Action Cameras Global Strategic Business Report 2024: Market Set to Surpass US$29.8 Billion Globally by 2030, Driven by Soaring Demand and Technological Advances


Dublin, Jan. 19, 2024 (GLOBE NEWSWIRE) -- The "Action Cameras - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering.

Global Action Cameras Market to Reach $29.8 Billion by 2030

The global market for Action Cameras estimated at US$5.3 Billion in the year 2022, is projected to reach a revised size of US$29.8 Billion by 2030, growing at a CAGR of 24.1% over the analysis period 2022-2030.

Box Style, one of the segments analyzed in the report, is projected to record 26.4% CAGR and reach US$14.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Cube Style segment is readjusted to a revised 24.4% CAGR for the next 8-year period.

The U.S. Market is Estimated at $1.4 Billion, While China is Forecast to Grow at 31.7% CAGR

The Action Cameras market in the U.S. is estimated at US$1.4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$8.1 Billion by the year 2030 trailing a CAGR of 31.7% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 16.3% and 20.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 18.4% CAGR.

Companies Profiled:

  • Amkov
  • Braun
  • Casio
  • Chilli Technology
  • Contour
  • Decathlon
  • DJI Technology
  • Drift Innovation
  • Garmin
  • GoPro
  • HTC
  • iON
  • JVC Kenwood
  • Kodak
  • Nikon
  • Olympus
  • Ordro
  • Panasonic
  • PLR Ecommerce
  • Polaroid
  • RIOCH
  • Rollei
  • SJCAM Limited
  • Sony Corporation
  • SZ DJI Technology
  • TomTom
  • Toshiba
  • Veho World
  • XIAOMI
  • YI Technology

Key Report Highlights

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Key Attributes:

Report AttributeDetails
No. of Pages78
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$5.3 Billion
Forecasted Market Value (USD) by 2030$29.8 Billion
Compound Annual Growth Rate24.1%
Regions CoveredGlobal


For more information about this report visit https://www.researchandmarkets.com/r/46t9fx

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Attachment

 
Global Market for Action Cameras

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