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Pulished Date April, 2021
ID: 9525
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360 Degree Camera Market Segmentation By Connectivity Type (Wired and Wireless), By Resolution (HD and UHD), By Camera Type (Single and Professional), and By Vertical (Media & Entertainment, Consumer, Military & Defense, Travel & Tourism, Automotive, Commercial, Healthcare, Industrial, And Transportation) Forecast to 2021-2027

Pulished: April, 2021
ID: 9525
Pages: 175

Market Overview

The Global 360 Degree Camera Market is envisioned to develop in a prominent way over the prediction period. It is estimated that the target market is growing to get valued around USD 3817.52 Million by 2027 from USD 662.45 Million in 2021, registering a CAGR of 26.41% from 2021 to 2027.

A 360-degree camera, also known as an omnidirectional camera, is a device that has a field of view that covers the entire sphere, approximately, or a full circle in the horizontal area, at least. These 360-degree cameras or omnidirectional cameras play a key role in the areas where there is a need for large visual field coverage, like in panoramic photography and robotics.

The major factors that are driving the growth of the global 3D Degree Camera Market include growing popularity and the adoption of augmented reality, extended reality, mixed reality, and virtual reality among individuals. Moreover, the availability of numerous cameras are necessary for the surveillance by using 360-degree cameras in airport security, retail, and public spaces, such as train stations, parking lots, parking garages, malls, and others at a budget price. But the requirements of high bandwidth by these 360-degree cameras for streaming high-quality videos is a key factor that was expected to limit the growth of the 360-degree camera market in the coming years. Also, the complexity and parallax effect that is involved while capturing a minor object by these cameras is a technical challenge that was hindering the adoption of these cameras.

Recent Developments

  • Samsung has launched its new 360-degree handheld camera, which goes on sale online and in stores by 16 April 2020, and also will get sold through a wide range of wireless carriers along with the usual suspects.
  • Insta360 has introduced its latest 8K Live software to broadcast in the quality of 8K and 360 degrees, which can be used to telecast the NFL Pro Bowl, which is the world's first according to Insta360.

Drivers and Restraints of 360 Degree Camera Market

The rapid inaugurations of Virtual Reality (VR) devices that are technically advanced, increasing the number of VR gamers and rising requirements for 360 videos in the media & entertainment sector are the major drivers for the growth of global 360-degree camera market. And, other factors that are fuelling the growth of the target market is the growing awareness regarding the need for safety & security at public places and the inexpensive costs of these 360-degree cameras.

However, the limitations of the software & hardware that are used in these 360-degree cameras and the lack of certain compatibility for the integration with other devices are the challenges that are hampering the Global 360 Degree Camera Market.

Furthermore, the rising surge in the adoption of 360-degree cameras for various applications, growing immersive media industry, increasing R&D activities, and the continuous launches of advanced 360-degree cameras are the trends that are creating the opportunities for the expansion of the 360 Degree Camera Market, globally.

Market Segmentation of 360 Degree Camera Market

Based on the type of connectivity, the global 360 Degree Camera market is segmented into Wired and Wireless.

And based on the resolution, the global 360 Degree Camera market is segmented into HD and UHD.

On the type outlook, the global 360 Degree Camera market is segmented into Single and Professional.

In the vertical outlook, the global 360 Degree Camera market is segmented as Media & Entertainment, Consumer, Military & Defense, Travel & Tourism, Automotive, Commercial, Healthcare, industrial, and transportation.

Market Regional Analysis

  • North America
  • Europe
  • Asia-Pacific
  • South America
  • Middle East & Africa

In the regional analysis of the Global 360 Degree Camera Market, North America held for the major share in the overall revenue. The growth of the target market in this area is attributed to the growing popularity of virtual reality (VR) and augmented reality (AR) games in Asia-Pacific. Another factor that is pushing the expansion of the market is the presence of various AR and VR gaming companies in this Asia-Pacific.  Furthermore, Asia-Pacific's regional market is also estimated to grow at the highest CAGR for a 360-degree camera market over the forecast period because of the rapid adoption of virtual reality technologies in countries like Japan and China.

