Global Professional Action Camera
Market Report
2024
the global Professional Action Camera market size is USD 2515.2 million in 2023 and will expand at a compound annual growth rate (CAGR) of 9.50% from 2023 to 2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global Professional Action Camera market size is USD 2515.2 million in 2023 and will expand at a compound annual growth rate (CAGR) of 9.50% from 2023 to 2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Professional Action Camera Market Sales Revenue 2023 | $ 2515.2 Million |
Global Professional Action Camera Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 9.5% |
North America Professional Action Camera Sales Revenue 2023 | $ 1006.08 Million |
North America Professional Action Camera Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 7.7% |
Asia Pacific Professional Action Camera Sales Revenue 2023 | $ 578.5 Million |
Asia Pacific Professional Action Camera Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 11.5% |
Europe Professional Action Camera Sales Revenue 2023 | $ 754.56 Million |
Europe Professional Action Camera Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 8% |
South America Professional Action Camera Sales Revenue 2023 | $ 125.76 Million |
South America Professional Action Camera Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 8.9% |
Middle East and Africa Professional Action Camera Sales Revenue 2023 | $ 50.3 Million |
Middle East and Africa Professional Action Camera Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 9.2% |
Market Split by Type |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Report scope is customizable as we have a huge database of Professional Action Camera industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Professional Action Camera Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The way these professional action cameras are made gives viewers a first-person viewpoint in the videos that are captured with them. Viewers become interested in this because it allows them to form their own opinions about sports like skiing, rock climbing, and surfing. Key players in the Professional Action Camera market employ various strategies to maintain and enhance their market presence. These strategies include record top-notch video of intensely action-packed events. Sports fans, intrepid travellers, and professionals in the broadcasting, film, and sports sectors frequently utilize these cameras to take high-definition, real-time pictures and movies. There are more and more outdoor and extreme sports fans trying to record their experiences. Furthermore, as social media platforms have grown in popularity, These strategies help key players capture a significant market share and remain competitive in the dynamic Professional Action Camera market.
(Source:www.dji.com/newsroom/news/dji-unleashes-osmo-action-3-to-capture-moments-beyond-the-edge)
One important element driving the rise in demand for action cameras is the increasing number of online influencers and content creators, as well as the desire of the youth demographic to become well-known on social media. Additionally, social media is managed professionally. Content creators are paid by platforms like YouTube and Instagram according on the number of views each video receives. As a result, the action camera industry is positively impacted by all of these variables.
For instance, in November 2022, the Global distribution of the GoPro Hero 11 Black series cameras was announced by GoPro Inc. There are three different Hero 11 Black camera models available: the Hero 11 Black, the Hero 11 Black Creator Edition, and the Hero 11 Black Mini.
The need for action cameras is growing due to the increase in professional activities. The action camera's integration of cutting-edge technology like VR and AR is driving up sales even further. Moreover, the adoption of micro sensors and other parts in action camera results in its mobility, convenience, and compact size that drive the growth of the market. The advent of Wi-Fi and Bluetooth connectivity, together with the capability to capture 4K quality images and videos, has increased demand for action cameras.
For instance, in April 2020, To own and manage its electronics and IT solutions businesses, Sony Electronics Corporation was founded as an intermediary holding company
(Source:www.sony.com/en/SonyInfo/News/Press/202003/20-021E/)
Professional action camera devices are becoming more and more crowded on the market because to the abundance of options from different manufacturers. Because of the fierce competition that may result from this saturation, it may be difficult for new competitors to capture market share. Dedicated action cameras face a lot of competition from smart phones' sophisticated cameras, which can record high-quality action footage and have durable construction. Rather than purchasing a separate action camera, many customers can choose to use their cell phones because they are more convenient.
The COVID-19 pandemic affected the Professional Action Camera market significantly. Global supply chains were thrown off balance by the pandemic, which had an impact on the manufacturing and supply of electrical parts, including those found in action cameras. Lockdowns, limitations, and production process delays resulted in shortages and made it difficult to meet demand. Adventure sports, vacations, and outdoor activities are frequently captured with professional action cameras. The pandemic's restrictions on outdoor activities and travel led to a decline in the market for action cameras, especially those intended for travel and adventure.
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The major players adopt new tactics quickly in order to gain a competitive advantage and take a substantial portion of the market. To serve a sizable customer base and obtain a competitive benefit, the key players in the Professional Actions Camera market place a strong emphasis on extending their creative offers.
