What Is The Scope Of The Global Body-Worn Camera Market?
Body-worn cameras are small devices equipped with cameras that individuals wear, typically law enforcement officers, security personnel, or other professionals who interact with the public. These cameras are designed to record audio and video footage of interactions, incidents, and events from the perspective of the wearer.
Body-Worn Camera Global Market Report 2024 provides data on the global body-worn camera market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The body-worn camera market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.
What Are The Expected Annual Growth Rates And Market Size Estimates For The Global Body-Worn Camera Sector?
The body-worn camera market has grown significantly, increasing from $0.82 billion in 2023 to $0.93 billion in 2024 at a CAGR of 13.1%. Historical growth has been driven by high-profile incidents, government initiatives, rising civil rights concerns, and increasing demand for evidence collection in criminal investigations. The market is projected to reach $1.53 billion by 2028 at a CAGR of 13.4%. This growth will be supported by public demand for law enforcement accountability, the need for hands-free recording tools, globalization, and rising crime rates. Key trends include advancements in law enforcement technologies, wearable technology, facial recognition, high-resolution cameras, and AI-enhanced analytics.
Which Factors Are Boosting Growth In The Body-Worn Camera Market?
The growing demand for adventure tourism is expected to drive the body-worn camera market. Adventure tourism, which involves travel to destinations that require certain skills and physical exertion, is increasing in popularity due to the desire for outdoor activities, experiential travel, and unique travel experiences. Body-worn cameras play a crucial role in capturing moments during adventure tourism, ensuring safety, and providing educational content. In 2023, the Adventure Travel Trade Association reported a 213% increase in the average number of travelers handled by respondents, from 1,355 in 2021 to 4,243. The rising demand for adventure tourism is driving the body-worn camera market.
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What Key Areas Define The Segmentation Of The Global Body-Worn Camera Market?
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
How Are Emerging Trends Reshaping The Dynamics Of The Body-Worn Camera Market?
Companies in the body-worn camera market are developing products like the Axon Body Workforce to improve functionality and efficiency. The Axon Body Workforce is designed to be reliable and unobtrusive, with a full-shift battery and secure mounting options. For instance, in January 2024, Axon Enterprise Inc., a US-based company, launched the Axon Body Workforce camera to protect frontline workers in retail stores and healthcare facilities. This camera aims to enhance safety and security in these environments, addressing issues like workplace violence.
Which Region Has The Fastest Expansion In The Body-Worn Camera Market?
North America was the largest region in the body-worn camera market in 2023. 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.
