Report
DJI and Insta360 battle for smart camera dominance as GoPro declines
DJI and Insta360 account for over 90% of global handheld smart camera sales, the Financial Times reports, citing IDC.
TLDR
The Financial Times reports that DJI and Insta360 are competing for the global smart camera market after GoPro’s decline. Citing IDC, it says the two account for more than 90% of global handheld smart camera sales. DJI has introduced a panoramic camera, while Insta360 has launched a drone brand. Rest of World reports US restrictions block new DJI products, while Insta360 can register new ones. GoPro has agreed to a $285 million takeover.
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