Wearable Cameras Market Size, Type Analysis, Application Analysis, End-Use, Industry Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2023-2032
- Report ID: ME_0091036
- Format: Electronic (PDF)
- Publish Type: Publish
- Number of Pages: 250
Market Snapshot
Source: Market Expertz
| Study Period | 2019-2032 |
| Base Year | 2023 |
| Forcast Year | 2023-2032 |
| CAGR | 8.74 |
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The Wearable Cameras Market size is estimated to grow at a CAGR of 8.45% between 2022 and 2032. The market size is forecast to increase by USD 1,567.32 million. The growth of the market depends on several factors, including the increasing demand for personal safety and security, rising popularity of adventure sports and outdoor activities, and the growing trend of capturing experiences from a first-person perspective. Wearable cameras, also known as body cameras or action cameras, are compact devices that can be worn on the body or attached to accessories such as helmets, goggles, or clothing to capture high-quality photos and videos.
Wearable Cameras Market Overview:
Drivers:
One of the key factors driving the wearable cameras market growth is the increasing demand for personal safety and security. Wearable cameras provide individuals with a sense of security by allowing them to record their surroundings and interactions. These cameras are widely used by law enforcement personnel, security professionals, and individuals in high-risk professions to document incidents, gather evidence, and ensure accountability. The growing concern for personal safety, coupled with advancements in camera technology, is fueling the adoption of wearable cameras.
Moreover, the rising popularity of adventure sports and outdoor activities is also driving the market growth. Wearable cameras are extensively used by sports enthusiasts, athletes, and adventure seekers to capture their experiences from a first-person perspective. These cameras are designed to be rugged, waterproof, and shockproof, making them suitable for extreme environments. The ability to capture high-quality action footage and share it on social media platforms has contributed to the increasing demand for wearable cameras among outdoor enthusiasts.
Trends:
A key trend shaping the wearable cameras market is the integration of advanced features and technologies. Manufacturers are incorporating features such as image stabilization, voice control, GPS tracking, and live streaming capabilities into wearable cameras. These advancements enhance the user experience, improve the quality of captured footage, and provide additional functionalities. For example, image stabilization technology reduces camera shake and ensures smooth video recording, while GPS tracking allows users to geotag their photos and videos. The integration of these features enhances the overall value proposition of wearable cameras and drives their adoption.
Furthermore, there is a growing trend of wearable cameras being used for professional applications. Industries such as journalism, healthcare, sports coaching, and entertainment are increasingly utilizing wearable cameras to capture unique perspectives and enhance their operations. For instance, journalists can use wearable cameras to provide immersive reporting experiences, healthcare professionals can use them for training and documentation purposes, and sports coaches can use them to analyze player performance. The versatility and portability of wearable cameras make them a valuable tool in various professional settings.
Restraints:
One of the key challenges hindering the wearable cameras market growth is privacy concerns. The use of wearable cameras raises questions about privacy, consent, and data security. The recording capabilities of these cameras can potentially infringe on the privacy of individuals, leading to concerns about surveillance and unauthorized recording. To address these concerns, regulations and guidelines regarding the use of wearable cameras need to be established to ensure responsible and ethical usage.
Wearable Cameras Market Segmentation By Application:
The adventure sports and outdoor activities segment is estimated to witness significant growth during the forecast period. Wearable cameras are widely used by individuals participating in activities such as skiing, surfing, mountain biking, and skydiving to capture their experiences. These cameras are designed to be lightweight, durable, and capable of capturing high-quality action footage. The increasing popularity of adventure sports and the desire to document and share experiences on social media platforms are driving the demand for wearable cameras in this segment.
The law enforcement and security segment is also expected to contribute to the market growth. Wearable cameras are extensively used by law enforcement personnel, security guards, and private investigators to record incidents, gather evidence, and ensure transparency and accountability. These cameras provide a valuable tool for documenting interactions, enhancing situational awareness, and improving the safety of both law enforcement officers and the public.
Wearable Cameras Market Segmentation By Type:
The body-worn cameras segment is expected to dominate the market during the forecast period. Body-worn cameras are worn on the person, typically on the chest or shoulder, and provide a first-person perspective of the wearer's point of view. These cameras are widely used by law enforcement agencies, security personnel, and professionals in various industries. The ability to capture real-time footage, record audio, and provide an objective record of events has led to the widespread adoption of body-worn cameras.
Regional Overview:
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North America is estimated to contribute significantly to the growth of the global wearable cameras market during the forecast period. The region has a high adoption rate of wearable technologies and a strong emphasis on personal safety and security. The presence of key market players, technological advancements, and favorable government initiatives supporting the use of wearable cameras further support market growth in North America.
Europe is also expected to witness substantial growth in the wearable cameras market. The region has a thriving adventure sports and outdoor activities industry, driving the demand for wearable cameras among enthusiasts. Additionally, the increasing adoption of wearable technologies in professional applications, such as journalism and healthcare, is fueling the market growth in Europe.
Wearable Cameras Market Customer Landscape:
The wearable cameras market industry report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Who are the Major Wearable Cameras Market Companies?
