Global Action Camera Market Research Report by Forecast to 2023

Global Action Camera Market Research Report by Forecast to 2023

Global Action Camera Market Research Report by Forecast to 2023

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Global Action Camera Market Research Report by Forecast to 2023

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Global Action Camera Market Research Report by Forecast to 2023

Summary The action camera, or the action cam, is defined as a digital camera that has been designed for recording action while being a part of that action. The new research report about the global action camera market published by Market Research Future (MRFR) analyzes hike for this market at 14.2% CAGR between 2018 and 2023. By value, the market can be worth USD 9,382.5 mn by the end of the forecast period.

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Global Action Camera Market Research Report by Forecast to 2023

Major Key Players: •

Drift (U.S.)

•

Garmin (U.S.)

•

GoPro (U.S.)

•

iON (U.S.)

•

Rollei (Germany)

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Sony (Japan)

•

TomTom (Netherlands)

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Olympus (Japan)

•

Veho (England)

Segmentation: The global action camera market segmentation covers distribution channel, end-user, technology, and type. MRFR’s analysis of these segments is an attempt to understand market trends.

Based on the distribution channel, the segmentation of this market covers online stores and brick & mortar stores. Regarding technology, the market has been segmented into the standard definition (SD), high definition (HD), full HD, and ultra HD. By type, the market has been segmented into 360°, box style, bullet style, cube style, and periscope.

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Global Action Camera Market Research Report by Forecast to 2023 In the context of end-users, the market has been segmented into personal and professional. Personal segment comprises of people who use the camera to capture the happy moments with their families.

The professional segment comprises of professionals who use the camera for professional purposes like movie making or news coverage.

Regional Analysis: The regional segmentation of the global action camera market covers North America, Europe, Asia Pacific, and Rest of the World (RoW).

By holding 39.9% share, North America has emerged as the biggest regional market. Estimated to grow at 11.2% CAGR during the forecast period, the North American market can worth USD 1,691.0 mn. In this region, the market is primarily growing due to technological advancement, presence of major market players, and rising trend of content sharing over social media platforms. The growing popularity as well as the market for adventure sports, tourism, and travel industry in North America, are also contributing to the market growth. Due to high disposable income, the USA and Canada are the biggest country-specific markets in this region. Mexico is the third crucial country-specific market in this region.

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Global Action Camera Market Research Report by Forecast to 2023

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