Global Wearable Camera Market

Global Wearable Camera Market Size, Share, Growth Analysis, By Type(Head Mount, Body Mount), By Application(Sports & Adventure, Security) - Industry Forecast 2022-2028


Report ID: SQMG20D2006 | Region: Global | Published Date: September, 2022 | Pages: 157

Global Wearable Camera Market Insights

The Global Wearable Camera Market was valued at USD 6.28 Billion in 2021, and it is expected to reach a value of USD 17.07 Billion by 2028, at a CAGR of 15.3 % over the forecast period (2022-2028).

A wearable camera is a camera that can be worn as an extension or as part of a costume to record media in the first person. A wearable camera has multiple sensors such as a microphone, inertial measurement units, and an imager, making it a viable alternative to cameras operated by another person for recording media. Because of their ease of use and portability, wearable cameras have found widespread application in a variety of industries such as sports/fitness, crime control, healthcare, and so on.

Furthermore, recent advances in lifelogging, primarily due to the rapid development of wearable cameras, have enabled us to continuously capture moments from our lifestyles from a first-person perspective. Extraction and re-experimentation of moments illustrated by autobiographic images are of specific interest for boosting episodic memory in patients with neurodegenerative diseases such as Alzheimer's, mild cognitive impairment, and so on. The wearable camera Wearable Camera Market includes a variety of products that can be mounted on the head, body, or ear. Among these, head mount wearable cameras have gained enormous popularity among global users, owing to large applications in outdoor activities, such as underwater recording.

Along with that, the travel and tourism industry and the sports industry made significant strides, providing a strong impetus to the wearable cameras market. Wearable cameras have gained traction among broadcasting studios for live streaming of sporting events from the various vantage points of the players on the field, fueling the evolution of the wearable cameras market. While wearable cameras are more commonly used in industries such as sports and entertainment, they are also increasingly being used by law enforcement officers to record footage while in danger zones, which can then be used to strategize and plan specific events, among other applications. As a result of increased applications and technological advancements in wearable cameras, the market is expected to grow exponentially in the coming years.

Market snapshot

Global Market Size

USD 6.28 Billion

Largest Segment

Head Mount

Fastest Growth

Head Mount

Growth Rate

15.3% CAGR

Global Wearable Camera Market, 2021-2028 ($ Bn)
Country Share for North America Region- 2021 (%)
Global Wearable Camera Market Size By Type, 2021-2028 ($ Bn)
Global Wearable Camera Market Size By Type, 2021-2028 (%)

To get more reports on the above market click here to Buy The Report

Global Wearable Camera Market Segmental Analysis

The Global Wearable Camera Market is segmented Based on Type, Application and Region. Based on Type it is categorized into Head Mount, Body Mount, Ear Mount, and Smart Glass, Based on Application it is categorized into Sports & Adventure, Security, Healthcare, Military & Defense, and Other. Based on region it is categorized into: North America, Europe, Asia-Pacific, South America, and MEA.

Analysis by Application

Based on application, the sports and adventure segment are expected to hold a significant market share in the wearable camera industry. This increase can be attributed to the increased use of wearable cameras in a variety of sports and adventure events. For example, sports referees and umpires wear it during games to record play-by-play of the sport being played. Furthermore, extreme sports enthusiasts such as skydivers and underwater divers are increasingly using it to record the entire experience without any hassle. Furthermore, as sports and adventure activities such as hiking and river rafting become more popular, people are increasingly investing in wearable cameras. These factors are expected to have a positive impact on Wearable Camera Market growth during the forecast period.

Analysis by Type

In 2021, Head Mount segment has dominated the market. Rapid technological advancements in wearable camera technology are expected to drive industry growth during the forecast period. Furthermore, with the advent of social media platforms, people are more interested than ever in sharing their lives and special moments online. Furthermore, wearable cameras are becoming increasingly popular in the broadcasting industry because they allow for the first-person point of view shot, allowing for autobiographical capturing of daily life, which is an opportunity for liveblogging enthusiasts. Other advantages of wearable cameras include a compact and sturdy body that is suitable for all terrains, self-adjusting focus, automatic lighting adjustment, large storage, and incredible portability with hands-free recording capability. These factors are expected to have a positive impact on the wearable camera market's growth.

