![Global 360-degree Camera Market](https://res.cloudinary.com/devmoveo/image/upload/v1680083454/skyquest/gallery/Global-360-degree-camera-market.jpg)
Report ID: SQMIG45J2069
Report ID:
SQMIG45J2069 |
Region:
Global |
Published Date: April, 2024
Pages:
197
|
Tables:
145 |
Figures:
78
North America accounted for the largest share in 2022. The availability of a sizable number of producers making standalone cameras and rigs, combined with the willingness of customers to embrace technologically advanced products, are the main factors promoting this regional market. The rise of this region is also being fuelled by the expansion of VR gaming and the rising popularity of VR headsets in the United States and other countries in the region. This region is further anticipated to develop a faster growth rate in the coming years due to the high acceptance rate of innovative technologies and ongoing technological advancements in the consumer electronics market.
Rise in purchasing power parity (PPP) in developing nations such as China, India, and Japan, coupled with the growing acceptance of AR-VR technology, and higher demand from the entertainment industry are all predicted to contribute to the growth of the Asia Pacific market for 360-degree cameras. But during the course of the projection period, the region's growth is anticipated to be boosted by the rising use of smart devices, rising economic growth, rising consumer spending, and shifting consumer spending patterns.
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Report ID: SQMIG45J2069