We view the Active GyroCam as a product that bridges the gap between 3 key markets.
GoPro sold over 2.3 million cameras in 2012. GoPro also had greater than $100mm in sales in January of 2013 alone. People that own GoPro cameras also frequently own many accessories such as mounts and cases.
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The global camera industry generated of $55 billion in sales in 2010 and is expected to grow at a rate of 3% yearly.
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In the 5 most populare extreme sports, there are over 40 million participants in the US alone. Retail sales of action and extreme sports equipment and accessories reached $2.4 billion in 2010.
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