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The market for body-worn cameras is dependent upon the impact of various market factors, which altogether add to its extension and movement. The extending market is essentially impelled by the developing misgiving with respect to public wellbeing and the basic for straightforwardness across different areas. A developing number of substances, including security staff, policing, and experts in transportation and medical care, are recognizing the criticality of having a reliable and successful instrument for reporting occasions and cooperations. Thus, there has been a significant flood in the interest for body-worn cameras, and this example is expected to persevere because security contemplations stay fundamental.
The market climate for body-worn cameras is fundamentally impacted by legislative approaches and guidelines. Regulations governing the operation of surveillance equipment have been enacted in response to the growing awareness of privacy concerns. Much of the time, the allowed qualities of body-worn cameras, conventions for information capacity, and security shields are endorsed by these guidelines. Market members really should stay informed about these administrative headways to ensure that their items adjust to lawful commitments and industry standards. Consistence with guidelines effectively develops market certainty and helps in the relief of legitimate entrapments for end-clients. Huge market elements are impacted by the moderateness and cost-viability of body-worn cameras.
Albeit high level mechanical elements have been consolidated because of innovative advancement, cost keeps on being a critical component for the two makers and shoppers. Smaller security companies as well as large law enforcement agencies make up the market's diverse clientele; in this way, arrangements that are affordable are fundamental for their far-reaching reception. Flaunting the capacity to figure out some kind of harmony among moderateness and modern functionalities, makers accomplish an upper hand that improves the accessibility of body-worn cameras in different market areas. The cutthroat climate of the Body-Worn Camera not set in stone by how market members approach development and separation.
As the business advances, makers attempt to separate their merchandise by consolidating particular credits, upgraded life span, and worked on functional abilities. While pursuing buying choices, it is basic to think about item trustworthiness, ease of use, and similarity with prior frameworks. Laid out firms and new participants coincide on the lookout, with the last option habitually presenting troublesome innovations or focusing on specialty markets to get a traction.
Extra factors that impact the market elements of body-worn cameras are international in nature. The worldwide interest for these gadgets is affected by security dangers, political flimsiness, and the need for productive policing. Varieties in the level of reception might be seen across districts because of particular security challenges and social variables. Because of this global perspective, market participants need to be adaptable to changing market conditions and tailor their goods or services to meet the needs of different regions. Mechanical headways stay a predominant impetus on the lookout for body-worn cameras.
These gadgets' capacities are improved through the fuse of man-made reasoning, AI, and high-level sensor innovations. Body-worn camera functionalities including constant investigation, facial acknowledgment, and item recognition upgrade their adequacy as well as work with the improvement of novel applications that reach out past customary reconnaissance. Market members who designate assets towards innovative work to keep a main situation in mechanical progressions are all the more suitably situated to take advantage of creating patterns and satisfy moving requests of clients.
Report Attribute/Metric | Details |
---|---|
Market Size Value In 2022 | USD 0.6 Billion |
Market Size Value In 2023 | USD 0.69 Billion |
Growth Rate | 16.40% (2023-2032) |
The body-worn camera market size was valued at USD 0.69 Billion in 2023. The body-worn camera industry is projected to grow from USD 0.79 Billion in 2024 to USD 2.66 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 16.4% during the forecast period (2024 - 2032). The rise in the adoption of the body-worn camera, as it allows for capturing evidence and recording real-time data and the increasing need for accountability and maintenance of a transparent approach during police conduct are the key market drivers enhancing the market growth.
Figure 1: Body-Worn Camera Market Size, 2024-2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Market CAGR for body-worn cameras is driven by the increased adoption of body-worn cameras in various applications in sports and adventure segments. They are being used by goalies, catchers, referees, and umpires for the live recording of the sport, and skydivers, skiers, surfers, and riders for recording and sharing the adventurous moments with the rapidly expanding popularity of these cameras and the increasing interest of people in sports and adventurous activities. Also, the increasing need for consumers to track fitness and digitize medical records has increased demand for medical wearable camera devices. Body-worn cameras embedded with other software and hardware can determine nutrition facts and categorize food types via image processing techniques. These features offered by the device are anticipated to influence the industry positively.
Additionally, technological advancements have long since introduced cameras embedded in our smartphones; introducing wearable cameras has taken the technology to new heights. In the past few years, the US has recorded significant growth in the wearable camera market. Companies such as Narrative, Sony, and Panasonic are designing camera-equipped glasses and smaller life-logging devices that clip on outfits and allow hands-free documentation of the lives of surfers, snowboarders, and rock climbers. Continuous innovations have led to the introduction of compact and easily attachable cameras that can be used in extreme situations where it is impossible to hold traditional cameras or recorders. Internet connectivity and high-speed data network have significantly extended the capabilities of wearable cameras, enhancing market penetration on a scale and value share accumulation in an array of industry verticals. In the medical and security sectors, lack of trust, data breaches, and criticality drive the growth of the body-worn camera market revenue.
Facial recognition is expected to assist law enforcement agencies in evidence management and public reassurance by providing real-time updates or notifications regarding any suspicious activity or person caught. The London Police have already implemented facial recognition-enabled body-worn cameras, which help identify illegal immigrants, counter-terrorism, and increase national security. Thus, integrating facial recognition technology in body-worn cameras is anticipated to present a lucrative opportunity for the players working in the body-worn camera market during the forecast period.
Additionally, the recorded videos can help uncover facts and facilitate the quicker resolution of complex issues. Wearable cameras are also useful in covering areas covertly, which is particularly important in localities or areas where there is an evident lack of trust and confidence in law enforcement authorities. In such cases, the video documentation of events can prove accounts articulated by officers and community residents.
