Action Camera Market 2020-2024 | The Growing Popularity Of Social Networking Sites to Boost Growth | Technavio
Technavio has been monitoring the action camera market and it is poised to grow by $3.43 bn during 2020-2024. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global Action Camera Market 2020-2024 (Graphic: Business Wire)
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The market is fragmented, and the degree of fragmentation will decelerate during the forecast period. Casio (News - Alert) Computer Co. Ltd., Eastman Kodak Co., Garmin International Inc., GoPro Inc., JVCKENWOOD Corp., Panasonic Corp., PLR IP Holdings LLC, Sony Corp., TomTom (News - Alert) NV, and Xiaomi Corp. are some of the major market participants. Although the growing popularity of social networking sites will offer immense growth opportunities, increasing penetration of smartphones will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The growing popularity of social networking sites has been instrumental in driving the growth of the market. However, increasing penetration of smartphones might hamper market growth.
Action Camera Market 2020-2024 : Segmentation
Action Camera Market is segmented as below:
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Action Camera Market 2020-2024 : Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our action camera market report covers the following areas:
This study identifies the increasing implementation of product bundling strategy as one of the prime reasons driving the action camera market growth during the next few years.
Action Camera Market 2020-2024 : Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the action camera market, including some of the vendors such as Casio Computer Co. Ltd., Eastman Kodak (News - Alert) Co., Garmin International Inc., GoPro Inc., JVCKENWOOD Corp., Panasonic Corp., PLR IP Holdings LLC, Sony Corp., TomTom NV, and Xiaomi Corp. Backed with competitive intelligence and benchmarking, our research reports on the action camera market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Action Camera Market 2020-2024 : Key Highlights
Table Of Contents :
Five Forces Analysis
Market Segmentation by Technology
Market Segmentation by End-user
Market Segmentation by Distribution Channel
Drivers, Challenges, and Trends
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