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Wearable Camera Market Size, Share, and COVID-19 Impact Analysis, By Type (Head-Mounted, Body-Mounted, Smart Glasses, and Others), By Sales Channel (Direct and Indirect), By End-User (Healthcare, Sports & Adventure, Security, Military & Defense, and Others), and Regional Forecast, 2024-2032

Region :Global | Report ID: FBI107032 | Status : Ongoing

 

KEY MARKET INSIGHTS

Wearable cameras are devices designed to be worn on the user’s body or as a part of a costume extension to capture data. These cameras can recognize interactions, analyze scenes, or classify physical activities. The primary purpose of wearable cameras is image capture or recording media. These cameras comprise a sensor, microphone, imager, GPS, Bluetooth module, and more. Go Pro Cameras, Google Glass, DJI Action Cameras, and Lapel Pin Cameras are some examples of wearable cameras.


This hands-free technology enables the efficient capturing of moments from various angles. They come in different product types, such as head-mounted cameras, ear-mounted cameras, smart glasses, and body mounts. Benefiting from many advantages, the cameras can be used both in commercial and professional applications. Wearable cameras serve many industries, including sports and adventure, law enforcement, security, healthcare, retail, government, corrections, fire & rescue services, transportation, and resources.

The market growth is attributed to the increasing technological advancements escalating the wearable camera market growth. The urge to store data in the cloud and the rising integration of electronics in daily activities is also driving the market growth.

Impact of COVID-19 on the Wearable Camera Market


The COVID-19 outbreak has negatively impacted the market owing to the mandate shutdowns and restrictions by many governments. The hardware supply chain faced many disruptions as restrictions were imposed on import and export trade activities. This resulted in a decline in demand for wearable cameras. Moreover, wearable cameras are used actively in sports and adventure activities. All outdoor activities were banned during the pandemic, including trekking, hiking, surfing, skydiving, etc. Thus, the market faced hindrances in its growth pace.

However, conversely, a sharp rise in demand for these cameras was seen in the healthcare sector. Wearable cameras are considered to be a popular investment in this sector. Health and athletic activities drew a significant amount of attention to this market, thus helping the market to flourish. For instance,


  • In October 2021, DJI launched DJI Action 2, an updated version of the DJI Action compact camera. DJI Action 2 follows an adaptive and interchangeable design that can facilitate a variety of shooting, framing, and monitoring accessories.


Key Insights


The report will cover the following key insights:


  • Micro Macro Economic Indicators.

  • Drivers, Restraints, Trends, and Opportunities.

  • Business Strategies Adopted by the Players.

  • Impact of COVID-19 on the Wearable Camera Market.

  • Consolidated SWOT Analysis of Key Players.


Analysis by Type


Based on type, the market is categorized into head-mounted, body-mounted, smart glasses, and others. The head-mounted wearable camera holds the maximum share in the market and is expected to grow at the highest rate. The rising interest in social media activities and the popularity of the broadcasting industry are vital factors propelling the market growth.

Furthermore, live bloggers, autobiographical casters, journalists, and enthusiasts have used these head-mounted cameras rapidly, creating many opportunities for the wearable camera market. For instance,


  • In May 2022, Nokia collaborated with Savox and launched a 5G video head-mounted camera. Savox is a provider of communication solutions for defense and public safety markets. This camera enabled miners, manufacturers, public safety agencies, and other agencies to connect securely with machines and people.


Regional Analysis


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The global wearable camera market is divided into five regions: North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America holds the most significant market share due to the presence of leading technology providers in the U.S. and Canadian countries. Furthermore, the region leads in the early adoption of advanced technologies, accelerating market growth. There is an increasing demand for these cameras in the law enforcement and governmental sectors, fueling the market growth in the region. For instance,


  • In September 2021, GoPro launched a flagship camera, the HERO10 Black, for video stabilization and smooth performance. The wearable camera uses a high-performance GP2 processor and a resolution of 23-megapixel sensor. Moreover, it includes HyperSmooth 4.0 video stabilization.


The distribution of the wearable camera market by region of origin is as follows:


  • North America – 49%

  • Europe – 26%

  • Asia Pacific – 16%

  • The Middle East and Africa – 6%

  • South America – 3%


Key Players Covered


The major global wearable camera market companies include Sony Corporation, Panasonic Corporation, Garmin Ltd., Narrative AB, Drift Innovation Ltd., GoPro Inc., Reveal Media Limited, Pinnacle Response Ltd., Axon Enterprise, Inc., Vievu LLC, Contour LLC., Xiaomi, WatchGuard Technologies Inc., and others.

Segmentation


















By Type


By Sales Channel


By End User


By Geography



  • Head-Mounted

  • Body-Mounted

  • Smart Glasses

  • Others (Ear Mount)



 

 

 


  • Direct

  • Indirect


 



  • Healthcare



  • Sports & Adventure

  • Security

  • Military & Defense

  • Others (Retail, Government, etc.)




  • North America (U.S., Canada, and Mexico)

  • Europe (U.K., Germany, France, Italy, Spain, Russia, Benelux, Nordics, and the Rest of Europe)

  • Asia Pacific (China, India, Japan, South Korea, ASEAN, Oceania, and the Rest of Asia Pacific)

  • Middle East & Africa (Turkey, Israel, GCC, North Africa, South Africa, and the Rest of MEA)

  • South America (Brazil, Argentina, and the Rest of South America)



Key Industry Developments



  • In April 2022: Noyafa launched A18, a wearable camera that can shoot 1080p and is integrated with a CMOS image sensor. It can be used for meeting minutes, property security, traffic law enforcement, dispute records, railway and electrical inspections.

  • February 2022: Axis Communications launched AXIS W101, a body worn camera for a wide range of new sectors and markets. The camera offers improved audio and image quality with sharp images in every frame and noise suppression. Furthermore, the camera provides facilities including GPS, Galileo, Glonass, and improved location tracking.





  • Ongoing
  • 2023
  • 2019-2022

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