A 360-degree camera is a device that captures a panoramic image or a 360-degree field of view in the horizontal plane. It is used to track the movement of people, detect activities in a large area and improve area management.

Market Trends

A rise in the number of crime rates has led to an increased demand for 360-degree cameras as they are used for safety and security measures in defense, military, public as well as the corporate sectors. Apart from this, they are used in robotics to solve simultaneous localization and mapping as well as for visual odometry due to their better optical flow, feature matching and selection in robotics. Furthermore, 360-degree cameras are installed in augmented and virtual reality (AR/VR) gaming and in vehicles to enable smart view. Along with this, as consumers are becoming more inclined toward photography, they prefer to purchase 360-degree cameras, which can produce high-resolution images, even in low-light conditions. Moreover, due to advancements in technology, the leading companies are introducing cameras with intuitive features and innovative designs to attract a broader consumer base.

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Note: As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Market Segmentation:

Market Breakup by Connectivity Type

Wired
Wireless

Market Breakup by Resolution

HD
UHD

Market Breakup by Camera Type

Single
Professional

Market Breakup by Vertical

Media & Entertainment
Consumer
Military & Defense
ravel & Tourism
Automotive
Commercial
Healthcare
Others

Market Breakup by Application

Traffic-Monitoring
Grid Layout
Aerial Scenery
Others

Market Breakup by Distribution Channel

Online Stores
Single-Brand Stores
Multi-Brand Stores

Market Breakup by Region

North America
Europe
Asia Pacific
Latin America
Middle East and Africa

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Some of the major players operating in the industry worldwide 360fly, Bubl Technology Inc., Gopro Inc. (NASDAQ: GPRO), Insta360, Kodak (NYSE: KODK), LG Electronics, Nikon, Nokia Corporation, Panono, Ricoh Company Ltd., Rylo, Samsung Electronics, Sony, Xiaomi Ltd. etc.

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