According to the latest report from the IMARC group, “360 Degree Camera Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a complete analysis of the industry, which includes information on the global 360 degree camera market to share. The report also includes competitor and regional analysis, as well as contemporary advancements in the global market.
The global 360 degree camera market size has reached US$812.5 million in 2021. Looking ahead, IMARC Group expects the market to reach US$3,446.7 million by 2027, presenting a growth rate (CAGR) of 26.3% during the period 2022-2027. A 360 degree camera is a name given to omnidirectional cameras which are small and portable and allow users to capture a 360 degree field view in the horizontal plane. They are available in wired, wireless, high definition and ultra high definition variants. 360 degree camera models are equipped with two fisheye lenses and have a field of view of at least 180 degrees placed on each side of their body. They can create panoramic images or videos in real time and are increasingly used to perform indoor and outdoor surveillance, monitor suspicious activities in a wide area, track the movement of people, improve area management, etc. . Therefore, 360 degree camera models find widespread applications in several industries including media and entertainment, defense, tourism, automotive, healthcare, etc.
We regularly monitor the direct effect of COVID-19 on the market, as well as the indirect influence of associated industries. These observations will be incorporated into the report.
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Market Trends and Drivers:
Growing preferences for virtual and augmented reality (AR and VR) in video games and similar forms of interactive entertainment solutions are primarily driving the 360 degree camera market. Additionally, the growing use of immersive ads by organizations to showcase a product, store, or property and create a unique brand image, especially on social media platforms, acts as another significant growth driver. Moreover, the growing demand for the products among extreme sports enthusiasts and vloggers owing to their durability and ability to capture a wider frame is also driving the global market. Additionally, the increasing use of camera technology in robotics to solve simultaneous localization and mapping and for visual odometry to ensure improved optical flow, feature matching and selection is expected to propel the market for 360 degree cameras in the years to come.
Explore the full report with table of contents and list of figures: https://www.imarcgroup.com/360-degree-camera-market
Competitive Analysis and Segmentation of the 360 Degree Cameras Market 2022-2027:
Competitive landscape with key players:
The competitive landscape of the 360 Degree Cameras Market has been studied in the report along with the detailed profiles of key players operating in the market.
Competitive landscape with key players:
- Bubl Technology Inc.
- gopro inc.
- Kodak (NYSE: KODK)
- LG Electronics (KRX: 066570)
- Nikon (OTCMKTS: NINOF)
- Nokia Corporation (NYSE:NOK)
- Ricoh Company Ltd.
- Samsung Electronics (KRX: 005930)
- Sony (NYSE:SONY)
- Xiaomi (OTCMKTS: XIAC)
Market segmentation :
Breakdown by type of connectivity:
Breakdown by resolution:
Breakdown by type of camera:
- Media and entertainment
- Military & Defense
- Travel & Tourism
- Health care
Breakdown by application:
- Traffic monitoring
- Grid Layout
- aerial landscape
Breakdown by distribution channel:
- Online stores
- Single-brand stores
- Multi-brand stores
Breakdown by region:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
The 360 degree camera project report covers the following aspects:
- Market Overview (Market Performance, Segments, Regional Outlook, Covid-19 Impact and Outlook)
- Manufacturing process
- Project details, requirements and costs involved
- Project economy
- Regulatory procedures and approval
- Main success and risk factors
Main highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market trends
- Market drivers and success factors
- Impact of COVID-19
- Value chain analysis
- Complete mapping of the competitive landscape
Note: If you need specific information that is not currently covered by the report, we will provide it to you as part of the customization.
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