Global Wearable Camera Market By Type, 2021(%)

To get detailed analysis on other segments, Request For Sample Report

Global Wearable Camera Market Regional Insights

North America is expected to account for a large segment of the wearable camera market during the forecast period. This increase can be attributed to the region's law enforcement agencies' increased use of wearable cameras. The possible explanation for this is to increase transparency in the police investigation process, increase officer accountability, and reduce instances of misconduct while also recording the citizen's behavior, such as during a suspect interview or a sobriety test. Furthermore, these recordings could be used as evidence in court, such as in cases of domestic violence. These factors are expected to catalyze the global wearable camera industry's growth during the forecast period.

Global Wearable Camera Market By Geography, 2021 - 2028
  • Largest
  • Fastest

To know more about the market opportunities by region and country, click here to
Buy The Complete Report

Global Wearable Camera Market Dynamics

Driver

  • Consumers' increasing willingness to track their fitness and digitize their medical records has increased the demand for medical wearable camera devices. for instance, Wearable cameras embedded with other software and hardware, can determine nutrition facts and characterize different food types using image processing techniques. The device's features are expected to have a positive impact on the industry.
  • Wearable cameras are becoming popular in a variety of sports, with referees, goalies, catchers, and umpires using them for live recording, as well as skydivers, skiers, surfers, and riders using them to record and share their experiences. The growing popularity of wearable cameras, as well as individuals' growing interest in sports and adventure activities, are expected to drive Wearable Camera Market demand.
  • Law enforcement officers and the military are increasingly using wearable cameras for a variety of operations. Body cameras worn by police officers serve two purposes: first, they improve officer safety and communication when working in stressful environments, and second, if a situation escalates and people are injured or lives are lost, they help to provide a factual account of what occurred. Furthermore, wearing body cameras has proven to be invaluable to law enforcement in numerous studies commissioned by the United States Department of Justice. According to a Rialto study on body cameras, the California Police Department alone found a 90% decrease in citizen complaints against officers who wore body cameras. Therefore, with an increase in the use of wearable cameras for law enforcement activities, the market is set to grow significantly during the forecast period.

Restraint

  • In recent years, social issues associated with wearable cameras such as illegal surveillance, media recording without permission, and so on have become quite prevalent. As a result, other illegal activities such as piracy and cyberbullying have increased in popularity, as the footage may have been secretly recorded and used for illicit purposes. As a result, places such as music festivals and offices, among others, have prohibited the entry of anyone wearing a camera, potentially stifling Wearable Camera Market growth.
  • High cost is another factor that hinder the growth of the Global Wearable Camera Market. Wearable cameras are more expensive than traditional cameras, which reduces their popularity. Furthermore, a lack of awareness among individuals in some regions is a factor limiting the Global Wearable Camera Market's growth.

Speak to one of our ABIRAW analyst for your custom requirements before the purchase of this report

Global Wearable Camera Market Competitive Landscape

Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the Global Wearable camera Market. Many major firms are shifting their focus to the introduction of new products into the market. Digital Ally, Panasonic, Garmin, GoPro, and Narrative are among the prominent/major key Wearable Camera Market players in the Global Wearable Camera Market. To gain a competitive advantage over their competitors in this market, players in the Global Wearable Camera Market are implementing various growth strategies. Major market players have been covered, as have their relative competitive strategies, and the report also mentions recent deals and investments made by different Wearable Camera Market players over the last few years.

Top Players Company Profiles

Recent Developments

  • In June 2022, Apple won a patent for a unique camera placement on the Apple Watch.
  • In May 2022, Nokia launched a digital twin, 5G video camera; partners Savox for industrial wearable devices.
  • In May 2022, Motorola announced the launch of Razr 3 Set, First Smartphone With a 200MP Camera.
  • In October 2021, DJI announced the release of the DJI Action 2, an update to the original DJI Action compact camera. The Action 2 features an interchangeable and adaptive magnetic design that can accommodate a variety of framing, shooting, and monitoring accessories. With a weight of 56 grams, the Action 2 is both smaller and more powerful than the original Action camera.
  • In September 2021, GoPro's flagship camera, the HERO10 Black, was released internationally. The latest high-performance GP2 processor is used in the new action camera. The device has a higher resolution 23-megapixel sensor and improved low-light performance, and it can record 5.3K video at 60 frames per second. HyperSmooth 4.0 video stabilization is also included.

