Action Camera Market - Forecasts from 2019 to 2024
The action camera market was evaluated at US$3,021.939 million in the year 2018. 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 of these cameras to withstand extreme rugged conditions is further expected to drive the demand of these cameras. Moreover, the small size of these cameras coupled with an 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 there moments and adventures in order to share the mon social media platform 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 the smartphones 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
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 stream 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
DRIVERS
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 stream 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
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
1.6. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
3. KEY FINDINGS
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. ACTION CAMERA MARKET BY TECHNOLOGY
5.1. UHD
5.2. HD
5.3. SD
5.4. Full HD
6. ACTION CAMERA MARKET BY COMPONENT
6.1. Hardware
6.2. Software
7. ACTION CAMERA MARKET BY END-USER
7.1. Professional
7.2. Individual
8. ACTION CAMERA MARKET BY GEOGRAPHY
8.1. North America
8.1.1. USA
8.1.2. Canada
8.1.3. Mexico
8.2. South America
8.2.1. Brazil
8.2.2. Argentina
8.2.3. Others
8.3. Europe
8.3.1. United Kingdom
8.3.2. Germany
8.3.3. France
8.3.4. Others
8.4. Middle East and Africa
8.4.1. Saudi Arabia
8.4.2. UAE
8.4.3. Israel
8.4.4. Others
8.5. Asia Pacific
8.5.1. China
8.5.2. India
8.5.3. Australia
8.5.4. South Korea
8.5.5. Others
9. COMPETITIVE INTELLIGENCE
9.1. Competitive Benchmarking and Analysis
9.2. Recent Investments and Deals
9.3. Strategies of Key Players
10. COMPANY PROFILES
10.1. GoPro
10.2. Garmin
10.3. Sony Corporation
10.4. Panasonic Corporation
10.5. Nikon Corporation
10.6. SJCAM
10.7. YI Technology
10.8. Olympus Corporation
10.9. DJI
10.10. Xiaomi
LIST OF FIGURES
LIST OF TABLES
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
1.6. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
3. KEY FINDINGS
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. ACTION CAMERA MARKET BY TECHNOLOGY
5.1. UHD
5.2. HD
5.3. SD
5.4. Full HD
6. ACTION CAMERA MARKET BY COMPONENT
6.1. Hardware
6.2. Software
7. ACTION CAMERA MARKET BY END-USER
7.1. Professional
7.2. Individual
8. ACTION CAMERA MARKET BY GEOGRAPHY
8.1. North America
8.1.1. USA
8.1.2. Canada
8.1.3. Mexico
8.2. South America
8.2.1. Brazil
8.2.2. Argentina
8.2.3. Others
8.3. Europe
8.3.1. United Kingdom
8.3.2. Germany
8.3.3. France
8.3.4. Others
8.4. Middle East and Africa
8.4.1. Saudi Arabia
8.4.2. UAE
8.4.3. Israel
8.4.4. Others
8.5. Asia Pacific
8.5.1. China
8.5.2. India
8.5.3. Australia
8.5.4. South Korea
8.5.5. Others
9. COMPETITIVE INTELLIGENCE
9.1. Competitive Benchmarking and Analysis
9.2. Recent Investments and Deals
9.3. Strategies of Key Players
10. COMPANY PROFILES
10.1. GoPro
10.2. Garmin
10.3. Sony Corporation
10.4. Panasonic Corporation
10.5. Nikon Corporation
10.6. SJCAM
10.7. YI Technology
10.8. Olympus Corporation
10.9. DJI
10.10. Xiaomi
LIST OF FIGURES
LIST OF TABLES
