Expert Market Research’s new report titled “Global Wearable Camera Market Size, Share, Price, Trends, Growth, Report and Forecast 2022-2027”, gives an in-depth analysis of the global wearable camera market, assessing the market on the basis of its segments such as application, type, product and major regions. The report tracks the latest industry trends and studies their impact on the overall market. It also assesses market dynamics, covering key demand and price indicators, as well as market analysis based on SWOT and Porter’s Five Forces models.
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Key highlights of the report include:
Market Overview (2017-2027)
• Forecast CAGR (2022-2027): 18.6%
The sports and adventure app is expected to account for the largest share of the wearable camera market. This growth is often linked to the increased use of wearable cameras in various sporting and adventure events. for example, it is worn by sports referees and umpires in games to record play by play of the game in progress. Moreover, it is increasingly being used by extreme sports enthusiasts like skydivers or scuba divers in order to record the whole experience hassle-free.
Industry definition and major segments
Wearable cameras are hands-free recording devices that allow individuals to record and livestream an occasion or situation while engaging in extreme sports like skydiving. It allows people to consider the task at hand with their hands and vision free, while the recording continues through the camera they are carrying. Additionally, wearable cameras are used by surgeons to record the surgical process for later review and by law enforcement officers to record any situations they encounter while on duty, such as work stoppages. traffic and sobriety tests, among others. These are often worn with a belt, clipped onto clothing, and can even be worn over the top.
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On the basis of application, the industry is divided into:
• Sports and Adventure
• Health care
On the basis of type, the industry is divided into:
• Head support
• Body support
• Ear support and smart glass
On the basis of product, the industry is divided into:
Regional wearable camera markets include:
• North America
• Asia Pacific
• Latin America
• Middle East and Africa
The regional growth in North America is attributed to the increased adoption of wearable cameras by law enforcement agencies in the region. The reason for this is often to extend transparency within the police work process and therefore the accountability of officers and to reduce instances of misconduct while recording the behavior of the citizen, for example when interviewing a suspect or a sobriety test. Moreover, these recordings would also be used as evidence in legal proceedings, such as incidents of violence.
Main market players
Major market players include GoPro Inc, Drift Innovation Ltd, Garmin Ltd, Narrative AB, Pinnacle Response Ltd., among others. The report covers market shares, capacities, plant rotations, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.
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* At Expert Market Research, we always strive to give you the latest information. The figures in the article are only indicative and may differ from the actual report.