What are the latest figures on the phone tripod market’s size and projected CAGR?
The phone tripod market size has grown rapidly in recent years. It will grow from $3.35 $ billion in 2024 to $3.7 $ billion in 2025 at a compound annual growth rate (CAGR) of 10.3%. The growth in the historic period can be attributed to increasing demand for high-quality visual content, the rising trend of remote work and online communication, growing internet usage, expanding e-commerce channels, and the and the rising popularity of content creation across platforms such as YouTube and Instagram.
The phone tripod market size is expected to see rapid growth in the next few years. It will grow to $5.44 $ billion in 2029 at a compound annual growth rate (CAGR) of 10.1%. The growth in the forecast period can be attributed to rapid sales of smartphones, growing access to the internet, an increasing number of travelers and food bloggers, a rise in the requirement for capturing video in professional 4K quality, and a and a rising trend of remote work and online communication. Major trends in the forecast period include technological advancements, new product launches of phone tripods, versatile tripods with multifunctional features such as integrated lights and AI-driven stabilization, designs prioritizing portability for on-the-go users, recent developments, and more pocketable and compact versions of phone tripods.
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Which Market drivers have played a significant role in driving the phone tripod market?
The rapid demand for smartphones is expected to propel the growth of the phone tripod market going forward. Smartphones are handheld electronic devices that combine the functionalities of a mobile phone with advanced computing capabilities. The rapid sales of smartphones can be attributed to factors such as increased internet penetration, affordability and diverse pricing, changing consumer behavior, and fashion and social influence. Phone tripods enhance the usability of smartphones for photography and videography, attracting content creators and boosting device appeal. For instance, in August 2024, according to Business of Apps, a UK-based B2B media and information platform, a total of 148.2 billion apps and games were downloaded in 2023, reflecting a 3.9% growth compared to 2022. Therefore, the rapid demand for smartphones will drive the growth of the phone tripod market.
What are the key segments within the phone tripod market?
The phone tripodmarket covered in this report is segmented –
1) By Type: Traditional, Tabletop, Flexible
2) By Connectivity: Wireless, Wired
3) By Size: Upto 10 Inches, 11-20 Inches, 21-30 Inches, Above 30 Inches
4) By Sales Channel: Specialty Stores, Online Retailers, Department Stores, Supermarkets Or Hypermarkets, Other Sales Channels
Subsegments:
1) By Traditional: Full-Size Tripods, Lightweight Tripods
2) By Tabletop: Mini Tripods, Compact Tripods
3) By Flexible: Gorillapod Style Tripods, Bendable Tripods
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Which key players are shaping the phone tripod market?
Major companies operating in the phone tripod market are Samsung Electronics Co. Ltd., Canon Inc., Nikon Corporation, Hama GmbH & Co KG, Vanguard World LLC, Manfrotto Ltd., Targus Corporation, Peak Design LLC, Gitzo S.A., The Tiffen Company LLC, Ravelli, SLIK Corporation, K&F Concept, Cullmann GmbH, Sirui Optical Co. Ltd., Benro BV, Neewer Technology Co. Ltd., Velbon Corporation, MeFOTO, Guangdong Fotopro Optics Technology Co. Ltd., ZOMEI, Promaster, Triopo, 3 Legged Thing
Which transformative trends will shape the phone tripod market landscape?
Major companies operating in the phone tripod market are developing smart modular solutions, such as AI-powered smartphone tripods, to attract tech-savvy users, enhance product differentiation, and drive growth in the competitive market. The AI-powered smartphone tripod offers advanced face-tracking and 360° rotation without needing apps, Wi-Fi, or Bluetooth, enhancing video and photo capture with automated precision. For instance, in July 2022, Hohem Technology, a China-based camera equipment manufacturer, launched the Hohem Go. This advanced AI-powered 360° smartphone tripod operates without apps, Wi-Fi, or Bluetooth. It also features dual motors for silent 360° rotation, auto-tilt up to 30°, and tracks faces using its built-in camera, making it ideal for content creators and video calls. This tripod weighs just 300g, and it is portable and versatile, with a 2000mAh battery providing up to 10 hours of use. The Hohem Go also includes gesture control and can be used on tables or mounted on traditional tripods, ensuring privacy as it does not require any connectivity for operation.
How do regional factors impact the phone tripod market, and which region is the largest contributor?
North America was the largest region in the phone tripod market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the phone tripod market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Phone Tripod Market Report 2025 Offer?
The phone tripod market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
A phone tripod refers to a three-legged stand specifically designed to hold and stabilize smartphones during photography or video recording. It provides a steady base, reducing shake and enabling sharper images or smoother videos, whether used for professional purposes, content creation, or casual photography. They are popular among photographers, vloggers, and anyone seeking improved stability and precision for capturing photos and videos on their smartphones.
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