Versatile, Innovative Use of Cameras for Capturing Personal Experience boosts Wearable Cameras Market
The advent of wearable cameras opened several new facets in live streaming for enthusiasts of adventure sports and in recording of live events. The use of wearable cameras gathered substantial steam among professional users alike. Of the compelling propositions driving the demand for wearable cameras in applications areas was enabling end users live stream events or capture crucial moments of their life keeping their hands and vision free. The wearable cameras market has gathered continuous momentum over the past few years, riding on the back of growing application areas of the overall wearables sector. In addition, constant advances in camera functionality has enabled end users to make high-quality recording and streaming of live events on-the-go. The integration with cloud connectivity feature and the diminutive proportions of wearable cameras, along with their simple mechanics of operation and ultra-wide fields of view, render these cameras increasingly useful among enthusiasts of extreme sports such as trekking, hiking, mountain biking, sky diving, and skiing.
Rising Professional Applications underpinning Attractiveness of Wearable Cameras Market
The wearable cameras market witnessed robust impetus from the large strides being taken by the travel and tourism industry and sports industry. In particular, wearable cameras have been gathering traction increasingly among broadcasting studios for the live steaming of sporting events from the multiple vantage points of the players on the field, thereby fueling the evolution of the wearable cameras market. The images and videos captures enamor the viewers. Potential use in covert surveillance has made wearable cameras increasingly popular among law enforcement agencies, private investigators, secret shoppers, and the like. The rising demand for police-grade body cameras in various countries is one of the several key application areas propelling the steady growth of the global wearable cameras market.
Manufacturers of Next-generation Cameras to focus on Head Mount type in Wearable Cameras Market
The various products in the wearable cameras market can be head, body, or ear mount. Of these, head mount wearable cameras have garnered huge popularity among worldwide users, especially on account of large application in outdoor activities, such as in underwater recording. The trend is evident in the major share of the segment, representing over 52% of the global sales of wearable cameras currently. The demand for this type in the wearable cameras market is expected not to lose sheen in the next few years as well. The rising demand for technologically-advanced head-mount cameras in the wearable market for users in developed regions is also expected to keep the demand substantially lucrative.
About the Report
The report titled “Wearable Cameras Market Forecast, Trend Analysis & Competition Tracking – Global Market insights 2017 to 2022” presents a critical assessment of the various product development trends and the key demand dynamics shaping the contours of the global wearable cameras market. The report takes a closer look at the potential and prospects of the wearable cameras market and emerging areas that are likely to prove lucrative for manufacturers in key regions. The analyses take an incisive look at opportunities in the overall wearable cameras market by analyzing the demand in various application areas. The study also evaluates the prospects of various distribution channels in the wearable cameras market such as in hypermarket/supermarket, departmental stores, online retail, and sport stores.
Wearable cameras are cameras that can be conveniently latched on a part of the body and are usually miniature in size. They are designed keeping in mind the mechanics and user-friendliness and are equipped with advanced features and functions that allow live streaming of motion events in high-resolution. Depending on the specific end user’s needs, the features are incorporated. They have a wide range of applications such as in sports and adventure, security, healthcare, and industrial.
Additional Questions Answered
The study strives to offer answers to pertinent aspects and sheds light on more important evolution trajectories of the wearable cameras market. Some of the aspects that the study offers insights on:
- Which trends will keep the North America wearable cameras market lucrative throughout the assessment period?
- Which distribution channels in the wearable cameras market are expected to gather traction among manufacturers in various regions?
- What makes the industrial segment increasingly attractive application area in the wearable cameras market?
- Which technology advancements will influence the demand for wearable cameras across key end users?
Competition Tracking of Global Wearable Cameras Market
Some of the key companies whose product development initiatives and consolidation strategies are expected to be crucial in the evolution of the wearable cameras market are Hitachi, Ltd., Axon Enterprise, Inc., Pinnacle Response, iON America LLC, GoPro, Inc., Garmin International, Inc., and Digital Ally, Inc.
The research report titled “Wearable Cameras Market Forecast, Trend Analysis & Competition Tracking – Global Market insights 2017 to 2022” offers insights into various facets of the dynamic of the growth of the wearable cameras market. Such insights include current outlook and emerging prospects, key adoption trends, recent technological advances, and competitive dynamics. The study evaluates the impact of key factors on the emerging competition landscape and highlights strategies that can have considerable impact of the future wearable market. The in-depth quantitative analyses include estimation of the shares and revenue size of the various segments of the global wearable cameras market. It also takes an incisive look at the evolution of the wearable cameras market by presenting estimations with respect of CAGRs and year-over-year (YoY) of the market and its segments during 2012 - 2022 and 2017–2022, respectively. These detailed insights, estimations, and projections of the wearable cameras market are covered in 14 chapters.
