The Action Camera Market size is estimated at USD 4.41 billion in 2024, and is expected to reach USD 9.18 billion by 2029, growing at a CAGR of 15.80% during the forecast period (2024-2029). The market for action cameras is expected to witness substantial growth due to the various benefits compared with either standard point-and-shoot or DSLR. The global action camera market size was approximately USD 5.02 billion in 2023. The market is assessed to grow at a CAGR of 12.2% between 2024 and 2032, reaching a value of USD 14.12 billion by 2032. Key Trends in the Market An action camera or action-cam is a small digital camera especially designed for filming immersive action shots.
Global Action Camera Market to Grow at a CAGR of Almost 15 Through 2021 Forecasts by Technavio
Action Camera Market: Global Market Industry Analysis and Forecast (2023-2029) Summary ToC Request Sample Inquire Action Camera Market size was valued at US$ 2.85 Bn. in 2022 and the total revenue is expected to grow at CAGR 9.13% through 2023 to 2029, reaching nearly US$ 5.26 Bn. Action Camera Market Overview: The global action camera market is forecast to be worth 7.63 billion U.S. dollars by 2030, growing at a CAGR of 11.3 percent between 2022 and 2028. The American company GoPro is the leader in the. The action camera market size was valued at $2.1 billion in 2019, and is projected to reach $3.2billion by 2027, growing at a CAGR of 8.6% from 2021 to 2027. An action camera comprises a wide angled lens to capture desired wide and best possible view as clear as 4k resolution quality and hence provides high quality videos. The global action camera market size is expected to reach USD 4,372.7 Million in 2028, and register a revenue CAGR of 8.3% during the forecast period.
Action Camera Market Size, Share, Trends, Growth 20222030
The global action camera market size was estimated at USD 3.3 billion in 2018 and is expected to register a revenue-based CAGR of 16.7% over the forecast period. Extreme sports events, holidays, seasonal cycles, and music festivals are the key factors driving the demand for action camera across the globe. In addition, rising popularity of. The global action camera market size accounted for USD 2.37 billion in 2021 and it is projected to surpass around USD 5.15 billion by 2030, registering a CAGR of 9.1% during the forecast period from 2022 to 2030. Key Takeaways: North America has held highest revenue share in 2021. The Action Camera market industry is projected to grow from USD 4.2 billion in 2022 to USD 13.8 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 16.3% during the forecast period (2022 - 2030). Extreme sporting events, holidays, seasonal cycles, and music festivals are the primary drivers fueling the global demand for action. The global action camera market grew from $3.23 billion in 2022 to $3.68 billion in 2023 at a compound annual growth rate (CAGR) of 13.6%. The Russia - Ukraine war disrupted the chances of.
Global Action Camera Market Overview And Prospects Includes Action Camera Market Share
Action Camera Market size valued at over USD 3.5 billion in 2019 and is expected to grow at a CAGR of more than 14% from 2020 to 2026. The global industry shipments are poised to cross 5 million units by 2026. The market growth is attributed to the expanding travel & tourism industry globally. To understand key trends. Download Free Sample. The Global Action Camera Market size is estimated to grow at a CAGR of 16.47% between 2023 and 2027. The market size is forecast to increase by USD 3,659.29 million. To know more about the market research report, Request Free Sample in PDF What are the segments of the Action Camera Market?
The global action camera market is expected to grow from $2.88 billion in 2021 to $3.23 billion in 2022 at a compound annual growth rate (CAGR) of 12.39%. The action camera market is. The global demand for Action Camera Market is presumed to reach the market size of nearly USD 5.99 MN by 2028 from USD 3.93 MN in 2021 with a CAGR of 6.2% under the study period 2022 - 2028. An action camera is a compact, rugged, waterproof, handheld, or mountable digital camera built for taking immersive motion shots.
Global Action Camera Market Industry Analysis and Forecast
Action Camera Market size was valued at USD 3.63 Billion in 2021 and is projected to reach USD 13.84 Billion by 2030, growing at a CAGR of 16.0% from 2023 to 2030. Global Action Camera Market size was valued at USD 2951 million in 2021 and is poised to grow from USD 3284.46 million in 2022 to USD 8608.37 million by 2030, growing at a CAGR of 11.3% in the forecast period (2023-2030). Action cameras are small and light, comfortable to wear, portable, and mountable for recording action videos.
