A recent report published by Infinium Global Research on the selfie stick market provides an in-depth analysis of segments and sub-segments in the global as well as regional selfie stick market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional selfie stick market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global selfie stick market. According to the report, the global selfie stick market is projected to grow at a CAGR of 9.0% over the forecast period of 2019-2025.
Selfie sticks becoming popular among the young generation. It is difficult to get both yourself and background in one frame using an ordinary smartphone, this problem can be solved by using a selfie stick. It is useful for a wider background or to take a group picture owing to its ability to adjust the angle of view. It is a monopod that is used for self-portraits by positioning a camera or smartphone beyond the normal range of the arm. The selfie stick has an extendible metal stick, adjustable clamp to hold a phone, a handle and bluetooth control. The connection which formed between the device and the selfie stick allows the user to decide when to take the picture or start recording a video by only clicking the button on the handle.
The primary driver for the selfie stick market is its ease of use without depending on a timer of the smartphone camera. Further, the growing business travel and tourism, adoption of smartphones and a decrease in prices of selfie stick drive the global selfie stick market. However, the portability of the selfie sticks is restraining the market in the short term. Moreover, the rapidly growing smartphone industry and large spending on a smartphone provides a growth opportunity for a selfie stick market
Geographically, the selfie stick market is segmented into North America, Europe, the Asia Pacific and the Row. The Asia Pacific is the largest market player of global selfie stick owing to the high penetration of smartphones, availability of selfie sticks at low prices and the presence of a large number of vendors. The major countries for the adoption of selfie sticks in the Asia Pacific region are India, China, Japan, Indonesia, and South Korea.
The report on global selfie stick market covers segments such as type and application. On the basis of type, the sub-markets include wired selfie stick, remote-triggered selfie stick, and bluetooth selfie stick. On the basis of application, the sub-markets include mobile phone, and camera.
The report provides profiles of the companies in the market such as Fotopro, KobraTech, Kootek, Looq Robotics, Momax, Anker, Mpow, Fromm Works, Satechi, and other companies.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of selfie stick market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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