Top Companies Market Share in Professional Action Camera Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
Global Professional Action Camera Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Professional Action Camera Industry growth. Professional Action Camera market has been segmented with the help of its Type, Application , and others. Professional Action Camera market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, consumer held the major market share over the projection timeframe, due to the Consumers action cameras are made especially for people who enjoy being outside and participating in different outdoor activities, such as biking, hiking, and water sports. Consumer action cameras are also used by evidentiary users, such police officers and insurance claim adjusters, to collect video evidence.
Professional is the fastest-growing category over the projection timeframe due to increasing Professional action cameras ensure high-quality film for transmission, rescue operations, and monitoring applications. They serve Television productions, emergencies like fire-fighter or medical personnel, and security objectives.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Professional Action Camera Industry. Request a Free Sample PDF!
According to Cognitive Market Research, recreational activities hold a prominent market share; this is because more and more young people are choosing to pursue careers in photography and videographer. Therefore, it is expected that the professional segment will increase at the fastest rate.
Sports is the fastest-growing category over the projection timeframe, due to this expansion may be attributed to both an increase in sporting events and an increase in outdoor sportsmen who want to record and take photos of different sports and leisure activities including skydiving, riding, scuba diving, and surfing.
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Professional Action Camera market report 2024 Edition by contacting our team.
According to Cognitive Market Research, North America dominated the market in 2023 and accounted for around 40% of the global revenue, This is related to young people's growing inclination toward recreational and daring activities like skydiving, bungee jumping, and scuba diving as well as their increased discretionary wealth. The demand for action cameras in the area is rising dramatically due to people's desire to take photos and films and share them on social media. The worldwide action camera market has grown tremendously due to expanding internet penetration and Smartphone use, and it is predicted to rise exponentially over the projection timeframe.
Europe is the fastest-growing category as the region's increasing influence of social to be the most opportune market because of the growing acceptance and growth of adventure and sports tourism. Furthermore, a number of industry participants' notable product releases in the European market are having a beneficial impact on the expansion of the local market. A further important aspect indirectly driving market expansion is the increasing significance of social media marketing. Popular brands use social media platforms as a key advertising channel, including Zomato, Snapshot, and Google.
The current report Scope analyzes Professional Action Camera Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!
According to Cognitive Market Research, the global Professional Action Camera market size was estimated at USD 2515.2 Million out of which North America held the major market of more than 40% of the global revenue with a market size of USD 1006.08 million in 2023 and will grow at a compound annual growth rate (CAGR) of 7.7% from 2023 to 2030. Demand for durable, waterproof action cameras that can record dynamic, fast-paced action is fuelled by the popularity of extreme sports, such as skating, surfing, and motocross. According to Cognitive Market Research, consumer sector dominates the market in this region, because Outdoor activity, including hiking, biking, skiing, and water sports, is highly valued throughout the North American region. To record their adventures, customers that partake in these activities look for action cameras that are robust and offer great performance. In conclusion, the North American Professional Action Camera market is thriving due to the emergence of the extreme sports culture, the impact of social media, and the increase in leisure activities.
According to Cognitive Market Research, the global Professional Action Camera market size was estimated at USD 2515.2 Million out of which Asia Pacific held the market of more than 23% of the global revenue with a market size of USD 578.50 million in 2023 and will grow at a compound annual growth rate (CAGR) of 11.5% from 2023 to 2030. Professional action cameras are now more widely available and accessible thanks to the expansion of e-commerce sites. These cameras are readily available for purchase online, which helps the market grow. According to Cognitive Market Research, recreational activities segment dominates the Professional Action Camera market in Asia pacific, because Professional action cameras are available to a wide range of consumers who are interested in recreational activities due to their affordability and simplicity of access through both online and offline retail channels. In conclusion, the Asia Pacific Professional Action Camera market shows significant growth due to increasing adventure travel, vlogging and content production, and increasing sports and action events.
According to Cognitive Market Research, with a market value of USD 2515.2 million in 2023 and projected to expand at a compound annual growth rate (CAGR) of 8.0% from 2023 to 2030, Europe accounted for a share of over 30% of the global market size of USD 754.56 million Adventure tourism is a booming industry in Europe, with a vibrant outdoor sports culture. Mountaineering, cycling, snowboarding, skiing, snowboarding, and water sports are just a few of the activities that make professional action cameras popular among outdoor enthusiasts. According to Cognitive Market Research, Customer-focused action cameras are perfect for daily usage because of their lightweight and small design. These cameras are portable and easy to install on different accessories, giving users more freedom to take pictures while they're out and about. In conclusion, the European Professional Action Camera market is thriving due to increasing adventure & outdoor sports for everyone travel, social media and content production, sports and event reporting.
