Press release
Body Worn Camera Market is estimated to grow at a CAGR of 17% by Forecast to 2023
Market Highlights:In this rapidly changing world of technology, body worn camera market is gaining immense popularity with the growing need to ensure safety with many companies and governments adopting the same. The body worn camera market comprises of type, solutions and industry segments.
It is typically used by law enforcement agencies to record traffic stops, arrests and interviews.
Body worn cameras are basically used to capture audio and video data digitally. It typically comprises of a camera, microphone, battery and data storage unit which is either on board or connected to a camera unit via a cable. Depending on the model, they can be head mounted or can be worn anywhere on the body. There are various types of body worn cameras which include the ability to record a video and play later or it can perform live streaming, depending on the system being used.
Body Worn Camera Market is primarily used for surveillance purposes by police and special law enforcement agencies. It helps in capturing evidence and recording the real time data. The major driving factor for the growth of body worn camera market is increasing need for accountability and maintenance of a transparent approach during police conduct.
Another major driving factor is that it can be used by military forces for training purposes and also can be used by special law enforcement agencies. Body worn cameras helps to provide evidence in cases of domestic violence. During accidents, it helps in improving evidence collection.
The body worn camera market is expected to grow at approx. USD 990 Million by 2023, at 17% of CAGR between 2017 and 2023.
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Major Key Players:
• Pinnacle Response Ltd. (U.K.)
• PRO-VISION (U.S.)
• Shenzhen AEE Technology Co. Ltd. (China)
• Safety Vision LLC (U.S.)
• GoPro-Intrensic (U.S.)
• Transcend Information, Inc. (Taiwan)
• Wolfcom Enterprises (U.S.)
• Veho (MUVI) (U.K.)
• 10-8 Video Systems LLC (U.S.)
• Shenzhen Eeyelog Technology Co. Ltd. (China)
• Pannin Technologies (U.S.)
Market Research Analysis:
The regional analysis of body worn camera market is being studied for regions such as Asia Pacific, North America, Europe and Rest of the World.
It has been observed that, Europe region is growing at the fastest rate and will soon overtake the North America region which is leading the market presently. Asia-Pacific region is growing at a fast pace in the body worn camera market.
Unlike other cameras, body worn cameras can provide accurate information of the crime scene as they are not fixed at one place. Due to this reason, the adoption of body worn cameras by the police officers in Europe region is growing. As this accounts to mass adoption by police officers and other governments, Europe region is soaring high in the body worn cameras market compared to other regions.
Body Worn Camera Market Segmentation:
The body worn camera market has been segmented on the basis of type, solutions and industry. The type segment comprises of recording type and recording and live streaming type.
Major driving factor in this market is that it can be used by military forces for training purposes and can also be used by special law enforcement agencies.
Segments:
Body worn camera market can be segmented on the basis of following:
By Type
• Recording Type
• Recording and Live Streaming Type
By Solutions
• Smart Redaction
• Smart Scene 360
• Smart Shot 360
By Industry
• Police
• Local Authorities And Council
• Special Industry
• Retail And Leisure
• Transportation
• Emergency Services
Regional Analysis:
The body worn camera market is basically focused globally. The regional analysis of body worn camera market is being studied for regions such as Asia Pacific, North America, Europe and Rest of the World.
It has been observed that presently North America accounts for the largest share of the market, whereas Asia-Pacific is projected to show growth during the forecast period. Europe region is estimated to exhibit significant market share of body worn camera market which is estimated to overtake the North America region by the end of this year.
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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
Table of Contents
1 Market Introduction
1.1 Introduction
1.2 Scope of Study
1.2.1 Research Objective
1.2.2 Assumptions
1.2.3 Limitations
1.3 Market Structure
2 Research Methodology
2.1 Research Type
2.2 Primary Research
2.3 Secondary Research
2.4 Forecast Model
2.4.1 Market Data Collection, Analysis & Forecast
2.4.2 Market Size Estimation
Continued…
List of Tables
Table 1 Body Worn Camera Market, By Type
Table 2 Body Worn Camera Market, By Solutions
Continued…
List of Figures
Figure 1 Research Type
Figure 2 Body Worn Camera Market, By Type (%)
Continued…
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