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Publishing News and Press Releases

Action Camera & Accessories Market Worth $6.58 Billion by 2027

 



(Publishing-NewsWire.com, August 09, 2022 ) The action camera & accessories market is expected to grow at a CAGR of 13.5% from 2020 to 2027 to reach $6.58 billion by 2027 from $2.7 billion in 2020.



Increasing tourism and growth in travel blogging globally are driving the growth of the action cameras market. The development of the tourism industry has propelled the adoption of action cameras among individual and group travelers. The demand for action cameras has grown significantly in recent years due to their high utilization in adventure sports and other outdoor activities. Consumers in the sports industry use action cameras mainly for recording live sports events to evaluate performance. However, the availability of smartphones with high-resolution and wide-angle cameras has negatively impacted the demand for action cameras in recent years.



Get Free Request Sample Copy of this report



https://www.meticulousresearch.com/request-sample-report/cp_id=5163



In 2020, North America to account for the largest share of the market



North America is expected to cover the largest share in the action camera & accessories market by 2027 in terms of revenue and volume due to the presence of a wide consumer base, action camera manufacturers, and the developed tourism sector. The U.S. accounts for the highest number of action camera consumers due to high awareness of the usage, the high number of travel bloggers, and the advanced adventure sports industry. The region also comprises several camera manufacturers that allow consumers to purchase the latest products at reasonable costs.



Key questions answered in the report-



What are action cameras & accessories?



What is the expected revenue for the action camera & accessories market from 2020 to 2027?



What is the expected volume for the action cameras market globally from 2020 to 2027?



Which product offering segments are set to gain the largest share in 2020 and the fastest growth rate by 2027 in terms of revenue and volume?



What are the major factors driving the action camera & accessories market?



Which factors restrain the market growth?



What are the major opportunities in the market?



Which challenge is impacting the action camera & accessories market growth?



Who are the major key players operating in the action camera & accessories market?



Which countries will witness fast growth in the forecast years?



Key Players



The report includes the competitive landscape based on an extensive assessment of the key strategic developments adopted by leading market participants in the industry over the past three years. The key players operating in the action camera & accessories market are GoPro, Inc. (U.S.), Sony Corporation (Japan), Insta360 (Arashi Vision Inc.) (China), SJCAM (China), JVCKENWOOD Corporation (Japan), TomTom International BV (Netherlands), Garmin Ltd. (U.S.), SZ DJI Technology Co., Ltd. (China), Drift Innovation (U.K.), YI Technology (China), Eastman Kodak Company (U.S.), Nikon Corporation (Japan), Rollie (Germany), Panasonic Corporation (Japan), and Xiaomi (China).



Check complete table of contents with list of table and figures:



https://www.meticulousresearch.com/product/action-camera-and-accessories-market-5163



Scope of the Report



Action Camera & Accessories Market, by Product Offering



Action Cameras

Action Camera Accessories

Batteries

Mounts

Mods

Protectors

Other Accessories

Action Camera & Accessories Market, by Technology



Full HD

Ultra HD

SD

Action Camera & Accessories Market, by Frame Rate



31-60 fps

15-30 fps

61-120 fps

121-240 fps

Action Camera & Accessories Market, by Distribution Channel



Online

Offline

Action Camera & Accessories Market, by End User



Personal

Professional

Action Camera & Accessories Market, by Application



Sports

Travel & Tourism

Recreational Activities

Entertainment & Media

Automotive

Emergency Services

Other Applications

Action Camera & Accessories Market, by Geography



North America

U.S.

Canada

Europe

U.K

Germany

France

Italy

Spain

Switzerland

Russia

Rest of Europe

Asia-Pacific (APAC)

China

India

Japan

South Korea

Australia

Singapore

Latin America

Brazil

Mexico

Rest of Latin America

Middle East and Africa (MEA)

UAE

Saudi Arabia

South Africa

Rest of the Middle East and Africa





Please download report pages and learn more: https://www.meticulousresearch.com/download-sample-report/cp_id=5163

Meticulous Research™

Khushal

+91 744-7780008

sales@meticulousresearch.com

Source: EmailWire.Com

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