by According to Precedence Research, the global action camera market size is forecasted to reach US$ 4.73 billion by 2030 from US$ 2.84 billion in 2021, by growing at a lucrative CAGR of 5.2% between 2021 and 2030.
The report contains 150+ pages with detailed analysis. The base year for the study has been considered 2021, the historic year 2017 to 2020, the forecast period considered is from 2021 to 2030. The report offers exclusive insights to help companies make informed decisions to sustain growth through the assessment period.
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The action camera market is driven by the rapid growth of the travel and tourism industry and the rapidly growing social media platforms across the globe. Further, growing need for capturing pictures, video creation, and short reels by the social media influencers is positively contributing towards the growth of the global action camera market.
The popularity of sports and recreational activities among the young population is growing. Therefore, the increased participation of the population in activities such as sports, biking, scuba diving, bungee jumping, hiking, and canoeing has fostered the demand for the high quality pictures and videos that in turn, fostered the growth of the global action camera market across the globe. Moreover, the introduction of miniaturization and latest technologies such as IoT, AR, VR, Wi-Fi and Bluetooth connectivity, and waterproof technologies has exponentially boosted the sales of various action cameras across the global markets.
Crucial factors accountable for market growth are:
- Rising disposable income
- Rising participation in recreational, sports, and adventure activities
- Rising number of participants in social media platforms
- Growing popularity of short video platforms
- New product launches with innovative features
- Rising penetration of internet along with the online sales channel
Scope of the Action Camera Market Report
| Report Highlights | Details |
| Market Size | USD 4.73 Billion by 2030 |
| Growth Rate | CAGR of 5.2% From 2021 to 2030 |
| Largest Market | North America |
| Fastest Growing Market | Europe |
| Base Year | 2021 |
| Forecast Period | 2021 to 2030 |
| Segments Covered | End Use, Application, Resolution,Distribution Channel, Region |
Competitive Intelligence
The report provides an understanding of the market composition and explains the role of established players and regional contributors. It is essential for the market players to make calculative moves and focus on client acquisition and retention. The detailed company profiles will provide the necessary intelligence to the reader. In order to maintain their share, the market players are focusing on strategies such as cross-border expansion, product differentiation and so on.
Some of the prominent players in the global action camera market are listed as below:
- Nikon Corporation
- GoPro
- Olympus Corporation
- Garmin Ltd.
- Rollei GmbH & Co. KG
- Sony Corporation
- SJCAM
- SZ DJI Technology Co.
- YI Technology
- Drift Innovation
Market Dynamics
Drivers
Adventure enthusiasts are significantly boosting the demand for the action camera. The rapid growth in the popularity of sports events and adventure activities is influencing the market growth. The rising participation of youth in adventure, tourism, and sports and their desire to click high clarity pictures and HD videos is expected to drive the growth of the global action camera market in the foreseeable future across the globe.
Restraints
The high cost of the latest and high quality action cameras is restricting the low and middle income users to adopt the action cameras especially in the developing and underdeveloped markets. This may hinder the market growth in the forthcoming years.
Opportunities
New product launches with the introduction of latest technologies such as Wi-Fi connectivity, water proof technology, AR, VR, and IoT in the action cameras may provide various growth opportunities to the action camera manufacturers in the forthcoming years.
Challenges
The ongoing shortages of semiconductors and microchips all over the globe is a major challenge faced by all the electronics manufacturers across the globe. The semiconductors are a very important part of any compact digital electronic device. The shortage of such crucial component is a major challenge to the action camera industry.
Report Highlights
- Based on the end user, the professional segment is expected to be the fastest-growing segment during the forecast period. The rising popularity of photography and videography as a career option among the individuals owing to the rapid growth of the social media is expected to register a significant growth of this segment.
- Based on the application, the sports segment dominated the market in 2020, owing to the rising participation of individuals in sports activities and rapid growth in the sports tourism and sports events across the globe.
- Based on the resolution, the ultra HD segment is anticipated to foresee a significant growth rate during the forecast period owing to the rising commercial accessibility of action cameras owing to its advanced features introduced by the manufacturers.
