PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1568544
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1568544
360 Degree Camera Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032
The Global 360 Degree Camera Market will achieve a 24.5% CAGR between 2024 and 2032, spurred by the rise of smart home systems and IoT devices. As homes become more interconnected, the demand for advanced surveillance solutions that seamlessly integrate with smart home ecosystems is on the rise. With technology becoming more affordable, high-quality 360-degree cameras are increasingly accessible to both consumers and businesses.
This blend of enhanced connectivity and decreasing costs is driving the widespread adoption of 360-degree cameras, allowing users to enjoy comprehensive security and immersive experiences without breaking the bank. In January 2024, Xiaomi launched the 360 Home Security Camera 2K, boasting a 3-megapixel lens and 2K HD video capabilities. Targeted at new parents and pet owners, this smart surveillance camera broadens Xiaomi's suite of home security offerings.
It mirrors a larger industry trend: the push towards integrating advanced features into home security systems. This move not only highlights the market's evolution towards sophisticated, user-centric cameras but also sheds light on the competitive landscape of technology-driven solutions in the sector.
The 360-degree camera industry is segmented based on connectivity, resolution, usage, price, lens type, power source, end use, distribution channel, and region.
By 2032, the electric segment is poised to carve out a significant presence, driven by the rising integration of advanced electric technologies in camera systems. Innovations in electric components not only boost the performance and efficiency of 360-degree cameras but also broaden their appeal across diverse applications, from security to immersive experiences. The surging demand for reliable, energy-efficient cameras further accentuates the preference for electric-powered models, underscoring the electric segment's pivotal role in propelling the 360-degree camera market forward.
The commercial segment is set to witness substantial growth, propelled by the escalating demand for all-encompassing surveillance and security solutions in the business realm. Industries such as retail, hospitality, and transportation are increasingly turning to 360-degree cameras, drawn by their expansive coverage and sophisticated monitoring features. These cameras not only bolster security but also enhance operational efficiency and provide valuable data insights, solidifying their status as the go-to choice for commercial use. This rising demand for vigilant surveillance and asset protection cements the commercial segment's dominance in the market.
Asia Pacific region is expected to maintain a moderate share in the 360-degree camera industry over 2024-2032, driven by swift technological advancements and a surge in smart home device adoption. The region's appetite for enhanced security solutions, combined with a fascination for cutting-edge technologies, propels market expansion. Furthermore, as residential and commercial infrastructures burgeon in emerging economies, so does the demand for sophisticated camera systems. With its vibrant market dynamics and technological embrace, Asia Pacific stands out as a key player in the 360-degree camera arena.
Table of Contents
Chapter 1 Methodology and Scope
- 1.1 Market scope and definition
- 1.2 Base estimates and calculations
- 1.3 Forecast parameters
- 1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
- 1.4.2.1 Paid sources
