A method of providing a panoramic image and an imaging device thereof. The method may include: extracting at least one panoramic section, which is to generate a panoramic image, from moving picture data; displaying at least one thumbnail image respectively corresponding to the at least one panoramic section on a display screen; and if one of the at least one thumbnail image is selected, generating a panoramic section corresponding to the selected thumbnail image as a panoramic image. Therefore, even if a user performs capturing without the aim of acquiring a panoramic image at a capturing time, the user can aquire a panoramic image later by using moving picture data.