Wearable Cameras Market Forecast, Trend Analysis & Competition Tracking – Global Review 2017 to 2022
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Wearable cameras can be worn or attached to a part of the body. The designs of wearable cameras often incorporate practical features and functions. Wearable cameras are head mountable, ear mountable and body mountable. These cameras can be used for recording and broadcasting real time incidences, without having to hold a camera in hand.
North America to Spearhead the Global Wearable Cameras Market
The wearable cameras market in North America is expected to remain highly lucrative during the forecast period (2017-2022) and is projected to exhibit a double-digit CAGR. This is primarily owing to the presence of a large number adventure seekers and outdoor sport enthusiasts who prefer to use wearable cameras to monitor and capture their field experience. Further, rise in disposable income and availability of cutting-edge wearable cameras in the region is also driving the growth of the market in the North America region.
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Head Mount Wearable Cameras Top Selling Product Type Segment
On the basis of product type, preference for head mount wearable cameras is significantly high and the trend is expected to continue over 2022. In terms of revenue, global sales of head mount wearable cameras currently account for more than 52% market share. Towards the end of the assessment period, around US$ 4,800 Mn worth head mount wearable cameras are anticipated to be sold globally.
Key market players profiled in Fact.MR’s report include Digital Ally, Inc., Garmin International, Inc., GoPro, Inc., iON America LLC, Narrative, Pinnacle Response, Axon Enterprise, Inc., VIEVU, Hitachi, Ltd., and General Electric Company.
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