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Global Action Camera Market 2015-2019 - Popularity of Social Networking Sites & Rise in Number of New EntrantsDUBLIN, Feb. 25, 2015 /PRNewswire/ --Research and Markets (http://www.researchandmarkets.com/research/psp2lg/global_action) has announced the addition of the "Global Action Camera Market 2015-2019" report to their offering. The analysts forecast the Global Action Camera market to grow at a CAGR of 22.2% over the period 2014-2019 Action cameras are used to capture extreme action sports or activities. These cameras can capture high-speed and high-quality images. Regular cameras are incapable of capturing high-speed actions and are not designed for rugged conditions, including extreme weather. By contrast, action cameras are compact, lightweight, designed for rugged conditions, and can be worn by the person or mounted on vehicles. An increase in the number of new vendors is one of the major trends in the market. The market is experiencing rapid growth and is attracting many new players. The entry of new players is expected to have a subsequent effect on the price, features, and quality of action cameras. This is expected to be beneficial for consumers, as action cameras with enhanced quality and features are expected to be available at low prices. Further, the report states that the popularity of smartphones is one of the major growth inhibitors. The declining prices of smartphones, coupled with enhanced features that offer better image and video quality, are the main factors responsible for the popularity of smartphones. Key Vendors
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For more information visit http://www.researchandmarkets.com/research/psp2lg/global_action Media Contact: Laura Wood , +353-1-481-1716, [email protected] To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/global-action-camera-market-2015-2019---popularity-of-social-networking-sites--rise-in-number-of-new-entrants-300041294.html SOURCE Research and Markets |