Action Camera Market Size, Share & Trends Analysis Report By Distribution Channel (Brand outlets, Supermarkets/Hypermarkets, E-commerce, Specialty stores), By Resolution Type (Full HD, HD, Ultra HD, Others), By Product Type (Box type, Cube type, Bullet type, Periscope and 360 degree), By End-User (Personal, Professional), By Application (Sports, Travel & Tourism, Recreational Activities, Entertainment & Media, Automotive, Emergency Services, Other Applications) Based on Region, And Segment Forecasts, 2021 - 2027

  • Report ID: BMRC 1741 | Number of pages: 190 | Published Date: Nov 2021

    Published | Category: Consumer Goods | Delivery Timeline: 48 hrs

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Market Size Forecast Scenarios (Optimistic, Baseline and Pessimistic) 2021-2027

Global Action Camera Market: Global Size, Trends, Competitive, Historical & Forecast Analysis to 2021-2027, Increasing tourism activities, rising trend of travel blogging among individuals worldwide, and rising demand for cameras in recreational activities are anticipated to drive the growth of Global Action camera Market.

Global Action Camera Market is valued at USD 2310.4 Million in 2020 and expected to reach USD 4116.2 Million by 2027 with a CAGR of 8.6% over the forecast period.

Scope of Global Action Camera Market Report:

An action camera encompasses a wide-angled lens to capture preferred inclusive and best possible view as clear as 4k resolution quality and hence offers high-quality videos. Action cameras are rugged, small, and waterproof digital cameras produced for capturing immersive action shots.

Action cameras are not only be used for shooting videos, but also for getting spectacular photos. The image sharpness is determined by the cameras and technologies used to capture the photographs. The kind and format of resolution for action cameras are also influenced by chip shrinking. Because action cameras employ CMOS (complementary metal-oxide-semiconductor) image sensors, so they can take photographs in both time lapse and burst mode.

Action cameras are usually worn or installed on the body so that they may take images and film movies from a first-person perspective. These cameras are extensively used for fishing, diving, swimming, surfing, and other water sports. Furthermore, the inclusion of multiple sensors in camera units upsurges the complete quality of the product. Athletes and daredevils have been trying to discover approaches to attach cameras to helmets to capture first-person footage of extreme sports and other events since the 1960s.

GoPro's creator sowed the seed for today's action cameras in 2002.

The COVID-19 pandemic has also impacted the growth of global action camera market owing to the several rules and regulations of the government, many industries were closed and manufacturers temporarily halted their production. As a result, consumers were unable to travel and participate in public sports such as racing, water sports, and other activities in 2020, resulting in fewer blogging and vlogging activities throughout the world. This has ultimately affected the demand for such cameras. Thus, the production of cameras and accessories was also halted during the pandemic due to stringent guidelines.

Global Action Camera Market Segmentation:

Global Action camera Market report is segmented on the basis of distribution channel, resolution type, product type, end user, application and region & country level. Based upon distribution channel, global action camera market is classified into brand outlets, supermarkets/hypermarkets, e-commerce and specialty stores. Based upon resolution type, the market is divided into full HD, HD and ultra HD. Based upon product type, global action camera market is divided into box type cube type, bullet type, periscope and 360 degree. Based upon end-user, global action camera market is classified into personal and professional. Based upon resolution type, the market is divided into sports, travel & tourism, recreational activities, entertainment & media, automotive and emergency services.

By Distribution Channel:

  • Brand outlets
  • Supermarkets/Hypermarkets
  • E-commerce
  • Specialty stores

 By Resolution Type:

  • Full HD
  • HD
  • Ultra HD
  • Others

By Product Type:

  • Box type
  • Cube type
  • Bullet type
  • Periscope and 360 degree

By End-User:

  • Personal
  • Professional

By Application:

  • Sports
  • Travel & Tourism
  • Recreational Activities
  • Entertainment & Media
  • Automotive
  • Emergency Services
  • Other Applications

Key Players of Global Action Camera Market Report

Some of the action camera manufacturers are Xiaomi Corporation, Garmin Ltd., GoPro, Inc., Nikon Metrology NV (Nikon Corporation), Olympus Corporation, Panasonic Corporation, Sony Corporation, TomTom N.V., Drift Innovation Ltd., SJCAM Limited and others.

Action Camera Market

Increasing Tourism Activities and Rising Demand for Cameras in Recreational Activities Worldwide are Some of the Major Factors Driving the Growth of Global Action Camera Market

Increasing tourism activities and rising trend of travel blogging among individuals are some of the major factors driving the growth of the global action camera market. Tourism is one of the wildest increasing industries in the world and increased tourism traffic help to increase demand for things that are necessary while traveling. For instance; according to the United Nations World Tourism Organization, in 2019, there were more than 1.45 billion international arrivals each year, with a growth of 3.7% as compared to 2018.

France ranks first in international tourism arrivals and the number is above 89.4 million in 2018. As action cameras play an essential role while traveling. These are used to capture stunning pictures and for shooting videos. The demand for action cameras is fueled by appealing qualities such as compact size, mobility, ease, and adaptability. This is likely to develop the production of such cameras.

Therefore, increasing tourism activities all over the world are supplementing the growth of the action camera industry.

In addition, rising demand for cameras in recreational activities is another leading factor enthusiastically propelling the action camera market growth. For example; as per the Diving Equipment and Marketing Association (DEMA) statistics, as of 2019, there were nearly 2.5 to 3.5 million active scuba divers in the U.S. and 6 million active scuba divers internationally. Many travelers are participating in snorkeling and scuba diving and it contributes almost USD 904 million to the economy per year. Due to the high-resolution DSLR, a full-frame mirrorless camera, and waterproof quality of action cameras, these are widely used in underwater activities to capture or shoot.

