Body-Worn Camera Market Expected to Raise Moderately over 2025
Global Body-Worn
Camera Market is
expected to reach a value of USD
1506.9 Million by 2025 at a CAGR of 19.9% during
the forecast period. Market Research Future (MRFR), in its report, envelops
segmentation and drivers to provide a better glimpse of the market in the
coming years. Body-worn cameras can be used to capture audio data as well as
video data digitally and comprise of a camera, microphone, battery, and data
storage unit. These devices are clipped onto the uniforms of police and special
law-enforcement personnel. These cameras have the ability to record video and
play it later or perform live streaming, depending on the system being used.
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Competitive
Analysis
The key players of the Global Body-Worn
Camera Market are Axon
Enterprises, Inc. (US), Panasonic Corporation (Japan), Motorola Solutions (US),
GoPro, Inc. (US), Transcend Information, Inc. (Taiwan), WatchGuard
Technologies, Inc. (US), Reveal Media Limited (US), Digital Ally, Inc. (US),
Coban Technologies, Inc. (US), and Pinnacle Response Ltd. (Ireland).
- In Oct 2019, Panasonic public
safety solutions division unveiled a new compact and lightweight body-worn
camera (BWC) at IACP, 2019. This device incorporates a user swappable
battery with up to 12 hours of life. The company is expected to start the
production of this camera in 2020.
- In Jun 2018, Transcend
launched a new body camera—the DrivePro Body 60—designed specifically for
military and public safety professionals such as first responders and
private security personnel. This tethered camera has a high-end Sony image
sensor that captures clear, high-resolution imagery, it also features a
built-in GPS/GLONASS receiver enabling the geotagging of video footage and
images and is equipped with a high-capacity lithium battery.
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Segmental
Analysis
Global Body-Worn
Camera Market has been segmented based on the mode of Operation, Resolution,
End User, and Region.
Based
on the mode of operation, the market has been classified into recording type,
recording and live streaming type. The recording type segment accounted for the
largest market share in 2018, with a market value of USD 281.1 million during
the forecast period. The live streaming and recording segment was valued at USD
162 million. The recording type camera is used to record incidents that can be
used in the future as evidence. The recording and live streaming type have an
ability to record and live stream video (events/incidents) on social media or central
law enforcement servers.
Based
on the resolution, the market has been classified into 4K, full HD, HD, and
others. The full HD segment recorded the largest market share of 35.4% in 2018,
with a market value of USD 157.2 million; it is expected to register a CAGR of
20.6% during the forecast period while the HD segment was the second-largest
market in 2018, valued at USD 135.2 million. The 4K segment was mainly used for
various outdoor and underwater activities such as skiing/snowboarding, diving,
snorkeling, and mountain biking. The full HD segment is high-definition and
features a wide-angle lens that enables a highly dynamic and large viewing
angle. HD cameras provide superior audio and video quality, smooth motion, and
vibrant colors. These factors have resulted in the growth of the HD cameras
segment in the global body-worn camera market. The others segment has a minimum
number of image cells which provides a 640x480 pixel resolution.
Based
on the end user, the market has been classified into law enforcement, military,
transportation, sports & leisure, and others. The law enforcement segment
recorded the largest market share of 35.3% in 2018, it is expected to register
a CAGR of 17.4% during the forecast period while the military segment was the second-largest
market in 2018, valued at USD 107.6 million. The law enforcement, body-worn
cameras are clipped onto police uniforms to record incidents that can be used
as evidence. Due to the increasing risks on borders, these cameras are used in
military applications for recording evidence for investigations. In
transportation applications, these cameras are used for reducing the risk of
unlawful activities; In sports activities for recording as well as live
streaming the event and also to record unlawful incidents.
The global body-worn camera market, by
region, has been segmented into North America, Europe, Asia-Pacific, and the
rest of the World. North America accounted for the largest market value of USD
169.0 million in 2018; the market is expected to register a CAGR of 18.3%
during the forecast period. Europe was the second-largest market in 2018,
valued at USD 145.2 million.
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