Companies are implementing various strategies, such as product launches, partnerships, mergers and acquisitions, and geographical expansion, to enhance their presence in the market.
Some of the major companies operating in the wearable cameras market include:
- GoPro, Inc.
- Sony Corporation
- Garmin Ltd.
- DJI Technology Co., Ltd.
- Insta360
- Ricoh Company, Ltd.
- TomTom International BV
- Contour, LLC
- 360fly, Inc.
- Drift Innovation Ltd.
The research report also includes detailed analyses of the competitive landscape of the market and information about key market players. Data is qualitatively analyzed to categorize companies based on their market presence and strength.
Segment Overview:
The wearable cameras market report forecasts market growth by revenue at global, regional, and country levels and provides an analysis of the latest trends and growth opportunities from 2019 to 2032.
- Application Outlook (USD Million, 2019 - 2032)
o Adventure Sports and Outdoor Activities
o Law Enforcement and Security
o Others
- Type Outlook (USD Million, 2019 - 2032)
o Body-Worn Cameras
o Head-Mounted Cameras
o Others
- Geography Outlook (USD Million, 2019 - 2032)
o North America
- The U.S.
- Canada
o Europe
- K.
- Germany
- France
- Rest of Europe
o Asia Pacific
- China
- India
o South America
- Brazil
- Argentina
- Rest of South America
o Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
TABLE OF CONTENTS: GLOBAL Wearable Cameras MARKET
Chapter 1. MARKET SYNOPSIS
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique
Chapter 2. EXECUTIVE SUMMARY
2.1. Summary Snapshot, 2016 – 2027
Chapter 3. INDICATIVE METRICS
3.1. Macro Indicators
Chapter 4. Wearable Cameras MARKET SEGMENTATION & IMPACT ANALYSIS
4.1. Wearable Cameras Segmentation Analysis
4.2. Industrial Outlook
4.3. Price Trend Analysis
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.5.1. Power Of Suppliers
4.5.2. Power Of Buyers
4.5.3. Threat Of Substitutes
4.5.4. Threat Of New Entrants
4.5.5. Competitive Rivalry
Chapter 5. Change Wearable Cameras MARKET BY TYPE INSIGHTS & TRENDS
5.1. Segment 1 Dynamics & Market Share, 2019 & 2027
5.2. Recording Type
5.2.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)
5.2.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)
5.3. Live Streaming Type
5.3.1. Market Estimates And Forecast, 2016 – 2027 (USD M
5.3.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)
Chapter 6. Wearable Cameras MARKET BY APPLICATION INSIGHTS & TRENDS
6.1. Segment 2 Dynamics & Market Share, 2019 & 2027
6.2. Law Enforcement Agencies
6.2.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)
6.2.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)
6.3. Civil Usage
6.3.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)
6.3.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)
Chapter 7. Wearable Cameras MARKET REGIONAL OUTLOOK
7.1. Wearable Cameras Market Share By Region, 2019 & 2027
7.2. NORTH AMERICA
7.2.1. North America Wearable Cameras Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.2.2. North America Wearable Cameras Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.2.3. North America Wearable Cameras Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.2.4. North America Wearable Cameras Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.2.5. U.S.
7.2.5.1. U.S Wearable Cameras Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.2.5.2. U.S. Wearable Cameras Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.2.5.3. U.S. Wearable Cameras Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.2.5.4. U.S. Wearable Cameras Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.2.6. CANADA
7.2.6.1. Canada Wearable Cameras Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.2.6.2. Canada Wearable Cameras Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.2.6.3. Canada Wearable Cameras Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.2.6.4. Canada Wearable Cameras Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.3. EUROPE
7.3.1. Europe Wearable Cameras Estimates And Forecast, 2016 – 2027, (USD Million)
7.3.2. Europe Wearable Cameras Estimates And Forecast By Segment 1, 2016 –2027, (USD Million
7.3.3. Europe Wearable Cameras Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.3.4. Europe Wearable Cameras Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.3.5. GERMANY
7.3.5.1. Germany Wearable Cameras Estimates And Forecast, 2016 – 2027, (USD Million)
7.3.5.2. Germany Wearable Cameras Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.3.5.3. Germany Wearable Cameras Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.3.5.4. Germany Wearable Cameras Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.3.6. FRANCE
7.3.6.1. France Wearable Cameras Estimates And Forecast, 2016 – 2027, (USD Million)
7.3.6.2. France Wearable Cameras Estimates And Forecast By Segment 1, 2016 –2027, (USD Million
7.3.6.3. France Wearable Cameras Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.3.6.4. France Wearable Cameras Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.3.7. U.K.
