|Axon Enterprises Inc. (US)|
|Motorola Solutions (US)|
|Transcend Information Inc. (Taiwan)|
|Reveal Media Limited (US)|
|Panasonic Corporation (Japan)|
|Digital Ally Inc. (US)|
|Coban Technologies Inc. (US)|
|Wireless CCTV LLC (US)|
|Getac Video Solutions Inc. (US)|
|Hytera Communications Corporation Limited (US)|
|Excelerate Technology Limited (UK)|
|Utility Associates Inc. (US)|
|LensLock Inc. (US)|
|REM Trading Ltd (UK)|
|Market Driving Forces|
|Increasing use of smart gadgets in law enforcement|
|Admissibility of video footage as evidence|
The Global body-worn camera market Size was valued at 545.9 million in 2021. The body-worn camera industry is projected to grow USD 2,074.0 million by 2030, exhibiting a compound annual growth rate (CAGR) of 16.4% during the forecast period (2022 - 2030).
Body-worn cameras are used to capture audio and video data digitally. These cameras are primarily used for surveillance purposes by police and special law enforcement agencies. Body-worn cameras are gaining popularity in law enforcement, military, and transportation verticals due to the increased need for evidence against theft, terror activities, and illegal immigration.
For the purpose of analysis, MRFR has segmented the body-worn camera market based on the mode of operation, resolution, end user, and region. By mode of operation, the body-worn camera market is segmented into recording type and live streaming and recording type. Among these, the recording type segment dominated the global market and is expected to reach USD 1,230.3 million by 2030. By resolution, the body-worn camera market has been segmented into 4K, full HD, HD, and others. Among these, the full HD segment dominated the global market in 2030 and is expected to reach USD 769.1 million by 2030. By end user, the body-worn camera market has been segmented into law enforcement, transportation, military, sports & leisure, and others. Among these, the law enforcement segment dominated the market in 2021, having the largest market share of 34.0%.
The major manufacturers and key players operating in the body-worn camera market include Axon Enterprises Inc, Panasonic Corporation, Motorola Solutions, Transcend Information, WatchGuard Technologies Inc, Reveal Media Limited, Digital Ally Inc, Coban Technologies Inc, and Pinnacle Response Ltd. New product launch and focus on organic growth is the major strategy adopted by the above-mentioned players.
In late 2019, COVID-19 was first detected in Wuhan, China. In March 2020, the World Health Organization declared COVID-19 a global pandemic. Since then, this contagious disease outbreak has continued to spread throughout the US and world. It has adversely affected workforces, economies, and financial markets globally, leading to an economic downturn. The factory shutdowns across the globe have disrupted the supply chains for the tech industry, especially hardware, electronic manufacturing services providers, and semiconductor companies. The risk of the continuous spread of COVID-19 over the first two quarters of 2020 and beyond has led to slower world GDP growth and world trade volumes, thus creating massive implications on the manufacturing and production ecosystem. Global key companies in the body-worn camera market are facing a slowdown due to COVID-19 and are unable to initiate projects and execute product developments. However, the companies are taking actions to enhance their financial flexibility and continue producing and shipping critical core products with little to no interruptions.
The global body-worn camera market is proliferating at a rapid pace. The global market growth is driven by factors such as increasing usage of smart gadgets in law enforcement and the high demand for video content sharing for surveillance and security. Another factor fueling the body-worn camera market's growth is that it can be used by military forces for training purposes. However, the growth of the global market is likely to be hindered by rising adoption of smartphone and action cameras during the forecast period.
The continuous advancements in the consumer electronics sector have led to the miniaturization of several devices. Cameras have undergone an evolution in terms of product size, quality, and efficiency. The adoption of body-worn cameras by law enforcement agencies, especially the police, has improved transparency and legitimacy in the process. Additionally, these body-worn cameras are compatible with Wi-Fi, Bluetooth, and live streaming platforms, to directly upload the video to central management or even social media to report intended and unintended consequences. Thus, the increasing use of smart gadgets in law enforcement is expected to drive the growth of the global body-worn camera market during the forecast period.
Value Chain Analysis
The body-worn camera market has experienced significant growth in the past and is expected to grow at a steady rate in the next few years. This is due to the increased adoption of cameras by law enforcement, police, and military authorities for training purposes. The value chain analysis for the global body-worn camera market comprises four major levels: component manufacturers, assemblers/integrators, sales & distribution, and customers.
