The
global wearable camera market size is expected to reach
USD 10.9 billion by 2025, at a CAGR of 18.2% according to a new report by Grand
View Research, Inc. The growing demand for convenience and exceptional
experience of cameras has increased the growth and penetration of wearable
cameras. The growing demand for smartphones, easy accessibility of the
internet, and high-speed data networks have resulted in the increasing usage of
these cameras. The growing adoption of wearable cameras in the security and
medical sectors is anticipated to revolutionize the market by 2025.
The
market has been segmented based on varied types of wearable cameras, such as
head mount, body mount, and ear mount & smart glass. Based on applications,
the market has been segmented into sports & adventure, security,
healthcare, and industrial. The sports & adventure sector is the largest
application sector in terms of size and is expected to dominate the market over
the forecast period, owing to the rising popularity of sports and adventure
activities.
The
growing popularity of wearable cameras is encouraging manufacturers to invest
in research & development for creating better products. Manufacturers have
been observed making significant investments to simultaneously develop new
products in an effort to enhance user experience. Additionally, researchers are
focusing on innovating reliable and cost-effective products.
Browse full research report on Wearable
Camera Market: https://www.grandviewresearch.com/industry-analysis/wearable-camera-market
Further key
findings from the report suggest:
- The global wearable
camera market was valued $2.09 Billion in 2016 and is expected to grow at
a 18.19% CAGR from 2017 to 2025
- The head mount
segment dominated the overall market in 2016. A head mount wearable camera
is often attached to the helmet of the user and generally used in sports
and adventure activities such as wingsuit flying and base jumping.
- The growing demand
for wearable cameras can be accredited to the growing popularity of
sharing experiences on social networking sites.
- Wearable cameras
offer exciting new applications in the medical field. For instance, they
are used for surgical training where the first-person surgical video
captured by the wearable camera is used as a training resource.
- The North American
region dominated the market, accounting for the largest global market
share in 2016 owing to its large consumer base.
- Key industry
participants include GoPro Inc. (U.S.), Drift Innovation Ltd. (UK), Garmin
Ltd. (U.S.), Xiaomi (China), and Sony Corporation (Japan).
Browse request sample of this report by
Grand View Research: https://www.grandviewresearch.com/industry-analysis/wearable-camera-market/request/rs1
Grand
View Research has segmented the wearable camera market based on types,
products, applications, and regions:
Wearable
Camera Application Outlook (Revenue, USD Million; 2014 - 2025)
- Sports &
Adventure
- Security
- Healthcare
- Industrial
Wearable
Camera Type Outlook (Revenue, USD Million; 2014 - 2025)
- Head Mount
- Body Mount
- Ear Mount &
Smart Glass
Wearable
Camera Product Outlook (Revenue, USD Million; 2014 - 2025)
- Cameras
- Accessories
Wearable
Camera Regional Outlook (Revenue, USD Million; 2014 - 2025)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Asia Pacific
- China
- Japan
- South America
- Brazil
- The Middle East
& Africa (MEA)
About Grand View Research
Grand View Research, Inc. is a U.S. based market
research and consulting company, registered in the State of California and
headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
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