Global 360 Degree Cameras
Market Report
2024
As per Cognitive Market Research's latest published report, the Global 360-degree cameras market size was $1,023.5 million in 2021 and it is forecasted to reach $3,124.8 million by 2028. 360-degree cameras Industry's Compound Annual Growth Rate will be 24.17% from 2023 to 2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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As per Cognitive Market Research's latest published report, the Global 360-degree cameras market size was $1,023.5 million in 2021 and it is forecasted to reach $3,124.8 million by 2028. 360-degree cameras Industry's Compound Annual Growth Rate will be 24.17% from 2023 to 2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global 360 Degree Cameras Market Sales Revenue 2021 | $ 1 Million |
Global 360 Degree Cameras Market Sales Revenue 2028 | $ 3 Million |
Global 360 Degree Cameras Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 24.17% |
Market Split by Camera Type |
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Market Split by Application |
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Market Split by Resolution |
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Market Split by Distribution Channel |
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Market Split by Vertical |
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Market Split by Connectivity Type |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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360 Degree Cameras Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
A 360-degree panoramic camera sometimes called an omnidirectional camera, is a compact, portable tool that enables a user to record a 360-degree view of a horizontal plane or the entire field of view. It usually has two fisheye lenses mounted on either side of the camera body, each with a field of view of at least 180 degrees. Wireless 360-degree cameras, such as digital single-lens reflex (DSLR), action cameras, and mirrorless cameras, can connect to smartphones via Wi-Fi or Bluetooth. It makes editing, transferring, post-processing, and posting on social media easier and faster.
These cameras are ideal for a variety of applications, including video surveillance of airport terminals and train and subway stations, urban surveillance installations such as public square surveillance, security of critical infrastructure and industrial urban use and surveillance sites, school video surveillance indoors of shopping malls Outside security, including parking. These cameras are easier to operate and manage than DSLRs. Compared with ordinary cameras, this camera requires more power to generate heat. Therefore, they installed energy-saving chips.
Rising demand from end users for enhanced safety and security owing to rising criminal activities is one of the key factors impacting the expansion of 360-degree surveillance cameras. Apart from this, the market for 360-degree cameras is expanding owing to the increasing demand and usage of smart devices. Considering the numerous features of 360-degree cameras and the roughly equal growth across verticals, the automotive, healthcare, and industrial verticals will create enormous growth opportunities for global 360-degree security camera manufacturers.
Using a 360-degree camera, users can record every detail of an event for the audience. Since 360-degree cameras are now affordable, users can easily buy them to get a complete view of their surroundings. The demand for 360-degree cameras has increased due to the integration of these cameras with mobile devices and the growing preference of viewers for live 4K and HDR content. Users are encouraged to create and post their 360-degree videos on major social networking sites that support 360-degree camera content, such as Facebook and YouTube.
In industries such as media and entertainment and sports, there is an increasing need for high-resolution surveillance and higher frame rates for better-quality photos. Since the advent of 360-degree panoramic cameras, a large bandwidth is now required to transmit the highest quality 360-degree video. The 360-degree video uses 4-5 times the bandwidth of traditional 2D video. A 360-degree camera typically records images from every angle. Also, images or videos must be of better resolution, such as 4K or higher, to provide users with a satisfying and immersive experience. The quality of 360-degree video increases with higher resolution, but the file size also becomes larger. Transmitting the highest quality 360-degree video requires more bandwidth.
The pandemic has brought new problems and new trends to the daily life of ordinary people. People across the globe are struggling to keep up with changing trends, which range from prioritizing face masks to working from home, paying more attention to their health. Due to fewer live events and trade shows, there has been less demand for cameras. These cameras are often used for social gatherings, including parties and social events. The use of these cameras is less taboo as virtual exes and orientation become new trends; a trend accelerated by the pandemic.
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Top Companies Market Share in 360 Degree Cameras Industry: (In no particular order of Rank)
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North America accounted for the broadest market share. The Asia Pacific market will witness the highest CAGR over the forecast period. North America holds the market share in 2021. One of the major reasons driving the demand for 360-degree cameras in the region is the growing popularity of photography. As photography becomes more accessible and affordable, the demand for 360-degree cameras in the region is also increasing. The Asia Pacific region will experience the fastest market growth in 2021. Increasing consumer budgets are expected to drive the expansion of the 360-degree camera market in APAC due to expanding technological advancements such as high-definition (HD) 360-degree cameras and sensing automation.
