Industry Background:
Selfie Stick is a monopod for smartphones, in which mobile phones can strap at one end and by holding the other end of the stick and extend it outward, it helps to take photos and capture video footage of own. It can fit in various situations such as the need to click photographs of multiple people while traveling and capture background scenery, picture with arm seeing, helps in capturing creative viewpoints.This growth is primarily driven by Increasing Tourism and Business Travels and High Adoption of Smartphones.
Globally, a noticeable market trend is evident Advances in Selfie Stick Technology. Major Vendors, such as Anker (China), KobraTech (United States), Kootek (United States), Xiaomi (China), Momax (China), Mpow (United States), Fromm works (United States), Satechi (United States), Selfie on a Stick (United States) and Selfie Stick Gear (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In Jan 2019, Canon U.S.A Announced A Strategic Partnership With Brizi, A Photo Technology Company, By This Company Focus On Advance The Imaging Technology Industry. Through This Consumers Can Control The Camera Through Their Smartphones By Zooming And Moving Positions.
In Apr 2019, Honor 10 And Honor Magicbook Notebook Announced New Product Launched In China, They Unveiled New Bunch Of New Moonlight Selfie Stick With Its Own LED Flash. The Six-LED Flash Is Incorporated Into The Shaft And Points At The Direction Of Subject, And It Also Served As A Desk Lamp.
Market Drivers
- Increasing Tourism and Business Travels
- High Adoption of Smartphones
Market Trend
- Advances in Selfie Stick Technology
Opportunities
Opportunity Increase With Respect To Increase in Trends of Clicking Pictures from Mobile Phones
Challenges
Interoperability between Different Brands and Operating Systems
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Selfie Stick Study Sheds Light on
The Selfie Stick Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Selfie Stick industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Selfie Stick industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.