DUBLIN--(BUSINESS WIRE)--The "Selfie Stick Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering.
The global selfie stick market grew at a CAGR of around 20% during 2014-2019. Looking forward, the publisher expects the global selfie stick market to continue its strong growth during the next five years.
A selfie stick refers to equipment used by individuals for positioning a smartphone or a digital camera beyond the normal reach of their arm. It is either connected to the device via a jack plug or tethered using Bluetooth controls. This connection enables users to take pictures or record videos by clicking on the button located on the handle of the selfie stick. These devices are portable, lightweight, cost-efficient and help capture creative wider shots and provide stability to minimize motion blur.
The market has experienced growth over the past few years on account of inflating disposable incomes, boosting sales of consumer electronics, such as smartphones and digital cameras, and the introduction of innovation in selfie sticks. For instance, Thinkmodo, Inc., a US-based marketing firm, launched a selfie stick, with a built-in fan and beauty lights for enhancing the quality of the image and giving it a studio effect.
The market growth can also be accredited to the burgeoning travel and tourism sector. However, due to the sudden outbreak of the coronavirus disease (COVID19), governments of numerous countries have imposed complete lockdowns and restrictions on domestic and international travel. This has negatively influenced the growth of the travel and tourism sector, which in turn has impacted the demand for selfie sticks across the globe. The industry is nonetheless anticipated to experience revival once the global situation returns to normal.
The report has also analysed the competitive landscape of the market with some of the key players being Anker, Fromm Works, Fotopro, KobraTech, Kootek, Momax, Mpow, Satechi, Thinkmodo Inc., Xiaomi, etc.
Key Questions Answered in This Report:
- How has the global selfie stick market performed so far and how will it perform in the coming years?
- What are the key regional markets?
- What has been the impact of COVID-19 on the global selfie stick market?
- What is the breakup of the market based on the product type?
- What is the breakup of the market based on the application?
- What is the breakup of the market based on the distribution channel?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global selfie stick market and who are the key players?
- What is the degree of competition in the industry?
Key Topics Covered:
2 Scope and Methodology
3 Executive Summary
4.2 Key Industry Trends
5 Global Selfie Stick Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product Type
6.1 Remote-Triggered Selfie Stick
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Wired Selfie Stick
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Bluetooth Selfie Stick
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Application
7.1 Mobile Phone
7.1.1 Market Trends
7.1.2 Market Forecast
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Distribution Channel
8.1 Online Stores
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Offline Stores
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.2 Asia Pacific
9.4 Latin America
9.5 Middle East and Africa
10 SWOT Analysis
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
For more information about this report visit https://www.researchandmarkets.com/r/1o2n0c