The body-worn camera market segmentation, based on operation, includes recording type and live streaming & recording. The recording type segment dominated the market, accounting for 35% of market revenue (0.24 Billion). In developing economies, category growth is driven as they are used for numerous purposes such as documentation, recording interactions with witnesses and victims during police-public encounters, critical incidents and arrests. However, live streaming & recording is the fastest-growing category due to the growing popularity of live videos has encouraged musicians to stream live on sites such as YouTube Live, Facebook, Instagram, and Twitter's Periscope.
The body-worn camera market segmentation, based on resolution, includes 4K, full HD, HD, and others. The full HD category generated the most income (70.4%) owing to increased demand for high-resolution content and sharp picture quality offered by body-worn cameras. However, 4K is the fastest-growing category due to increasing demand for original and ultra-high-resolution content.
Figure 2: Body-Worn Camera Market, by Resolution, 2022 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
The body-worn camera market segmentation, based on resolution, includes law enforcement, military, transportation, sports & leisure, and others. The law enforcement category generated the most income (70.4%) owing to rising awareness regarding the safety of law enforcement among consumers. However, transportation is the fastest-growing category due to the increasing demand for advanced cameras enabled by emerging technologies in the automotive industry.
By region, the study provides market insights into North America, Europe, Asia-Pacific and the Rest of the World. The North American body-worn camera market will dominate owing to the growing adoption of Ultra-High-Definition (UHD) devices, expansion of UHD content, and growing consumer preference for viewing content via subscription-based OTT platforms, such as Netflix and HBO Now will boost the market growth in this region. Further, the US body-worn camera market held the largest market share, and the Canadian body-worn camera market was the fastest-growing market in the North American region.
Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 3: BODY-WORN CAMERA MARKET SHARE BY REGION 2022 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe's body-worn camera market accounts for the second-largest market share due to the rising consumer awareness about content digitization in emerging countries. Further, the German body-worn camera market held the largest market share, and the UK body-worn camera market was the fastest-growing market in the European region.
The Asia-Pacific body-worn camera market is expected to grow at the fastest CAGR from 2023 to 2032. This is due to the growing crime rate across various regions, and the government aid in implementing advanced technologies such as body-worn cameras is expected to boost the market growth in this region. Moreover, China’s body-worn camera market held the largest market share, and the Indian body-worn camera market was the fastest-growing market in the Asia-Pacific region.
Leading market players are investing heavily in research and development to expand their product lines, which will help the body-worn camera market grow even more. Market participants are also undertaking various strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, the body-worn camera industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics manufacturers use in the body-worn camera industry to benefit clients and increase the market sector. Major players in the body-worn camera market, including Axon Enterprise, Inc., Panasonic Corporation, Motorola Solutions, Inc., GoPro, Inc, Transcend Information, Inc., WatchGuard Technologies, Inc., and others are attempting to expand market demand by investing in research and development operations.
Motorola Solutions Inc is a provider of solutions, communication products, and services. The company's products include systems, networks, devices, accessories, video solutions, software, and applications. It also provides managed, maintenance, integration, implementation, cyber security, LTE devices, video security and analytics, LTE broadband systems, land mobile radio (LMR), two-way radio solutions, software updates, TETRA application and monitoring services. The company serves public safety, government, first-responder, utilities, oil and gas, hospitality, manufacturing, transportation and logistics, and mining industries. Motorola Solutions markets its products and services through a direct sales force, distributors, dealers and independent software vendors. In July 2022, Motorola Solutions announced the integration of body-worn cameras and in-car video systems into CommandCentral Aware, allowing law enforcement agencies to access multiple points of view via live-stream video and the location of critical resources.
Nokia Corp is a communications and information technology firm that works in the areas of network infrastructure and advanced technologies. It offers fixed networks, mobile phones, BSS/OSS, IP routing, optical networks, private networks, data centers, radio controllers, network implementation, IoT, and 5G services. Nokia also offers network management, managed analytics, network security and application services. Nokia serves the mobile network operators, enterprises, government, public sector, financial services, retail, energy and resources, automotive, healthcare, logistics, manufacturing, and transportation industries. In May 2022, Nokia collaborated with Savox and launched a 5G video head-mounted camera. Savox is a provider of communication solutions for defense and public safety markets. This camera enabled miners, manufacturers, public safety agencies, and others to connect securely with machines and people.
Axon Enterprise, Inc.
Panasonic Corporation
GoPro, Inc
Transcend Information, Inc.
WatchGuard Technologies, Inc.
Reveal Media
Digital Ally Inc
COBAN Technologies, Inc.
Pinnacle Response
Sony Corporation
CP PLUS International
Wireless CCTV
NICE
VIEVU LLC
Shenzhen AEE Technology Company
Wolfcom Enterprises
July 2022: Digital Ally Inc. received an order for 176 FirstVuPro body cameras from the Kansas Department of Wildlife and Parks. The body cams will be used by law enforcement personnel around the state.
May 2022: Axon, a company offering connected public safety technologies, and FÅ«sus, the market leader in real-time crime centers for public safety agencies in the United States, announced a strategic partnership to enhance the capabilities of Axon Respond and the FÅ«susReal Time Crime Center in the Cloud (RTC3) solution.
Recording Type
Live Streaming & Recording
4K
Full HD
HD
Others
Law Enforcement
Military
Transportation
Sports & Leisure
Others
US
Canada
Germany
France
UK
Italy
Spain
Rest of Europe
China
Japan
India
Australia
South Korea
Australia
Rest of Asia-Pacific
Middle East
Africa
Latin America
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