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A 360 – degree camera is a camera that is used to capture almost the entire circular region or at least a full circle on a horizontal plane. Such types of cameras find their applications such as in panoramic photography, and robotics.
The 360 – degree camera makes use of multiple lenses for capturing the images, and then it stitches the captured images together into one spherical image. The 360 – degree cameras in a way, have transformed the way videos and images are recorded, due to their ability, which allows the users to shoot pictures and capture videos with a 360 – degree field of view in horizontal plane.
The global 360 - degree market is basically driven by the increase in the security concerns, which raises the demand for the use of video surveillance devices in households and various industries.
One of the main driving factors for the market of 360 - degree cameras is also the increase in the budget by various governments over the public safety measures, which are being handled through the video surveillances at various public places.
Some other factors, driving the growth of the market are increase in the terror threats and rising crime rates in various countries across the globe.
The report analyses the 360 – degree camera market based on the connectivity type, resolution, camera type, vertical, application, and geography. On the basis of the connectivity type, the market is divided into wired connectivity type, and wireless connectivity type. Based on the resolution, the market is classified into HD, and UHD resolutions. On the type of the camera, the market is segregated into single use camera, and professional camera. The vertical segment classifies the market into media & entertainment, consumer, military & defence, travel & tourism, automotive, commercial, and healthcare. And on the basis of applications, the market is classified into traffic – monitoring, grid – layout, and aerial scenery.
Based on the connectivity type, the 350 – degree camera market is divided into wired type of connectivity and the wireless type of connectivity.
On the basis of the resolution, the 360 – degree market is classified into HD (High Definition) resolution, having a resolution of 1280 * 720 pixels and UHD (Ultra High Definition) resolution, having a resolution of 3840 * 2160 pixels, depending upon the display resolution of the cameras.
On the basis of camera type, the 360 –degree camera market is classified into single use camera, and professional camera, used for professional photography.
The vertical segment classifies the market into media & entertainment, consumer, military & defence, travel & tourism, automotive, commercial, and healthcare. Out of all, the consumer market is known to have a higher market share because of the high usage of 360 – degree cameras in the individual photography sector.
By application, the 360 – degree camera market is classified into traffic – monitoring, which is a method of studying the incoming and outgoing traffic on the roads; grid – layout, and aerial – scenery. The aerial scenery segment is expected to be having a higher market share due to the rise in safety concerns by various governments at public places.
Geographically, the 360 – degree camera market is studied across the countries of key regions such as, North America, Europe, Asia Pacific and rest of the world regions which includes Latin America, and Middle East &Africa.
The North America region is expected to hold a larger market share for the 360 – degree market during the forecasted period, due to the consumer’s movement towards adopting latest technologies. Also, the region has the presence of numerous key players of the 360 – degree market located there.
Some of the major players operating in this market include Samsung Electronics (South Korea), Ricoh (Japan), GoPro (US), Insta360 (china), 360fly (US), LG Electronics (South Korea), Nikon (Japan), Kodak (US), Rylo (US), Bubl (Canada), Xiaomi (China), among many others.
The report analyses the 360 – degree camera market based on the connectivity type, resolution, camera type, vertical, application, and geography. On the basis of the connectivity type, the market is divided into wired connectivity type, and wireless connectivity type. Based on the resolution, the market is classified into HD, and UHD resolutions. On the type of the camera, the market is segregated into single use camera, and professional camera. The vertical segment classifies the market into media & entertainment, consumer, military & defence, travel & tourism, automotive, commercial, and healthcare. And on the basis of applications, the market is classified into traffic – monitoring, grid – layout, and aerial scenery.
Some of the major players operating in the market include Samsung Electronics (South Korea), Ricoh (Japan), GoPro (US), Insta360 (china), 360fly (US), LG Electronics (South Korea), Nikon (Japan), Kodak (US), Rylo (US), Bubl (Canada), Xiaomi (China), among many others.
Geographically, the 360 – degree camera market is studied across the countries of key regions such as, North America, Europe, Asia Pacific and rest of the world regions which includes Latin America, and Middle East & Africa.
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