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Global Wearable Camera Market Top Leading Players with Strategies and Forecast 2022-2028

05-19-2022 02:58 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Reports

The global wearable camera market is anticipated to grow at a CAGR of 15.0% during the forecast period (2022-2028). It is worn by a person as an extension or part of a costume for recording media in the first person. The major factor expected to drive the market growth is the rising need for consumers for tracking fitness and digitizing medical records, and its extensive use in the sports and fitness industry. In addition, the increasing popularity of wearable cameras and the growing interest of individuals in sports and adventure activities, increasing use by law enforcement officers and the military for a variety of operations such as to improve officer safety and communication when working in stressful environments and secondly in the event where a situation gets out of hand and people lost their lives or get injured, they support to provide a factual account of what happened. These are some factors that propel the growth of the global wearable camera market during the forecast period.

Some major players in the market include Sony Corp., Garmin Ltd., and Axon Enterprise, Inc., among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, new product launches, and collaborations, to stay competitive in the market. For instance, in June 2020, KC Wearable a smart wearable technology company entered into a partnership with over 35 countries worldwide as authorities seek to control the spread of COVID-19. The collaboration is for working closely with police agencies and major transport hubs, such as airports and schools, and hospitals, and provide the KC N901 Smart Helmet, which employs a thermal camera that has been used to detect symptoms of COVID-19 in a range of different settings. Further, in October 2019, Panasonic's public safety solution division a part of Panasonic Corp. introduced an innovative new compact and lightweight body-worn camera (BWC) with a unique combination of features, including a user swappable battery with up to 12 hours of life, enabling law agencies to focus on their duties and not on charging batteries.

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Market Coverage
• The market number available for - 2021-2028
• Base year- 2021
• Forecast period- 2022-2028

• Segment Covered-
o By Type
o By Product
o By End-User Industry

• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World

• Competitive Landscape- Sony Corp., Garmin Ltd., and Axon Enterprise, Inc., among others.

Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

A full report of Global Wearable Camera Market is available at:
https://orionmarketreports.com/global-wearable-camera-market/108383/

Global Wearable Camera Market Report by Segment

By Type
• Head Mount
• Body Mount
• Ear Mount
• Smart Glass

By Product
• Cameras
• Accessories

By End-User Industry
• Sports and Adventure
• Security
• Military and Defence
• Manufacturing
• Healthcare
• Others

Company name: Orion Market Reports
Contact person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404

About us:
Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.

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