Action Camera Market Share By Brand

The global action camera market is forecast to be worth 10 25 billion u s.

Action camera market share by brand. The american company gopro is the leader in the. The polaroid cube is for the adventure seeker that is on a budget. Dublin may 29 2018 prnewswire. The global action camera market size was estimated at usd 3 3 billion in 2018 and is expected to register a revenue based cagr of 16 7 over the forecast period.

The cube sells at 99 while a gopro hero 3 black edition sells for 400. Compact camera shipments have dropped by 88 2 compared to last year. The global action camera market is expected to witness substantial growth during the forecast period. That is pretty much a given.

Lens shipment has dropped by 67 1 compared to last year. Invests heavily into research and development as it strives to retain its position atop an action camera market that sold an estimated 2 4 million units in 2018. Nobody carries a pocket camera with them anymore. For gopro which has 47 5 of the market it provides a potential.

The action camera market has been estimated to experience significant growth in terms of extensive application in recording action sports and activities. We can attribute the remaining market share to gopro s competitors. The digital camera market. The global action camera market is highly competitive with vendors competing based on price quality and market presence.

The factors driving the growth. In contrast to the photographic equipment market the action camera market it is growing and according to industry estimates expected to grow at a compound annual growth rate at 23 until 2019 marketline 2016. The global action camera market size is expected to reach 8 9 billion by 2025 rising at a market growth of 18 3 cagr during the forecast period. Compact cameras have dropped by over 88 percent because of the iphone.

The global action camera market is expected to grow at 14 21 cagr during the forecast period. Mirrorless camera shipments have dropped by 79 8 compared to 2018. Gopro s market share is 47 5 of the action camera market. The market value reached usd 4 237 9 million in 2017 and is expected to reach usd 9 382 5 million by 2023.