7.3.7.1. U.K. Wearable Cameras Estimates And Forecast, 2016 – 2027, (USD Million)
7.3.7.2. U.K. Wearable Cameras Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.3.7.3. U.K. Wearable Cameras Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.3.7.4. U.K Wearable Cameras
7.4. ASIA-PACIFIC
7.4.1. Asia Pacific Wearable Cameras Estimates And Forecast, 2016 – 2027, (USD Million)
7.4.2. Asia Pacific Wearable Cameras Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.4.3. Asia Pacific Wearable Cameras Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.4.4. Asia Pacific Wearable Cameras Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.4.5. CHINA
7.4.5.1. China Wearable Cameras Estimates And Forecast, 2016 – 2027, (USD Million)
7.4.5.2. China Wearable Cameras Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.4.5.3. China Wearable Cameras Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.4.5.4. China Wearable Cameras Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.4.6. INDIA
7.4.6.1. India Wearable Cameras Estimates And Forecast, 2016 – 2027, (USD Million)
7.4.6.2. India Wearable Cameras Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.4.6.3. India Wearable Cameras Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.4.6.4. India Wearable Cameras Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.4.7. JAPAN
7.4.7.1. Japan Wearable Cameras Estimates And Forecast, 2016 – 2027, (USD Million)
7.4.7.2. Japan Wearable Cameras Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.4.7.3. Japan Wearable Cameras Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.4.7.4. Japan Wearable Cameras Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.4.8. AUSTRALIA
7.4.8.1. Australia Wearable Cameras Estimates And Forecast, 2016 – 2027, (USD Million)
7.4.8.2. Australia Wearable Cameras Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.4.8.3. Australia Wearable Cameras Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.4.8.4. Australia Wearable Cameras Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.5. MIDDLE EAST AND AFRICA (MEA)
7.5.1. Mea Wearable Cameras Estimates And Forecast, 2016 – 2027, (USD Million)
7.5.2. Mea Wearable Cameras Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.5.3. Mea Wearable Cameras Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.5.4. Mea Wearable Cameras Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.6. LATIN AMERICA
7.6.1. Latin America Wearable Cameras Estimates And Forecast, 2016 – 2027, (USD Million)
7.6.2. Latin America Wearable Cameras Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.6.3. Latin America Wearable Cameras Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.6.4. Latin America Wearable Cameras Estimates And Forecast By Production Process, 2016 –2027, (USD Million)
7.6.5. Latin America Wearable Cameras Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
Chapter 8. COMPETITIVE LANDSCAPE
8.1. Market Share By Manufacturers
8.2. Strategic Benchmarking
8.2.1. New Product Launches
8.2.2. Investment & Expansion
8.2.3. Acquisitions
8.2.4. Partnerships, Agreement, Mergers, Joint-Ventures
8.3. Vendor Landscape
8.3.1. North American Suppliers
8.3.2. European Suppliers
8.3.3. Asia-Pacific Suppliers
8.3.4. Rest Of The World Suppliers
Chapter 9. COMPANY PROFILES
9.1. Pinnacle Response
9.1.1. Company Overview
9.1.2. Financial Performance
9.1.3. Product Insights
9.1.4. Strategic Initiatives
9.2. Safety Vision LLC
9.2.1. Company Overview
9.2.2. Financial Performance
9.2.3. Product Insights
9.2.4. Strategic Initiatives
9.3. Wolfcom Enterprises
9.3.1. Company Overview
9.3.2. Financial Performance
9.3.3. Product Insights
9.3.4. Strategic Initiatives
9.4. PRO-VISION
9.4.1. Company Overview
9.4.2. Financial Performance
9.4.3. Product Insights
9.4.4. Strategic Initiatives
9.5. Shenzhen AEE Technology
9.5.1. Company Overview
9.5.2. Financial Performance
9.5.3. Product Insights
9.5.4. Strategic Initiatives
9.6. Transcend Information
9.6.1. Company Overview
9.6.2. Financial Performance
9.6.3. Product Insights
9.6.4. Strategic Initiatives
9.7. Shenzhen Eeyelog Technology
9.7.1. Company Overview
9.7.2. Financial Performance
9.7.3. Product Insights
9.7.4. Strategic Initiatives
9.8. 10-8 Video Systems LLC
9.8.2. Financial Performance
9.8.3. Product Insights
9.8.4. Strategic Initiatives
9.9 . Veho (MUVI)
9.9.2. Financial Performance
9.9.3. Product Insights
9.9.4. Strategic Initiatives
9.10. GoPro-Intrensic
9.10.1. Company Overview
9.10.2. Financial Performance
9.10.3. Product Insights
9.10.4. Strategic Initiatives
RESEARCH METHODOLOGY
A research methodology is a systematic approach for assessing or conducting a market study. Researchers tend to draw on a variety of both qualitative and quantitative study methods, inclusive of investigations, survey, secondary data and market observation.
Such plans can focus on classifying the products offered by leading market players or simply use statistical models to interpret observations or test hypotheses. While some methods aim for a detailed description of the factors behind an observation, others present the context of the current market scenario.
Now let’s take a closer look at the research methods here.
Secondary Research Model
Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources as well reputable industry magazines. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are studied thoroughly to have a comprehensive idea of the market taxonomy.
Primary Insights
Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.
However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.
Market Estimation
The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top- down approach.
Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators are considered to understand the current trends of the market. Each data point is verified by the process of data triangulation method to arrive at the final market estimates.
Final Presentation
The penultimate process results in a holistic research report. The study equips key industry players to undertake significant strategic decisions through the findings. The report encompasses detailed market information. Graphical representations of the current market trends are also made available in order to make the study highly comprehensible for the reader.
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