Action Camera Market Size, Share, Opportunities, And Trends By Technology (UHD, HD, SD, Full HD), By Component (Hardware, Software), By End-User (Professionals, Individuals), And By Geography - Forecasts From 2025 To 2030
- Published : Dec 2024
- Report Code : KSI061612647
- Pages : 145
The action camera market is projected to grow at a CAGR of 10.26% between 2025 to 2030.
The action camera market is expected to grow at a modest rate due to the rising application of these cameras for capturing action sports and activities. Furthermore, the ability of these cameras to capture high-speed action scenes and the capability these cameras to withstand extreme rugged conditions is further expected to drive the demand for these cameras. Moreover, the small size of these cameras coupled with the excellent point of view features of these cameras is making these cameras immensely popular among casual users and sports enthusiasts who are willing to capture their moments and adventures in order to share them on social media platforms such as YouTube, Facebook, and Instagram among others. In addition, the growing adoption of social media platforms has led to significant growth in the uploading and sharing of videos which is further expected to augment the market demand for action cameras during the forecast period. However, development in smartphone technology coupled with high-end cameras is expected a restraining factor for the action camera market which may hinder the demand for action cameras during the next five years.
DRIVERS
The advanced ability of action cameras over normal cameras.
Adoption of action cameras in adventure sports.
RESTRAINTS
Improvement in smartphone technology coupled with high-end cameras.
INDUSTRY UPDATE
In January 2019, SJCAM announced the launch of new action cameras named as the Ion Series which will be consisting of new additional features which were not there in the earlier product line of the company.
In February 2019, GoPro launched the limited edition GoPro Hero 7 in Dusk White across the globe with the capability of live streaming to YouTube and Facebook.
The major players profiled in the action camera market include GoPro, Garmin, Sony Corporation, Panasonic Corporation, Nikon Corporation, SJCAM, YI Technology, Olympus Corporation, DJI, and Xiaomi.
Segmentation
The action camera market has been analyzed through the following segments:
By Technology
UHD
HD
SD
Full HD
By Component
Hardware
Software
By End-user
Professionals
Individuals
By Geography
North America
USA
Canada
Mexico
South America
Brazil
Argentina
Others
Europe
United Kingdom
Germany
France
Others
Middle East and Africa
Saudi Arabia
UAE
Israel
Others
Asia Pacific
China
India
Australia
South Korea
Others
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