“The global underwater camera market has witnessed significant growth in recent years,” Fior says. “This growth is attributed to the rapid urbanization and increasing consumer spending capacity of the consumers, increasing penetration of the Internet and the rising influence of social media, and rising adoption of underwater cameras.”
Fior says that increased demand for what it calls “high-performance” underwater cameras will propel the market forward. These cameras would be the kind that is specially designed to capture images and videos underwater, primarily by consumers who are enjoying snorkeling or swimming but also for those that are remotely operated by underwater vehicles.
“The global underwater camera market is expected to witness significant growth, owing to the growing trend of sharing videos and photos over networking sites, advancements in technology, and the growing popularity of smart action underwater camera,” Fior claims. “The factors hampering the market growth are lack of awareness among individuals in some regions and the high cost of the products.”Read PetaPixel