As the name implies, a 360-degree camera captures the entire world around it. They were a hot ticket item for a short time, with dozens of models available, including add-ons for trendy smartphones.
The height of the 360-degree phase has passed, but there are still quality options on the market. The use case has shifted, too—in the early days it was all about delivering spherical video for viewing on VR headsets, which have since found a niche for gaming, not media consumption.
Today, creators reach to 360-degree video cameras to gets shots they can't get with a single-lens model. Software pulls out, warps, and reframes dual-lens footage so it can cut right in with 16:9 footage.
The Insta360 X5 is our favorite 360-degree video camera, in part, thanks to its support for 8K30 or 5.7K60 recording and improved low-light quality versus the older X4. HDR capture comes in handy for environments with mixed lighting, while slow-motion bullet time and time-lapse features allow for lots of creativity. The camera is waterproof and can survive rough handling, too, so it's suitable for mounting and capturing action. Insta360's software tools put the X5 over the top because they make it easy to edit and reframe spherical video in novel ways, though they do come with a learning curve.
The GoPro Max2 brings major improvements over its predecessor, including sharper video and greater post-production flexibility. It's a powerful 360-degree alternative to traditional single-lens action cameras, and a compelling alternative to the Insta360 X5. Most notably, it boosts video resolution from the 5.6K of the original Max to 8K. It also improves slo-mo recording and has larger sensors, a bigger battery, additional microphones, and a larger touch screen, and GoPro's improved the editing experience to make it far more intuitive. If you subscribe to GoPro's cloud storage service, you'll also get daily highlights reels sent directly to your phone.
The Insta360 X3 is a good alternative to the X5 for creators who find its 5.7K30 recording rate to be good enough and want to get into 360 degree video for fewer dollars. Aside from the resolution, the X3 is very similar to newer models. Its twin lenses capture the entire world around the camera, and its companion app lets you creatively reframe and edit video so you can view it on a screen. It's the best 360-degree camera for creators on a budget.
Ricoh Theta X
The slim Theta X features a color display for phone-free setups and quick image reviews. It snaps 60MP images, records video at 5.7K quality, and includes 46GB of internal storage. It's a good fit for real estate and other 360-degree imaging applications.
Ricoh Theta Z1
Ricoh Theta Z1 51GB Black 360° camera
Both of the Theta Z1's lenses use a big, Type 1 sensor, so it produces better low-light photos than cheaper alternatives. Whether that advantage or the quality 23MP photos justify the camera's high price depends on your needs.
Matterport MC250 Pro2
Realtors and 3D model makers should consider the Matterport MC250 Pro2. It's a pro tool that requires a subscription to use, but it's invaluable for creating 3D models and all-around photos of interior spaces. If you want to create 3D models outdoors, the more durable Matterport Pro3 is a step-up option for $5,995.
The Insta360 One RS sets itself apart from dedicated 360-degree cameras because of its modular design. You can use its dual-lens 360 cam to roll 5.7K spherical footage, or swap in the 4K Boost lens for digitally stabilized 16:9 at up to 60fps, 6K CinemaScope at 24fps, and 48MP Quad Bayer stills.
Insta360 Pro 2
Production companies and VR pros should consider buying the $5,000 Insta360 Pro II. It records 8K footage, supports 3D, and can live stream at 4K quality.