And it is followed by Europe's regional market in terms of the growth rate. The increase in the adoption of 360-degree cameras in the automotive sector for safety & luxury purposes is the factor that was driving this market in Europe.

Key Players of Sensors Market

The key players of the Global 360 Degree Camera Market include Samsung Electronics (South Korea), Ricoh (Japan), GoPro (US), Insta360 (China), 360fly (US), LG Electronics (South Korea), Nikon (Japan), Kodak (US), Rylo (US), Bubl (Canada), and Xiaomi (China) are the major players in the market. The report also profiles companies such as Immervision (Canada), Digital Domain Productions (US), YI Technology (US), PANONO (Professional 360GmbH) (Germany), AITBOT (Shenzhen Hatoa Technology Co., Ltd.) (China), Freedom360 (US), Jaunt (US), Facebook (US), Humaneyes (Israel), Sony (Japan), and Panasonic (Japan).

1. Introduction                  

          1.1 Market Definition

          1.2 Scope of the report

          1.3 Study Assumptions

          1.4 Base Currency, Base Year and Forecast Periods

2. Research Methodology  

          2.1 Analysis Design

          2.2 Research Phases         

                    2.2.1 Secondary Research

                    2.2.2 Primary Research

                    2.2.3 Data Modelling

                    2.2.4 Expert Validation

          2.3 Study Timeline  

3. Report Overview           

          3.1 Executive Summary

          3.2 Key Inferencees

4. Market Dynamics          

          4.1 Impact Analysis 

                    4.1.1 Drivers

                    4.1.2 Restaints

                    4.1.3 Opportunities

          4.2 Regulatory Environment

          4.3 Technology Timeline & Recent Trends

5. Competitor Benchmarking Analysis

          5.1 Key Player Benchmarking

                    5.1.1 Market share analysis

                    5.1.2 Products/Service

                    5.1.3 Regional Presence

          5.2 Mergers & Acquistion Landscape

          5.3 Joint Ventures & Collaborations

6. Market Segmentation    

          6.1 360 Degree Camera Market, By Connectivity Type

                    6.1.1 Wired

                    6.1.2 Wireless

                    6.1.3 Market Size Estimations & Forecasts (2019-2024)

                    6.1.4 Y-o-Y Growth Rate Analysis

                    6.1.5 Market Attractiveness Index

          6.2 360 Degree Camera Market, By Resolution

                    6.2.1 HD      

                    6.2.2 UHD

                    6.2.3 Market Size Estimations & Forecasts (2019-2024)

                    6.2.4 Y-o-Y Growth Rate Analysis

                    6.2.5 Market Attractiveness Index

          6.3 360 Degree Camera Market, By Camera Type

                    6.3.1 Single

                    6.3.2 Professional

                    6.3.3 Market Size Estimations & Forecasts (2019-2024)

                    6.3.4 Y-o-Y Growth Rate Analysis

                    6.3.5 Market Attractiveness Index

          6.4 360 Degree Camera Market, By Vertical

                    6.4.1 Media & Entertainment

                    6.4.2 Consumer

                    6.4.3 Military & Defense

                    6.4.4 Travel & Tourism

                    6.4.5 Automotive

                    6.4.6 Commercial

                    6.4.7 Healthcare

                    6.4.8 Industrial

                    6.4.9 Transportation

                    6.4.10 Market Size Estimations & Forecasts (2019-2024)

                    6.4.11 Y-o-Y Growth Rate Analysis

                    6.4.12 Market Attractiveness Index

7. Geographical Landscape

          7.1 Global Identity Governance and Administration Market, by Region

          7.2 North America - Market Analysis (2018 - 2024)

                    7.2.1 By Country

                              7.2.1.1 USA

                              7.2.1.2 Canada

                    7.2.2 By Connectivity Type

                    7.2.3 By Resolution

                    7.2.4 By Camera Type

                    7.2.5 By Vertical

          7.3 Europe   

                    7.3.1 By Country

                              7.3.1.1 UK

                              7.3.1.2 France

                              7.3.1.3 Germany

                              7.3.1.4 Spain

                              7.3.1.5 Italy

                              7.3.1.6 Rest of Europe

