DUBLIN--(BUSINESS WIRE)--The "360-Degree Camera Market: Global Demand Analysis & Opportunity Outlook 2024" report has been added to ResearchAndMarkets.com's offering.
Global 360-degree camera market is expected to flourish at a compound annual growth rate (CAGR) of 34.4% over the forecast period i.e. 2017-2024. Rising popularity of virtual reality games and increasing demand for virtual reality headset are key factors which are expected to foster the growth of global 360-degree camera during the forecast period.
Additionally, 360-degree cameras are very helpful tool to record videos for virtual reality headset device. Further, these cameras are highly used in virtual reality gaming also. Thus, rising penetration of 360-degree camera in virtual reality world is likely to drive the growth of global 360-degree camera market in near future.
In terms of share, North America region stood with highest share of global 360-degree camera in 2016. The growth of North America region can be attributed to various factors such as rising reputation of virtual reality games and presence of some of the major players of virtual reality gaming world such as Sony and Microsoft in this region.
Apart from this, Asia-Pacific is expected to be the fastest growing region for 360-degree camera market during the forecast period owing to the high adoption of virtual reality technologies in Japan and China. Europe region is anticipated to witness a remarkable growth during the forecast period due to rising sale of gaming console in this region.
- LG Electronics
- Immersive Media Company
- Media & Entertainment
By End User
By Distribution Channels
- Online Stores
- Single-Brand Store
- Multi-Brand Store
Key Topics Covered
1. Executive Summary
2. Research Methodology
3. Risk Analysis
4. Top Countries with Highest Demand for 360-degree Camera Market - By Region
5. Global 360-Degree Camera Market Size (USD Million) and Forecast, 2016-2024
6. Market Dynamics & Its Impact Analysis
7. Global 360-Degree Camera Market Segmentation Analysis
8. Porter's Five Force Model Analysis
9. Competitive Landscape
For more information about this report visit https://www.researchandmarkets.com/research/5q2qh6/global_360degree?w=4