LONDON--(BUSINESS WIRE)--Jul 9, 2020--
Technavio has been monitoring the 360-degree camera market and it is poised to grow by USD 1.63 billion during 2020-2024, progressing at a CAGR of over 29% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global 360-degree Camera Market 2020-2024 (Graphic: Business Wire)
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Alphabet Inc., Fujitsu Ltd., Huawei Investment and Holding Co. Ltd., Koninklijke Philips NV, LG Electronics Inc., Panasonic Corp., Ricoh Co. Ltd., Samsung Electronics Co. Ltd., Shenzhen Arashi Vision Co. Ltd., and Sony Corp. are some of the major market participants. The declining price of 360-degree cameras will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Declining price of 360-degree cameras has been instrumental in driving the growth of the market.
360-degree Camera Market 2020-2024: Segmentation
360-degree Camera Market is segmented as below:
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360-degree Camera Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our 360-degree camera market report covers the following areas:
This study identifies the development of virtual theme parks as one of the prime reasons driving the 360-degree camera market growth during the next few years.
360-degree Camera Market 2020-2024: Vendor Analysis
We provide a detailed analysis of vendors operating in the 360-degree camera market, including some of the vendors such as Alphabet Inc., Fujitsu Ltd., Huawei Investment and Holding Co. Ltd., Koninklijke Philips NV, LG Electronics Inc., Panasonic Corp., Ricoh Co. Ltd., Samsung Electronics Co. Ltd., Shenzhen Arashi Vision Co. Ltd., and Sony Corp. Backed with competitive intelligence and benchmarking, our research reports on the 360-degree camera market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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360-degree Camera Market 2020-2024: Key Highlights
Table Of Contents:
Five Forces Analysis
Market Segmentation by Application
Market Segmentation by End-user
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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SOURCE: Technavio Research
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