I’ve owned a lot of Gopro cameras, having done video capture for a variety of motorsports, and they just got too expensive for what you get.
Sounds very similar to another US company - Garmin. They are still popular, but have been raising prices a lot every generation, because for a long time there was no real competition [1]. At this point, Garmin watches that have mapping support have an introduction price of >600 Euro. Even at that price point, zooming or panning maps is excruciatingly slow (sometimes taking up to 10 seconds to re-render) because they have used the same CPU/MCU for multiple generations while increasing screen resolution. They also haven't really innovated a lot as of recently and are moving some new functionality behind a subscription.
This has opened a large gap for Chinese competition. Now you can get a Coros Nomad that goes head-to-head with models like the Garmin Enduro for 350 Euro. They don't have full feature parity yet, but they are so rapidly adding features that they will at some point. Also, in contrast to Garmin, they seem to be using modern microcontrollers, so panning or zooming a map is insanely fast in comparison, while still having ~20 days of battery for daily use.
[1] Of the traditional competitors, Apple Watch Ultra and Galaxy Watch Ultra have gotten closer, but are nowhere near the battery life, robustness, mapping support, mapping + workout support, etc.
It’s interesting that you mention Garmin - they’re a good example of pivoting from your original market (standalone gps units for cars) once you see a nimble competitor eating away at it (gps-enabled smartphones). Garmin would be dead if they had held fast on the standalone GPS market.
About 10 years ago I was looking for a rugged small camera. Found some by Garmin that were on a closeout sale. Excellent quality, never owned a GoPro so can't compare but I used them in similar applications and they never had an issue.
I have a love/hate relationship with Garmin.
As a motorcyclist and sailor, their hardware is second to none in terms of build quality and robustness. The ability to look down at my Zumo GPS on my motorcycle in a rain storm on a dirt road and have it respond to my wet dirty glove is a close to magic as you will get.
Then there's the watches, the Instinct range is ok but I have a button that doesn't pop back out, my wife's vivoactive suffered the well known touch failure.
However, as a UXer I will say that across all products the software interaction model sucks balls. "China" can and will produce hardware to meet a price point, its not that they can't build good products.
As soon as "China" figures out how to do good UX, the last moat western companies have will fall.
> Garmin watches that have mapping support have an introduction price of >600 Euro. Even at that price point, zooming or panning maps is excruciatingly slow
I just got a Garmin Instinct 3 Solar. It does mapping, and cost me about $300 US.
You're right that it's slow due to a wimpy processor. But the processor isn't because they're too lazy to innovate, but because they have something sipping tiny amounts of power so that I can get a battery life of several weeks.