The global body-worn camera market has been segmented into mode of operation, resolution and end users.
Based on mode of operation, the body-worn camera market has been bifurcated into recording type, and live streaming and recording.
Based on resolution, the body-worn camera market has been segmented into 4k, full HD, HD, and others.
Based on the end users, the market has been split into law enforcement, military, transportation, sports & leisure, and others.
Globally, the body-worn camera market has been categorized into the North America, Europe, Asia-Pacific, the Middle East & Africa, and South America. North America accounted for the largest market share of 36.5% in 2021, with a market value of USD 120.7 million; it is expected to register the highest CAGR of 15.8% during the forecast period. Followed by European market in 2021, projected to register a CAGR of 15.8%.
GLOBAL BODY-WORN CAMERA MARKET, BY REGION, 2021 (% SHARE)Source: Industry Expert, Secondary Research, and MRFR Analysis
North America region to bolster the body-worn camera market
North America dominated the body-worn camera market in 2021 and is expected to maintain its dominance during the forecast period, 2022–2030. Body-worn cameras are widely adopted by military and law enforcement agencies in North America owing to the increasing crime rate. The rising trend of content sharing over social media platforms has also propelled the growth of the tourism & travel industry, which has further increased the adoption of body-worn cameras. The growing adoption of the cloud and mobile video and photo editing platforms has made the transferring of content seamless and easier; this has further led to a significant increase in the sales of body-worn cameras in recent years.
The global market for body-worn camera has witnessed significant growth over the forecast period due to the increasing use of smart gadgets in law enforcement. There are several domestic, regional, and global players operating in the body-worn camera market who continuously strive to gain a significant share of the overall market. During the study, MRFR has analyzed some of the major players in the global body-worn camera market who have contributed to the market growth. These include Axon Enterprises Inc. (US), Motorola Solutions (US), Transcend Information, Inc. (Taiwan), Reveal Media Limited (US), Panasonic Corporation (Japan), Digital Ally Inc. (US), Coban Technologies Inc. (US), IMINT (Sweden), Wireless CCTV LLC (US), Getac Video Solutions Inc. (US), Hytera Communications Corporation Limited (US), Excelerate Technology Limited (UK), Safety Vision, LLC (US), Utility Associates, Inc. (US), LensLock, Inc. (US) and REM Trading Ltd (UK).
Among these, MRFR has identified top five key players in the global body-worn camera market who have contributed to the global market growth.
These players focus on expanding and enhancing their Resolution portfolio and services to remain competitive and increase their customer base. Additionally, these players are focusing on partnerships & collaborations to expand their business and customer base to enhance their market position.
This study estimates revenue growth at global, regional, and country levels and offers an overview of the latest developments in each of the sub-sectors from 2018 to 2030. For this analysis, MRFR segmented the global body-worn camera market report based on mode of operation, resolution and end users.
By Mode of operation
By End User
|Market Size||USD 2,074.0 million|
|Forecast Units||Value (USD Million)|
|Report Coverage||Revenue Forecast, Competitive Landscape, Growth Factors, and Trends|
|Segments Covered||• By Mode of operation (Recording Type, Live Streaming and Recording) • By Resolution (4k, Full HD, HD, Others) • By End User (Law Enforcement, Military, Transportation, Sports & Leisure, Others)|
|Geographies Covered||• North America (US, Canada, and Mexico) • Europe (UK, Germany, France and Rest of Europe) • Asia-Pacific (China, Japan, India and Rest of Asia-Pacific) • Middle East & Africa • South America|
|Key Vendors||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.), and Motorola Solutions (U.S.)|
|Key Market Opportunities||Integration of facial recognition technology in body-worn cameras|
|Key Market Drivers||Increasing use of smart gadgets in law enforcement • Admissibility of video footage as evidence|
A 16.4% CAGR is expected to transform the market.
The North America regional market is projected to be the major driver of the market.
The segments in the market are offering mode of operation, resolution and end users.
The key contenders in the market are Axon Enterprises Inc. (US), Motorola Solutions (US), Panasonic Corporation (Japan), Transcend Information, Inc. (Taiwan), Digital Ally Inc. (US) and IMINT (Sweden).