The Global Action Camera Market is expected to grow by $3659.29 mn during 2022-2027, accelerating at a CAGR of 16.47% during the forecast period

December 30, 2022

New York, Dec. 30, 2022 (GLOBE NEWSWIRE) -- announces the release of the report "Global Action Camera Market 2023-2027" - 47% during the forecast period. Our report on the action camera market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the growing popularity of social networking sites, the increasing popularity of action cameras, and the high growth in adventure tourism.The action camera market is segmented as below:By Technology• Ultra HD• HDBy End-user• Commercial• ResidentialBy Distribution Channel• Online• OfflineBy Geographical Landscape• North America• Europe• APAC• South America• Middle East and AfricaThis study identifies the rapid shift in demand from developed nations to developing nations as one of the prime reasons driving the action camera market growth during the next few years. Also, the rising popularity of online retail and rising sponsorship of extreme sports events will lead to sizable demand in the market.The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the action camera market covers the following areas:• Action camera market sizing• Action camera market forecast• Action camera market industry analysisThis robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading action camera market vendors that include C and A Marketing Inc., Casio Computer Co. Ltd., Chilli Tech Europe Ltd., Drift Innovation Ltd., Eastman Kodak Co, Garmin Ltd, GoPro Inc., HTC Corp., iON America LLC, Nikon Corp., Olympus Corp., Panasonic Holdings Corp., Ricoh Co. Ltd., Rollei GmbH and Co. KG., Shenzhen Amkovery Tech. Development Co. Ltd., SJCAM Ltd., Sony Group Corp., Toshiba Corp., Veho, and Xiaomi Inc. Also, the action camera market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.Read the full report: ReportlinkerReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.__________________________

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