Action Camera Trends and Forecast
The future of the global action camera market looks promising with opportunities in the sport, recreational activities, and emergency services markets. The global action camera market is expected to reach an estimated $9.1 billion by 2030 with a CAGR of 15.8% from 2024 to 2030. The major drivers for this market are growing use of action cameras in both outdoor and professional settings, rising usage of AI and VR technologies in cameras, and increasing demand from consumers for premium lenses and cameras.Action Camera by Segment
The study includes a forecast for the global action camera by resolution, distribution channel, application, end use, and region.Action Camera Market by Resolution [Shipment Analysis by Value from 2018 to 2030]
- Ultra HD
- Full HD
- HD
- Standard Resolution
Action Camera Market by Distribution channel [Shipment Analysis by Value from 2018 to 2030]
- Online
- Retail
Action Camera Market by Application [Shipment Analysis by Value from 2018 to 2030]
- Sports
- Recreational Activities
- Emergency Services
- Others
Action Camera Market by End Use [Shipment Analysis by Value from 2018 to 2030]
- Personal
- Professional
- Others
Action Camera Market by Region [Shipment Analysis by Value from 2018 to 2030]
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Action Camera Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies action camera companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the action camera companies profiled in this report include-- GoPro
- Sony
- Nikon
- Garmin
- SJCAM
- YI Technology
- Drift Innovation
Action Camera Market Insights
The publisher forecasts that full HD is expected to witness the highest growth over the forecast period due to rise in the production of video content and significant increase in the quantity of influencers who began regularly sharing videos and vlogs.North America will remain the largest region over the forecast period due to the region's high level of disposable income and growing interest in adventure sports like skydiving, paragliding, and bungee jumping in the region.
Features of the Global Action Camera Market
- Market Size Estimates: Action camera market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Action camera market size by various segments, such as by resolution, distribution channel, application, end use, and region in terms of value ($B).
- Regional Analysis: Action camera market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different resolution, distribution channel, application, end use, and regions for the action camera market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the action camera market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the action camera market size?Answer: The global action camera market is expected to reach an estimated $9.1 billion by 2030.
Q2. What is the growth forecast for action camera market?
Answer: The global action camera market is expected to grow with a CAGR of 15.8% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the action camera market?
Answer: The major drivers for this market are growing use of action cameras in both outdoor and professional settings, rising usage of AI and VR technologies in cameras, and increasing demand from consumers for premium lenses and cameras.
Q4. What are the major segments for action camera market?
Answer: The future of the global action camera market looks promising with opportunities in the sport, recreational activities, and emergency services markets.
Q5. Who are the key action camera market companies?
Answer: Some of the key action camera companies are as follows:
- GoPro
- Sony
- Nikon
- Garmin
- SJCAM
- YI Technology
- Drift Innovation
Answer: The publisher forecasts that full HD is expected to witness the highest growth over the forecast period due to rise in the production of video content and significant increase in the quantity of influencers who began regularly sharing videos and vlogs.
Q7. In action camera market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to the region's high level of disposable income and growing interest in adventure sports like skydiving, paragliding, and bungee jumping in the region.
Q.8 Do we receive customization in this report?
Answer: Yes,the publisher provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the action camera market by resolution (ultra HD, full HD, HD, and standard resolution), distribution channel (online and retail), application (sports, recreational activities, emergency services, and others), end use (personal, professional, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
This product will be delivered within 1-3 business days.
Table of Contents
1. Executive Summary
2. Global Action Camera Market: Market Dynamics
3. Market Trends and Forecast Analysis from 2018 to 2030
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
Companies Mentioned
- GoPro
- Sony
- Nikon
- Garmin
- SJCAM
- YI Technology
- Drift Innovation
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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