GoPro’s Decline From Action Camera Pioneer to Smartphone Market Victim
Financial analysts trace GoPro’s market struggles to the rapid advancement of smartphone photography, which has largely replaced dedicated action cameras. The company’s once-dominant niche has been eroded by ubiquitous mobile devices offering comparable video quality.
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How GoPro went from viral camera sensation to a victim of smartphone ubiquity
Advancements in smartphone technology have made GoPro cameras irrelevant to “anyone beyond hardcore sports enthusiasts or professional creators,” one analyst says.
By Bill Peters
Read full article →How GoPro went from viral camera sensation to a victim of smartphone ubiquity - Morningstar
How GoPro went from viral camera sensation to a victim of smartphone ubiquity Morningstar
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