Action Camera Market: Global Market Industry Analysis and Forecast (2021-2027) Trends, Statistics, Dynamics, Segmentation by Type, Product, Application, and Region.

Global Action Camera Market size was valued at US$ 2.40 Bn. in 2020 and the total revenue is expected to grow at CAGR 9.13% through 2021 to 2027, reaching nearly US$ 4.42 Bn.

Global Action Camera Market Overview:

An action camera is a digital camera specially designed to record action sequences, sports, adventure, and kind of activities normally featuring high-speed action while being completely immersed in it at the same time. An Action Camera is typically compact, lightweight, easy portability, rugged, and water-proof at surface level, normally mounted on helmets, cars, surfboards, motorcycles, and other objects to capture or record images and videos. It consists of various sensors in camera units that improve the overall 4k resolution quality, which provides high-quality videos. Global Action Camera Market To know about the Research Methodology :- Request Free Sample Report 2020 is considered as a base year to forecast the market from 2021 to 2027. 2020’s market size is estimated on real numbers and outputs of the key players and major players across the globe. Past five years' trends are considered while forecasting the market through 2027. 2020 is a year of exception and analyzed especially with the impact of lockdown by region.

Global Action Camera Market Dynamics:

The Action Camera market is showing northward direction growth, thanks to the growing trend of sports events such as trekking, mountain racing, ice skating, and outdoor adventure, increasing use of social media platforms such as Twitter, Facebook & Instagram for sharing live videos & pictures, and promotional & marketing activities are driving the growth of the action camera market across the globe. Action cameras come in handy when working in erratic conditions, extreme weather, and underwater outings due to their waterproof nature and specialized design, which is attracting consumers to buy these cameras in cost-sensitive regions. Nowadays, streaming live videos and posting them on social media platforms such as Facebook, Twitter, YouTube, and other platform is a trend among youngsters. According to a study, in the age group between 14-35 years, about 39.2% choose live streaming over social media content, and about 79.4% choose video content creation. These factors are driving the action camera market growth among the young population. An Action Camera market is highly fragmented and manufacturers are focusing to develop cameras with advanced technologies like Wi-Fi & network connectivity through the internet and waterproof casings, durable, and compact design, which are creating new opportunities for market growth of action cameras across the globe. For instance, the in-built waterproof casing is offered in Nikon KeyMission360, where customers have to buy aftermarket casings for Veho K2Pro 4K. Increasing Smartphone penetration coupled with advanced features of the camera is a major hurdle for the growth of the action camera market across the globe. Nonetheless, product innovation and high-technology-driven features are expected to drive market growth during the forecast period.

Global Action Camera Market Segment Analysis:

Based on the Resolution, the Action Camera Market is segmented into Ultra HD (UHD), Full HD, and HD. The Full HD Action Camera segment captured the largest market share accounted for 1.823 Billion in 2020 and is expected to grow at a CAGR of 12.93% during the forecast period. The full HD Action cameras provide flexibility in standard definition and high definition, clear & high-defined pictures, and sharp images due to oversampling of pixels, and stabilization, which is driving the demand growth for this segment across the globe. The Ultra HD (UHD) Action Camera segment is expected to witness rapid growth at a CAGR of 14.2% during the forecast period. The advanced feature coupled with a high-quality resolution for video recording and capturing images are driving the market growth for this segment. Based on the Distribution Channel, the Action Camera Market is segmented into Retail and Online. The Online Action Camera segment captured the largest market share accounted 3.178 Billion in 2020. The increasing consumer’s preference for online shopping, along with the growth of the e-commerce industry, attractive web graphics, online offers, and discounts are driving the product demand for this segment. Global Action Camera MarketBased on the Application, the Action Camera Market is segmented into Recreational Activities, Sports, Emergency Services, and Others. The Sports application segment held the largest market share accounted for 41.1% in 2020. The growing interest of people in sports activities such as skiing, biking, racing, skydiving, surfing, climbing, skateboarding, and others coupled with the habit of recording it is fueling the growth of the action camera market across the globe. In addition, a rising number of sports leagues such as Football and Cricket leagues among the many countries are expected to drive the growing demand for action cameras in the sports segment. Global Action Camera Market

Global Action Camera Market Regional Insights:

North America region held the largest market share of xx% in 2020. The growth in the region is supported by the presence of major producers and consumers in the region. The increasing use of smart gadgets and the growing trend of sharing content on social networking websites, coupled with the accessibility of technologically advanced and latest product varieties are driving the action camera market growth in this region. In the North American region, the U.S. accounts for the highest number of action camera consumers due to high awareness of the usage, a large number of travel bloggers, and the advanced adventure sports industry. Asia Pacific region held global market revenue share accounted for 25.8% in 2020 and is expected to witness a significant CAGR of 13.62% during the forecast period. The rising per capita incomes of people, rising expenditure on leisure, adventure, and sports activities, coupled with the vast popularity of social media channels are fueling the growth of the action camera market in the region. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also help in understanding the Trampoline Market dynamic, structure by analyzing the market segments and projecting the Trampoline Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Action Camera Market make the report investor’s guide.

