Selfie Stick Market Research Report covers the present scenario and the growth prospects of the Selfie Stick Industry for 2016-2020. Selfie Stick Market, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years and discussion of the key vendors effective in this market. To calculate the market size, the report considers the revenue generated from the sales of Selfie Stick globally.
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The Selfie Stick report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry.
Following Companies Are Key Players of the Selfie Stick Market:
“One of latest trends in the market is advances in selfie stick technology. The growing awareness and popularity of selfie sticks since their availability in 2013 have propelled manufacturers to add more and more features to gain a competitive advantage in the market. The earliest selfie sticks were just rods capable of holding phones, and the person had to manually click the camera button on the phone to take a picture. Later on, manufacturers introduced advanced selfie sticks, with Bluetooth functionality, that helped the users push a button at the end of the selfie stick to take pictures. After some time, selfie sticks with Bluetooth remotes made their way to the market, helping the users take pictures at the click of a button remotely.”
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According to the Selfie Stick report, one of the primary drivers in the market is declining prices of selfie sticks. The prices of selfie stick have gone down drastically since their launch in 2013. In 2013, selfie sticks were available at $30, depending on their functionality, warranty, the material used, and connectivity options. In 2016, the price reduced to $5 in the US and around $3 in the South Asian countries due to high proliferation of Chinese manufacturers in the global selfie stick market. The huge rise in the number of manufacturers helped reduce the price of selfie sticks and also impacted the quality and shelf life of these devices adversely. However, the low shelf life of selfie sticks is not a huge concern for the end-users as the quality of the picture depends on the quality of the camera and not the stick.
Report also presents Geographical Segmentation analysis of Selfie Stick Market of Americas, APAC, EMEA region.
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Further, the Selfie Stick report states that one major challenge in the market is widespread ban on selfie sticks. The ban on selfie sticks is now a global phenomenon. Sports arenas, museums, famous landmarks, music festivals, and theme parks across the world have started banning selfie sticks owing to security concerns. The authorities of Arsenal F.C. in the UK decided to ban selfie sticks because they can be used as a weapon. Similarly, in 2015, selfie sticks were banned by Rome’s Colosseum over fears that the famous landmark could get damaged by them. New York Metropolitan Museum of Art banned selfie sticks on account of visitor safety and art protection. The following exhibit shows some of the well-known places that have banned the use of selfie sticks.
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No of Pages: 76
Price of Report: $ 2500 (Single User License)
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