The global body worn camera market size is projected to expand at 22% CAGR from 2018 to 2024, as per the latest report published by Market Research Future (MRFR). MRFR’s report on the body worn camera market comprises growth drivers, challenges, and trends on the industry for the forecast period (2020-2027). The COVID-19 pandemic and its implications are explored in depth in the market.
Market Scope
The global Body Worn Camera Market Size is driven by use of connected wearables and its application in law enforcement agencies. Rising cases of suspect deaths during arrests has sparked the demand for cameras. Laws passed by states to integrate body worn cameras as part of the uniform can bode well for the market. Applications in military operations, private security, journalism, and firefighting can create continuous demand.
De-escalation of situations and explosive events coupled with rapid resolution of cases can drive its demand. Training of police officers in conduct of duty as well as their popularity on social media channels can spur market growth. According to the Office of Justice Programs Diagnostic Center’s study in 2014, body worn cameras had a positive impact on citizen lives and has led to implementation by various states in the U.S.
But legal laws pertaining to data privacy and theft can pose a challenge to the market.
COVID-19 Impact
The body worn cameras market will witness a positive demand rate owing to their need by law enforcement agencies for enforcing quarantine measures and assisting citizens in adhering to social distancing laws. Protection of citizens during fights or altercations coupled with deterring aggression can induce the demand for body worn cameras. Mandatory regulations for capturing work of officers on duty can bode well for the market.
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Segmentation
Live Streaming & Recording Cameras to Dominate Market Demand
The live streaming and recording type of body worn cameras is expected to dominate market demand owing to capture of live events and streaming of press conferences. The ability to reach users on a large scale can drive its demand significantly.
Full HD Segment to Capture Market Share
The full HD segment is set to dominate the global market due to its superior resolution and high definition quality of its images.
Regional Analysis
North America to Lead in Global Body Worn Camera Market
North America can command the lead in the global market and exhibit 18.3% CAGR during the forecast period. This is attributed to its demand in law enforcement agencies and public outcry regarding the distaste of behavior of public officials. Pilot programs made with collaboration of vendors and improving efficiency of LEOs can drive regional market growth. Availability of compact devices can influence regional demand.
Competitive Analysis
Transcend Information, Inc. (Taiwan), Coban Technologies, Inc. (U.S.), GoPro, Inc. (U.S.), Motorola Solutions (U.S.), WatchGuard Technologies, Inc. (U.S.), Digital Ally, Inc. (U.S.), Axon Enterprises, Inc. (U.S.), Reveal Media Limited (U.S.), Panasonic Corporation (Japan), and Pinnacle Response Ltd. (Ireland) are key players in the global body worn camera market. Development of new features and collaborations are to be witnessed in the market.
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Industry News
Axon has joined hands with Gujarat State Police to deploy 10, 350 body worn cameras for its personnel. This can be used by first responders to take appropriate decisions and provide visibility to ongoing situations.
About Market Research Future:
Market Research Future (MRFR) is a global market research firm that takes great pleasure in its services, providing a detailed and reliable study of diverse industries and consumers worldwide. MRFR's methodology integrates proprietary information with different data sources to provide the client with a comprehensive understanding of the current key trends, upcoming events, and the steps to be taken based on those aspects.
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