openPR Logo
Press release

Wearable Cameras Market Overview, Trends, Growth and Opportunities Forecasted till 2022

01-11-2018 09:25 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

Fact.MR

Fact.MR

Fact.MR has recently added a new report to its vast online database. This research study is titled as “Wearable Cameras Market Forecast, Trend Analysis & Competition Tracking – Global Review 2017 to 2022” which presents an in-depth study about the production, consumption, market volume, revenue (million USD) and market share across different geographical regions.

Request Free Sample Report- https://www.factmr.com/connectus/sample?flag=S&rep_id=240

Demand for wearable cameras has surged owing to the rising popularity of adventure sports such as hiking, mountain biking, trekking, skiing and sky diving among other. Participants use wearable cameras to record and live stream their experience. In addition, the expansion of the travel and tourism industry is also influencing the global wearable cameras market. Many broadcasting studios are now using wearable cameras during live telecast of sporting events to provide exclusive player perspective or viewpoint. Players are mounted with wearable cameras during the game to offer an infield view to viewers. Use of wearable cameras has also increased in the defense sector due to their efficiency and high performance. Moreover, growing attraction towards outdoor activities and higher emphases on improving safety measures is also expected to make a positive impact on the global sales of wearable cameras over the next couple of years. On the other hand, the small size of wearable cameras makes them fragile and expensive, which to an extent has been deterring the prospects of the global wearable cameras market. According to the latest report published by Fact.MR, the global wearable cameras market will surge at a staggering CAGR of 13.4% during 2017 to 2022.

Additional Highlights from Fact.MR’s Report on Wearable Cameras Market Include:

· On the basis of product type, the head mount wearable camera segment is expected to remain dominant throughout the forecast period followed by the body mount wearable cameras. The head mount wearable camera segment currently represent a substantial percentage of the global market in terms of revenue. By the end of 2022, this segment is estimated to surpass a market valuation of US$ 4,800 Mn.

· By distribution channel, the sport stores segment is expected to retain its top position over the assessment period. In terms of revenue, the segment is projected to command for more than one-fourth market share by 2017-end. Between 2017 and 2022, the sport stores distribution channel segment is anticipated to exhibit a strong CAGR of 14%.

· On the basis application, the industrial segment is expected to stay highly attractive in the foreseeable future. Currently, the segment represents close to 24% revenue share of the global market for wearable cameras. Towards the end of forecast period, the industrial application segment is set to reach a market valuation of over US$ 2,300 Mn.

· By price-based, the economy and mid-range price segments are expected to dominate during the forecast period. Both the segments are expected to collectively account for nearly two-third revenue share of the global market by 2017-end.

· Among regions, North America will continue to lead the global market for wearable cameras during the forecast period. Sales of head mount wearable cameras is significantly high in the region. The market for wearable cameras in North America is projected to reflect a CAGR of 15.7% during 2017 to 2022.

Browse Full Report with TOC- https://www.factmr.com/report/240/wearable-cameras-market

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.

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.

Competition Tracking

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.

Check Discount- https://www.factmr.com/connectus/sample?flag=D&rep_id=240

About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Retail & Consumer Goods market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us
Fact.MR
Suite 9884
27 Upper Pembroke Street,
Dublin 2, Ireland
Telephone: +353-1-6111-593
Email: sales@factmr.com/
Web: https://www.factmr.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Wearable Cameras Market Overview, Trends, Growth and Opportunities Forecasted till 2022 here

