Topic
GoPro Inc’s Industry and Key Players
Instructions
Define the firm’s industry and identify the major players in the industry. Explain the alternative ways in which the industry could be defined and why you chose not to work with those alternative definitions.
Answer preview
GoPro Inc, simply known as GoPro, operates in Photographic Equipment & Supplies industry, with its specific deals including development and selling of cameras, wearable, and mountable accessories (Bloomberg L.P., 2018). In the industry, the company triumphed in operating in its domestic market, the United States, and international markets. Some of the company’s camera product include HERO5 and HERO6, diversified cloud-connected cameras; GoPro Plus, cloud-based storage solution offering subscribers opportunities for accessing, editing, and sharing contents; Quik, mobile and desktop-editing app; GoPro App, mobile app for preview and playback of videos and photos; and Karma Grip, body-mountable or handheld stabilizer used for capturing zero-shake smooth video.
Word count: 375