Growing demand for virtual reality (VR) and augmented reality (AR) applications is one important reason propelling the growth of the 360-degree panoramic camera market. Virtual reality and augmented reality have acquired popularity in a number of fields, including training, education, gaming, and entertainment. 360-degree panoramic cameras are a useful tool for capturing and delivering high-quality, immersive content, which is necessary for these immersive technologies. Capturing and creating immersive content is becoming increasingly important as the demand for VR and AR experiences rises. This propels the market for 360-degree panoramic cameras since they offer a useful and effective way to produce immersive visual experiences for virtual reality and augmented reality.
The lack of customer awareness and familiarity with the technology is one factor impeding the growth of the 360 degree panoramic camera industry. Although the use of augmented reality (AR) and virtual reality (VR) is growing, many consumers are still not familiar with or knowledgeable about 360-degree panoramic cameras. Some people may take longer to adopt immersive material since they are not accustomed to the idea of recording and viewing it from all perspectives. Furthermore, prospective buyers could believe that these cameras are difficult to operate or require specialised knowledge. Manufacturers and other industry participants must fund marketing campaigns, educational programmes, and user-friendly interfaces to help break through this barrier and make technology more approachable and intelligible to a larger audience.
Research Methodology:
After secondary research provided a fundamental understanding of the worldwide 360-Degree Camera Market scenario, extensive primary research was carried out. A number of primary interviews were carried out with industry experts from the supply and demand sides, including C- and D-level executives, product managers, and marketing and sales managers of major manufacturers, distributors, and channel partners from tier 1 and tier 2 companies offering 360-Degree Camera Market details, as well as personnel from academia, research, and CROs. These interviews were conducted across five major regions: North America, Europe, Asia Pacific, and the Rest of the World (Latin America & the Middle East & Africa). Participants from the supply-side and demand-side participated in about 70% and 30% of the primary interviews, respectively. Through the use of questionnaires, emails, online surveys, in-person interviews, and phone interviews, this main data was gathered. The primary participants share is given below:
360-Degree Camera Market based on Connectivity Type:
360-Degree Camera Market based on Resolution:
360-Degree Camera Market based on Camera Type:
360-Degree Camera Market based on Vertical:
- Media & Entertainment
- Consumer
- Military & Defense
- Travel & Tourism
- Automotive
- Commercial
- Healthcare
- Others
360-Degree Camera Market based on Geography:
- North America
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Rest of Europe (RoE)
- Asia Pacific (APAC)
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia Pacific (RoAPAC)
- Latin America (LATAM)
- Brazil
- Argentina
- Rest of South America
- Middle East and Africa (MEA)
- UAE
- Turkey
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
The Wired and Wireless segments of the 360 degree camera market are based on connectivity. In 2020, the Wired market category accounted for 24.80% of the total market. When there are restrictions on movement, the 360 degree wired cameras are ideal. These cameras are put in retail, residential, and commercial spaces for the most part. The increased convenience that these devices offer is driving up demand for wireless 360-degree cameras. Wireless cameras that can capture 360 degrees can be used to record live sports events and scenic views. When mobility and flexibility are needed, wired cameras are inferior to 360-degree wireless cameras.
The 360 Degree Camera Market is divided into several segments based on the application, including Media & Entertainment, Digital Photography, Travel & Tourism, Automotive, Healthcare, and Others. In 2020, the Media & Entertainment sector accounted for 31.87% of the market, the highest share. The global expansion of this market is mostly being driven by the increasing use of 360-degree cameras for filmmaking. Unprecedented 360-degree views are possible thanks to several camera setups and 360-degree camera rigs. These rigs are quite robust in a range of shooting conditions and rather simple to use.
In 2021, the North American region accounted for 36.51% of the global market share. The main factors propelling market expansion in North America are consumers’ willingness to accept technologically sophisticated items and the abundance of players making standalone cameras and rigs. The region’s growth is also being fueled by the rising number of virtual reality games and the rising adoption of VR headsets in the US and other countries in the region. Moreover, the rapid adoption of new technologies and ongoing technological advancements in the consumer electronics industry are anticipated to fuel the North American 360-degree camera market’s expansion over the course of the projected year.
Over the course of the projected period, the Asia Pacific area is anticipated to have considerable growth at a CAGR of 24.80%. Rising income parity in developing countries like China, India, and Japan, as well as a rise in the use of AR and VR technologies and a rise in the need for 360-degree cameras in the entertainment industry, are all predicted to contribute to the expansion of the Asia Pacific area. However, during the course of the projection period, the region’s growth is anticipated to be aided by the growing use of smart devices, rising economic growth, rising consumer spending, and shifting end-user buying patterns.