News-ID: 895315 • Views: 145

More Releases from Fact.MR

Mini LED Market to Expand 7.5X by 2030, Finds New Study by Fact.MR
In recent years, increasing popularity of OLED TVs in China and India has been significantly influencing growth of the mini LED market. With an increase in disposable income of a majority of the population in these countries, the inclination towards smart screens with higher lifespan and better performance is expected to open up numerous growth opportunities for the mini LED market. Moreover, aspiring and affluent households have increased their spending
Uncertainty Surrounding COVID-19 to Shave-off Growth in Electrical Steel Market …
The global electrical steel market has utilized the opportunities in the market over the last decade with sales of electrical steel pegged at US$ 20.4 Bn in 2019. However, sales are set to plummet during in the middle two quarters of 2020 owing to COVID-19. In addition, several automakers have shuttered their production units, causing incalculable loss to the electrical steel market in 2020. However, the demand of electrical steel
07-02-2020 | Health & Medicine
Fact.MR
Medical Device Contract Manufacturing Market Set for Strong Growth, Production F …
The medical device contract manufacturing market is poised to expand at a CAGR of 11.3% during the forecast period (2020-2026). This is attributed to rapidly evolving healthcare industry and increasing adoption of technologically advanced surgical procedures. A number of original equipment manufacturers (OEMs) and contract manufacturers have been focusing on advanced technologies such as robotics, 3D-printing, and minimally invasive surgeries. Mergers & acquisition activities among leading players have greatly accelerated
06-02-2020 | Health & Medicine
Fact.MR
Fluid Management Market Expected to Grow Amid Covid-19, Finds Fact.MR
Growing prevalence of chronic disease and an expansion in numbers of geriatric population is leading to an upward facing growth curve for global fluid management market over the period of 2020 to 2025, states Fact.MR. It projects a compound annual growth rate or CAGR of about 5.3% for the market over this period, helping the market push its worth up significantly. It is significant to note here that while number of

All 5 Releases


More Releases for America

Latin America Colour Cosmetics Market
The colour cosmetics market in Latin America managed to keep its head above water over 2011-2016. The category recorded a CAGR of 1.7% despite a decline in value occurring towards the end of the period, Chile and Argentina offsetting the impact of economic crisis in Brazil and Venezuela. Direct selling still holds strong as the core channel for colour cosmetics purchases in the region but retail infrastructure is rapidly improving
South America Aviation Market
The South American aviation market was affected adversely by the financial crisis, which had originated in the United States and the sales were impacted adversely by the same, but the market has recovered, since. Furthermore, the good performance of regional jets sold by Embraer were termed profitable by users and could certainly turn the tide as aircraft orders from other airlines continue to increase. Rising income levels in the continent
Agrochemicals Market in North America
ReportsWorldwide has announced the addition of a new report title North America: Agrochemicals: Market Intelligence (2016-2021) to its growing collection of premium market research reports. The report “North America: Agrochemicals: Market Intelligence (2016-2021)” provides market intelligence on the different market segments, based on type, active ingredient, formulation, crop, and pest. Market size and forecast (2016-2021) has been provided in terms of both, value (000 USD) and volume (000 KG) in the
Make America Great Again
Help us open our Veterans' Home We don't know them all, but we owe them all... Lake Ariel, PA: FCPCF Inc. and National Auto Raffle invites you to enter the online Charity Auto & 50/50 Raffles (www.nationalautoraffle.com) and help us raise funds to open the doors of veterans' housing facility and provide housing to the homeless Veterans and their families in need. Every 1 in 4 homeless is a Veteran and its time
Latin America Oil & Gas Potential
Produced by The CWC Group, Latin American Oil and Gas Conference takes place on 25 – 27 October 2011, Mandarin Oriental Hotel, Miami, U.S.A. Organisers confirmed that the strategic conference will feature advanced insights from important organisations in the region alongside NOC’s showcases from Brazil, Mexico, Colombia, Trinidad & Tobago, Venezuela, Uruguay and Bolivia. Content centres on the development of the Latin America’s resources, the impact of shale
Mafi Designs America
Austrian Natural Wood Floor manufacturer establishes themselves in the high end New York Lifestyle market. “Successfully building a luxury Brand in the US is very important to our world wide marketing efforts,“ proclaims a happy Philippe S. Pezet, Partner Mafi USA, Inc & Export/Marketing Manger for the manufacturing company Mafi Holzverarbeitung from Austria. The Mafi brand name is recognized by leading architects and decorators in the Big Apple as being the