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360-Degree Video Sharing Platforms

YouTube Partners with Giroptic to Introduce a New Video Format

— February 2, 2015 — Tech
The panoramic video camera has been on the market for some time now, but sharing it on various social platforms has not been; YouTube recently announced it will be supporting 360-degree video footage. This news comes hot on the heels of YouTube's partnership with Giroptic, "the biggest French Kickstarter project to date raising over $1.4 million of its original $150,000 goal. The startup’s flagship product will be the 360cam," reports Psfk.

More often than not, technology surpasses the platforms and interfaces with which to properly appreciate it. This 360-degree video platform provides just that so people are encouraged to use such cameras. YouTube appears to be celebrating its 10 year anniversary on a high note with its 360-degree video announcement.
Trend Themes
1. 360-degree Video Platforms - The rise of 360-degree video platforms allows for more immersive viewing experiences which could lead to further development of VR and AR technology.
2. Social Media Integration of 360-degree Videos - The ability to share 360-degree videos on social media platforms creates new opportunities for businesses to engage with their audiences.
3. Panoramic Cameras - With the integration of panoramic cameras on popular platforms like YouTube, there is a new market for companies to innovate and create new models of these cameras.
Industry Implications
1. Video Production - 360-degree videos require specific production techniques which can create a new market for video production companies and freelancers.
2. Social Media - The integration of 360-degree videos on social media platforms could lead to the development of new advertising strategies and marketing campaigns.
3. Virtual Reality - The use of 360-degree videos on virtual reality platforms could create new opportunities for immersive experiences, creating a more interactive and engaged audience.
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