Registering a CAGR of 73.2% over the forecast period, the market value of Body Worn Video Cameras is expected to reach US$ 360 billion in the year 2027.
Body Worn Video Cameras are used to digitally capture audio and video data. Police and other law enforcement agencies primarily use these cameras for surveillance. Due to the increased need for evidence against theft, terror activities, and illegal immigration, body worn video cameras are gaining popularity in the law enforcement, military, and transportation sectors.
The global body-worn camera market is rapidly expanding. Factors such as the increasing use of smart gadgets in law enforcement and the high demand for video content sharing for surveillance and security are driving global market growth. Another factor driving the growth of the body-worn camera market is the ability of military forces to use it for training purposes. However, rising smartphone and action camera adoption is expected to stymie global market growth during the forecast period.
Several devices have been miniaturised as a result of continuous advancements in the consumer electronics sector. Cameras have evolved in terms of product size, quality, and efficiency. The use of Body Worn Video Cameras by law enforcement agencies, particularly the police, has increased transparency and legitimacy. Furthermore, these Body Worn Video Cameras are Wi-Fi, Bluetooth, and live streaming platform compatible, allowing you to directly upload the video to central management or even social media to report intended and unintended consequences. As a result, the growing use of smart devices in law enforcement is expected to drive the global body-worn camera market during the forecast period.
The use of facial recognition technology is expected to aid law enforcement agencies in evidence management and public reassurance by providing real-time updates or notifications on any suspicious activity or suspicious person. The London Police Department has already implemented facial recognition enabled Body Worn Video Cameras to aid in the detection of illegal immigration, counter-terrorism, and national security. Thus, during the forecast period, the integration of facial recognition technology in Body Worn Video Cameras is expected to present a lucrative opportunity for players operating in the global body-worn camera market.
The global Body Worn Video Cameras includes the identification and analysis of the various market participants competing in the global market. Prominent competitors include Axon Enterprise, Inc, Digital Ally, GoPro, Wolfcom Enterprises, B-Cam Ltd, Panasonic, BODYCAM, Reveal Media, Motorola Solutions, WCCTV, Pinnacle Response, PRO-VISION Video Systems, Transcend Information, Shenzhen Eeyelog Technology, Safety Vision, LLC, Shenzhen AEE Technology, 10-8 Video Systems LLC, Veho UK, Pannin Technologies, MaxSur, Shenzhen Jingyi Smart Technology, Shelleyes Technology and others.
At IACP 2019, Panasonic Unveils Next Generation Body Worn Camera
25th of October, 2019— At IACP, booth 4411, Panasonic Public Safety Solutions Division, a business unit of the newly formed Panasonic i-PRO Sensing Solutions Co., Ltd., will demonstrate an innovative new compact and lightweight body worn camera (BWC). The next generation BWC incorporates a unique set of features, such as a user swappable battery with up to 12 hours of battery life, allowing law enforcement agencies to focus on their duties rather than charging batteries. When the mission requires it, an officer can now grab and carry a swappable spare battery to go well beyond 12 hours. The Panasonic BWC also has a new, easy-to-read LCD status screen that displays detailed information about the unit's status.
The market is segmented based on the type, applications, companies, and regions.
By Type, it is segmented into
By Application, it is segmented into
The sports and adventure segment is expected to grow significantly.
North America will dominate the market for body-worn video cameras.
Because of various state financing schemes that support its use in law enforcement agencies, North America is expected to capture the lion's share of the global Body Worn Video Cameras market. The region is expected to grow at an 18.3 percent CAGR over the projection period, owing to several states in the country implementing pilot initiatives to improve the effectiveness of law enforcement officials. The fact that an increasing number of federal agencies are opting for these programs may reveal the market's untapped potential.
Body Worn Video Cameras are expected to lead the technological field, and the availability of smart gadgets bodes well for the market. The presence of major players and early acceptance of innovative technologies, as well as a significant increase in the deployment rates of surveillance systems in Mexico, Canada, and the United States, high crime rates, increasing adoption of technology by police personnel, favorable government-led initiatives for increasing security across cities, ease of access to smart devices, high technology exposure, and an increase in the participation of individuals in extreme sports events, are all contributing factors.
The Body Worn Video Cameras Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type, and segment. It focuses extensively on revealing a detailed regional analysis. The Global Body Worn Video Cameras Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Scope of the Report covers Body Worn Video Cameras Market with a detailed analysis of the overall scenario for the market. It also highlights the business participants’ environment in the global marketplace. This report also provides an overview of leading companies covering the latest successful marketing strategies, market contributions, current and historical background, and latest market happenings to help key organizations to grow and generate larger profits. Business players will greatly benefit from this Body Worn Video Cameras Market analysis report as it has vital details to provide about regional markets and expected opportunities for the prediction time period 2022-2027. Growth between segments is used to understand the different growth factors that are expected to dominate the market as a whole and to develop strategies to differentiate between key applications and target markets. It further reveals how the worldwide market is working through efficient information graphics.
Report Attributes | Report Details |
Report Title | Body Worn Video Cameras Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions, and By Key Players: Axon Enterprise, Inc, Digital Ally, GoPro, Wolfcom Enterprises, B-Cam Ltd, Panasonic |
Forecast Period 2022 to 2027 CAGR | CAGR of 73.2% over the forecast period (2022-2027) |
By Type |
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By Application |
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By Companies | Axon Enterprise, Inc, Digital Ally, GoPro, Wolfcom Enterprises, B-Cam Ltd, Panasonic, BODYCAM, Reveal Media, Motorola Solutions, WCCTV, Pinnacle Response, PRO-VISION Video Systems, Transcend Information, Shenzhen Eeyelog Technology, Safety Vision, LLC, Shenzhen AEE Technology, 10-8 Video Systems LLC, Veho UK, Pannin Technologies, MaxSur, Shenzhen Jingyi Smart Technology, Shelleyes Technology |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 181 |
Customization Available | Yes, the report can be customized as per your needs |
What is the study period of this market?
The Body Worn Video Cameras Market is studied from 2017 - 2027.
What is the growth rate of the Body Worn Video Cameras Market?
The Body Worn Video Cameras Market is growing at a CAGR of 73.2% over the next 5 years.
Who are the key players in Body Worn Video Cameras Market?
Axon Enterprise, Inc, Digital Ally, GoPro, Wolfcom Enterprises, B-Cam Ltd, Panasonic, BODYCAM, Reveal Media, Motorola Solutions, WCCTV, Pinnacle Response, PRO-VISION Video Systems, Transcend Information, Shenzhen Eeyelog Technology, Safety Vision, LLC, Shenzhen AEE Technology, 10-8 Video Systems LLC, Veho UK, Pannin Technologies, MaxSur, Shenzhen Jingyi Smart Technology, Shelleyes Technology
What regions does this Body Worn Video Cameras Market report cover?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Body Worn Video Cameras Market?
What are the major end-use applications of Body Worn Video Cameras Market?
Local Police, Special Law Enforcement Agencies, Civil Usage
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