The report’s goal is to provide industry stakeholders with a thorough study of the global 360-degree camera market. The research presents the industry’s historical and present state along with projected market size and trends, analysing complex data in an easy-to-read manner. The report analyses important companies, including market leaders, followers, and new entries, in detail and covers all areas of the industry.
- This report illustrates the most vital attributes of the 360-Degree Camera Market, which are driving and providing opportunities.
- This research gives an in-depth analysis of the 360-Degree Camera Market growth on the basis of several segments in the market.
- This report presents the predictions of the past and present trends of the 360-Degree Camera Market.
- This study also presents the competitive analysis, such as key strategies and capabilities of major players of the 360-Degree Camera Market.
List of Tables
TABLE 1. 360-DEGREE CAMERA MARKET VALUE, BY CONNECTIVITY TYPE, 2021-2030 (USD BILLION)
TABLE 2. 360-DEGREE CAMERA MARKET VALUE FOR WIRED, BY GEOGRAPHY, 2021-2030 (USD BILLION)
TABLE 3. 360-DEGREE CAMERA MARKET VALUE FOR WIRELESS, BY GEOGRAPHY, 2021-2030 (USD BILLION)
TABLE 4. 360-DEGREE CAMERA MARKET VALUE, BY RESOLUTION, 2021-2030 (USD BILLION)
TABLE 5. 360-DEGREE CAMERA MARKET VALUE FOR HD, BY GEOGRAPHY, 2021-2030 (USD BILLION)
TABLE 6. 360-DEGREE CAMERA MARKET VALUE FOR UHD, BY GEOGRAPHY, 2021-2030 (USD BILLION)
TABLE 7. 360-DEGREE CAMERA MARKET VALUE, BY CAMERA TYPE, 2021-2030 (USD BILLION)
TABLE 8. 360-DEGREE CAMERA MARKET VALUE FOR SINGLE, 2021-2030 (USD BILLION)
TABLE 9. 360-DEGREE CAMERA MARKET VALUE FOR PROFESSIONAL, BY GEOGRAPHY, 2021-2030 (USD BILLION)
TABLE 10. 360-DEGREE CAMERA MARKET VALUE, BY VERTICAL, 2021-2030 (USD BILLION)
TABLE 11. 360-DEGREE CAMERA MARKET VALUE FOR MEDIA & ENTERTAINMENT, 2021-2030 (USD BILLION)
TABLE 12. 360-DEGREE CAMERA MARKET VALUE FOR CONSUMER, 2021-2030 (USD BILLION)
TABLE 13. 360-DEGREE CAMERA MARKET VALUE FOR MILITARY & DEFENSE, 2021-2030 (USD BILLION)
TABLE 14. 360-DEGREE CAMERA MARKET VALUE FOR TRAVEL & TOURISM, BY GEOGRAPHY, 2021-2030 (USD BILLION)
TABLE 15. 360-DEGREE CAMERA MARKET VALUE FOR Automotive, BY GEOGRAPHY, 2021-2030 (USD BILLION)
TABLE 16. 360-DEGREE CAMERA MARKET VALUE FOR Commercial, BY GEOGRAPHY, 2021-2030 (USD BILLION)
TABLE 17. 360-DEGREE CAMERA MARKET VALUE FOR Healthcare, BY GEOGRAPHY, 2021-2030 (USD BILLION)
TABLE 18. 360-DEGREE CAMERA MARKET VALUE FOR Others, BY GEOGRAPHY, 2021-2030 (USD BILLION)
TABLE 19. NORTH AMERICA 360-DEGREE CAMERA MARKET VALUE, BY COUNTRY, 2021-2030 (USD BILLION)
