Action Cameras Record Growth: Futuresource Consulting

Action Cameras Record Growth: Futuresource Consulting

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Hertfordshire, UK—According to Futuresource Consulting, the worldwide action camera market witnessed volume growth in 2017 (+4% year-on-year). It reached 10.3m units, reported the research firm. The study included traditional action cameras as well as 360º consumer video cameras.

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However, the market value was set to suffer a slight decline ($1.8bn, -2% year on year), noted the UK-based firm. This was driven by an increase in the proportion of entry-level (<$150) cameras. This segment contributed to average trade prices falling by 6% to $176 in 2017.

Futuresource Consulting

Futuresource delivers specialist research and consulting services. Moreover, the research firm provides market forecasts and intelligence reports. Since the 1980s, the company has supported a range of industry sectors. These sectors have grown to include: consumer electronics, broadcast equipment, professional displays, entertainment content, education technology, electronics storage and also imaging products.

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