Product ID: SQMIG25E2082
Global Action Camera Market Size, Share, Growth Analysis, By Type(Box Style, Cube Style), By Resolution(Ultra HD, Full HD), By Technology(Ultra HD, Full HD), By Distribution Channel(Online, Offline), By Application(Sports, Recreational Activities), By End-User(Personal, Professional) - Industry Forecast 2024-2031
Report ID:
SQMIG25E2082 |
Region:
Global |
Published Date: February, 2024
Pages:
165
|
Tables:
173 |
Figures:
79
Global Action Camera Market Insights
Action Camera Market size was valued at USD 2951 million in 2019 and is poised to grow from USD 3284.46 million in 2023 to USD 8608.37 million by 2031, growing at a CAGR of 11.3% in the forecast period (2024-2031).
Action cameras are small and light, comfortable to wear, portable, and mountable for recording action videos. To photograph and record high-definition videos, the action cameras can be mounted to almost anything, including surfboards, bicycles, body parts, and skateboards. Adventure has become an important part of modern travel and expedition. Consumer lifestyles have shifted to be more active and healthier, as evidenced by the rapid growth of adventure tourism. The majority of action videos and photos are captured with an action camera and shared on social media platforms, blogs, and other travel websites. The market for action cameras is expected to grow significantly due to the numerous advantages over conventional point-and-shoot or DSLR cameras. The various advantages include the ability to record 4k videos in high quality without any hassle, the compact size, the capability to capture multiple angles in sports activities such as surfers and skiing, as well as the ability to use it as a car dashboard camera.
The videos shot on cameras and lenses are designed to provide viewers with a first-person perspective. This is piquing viewers' interest because they can form their views about activities like surfing, rock climbing, and skiing. Because of the small size and excellent 'point of view' feature of action cameras, people have been able to capture and share their adventures on social media platforms. Because of their waterproof nature and specialized design, action cameras are useful for working in extreme weather and underwater excursions, in addition to being simple and small. This demand is propelling the sale of action cameras.
The action camera has several features, including wide angle capture, amazing image quality, 4k+ resolution, waterproof specifications, and stable footage. The novel action camera innovation products are affordable and packed with a slew of exciting features, and are expected to fuel the global action camera market growth.
US Action Camera Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Action Camera Market Report Snapshots
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