What is 360 Degree Spherical Camera?
Omnidirectional digicam is any other identify for 360-degree spherical camera. In the horizontal plane, it is a digicam with a discipline of view that roughly spans the complete sphere or at least a full circle. For area of view, a 360-degree digital camera is employed, which captures nearly the entirety round the sphere. When big visible fields need to be covered, such as when photographing panoramas, 360 cameras are required. 360 cameras that document each monoscopic and stereoscopic video can be used to generate customized digital actuality experiences for a range of uses, from undertaking to marketing.
The market study is broken down, by Application (Cars, Panoramic art, Robotics and computer vision and Miscellaneous) and major geographies with country level break-up.
The market is seeing moderate market players, by seeing huge growth in this market the key leading vendors are highly focusing towards the production technologies, efficiency enhancement and product life. There is various growth opportunity in this market which is captured by leading players via tracking the ongoing process enhancement and huge invest in market growth strategies. Analysts at AMA Research estimates that Vendors from United States will contribute to the maximum growth of Global 360 Degree Spherical Camera market throughout the predicted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Panono (Japan), Bubl (United States), Samsung (South Korea), Ricoh Company, Ltd. (Japan), Kodak (United States), LG (South Korea), Nikon (Japan), Panasonic (Japan), 360fly (United States), ALLie (United States) and Drone Volt (France) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Elmo (Australia), Garmin (United States) and Giroptic (United States).
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global 360 Degree Spherical Camera market by Type, Application and Region.
On the basis of geography, the market of 360 Degree Spherical Camera has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by HD Format, the sub-segment i.e. 4K will boost the 360 Degree Spherical Camera market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Video Resolution, the sub-segment i.e. 640 x 480 will boost the 360 Degree Spherical Camera market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Storage Media, the sub-segment i.e. Micro SD Card will boost the 360 Degree Spherical Camera market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Video Format, the sub-segment i.e. H.264 / AVC will boost the 360 Degree Spherical Camera market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Lens System, the sub-segment i.e. Fisheye Lens will boost the 360 Degree Spherical Camera market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Optical Zoom, the sub-segment i.e. 4x will boost the 360 Degree Spherical Camera market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Connectivity, the sub-segment i.e. Wired will boost the 360 Degree Spherical Camera market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Frame Rate, the sub-segment i.e. 25 fps will boost the 360 Degree Spherical Camera market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Compatibility, the sub-segment i.e. PC will boost the 360 Degree Spherical Camera market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
In 2021, Nikon Corporation is pleased to announce the development of the first flagship model for which the Nikon Z mount has been adopted: The Nikon Z 9. The full-frame (Nikon FX-format) mirrorless camera is scheduled for release in 2021, and represents a significant leap in technology and performance.
Market Trend
- Growing Demand for Immersive and Interactive Content
- Adopting Collaboration and Acquisition Strategies to Develop and Commercialize
Market Drivers
- Rising Demand of 360-degree Cameras which are Widely Used by Extreme Sports Enthusiasts and Vloggers
Opportunities
- Growing Technologies and New Developments with Unique Properties and Distinct Characteristics
Restraints
- High Cost Associated with Cameras
Challenges
- Lack of Availability of Skilled Labors
- Fluctuations in Supply and Demand of Raw Material Share Due to Enforcement of Stringent Lockdown Measures
Key Target Audience
360 Degree Spherical Camera Manufacturers, 360 Degree Spherical Camera Distributors and Suppliers, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities and Government and Private Research Organizations
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.