Global 360-degree Camera Market Research Report: By Application, End-user, and Region – Forecast till 2024 | Technavio

LONDON–(BUSINESS WIRE)–Feb 4, 2021–
The 360-degree camera market is expected to grow by USD 1.63 billion, progressing at a CAGR of over 29% during the forecast period.
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Technavio has announced its latest market research report titled Global 360-degree Camera Market 2020-2024 (Graphic: Business Wire)
The declining price of 360-degree cameras is one of the major factors propelling market growth. However, factors such as hardware and software limitations of 360-degree cameras will hamper the market growth.
More details: https://www.technavio.com/report/360-degree-camera-market-industry-analysis
360-degree Camera Market: Application Landscape
The launch of new products such as GoPro Max and Insta360 Evo and the availability of platforms such as YouTube and Facebook for filmmakers to showcase their work will boost the need for 360-degree cameras in filmmaking applications. Market growth in this segment will be slower than the growth of the market in the events segment.
360-degree Camera Market: Geographic Landscape
North America was the largest 360-degree camera market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. The growing popularity of VR games, an increasing number of studios creating immersive 360-degree movies, and the launch of technologically advanced VR devices will significantly influence 360-degree camera market growth in this region. Over 37% of the market’s growth will originate from North America during the forecast period. The US is an important market for 360-degree cameras in North America. Market growth in this region will be faster than the growth of the market in MEA and South America.
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Companies Covered:

  • Alphabet Inc.
  • Fujitsu Ltd.
  • Huawei Investment and Holding Co. Ltd.
  • Koninklijke Philips NV
  • LG Electronics Inc.
  • Panasonic Corp.
  • Ricoh Co. Ltd.
  • Samsung Electronics Co. Ltd.
  • Shenzhen Arashi Vision Co. Ltd.
  • Sony Corp.

What our reports offer:

  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers market data for 2019, 2020, until 2024
  • Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Key Topics Covered:
Executive Summary

  • Market Overview

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 – 2024

Five Forces Analysis

  • Five Forces Summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Application

  • Market segments
  • Comparison by Application placement
  • Filmmaking – Market size and forecast 2019-2024
  • Events – Market size and forecast 2019-2024
  • Others – Market size and forecast 2019-2024
  • Market opportunity by Application

Market Segmentation by End-user

  • Market segments
  • Comparison by End user placement
  • Professional – Market size and forecast 2019-2024
  • Non-professionals – Market size and forecast 2019-2024
  • Market opportunity by End user

Customer landscape

  • Overview

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America – Market size and forecast 2019-2024
  • Europe – Market size and forecast 2019-2024
  • APAC – Market size and forecast 2019-2024
  • South America – Market size and forecast 2019-2024
  • MEA – Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography

Drivers, Challenges, and Trends

  • Market drivers
  • Volume driver – Demand led growth
  • Volume driver – Supply led growth
  • Volume driver – External factors
  • Volume driver – Demand shift in adjacent markets
  • Price driver – Inflation
  • Price driver – Shift from lower to higher priced units
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Alphabet Inc.
  • Fujitsu Ltd.
  • Huawei Investment and Holding Co. Ltd.
  • Koninklijke Philips NV
  • LG Electronics Inc.
  • Panasonic Corp.
  • Ricoh Co. Ltd.
  • Samsung Electronics Co. Ltd.
  • Shenzhen Arashi Vision Co. Ltd.
  • Sony Corp.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

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SOURCE: Technavio Research
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PUB: 02/04/2021 12:14 PM/DISC: 02/04/2021 12:14 PM
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