The increasing popularity of outdoor activities, music festivals, extreme sporting events, and seasonal cycles are key reasons for the action cameras' popularity and that also fueled the global market growth for it during the forecast period.

Description

Global Action Camera Market by Type (Box Style, Cube Style, Bullet Style, 360° Periscope), Technology (Standard, High-Definition, Full-High Definition, Ultra-High Definition), End User (Commercial Use and Professional Use), Distribution Channel (Online and Offline), and Application (Sports, Recreational Activities, Emergency Services, and Others), and by Region – Global Industry Sizing, Growth, Trend, Opportunity, and Forecast (2020–2025)

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The camera action market report covers a thorough analysis of the market dynamics, business models, segmental/regional analysis, and respective market shares and strategies adopted by the key market players operating globally. It entails an in-depth analysis of the factors influencing the global market and market statistics indicating region wise and segment-wise market share/growth analysis. The report's study will outlook one of the most exhaustive analyses of the market, capturing all the camera action industry aspects.

Action Camera Market Introduction

The action camera market size is USD XX billion in 2019 and is expected to register an XX% CAGR during the forecast period, 2020-2025. A camera for action is a compact device placed on helmets, bikes, vehicles, surfboards, and other objects to capture high-definition and wide-angle view images. Usually used in outdoor sports, it possesses exceptional construction quality, enabling it to function under extreme conditions. It captures images in various resolutions ranging from 1080p HD to 4K UltraHD at 120, 60, 48, 30, and 24 frames a second.

An action camera is a video camera designed to capture sequences of action while, at the same time, being fully absorbed in it. Having a robust, lightweight build while being waterproof at the surface level will then make sense for these cameras. These cameras are designed to shoot from an individual's point of view and can be worn or mounted. 

Global Action Camera Market Dynamics

The growth of the global market for action camera is driven by an increase in social media sites' popularity, leading to a rise in the trend of internet sharing of video content. Also, the rise in adventure sports popularity is fueling the demand for action cameras around the globe. Rapid penetration of smartphones with emerging camera technology and a wide range of utilities serves as a significant constraint to an action camera's need. On the contrary, the launch of cameras with enhanced functionality at a low cost is expected to deliver lucrative market growth opportunities. Rising internet penetration and breakthroughs in camera technology are also projected to build potential growth opportunities.

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The increasing popularity of outdoor activities, music festivals, extreme sporting events, and seasonal cycles are key reasons for the action cameras popularity, and that also fueled the global market growth for it during the forecast period.

Continuous advancement of advances made in this area, such as the miniaturization of sensors, the extensive use of smart gadgets, the compact and flexible sizing of these devices, and additional features such as Wi-Fi networking capabilities. The introduction of waterproof camera housings, 4K resolution, and high-image-quality, crystal-clear video capture has created massive opportunities for manufacturers.

Impact of COVID-19 on Action Camera Market

The report analyses and includes a specific detailed chapter about the short-term & long-term impact of the COVID-19 outbreak on each segment and region of the "Global Action Camera Market" and relatable government measures with the most current standards to support the industry. It also highlights the current market landscape during COVID breakout, the virus's impact on leading companies, the expected demand schedule, the industry's supply chain, and other significant factors. These factors will help you identify those companies that may benefit from this pandemic, as well as those that will lose out. 

Action Camera Market: Scope of the Report

The global market for the action camera is segmented into type, technology, end user, distribution channel, and application.

Based on type, the action camera market is segmented into-

• Box Style
• Cube Style
• Bullet Style
• 360° Periscope

Based on technology, the action camera market is segmented into-
•    Standard
•    High-Definition
•    Full-High Definition
•    Ultra-High Definition
Based on end user, the action camera market is segmented into-
•    Commercial Use
•    Professional Use
Based on the distribution channel, the action camera market is segmented into-
•    Online
•    Offline
Based on application, the action camera market is segmented into-
•    Sports
•    Recreational Activities
•    Emergency Services
•    Others

Global Action Camera Market: Regional Outlook

Based on the region, the global action camera market has been segmented into five geographical regions, namely, North America, Asia Pacific, Europe, South America, and the Middle East and Africa. In 2019, North America dominated the global action camera market due to this growing demand and popularity of outdoor adventure sports and higher disposable revenues. With many of the industry's leading players releasing products intended only for the European market, it is expected that Europe will in the near future leave a profound mark on the global camera action market.

Global Action Camera Market: Competitive Landscape

The leading manufacturers of action camera in the global market include GoPro, Inc., Sony Corporation, Nikon Corporation, YI Technology, Garmin Ltd, SZ DJI Technology Co., Ltd, SJCAM, and Drift Innovation.
•    GoPro, Inc. launched a limited edition of Hero7 Black in 'Dusk White' in February 2019, for USD 399.99 worldwide. It allows both Facebook and YouTube to live stream the user.
•    SZ DJI Technology Co., Ltd. released a tiny portable camera called the Osmo Pocket in  November 2018 to compete against GoPro's Hero 7. The Osmo Pocket has a three-axis gimbal, which can record 4 K at a data rate of 100Mb/s at 60 frames/second.

The action camera market report provides a thorough analysis of macro-economic factors and every segment's market attractiveness. The report will include an in-depth qualitative and quantitative assessment of segmental/regional outlook with the market players' presence in the respective segment and region/country. The information concluded in the report includes the inputs. 

Action Camera Market Report Covers Comprehensive Analysis On:
•    Market Segmentation & Regional Analysis
•    Market Size of 10 years
•    Pricing Analysis
•    Supply & Demand Analysis
•    Product Life Cycle Analysis
•    Porter's Five Forces & Value Chain Analysis
•    Developed & Emerging Economies Analysis
•    PEST Analysis
•    Market and Forecast Factor Analysis
•    Market Opportunities, Risks, & Trends
•    Conclusion & Recommendation
•    Regulatory Landscape
•    Patent Analysis
•    Competition Landscape
•    15+ Company Profiles

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