The latest report by IMARC Group, titled “Selfie Stick Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", offers a comprehensive analysis of the industry, which comprises insights on the global selfie stick market share. The global market size reached US$ 610 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 740 Million by 2028, exhibiting a growth rate (CAGR) of 3% during 2023-2028.
A selfie stick is a handy tool that allows individuals to extend the reach of their arm when taking pictures or recording videos with a smartphone or digital camera. It enables users to click photos of themselves from a distance, eliminating the need to rely on others for assistance. This proves especially valuable when taking a selfie becomes challenging, such as when attempting to capture photos of a large group of people or in environments with limited lighting conditions. It can be connected to other devices through a jack plug or Bluetooth controls. Users can easily take photos or videos by simply clicking on the button located on the handle of the selfie stick. It is known for its portability, lightweight design, and affordability, making it useful for capturing wider angle shots and reducing motion blur for more stable and creative shots. Some commonly available selfie stick variants include remote-triggered selfie sticks, wired selfie sticks, and Bluetooth selfie sticks. At present, the selfie stick is gaining immense traction across the globe, particularly among vloggers for shooting vlogs for their social media channels.
For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/selfie-stick-market/requestsample
Selfie Stick Market Trends and Drivers:
The global selfie stick market is primarily driven by the rising sales of consumer electronics such as smartphones and digital cameras due to inflating consumer disposable incomes. Moreover, the introduction of innovative features in selfie sticks is positively influencing the market growth. For instance, Thinkmodo, Inc., a US-based marketing firm, launched a selfie stick with a built-in fan and beauty lights to enhance image quality and provide a studio-like effect. Apart from this, the increasing selfie trends on popular social media platforms such as Facebook, Instagram, and Snapchat have augmented the demand for selfie sticks. Additionally, the emerging trend of capturing selfie streaks among friends and travel groups and the desire of taking selfies with celebrities and stars are other major growth-inducing factors. Along with this, the escalating need for selfies to capture cherished memories owing to the growing popularity of social media platforms that facilitate sharing photos and videos with others is propelling the market growth. Furthermore, the rising awareness about the benefits of selfie sticks in improving photography skills is contributing to the market growth. Besides this, the surging usage of selfie sticks by businesses and brands as promotional tools and the increasing adoption of selfie sticks in marketing campaigns have accelerated the product adoption rate. Other factors, including the rapid expansion in the travel and tourism sector, the proliferation of affordable selfie sticks, the growing number of travel enthusiasts and influencers, and reduced travel costs, are also anticipated to drive the market further.
Report Segmentation:
The report has segmented the market into the following categories:
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
Breakup by Region:
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
- Latin America (Brazil, Mexico)
- Middle East & Africa
Competitors Landscape with Key Players:
- Anker
- Fromm Works
- Fotopro
- KobraTech
- Kootek
- Momax
- Mpow
- Satechi
- Thinkmodo Inc.
- Xiaomi
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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