The Action Camera market was valued at 2.1 billion US dollars in 2021, which is expected to cross 3.2 billion US dollars by the end of 2027 with a compound annual growth rate of 8.6% during the forecast period 2021 to 2027.
One of the major driving factors of the Action Camera market is the rising number of product launches.
Recent research and new product developments in the consumer electronics industry, such as the adoption of sensors in products and smart gadgets, are another major driving factor of the Action Camera market.
Another major driving factor of the market is the action camera's attractive features such as compact size, portability, convenience, and versatility.
The rise in disposable income and rapid growth in popularity of adventurous activities such as sky diving, surfing, caving, and snorkeling are some of the driving factors that propel the Action Camera market's growth.
One of the major restraints affecting the Action Camera market's growth is the lack of skilled professionals available in the market.
The high cost involved in the equipment is one of the major restraints affecting the growth of Action Camera's market.
Strict regulatory certifications and frameworks are another major restraint affecting the growth of the market of High-Performance Inertial Measurement.
Stringent regulations from the government authorities is another restraint affecting the growth of the High-Performance Inertial Measurement.
Market Size Available
2021 – 2026
2021 - 2026
On the basis of end-user, On the basis of end-user, On the basis of technology, On the basis of distribution channels
Various Analyses Covered
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities
North America, Europe, APAC, Latin America, Middle East & Africa
Market Leaders Profiled
Sony Corporation, Shenzhen Arashi Vision Co., Ltd, Drift Innovation Ltd, GoPro, Inc., Eastman Kodak Company, Samsung Electronics Co., The Ricoh Company, World Wide Licenses Ltd.–iON, Toshiba Corporation, and Xiaomi Corporation.
On the basis of end-user, the Action Camera market is segmented into two types, namely professional and personal. Among these segments, the professional segment holds the major share of the market and is expected to hold dominance during the forecast period as it is majorly used for most movie shooting as well as action advertisements by various production departments all around the world.
On the basis of technology, the market of Action Camera is bifurcated into the standard definition, high definition, and ultra-high definition. Among these segments, the high-definition segment holds the market's major share and is expected to hold dominance during the forecast period. On the other hand, the ultra-high-definition segment is expected to increase the market value during the forecast period.
On the basis of distribution channels, Action Camera's market is bifurcated into brand outlets, supermarkets, hypermarkets, e-commerce, and specialty stores. Among these segments, the supermarket's segment holds the major share of the market.
The Action Camera market is elaborated in various regions all around the world such as
North America region is expected to hold the dominance of the market during the forecast period. Increased demand from consumers, rise in social media usage and rise in per capita income, especially in some of the emerging economies such as the United States and Canada.
Asia Pacific region is expected to increase the Action Camera market owing to the rising demand for different types of innovative and compact action cameras for outdoor activities purposes. Also, the factors such as the increase of investments by the companies for the new technological advancements in the emerging countries like China and India help the growth of the market in the Asia Pacific region.
The Europe region is expected to increase the market revenue of Action Camera owing to the rise in disposable income and rapid growth in the popularity of adventurous activities such as sky diving, surfing, caving, and snorkeling.
Key market players:
Some of the key market players of the Action Camera market are Sony Corporation, Shenzhen Arashi Vision Co., Ltd, Drift Innovation Ltd, GoPro, Inc., Eastman Kodak Company, Samsung Electronics Co., The Ricoh Company, World Wide Licenses Ltd.–iON, Toshiba Corporation, and Xiaomi Corporation.
Coronavirus is a deadly disease caused by SARS-CoV-2, which was first registered in China. The action camera market has seen a drastic downfall during the time of lockdown, especially in the first half of 2020. The market had faced huge losses in terms of revenue as several manufacturing facilities are closed. The manufacturers in the action camera have faced challenges regarding the raw materials and laborers' presence due to quarantine restrictions. These factors declined the growth rate of the action camera market in 2020. But with some relaxations released by the government in the last months of 2020, the market shares started to rise tremendously.
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
4.2 Regulatory Environment
4.3 Technology Timeline & Recent Trends
5. Competitor Benchmarking Analysis
5.1 Key Player Benchmarking
5.1.1 Market share analysis
5.1.3 Regional Presence
5.2 Mergers & Acquistion Landscape
5.3 Joint Ventures & Collaborations
6. Market Segmentation
6.1 Action Camera Market, By End-User
6.1.3 Market Size Estimations & Forecasts (2021-2026)
6.1.4 Y-o-Y Growth Rate Analysis
6.1.5 Market Attractiveness Index
6.2 Action Camera Market, By Technology
6.2.1 Standard definition
6.2.2 High definition
6.2.3 Ultra high definition
6.2.4 Market Size Estimations & Forecasts (2021-2026)
6.2.5 Y-o-Y Growth Rate Analysis
6.2.6 Market Attractiveness Index
6.3 Action Camera Market, By Distribution Channel
6.3.1 Brand outlets
6.3.5 Specialty stores
6.3.6 Market Size Estimations & Forecasts (2021-2026)
6.3.7 Y-o-Y Growth Rate Analysis
6.3.8 Market Attractiveness Index
7. Geographical Landscape
7.1 Global Identity Governance and Administration Market, by Region
7.2 North America - Market Analysis (2021- 2026)
7.2.1 By Country
7.2.2 By End-User
7.2.3 By Technology
7.2.4 By Distribution Channel
7.3.1 By Country
184.108.40.206 Rest of Europe
7.3.2 By End-User
7.3.3 By Technology
7.3.4 By Distribution Channel
7.4 Asia Pacific
7.4.1 By Country
220.127.116.11 South Korea
18.104.22.168 South East Asia
22.214.171.124 Australia & NZ
126.96.36.199 Rest of Asia-Pacific
7.4.2 By End-User
7.4.3 By Technology
7.4.4 By Distribution Channel
7.5 Latin America
7.5.1 By Country
188.8.131.52 Rest of Latin America
7.5.2 By End-User
7.5.3 By Technology
7.5.4 By Distribution Channel
7.6 Middle East and Africa
7.6.1 By Country
184.108.40.206 Middle East
7.6.2 By End-User
7.6.3 By Technology
7.6.4 By Distribution Channel
8. Key Player Analysis
8.1 Sony Corporation
8.1.1 Business Description
8.1.4 SWOT Analysis
8.1.5 Recent Developments
8.1.6 Analyst Overview
8.2 Shenzhen Arashi Vision Co., Ltd
8.3 Drift Innovation Ltd
8.4 GoPro, Inc.
8.5 Eastman Kodak Company
8.6 Samsung Electronics Co.
8.7 The Ricoh Company
8.8 World Wide Licenses Ltd.–iON
8.9 Toshiba Corporation
8.10 Xiaomi Corporation
9. Market Outlook & Investment Opportunities
List of Tables
List of Figures