360-Degree Camera Market 2022
The global 360-Degree Camera Market is slated to grow on an astute note in the forecast period. The world is on the verge of adopting AR (Augmented Reality), VR (Virtual Reality), and ER (Extended Reality). Though these technologies were confined to gaming initially, the present-day uses comprise simulation software used for training Army, US Navy, and Coast Guard ship captains. The other verticals have also started adapting to these technological advances and would continue to do so further.
Since the inception of cameras, continuous implementation of technological advancements have been witnessed in products for enhancing the quality, resolution and the area of the coverage captured. The latest and the newest member added to the camera family is a 360-Degree Camera.
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Owing to the high demand for 360-Degree Cameras, even before their introduction, high demand for the same was witnessed. Further advancements in technology have resulted into the incorporation of advanced features, such as 4K, live streaming, waterproof, Wi-Fi and Bluetooth connectivity, GPS, mobile connectivity, and post-crop editing features, into 360-Degree Cameras.
360-Degree Cameras have witnessed considerable traction in the past four years and, are furthermore, expected to exhibit considerable growth rate during the forecast period.
Key Players:
The report has profiled some of the important players prevalent in the global like – Panasonic Corporation, GoPro, Inc., Ricoh Company, detu.com, SAMSUNG, YI Technology, Eastman Kodak Company, insta360.com, Garmin Ltd., LG Electronics, 360fly, Inc and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the 360-Degree Camera Market.
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360-Degree Camera Market: Market Dynamics
One of the primary factors impacting the growth of 360-Degree Cameras is increasing awareness and demand for enhanced security and safety amongst end-users as a result of increasing crimes globally. Besides this, increasing demand and adoption of smart devices globally is also impelling the growth of the 360-Degree Cameras market.
Besides this, the introduction of wireless 360-Degree Cameras has also boosted the growth of the market, in terms of revenue. Thus, a transition is being witnessed from wired 360-Degree Cameras to wireless 360-Degree Cameras, which is also one of the recent trends being witnessed in the global 360-Degree Camera market.
Given the various features of 360-Degree Cameras and increasing awareness about the same across various industry verticals, high growth opportunities for the global 30 degree camera manufacturers, in terms of value, will be presented by automotive, healthcare and industrial verticals.
However, the high cost associated with 360-Degree Cameras is considered to be a major factor challenging the adoption of the same across some countries. This, as a result, is expected to be the primary restraining factor for the global 360-Degree Camera market.
360-Degree Camera Market: Segmentation
By connectivity type –Wired 360-Degree Cameras, Wireless 360-Degree Cameras
By end use – Personal, Commercial
By industry vertical –Automotive, Healthcare, Media and Entertainment, Residential, Industrial, Hospitality, Military and Defense, Others
Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Araia, South Africa etc.)
Key Stakeholders
360-Degree Camera Market Manufacturers
360-Degree Camera Market Distributors/Traders/Wholesalers
360-Degree Camera Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
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Key Questions Answered in the 360-Degree Camera Market Report
How is the 360-Degree Camera Market expected to grow over the projected period?
What direction is the 360-Degree Camera Market expected to take in terms of volume and value during the forecast period?
What is the impact of macroeconomic factors on the 360-Degree Camera Market in future?
What are the key market drivers in the 360-Degree Camera Market?
What are significant opportunities and improvement areas for 360-Degree Camera Market manufacturers?
What are the key developments and trends taking over the 360-Degree Camera Market?
Which are the emerging countries that are expected to create significant growth opportunities in the 360-Degree Camera Market?
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