Pune, India -- (SBWire) -- 08/29/2018 --Market Highlights

Global Panoramic Camera Market is poised to reach at market size of USD ~36 billion by end of year 2022 at 31% of CAGR during forecast period 2016-2022. The growth in the panoramic camera market is driven by the rise in number of smart homes, high investments in infrastructure and increasing technology advancement in the field of safety solutions. The factors hindering the growth of the Panoramic Camera Market include lack of software support services and high price of camera as compared to IP cameras.

Panoramic camera can be divided into single sensor camera and multi sensor camera. Single sensor camera is uses only one image sensor and they are suited for schools, offices and others whereas multi sensor image enables a higher pixel density which is suited for stadiums, parking lots and others. Also, the virtual Reality and 360? video enthusiast which is a part of panoramic camera has grown over the last few years. Large tech companies have been investing time and millions of dollars into virtual reality development. Now with the distribution of virtual reality headsets and emergence of platforms for sharing and distributing the content is expected to grow the demand of panoramic camera over the forecast period.

This study provides an overview of the global panoramic market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size and share for North America, Europe, Asia Pacific, and Rest of the World. The report also provides a forecast, focusing on the market opportunities for the next five years for each region.

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Industry/Innovation/Related News:

May 09, 2018 – Karbonn Mobiles (India), a leading mobile device company launched its new smartphone–camera-centric budget model. The device features an 8MP+8MP dual front Twinfie camera setup and an 8MP rear camera with LED flash and several shooting modes, including Panoramic view and Time-lapse.

May 08, 2018 – Intel Sports (US) a technology giant and Altia Systems, Inc. (US) a leading global provider of Camera technology announced their partnership to broadcast live sports in 3D VR, during the launching event of Altia's PanaCast Live, a portable video camera system that allows for 4K-resolution 180-degree 3D (live broadcasting) of sporting events with the help of Intel's True VR platform.

May 10, 2018 – VIVOTEK Inc. (Taiwan), a leading global provider of security surveillance solutions, IP cameras, and video servers, NVR, among others launched its new more efficient multi-sensor camera - The MS9390-HV. It's a 180-degree panoramic network camera. The new camera offers an 8MP sensor with H.265 Compression Technology and is capable of recording video at 30fps.

Key Players

The key players of global panoramic camera market report include Samsung electronics Ltd. (Korea), Ricoh Company Ltd. (Japan), Nikon Corporation (Japan), Canon Inc. (Japan), Roundshot (Switzerland), Panono GmbH (Spain), Panasonic Corporation (Japan) , D-Link Corporation(Taiwan), Sony Corporation (Japan) , Immer Vision, Inc. (Canada) and others.

Global Panoramic Camera Market - Segments

MRFR has segmented the analysis into four key dynamics; for the convenience of the report and enhanced understanding,

- By Types: Comprising Industrial Camera and Commercial Camera.
- By Applications : Traffic Monitoring, and Grid Layout, Aerial Scenery among
- By Technologies: Single-Sensor Camera and Multi Sensor Camera among others.
- By Regions: North America, Europe, APAC & RoW (Rest of the World).

Global Panoramic Camera Market - Regional Analysis

North America accounts for the largest market share in the global Panoramic Camera Market. The outstanding growth attributes to the presence of successful brands (camera manufacturers) in the region. Moreover, the growing demand for futuristic technology solutions coupled with the increasing crime in the region is expected to drive the market growth. Simultaneously, increasing demand for the cameras featuring the high image quality and low power consumption fuels the regional market growth. Continuing with the same trends, the market is expected to lead the global market in the future as well.

The Europe market for Panoramic Camera is expected to witness a remarkable growth owing to the vast contributions, especially from the well-defined markets of the UK and Germany. Additionally, rising government initiatives to provide security at public places, coupled with the increasing number of stadiums and university campuses in the region are demanding the high-security solutions, thereby, fostering the market growth for Panoramic Camera in the region.

The Asia Pacific market, on the other hand, is emerging as the fastest growing market for the Panoramic Cameras. Significant contributions from rapidly developing markets of India, China, and Japan, backed by the massive demand for video surveillance coupled with the growing government initiatives to take precautionary measures against terrorism, are expected to foster the growth of the regional market during the forecast period 2016-2022.

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Intended Audience

- Panoramic camera Manufacturers
- Panoramic camera Distributors
- Research firms
- Consultancy firms
- Software developers
- Vendors from various verticals such as Canon, Ricoh, Nikon, Samsung among others
- Semiconductor Manufacturers
- Stakeholders
- End-user sectors
- Investors

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