Market Overview:
The global body-worn camera market shows a potential growth of around USD 2,074.0 million during the forecast timeline which is till 2030 at a CAGR of 16.4%. Body-worn cameras are useful for capturing video and audio data on digital platforms. Such cameras are used for surveillance reasons by special law enforcement agencies and policies as well. There are body-worn cameras that have gained good popularity in the military, law enforcement, and transportation verticals because of the increased evidence requirement against terror activities, theft, and illegal immigration. There is now the segmentation of the body-worn camera done for the purpose of analysis. It is based on the operation, resolution, end user, and region.
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The market of the global body-worn camera is further enjoying profits at a faster pace. The market growth is noticeable across the globe due to factors like increased smart gadgets use in law enforcement and the high video content demand to be needed for security and surveillance. Also, there is another factor that is further fueling up the body-worn camera for growth and this can further be used by the military forces for training reasons. But the global market growth is likely to be affected by the increased Smartphone addition and action cameras during the forecast timeline.
Key Players:
- Axon Enterprises Inc. (US)
- Motorola Solutions (US)
- Transcend Information Inc. (Taiwan)
- Reveal Media Limited (US)
- Panasonic Corporation (Japan)
- Digital Ally Inc. (US)
- Coban Technologies Inc. (US)
- IMINT (Sweden)
- Wireless CCTV LLC (US)
- Getac Video Solutions Inc. (US)
- Hytera Communications Corporation Limited (US)
- Excelerate Technology Limited (UK)
- Safety Vision
There are some major manufacturers and also key players that operate in the market of the body-worn camera and including Motorola Solutions, Panasonic Corporation, Axon Enterprises Inc, WatchGuard Technologies Inc, and Pinnacle Response Ltd to name a few. There are many product launches where the focus is on organic growth which is the main strategy adopted by the key players.
Market Segmentation:
global augmented and virtual reality in the education market has been segmented based on offering, devices, deployment model, application and end users, and region.
Based on the offerings, augmented and virtual reality in the education market have been segmented into solutions, hardware, and services. The hardware segment is expected to hold a larger share of the augmented and virtual reality in the education market during the forecast period.
Based on the deployment model, augmented and virtual reality in the education market has been segmented into cloud and on-premises. The cloud segment of the augmented and virtual reality in the education market is projected to grow at the highest CAGR over the forecast period. This is attributed to cost-effectiveness, scalability, easy access, simple setup, and use.
Regional Classification:
The regional analysis made on the body-worn camera market shows North America dominating the market due to law enforcement agencies’ demand for the same and also the increased rate of crime. There has also been an increased content trend that is beings hared over different social media platforms which have further propelled the tourism and travel industry growth.
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Competitive Landscape
The body-worn camera market is supported by rising interest in wearing gadgets for recording events and rising adoption of action cameras. The population growth around the world and increasing demand of body-worn camera market-based services and products also support the market growth. However, the body-worn camera market growth can be affected due to highly specific applications. The report covers all such details which will help companies in the body-worn camera market to strengthen their business plan and improve their product portfolio. The body-worn camera market research report also provides company profiles of major companies. The company profile of organizations operating in the body-worn camera market discusses strategies, growth plans, size, revenue, and mergers and acquisition details of top companies in the body-worn camera market. New entrants and established players can plan their strategies based on this data provided in the body-worn camera market research report.
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