As per the current market trends and the promising nature of the wearable cameras market, it can be estimated that the future holds positive outcomes. In order to provide a deep insight about the concerned market, FACT.MR would be publishing a resourceful analysis that will enclose knowledge about the regional wearable cameras market size, revenue and opportunity status. Readers will be offered the privilege to decode various facets of the market during 2017-2022, together with the active access to secondary and primary research methodology. Furthermore, various segments of the market associated to product, application, end-user etc., would also be present in this intelligent research report.
The scope of FactMR’s report is to analyze the global wearable cameras market for the forecast period 2017-2022 and provide readers an unbiased and accurate analysis. Wearable cameras manufacturers, stakeholders, and suppliers in the global sports sector can benefit from the analysis offered in this report. This report offers a comprehensive analysis, which can be of interest to leading trade magazines and journals pertaining to sport accessories.
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The report commences with a brief information of the global wearable cameras market. This executive summary sets the tone for the rest of the report, providing users the scope of the report. The executive summary includes important facts and statistics on the global wearable cameras market.
Demand for wearable cameras has surged owing to the rising popularity of adventure sports such as hiking, mountain biking, trekking, skiing and sky diving among other. Participants use wearable cameras to record and live stream their experience. In addition, the expansion of the travel and tourism industry is also influencing the global wearable cameras market. Many broadcasting studios are now using wearable cameras during live telecast of sporting events to provide exclusive player perspective or viewpoint. Players are mounted with wearable cameras during the game to offer an infield view to viewers. Use of wearable cameras has also increased in the defense sector due to their efficiency and high performance.
Moreover, growing attraction towards outdoor activities and higher emphases on improving safety measures is also expected to make a positive impact on the global sales of wearable cameras over the next couple of years. On the other hand, the small size of wearable cameras makes them fragile and expensive, which to an extent has been deterring the prospects of the global wearable cameras market. According to the latest report published by FactMR, the global wearable cameras market will surge at a staggering CAGR of 13.4% during 2017 to 2022.
Wearable cameras can be worn or attached to a part of the body. The designs of wearable cameras often incorporate practical features and functions. Wearable cameras are head mountable, ear mountable and body mountable. These cameras can be used for recording and broadcasting real time incidences, without having to hold a camera in hand.
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On the basis of product type, preference for head mount wearable cameras is significantly high and the trend is expected to continue over 2022. In terms of revenue, global sales of head mount wearable cameras currently account for more than 52% market share. Towards the end of the assessment period, around US$ 4,800 Mn worth head mount wearable cameras are anticipated to be sold globally.
Competition Tracking
Key market players profiled in FactMR’s report include Digital Ally, Inc., Garmin International, Inc., GoPro, Inc., iON America LLC, Narrative, Pinnacle Response, Axon Enterprise, Inc., VIEVU, Hitachi, Ltd., and General Electric Company.
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