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Action Camera Market Share

Report ID: GMI353
Published Date: Oct 2020
Report Format: PDF

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Action Camera Market Share

Key companies operating in the market include :

Garmin Ltd
GoPro, Inc
Nikon Corporation
Panasonic Corporation
Sony Corporation
Olympus Corporation
TomTom N.V
YI Technology
SZ DJI Technology Co., Ltd

They are focusing on introducing new products in the market to differentiate their offerings and sustain the growing competition.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The global market for action cameras was pegged at USD 3.5 billion in 2019 and will register more than 14% CAGR over 2020-2026 with the gradual expansion of the tourism sector.

Personal applications accounted for over 60% of the industry share in 2019 and will reach a CAGR of 13% through 2026 owing to the rapid adoption of social media platforms.

The U.S. action camera industry share will witness over 15% CAGR for the ultra HD technology segment due to their increasing deployment across recreational activities.

The market in UAE is expected to record over 12% CAGR owing to the fast-paced growth on e-commerce sector and the availability of a range of cameras online.

LATAM industry size for action cameras will grow at a rate of around 12% up to 2026 with high demand from cultural events, carnivals and festivals taking place in the region.