Action Camera Market Size, Share, Trends, Growth 2029
Action Camera Market was valued at USD 4.1 billion in 2021 and is projected to grow at a CAGR of 13.1% during 2022-2029 and reaching USD 11.0 billion in 2029. The factors driving the growth of Action Camera Market includes growing internet penetration rates, rise in the sales of consumer electronics such as smartphones and tablets, availability of cheap data and increase in the consumption of video content around the world. Moreover, increase in youth’s participation for creating video content, rapid growth in the tourism industry, integration of advanced technologies such as Augmented Reality (AR), Virtual Reality (VR) and Artificial Intelligence (AI) with action cameras, are some of the additional factors supplementing the Action Camera Market size . In addition, the increasing investments by leading players on research and development, growing importance of social media marketing, rising disposable incomes and growing population growth rates, are further contributing towards the m...