                    7.3.2 By Connectivity Type

                    7.3.3 By Resolution

                    7.3.4 By Camera Type

                    7.3.5 By Vertical

          7.4 Asia Pacific       

                    7.4.1 By Country

                              7.4.1.1 China

                              7.4.1.2 India

                              7.4.1.3 Japan

                              7.4.1.4 South Korea

                              7.4.1.5 South East Asia

                              7.4.1.6 Australia & NZ

                              7.4.1.7 Rest of Asia-Pacific

                    7.4.2 By Connectivity Type

                    7.4.3 By Resolution

                    7.4.4 By Camera Type

                    7.4.5 By Vertical

          7.5 Latin America   

                    7.5.1 By Country

                              7.5.1.1 Brazil

                              7.5.1.2 Argentina

                              7.5.1.3 Mexico

                              7.5.1.4 Rest of Latin America

                    7.5.2 By Connectivity Type

                    7.5.3 By Resolution

                    7.5.4 By Camera Type

                    7.5.5 By Vertical

          7.6 Middle East and Africa

                    7.6.1 By Country

                              7.6.1.1 Middle East

                              7.6.1.2 Africa

                    7.6.2 By Connectivity Type

                    7.6.3 By Resolution

                    7.6.4 By Camera Type

                    7.6.5 By Vertical

8. Key Player Analysis       

          8.1 Samsung Electronics

                    8.1.1 Business Description

                    8.1.2 Products/Service

                    8.1.3 Financials

                    8.1.4 SWOT Analysis

                    8.1.5 Recent Developments

                    8.1.6 Analyst Overview

          8.2 Ricoh               

          8.3 GoPro               

          8.4 Insta360 

          8.5 360fly              

          8.6 LG Electronics   

          8.7 Nikon               

          8.8 Kodak              

          8.9 Rylo                 

          8.10 Bubl               

9. Market Outlook & Investment Opportunities

Appendix                         

          List of Tables

          List of Figures        

  • Global, Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • The segment-level analysis in terms of by type, by application, by end-user, along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographics, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the microenvironment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development
  • A comprehensive list of key market players along with with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis, and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Global 360 Degree Camera Market By Region, From 2021-2026 ( USD Billion )
  2. Global 360 Degree Camera Market By Connectivity Type, From 2021-2026 ( USD Billion )
  3. Global Wired Market By Region, From 2021-2026 ( USD Billion )
  4. Global Wireless Market By Region, From 2021-2026 ( USD Billion )
  5. Global 360 Degree Camera Market By Resolution, From 2021-2026 ( USD Billion )
  6. Global HD Market By Region, From 2021-2026 ( USD Billion )
  7. Global UHD Market By Region, From 2021-2026 ( USD Billion )
  8. Global 360 Degree Camera Market By Camera Type, From 2021-2026 ( USD Billion )
  9. Global Single Market By Region, From 2021-2026 ( USD Billion )
  10. Global Professional Market By Region, From 2021-2026 ( USD Billion )
  11. Global 360 Degree Camera Market By Vertical, From 2021-2026 ( USD Billion )
  12. Global Media & Entertainment Market By Region, From 2021-2026 ( USD Billion )
  13. Global Consumer Market By Region, From 2021-2026 ( USD Billion )
  14. Global Military & Defense Market By Region, From 2021-2026 ( USD Billion )
  15. Global Travel & Tourism Market By Region, From 2021-2026 ( USD Billion )
  16. Global Automotive Market By Region, From 2021-2026 ( USD Billion )
  17. Global Commercial Market By Region, From 2021-2026 ( USD Billion )
  18. Global Healthcare Market By Region, From 2021-2026 ( USD Billion )
  19. Global Industrial Market By Region, From 2021-2026 ( USD Billion )
  20. Global Transportation Market By Region, From 2021-2026 ( USD Billion )

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