Market Overview
Body-worn cameras are widely used for various purposes; these are considered as recording systems used by different public and government agencies. Hence, these are considered as the key drivers of the Body-Worn Camera Market Growth. There are other growth factors of the market which is boosting the market growth. The use of connected wearables is trending across the globe in today’s generation as the body-worn camera captures video and audio data digitally. These are even used in firefighting, private security, journalism, and military operations. The future need for better visualization and proper audio computing can boost up market growth. The body-worn camera is available in two types, body-mounted and head-mounted. The need for an advanced security system is setting wide opportunities for the market. The security system in body-worn cameras is used in law enforcement because the video recording footage can support the witness and collaborate with different incidents while investigating. The Body-Worn Camera Market Industry is trying to innovate its camera features for better resolution and streaming.
The COVID-19 pandemic has badly impacted the market as the manufacturing and production units were shut down. The pandemic is hitting the Body-Worn Camera Market Trends to thrive in the upcoming year, especially law enforcement agencies. The Global Body-Worn Camera Market is projected to reach a CAGR of 13.8% during the forecast period from 2018 to 2024.
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Market Segmentation
The body cameras sector has seen growth across mode of operation, end-users, and resolution segments owing to a rise in disposable income and the changing social behaviour. To study the market, analysts have further segmented mode of operation, end-users, and resolution into recording, live streaming, and recording on the basis of mode of operation. The market is further segmented into resolution sub segment which is split into full HD, HD, 4K, and others. Additionally, the body-worn camera market on the basis of end user is segmented into law enforcement, military, sports & leisure, transportation, and others.
The segmental analysis presented in the report provides body cameras field based organizations insights into key growth factors such as consumers aiming for more convenience as well as challenges such as demand and supply gaps the market will face from 2018 to 2024. Favorable government policies and consumers aiming for more convenience are some of the key factors having an influence on body cameras industry based companies, suggest analysts as per the body-worn camera market report. But the report also identifies the unavailability of professional services and the lack of investments in research and development as major threats companies in body cameras will face till 2024.
Regional Analysis
According to the geographical coverage, the Body-Worn Camera Market is developing different regions worldwide, such as North America, Europe, Asia Pacific, and the Rest of the world. North America is expected to hold the largest share of the market. The US region is considered to take the lead in the technological front of the market. Followed by North America, the European market shows significant market growth due to cameras in sports, tourism, live shoot, etc. These are boosting the regional market of Europe. The market even shows consistent growth in the other regions of the world.
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Body-Worn Camera Market Research Report: By Mode of Operation By Recording Type (Recording and Live Streaming and Recording), By Resolution (Full HD, HD, 4K and others), By End User (Law Enforcement, Military, Transportation, Sports & Leisure and others) - Forecast till 2027
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