Consequently, this factor is likely to impel the action camera market growth over the forecast period.

However, the high cost of the latest and high-quality action cameras may hamper the market growth. In spite of this, new product releases with the introduction of the latest cutting-edge technologies such as Wi-Fi connection, water resistance, AR, VR, and IoT in action cameras may create several lucrative opportunities for the further growth of the global action camera market.

North America is Anticipated to Dominate the Global Action camera Market

On the basis of geography, North America is expected to dominate the global action camera market within the forecast period due to the rising technological progress in the consumer electronics domain in this region. Some major macroeconomic variables, such as the increase in social media usage and per-capita income are contributing to the overall demand for the action camera. Thus, many small and major players are showing concern about extraordinary action cameras.

For example; GoPro, Inc. (U.S.) announced the debut of its new Hero 9 Black action camera in September 2020 which includes 5K video recording, waterproof, shock-proof, and dual-screen capabilities. The gadget is aimed mostly at vloggers and adventure video clip photographers, and it has a waterproof rating of up to 33 feet, making it ideal for shooting aquatic sports.

The Asia-Pacific is expected to exhibit significant growth and also the second fastest-growing region in the global action camera market during the forecast period owing to the rise in social media use and the trend of sharing pictures in this region. Social media offers the chance to connect with a number of people across the whole world by sharing videos and HD photos. With increasing technological advancements, connectivity has climbed permitting even the most remote of places to have internet access. For instance; according to the Internet Word Stats 2021, Asia Pacific is having the highest number of internet users around 53.4%.

Also, the Asia-Pacific region claims roughly 2.14 billion active social media users. Increasing social media directly means soaring demand for HD pictures and videos.

North America

  • U.S.
  • Canada

Europe

  • Germany
  • France
  • U.K.
  • Italy
  • Spain
  • Sweden
  • Netherland
  • Turkey
  • Switzerland
  • Belgium
  • Rest of Europe

Asia-Pacific

  • South Korea
  • Japan
  • China
  • India
  • Australia
  • Philippines
  • Singapore
  • Malaysia
  • Thailand
  • Indonesia
  • Rest Of APAC

Latin America

  • Mexico
  • Colombia
  • Brazil
  • Argentina
  • Peru
  • Rest of South America

Middle East and Africa

  • Saudi Arabia
  • UAE
  • Egypt
  • South Africa
  • Rest Of MEA
Report Analysis Details
Historical data 2015 - 2020
Forecast Period 2021 - 2027
Market Size in 2020: USD 2310.4 Million
Base year considered 2020
Forecast Period CAGR %:

8.6%

Market Size Expected in 2027: USD 4116.2 Million
Tables, Charts & Figures: 175
Pages 190 
Key Players/Companies  Xiaomi Corporation, Garmin Ltd., GoPro, Inc., Nikon Metrology NV (Nikon Corporation), Olympus Corporation, Panasonic Corporation, Sony Corporation, TomTom N.V., Drift Innovation Ltd., SJCAM Limited and others
Segments Covered By Distribution Channel, By Resolution Type, By Product Type, By End-User, By Application
Regional Analysis North America, U.S., Canada, , Europe, Germany, France, U.K., Italy, Spain, Sweden, Netherland, Turkey, Switzerland, Belgium, Rest of Europe, Asia-Pacific, South Korea, Japan, China, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest Of APAC, Latin America, Mexico, Colombia, Brazil, Argentina, Peru, Rest of South America, Middle East and Africa, Saudi Arabia, UAE, Egypt, South Africa, Rest Of MEA

Key Benefits of Global Action Camera Market Report:

  • Global Action Camera Market report covers in-depth historical and forecast analysis.
  • Global Action camera Market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market Opportunities, Competitive Analysis, Regional and Country Level.
  • Global Action camera Market report helps to identify opportunities in marketplace.
  • Global Action camera Market report covers extensive analysis of emerging trends and competitive landscape.

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Frequently Asked Questions (FAQ) :
An action camera encompasses a wide-angled lens to capture preferred inclusive and best possible view as clear as 4k resolution quality and hence offers high-quality videos. Action cameras are rugged, small, and waterproof digital cameras produced for capturing immersive action shots.
Global Action Camera Market is valued at USD 2310.4 Million in 2020 and expected to reach USD 4116.2 Million by 2027 with a CAGR of 8.6% over the forecast period.
Xiaomi Corporation, Garmin Ltd., GoPro, Inc., Nikon Metrology NV (Nikon Corporation), Olympus Corporation, Panasonic Corporation, Sony Corporation, TomTom N.V., Drift Innovation Ltd., SJCAM Limited and others.
Global Action Camera Market is valued at USD 2310.4 Million in 2020 and expected to reach USD 4116.2 Million by 2027 with a CAGR of 8.6% over the forecast period.
North America is expected to dominate the global action camera market within the forecast period due to the rising technological progress in the consumer electronics domain in this region.



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Action Camera Market Industry Projected to Reach USD 4116.2 Million by 2027 and Analysis 2019-2025

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Action Camera Market Size, Share & Trends Analysis Report By Distribution Channel (Brand outlets, Supermarkets/Hypermarkets, E-commerce, Specialty stores), By Resolution Type (Full HD, HD, Ultra HD, Others), By Product Type (Box type, Cube type, Bullet type, Periscope and 360 degree), By End-User (Personal, Professional), By Application (Sports, Travel & Tourism, Recreational Activities, Entertainment & Media, Automotive, Emergency Services, Other Applications) Based on Region, And Segment Forecasts, 2021 - 2027

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