360 Degree Camera Market is Expected to Reach
USD 1.7 Billion by 2024
The Global 360 Degree Camera Market is estimated to reach USD 1.7 Billion by 2024 at a CAGR of
28%. Increasing need for safety and security in public places, growth in virtual reality (VR) audience
and increasing demand for virtual reality headset is expected to drive the 360-degree camera market
during the forecast period. However, high manufacturing cost are expected to restrain the market
during the forecast period. Growth of immersive media industry and need of 360-degree camera in
automotive industry is expected to become an opportunity for global market.
360-degree camera are also known as Omni-directional cameras which has a 360-degree field of
view. Moreover, it captures everything around the sphere. 360 cameras are needed when large
visual fields need to be covered such as shooting panoramas. These cameras have a field of view
that ranges from a few degrees to almost 180 degrees or sometimes slightly larger than 180
degrees. Some key players in 360-degree camera are Ricoh, SAMSUNG, Nikon Corporation,
insta360.com, GoPro, Inc. and 360fly, Inc. among others.
360 Degree Camera Market: Report Synopsis
This market research report offers a comprehensive analysis of key market trends in the global 360-
degree camera market. It includes detailed discussion on historical market trends, current market
dynamics, consumer landscape, growth opportunities and challenges backed by factful feedbacks.
On the basis of type, the 360-degree camera market is segmented into personal use and
professional use. Based on resolution, the 360-degree camera market can be segmented into high
definition (1280 x 720) and ultra-high definition (3840 x 2160). The segmentation by connectivity
includes hardwired and wireless. The segmentation by end user industry includes construction,
corporate, media & entertainment, training & education, automotive, travel & tourism, military &
defence, healthcare and others. The regional analysis is covered under five major regions such as
North America, South America, Europe, Asia-Pacific, Middle East & Africa, and South America, with
individual country-level analysis.
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