VSN Mobil's V.360 is going on sale in mid-November. The price will be publicly announced in the coming weeks.
And VOXX Internationalâ€”the parent company of brands such as RCA and Audiovoxâ€”will sell the 360Fly starting in early 2015, although it has yet to determine its price.
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Paul Meeks, a senior analyst with Saturna Capital, questions how big the demand for the 360-degree camera will be. He's skeptical that the technology will be user-friendly enough for most consumers. For example, there's a variety of ways in which to view 360-degree footage, making the format far more robust than a single-framed shot that automatically fits nicely into a YouTube or Facebook video upload.
"It's a little dicey to think this is a going to be a big market," Meeks told CNBC. "I don't know if you'd buy the product unless you're very sophisticated."
Some of the new 360-degree cameras are intentionally being designed to be compatible with the same mounts that GoPro products use. GoPro's stock, which began trading in early June at $24 per share, has been trading at around $89 since the company's IPO later the same month. GoPro recently announced its most affordable product yet, the GoPro Hero at $129 â€”a stark contrast from its previous product offerings, which range in price from $200 to $500.
While Meeks thinks the 360-degree camera is too "niche" to create any major new trends in the portable gadget space, GoPro technology, too, likely faced its fair share of skeptics when the firm sold its first camera a decade ago in 2004.
So should GoPro be worried now?
When asked if they're developing their own version of the 360-degree camera, GoPro officials had no comment.