360 Degree Camera Market Size Expected to Grow by USD 1.68 Billion, Alphabet Inc. and Fujitsu Ltd. among the main suppliers

NEW YORK, July 27, 2022 /PRNewswire/ — A 360 degree camera is capable of capturing a 360 degree field of view. It is also called an omnidirectional camera, with a field of view that covers the entire sphere. A 360 degree camera offers a more immersive way to view locations than any other form of media. Content from these cameras can be viewed without using a VR headset.

Technavio has announced its latest market research report titled 360 Degree Camera Market by Application, End User and Geography – Forecast and Analysis 2021-2025

360 Degree Camera Market Size is Expected to Grow by $1.68 billion from 2020 to 2025. Moreover, the growth momentum of the market will accelerate at a CAGR of 27% during the forecast period.

Get a comprehensive summary of the report outlining the market size and forecast along with the research methodology. The sample report is available in PDF format

Market dynamics

The improve the demand for VR headsets is driving the growth of the 360 ​​degree camera market. The gaming market is the biggest adopter of VR content. Additionally, the traditional entertainment industry has been transformed by the development and emergence of serialized content. Content creators develop different types of VR content, ranging from art and culture to entertainment. Virtual reality provides a simulated environment through virtual reality hardware and software, which provides users with a virtual experience. The growth potential of 360 degree cameras is expected to be high over the forecast period as the demand for VR content increases.

Hardware and software limitations of 360 degree cameras challenge market growth. VR consoles need high processing speeds and large storage capacities to efficiently play 360-degree videos. However, building a hardware compatible software platform is a challenge for game developers. Latency can lead to 360 degree image distortions and can also cause motion sickness in users. Moreover, the success of virtual reality depends entirely on the quality of hardware and software.

Technavio provides the latest market drivers, challenges, and trends, which can help businesses stay ahead of their competition. See our sample PDF report

Company Profiles

360 Degree Camera Market report provides comprehensive information about major vendors including Alphabet Inc., Fujitsu Ltd., Huawei Investment and Holding Co. Ltd., Koninklijke Philips NV, LG Electronics Inc., Panasonic Corp., Ricoh Co.Ltd. , Samsung Electronics Co. Ltd., Shenzhen Arashi Vision Co. Ltd. and Sony Corp. The top offerings from some of these providers are listed below:

  • Alphabet Inc. – The company supports capturing and publishing 360° camera views using Street View.

  • Fujitsu Ltd. – The company offers support for 360 cameras for Facebook recording, YouTube live streaming at 2048 x 1024 30 fps video resolution and 2304 x 1152 still image resolution.

  • Huawei Investment and Holding Co.Ltd. – This is a portable 360 ​​degree camera that supports convenient social media sharing. With two 13MP cameras, it can take 5K pictures and 2K videos at 30fps.

  • Koninklijke Philips AG – The company offers a 360-degree camera for a true 360-degree Full HD panoramic view showing no blind spots, including indoor and outdoor surveillance.

  • LG Electronics Inc. – The LG 360 CAM can record full 13MP 360 degree photos and 360 degree videos in 2K. It also allows smartphones to be used as remote controls to see what is being recorded in real time.

Market segmentation

  • By end-user, the market is categorized into professional and non-professional. The professional segment will contribute the largest market share.

  • By application, the 360 ​​degree cameras market is categorized into cinema, events and others.

  • By geography, the market is categorized into North America, EuropeACPA, South Americaand MEA. North America will have the largest market share.

Discover the contribution of each segment summarized in concise infographics and detailed descriptions. View sample PDF report

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360 Degree Camera Market Scope

Report cover

Details

Page number

120

base year

2020

Forecast period

2021-2025

Growth momentum and CAGR

Accelerate at a CAGR of 27%

Market Growth 2021-2025

$1.68 billion

Market structure

Fragmented

Annual growth (%)

6:45 p.m.

Regional analysis

North America, Europe, APAC, South America and MEA

Successful market contribution

North America at 36%

Main consumer countries

United States, China, Japan, United Kingdom and France

Competitive landscape

Leading companies, competitive strategies, scope of consumer engagement

Profiled companies

Alphabet Inc., Fujitsu Ltd., Huawei Investment and Holding Co. Ltd., Koninklijke Philips NV, LG Electronics Inc., Panasonic Corp., Ricoh Co. Ltd., Samsung Electronics Co. Ltd., Shenzhen Arashi Vision Co. Ltd. , and Sony Corp.

Market dynamics

Parent market analysis, market growth drivers and barriers, analysis of fast growing and slow growing segments, impact of COVID-19 and future consumer dynamics, and analysis of market conditions for the forecast period.

Personalization area

If our report does not include the data you are looking for, you can contact our analysts and customize the segments.

Contents

Summary

Market landscape

  • Market ecosystem

  • Value chain analysis

Market sizing

Five forces analysis

Market segmentation by application

  • Market segments

  • Comparison by application

  • Cinema – Market size and forecast 2020-2025

  • Events – Market size and forecast 2020-2025

  • Others – Market size and forecast 2020-2025

  • Market Opportunity by Application

Market segmentation by end user

  • Market segments

  • Comparison by end user

  • Professional – Market size and forecast 2020-2025

  • Non-professionals – Market size and forecast 2020-2025

  • Market opportunity by end user

Customer landscape

Geographic landscape

  • Geographic segmentation

  • Geographic comparison

  • North America – Market size and forecast 2020-2025

  • Europe – Market size and forecast 2020-2025

  • APAC – Market size and forecast 2020-2025

  • South America – Market size and forecast 2020-2025

  • MEA – Market size and forecast 2020-2025

  • Main leading countries

  • Market Opportunity by Geography

  • Market factors

  • Market challenges

  • Market trends

Supplier Landscape

  • Supplier Landscape

  • Landscape disturbance

  • Competitive scenario

Vendor analysis

  • Suppliers Covered

  • Positioning on the supplier market

  • Alphabet Inc.

  • Fujitsu Ltd.

  • Huawei Investment and Holding Co.Ltd.

  • Koninklijke Philips NV

  • LG Electronics Inc.

  • Panasonic Corp.

  • Ricoh Co.Ltd.

  • Samsung Electronics Co.Ltd.

  • Shenzhen Arashi Vision Co.Ltd.

  • Sony Corp.

Annex

About Us

Technavio is a global leader in technology research and consulting. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s reporting library consists of over 17,000 reports and counts, spanning 800 technologies, spanning 50 countries. Their customer base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research, and actionable market intelligence to identify opportunities in existing markets and potentials and assess their competitive positions in changing market scenarios.

Contact

Technavio Research
Jesse Maida
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UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

Technavio (PRNewsfoto/Technavio)

Technavio (PRNewsfoto/Technavio)

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