According to Cognitive Market Research, the global Professional Action Cameras market size was estimated at USD 2515.2 Million out of which Latin America market of more than 5% of the global revenue with a market size of USD 125.76 million in 2023 and will grow at a compound annual growth rate (CAGR) of 8.9% from 2023 to 2030, consumers in Latin America frequently like small, portable electronics. Users that value portability and convenience will find professional action cameras to be lightweight and easy to carry. According to Cognitive Market Research, In Latin America, the expansion of e-commerce platforms makes professional action cameras easily accessible to customers. Online marketplaces provide a practical means of perusing, contrasting, and acquiring these gadgets, hence augmenting the prominence of the consumer sector. In conclusion, the Latin American Professional Action Camera market exhibits steady growth, driven by Growing Interest from customers, social media, and content development.
According to Cognitive Market Research, the global Professional Action Camera market size was estimated at USD 2515.2 Million out of which Middle East and Africaheld the major market of more than 2% of the global revenue with a market size of USD 50.30 million in 2023 and will grow at a compound annual growth rate (CAGR) of 9.2% from 2023 to 2030. In several MEA nations, greater disposable income has resulted in more consumer spending on electronics and leisure activities. Professional action cameras become more appealing to customers with more money since they provide cutting-edge features and durability. According to Cognitive Market Research, Travelers and visitors looking for uncommon experiences are drawn to the MEA region. Travelers who wish to record special experiences on their travels are fond of action cameras, which add to the domination of the consumer category. In conclusion, the MEA (Middle East and Africa) Professional Action Camera market exhibits growth potential due to increased disposable income, sports and events coverage, and outdoor adventure tourism
Senior Research Analyst at Cognitive Market Research
ResearchGate Profile: https://www.researchgate.net/profile/Kalyani-Raje
An optimistic Senior Research Analyst with years of experience in competitive assessment and business consulting. A seasoned professional and subject-matter expert (SME) in the Automobile and transportation vertical.
With a work experience of over 10+ years in the market research and strategy development. I have worked with diverse industries, including FMCG, IT, Telecom, Automotive, Electronics and many others. I also work closely with other departments such as sales, product development, and marketing to understand customer needs and preferences, and develop strategies to meet those needs.
I am committed to staying ahead in the rapidly evolving field of research and analysis. This involves regularly attending conferences, participating in webinars, and pursuing additional certifications to enhance my skill set. I played a crucial role in conducting market research and competitive analysis. I have a proven track record of distilling complex datasets into clear, concise reports that have guided key business initiatives. Collaborating closely with multidisciplinary teams, I contributed to the development of innovative solutions grounded in thorough research and analysis.
Table of Content differs accordign to the user License selction. Current Displayed TOC is for the Corporate User License Report Edition. TOC Customization options: Add or Remove section's Or chapter's from the report. Specific section's of report can be ordered at a discounted price. If applicable; On Request Volume Data will also be provided (at an Additional Cost).
Type | Consumer, Professional |
Application | Sports, Video, Other |
List of Competitors | LOREAL Group, Nikon Corporation, GoPro, Olympus Corporation, Garmin Ltd., Rollei GmbH & Co. KG, Sony Corporation, SJCAM, SZ DJI Technology Co., YI Technology, Drift Innovation |
This chapter will help you gain GLOBAL Market Analysis of Professional Action Camera. Further deep in this chapter, you will be able to review Global Professional Action Camera Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
Chapter 2 North America Market Analysis
Executive Summary North America Market (2019 vs 2024 vs 2031)
Purchase Add-Ons to Customize the Report Edition and get further granular data level data about the North America market. Add-On Cost: Request before placing the order, Respective Pricing will be informed after sending the inquiry
Qualitative Analysis for the North America Market: North America Professional Action Camera Market Trends North America Professional Action Camera Technological Road Map North America Professional Action Camera Market Drivers North America Professional Action Camera Market Restraints North America Professional Action Camera Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia-Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Professional Action Camera market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Consumer have a significant impact on Professional Action Camera market? |
What are the key factors affecting the Consumer and Professional of Professional Action Camera Market? |
What is the CAGR/Growth Rate of Sports during the forecast period? |
By type, which segment accounted for largest share of the global Professional Action Camera Market? |
Which region is expected to dominate the global Professional Action Camera Market within the forecast period? |
Segmentation Level Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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