360-Degree Camera

360-Degree Camera

Global 360-Degree Camera Market to Reach $2.4 Billion by 2027

Amid the COVID-19 crisis, the global market for 360-Degree Camera estimated at US$539.7 Million in the year 2020, is projected to reach a revised size of US$2.4 Billion by 2027, growing at aCAGR of 24.1% over the period 2020-2027. Wired, one of the segments analyzed in the report, is projected to record 18.3% CAGR and reach US$1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Wireless segment is readjusted to a revised 30.3% CAGR for the next 7-year period.

The U.S. Market is Estimated at $161 Million, While China is Forecast to Grow at 23.7% CAGR

The 360-Degree Camera market in the U.S. is estimated at US$161 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$432.6 Million by the year 2027 trailing a CAGR of 23.8% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 21.3% and 20.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 17% CAGR.

Select Competitors (Total 35 Featured) -

• 360fly, Inc.
• Aitbot (Shenzhen Hatoa Technology Co., Ltd.)
• Bubl Technology
• Digital Domain 3.0, Inc.
• Eastman Kodak Company
• Facebook, Inc.
• Freedom360 LLC
• GoPro, Inc.
• HumanEyes Technologies Ltd.
• ImmerVision Enables
• insta360.com
• Jaunt Inc.
• LG Electronics, Inc.
• Nikon Corporation
• Panasonic Corporation
• Professional360 GmbH
• Ricoh Co., Ltd.
• Rylo Inc.
• Samsung Electronics Co., Ltd.
• Sony Corporation
• Xiaomi, Inc.
• YI Technologies, Inc.

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