360 Degree Camera Market Size, Share, Growth, Trends Analysis Report and Forecast 2022 – 2031

Kenneth Research, in its repository of market research reports, has recently added a report on 360 Degree Camera Market that emphasizes the latest trends, key opportunities, drivers, and challenges associated with the growth of the market during the forecast period, i.e., 2022 – 2031. The 360 Degree Camera Market is anticipated to grow primarily on account of the growing trade of ICT goods and services worldwide. According to the statistics by the World Bank, the exports of ICT goods globally increased from 11.164% of total goods exports in 2017 to 11.53% of total goods exports in 2019.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for 360 Degree Camera Market products.

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The 360 Degree Camera Market  in North America is anticipated to grow significantly owing to the presence of several key players in the region, along with the increasing need of the organizations in the nation to run on a strong ICT infrastructure.

Global 360 Degree Camera Market Analysis
According to Verified Market Research, The Global 360 Degree Camera Market was valued at USD 332.1 Million in 2017 and is projected to reach USD 1941.32 Million by 2025, growing at a CAGR of 26.41% from 2018 to 2025.In terms of photography, a 360 Camera is a camera that has a visual field that is able to encompass a 360 degree field of view in the horizontal plane. It can also be said that a 360 visual camera has the ability to capture view in every direction. 360 degree cameras are extremely beneficial in situations in which a large visual field coverage is necessary. These 360 cameras are widely used in panoramic photography and has several applications such as media & entertainment, consumer, commercial, healthcare, military & defense, travel & tourism and automotive.In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and Restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.

The Final Report will cover the impact analysis of COVID-19 on this industry:

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There are increasing applications for the 360 degree camera market which are driving the market for the global 360 degree camera market. These increasing applications as well as the increasing advancement in technology are leading to the growth of the market. Factor such as the lack of awareness among the general public as well as the cost of the 360 degree camera are restraining the growth of the market.Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client. The “Global 360 Degree Camera Market” is mainly bifurcated into sub-segments which can provide a classified data regarding latest trends in the market.

Global 360 Degree Camera Market Competitive Landscape
The “Global 360 Degree Camera Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as LG Electronics, Nikon, Kodak, Samsung Electronics, Ricoh, Gopro, Rylo, Bubl Technology, Xiaomi, Insta360 and 360fly. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above mentioned players globally.

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Global 360 Degree Camera Market, By Component
Hardware
Image Sensor
Image Processor
Memory Device
Battery
Microdisplay
Others
• Software
Apps for 360 Videos and Photos
Global 360 Degree Camera Market, By Connectivity Type
• Wired
• Wireless
Global 360 Degree Camera Market, By Resolution
• High Definition (HD)
• Ultra-High Definition (UHD)
Global 360 Degree Camera Market, By Camera Type
• Single
• Professional
Global 360 Degree Camera Market, By Vertical
• Media & Entertainment
• Consumer
• Commercial
• Healthcare
• Military & Defense
• Travel & Tourism
• Automotive
• Others
Global 360 Degree Camera Market Geographic Scope
• North America
U.S.
Canada
Mexico
• Europe
Germany
UK
France
Rest of Europe
• Asia Pacific
China
Japan
India
Rest of Asia Pacific
• Latin America
Brazil
• Rest of the World

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Global 360 Degree Camera Market Analysis
According to Verified Market Research, The Global 360 Degree Camera Market was valued at USD 332.1 Million in 2017 and is projected to reach USD 1941.32 Million by 2025, growing at a CAGR of 26.41% from 2018 to 2025.In terms of photography, a 360 Camera is a camera that has a visual field that is able to encompass a 360 degree field of view in the horizontal plane. It can also be said that a 360 visual camera has the ability to capture view in every direction. 360 degree cameras are extremely beneficial in situations in which a large visual field coverage is necessary. These 360 cameras are widely used in panoramic photography and has several applications such as media & entertainment, consumer, commercial, healthcare, military & defense, travel & tourism and automotive.
Global 360 Degree Camera Market Outlook

In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and Restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.There are increasing applications for the 360 degree camera market which are driving the market for the global 360 degree camera market. These increasing applications as well as the increasing advancement in technology are leading to the growth of the market. Factor such as the lack of awareness among the general public as well as the cost of the 360 degree camera are restraining the growth of the market.

Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client. The “Global 360 Degree Camera Market” is mainly bifurcated into sub-segments which can provide a classified data regarding latest trends in the market.

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