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Global Body-Worn Camera Market Research Report—Forecast till 2025
Market Dynamics
Global Body-Worn Camera Market is evaluated to register a CAGR of 19.9% during the forecast period. In 2018, the market was valued at USD 443.8 Million; it is anticipated to reach USD 1,506.9 Million by 2025. These cameras are constructed with cameras; microphone, battery, and data storage units are extensively applicable to capture audio and video soft copies. These devices are assembled on uniforms of police and special law-enforcement personnel. These cameras are also used for several documentation purposes, including communication with witnesses, victims, and others during arrests; police-public encounters; and critical incidents.
The rising adoption of smart gadgets in law enforcement and the admissibility of video footage as evidence and rising requirement for body-worn cameras because of security and safety reasons are expected to expand the global body-worn camera during the assessment period. The rising prevalence of crimes causing vulnerabilities encouraged citizens to use smart gadgets for recording crime incidents and submitting them as evidence.
Market Segmentation
The global Body-Worn Camera Market has been segmented based on Mode of operation, Resolution, and end-user. Based on the mode of operation the global market has been categorized into recording type, recording, and live streaming type. The recording type camera is applicable to record incidents that can be used in the future as evidence. The recording and live streaming types of cameras are having the ability to record and live stream video (events/incidents) on social media or central law enforcement servers.
Based on the resolution type the global Body-Worn Camera market has been classified into full HD, HD, 4K, and others. Depending on the end-user type the market is divided into law enforcement, military, transportation, sports & leisure, and others.
Regional Analysis
The Global Body-Worn Camera Market, by region, has been segmented into North America, Europe, Asia-Pacific, and the rest of the World.
North America is expected to lead the global body-worn camera market during the forecast period owing to the adoption of innovative technologies for investigation by the government. In 2018, the region was accounted for the largest market value of USD 169.0 Million; and the market is expected to register a CAGR of 18.3% during the review period. According to MRFR Analysis Europe was the second-largest market in 2018, valued at USD 145.2 million.
Companies Covered
The Key Players of the Global Body-Worn Camera Market are Axon Enterprises, Inc. (US), Panasonic Corporation (Japan), Motorola Solutions (US), GoPro, Inc. (US), Transcend Information, Inc. (Taiwan), WatchGuard Technologies, Inc. (US), Reveal Media Limited (US), Digital Ally, Inc. (US), Coban Technologies, Inc. (US), and Pinnacle Response Ltd. (Ireland).
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