Chapter 1 – Executive Summary
The report begins with the executive summary of the wearable cameras market. The chapter offers a broad overview of the key trajectories of the wearable cameras market, prevailing prominent opportunities, and notable lucrative avenues. It also takes a closer at key product improvements and technological innovations in the market which are expected to shape the future contours.
Chapter 2 – Outline of Global Wearable Cameras Market
The chapter defines the wearable cameras market and its taxonomy. The section offers figures on Y-o-Y growth of the market during 2012 – 2022 and estimates its size by the end of this period. The section offers a granular assessment of various drivers, restraining factors, and prominent trends. It also sheds light on supply chain dynamics and evaluates its market presence based on region.
Chapter 3 – Product Type Assessment and Forecasts of Wearable Cameras Market
The section introduces key products types in the wearable cameras market and offer insight into their size and share in the global market. The chapter compares their Y-o-Y growth figures of these product segments during 2012–2022. The various product types whose prospects in the overall wearable cameras market analyzed here are head-mount, body-mount, and ear-mount wearable cameras.
Chapter 4 – Distribution Channel Assessment and Forecasts of Wearable Cameras Market
This chapter takes a critical look at the prospects of the various distribution channels in the wearable cameras market. The section offers a comparative revenue assessment of these channels with respect to various regions in the wearable cameras market. The various segments analyzed here are hypermarket/supermarket, departmental stores, online retail, and sport stores.
Chapter 5 – Application Assessment and Forecasts of Wearable Cameras Market
The section offers size and forecasts of key application segments of the wearable cameras market. It presents critical comparisons of their size by offering estimations of Y-o-Y growth and compares their revenue. Key application areas analyzed here are sports and adventure, security, healthcare, and industrial.
Chapter 6 – Price-based Assessment and Forecasts of Wearable Cameras Market
The section introduces the various segments of the wearable cameras market based in price. The study compares their demand prospects and compares their revenue in various regions of the global wearable cameras market. Various price-based segments whose market size analyzed here are economy, mid wearable, premium, and super-premium.
Chapter 7 – Regional Assessment and Forecasts of Wearable Cameras Market
This chapter takes a granular assessment of various regional trends and evaluates their impact on the prevailing opportunities in the overall wearable cameras market. The study evaluates revenue contribution of various product, application, price-based, and distribution channel segments to the individual regional markets. Various regional markets covered in the analysis are North America, Latin America, Asia Pacific excluding Japan (APEJ), Europe, Japan, and the Middle East and Africa (MEA).
Chapter 8 – North America Assessment and Forecasts of Wearable Cameras Market
This section zeroes on in factors and dynamics that make the North America an increasingly lucrative market for wearable cameras. The insights include market size and forecasts, Y-o-Y growth figures of the regional market during 2012 – 2022. Key countries analyzed here are the U.S. and Canada.
Chapter 9 - Latin America Assessment and Forecasts of Wearable Cameras Market
The chapter takes a closer look at the regional opportunities and adoption trends in the various countries of Latin America. Key countries whose prospects are evaluated here Argentina, Brazil, and Mexico.
Chapter 10 - Europe Assessment and Forecasts of Wearable Cameras Market
The section analyses key regional trends and prospects in Europe. The study estimates the size and share of the region in the global wearable cameras market. Various countries of the region analyzed here are the U.K., Germany, France, Spain, Italy, and the Nordics.
Chapter 11– Japan Assessment and Forecasts of Wearable Cameras Market
The section evaluates the various facets underpinning the attractiveness of Japan in the overall wearable cameras market by offering insights into opportunities and demand.
Chapter 12– APEJ Assessment and Forecasts of Wearable Cameras Market
Key countries whose evolution trajectories analyzed here are China, India, Malaysia, Thailand, Singapore, and Australia.
Chapter 13– MEA Assessment and Forecasts of Wearable Cameras Market
The chapter look at the prevailing end-user trends in the MEA, trends likely to influence them, and opportunities in its various countries, including GCC, South Africa, Nigeria, and Israel.
Chapter 14 – Stakeholder Ecosystem and Competitive Landscape of Wearable Cameras Market
The section offers elaborate overview of prominent companies, their sales data and regional shares, and product development measures in the global wearable cameras market. The study also looks at the intensity of the competition and offers SWOT analysis for the same. Top players profiled in the report are Digital Ally, Inc., Garmin International, Inc., GoPro, Inc., iON America LLC, Narrative AB, Pinnacle Security Limited, Taser International, VIEVU LLC, Hitachi, Ltd., and General Electric Company.
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