TMCnet News
Engagement in Adventure Sports like Skydiving to Position Wearable Cameras Market at US$ 16.5 Billion by 2028Law Enforcement Officials to Embrace Smart Wearable Cameras to Capture Sobriety Tests and Traffic Stops Fact.MR's latest research report on the wearable cameras market offers an elaborate analysis on the leading segments in terms of type, product, application, and region. It also provides detailed information about key players and vital strategies adopted by them to gain a competitive edge. NEW YORK, Sept. 22, 2022 /PRNewswire/ -- The global wearable cameras market is expected to be valued at US$ 16.5 Billion in 2028 and exhibit steady growth at a CAGR of 14.8% in the forecast period (2022-2028). Wearable cameras are gaining immense popularity as more individuals are becoming conscious of their right to privacy and security. Thus, use of these cameras is increasing at a fast pace for both private and business needs.  Hands-free capability of wearable cameras is thought of as an adjunct to the smartphone camera, allowing users to snap images with the assistance of both body mounts and head mounts. At present, the market for wearable cameras includes devices that are mainly utilized for consumer, public safety, and adventure & sports activities. By application, sports and fitness is considered to be one of the largest segments in the global wearable cameras market. Get A Sample Copy of this Report! https://www.factmr.com/connectus/sample?flag=S&rep_id=240 As wearable cameras are hands-free recording tools that enable users to capture and transmit a live event or circumstance, these are set to be extensively used by those individuals who engage in adventurous activities like skydiving. With their hands and eyes free, it enables users to focus on the work at hand while the recording continues through the camera they are wearing. Law enforcement officials also use wearable cameras to capture any events they come across while on duty, including traffic stops, sobriety tests, and interviews, among other events. Increasing demand for these cameras among surgeons for usage in filming the entire surgical process for subsequent review is expected to push the market. Sales of head-mounted wearable cameras are anticipated to be boosted by increased demand from customers participating in adventure sports and rising need for social media recording. Key Takeaways:
Growth Drivers:
Restraints:
https://www.factmr.com/connectus/sample?flag=RC&rep_id=240 Competitive Landscape: Some of the major strategies used by competitors in the global wearable cameras market are new product launches, mergers & acquisitions, joint ventures, and regional growth. Launch of new products into the market is now a primary emphasis for many large-scale companies. They are striving to compete with their rivals by diversifying the existing product portfolios. For instance,
Key Companies Profiled by Fact.MR
More Valuable Insights on Wearable Cameras Market In the latest study, Fact.MR offers a detailed study on global wearable cameras market for the forecast period of 2022 to 2028. This study also highlights key drivers promoting the sales of wearable cameras through detailed segmentation as follows: By Type:
By Product:
By Application:
By Region:
Request Methodology & Get a Glimpse of Our Expertise https://www.factmr.com/connectus/sample?flag=RM&rep_id=240 Key Questions Covered in the Wearable Cameras Market Report
Explore Fact.MR's Coverage on the Consumer Goods Domain: Camera Bag Market: The global camera bag market size is poised to grow at a CAGR of 3% by the end of 2031. Demand for camera bags is gradually increasing across the world as the polarization of photography such as nature photography, wildlife photography, fashion photography, and others, grows. Trail Camera Market: Declining animal population is compelling individuals to practice conservation, which is fueling the trial camera market expansion. Besides, increasing utilization of these cameras across Europe and North America for hunting purposes is projected to push the global market. Wearable Gaming Accessories Market: As per Fact.MR, the global wearable gaming accessories market is projected to reach US$ 14.9 Billion in 2032 and exhibit growth at a CAGR of 15.7% in the forecast period from 2022 to 2032. The global wearable gaming accessories market may experience significant development over the next ten years as a result of rapid expansion of the gaming industry. Night Vision Outdoor Camera Market: Night Vision Outdoor Camera Market to register a CAGR of nearly 25% during the years, 2021-2031. With internet of things (IOT) growing towards mainstream in the developed countries, demand of devices that support them have grown multifold. Hyperspectral Cameras Market: Hyperspectral Cameras Market expects strong growth through 2026. Manufacturers of hyperspectral cameras are focused on manufacturing an advanced hyperspectral camera that can be used for smaller applications, such as quality control in wineries, and quality inspection in food processing and recycling industry. Check it Out More Reports by Fact.MR on Retail Industry https://www.factmr.com/industry/consumer-goods About Fact.MR Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. Spanning a wide range – from automotive & industry 4.0 to healthcare, technology, chemical and materials, to even the most niche categories. We are committed to deliver insights that help businesses gain deeper understanding of their target markets. We understand that making sense of the vast labyrinth of data can be overwhelming for businesses. That's why focus on offering insights that can actually make a difference to bottom-lines. Specialties: Competition Tracking, Customized Research, Syndicated Research, Investment Research, Social Media Research, Business Intelligence, Industry Analysis, Thought Leadership. Contact: Mahendra Singh Logo: https://mma.prnewswire.com/media/713666/FactMR_Logo.jpg
SOURCE Fact.MR 
|
View original content: