How Has the Body Worn Camera Market Evolved Historically and What is its Current Size?
The body worn camera market has seen considerable growth due to a variety of factors.
• In recent times, the market size for body-worn cameras has seen a fast-paced expansion. It's anticipated to rise from $0.93 billion in 2024 to a significant $1.05 billion in 2025, reflecting a compound annual growth rate (CAGR) of 13.7%.
Factors contributing to the notable growth during this historic period include an upsurge in high-profile occurrences, governmental backing and initiatives, augmented issues regarding civil rights, an increased number of criminal investigations, and enhancement in evidence accumulation.
What Is The Projected Growth Of The Body Worn Camera Template Market?
The body worn camera market is expected to maintain its strong growth trajectory in upcoming years.
• In the coming years, the market size for body-worn cameras is set to witness a surge in growth, expanding to a sizable $1.74 billion by 2029 at a compound annual growth rate (CAGR) of 13.3%.
This growth in the projected period can be linked to increased public consciousness, a call for transparency in police operations, the steady rise of globalization, escalating crime rates, and the need for hands-free recording devices. The forecast period will also see key trends such as law enforcement technologies, wearable tech, facial recognition systems, high-definition cameras, advancements in camera technology, and the incorporation of artificial intelligence (AI) and sophisticated analytics into the industry.
What Are The Key Drivers Fueling Growth In The Body Worn Camera Market?
The escalating popularity of adventure tourism is anticipated to fuel the expansion of the body-worn camera market. Adventure tourism is a category of tourism where traveling involves an element of risk and demands specific skills and physical endurance. The increasing inclination towards adventure tourism can be attributed to several reasons, such as the interest in outdoor activities, the evolution of experiential travel, the emergence of adventure travel enterprises, and the search for uniquely thrilling experiences. Body-worn cameras amplify the adventure tourism experience by recording memorable experiences, ensuring safety, providing educational vistas, and encouraging others to go out and discover their surroundings. For instance, the Adventure Travel Trade Association, a tour operator based in the US, highlighted that the average client base of their respondents surged by 213% from 1,355 in 2021 to 4,243 in 2023. Hence, the growing popularity of adventure tourism is propelling the body-worn camera market.
What Are The Principal Market Segments In The Global Body Worn Camera Industry?
The body-worn camera market covered in this report is segmented –
1) By Type: Recording And Live Streaming, Recording
2) By Resolution: 4K, Full HD (High Definition), HD (High Definition), Other Resolutions
3) By Distribution Channel: Offline, Online
4) By End User: Law Enforcement, Military, Transportation, Sports And Leisure, Other End Users
Subsegments:
1) By Recording And Live Streaming: Live Streaming With Recording Capabilities, Real-Time Data Transmission And Recording
2) By Recording: Video Recording Only, Audio And Video Recording
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What New Trends Are Influencing The Body Worn Camera Market?
Leading firms in the body-worn camera market, such as Axon Body Workforce, are creating cutting-edge devices to improve their effectiveness and functionality. Prominently effective for daily use, the Axon Body Workforce camera offers assured attachment options, a full-shift battery life, and a compact design. For instance, Axon Enterprise Inc., a U.S. company recognized for its tech and weapon product developments, introduced the Axon Body Workforce in January 2024. This new generation of body cameras, aimed at safeguarding frontline healthcare and retail workers, is a response to tackling workplace violence. It offers a solution aimed at reinforcing the safety and security of these work environments.
Who Are the Key Players In The Body Worn Camera Market?
Major companies operating in the body-worn camera market are:
• Sony Corporation
• Panasonic Corporation
• Motorola Solutions Inc.
• Garmin Ltd.
• NICE Systems Ltd.
• Axon Enterprise Inc.
• GoPro Inc.
• Hytera Communications Corporation Limited
• Safe Fleet Acquisition Corp
• Transcend Information Inc.
• WatchGuard Technologies Inc.
• CP PLUS International
• Safety Vision LLC
• Digital Ally Inc.
• Wireless CCTV LLC
• Utility Associates Inc.
• Diamante Technology Co. Ltd.
• Veho (Muvi)
• Pro-Vision Solutions LLC
• Reveal Media Ltd.
• VIEVU LLC
• Wrap Technologies Inc.
• Pinnacle Response Ltd.
• LensLock Inc.
• Shenzhen AEE Technology Company
• Excelerate Technology Limited
• Getac Video Solutions Inc.
• COBAN Technologies Inc.
What Are The Regional Insights Into The Body Worn Camera Market?
North America was the largest region in the body-worn camera market in 2024. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the body-worn camera market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
