Body Worn Camera (BWC) Market 2018 Global Key Players: Pinnacle Response Ltd, PRO-VISION, Shenzhen AEE Technology Co. Ltd by Forecast to 2023

Market Highlights:
Body worn cameras often used for sting operations as they record video digitally. Market Research Future (MRFR) has unveiled a research report about the global body worn camera market that observes massive boost for this market with 17% CAGR (Compound Annual Growth Rate) between 2018 and 2023.

In terms of cash, the market is expected to rise to the USD 990 mn. Observing the market structure, this report evaluates the future growth potential of the Body Worn Camera Market and assays the scenario of the key players in the market. It also covers the competitive developments such as joint ventures, new product developments, mergers and acquisitions, research and developments (R & D) in the market.

Useful for capturing evidence, they are primarily used for surveillance purposes by police and special law enforcement agencies. A key factor leading to their market growth include increasing need for accountability and maintenance of a transparent approach during police conduct. A major factor leading to the market growth includes usage by military forces for training purposes. Body-worn cameras are useful for compiling evidence in domestic violence cases.

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Major Key Players:
The key players in the global body worn camera market include 10-8 Video Systems LLC (USA), GoPro-Intrinsic (USA), Pannin Technologies (USA), Pinnacle Response Ltd. (UK), PRO-VISION (USA), Safety Vision LLC (USA), Shenzhen AEE Technology Co. Ltd. (China), Shenzhen Eeyelog Technology Co. Ltd. (China), Transcend Information, Inc. (Taiwan), Veho (MUVI) (UK), and Wolfcom Enterprises (USA).

Latest Industry News:
• Earlier this week, The Waco Police Department officially introduced new body-worn cameras after a quiet rollout over the last few weeks of the new technology that will document police interactions with the public. 13 SEP 2018
• The Napa council has signed a five-year, $572,069 contract with the Arizona-based Axon Company to equip about 80 police officers with the pocket-sized cameras, which can be worn on the chest or shoulder, by November or December, to record the police-people interaction. 8 SEP 2018

Segmentation:
The global body worn camera market has been segmented on the basis of industry, type, solution, and lastly region. As per the industry-based segmentation, the market has been segmented into emergency services, local authorities and council, police, retail and leisure, special industry, and transportation. Retail stores use body-worn cameras to prevent shoplifting.

By types, the market has been segmented into recording type and recording & live streaming type. In recording type, the camera records and saves the footage for offline viewing later. However, in the recording & live streaming type, the camera records and simultaneously broadcasts the footage in the real-time in order to be seen live. Based on solution, the market has been segmented into smart redaction, smart scene 360, and smart shot 360. Smart redaction uses cloud-based software to save and archive the recorded video footage.

Regional Analysis:
The regional segmentation of the global body worn camera market has been segmented into regional markets namely North America, Europe, Asia Pacific, and the rest of the world (RoW). Presently, North America holds the lion‘s share in the global market because the police and military in this region are very tech savvy and use camera extensively for surveillance. The biggest country-specific markets in these regions are the United States of America (USA) and Canada.

During the forecast period, Asia Pacific is expected to emerge as the fastest growing market. In this region, Japan is the most tech-savvy nation. According to the report, Europe region has been estimated to exhibit significant market share and overtake the North America region by the end of this year. Strong economies like France and the United Kingdom (UK) are likely to play a key role in the market growth.

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Intended Audience:
• Technology investors
• Consumer wearable manufacturers
• Integrated device manufacturers (IDMs)
• Wearable electronics technology platform developers
• Original equipment manufacturers (OEMs)
• Smart grid integrators
• Surface mount component device distributors and providers
• Research/Consultancy firms

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This release was published on openPR.