DUBLIN--(BUSINESS WIRE)--The "360-Degree Camera Market by Connectivity Type (Wired and Wireless), Resolution (HD and UHD), Vertical (Media & Entertainment, Consumer, Military & Defense, Travel & Tourism, Automotive, Commercial, Healthcare) & Geography - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The 360-degree camera market is expected to reach USD 1,569.2 million by 2023 from USD 473.6 million by 2018, at a CAGR of 27.1% between 2018 and 2023.
Increasing popularity of AR and VR content, and growing awareness about the need for safety and security at public places are the major driving factors for the growth of the 360-degree camera market. On the other hand, the need for large bandwidth to stream high-quality 360-degree videos restrains the growth of this market.
The market for professional 360-degree cameras is expected to grow at the highest CAGR between 2018 and 2023. These cameras have an ability to shoot constantly, with live, high-quality video coverage at high frame rates. The 360-degree camera rigs are expected to exhibit good growth, considering the expected demand for these cameras in many intelligent solutions, such as automotive products, robotics, drones, and VR.
The consumer sector held the largest size of the 360-degree camera market in 2017. In the consumer sector, these cameras are used in applications such as sports, photography, festival, and events. The growing concern among consumers regarding safety is leading to the increasing adoption of 360-degree cameras, which provide wide area coverage for security surveillance. The 360-degree cameras eliminate the necessity to install multiple traditional cameras to obtain wide coverage, which, in turn, helps reduce installation time and cost and increases situational awareness.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Components of 360-Degree Cameras
7 360-Degree Camera Market, By Connectivity Type
8 360-Degree Camera Market, By Resolution
9 360-Degree Camera Market, By Camera Type
10 360-Degree Camera Market, By Vertical
11 Geographic Analysis of 360-Degree Camera Market
12 Competitive Landscape
13 Company Profiles
- Samsung Electronics
- LG Electronics
- Bubl Technology
- Digital Domain Productions Inc.
- Yi Technology
- Panono (Professional 360GmbH)
- Aitbot (Shenzhen Hatoa Technology Co., Ltd.)
- Humaneyes Technologies
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