TABLE 20. NORTH AMERICA 360-DEGREE CAMERA MARKET VALUE, BY CONNECTIVITY TYPE, 2021-2030 (USD BILLION)
TABLE 21. NORTH AMERICA 360-DEGREE CAMERA MARKET VALUE, BY RESOLUTION, 2021-2030 (USD BILLION)
TABLE 22. NORTH AMERICA 360-DEGREE CAMERA MARKET VALUE, BY CAMERA TYPE, 2021-2030 (USD BILLION)
TABLE 23. U.S 360-DEGREE CAMERA MARKET VALUE, BY CONNECTIVITY TYPE, 2021-2030 (USD BILLION)
TABLE 24. U.S 360-DEGREE CAMERA MARKET VALUE, BY RESOLUTION, 2021-2030 (USD BILLION)
TABLE 25. U.S 360-DEGREE CAMERA MARKET VALUE, BY CAMERA TYPE, 2021-2030 (USD BILLION)
TABLE 26. U.S 360-DEGREE CAMERA MARKET VALUE, BY DISEASE INDICATION, 2021-2030 (USD BILLION)
TABLE 27. CANADA 360-DEGREE CAMERA MARKET VALUE, BY CONNECTIVITY TYPE, 2021-2030 (USD BILLION)
TABLE 28. CANADA 360-DEGREE CAMERA MARKET VALUE, BY RESOLUTION, 2021-2030 (USD BILLION)
TABLE 29. CANADA 360-DEGREE CAMERA MARKET VALUE, BY CAMERA TYPE, 2021-2030 (USD BILLION)
TABLE 30. MEXICO 360-DEGREE CAMERA MARKET VALUE, BY CONNECTIVITY TYPE, 2021-2030 (USD BILLION)
TABLE 31. MEXICO 360-DEGREE CAMERA MARKET VALUE, BY RESOLUTION, 2021-2030 (USD BILLION)
TABLE 32. MEXICO 360-DEGREE CAMERA MARKET VALUE, BY CAMERA TYPE, 2021-2030 (USD BILLION)
TABLE 33. EUROPE 360-DEGREE CAMERA MARKET VALUE, BY COUNTRY, 2021-2030 (USD BILLION)
TABLE 34. EUROPE 360-DEGREE CAMERA MARKET VALUE, BY CONNECTIVITY TYPE, 2021-2030 (USD BILLION)
TABLE 35. EUROPE 360-DEGREE CAMERA MARKET VALUE, BY RESOLUTION, 2021-2030 (USD BILLION)
TABLE 36. EUROPE 360-DEGREE CAMERA MARKET VALUE, END USE INDUSTRIES, 2021-2030 (USD BILLION)
TABLE 37. GERMANY 360-DEGREE CAMERA MARKET VALUE, BY CONNECTIVITY TYPE, 2021-2030 (USD BILLION)
TABLE 38. GERMANY 360-DEGREE CAMERA MARKET VALUE, BY RESOLUTION, 2021-2030 (USD BILLION)
TABLE 39. GERMANY 360-DEGREE CAMERA MARKET VALUE, BY CAMERA TYPE, 2021-2030 (USD BILLION)
TABLE 40. U.K 360-DEGREE CAMERA MARKET VALUE, BY CONNECTIVITY TYPE, 2021-2030 (USD BILLION)
TABLE 41. U.K 360-DEGREE CAMERA MARKET VALUE, BY RESOLUTION, 2021-2030 (USD BILLION)
TABLE 42. U.K 360-DEGREE CAMERA MARKET VALUE, BY CAMERA TYPE, 2021-2030 (USD BILLION)
TABLE 43. FRANCE 360-DEGREE CAMERA MARKET VALUE, BY CONNECTIVITY TYPE, 2021-2030 (USD BILLION)
TABLE 44. FRANCE 360-DEGREE CAMERA MARKET VALUE, BY RESOLUTION, 2021-2030 (USD BILLION)
TABLE 45. FRANCE 360-DEGREE CAMERA MARKET VALUE, BY CAMERA TYPE, 2021-2030 (USD BILLION)
TABLE 46. ITALY 360-DEGREE CAMERA MARKET VALUE, BY CONNECTIVITY TYPE, 2021-2030 (USD BILLION)
TABLE 47. ITALY 360-DEGREE CAMERA MARKET VALUE, BY RESOLUTION, 2021-2030 (USD BILLION)
TABLE 48. ITALY 360-DEGREE CAMERA MARKET VALUE, BY CAMERA TYPE, 2021-2030 (USD BILLION)
TABLE 49. SPAIN 360-DEGREE CAMERA MARKET VALUE, BY CONNECTIVITY TYPE, 2021-2030 (USD BILLION)