Global Wearable Camera Key Market Trends

  • As an effect of the growing popularity of wearable cameras manufacturers is investing in R&D to create better products. Manufacturers have been observed making significant investments to develop new products and at the same time improve user experience. Furthermore, researchers are focusing on developing dependable and cost-effective products.
  • The COVID – 19 pandemics has hindered the growth of the wearable camera market, as many sporting events that rely heavily on body cameras were canceled as a result of the pandemic. Furthermore, activities such as lifelogging, etc., came to a halt as a result of restrictions on people's movement around the world, reducing the usage and demand for wearable cameras.

Global Wearable Camera Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.

According to SkyQuest analysis, the growing demand for convenience and exceptional experience of cameras has increased the growth and penetration of wearable cameras. The growing demand for smartphones, easy accessibility to the internet, and high-speed data networks have resulted in the increasing usage of these cameras. The growing adoption of wearable cameras in the security and medical sectors is anticipated to revolutionize the Wearable Camera Market by 2028.

Report Metric Details
Market size value in 2021 USD 6.28 Billion
Market size value in 2028 USD 17.07 Billion
Growth Rate 15.3%
Base year 2021
Forecast period 2022-2028
Forecast Unit (Value) USD Billion
Segments covered
  • Type
    • Head Mount, Body Mount, Ear Mount, Smart Glass
  • Application
    • Sports & Adventure, Security, Healthcare, Military & Defense, Other
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
Customization scope

Free report customization with purchase. Customization includes:-

  • Segments by type, application, etc
  • Company profile
  • Market dynamics & outlook
  • Region

To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.

Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share

Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Global Wearable Camera Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Global Wearable Camera Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Global Wearable Camera Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Wearable Camera Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Wearable Camera Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Global Wearable Camera Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

$3,500
BUY NOW GET SAMPLE
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

SPEAK TO AN ANALYST

FAQ's

The Global Wearable Camera Market was valued at USD 6.28 Billion in 2021, and it is expected to reach a value of USD 17.07 Billion by 2028, at a CAGR of 15.3 % over the forecast period (2022-2028).

Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the Global Wearable camera Market. Many major firms are shifting their focus to the introduction of new products into the market. Digital Ally, Panasonic, Garmin, GoPro, and Narrative are among the prominent/major key Wearable Camera Market players in the Global Wearable Camera Market. To gain a competitive advantage over their competitors in this market, players in the Global Wearable Camera Market are implementing various growth strategies. Major market players have been covered, as have their relative competitive strategies, and the report also mentions recent deals and investments made by different Wearable Camera Market players over the last few years.'Reveal Media Limited (US)','Axon Enterprises Inc. (US)','Pinnacle Response Ltd. (Ireland)','WatchGuard Technologies Inc. (US)','GoPro Inc. (US)','Panasonic Corporation (Japan)','Coban Technologies Inc. (US)','Transcend Information Inc. (Taiwan)','Digital Ally (US)','Panasonic (Japan)'

Consumers' increasing willingness to track their fitness and digitize their medical records has increased the demand for medical wearable camera devices. for instance, Wearable cameras embedded with other software and hardware, can determine nutrition facts and characterize different food types using image processing techniques. The device's features are expected to have a positive impact on the industry.

As an effect of the growing popularity of wearable cameras manufacturers is investing in R&D to create better products. Manufacturers have been observed making significant investments to develop new products and at the same time improve user experience. Furthermore, researchers are focusing on developing dependable and cost-effective products.

North America is expected to account for a large segment of the wearable camera market during the forecast period. This increase can be attributed to the region's law enforcement agencies' increased use of wearable cameras. The possible explanation for this is to increase transparency in the police investigation process, increase officer accountability, and reduce instances of misconduct while also recording the citizen's behavior, such as during a suspect interview or a sobriety test. Furthermore, these recordings could be used as evidence in court, such as in cases of domestic violence. These factors are expected to catalyze the global wearable camera industry's growth during the forecast period.

Speak With Our Analyst

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

logo-images

Feedback From Our Clients

Global Wearable Camera Market

Product ID: SQMG20D2006

$3,500
BUY NOW GET SAMPLE