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Body-Worn Camera Market Trend by 2020-2027
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Market Snapshot
Market Research Future (MRFR) discussed controlling factors of the body worn camera market 2020. In addition, a complete analysis of the COVID 19 impact on the body worn camera market is supplemented. As per MRFR analysis, the body worn camera market is expected to rise at 19.9% CAGR across the analysis period. The escalation of the global Body-Worn Camera Market value from USD 443.8 Million to USD 1,506.9 Million from 2018 to 2025 is expected, suggests MRFR evaluation.
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The increase in the demand for Body-worn cameras, especially due to the increase in body tension can spur the rise of the body worn market in the years to come. The rise in the need to capture audio and video data digitally can support the rise of the body worn camera market. The increase in the adoption of body worn camera by police and law-enforcement personnel can add momentum to the rise of the market across the analysis period. The rise in awareness about record video and perform live streaming solutions can spur the expansion of the body worn market across the study period.
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Segment Study
The segment evaluation of the Global Body-Worn Camera Market is done by Resolution, mode of Operation, and End User.
The mode of operation based segments of the body worn camera market are recording and live streaming type, and recording type. The recording type segment can garner high turnover for the market. The segment can value at USD 281.1 million across the forecast period. The segment of live streaming and recording can worth USD 162 million by 2025.
The resolution based segments of the body-worn market are full HD, 4K, and HD among others. The full HD segment can value at USD 157.2 million by 2025 at 20.6% CAGR in the forecast period. The HD segment value can rise to USD 135.2 million on the conclusion of the analysis period. The 4K segment can dominate the market.
The end user based segments of the body worn camera market are military, law enforcement, sports & leisure, transportation, and others. The law enforcement segment can expand at 17.4% CAGR in the study period. The military segment can generate annual turnover of about USD 107.6 million by 2025.
Regional Analysis
The dynamics and trend of the Body-Worn Camera global Market are evaluation across North America, EU, APAC, and the rest of the World.
In North America, the expansion of the body worn camera market in the analysis period is likely at 18.3% CAGR. MRFR regional evaluation of the body worn camera reveals that the regional market value can rise above USD 169.0 Million on the conclusion of the review period. HD, full HD, and 4K body worn camera are used largely in the region and continuous development of camera technology in the US can cause the US to head the regional market. In Europe, the rise of the body worn market can be attributed to the rise in need for cross boarder protection. EU body worn market valuation can exceed USD 145.2 million by 2025. In APAC, the increase in use of body worn camera for military and transportation applications can promote the body worn market in this region.
Companies Covered
Motorola Solutions (US), Panasonic Corporation (Japan), Axon Enterprises, Inc. (US), Transcend Information, Inc. (Taiwan), GoPro, Inc. (US), Coban Technologies, Inc. (US), WatchGuard Technologies, Inc. (US), Digital Ally, Inc. (US), Reveal Media Limited (US), and Pinnacle Response Ltd. (Ireland) are some reputed players in the Body-Worn Camera global Market as profiled by MRFR.
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