Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 1.49 Billion | USD 7.97 Billion | 20.5% | 2024 |
FrequentlyAsked Questions
A 360-degree camera is a specialized camera that captures images or videos in all directions simultaneously, creating an immersive spherical or panoramic view. Unlike traditional cameras that only record a limited field of view (e.g., 60°–120°), a 360° camera uses multiple lenses (usually two or more ultra-wide-angle lenses) to stitch together a seamless, wrap-around perspective.
The global 360 degree camera market is expected to grow due to increasing adoption in virtual reality (vr), security, and entertainment applications, along with advancements in imaging technology.
According to a study, the global 360 degree camera market size was worth around USD 1.49 Billion in 2024 and is expected to reach USD 7.97 Billion by 2034.
The global 360 degree camera market is expected to grow at a CAGR of 20.5% during the forecast period.
North America is expected to dominate the 360 degree camera market over the forecast period.
Leading players in the global 360 degree camera market include Samsung Electronics, YL Technology, LG Electronics, Ricoh, Kodak, PANONO, GoPro, Insta360, Digital Domain Production, 360fly, Immervision, Nikon, Rylo, Bubl, Xiaomi, Sony Corporation, Panasonic, Nokia Corporation, Ricoh Company Ltd, Mistika VR, among others.
The report explores crucial aspects of the 360 degree camera market, including a detailed discussion of existing growth factors and restraints, while also examining future growth opportunities and challenges that impact the market.
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