- 1.4.2.2 Public sources
Chapter 2 Executive Summary
- 2.1 Industry 360° synopsis, 2018 - 2032
Chapter 3 Industry Insights
- 3.1 Industry ecosystem analysis
- 3.1.1 Factors affecting the value chain
- 3.1.2 Profit margin analysis
- 3.1.3 Disruptions
- 3.1.4 Future outlook
- 3.1.5 Manufacturers
- 3.1.6 Distributors
- 3.1.7 Retailers
- 3.2 Impact forces
- 3.2.1 Growth drivers
- 3.2.1.1 Rising demand in various industries
- 3.2.1.2 Growing virtual reality
- 3.2.2 Industry pitfalls and challenges
- 3.2.2.1 High bandwidth and storage requirements
- 3.2.1 Growth drivers
- 3.3 Technology and innovation landscape
- 3.4 Consumer buying behavior analysis
- 3.4.1 Demographic trends
- 3.4.2 Factors affecting buying decision
- 3.4.3 Consumer product adoption
- 3.4.4 Preferred distribution channel
- 3.4.5 Preferred price range
- 3.5 Growth potential analysis
- 3.6 Regulatory landscape
- 3.7 Pricing analysis
- 3.8 Porter's analysis
- 3.9 PESTEL analysis
Chapter 4 Competitive Landscape, 2023
- 4.1 Introduction
- 4.2 Company market share analysis
- 4.3 Competitive positioning matrix
- 4.4 Strategic outlook matrix
Chapter 5 Market Estimates and Forecast, By Connectivity, 2021 - 2032, (USD Billion) (Thousand units)
- 5.1 Key trends
- 5.2 Wired
- 5.3 Wireless
Chapter 6 Market Estimates and Forecast, By Resolution, 2021 - 2032, (USD Billion) (Thousand units)
- 6.1 Key trends
- 6.2 HD high definition
- 6.3 Ultra-high definition
Chapter 7 Market Estimates and Forecast, By Power Source, 2021 - 2032, (USD Billion) (Thousand units)
- 7.1 Key trends
- 7.2 Electric
- 7.3 Battery operated
Chapter 8 Market Estimates and Forecast, By Usage, 2021 - 2032, (USD Billion) (Thousand units)
- 8.1 Key trends
- 8.2 Personal
- 8.3 Professional
Chapter 9 Market Estimates and Forecast, By Lens, 2021 - 2032, (USD Billion) (Thousand units)
- 9.1 Key trends
- 9.2 Single
- 9.3 Multiple
- 9.4 Dual
Chapter 10 Market Estimates and Forecast, By Price 2021 - 2032, (USD Billion) (Thousand units)
- 10.1 Key trends
- 10.2 Low
- 10.3 Medium
- 10.4 High
Chapter 11 Market Estimates and Forecast, By End Use 2021 - 2032, (USD Billion) (Thousand units)
- 11.1 Key trends
- 11.2 Individual
- 11.3 Commercial
- 11.3.1 Supermarkets
- 11.3.2 Retail stores
- 11.3.3 Airports
- 11.3.4 Production plants
- 11.3.5 Warehouses
- 11.4 Industrial
- 11.4.1 Automotive
- 11.4.2 oil and gas
- 11.4.3 Food and beverages
- 11.4.4 Mining
- 11.4.5 Others
Chapter 12 Market Estimates and Forecast, By Distribution channel 2021 - 2032, (USD Billion) (Thousand units)
- 12.1 Key trends
- 12.2 Direct sale
- 12.3 Indirect sale
Chapter 13 Market Estimates and Forecast, By Region, 2021 - 2032, (USD Billion) (Thousand units)
- 13.1 Key trends
- 13.2 North America
- 13.2.1 U.S.
- 13.2.2 Canada
- 13.3 Europe
- 13.3.1 Germany
- 13.3.2 UK
- 13.3.3 France
- 13.3.4 Italy
- 13.3.5 Spain
- 13.3.6 Rest of Europe
- 13.4 Asia Pacific
- 13.4.1 China
- 13.4.2 India
- 13.4.3 Japan
- 13.4.4 South Korea
- 13.4.5 Australia
- 13.4.6 Malaysia
- 13.4.7 Indonesia
- 13.4.8 Rest of Asia Pacific
- 13.5 Latin America
- 13.5.1 Brazil
- 13.5.2 Mexico
- 13.5.3 Rest of Latin America
- 13.6 MEA
- 13.6.1 Saudi Arabia
- 13.6.2 UAE
- 13.6.3 South Africa
- 13.6.4 Rest of MEA
Chapter 14 Company Profiles (Business Overview, Financial Data, Product Landscape, Strategic Outlook, SWOT Analysis)
- 14.1 360fly
- 14.2 AITBOT
- 14.3 ALLie Camera
- 14.4 Denso Corporation
- 14.5 Digital Domain Productions
- 14.6 Freedom360 LLC
- 14.7 GoPro
- 14.8 Insta360
- 14.9 LG Electronics
- 14.10 Nikon
- 14.11 PONONO (Professional 360 GmbH)
- 14.12 Ricoh
- 14.13 Samsung Electronics
- 14.14 Vuze Camera
- 14.15 Xiaomi
