VR Bolsters 360° Camera Market

According to MarketsandMarkets’ research report, “360-Degree Camera Market by Connectivity Type, Resolution, Vertical, and Geography - Global Forecast to 2023", the overall market is estimated to reach $1,569.2 million by 2023 from $473.6 million by 2018, at a CAGR of 27.1% between 2018 and 2023. The growing awareness about the need for safety and security at public places and affordable prices of 360-degree cameras are the major drivers for the growth of the 360-degree camera market.



Fierce AI Week

Register today for Fierce AI Week - a free virtual event | August 10-12

Advances in AI and Machine Learning are adding an unprecedented level of intelligence to everything through capabilities such as speech processing and image & facial recognition. An essential event for design engineers and AI professionals, Engineering AI sessions during Fierce AI Week explore some of the most innovative real-world applications today, the technological advances that are accelerating adoption of AI and Machine Learning, and what the future holds for this game-changing technology.


  • Wired technology to hold major share of 360-degree camera market during forecast period
  • Market for media and entertainment to grow at high CAGR between 2018 and 2023
  • North America expected to hold major share of 360-degree camera market between 2018 and 2023
  • Samsung Electronics (South Korea), Ricoh (Japan), GoPro (US), Insta360 (China), 360fly (US), LG Electronics (South Korea), Nikon (Japan), Kodak (US), Rylo (US), Bubl (Canada), and Xiaomi (China) are the major players in the 360-degree camera market. The report profiles of companies such as Immervision (Canada), Digital Domain Productions (US), YI Technology (US), PANONO (Professional 360GmbH) (Germany), AITBOT (Shenzhen Hatoa Technology (China), Freedom360 (US), Jaunt (US), Facebook (US), Humaneyes (Israel), Sony (Japan), and Panasonic (Japan). 

Thirsting for more knowledge on the topic? Then browse the "360-Degree Camera Market - Global Forecast to 2023" report


MarketsandMarkets Inc.

Northbrook, IL


[email protected] 

Suggested Articles

Survey of 30 chipmakers offers a good sign for research and development of self-driving vehicles, analyst says

Research dollars for AV are expected to remain, if slowed, especially for companies that see self-driving as a key to their success

Hydrogen refueling stations are limited in the U.S., restricting interest in use of fuel cell electric cars