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Wearable Camera Market - Industry Trends, Opportunities and Forecasts to 2023

  • ID: 4451994
  • Report
  • 83 pages
  • Knowledge Sourcing Intelligence LLP
UP TO OFF
until Dec 31st 2019
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FEATURED COMPANIES

  • Apple
  • Digital Ally
  • Garmin
  • GoPro
  • iON
  • Narrative
  • MORE
The wearable camera market was valued at US$2.958 billion in 2017 and is projected to reach US$8.143 billion in 2023 exhibiting a robust CAGR of 18.39% during the forecast period. Wearable cameras can be considered as an extension of the smartphone camera that enables hands-free functionality, thereby allowing users to capture pictures by using both body or head mounts. At present, wearable camera market includes cameras used for sports and adventure activities, public safety, and consumer applications. Sports and fitness is one of the largest segment of the global wearable camera market.

Growing demand for adventure holiday including hiking and cycling by customers across the globe is augmenting the demand for wearable cameras to capture thrilling moments. Moreover, the demand for these cameras for public safety in order to check citizens’ behavior and prevent both police misconduct and frivolous citizen complaints is also propelling the growth of global wearable camera market. Emerging trends in the social media sharing have increased the need to capture the moment in various activities. New technologies such as 360 vision, artificial intelligence and others are creating new opportunities in the wearable camera market. Intelligent software and cloud capabilities have enabled the limitless capturing of the moment without worrying about the size of storage.

However, the use of such cameras is not prominent for industrial and lifelogging on account of the issues such as limited battery life. Limited public usage and privacy issues are also acting as a barrier to the market growth.

Research Methodology

The report provides a brief introduction to the market and deals with detailed research methodology for calculating market size and forecasts, secondary data sources used and the primary inputs which were taken for data validation. This section also outlines various segmentation which has been covered as part of the report.

Market Dynamics

This section provides comprehensive market dynamics through an overview section along with growth drivers, challenges, and opportunities which exist in the current market. This section of the report also provides supplier and industry outlook as a whole; key industry, global and regional regulations which are determining the wearable camera market growth. Complete industry analysis has also been covered by Porter’s five forces model as a part of this report section.

Segmentation

Wearable Camera market has been segmented on the basis of end-user industry and geography.

By End User Industry
  • Sports and Fitness
  • Military and Defense
  • Manufacturing
  • Healthcare
  • Others
By Geography
  • Americas
  • North America
  • US
  • Canada
  • Mexico
  • Others
  • South America
  • Brazil
  • Others
  • Europe Middle East and Africa
  • Europe
  • United Kingdom
  • Germany
  • France
  • Others
  • Middle East and Africa
  • Asia Pacific
  • Japan
  • China
  • Others
Market Players

Competitive intelligence and company profiles sections analyze key players in the market, their growth strategies, products, financials, and recent investments among others. Key industry players profiled as part of this section are Digital Ally, Apple, Panasonic, Garmin, GoPro, iON, Narrative, VIEVU, and Xiaomi.
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Apple
  • Digital Ally
  • Garmin
  • GoPro
  • iON
  • Narrative
  • MORE
1. Introduction

2. Research Methodology

3. Executive Summary

4. Market Dynamics
4.1. Segmentations
4.2. Drivers
4.3. Restraints
4.4. Opportunities
4.5. Supplier Outlook
4.6. Industry Outlook
4.7. Porter’s 5 Forces Analysis
4.8. Industry Value Chain Analysis

5. Wearable Camera Market Forecast by End User Industry (US$ billion)
5.1. Sports and Fitness
5.2. Military and Defense
5.3. Manufacturing
5.4. Healthcare
5.5. Others

6. Wearable Camera Market Forecast by Geography (US$ billion)
6.1. Americas
6.1.1. North America
6.1.1.1. US
6.1.1.2. Canada
6.1.1.3. Mexico
6.1.1.4. Others
6.1.2. South America
6.1.2.1. Brazil
6.1.2.2. Others
6.2. Europe Middle East and Africa
6.2.1. Europe
6.2.1.1. United Kingdom
6.2.1.2. Germany
6.2.1.3. France
6.2.1.4. Others
6.2.2. Middle East and Africa
6.3. Asia Pacific
6.3.1. Japan
6.3.2. China
6.3.3. Others

7. Competitive Intelligence
7.1. Investment Analysis
7.2. Recent Deals
7.3. Strategies of Key Players

8. Company Profiles
8.1. Digital Ally
8.2. Apple
8.3. Panasonic
8.4. Garmin
8.5. GoPro
8.6. iON
8.7. Narrative
8.8. VIEVU
8.9. Xiaomi
Note: Product cover images may vary from those shown
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  • Digital Ally
  • Apple
  • Panasonic
  • Garmin
  • GoPro
  • iON
  • Narrative
  • VIEVU
  • Xiaomi
Note: Product cover images may vary from those shown
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The research study is based on the publisher's proprietary research model. The process involves sourcing of information from various industry experts, key professionals, decision-makers and various other stakeholders along with the validation of the responses received from the vast in-house database and premium paid databases. Publicly available sources were also taken into consideration for the final market estimates and forecast for the segments and sub-segments.

The first phase of the research process is the identification of key industry leaders, experts, decision-makers and C-level executives and then conducting interviews and surveys to gain vital insights about the market. Simultaneously, extensive secondary research is done, and key secondary data is collected as part of this process. This secondary data is collected from various databases, industry journals, whitepapers, company annual reports, research publications, and other paid data sources and relevant literature. Company profiles which include strategies, new product developments, recent investments, major products and services, financials and business plans are sourced from the annual reports, SEC filings, industry associations to preserve the quality of the information being displayed. The findings from both the primary and the secondary research process combined go under further processing for market breakdown and forecasting.

The last phase is providing intelligence in the form of presentation, charts, graphics and other different formats helping the clients in a faster and efficient understanding of the market. Under this phase complete market engineering is involved which includes analyzing the collected data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting. The publisher has developed their market forecasting methodology that, in addition to the main market values, also takes into account other macroeconomic factors (global or local) that might have some bearing on the market under study. Taking all the necessary data, a robust forecast is developed using an algorithm that involves both static (multivariate) as well as dynamic (time-series) regression analysis. Special care is taken to make sure their algorithm passes the necessary statistical tests, and the mean prediction for future years obtained is reliable with a very high confidence level. Following data validation, the analysts begin to write the report presenting insights with the help of charts, graphs, and tables.

 

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