Market Overview:
The global 360 degree commercial camera market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for 360 degree video content and rising adoption of virtual reality (VR) technology. In terms of type, the spherical 360 segment is expected to hold a major share in the global 360 degree commercial camera market during the forecast period. This can be attributed to its growing popularity among consumers for capturing immersive videos and photos. By application, malls are anticipated to hold a dominant position in the global 360 degree commercial camera market during the forecast period, owing to their growing popularity among consumers for shopping purposes. However, meeting rooms are also projected to witness significant growth in demand due to their increasing use for business meetings and conferences.
Product Definition:
A 360 degree commercial camera is a digital video camera that captures footage in all directions simultaneously. This type of camera is often used for security or surveillance purposes, as it can provide a complete view of an area.
Spherical 360:
Spherical 360° is a new type of lens that can be used for capturing any kind of video or image in 360 degrees. It’s major advantage over the traditional lenses is that it can capture images/video from almost every direction, not only from straight ahead as with the traditional lenses. The spherical lens has no optical distortion and provides an immersive experience to viewers by wrapping all directions around them.
Panoramic 360:
The panoramic 360° camera is a hybrid device that can be used for both, stills and videos. It has the ability to capture images in all directions simultaneously which gives it an advantage over other devices with similar capabilities. The image resolution of the product is higher than traditional cameras due to its use of multiple lenses, hence making it suitable for viewing from various angles.
The product also has features such as auto-filling cardboards.
Application Insights:
The meeting room application segment dominated the global market with a revenue share of over 40% in 2017. The demand for these cameras has been growing steadily owing to their ability to offer a birds-eye view of meetings and events. Moreover, increasing adoption of smart devices that can be connected to the network offers real-time video feed which is further driving the product demand in this segment.
The mall application segment is expected register significant growth over the forecast period owing to its rising adoption by consumers as well as retailers for surveillance purposes. 360 degree cameras with integrated speakers and mic have been gaining popularity among several brands and retail stores for advertising and marketing purposes leading to an increase in such devices at malls around the world. Furthermore, prominent companies including Microsoft Corporation; HTC Corporation; Samsung Electronics Co., Ltd.; Lenovo Group Limited; Aol Inc.; Cisco Systems, Inc.; etc are focusing on offering advanced security solutions along with their products leading towards increased adoption at shopping malls globally over next few years.
Regional Analysis:
North America dominated the global 360 degree camera market in 2017. The region is expected to maintain its dominance over the forecast period as well. This can be attributed to increasing investments in construction and real estate sector, growing number of shopping malls, rising number of special events and conferences, and increasing adoption of virtual tour by consumers for viewing properties before purchase.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to increased spending on infrastructure development across countries such as China & Japan along with India & Australia. Increasing use cases such as interior designing for commercial spaces are also driving demand across this region which has led it being positioned at second position after North America during same year i.e.
Growth Factors:
- Increasing demand for 360-degree videos and photos for virtual reality applications
- Growing popularity of 360-degree cameras among vloggers and social media enthusiasts
- Proliferation of affordable 360-degree cameras with better features and performance
- Emergence of new use cases for 360-degree cameras in retail, real estate, education, etc.
- Increased demand from businesses for immersive video marketing content
Scope Of The Report
Report Attributes
Report Details
Report Title
360 Degree Commercial Camera Market Research Report
By Type
Spherical 360, Panoramic 360
By Application
Mall, Meeting Room, Other
By Companies
Samsung, Ricoh, Nikon, Canon, Sony, Bublcam, Panono, Teche, fly, Insta360, Samsung
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
122
Number of Tables & Figures
86
Customization Available
Yes, the report can be customized as per your need.
Global 360 Degree Commercial Camera Market Report Segments:
The global 360 Degree Commercial Camera market is segmented on the basis of:
Types
Spherical 360, Panoramic 360
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Mall, Meeting Room, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Samsung
- Ricoh
- Nikon
- Canon
- Sony
- Bublcam
- Panono
- Teche
- fly
- Insta360
- Samsung
Highlights of The 360 Degree Commercial Camera Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Spherical 360
- Panoramic 360
- By Application:
- Mall
- Meeting Room
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the 360 Degree Commercial Camera Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A 360 degree commercial camera is a camera that can capture footage in all directions. This type of camera is often used for filming commercials, as it gives the filmmaker more flexibility when shooting scenes.
Some of the key players operating in the 360 degree commercial camera market are Samsung, Ricoh, Nikon, Canon, Sony, Bublcam, Panono, Teche, fly, Insta360, Samsung.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 360 Degree Commercial Camera Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 360 Degree Commercial Camera Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 360 Degree Commercial Camera Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the 360 Degree Commercial Camera Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global 360 Degree Commercial Camera Market Size & Forecast, 2020-2028 4.5.1 360 Degree Commercial Camera Market Size and Y-o-Y Growth 4.5.2 360 Degree Commercial Camera Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Spherical 360
5.2.2 Panoramic 360
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Mall
6.2.2 Meeting Room
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global 360 Degree Commercial Camera Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 360 Degree Commercial Camera Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Spherical 360
9.6.2 Panoramic 360
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Mall
9.10.2 Meeting Room
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Spherical 360
10.6.2 Panoramic 360
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Mall
10.10.2 Meeting Room
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Spherical 360
11.6.2 Panoramic 360
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Mall
11.10.2 Meeting Room
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Spherical 360
12.6.2 Panoramic 360
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Mall
12.10.2 Meeting Room
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Spherical 360
13.6.2 Panoramic 360
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Mall
13.10.2 Meeting Room
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 360 Degree Commercial Camera Market: Competitive Dashboard
14.2 Global 360 Degree Commercial Camera Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Samsung
14.3.2 Ricoh
14.3.3 Nikon
14.3.4 Canon
14.3.5 Sony
14.3.6 Bublcam
14.3.7 Panono
14.3.8 Teche
14.3.9 fly
14.3.10 Insta360
14.3.11 Samsung