TABLE 50. SPAIN 360-DEGREE CAMERA MARKET VALUE, BY RESOLUTION, 2021-2030 (USD BILLION)
TABLE 51. SPAIN 360-DEGREE CAMERA MARKET VALUE, BY CAMERA TYPE, 2021-2030 (USD BILLION)
TABLE 52. ROE 360-DEGREE CAMERA MARKET VALUE, BY CONNECTIVITY TYPE, 2021-2030 (USD BILLION)
TABLE 53. ROE 360-DEGREE CAMERA MARKET VALUE, BY RESOLUTION, 2021-2030 (USD BILLION)
TABLE 54. ROE 360-DEGREE CAMERA MARKET VALUE, BY CAMERA TYPE, 2021-2030 (USD BILLION)
TABLE 55. ASIA PACIFIC 360-DEGREE CAMERA MARKET VALUE, BY COUNTRY, 2021-2030 (USD BILLION)
TABLE 56. ASIA PACIFIC 360-DEGREE CAMERA MARKET VALUE, BY CONNECTIVITY TYPE, 2021-2030 (USD BILLION)
TABLE 57. ASIA PACIFIC 360-DEGREE CAMERA MARKET VALUE, BY RESOLUTION, 2021-2030 (USD BILLION)
TABLE 58. ASIA PACIFIC 360-DEGREE CAMERA MARKET VALUE, BY CAMERA TYPE, 2021-2030 (USD BILLION)
TABLE 59. CHINA 360-DEGREE CAMERA MARKET VALUE, BY CONNECTIVITY TYPE, 2021-2030 (USD BILLION)
TABLE 60. CHINA 360-DEGREE CAMERA MARKET VALUE, BY RESOLUTION, 2021-2030 (USD BILLION)
TABLE 61. CHINA 360-DEGREE CAMERA MARKET VALUE, BY CAMERA TYPE, 2021-2030 (USD BILLION)
TABLE 62. INDIA 360-DEGREE CAMERA MARKET VALUE, BY CONNECTIVITY TYPE, 2021-2030 (USD BILLION)
TABLE 63. INDIA 360-DEGREE CAMERA MARKET VALUE, BY RESOLUTION, 2021-2030 (USD BILLION)
TABLE 64. INDIA 360-DEGREE CAMERA MARKET VALUE, BY CAMERA TYPE, 2021-2030 (USD BILLION)
TABLE 65. JAPAN 360-DEGREE CAMERA MARKET VALUE, BY CONNECTIVITY TYPE, 2021-2030 (USD BILLION)
TABLE 66. JAPAN 360-DEGREE CAMERA MARKET VALUE, BY RESOLUTION, 2021-2030 (USD BILLION)
TABLE 67. JAPAN 360-DEGREE CAMERA MARKET VALUE, BY CAMERA TYPE, 2021-2030 (USD BILLION)
TABLE 68. REST OF APAC 360-DEGREE CAMERA MARKET VALUE, BY CONNECTIVITY TYPE, 2021-2030 (USD BILLION)
TABLE 69. REST OF APAC 360-DEGREE CAMERA MARKET VALUE, BY RESOLUTION, 2021-2030 (USD BILLION)
TABLE 70. REST OF APAC 360-DEGREE CAMERA MARKET VALUE, BY CAMERA TYPE, 2021-2030 (USD BILLION)
TABLE 71. LATIN AMERICA 360-DEGREE CAMERA MARKET VALUE, BY CONNECTIVITY TYPE, 2021-2030 (USD BILLION)
TABLE 72. LATIN AMERICA 360-DEGREE CAMERA MARKET VALUE, BY RESOLUTION, 2021-2030 (USD BILLION)
TABLE 73. LATIN AMERICA 360-DEGREE CAMERA MARKET VALUE, BY CAMERA TYPE, 2021-2030 (USD BILLION)
TABLE 74. BRAZIL 360-DEGREE CAMERA MARKET VALUE, BY CONNECTIVITY TYPE, 2021-2030 (USD BILLION)
TABLE 75. BRAZIL 360-DEGREE CAMERA MARKET VALUE, BY RESOLUTION, 2021-2030 (USD BILLION)
TABLE 76. BRAZIL 360-DEGREE CAMERA MARKET VALUE, BY CAMERA TYPE, 2021-2030 (USD BILLION)
TABLE 77. ARGENTINA 360-DEGREE CAMERA MARKET VALUE, BY CONNECTIVITY TYPE, 2021-2030 (USD BILLION)
TABLE 78. ARGENTINA 360-DEGREE CAMERA MARKET VALUE, BY RESOLUTION, 2021-2030 (USD BILLION)
