Body Worn Camera Market Projected to Hit USD 2,074.0 Million at 16.4% CAGR by 2030 – Report by Market Research Future (MRFR)

Market Overview:

According to a comprehensive research report by Market Research Future (MRFR), “Body Worn Camera Market” information by Mode of Operation, by Resolution, by End User and Region – Forecast to 2030” market size to reach USD 2,074.0 Million, growing at a compound annual growth rate of 16.4% by 2030.

Market Scope:

The growing demand for body worn cameras from sports and adventure tourism will offer robust opportunities for the market over the forecast period. The increase is linked to a rise in health consciousness among individuals who want to keep healthy and strong, as well as a growing desire for leisure in the midst of a stressful lifestyle, especially in urban regions.

In addition, a rise in recreational water sports & adventure tourism is predicted to enhance demand for body worn cameras. As a result, the growing popularity of recreational water sports & adventure tourism is likely to boost the market’s growth throughout the forecast period. Backpacking, rafting, scuba diving, snorkelling, leaf-peeping, and bird watching are all popular activities in the adventure tourism & sports industries.

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Dominant Key Players in Body Worn Camera Market Covered are:

• Reveal Media Limited (U.S.)
• Axon Enterprises Inc. (U.S.)
• Pinnacle Response Ltd. (Ireland)
• WatchGuard Technologies Inc. (U.S.)
• GoPro Inc. (U.S.)
• Panasonic Corporation (Japan)
• Coban Technologies Inc. (U.S.)
• Transcend Information Inc. (Taiwan)
• Digital Ally Inc. (U.S.)
• Motorola Solutions (U.S.)

Market Drivers

Increasing Adoption by Law Enforcing Agencies and Security Personnel to Boost Body Worn Camera Market Growth

The widespread adoption of body-worn cameras by security professionals and law enforcement agencies is propelling the Global Body Worn Cameras Market forward. Body-worn cameras record police enforcement or military personnel’s interactions with the public and can be utilized as important evidence in a variety of situations.

Data Theft and Privacy Issues to act as Market Restraint

The legal policies related to data theft and privacy issues may act as a market restraint over the forecast period. Besides, the high cost of these cameras may also impede body worn camera market growth.

Dubious Studies to act as Market Challenge

Dubious studies coupled with lack of independent evaluators to verify the perks of these cameras may act as market challenges in the forecast period.

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Segmentation of Market Covered in the Research:

The global body worn camera market has been bifurcated based on mode of operation, resolution, and end user.

By mode of operation, live streaming and recording will lead the body worn camera market over the forecast period.

By resolution, full HD will dominate the body worn camera market over the forecast period.

By end user, law enforcement will spearhead the market over the forecast period.

Regional Analysis

North America to Hold Lion’s Share in Body Worn Camera Market

Because of different state financing schemes supporting its usage in law enforcement agencies, North America is likely to capture the lion’s share of the worldwide body worn camera market. Due to several states in the country adopting pilot initiatives to improve the effectiveness of law enforcement officials, the region is predicted to grow at an 18.3 percent CAGR over the projection period. The fact that a growing number of federal agencies are opting for these programmes may reveal the market’s hidden potential. The United States is predicted to lead in the technological field of body worn cameras, and the availability of smart gadgets bodes well for the market.

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APAC to Have Significant Growth in Body Worn Camera Market

Due to the presence of federal funding programmes for law enforcement in the United States, use and testing of body-worn cameras by police departments in the United States, high adoption of the devices, high technology exposure and ease of availability of smart devices, and increasing participation of individuals in extreme sports events in the region, Asia-Pacific will have a significant growth in the body-worn camera market.

About Market Research Future:

Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis regarding diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.

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