Wearable Cameras Market: Emerging Economies Expected to Influence Growth until 2022
The wearable cameras market witnessed robust impetus from the large strides being taken by the travel and tourism industry and sports industry
(EMAILWIRE.COM, February 27, 2019 ) Demand for wearable cameras has surged owing to the rising popularity of adventure sports such as hiking, mountain biking, trekking, skiing and sky diving among other. Participants use wearable cameras to record and live stream their experience. In addition, the expansion of the travel and tourism industry is also influencing the global wearable cameras market. Many broadcasting studios are now using wearable cameras during live telecast of sporting events to provide exclusive player perspective or viewpoint.
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Players are mounted with wearable cameras during the game to offer an infield view to viewers. Use of wearable cameras has also increased in the defense sector due to their efficiency and high performance. Moreover, growing attraction towards outdoor activities and higher emphases on improving safety measures is also expected to make a positive impact on the global sales of wearable cameras over the next couple of years. On the other hand, the small size of wearable cameras makes them fragile and expensive, which to an extent has been deterring the prospects of the global wearable cameras market. According to the latest report published by Fact.MR, the global wearable cameras market will surge at a staggering CAGR of 13.4% during 2017 to 2022.
Wearable cameras can be worn or attached to a part of the body. The designs of wearable cameras often incorporate practical features and functions. Wearable cameras are head mountable, ear mountable and body mountable. These cameras can be used for recording and broadcasting real time incidences, without having to hold a camera in hand.
North America to Spearhead the Global Wearable Cameras Market
The wearable cameras market in North America is expected to remain highly lucrative during the forecast period (2017-2022) and is projected to exhibit a double-digit CAGR. This is primarily owing to the presence of a large number adventure seekers and outdoor sport enthusiasts who prefer to use wearable cameras to monitor and capture their field experience. Further, rise in disposable income and availability of cutting-edge wearable cameras in the region is also driving the growth of the market in the North America region.
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Head Mount Wearable Cameras Top Selling Product Type Segment
On the basis of product type, preference for head mount wearable cameras is significantly high and the trend is expected to continue over 2022. In terms of revenue, global sales of head mount wearable cameras currently account for more than 52% market share. Towards the end of the assessment period, around US$ 4,800 Mn worth head mount wearable cameras are anticipated to be sold globally.
Competition Tracking
Key market players profiled in Fact.MR’s report include Digital Ally, Inc., Garmin International, Inc., GoPro, Inc., iON America LLC, Narrative, Pinnacle Response, Axon Enterprise, Inc., VIEVU, Hitachi, Ltd., and General Electric Company.
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About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
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Players are mounted with wearable cameras during the game to offer an infield view to viewers. Use of wearable cameras has also increased in the defense sector due to their efficiency and high performance. Moreover, growing attraction towards outdoor activities and higher emphases on improving safety measures is also expected to make a positive impact on the global sales of wearable cameras over the next couple of years. On the other hand, the small size of wearable cameras makes them fragile and expensive, which to an extent has been deterring the prospects of the global wearable cameras market. According to the latest report published by Fact.MR, the global wearable cameras market will surge at a staggering CAGR of 13.4% during 2017 to 2022.
Wearable cameras can be worn or attached to a part of the body. The designs of wearable cameras often incorporate practical features and functions. Wearable cameras are head mountable, ear mountable and body mountable. These cameras can be used for recording and broadcasting real time incidences, without having to hold a camera in hand.
North America to Spearhead the Global Wearable Cameras Market
The wearable cameras market in North America is expected to remain highly lucrative during the forecast period (2017-2022) and is projected to exhibit a double-digit CAGR. This is primarily owing to the presence of a large number adventure seekers and outdoor sport enthusiasts who prefer to use wearable cameras to monitor and capture their field experience. Further, rise in disposable income and availability of cutting-edge wearable cameras in the region is also driving the growth of the market in the North America region.
Browse More Information about this Report @ https://www.factmr.com/report/240/wearable-cameras-market
Head Mount Wearable Cameras Top Selling Product Type Segment
On the basis of product type, preference for head mount wearable cameras is significantly high and the trend is expected to continue over 2022. In terms of revenue, global sales of head mount wearable cameras currently account for more than 52% market share. Towards the end of the assessment period, around US$ 4,800 Mn worth head mount wearable cameras are anticipated to be sold globally.
Competition Tracking
Key market players profiled in Fact.MR’s report include Digital Ally, Inc., Garmin International, Inc., GoPro, Inc., iON America LLC, Narrative, Pinnacle Response, Axon Enterprise, Inc., VIEVU, Hitachi, Ltd., and General Electric Company.
Make an Enquiry before buying this report @ https://www.factmr.com/connectus/sample?flag=AE&rep_id=240
About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
Contact Us
Fact.MR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.com/
Blog: https://factmrblog.com/
Read Industry News at - https://www.industrynewsanalysis.com/
Contact Information:
Fact.MR
James Hilton
Tel: +353-1-6111-593
Email us
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Fact.MR
James Hilton
Tel: +353-1-6111-593
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results