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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