Transparency Market Research

Action Camera Market Research Report Analysis and Forecasts to 2024

Action Camera Market is driven by rising popularity and user-base of social networking sites

 

Albany, NY -- (SBWIRE) -- 01/03/2019 -- Action cameras refer to the specialized camera devices that are used to capture sports, adventures, or kinds of activities normally featuring high-paced actions. These cameras, unlike normal cameras, are simple, tough, and can be mounted on helmets, car dashboards, cycles, or can be worn on the body for capturing amazing real-life videos or images. The small size and excellent 'point of view' feature of action cameras has made them immensely popular among sports enthusiasts and casual users who wish to capture their adventures and share on social media platforms.

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Apart from being easy to operate and small, action cameras also come in handy when working in erratic conditions, extreme weathers, and underwater excursions owing to their waterproof nature and specialized design.

The report on the global action camera market gives an outline of the current state of the market, the major factors influencing the market's development. It provides an overview of the prospective growth that the market is expected to exhibit over the period between 2016 and 2024.

The report includes exhuastive qualitative and quantitative market data that has been gathered with the help of a variety of research methodologies and narrowed-down with industry-best analytical methods.

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Global Action Camera Market: Trends and Opportunities

The major factors driving the global action camera market include the rising popularity and user-base of social networking sites such as Twitter, Facebook, and Instagram, the trend of sharing photos and videos with followers and friends, and the increasing number of vendors in the market. Owing to the entry of a number of camera device manufacturers in the action camera arena, consumers can now choose from a number of options with features suiting their needs. The intense competition has also brought down prices to a certain extent, attracting consumers in cost-sensitive regions.

One of the most popular trends in the global market is the rising popularity of bundle packages – cameras sold with necessary accessories. Being cost-effective, such packages are a hit among consumers, and have indirectly boosted sales of accessories along with action cameras.