Action Camera Market by Technology, End-user, Distribution Channel, and Geography - Forecast and Analysis 2021-2025

  • Published: Apr 2021
  • Pages: 120
  • SKU: IRTNTR41026

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The action camera market size is expected to grow by USD 2.02 billion and record a decelerating CAGR of 10.48% during 2021-2025.

This post-pandemic action camera market report has assessed the shift in consumer behavior and has identified and explored the upcoming trends and drivers that the vendors can capitalize on to support prompt business decisions. In this action camera market analysis report, key drivers such as the growing popularity of social networking sites have been discussed with emerging growth regions, which will offer immense business opportunities. Our analysts have also identified challenges such as rising popularity of smartphones, which will impede the market growth. With these insights, the vendors can recreate their plan of action to obtain growth opportunities in the future.

What will the Action Camera Market Size be in 2021?

Action-Camera-Market-Market-Size-2020-2025

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Who are the Key Vendors in the Action Camera Market?

The action camera market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The profiles include information on the production, competitive landscape, sustainability, and prospects of the leading companies including:

 

  • CASIO Computer Co. Ltd.
  • Eastman Kodak Co.
  • Garmin Ltd.
  • GoPro Inc.
  • Olympus Corp.
  • Panasonic Corp.
  • C&A Marketing Inc.
  • Sony Corp.
  • Toshiba Corp.
  • Xiaomi Corp.

 

The action camera market is fragmented and the vendors are deploying various growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.

This action camera market report further entails segmentation by technology (ultra HD and HD), end-user (commercial and residential), distribution channel (online and offline), and geography (North America, Europe, APAC, South America, and MEA). View our sample report to gather market insights on the segmentations.

To make the most of the opportunities, vendors should focus on fast-growing segments, while maintaining their positions in the slow-growing segments. Fetch actionable market insights on post COVID-19 impact on each product and service segments.

 

Which are the Key Regional Markets for Action Camera Market?

Action-Camera-Market-Market-Share-by-Region-2020-2025

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The report offers an up-to-date analysis of the geographical composition of the market. North America had the largest market share in the action camera market in 2021, and the region will offer several growth opportunities to market vendors during the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

31% of the market’s growth will originate from North America during the forecast period. The US is the key market for the action camera market in the region. This report provides estimations of the contribution of all regions to the growth of the action camera market size.

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What are the Key Factors Covered in this Action Camera Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive action camera market growth during the next five years
  • Precise estimation of the action camera market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the action camera industry across North America, Europe, APAC, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of action camera market vendors

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The action camera market growth will increase by $3432.47 million during 2019-2024.
The action camera market is expected to grow at a CAGR of 11.61% during 2019-2024.
Technavio has segmented the action camera market by technology (Ultra HD and HD) ,distribution channel (Online and Offline) , and geographic (North America, Europe, APAC, and South America).
Casio Computer Co. Ltd., Eastman Kodak Co., Garmin International Inc., GoPro Inc., JVCKENWOOD Corp., Panasonic Corp., PLR IP Holdings LLC, Sony Corp., TomTom NV, Xiaomi Corp. are a few of the key vendors in the action camera market.
APAC will register the highest growth rate of 31.15% among the other regions. Therefore, the action camera market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the action camera market growth are:
  • Growing popularity of social networking sites
  • Rapid shift in demand from developed nations to developing nations
The action camera market vendors should focus on grabbing business opportunities from the ultra hd segment as it accounted for the largest market share in the base year.
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