Body-worn Camera Market Analysis, Growth Rate, Business Opportunities, Competitive Landscape and Forecast 2020-2030

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In addition, the worldwide body-worn camera market has been expected to increase at a CAGR of 16.4%, with the value of USD 2074.0 million over the estimated forecast year of 2030.

Body-Worn Camera Market Overview

In addition, the worldwide body-worn camera market has been expected to increase at a CAGR of 16.4%, with the value of USD 2074.0 million over the estimated forecast year of 2030.

Although wearable technology is still in its early stages, niche segments like head-mounted displays and body-worn cameras are expected to have a longer-term perspective. Changing consumer lifestyles, the shift toward fitness and the need for advanced technologies for healthcare and security applications are expected to bring significant changes to market development. The body-worn cameras are used to capture video and audio data digitally. It typically comprises a microphone, camera, battery and data storage unit, which is either onboard or connected to a camera unit with a cable. They are primarily used for surveillance purposes by police and special law enforcement agencies. It allows capturing evidence and recording real-time data. The prime driving factor for the body-worn camera market growth is the rising need for maintenance and accountability of a transparent approach to police conduct.

Wearable cameras are witnessing increased adoption in various applications in sports and adventure segments. Goalies use those referees, catchers and umpires for the live recording of the sport, and skiers, skydivers, suffers and riders for recording and sharing their adventurous moments. With the rapidly increasing popularity of these cameras and the growing interest of the people in sports and adventurous activities, this segment growth is to drive the market forward. Various factors, like the increasing use of the connected wearable, the rise in extreme sports events, holidays and the music festivals, the growing trend of sharing content on the social networking websites, are driving the growth of the cameras in sports and adventure segments. The outbreak of the coronavirus has disrupted the supply chain globally. The global market has been facing a huge loss during the lockdown time.

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Competitive Landscape

The global market for body-worn camera has witnessed significant growth over the forecast period due to the increasing use of smart gadgets in law enforcement. There are several domestic, regional, and global players operating in the body-worn camera market who continuously strive to gain a significant share of the overall market. During the study, MRFR has analyzed some of the major players in the global body-worn camera market who have contributed to the market growth. These include Axon Enterprises Inc. (US), Motorola Solutions (US), Transcend Information, Inc. (Taiwan), Reveal Media Limited (US), Panasonic Corporation (Japan), Digital Ally Inc. (US), Coban Technologies Inc. (US), IMINT (Sweden), Wireless CCTV LLC (US), Getac Video Solutions Inc. (US), Hytera Communications Corporation Limited (US), Excelerate Technology Limited (UK), Safety Vision, LLC (US), Utility Associates, Inc. (US), LensLock, Inc. (US) and REM Trading Ltd (UK).

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Report of Market Segmentation:

As per the latest body-worn camera market report, the market has been segmented into operation, resolution, end-users and regional analysis. The operation section has segmented the market into recording type, live streaming, and recording. The resolution section has classified the market into four parts 4K, full HD, HD, and others. The market has been divided into law enforcement, military, transportation, sports leisure, and others based on end-users. According to the regional basis, the market has been divided into five categories: Asia-Pacific, Europe, North America, South America, and Middle East Africa.

The body-worn camera market has evolved rapidly since federal funding programs in the United States for law enforcement body-worn cameras were announced in 2014. This funding and subsequent initiatives stimulated and accelerated increases in the shipments of body-worn cameras in the United States. More than half of the medium to large police departments in the United States use or are testing body-worn cameras in a present pilot program.

However, nearly one-third of the 18,000 state and local police departments in the United States purchase body cameras for their officers. This number is only expected to increase, positively fueling the market's growth.

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Regional Analysis

Globally, the body-worn camera market has been categorized into the North America, Europe, Asia-Pacific, the Middle East Africa, and South America. North America accounted for the largest market share of 36.5% in 2021, with a market value of USD 120.7 million; it is expected to register the highest CAGR of 15.8% during the forecast period. Followed by European market in 2021, projected to register a CAGR of 15.8%.