions, as well as can be worn on the body or mounted on vehicles. These cameras can capture high-speed and high-quality images. The popularity of social networking sites such as Facebook, Twitter, and Instagram, is one of the major drivers of the global action camera market. End-users share images and videos of their sports activities captured through action cameras on these sites; thus, increasing the demand for these cameras.

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Technavios analysts forecast the global action camera market to grow at a CAGR of 14.60% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global action camera market for 2017-2021. To calculate the market size, the report considers the revenue generated through the sales of action cameras excluding accessories.

The market is divided into the following segments based on geography:
APAC
Eastern Europe
MEA
North America
South America
Western Europe

Technavio's report, Global Action Camera Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Drift
Garmin
GoPro
iON
Rollei
Sony

Other prominent vendors
BRAUN PHOTO TECHNIK
Brinno
Chilli Technology
Delkin Devices
EyeSee360
Geonaute
Hitachi
iSAW
Liquid Image
Mobius ActionCam
Panasonic
PAPAGO
Pyle Audio
Toshiba
VIOFO
VIEVU
XSories

Market driver
Growing popularity of social networking sites.
For a full, detailed list, view our report

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Market challenge
Increasing competition among vendors.
For a full, detailed list, view our report

Market trend
Rapid shift in demand from developed nations to developing nations.
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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This release was published on openPR.