According to IMARC Group’s latest report, titled “Selfie Stick Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025,”. Looking forward, IMARC Group expects the global selfie stick market share to continue its strong growth during the next five years.
A selfie stick is an equipment used to position a smartphone or a digital camera beyond the arm’s usual reach. It utilizes a jack plug or Bluetooth tethering to connect to a device for taking pictures or recording videos by clicking on the button located on the handle of the stick. Selfie sticks are portable, lightweight, cost-efficient, facilitate capturing wider shots and provide stability to minimize motion blur.
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Market Trends
The market has witnessed an inflating growth due to rising disposable income levels along with the high penetration of smartphones and digital cameras. Apart from this, the growing travel and tourism industry, along with the launch of innovative selfie stick variants, has further escalated the product demand. For instance, several companies are introducing selfie sticks with built-in fan and beauty lights to enhance the image quality and provide studio effects. However, the rapid outburst of coronavirus disease (COVID19) has compelled several governments to impose nationwide lockdown and restrictions on domestic and international travel. This has resulted in a sudden decline in the travel and tourism sector, consequently inhibiting the demand for selfie sticks across the globe. However, the industry is expected to experience a resurgence after the pandemic circumstances return to normal.
Selfie Stick Market 2020-2025 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Anker
- Fromm Works
- Fotopro
- KobraTech
- Kootek
- Momax
- Mpow
- Satechi
- Thinkmodo Inc.
- Xiaomi
Breakup by Product Type:
- Remote-Triggered Selfie Stick
- Wired Selfie Stick
- Bluetooth Selfie Stick
Breakup by Application:
- Mobile Phone
- Camera
Breakup by Distribution Channel:
- Online Stores
- Offline Stores
Explore full report with table of contents: https://bit.ly/2VAFOs5
Breakup by Region:
- North America
- Asia Pacific
- Europe
- Latin America
- Middle East and Africa
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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