360-degree camera market size grows by $1.68 billion, and Alphabet Inc. and Fujitsu Ltd. Among the main sellers

New YorkAnd the 27 July 2022 /PRNewswire/ – A 360-degree camera capable of capturing a 360-degree field of view. It is also called an omnidirectional camera, with a field of view covering the entire sphere. The 360-degree camera provides more immersive viewing than any other form of media. Content from these cameras can be viewed without using a VR headset.

Technavio announces its latest market research report titled 360° Cameras Market by Application, End User, and Geography - Forecast and Analysis 2021-2025

Technavio announces its latest market research report titled 360° Cameras Market by Application, End User, and Geography – Forecast and Analysis 2021-2025

The 360 degree camera market The volume is expected to grow by 1.68 billion US dollars From 2020 to 2025. In addition, the growth momentum of the market will accelerate at a compound annual growth rate of 27% during the forecast period.

Get the summary of a comprehensive report describing the market size and forecast along with research methodology. The sample report Available as PDF

market dynamics

The Improving the demand for VR headsets Driving the growth of the 360-degree camera market. The gaming market is the biggest adopter of virtual reality content. Furthermore, the traditional entertainment industry has changed, through the development and emergence of serialized content. Content creators develop different types of VR content, ranging from art and culture to entertainment. VR provides a simulated environment through VR hardware and software, which gives users a virtual experience. The growth potential of 360° cameras is expected to be high during the forecast period, with increased demand for VR content.

Hardware and Software Limitations for 360° Cameras Challenging market growth. VR consoles need high processing speeds and large storage capabilities to play 360-degree videos efficiently. However, building a software platform that is compatible with hardware is a challenge for game developers. Latency can distort the 360-degree image and can also cause motion sickness among users. In addition, the success of virtual reality depends entirely on the quality of hardware and software.

Technavio provides the latest drivers, challenges and trends in the market, which can help companies stay ahead of their competitors. View our PDF report template

Company Profile

The 360° Cameras Market report provides complete insights into the major vendors, including Alphabet Inc. and Fujitsu Ltd. and Huawei Investment and Holding Co. Ltd. and Koninklijke Philips NV and LG Electronics Inc. and Panasonic Corp. and Ricoh Co. and Samsung Electronics Co. Ltd. and Shenzhen Arashi Vision Co., Ltd. Ltd. and Sony Corp. The main offerings of some of these vendors are listed below:

  • Alphabet Corporation – The company supports 360-degree image capture and publication with the help of Street View.

  • Fujitsu Limited – The company offers 360 camera support for Facebook recording, and YouTube live streaming at a video resolution of 2048 x 1024 at 30 fps, and a still image resolution of 2304 x 1152.

  • Huawei Investment and Holding Company Limited – It is a 360 degree portable camera which supports social media sharing conveniently. With the dual 13MP cameras, it can take 5 kilo pictures and 2 K Videos at 30 frames per second.

  • Koninklijke Philips NV – The company offers a 360-degree camera for a true full-HD 360-degree panoramic view that shows no dead angles, including indoor and outdoor monitoring.

  • LG Electronics – LG 360 CAM helps record 13MP 360-degree photos and 360-degree video 2 K. It also allows smartphones to be used as remote controllers to see what is being recorded in real time.

Market segmentation

  • By the end user, the market is categorized into professional and non-professional. The Professionals It will contribute the bulk of the market.

  • By application, the 360° camera market is categorized into film industry, events, and more.

  • By geography, the market is categorized into North AmaricaAnd the Europeasia pacific, South americaand MEA. North Amarica It will have the largest share of the market.

See the contribution of each part summarized in brief diagrams and accurate descriptions. View a report form in PDF format

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360 degree camera market scope

Report coverage

details

page number

120

base year

2020

prediction period

2021-2025

Growth Momentum and CAGR

Accelerate at a compound annual growth rate of 27%

Market Growth 2021-2025

1.68 billion US dollars

Market Structure, Market Structure

fragmented

Annual Growth (%)

18.45

Regional Analysis

North America, Europe, Asia Pacific, South America, Middle East and Africa

Market share performance

North America with 36%

Main consuming countries

The United States, China, Japan, the United Kingdom, and France

Competitive scene

Leading companies, competitive strategies and scope of consumer engagement

Company Profile

Alphabet Inc. , Fujitsu Ltd. Huawei Investment and Holding Co., Ltd. Ltd. , Koninklijke Philips NV, LG Electronics Inc. , Panasonic Corp. , Ricoh Co. Ltd. , Samsung Electronics Co. Ltd. Shenzhen Arashi Vision Co.Ltd. and Sony Corp.

market dynamics

Key market analysis, market growth drivers and obstacles, fast-growing and slow-growing segments analysis, COVID-19 impact and future consumer dynamics, market status analysis for the forecast period.

field of customization

If our report doesn’t include the data you’re looking for, you can access our analysts and customize the segments.

table of contents

Executive Summary

market view

  • Market Ecosystem

  • value chain analysis

market scaling

Five forces analysis

Market segmentation by application

  • Market segments

  • Compare by application

  • Film Industry – Market Size and Forecast for 2020-2025

  • Events – Market Size and Forecast for 2020-2025

  • Others – Market Size and Forecast for 2020-2025

  • Market Opportunity by Application

Market segmentation by end user

  • Market segments

  • Comparison by end user

  • Professional – Market Size and Forecast for 2020-2025

  • Non-Professionals – Market Size and Forecast for 2020-2025

  • Market opportunity by the end user

customer scene

geographic landscape

  • geographical segmentation

  • geographical comparison

  • North Amarica – Market Size and Forecast for 2020-2025

  • Europe – Market Size and Forecast for 2020-2025

  • Asia Pacific Region – Market Size and Forecast for 2020-2025

  • South america – Market Size and Forecast for 2020-2025

  • Middle East and Africa – Market Size and Forecast for 2020-2025

  • Leading countries

  • Market opportunity by geography

  • Market Drivers

  • Market Challenges

  • Market trends

landscape seller

  • landscape seller

  • landscape disturbance

  • Competitive Scenario

Vendor Analysis

  • covered sellers

  • Market position for sellers

  • Alphabet Inc.

  • Fujitsu Limited.

  • Huawei Investment and Holding Company Limited.

  • Koninklijke Philips NV

  • LG Electronics Inc.

  • Panasonic Corporation

  • Rico Co., Ltd.

  • Samsung Electronics Co., Ltd.

  • Shenzhen Arashi Vision Co., Ltd. Ltd.

  • Sony Corporation.

appendix

information about us

Technavio is a global leader in technology research and consulting. Their research and analysis focus on emerging market trends and provide actionable insights to help companies identify market opportunities and develop effective strategies to improve their market positions. With over 500 dedicated analysts, Technavio’s reporting library consists of more than 17,000 reports and statistics, covering 800 technologies, spanning across 50 countries. Their client base consists of organizations of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in current and potential markets and to assess their competitive positions within changing market scenarios. .

Contact

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Technavio (PRNewsfoto / Technavio)

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