According to the “Global Handheld Smart Camera Tracker” report released by International Data Corporation (IDC) on March 21, the global market for action cameras grew by 72% year-over-year in 2025. Within this segment, the panoramic camera market surpassed $1.212 billion, marking an 88% year-over-year increase, as the overall market expanded significantly. Notably, the Chinese brand Insta360 continued to solidify its leading position, retaining the top spot in both global pan