An action camera is
a HD personal camera used in extreme action photography. It is used in unusual
places such as mountains, underwater, air, cars, and army tanks. These cameras
are hand-free and can be mounted anywhere on the body. Such cameras are popular
with water sports enthusiasts, skiers, motorcyclists, drivers, and mountain
bikers.
Analysts forecast
the Global Action
Camera market will grow at a
CAGR of 23.83 by volume and 16.2 percent by value over the period 2013-2018.
The Report
recognizes the following companies as the key players in Global Action Camera
Market Contour LLC, Drift Innovation, GoPro Inc., iON Worldwide, Sony Corp.,
Brinno Inc., Garmin Ltd., JVC Kenwood Corp., Liquid Image Corp., Mobius Action Cam,
Panasonic Corp. , Polaroid, RePlay XD, Shimono, Toshiba Corp :
The Global Action
Camera market has been witnessing an increase in the number of new entrants in
the past few years. The market, is at its nascent stage, and is experiencing
rapid growth, attracting many new players into the market. The entry of new
players is expected to have a subsequent effect on the price, features, and
quality. This is expected to be beneficial for consumers with enhanced quality
and features are expected to be available at low prices
Covered in this Report
The report covers the present
scenario and the growth prospects of the Global Action Camera market for the
period 2014-2018. To calculate the market size, the reports takes into account
the total number shipped annually.
Global Action Camera
Market 2014-2018, has been prepared based on an in-depth market analysis with
inputs from industry experts. The report covers North America, Europe, and the
APAC and MEA region; it also covers the Global Action Camera market landscape
and its growth prospects in the coming years. The report also includes a
discussion of the key vendors operating in this market.
According to the
report, the growing use of social networks, such as Facebook, Twitter, and
Instagram, is one of the major drivers of the Global Action Camera market.
Through these sites end-users share images and videos of their sports
activities that are captured through, increasing the demand for these cameras.
Vendors also enhance their product features to give a better customer
experience and they sponsor many extreme sports events.
Further, the report
states that despite these growth drivers, market vendors face a few challenges.
The popularity of smartphones among consumers is one of the major growth
inhibitors of the Global Action Camera market. Declining prices of smartphones
coupled with enhanced features, which offer better image and video quality, are
the main reasons for the popularity of smartphones.
