IMARC Group has recently released a new research study titled “360-Degree Camera Market Report by Connectivity Type, Resolution, Camera Type, Vertical, Application, Distribution Channel and Region 2024-2032”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios.
The global 360-degree camera market size reached US$ 1,354.0 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 9,132.4 Million by 2032, exhibiting a growth rate (CAGR) of 22.9% during 2024-2032. The rising prevalence of virtual and augmented reality (VR/AR) in various video games, increasing number of social networking platforms to create and share content, and the growing integration into mobile devices represent some of the key factors driving the market.