- Based on the distribution channel, online segment is estimated to be the fastest growing segment due to the rapid penetration of e-commerce channels and the convenience associated with the online purchase such as easy home delivery, easy payment options, and convenient return and refund policies of the online retailers.
Regional Snapshots
Based on region, North America dominated the global action camera market. This is attributable to the increased participation of youth in the sports and recreational activities such as swimming, sky diving, scuba diving, hiking, and biking. The rising number of video content creators on various social media platforms is fostering the growth of the action camera market in this region. Further, increased disposable income, higher demand for the technologically advanced devices, and higher adoption rate of innovative technologies has positively influenced the region and augmented the growth of the North America action camera market.
On the other hand, Europe is estimated to be the most opportunistic market during the forecast period. This is mainly due to the developed sports tourism and adventure tourism sectors. Further, the introduction of latest and innovative features in camera by the manufacturers especially for the European customers is fostering the growth of the market in this region.
Segments Covered in the Report
By End Use
- Professional
- Personal
By Application
- Recreational Activities
- Sports
- Emergency Services
- Others
By Resolution
- Standard Definition
- High Definition
- Ultra HD
By Distribution Channel
- Offline
- Online
Regional Segmentation
– North America (U.S. and Canada)
– Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
– Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)
– Latin America (Brazil and Rest of Latin America)
– Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Action Camera Market
5.1. COVID-19 Landscape: Action Camera Industry Impact
5.2. COVID 19 – Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Action Camera Market, By End Use
8.1. Action Camera Market, by End Use Type, 2021-2030
8.1.1. Professional
8.1.1.1. Market Revenue and Forecast (2019-2030)
8.1.2. Personal
8.1.2.1. Market Revenue and Forecast (2019-2030)
Chapter 9. Global Action Camera Market, By Application
9.1. Action Camera Market, by Application, 2021-2030
9.1.1. Recreational Activities
9.1.1.1. Market Revenue and Forecast (2019-2030)
9.1.2. Sports
9.1.2.1. Market Revenue and Forecast (2019-2030)
9.1.3. Emergency Services
9.1.3.1. Market Revenue and Forecast (2019-2030)
9.1.4. Others
9.1.4.1. Market Revenue and Forecast (2019-2030)
Chapter 10. Global Action Camera Market, By Resolution
10.1. Action Camera Market, by Resolution, 2021-2030
10.1.1. Standard Definition
10.1.1.1. Market Revenue and Forecast (2019-2030)
10.1.2. High Definition
10.1.2.1. Market Revenue and Forecast (2019-2030)
10.1.3. Ultra HD
10.1.3.1. Market Revenue and Forecast (2019-2030)
Chapter 11. Global Action Camera Market, By Distribution Channel
11.1. Action Camera Market, by Distribution Channel, 2021-2030
11.1.1. Offline
11.1.1.1. Market Revenue and Forecast (2019-2030)
11.1.2. Online
11.1.2.1. Market Revenue and Forecast (2019-2030)
Chapter 12. Global Action Camera Market, Regional Estimates and Trend Forecast
12.1. North America
12.1.1. Market Revenue and Forecast, by End Use (2019-2030)
12.1.2. Market Revenue and Forecast, by Application (2019-2030)
12.1.3. Market Revenue and Forecast, by Resolution (2019-2030)
12.1.4. Market Revenue and Forecast, by Distribution Channel (2019-2030)
12.1.5. U.S.
12.1.5.1. Market Revenue and Forecast, by End Use (2019-2030)
12.1.5.2. Market Revenue and Forecast, by Application (2019-2030)
12.1.5.3. Market Revenue and Forecast, by Resolution (2019-2030)
12.1.5.4. Market Revenue and Forecast, by Distribution Channel (2019-2030)
12.1.6. Rest of North America
12.1.6.1. Market Revenue and Forecast, by End Use (2019-2030)
12.1.6.2. Market Revenue and Forecast, by Application (2019-2030)
12.1.6.3. Market Revenue and Forecast, by Resolution (2019-2030)
12.1.6.4. Market Revenue and Forecast, by Distribution Channel (2019-2030)
12.2. Europe
12.2.1. Market Revenue and Forecast, by End Use (2019-2030)
12.2.2. Market Revenue and Forecast, by Application (2019-2030)
12.2.3. Market Revenue and Forecast, by Resolution (2019-2030)
12.2.4. Market Revenue and Forecast, by Distribution Channel (2019-2030)
12.2.5. UK
12.2.5.1. Market Revenue and Forecast, by End Use (2019-2030)
12.2.5.2. Market Revenue and Forecast, by Application (2019-2030)
12.2.5.3. Market Revenue and Forecast, by Resolution (2019-2030)
12.2.5.4. Market Revenue and Forecast, by Distribution Channel (2019-2030)
12.2.6. Germany
12.2.6.1. Market Revenue and Forecast, by End Use (2019-2030)
12.2.6.2. Market Revenue and Forecast, by Application (2019-2030)
12.2.6.3. Market Revenue and Forecast, by Resolution (2019-2030)
12.2.6.4. Market Revenue and Forecast, by Distribution Channel (2019-2030)
12.2.7. France
12.2.7.1. Market Revenue and Forecast, by End Use (2019-2030)
12.2.7.2. Market Revenue and Forecast, by Application (2019-2030)
12.2.7.3. Market Revenue and Forecast, by Resolution (2019-2030)
12.2.7.4. Market Revenue and Forecast, by Distribution Channel (2019-2030)
12.2.8. Rest of Europe
12.2.8.1. Market Revenue and Forecast, by End Use (2019-2030)
12.2.8.2. Market Revenue and Forecast, by Application (2019-2030)
12.2.8.3. Market Revenue and Forecast, by Resolution (2019-2030)
12.2.8.4. Market Revenue and Forecast, by Distribution Channel (2019-2030)
12.3. APAC
12.3.1. Market Revenue and Forecast, by End Use (2019-2030)
12.3.2. Market Revenue and Forecast, by Application (2019-2030)
12.3.3. Market Revenue and Forecast, by Resolution (2019-2030)
12.3.4. Market Revenue and Forecast, by Distribution Channel (2019-2030)
12.3.5. India
12.3.5.1. Market Revenue and Forecast, by End Use (2019-2030)
12.3.5.2. Market Revenue and Forecast, by Application (2019-2030)
12.3.5.3. Market Revenue and Forecast, by Resolution (2019-2030)
12.3.5.4. Market Revenue and Forecast, by Distribution Channel (2019-2030)
12.3.6. China
12.3.6.1. Market Revenue and Forecast, by End Use (2019-2030)
12.3.6.2. Market Revenue and Forecast, by Application (2019-2030)
12.3.6.3. Market Revenue and Forecast, by Resolution (2019-2030)
12.3.6.4. Market Revenue and Forecast, by Distribution Channel (2019-2030)
12.3.7. Japan
12.3.7.1. Market Revenue and Forecast, by End Use (2019-2030)
