Global Selfie Stick Market to Reach US$ 740 Million by 2028, Stimulated by the Rising Smartphone Usage

October 12, 2023 | Retail

According to the latest report by IMARC Group, titled “Selfie stick Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” the global selfie stick market size reached US$ 610 Million in 2022. A selfie stick is a handy device designed for smartphone users, allowing them to capture self-portraits or group photos with ease. It consists of an extendable rod with a holder or clamp at one end to securely hold a smartphone. The user extends the stick to the desired length, positions the phone in the holder, and then uses the stick's handle to extend the phone away from their body, enabling a wider field of view for photos and videos. Selfie sticks typically feature a button on the handle or a remote control that connects to the phone via Bluetooth, making it convenient to snap pictures without assistance.

Global Selfie Stick Market Trends:

The widespread adoption of smartphones with high-quality cameras is a major factor driving the selfie stick market. As more people use smartphones for photography and social media sharing, the demand for tools to improve selfie and group photo quality has increased. Additionally, the ever-growing importance of social media platforms like Instagram, Facebook, and TikTok has fueled the demand for selfie sticks. Users seek to create visually appealing content, and selfie sticks help them capture better selfies and videos for sharing online. Other than this, selfie sticks have become popular among travelers and tourists as they enable people to capture memorable moments during their journeys, enhancing the travel experience. This trend has driven sales, especially at tourist destinations. In line with this, vloggers, content creators, and influencers often rely on selfie sticks to create engaging videos and vlogs. The demand for quality content on platforms like YouTube and Twitch has led to increased sales in this segment. Furthermore, manufacturers have introduced innovative features, such as Bluetooth connectivity, remote controls, and stabilizers, making selfie sticks more user-friendly and versatile. On account of these factors, the market value is projected to reach US$ 740 Million by 2028, expanding at a CAGR of 3% during 2023-2028.

Market Summary:

Based on the product type, the market has been segmented into remote-triggered, wired and Bluetooth selfie sticks.
On the basis of the application, the market has been bifurcated into mobile phone and camera.
Based on the distribution channel, the market has been segregated into online stores offline stores.
Region-wise, the market has been divided into North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, others), Latin America (Brazil, Mexico, and others), and Middle East and Africa.
The competitive landscape of the market has also been examined, with some of the key players being Anker, Fromm Works, Fotopro, KobraTech, Kootek, Momax, Mpow, Satechi, Thinkmodo Inc., Xiaomi.

Report Scope:

Report Features	Details
Base Year of the Analysis	2022
Historical Period	2017-2022
Forecast Period	2023-2028
Units	US$ Million
Segment Coverage	Product Type, Application, Distribution Channel, Region
Region Covered	Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered	United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered	Anker, Fromm Works, Fotopro, KobraTech, Kootek, Momax, Mpow, Satechi, Thinkmodo Inc. and Xiaomi
Customization Scope	10% Free Customization
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Global Selfie Stick Market to Reach US$ 740 Million by 2028, Stimulated by the Rising Smartphone Usage

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