What is the global market size of Action Camera Market?

Global Action Camera Market size was valued at USD 2951 million in 2021 and is poised to grow from USD 3284.46 million in 2022 to USD 8608.37 million by 2030, growing at a CAGR of 11.3% in the forecast period (2023-2030).

What is the key driver of Global Action Camera Market?

The growing use of social media platforms is propelling the action camera market

Top Action Camera Companies

Skyquest Technology's expert advisors have carried out comprehensive research and identified these companies as industry leaders in the Action Camera Market. This Analysis is based on comprehensive primary and secondary research on the corporate strategies, financial and operational performance, product portfolio, market share and brand analysis of all the leading Action Camera industry players.

Action Camera Market Competitive Landscape

Action Camera Market Top Player's Company Profiles

Go Pro
Sony Corporation
Garmin Ltd.
Xiaomi Corporation
Canon Inc.
Panasonic Corporation
Nikon Corporation
TomTom International B.V.
SJCAM Limited
Drift Innovation Ltd.
Contour, LLC
iON Worldwide LLC
Olympus Corporation
Polaroid Corporation
Ricoh Company, Ltd.
Sioeye, Inc.
360fly, Inc.
YI Technology, Inc.
Kaiser Baas Pty Ltd.
Veho Muvi

Action Camera Market Recent Development

In May 2022, The Hero Group's technology company, Hero Electronix, released the Qubo Smart Dash Cam with artificial intelligence. It has a built-in 6-axis G-sensor that can detect a sudden shake or collision and record it in the event file, which is accessible via a mobile app for both Android and iOS. It is simple to install on the dashboard and can record photos and videos while driving.
In March 2022, Insta360 introduced the ONE RS, a three-lens action camera with a starting price of US$299.99. The ONE RS is a new action camera that comes in a variety of editions. It is positioned as a competitor to the DJI Action 2 and GoPro Hero 10 Black.
In October 2021, The Brave 8 is the latest addition to AKASO Tech LLC's Brave line of action cameras. The AKASO Brave 8 series action camera is the first to use innovative technology and high performance to directly impact the high-end action camera market, which includes offerings from market players such as GoPro and DJI. The Brave 8 series will provide consumers worldwide with an innovative and tough brand image.

REPORT OVERVIEW BUY NOW

REQUEST FOR SAMPLE

Want to customize this report?

REQUEST FREE CUSTOMIZATION

FAQs

Action Camera Market size was valued at USD 3.92 Billion in 2024 and is poised to grow from USD 4.39 Billion in 2025 to USD 10.96 Billion by 2033, growing at a CAGR of 12.1% during the forecast period (2026–2033).

The global market is differentiated by the presence of a significant number of market participants. The key strategy adopted in recent years by the market's prominent players has been the launch of new products. However, in order to capitalize on the strategic initiatives, several players have begun providing cloud storage services for action cameras. For instance, FeiyuTech introduced the FeiyuPocket 2S and FeiyuPocket 2, two new portable gimbal cameras with eye-catching features for videographers. The FeiyuPocket2S is the flashier of the two, with a magnetically detachable head and handles that allow users to experiment with a variety of shooting angles. Its magnetic features also allow it to be worn and mounted, expanding the possibilities for action camera-style POV shooting and making it a useful helmet camera option. 'GoPro (US)', 'Insta360 (China) ', 'DJI (China) ', 'Sony (Japan) ', 'Olympus (Japan) ', 'Ricoh (Japan) ', 'Garmin (Switzerland) ', 'Polaroid (US) ', 'Yi Technology (China) ', 'SJCAM (China) ', 'Akaso (China) ', 'Campark (China) ', 'Apeman (China) ', 'Crosstour (China) ', 'Veho (UK) ', 'Rollei (Germany) ', 'Kodak (US) ', 'Drift Innovation (UK) ', 'TomTom (Netherlands)'

Social media is increasingly being used as a platform for numerous marketing and promotional activities, such as sharing photos and streaming videos. Social media is widely acknowledged as a rich source of data that brands can study and use to determine customer needs and trends. The trend of sharing videos and photos with friends and followers is growing with the rapid expansion of social networking sites such as Facebook, Instagram, Twitter, and others. This is the primary reason for the expansion of the action camera market size over the upcoming year.

The rise in extreme sports events, vacations, and music festivals is propelling the action camera market forward. Action cameras are commonly used to record sporting events, vacation musical events, and a variety of other activities such as surfers, roller skating, snowboarding, lifting, bungee jumping, bicycle racing, biking, and other sports. Because of its fixed point-and-shoot model, an action camera is more convenient than a DSLR (digital single-lens reflex camera). They can be placed anywhere to capture high-quality videos and photos, from a dashboard to underwater. Because of the increase in extreme sports events, vacations, and music festivals, there will be a significant demand for action cameras. According to the 2021 Holiday Travel Survey conducted by a US-based travel planner, The Vacationer, to find the number of Americans who will make the journey this starting come holiday period (Thanksgiving and late December holidays), nearer to 63% of all Americans aged 18 or older (161 million adults) are expected to travel for at least one holiday in 2021, representing a 37% increase over last year's survey. It demonstrates that the number of holidays is increasing. As a result, the rise in extreme sports events, vacations, and music festivals is expected to fuel the growth of the action camera market.

During the forecast period, North America is expected to have the largest market share. The United States is a significant contributor to the region's action camera market growth, the region's high disposable income, and the growing popularity of adventurous activities such as sky diving, bungee jumping, and boating. The media coverage of adventure sports is a thriving industry in the United States, as the regional market sees a rise in demand for a camera systems with large storage capacities. Furthermore, significant investments in R&D activities aimed at the creation of advanced versions are supporting regional growth. Furthermore, the major trend observed in the United States that affects the market in the region is a shift in consumer behavior from digital to action cameras.

Top Action Camera Companies

Action Camera Market Competitive Landscape

FAQs

What is the global market size of Action Camera Market?

Who are the key vendors in the Action Camera Market?

What is the key driver of Action Camera Market?

What is the key market trend for Action Camera Market?

Which region accounted for the largest share in Action Camera Market?

Request Free Customization