Report ID: SQSG25E2021
Report ID:
SQSG25E2021 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
176 |
Figures:
81
Action Camera And Accessories Market size was valued at USD 2951 million in 2019 and is poised to grow from USD 3287.12 million in 2023 to USD 7631 million by 2031, growing at a CAGR of 11.3% in the forecast period (2024-2031).
Action cameras are digital cameras that are meant to capture action while completing tasks. These cameras are tiny and sturdy, and they are usually waterproof and shockproof, making them ideal for high-intensity sports. Accessories for action cameras are used to mount, position, support, protect, and charge the cameras. Batteries, modifications, mounts, protectors, and other accessories are among them. Furthermore, the growing popularity of action cameras in professional activities as well as outdoor adventures is boosting the action camera and accessories market. On the other hand, technical advancements in the consumer electronics industry, such as the incorporation of AI and VR methods in cameras, are considerably contributing to the expansion. Consumer electronics sector evolution, such as sensor miniaturisation and widespread usage of smart gadgets, is expected to favourably effect market development. The market has been driven by features such as mobility, ease, compact size, and adaptability. The latest generation of action cameras frequently have add-ons that enable Wi-Fi and other functionalities that link action camera users to other devices.
Waterproof housings for action cameras and gadgets have provided producers with several options. For example, the Nikon KeyMission360 comes with an in-built waterproof case, but the Veho K2Pro 4K requires the purchase of an aftermarket housing. Furthermore, Wi-Fi compatibility and mobile app compatibility are other frequent aspects wherein internet technology drives the relevance of network connectivity in cameras. As a result, manufacturers concentrate on equipping the camera with cutting-edge technology and functions that meet customers' expectations.
US Action Camera And Accessories Market is poised to grow at a sustainable CAGR for the next forecast year.
Our industry expert will work with you to provide you with customized data in a short amount of time.
REQUEST FREE CUSTOMIZATIONAction Camera And Accessories Market size was valued at USD 2951 million in 2019 and is poised to grow from USD 3287.12 million in 2023 to USD 7631 million by 2031, growing at a CAGR of 11.3% in the forecast period (2024-2031).
Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Report ID: SQSG25E2021