The current report Scope analyzes 360 Degree Cameras Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global 360 Degree Cameras Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing 360 Degree Cameras Industry growth. 360 Degree Cameras market has been segmented with the help of its Camera Type, Application Resolution, and others. 360 Degree Cameras market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Based On Camera Type, the market is segmented into single and professional. Professional cameras dominated the 360-degree camera market with a 68.12% share of total revenue generated in 2021. As they can take wide-angle 360-degree high-quality photos. They are very efficient and can increase the overall safety of the situation.
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Based On Application, the global 360-degree camera market is segmented into traffic monitoring, grid layout, aerial landscape, and others. In 2021, the Traffic monitoring category held 32.45% of the total market share.
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Based On Resolution, high definition (HD) and ultra-high definition (UHD) are the segments of the global 360-degree camera market. With the increased clarity of high-definition (HD) 360-degree cameras, on-screen images may be less blurry. Better motion and more vivid, natural colors are two added benefits of high definition (HD).
Based On Distribution Channel, the global 360-degree panoramic camera market is segmented into online stores, single-brand stores, and multi-brand stores. The accessibility of multi-brand products in one store contributes to the growth of this market. A multi-brand retail store is a store that offers a variety of different brands of products and services in one convenient location.
Based On Vertical, the market is segmented into media & entertainment, consumer, military & defense, travel & tourism, automotive, commercial, healthcare, and others. In 2021, the consumer goods category holds 23.45% of the total market share. The market for 360-degree cameras has room to expand as more and more people use them for various purposes such as sports, photography, events, and festivals.
Based On Connection Type, the market is segmented into wired cameras and wireless cameras. In 2021, wired cameras dominated the global 360-degree camera market with 58.23% of the total market share. Cables connect wired cameras to power and internet connections. In photo studios, such cameras are often used.
Senior Research Analyst at Cognitive Market Research
ResearchGate Profile: https://www.researchgate.net/profile/Kalyani-Raje
An optimistic Senior Research Analyst with years of experience in competitive assessment and business consulting. A seasoned professional and subject-matter expert (SME) in the Automobile and transportation vertical.
With a work experience of over 10+ years in the market research and strategy development. I have worked with diverse industries, including FMCG, IT, Telecom, Automotive, Electronics and many others. I also work closely with other departments such as sales, product development, and marketing to understand customer needs and preferences, and develop strategies to meet those needs.
I am committed to staying ahead in the rapidly evolving field of research and analysis. This involves regularly attending conferences, participating in webinars, and pursuing additional certifications to enhance my skill set. I played a crucial role in conducting market research and competitive analysis. I have a proven track record of distilling complex datasets into clear, concise reports that have guided key business initiatives. Collaborating closely with multidisciplinary teams, I contributed to the development of innovative solutions grounded in thorough research and analysis.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global 360 Degree Cameras Market is witnessing significant growth in the near future.
In 2023, the Single segment accounted for noticeable share of global 360 Degree Cameras Market and is projected to experience significant growth in the near future.
The Traffic-Monitoring segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Go Pro, Rylo Inc. and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Camera Type | Single, Professional |
Application | Traffic-Monitoring, Grid Layout, Aerial Scenery, Others |
Resolution | High-definition (HD), Ultra-high-definition (UHD) |
Distribution Channel | Online Stores, Single-Brand Stores, Multi-Brand Stores |
Vertical | Media & Entertainment, Consumer, Military & Defense, Travel & Tourism, Automotive, Commercial, Healthcare, Others |
Connectivity Type | Wired Camera, Wireless Camera |
List of Competitors | Go Pro, Nikon, Rylo Inc., Samsung Electronics, Nokia, Sony Corporation, Xiaomi Group, Humaneyes Technologies, Panasonic, Kodak, Ricoh, Insta360, 360fly, LG Electronics, Bubl being highlighted, Others |
This chapter will help you gain GLOBAL Market Analysis of 360 Degree Cameras. Further deep in this chapter, you will be able to review Global 360 Degree Cameras Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Camera Type Analysis 2019 -2031, will provide market size split by Camera Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Camera Type Analysis 2019 -2031
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Chapter 11 Market Split by Application Analysis 2019 -2031
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Chapter 12 Market Split by Resolution Analysis 2019 -2031
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Chapter 13 Market Split by Distribution Channel Analysis 2019 -2031
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Chapter 14 Market Split by Vertical Analysis 2019 -2031
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Chapter 15 Market Split by Connectivity Type Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global 360 Degree Cameras market
Chapter 16 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Single have a significant impact on 360 Degree Cameras market? |
What are the key factors affecting the Single and Professional of 360 Degree Cameras Market? |
What is the CAGR/Growth Rate of Traffic-Monitoring during the forecast period? |
By type, which segment accounted for largest share of the global 360 Degree Cameras Market? |
Which region is expected to dominate the global 360 Degree Cameras Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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