Global Wearable Camera Market (2023-2028) Competitive Analysis, Impact of Covid-19, Ansoff Analysis

The Global Wearable Camera Market is estimated to be USD 6.16 Bn in 2023 and is expected to reach USD 10.01 Bn by 2028 growing at a CAGR of 10.22%.

Market Dynamics

Increasing outdoor activities such as water sports, hiking, sky-diving, etc., coupled with rising tourism, is increasing the demand for wearable cameras. Like Facebook, Instagram, social media platforms have developed the scope of photography and video around the world. In addition, the rising live streaming trend is significantly increasing the market growth. The growing applications of wearable cameras in security and surveillance, healthcare, sports, and other sectors have witnessed robust impetus in the market. However, the high cost and privacy & ethical issues of wearable cameras are expected to hinder the market growth.

Technological advancements and increasing use of wearable cameras for self-management by patients with chronic diseases and rehabilitation are likely to create new opportunities in the wearable camera market.

Market Segmentation

• The Global Wearable Camera Market is segmented further based on Type, End-User, and Geography.
• By Type, the market is classified as head mount, body mount, ear mount & smart glass. Amongst all, the head mount segment is estimated to hold the highest market share.
• By End User, the market is classified as sports and fitness, military and defense, manufacturing, healthcare and others commercial use and personal use. Amongst all, the sports and fitness segment is estimated to hold the highest market share.
• By Geography, Europe is projected to lead the market.

Recent Developments

1. Ulefone launches night vision wearable body camera. - 3rd May 2021
2. Insta360 introduced new wearable camera, Go 2 in US. - 9th March 2021

Company Profiles

Some of the companies covered in this report Narrative AB, Pinnacle Response Ltd., Axon Enterprise, Inc., Vievu LLC, Xiaomi, Sony Corporation, Contour, LLC, SZ DJI Technology Co., Ltd etc

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Why buy this report?

• The report offers a comprehensive evaluation of the Global Wearable Camera Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
• The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
• The report includes in-depth market analysis using Porter’s 5 force model and the Ansoff Matrix. The impact of Covid-19 on the market is also featured in the report.
• The report also contains the competitive analysis using Positioning Quadrants, the Proprietary competitive positioning tool.

Report Highlights:

• A complete analysis of the market, including parent industry
• Important market dynamics and trends
• Market segmentation
• Historical, current, and projected size of the market based on value and volume
• Market shares and strategies of key players
• Recommendations to companies for strengthening their foothold in the market