12.3.7.2. Market Revenue and Forecast, by Application (2019-2030)
12.3.7.3. Market Revenue and Forecast, by Resolution (2019-2030)
12.3.7.4. Market Revenue and Forecast, by Distribution Channel (2019-2030)
12.3.8. Rest of APAC
12.3.8.1. Market Revenue and Forecast, by End Use (2019-2030)
12.3.8.2. Market Revenue and Forecast, by Application (2019-2030)
12.3.8.3. Market Revenue and Forecast, by Resolution (2019-2030)
12.3.8.4. Market Revenue and Forecast, by Distribution Channel (2019-2030)
12.4. MEA
12.4.1. Market Revenue and Forecast, by End Use (2019-2030)
12.4.2. Market Revenue and Forecast, by Application (2019-2030)
12.4.3. Market Revenue and Forecast, by Resolution (2019-2030)
12.4.4. Market Revenue and Forecast, by Distribution Channel (2019-2030)
12.4.5. GCC
12.4.5.1. Market Revenue and Forecast, by End Use (2019-2030)
12.4.5.2. Market Revenue and Forecast, by Application (2019-2030)
12.4.5.3. Market Revenue and Forecast, by Resolution (2019-2030)
12.4.5.4. Market Revenue and Forecast, by Distribution Channel (2019-2030)
12.4.6. North Africa
12.4.6.1. Market Revenue and Forecast, by End Use (2019-2030)
12.4.6.2. Market Revenue and Forecast, by Application (2019-2030)
12.4.6.3. Market Revenue and Forecast, by Resolution (2019-2030)
12.4.6.4. Market Revenue and Forecast, by Distribution Channel (2019-2030)
12.4.7. South Africa
12.4.7.1. Market Revenue and Forecast, by End Use (2019-2030)
12.4.7.2. Market Revenue and Forecast, by Application (2019-2030)
12.4.7.3. Market Revenue and Forecast, by Resolution (2019-2030)
12.4.7.4. Market Revenue and Forecast, by Distribution Channel (2019-2030)
12.4.8. Rest of MEA
12.4.8.1. Market Revenue and Forecast, by End Use (2019-2030)
12.4.8.2. Market Revenue and Forecast, by Application (2019-2030)
12.4.8.3. Market Revenue and Forecast, by Resolution (2019-2030)
12.4.8.4. Market Revenue and Forecast, by Distribution Channel (2019-2030)
12.5. Latin America
12.5.1. Market Revenue and Forecast, by End Use (2019-2030)
12.5.2. Market Revenue and Forecast, by Application (2019-2030)
12.5.3. Market Revenue and Forecast, by Resolution (2019-2030)
12.5.4. Market Revenue and Forecast, by Distribution Channel (2019-2030)
12.5.5. Brazil
12.5.5.1. Market Revenue and Forecast, by End Use (2019-2030)
12.5.5.2. Market Revenue and Forecast, by Application (2019-2030)
12.5.5.3. Market Revenue and Forecast, by Resolution (2019-2030)
12.5.5.4. Market Revenue and Forecast, by Distribution Channel (2019-2030)
12.5.6. Rest of LATAM
12.5.6.1. Market Revenue and Forecast, by End Use (2019-2030)
12.5.6.2. Market Revenue and Forecast, by Application (2019-2030)
12.5.6.3. Market Revenue and Forecast, by Resolution (2019-2030)
12.5.6.4. Market Revenue and Forecast, by Distribution Channel (2019-2030)
Chapter 13. Company Profiles
13.1. Nikon Corporation
13.1.1. Company Overview
13.1.2. Product Offerings
13.1.3. Financial Performance
13.1.4. Recent Initiatives
13.2. GoPro
13.2.1. Company Overview
13.2.2. Product Offerings
13.2.3. Financial Performance
13.2.4. Recent Initiatives
13.3. Olympus Corporation
13.3.1. Company Overview
13.3.2. Product Offerings
13.3.3. Financial Performance
13.3.4. Recent Initiatives
13.4. Garmin Ltd.
13.4.1. Company Overview
13.4.2. Product Offerings
13.4.3. Financial Performance
13.4.4. Recent Initiatives
13.5. Rollei GmbH & Co. KG
13.5.1. Company Overview
13.5.2. Product Offerings
13.5.3. Financial Performance
13.5.4. Recent Initiatives
13.6. Sony Corporation
13.6.1. Company Overview
13.6.2. Product Offerings
13.6.3. Financial Performance
13.6.4. Recent Initiatives
13.7. SJCAM
13.7.1. Company Overview
13.7.2. Product Offerings
13.7.3. Financial Performance
13.7.4. Recent Initiatives
13.8. SZ DJI Technology Co.
13.8.1. Company Overview
13.8.2. Product Offerings
13.8.3. Financial Performance
13.8.4. Recent Initiatives
13.9. YI Technology
13.9.1. Company Overview
13.9.2. Product Offerings
13.9.3. Financial Performance
13.9.4. Recent Initiatives
13.10. Drift Innovation
13.10.1. Company Overview
13.10.2. Product Offerings
13.10.3. Financial Performance
13.10.4. Recent Initiatives
Chapter 14. Research Methodology
14.1. Primary Research
14.2. Secondary Research
14.3. Assumptions
Chapter 15. Appendix
15.1. About Us
15.2. Glossary of Terms
Why should you invest in this report?
If you are aiming to enter the global action camera market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for action camera are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2021-2030 so that you can plan your strategies to enter this market accordingly.
Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.
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