Panoramic Camera Market Growth Opportunities, Sales Revenue, Developments and Regional Forecast 2022
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 ...