Market Highlights
Global Panoramic Camera Market is poised to reach at market size of USD ~36 billion by end of year 2022 at 31% of CAGR during forecast period 2016-2022. The growth in the panoramic camera market is driven by the rise in number of smart homes, high investments in infrastructure and increasing technology advancement in the field of safety solutions. The factors hindering the growth of the Panoramic Camera Market include lack of software support services and high price of camera as compared to IP cameras.
Panoramic camera can be divided into single sensor camera and multi sensor camera. Single sensor camera is uses only one image sensor and they are suited for schools, offices and others whereas multi sensor image enables a higher pixel density which is suited for stadiums, parking lots and others. Also, the virtual Reality and 360˚ video enthusiast which is a part of panoramic camera has grown over the last few years. Large tech companies have been investing time and millions of dollars into virtual reality development. Now with the distribution of virtual reality headsets and emergence of platforms for sharing and distributing the content is expected to grow the demand of panoramic camera over the forecast period.
This study provides an overview of the global panoramic market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size and share for North America, Europe, Asia Pacific, and Rest of the World. The report also provides a forecast, focusing on the market opportunities for the next five years for each region.
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Key Players
The key players of global panoramic camera market report include Samsung electronics Ltd. (Korea), Ricoh Company Ltd. (Japan), Nikon Corporation (Japan), Canon Inc. (Japan), Roundshot (Switzerland), Panono GmbH (Spain), Panasonic Corporation (Japan) , D-Link Corporation(Taiwan), Sony Corporation (Japan) , Immer Vision, Inc. (Canada) and others.
Market Research Analysis:
The global panoramic camera market is expected to grow significantly. The market is highly application basis. Among various applications, traffic monitoring is expected to drive the market globally due to rising government initiatives to increase safety on roads. With the growing advancement in digital technology and increasing adoption of virtual reality products for gaming and other applications, the demand for high resolution camera is increasing thereby increasing the growth of panoramic cameras market during forecast period 2016-2022.
Geographically, North America is expected to dominate the panoramic camera market due to high demand of high safety for wireless network infrastructure in the region. The Asian countries, especially Japan China and India over the forecast period is projected to be the fastest growing market due to rising law enforcement to reduce crime rate in the region.
Segments:
Global Panoramic Camera Market has been segmented on the basis of type, application and region. By type, the market has been categorized into industrial camera and commercial camera. On the basis of application, the market includes- traffic monitoring, grid layout, aerial scenery and others.
On the basis of technology panoramic camera can be segmented into single-sensor cameras and multi sensor cameras. Single sensor camera uses only one image sensor and they are well suited for indoor monitoring of retail stores, hotels, schools and offices. A Multi sensor camera enables a higher pixel density or resolution for the same area coverage and they are well suited stadiums, university campuses, parking lots and shopping malls.
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Intended Audience
- Panoramic camera Manufacturers
- Panoramic camera Distributors
- Research firms
- Consultancy firms
- Software developers
- Vendors from various verticals such as Canon, Ricoh, Nikon, Samsung among others
- Semiconductor Manufacturers
- Stakeholders
- End-user sectors
- Investors
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