TABLE 79. ARGENTINA 360-DEGREE CAMERA MARKET VALUE, BY CAMERA TYPE, 2021-2030 (USD BILLION)
TABLE 80. MIDDLE EAST AND AFRICA 360-DEGREE CAMERA MARKET VALUE, BY CONNECTIVITY TYPE, 2021-2030 (USD BILLION)
TABLE 81. MIDDLE EAST AND AFRICA 360-DEGREE CAMERA MARKET VALUE, BY RESOLUTION, 2021-2030 (USD BILLION)
TABLE 82. MIDDLE EAST AND AFRICA 360-DEGREE CAMERA MARKET VALUE, BY CAMERA TYPE, 2021-2030 (USD BILLION)
TABLE 83. SAUDI ARABIA 360-DEGREE CAMERA MARKET VALUE, BY CONNECTIVITY TYPE, 2021-2030 (USD BILLION)
TABLE 84. SAUDI ARABIA 360-DEGREE CAMERA MARKET VALUE, BY RESOLUTION, 2021-2030 (USD BILLION)
TABLE 85. SAUDI ARABIA 360-DEGREE CAMERA MARKET VALUE, BY CAMERA TYPE, 2021-2030 (USD BILLION)
TABLE 86. UAE 360-DEGREE CAMERA MARKET VALUE, BY CONNECTIVITY TYPE, 2021-2030 (USD BILLION)
TABLE 87. UAE 360-DEGREE CAMERA MARKET VALUE, BY RESOLUTION, 2021-2030 (USD BILLION)
TABLE 88. UAE 360-DEGREE CAMERA MARKET VALUE, BY CAMERA TYPE, 2021-2030 (USD BILLION)
TABLE 89. REST OF MIDDLE EAST AND AFRICA 360-DEGREE CAMERA MARKET VALUE, BY CONNECTIVITY TYPE, 2021-2030 (USD BILLION)
TABLE 90. REST OF MIDDLE EAST AND AFRICA 360-DEGREE CAMERA MARKET VALUE, BY RESOLUTION, 2021-2030 (USD BILLION)
TABLE 91. REST OF MIDDLE EAST AND AFRICA 360-DEGREE CAMERA MARKET VALUE, BY CAMERA TYPE, 2021-2030 (USD BILLION)
TABLE 92. SAMSUNG ELECTRONICS (SOUTH KOREA): FINANCIALS
TABLE 93. SAMSUNG ELECTRONICS (SOUTH KOREA): PRODUCTS & SERVICES
TABLE 94. SAMSUNG ELECTRONICS (SOUTH KOREA): RECENT DEVELOPMENTS
TABLE 95. RICOH (JAPAN): FINANCIALS
TABLE 96. RICOH (JAPAN): PRODUCTS & SERVICES
TABLE 97. RICOH (JAPAN): RECENT DEVELOPMENTS
TABLE 98. GOPRO (US): FINANCIALS
TABLE 99. GOPRO (US): PRODUCTS & SERVICES
TABLE 100. GOPRO (US): RECENT DEVELOPMENTS
TABLE 101. INSTA360 (CHINA): FINANCIALS
TABLE 102. INSTA360 (CHINA): PRODUCTS & SERVICES
TABLE 103. INSTA360 (CHINA): RECENT DEVELOPMENTS
TABLE 104. 360FLY (US): FINANCIALS
TABLE 105. 360FLY (US): PRODUCTS & SERVICES
TABLE 106. 360FLY (US): RECENT DEVELOPMENTS
TABLE 107. LG ELECTRONICS (SOUTH KOREA): FINANCIALS
TABLE 108. LG ELECTRONICS (SOUTH KOREA): PRODUCTS & SERVICES
TABLE 109. LG ELECTRONICS (SOUTH KOREA): RECENT DEVELOPMENTS
TABLE 110. NIKON (JAPAN): FINANCIALS
TABLE 111. NIKON (JAPAN): PRODUCTS & SERVICES
TABLE 112. NIKON (JAPAN): DEVELOPMENTS
TABLE 113. KODAK (US): FINANCIALS
TABLE 114. KODAK (US): PRODUCTS & SERVICES
TABLE 115. KODAK (US): RECENT DEVELOPMENTS
TABLE 116. RYLO (US): FINANCIALS
TABLE 117. RYLO (US): PRODUCTS & SERVICES
TABLE 118. RYLO (US): RECENT DEVELOPMENTS
TABLE 119. BUBL (CANADA): FINANCIALS
TABLE 120. BUBL (CANADA): PRODUCTS & SERVICES
TABLE 121. BUBL (CANADA): RECENT DEVELOPMENTS