Global Action Camera Market Scope: Inquire before buying

Global Action Camera Market
Report Coverage Details
Base Year: 2020 Forecast Period: 2021-2027
Historical Data: 2016 to 2020 Market Size in 2020: US $ 2.40 Bn.
Forecast Period 2021 to 2027 CAGR: 9.13 % Market Size in 2027: US $ 4.42 Bn.
Segments Covered: by Resolution • Ultra HD (UHD) • Full HD • HD
by Distribution Channel • Retail • Online
by Application • Recreational Activities • Sports • Emergency Services • Others

Global Action Camera Market by Region

• North America • Europe • Asia Pacific • South America • The Middle East and Africa

Global Action Camera Market Key Players

• Go Pro • Garmin • Sony • TomTom • Olympus • Veho • Drift • Rollei • Samsung Electronics Co • Shenzhen Arashi Vision Co., Ltd • The Ricoh Company • World Wide Licenses Ltd. • Eastman Kodak Company • Toshiba Corporation • Xiaomi Corporation

Frequently Asked Questions:

1] What segments are covered in the Action Camera Market report? Ans. The segments covered in the Action Camera Market report are based on Resolution, Distribution Channel, and Application. 2] Which region is expected to hold the highest share in the Action Camera Market? Ans. The North America region is expected to hold the highest share in the Action Camera Market. 3] What is the market size of the Action Camera Market by 2027? Ans. The market size of the Action Camera Market by 2027 is US $ 4.42 Bn. 4] Who are the top key players in the Action Camera Market? Ans. GoPro, Garmin, Sony, TomTom, Olympus, Veho, Drift, Rollei, Samsung Electronics Co, Shenzhen Arashi Vision Co., Ltd, The Ricoh Company, World Wide Licenses Ltd., Eastman Kodak Company, Toshiba Corporation, and Xiaomi Corporation. 5] What was the market size of the Action Camera Market in 2020? Ans. The market size of the Action Camera Market in 2020 was US $ 2.40 Bn.
1. Global Action Camera Market Size: Research Methodology 2. Global Action Camera Market Size: Executive Summary 2.1. Market Overview and Definitions 2.1.1. Introduction to Global Action Camera Market Size 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global Action Camera Market Size: Competitive Analysis 3.1. MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2. Consolidation in the Market 3.2.1 M&A by region 3.3. Key Developments by Companies 3.4. Market Drivers 3.5. Market Restraints 3.6. Market Opportunities 3.7. Market Challenges 3.8. Market Dynamics 3.9. PORTERS Five Forces Analysis 3.10. PESTLE 3.11. Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • Latin America 3.12. COVID-19 Impact 4. Global Action Camera Market Size Segmentation 4.1. Global Action Camera Market Size, by Resolution (2020-2027) • Ultra HD (UHD) • Full HD • HD 4.2. Global Action Camera Market Size, by Distribution Channel (2020-2027) • Retail • Online 4.3. Global Action Camera Market Size, by Application (2020-2027) • Recreational Activities • Sports • Emergency Services • Others 5. North America Farm Equipment Market(2020-2027) 5.1. Global Action Camera Market Size, by Resolution (2020-2027) • Ultra HD (UHD) • Full HD • HD 5.2. Global Action Camera Market Size, by Distribution Channel (2020-2027) • Retail • Online 5.3. Global Action Camera Market Size, by Application (2020-2027) • Recreational Activities • Sports • Emergency Services • Others 5.4. North America Farm Equipment Market, by Country (2020-2027) • United States • Canada • Mexico 6. European Farm Equipment Market (2020-2027) 6.1. European Farm Equipment Market, By Drive Type (2020-2027) 6.2. European Farm Equipment Market, by Equipment Type (2020-2027) 6.3. European Farm Equipment Market, by Automation (2020-2027) 6.4. European Farm Equipment Market, by Country (2020-2027) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Farm Equipment Market (2020-2027) 7.1. Asia Pacific Farm Equipment Market, By Drive Type (2020-2027) 7.2. Asia Pacific Farm Equipment Market, by Equipment Type (2020-2027) 7.3. Asia Pacific Farm Equipment Market, by Automation (2020-2027) 7.4. Asia Pacific Farm Equipment Market, by Country (2020-2027) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. The Middle East and Africa Farm Equipment Market (2020-2027) 8.1. The Middle East and Africa Farm Equipment Market, By Drive Type (2020-2027) 8.2. The Middle East and Africa Farm Equipment Market, by Equipment Type (2020-2027) 8.3. The Middle East and Africa Farm Equipment Market, by Automation (2020-2027) 8.4. The Middle East and Africa Farm Equipment Market, by Country (2020-2027) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. Latin America Farm Equipment Market (2020-2027) 9.1. Latin America Farm Equipment Market, By Drive Type (2020-2027) 9.2. Latin America Farm Equipment Market, by Equipment Type (2020-2027) 9.3. Latin America Farm Equipment Market, by Automation (2020-2027) 9.4. Latin America Farm Equipment Market, by Country (2020-2027) • Brazil • Argentina • Rest Of Latin America 10. Company Profile: Key players 10.1. GoPro 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. Garmin 10.3. Sony 10.4. TomTom 10.5. Olympus 10.6. Veho 10.7. Drift 10.8. Rollei 10.9. Samsung Electronics Co 10.10. Shenzhen Arashi Vision Co., Ltd 10.11. The Ricoh Company 10.12. World Wide Licenses Ltd. 10.13. Eastman Kodak Company 10.14. Toshiba Corporation 10.15. Xiaomi Corporation

About This Report

Report ID 100070
Category Information Technology & Telecommunication
Published Date May 2021
Updated Date Oct 2021
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