Action Camera Market by Technology, End-user, Distribution Channel, and Geography - Forecast and Analysis 2020-2024

 

The action camera market and it is poised to grow by $3.43 bn during 2020-2024. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.



Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report on COVID-19 Impact

The market is fragmented, and the degree of fragmentation will decelerate during the forecast period. Casio Computer Co. Ltd., Eastman Kodak Co., Garmin International Inc., GoPro Inc., JVCKENWOOD Corp., Panasonic Corp., PLR IP Holdings LLC, Sony Corp., TomTom NV, and Xiaomi Corp. are some of the major market participants. Although the growing popularity of social networking sites will offer immense growth opportunities, increasing penetration of smartphones will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The growing popularity of social networking sites has been instrumental in driving the growth of the market. However, increasing penetration of smartphones might hamper market growth.

Action Camera Market 2020-2024 : Segmentation

Action Camera Market is segmented as below:

  • Technology
    • Ultra HD
    • HD
  • End-user
    • Commercial
    • Residential
  • Distribution Channel
    • Online
    • Offline
  • Geographic Landscape
    • APAC
    • Europe
    • MEA
    • North America
    • South America

Action Camera Market 2020-2024 : Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our action camera market report covers the following areas:

  • Action Camera Market Size
  • Action Camera Market Trends
  • Action Camera Market Industry Analysis

This study identifies the increasing implementation of product bundling strategy as one of the prime reasons driving the action camera market growth during the next few years.

Action Camera Market 2020-2024 : Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the action camera market, including some of the vendors such as Casio Computer Co. Ltd., Eastman Kodak Co., Garmin International Inc., GoPro Inc., JVCKENWOOD Corp., Panasonic Corp., PLR IP Holdings LLC, Sony Corp., TomTom NV, and Xiaomi Corp. Backed with competitive intelligence and benchmarking, our research reports on the action camera market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

 

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