Body Worn Camera Market Research Report by Forecast to 2023
Summary Body worn cameras are generally used for capturing audio and video data digitally. It comprises a camera, microphone, battery, and data storage unit that is either on board or connected to a camera unit using a cable. Based on the model body worn cameras can also be head mounted or worn anywhere on the body. There are various types of cameras that include the ability for recording a video and play later. Alternatively, it can also perform live streaming, depending on the system that is used. Market Research Future (MRFR) recently conducted research and presented a market research report that suggests that the global body worn camera market is likely to register a CAGR of 17% over the forecast period of 2017-2023. Several factors are complementing the ascension of the global body worn camera industry over the forecast period. These cameras have found primary applications in the surveillance sector and are mostly used by police and special law enforcement agencies. It aids in the capturing of evidence and recording real time data. One of the major factors fostering is the rising need for accountability and the maintenance of a transparent approach during police conduct.
Based on type, the global body worn camera market is segmented into recording type, and recording and live streaming type. B ased on solutions, the global body worn cameras market is segmented into smart redaction, smart scene 360, and smart shot 360. Based on industry, the global body-worn camera market is segmented into local authorities and council, police, special industry, transportation, retail and leisure, and emergence services.
Regional Analysis: The global BWC market is studied for a detailed regional segmentation to gain insight in the functioning of specific market segments. Regions included in this segmentation are Asia Pacific, North America, Europe, and Rest of the World. North America is presently the largest shareholder in the global body worn camera market. The researchers have observed that Europe is expected to gain the fastest CAGR over the forecast period, in the global BWC industry. This is bound to enable Europe to take over North America during the forecast period. On the other hand, Asia Pacific is also likely to gain fast-paced growth over the forecast period, as per the report. This snowballing is attributed to the rising adoption of the latest technologies in the safety and security sector of various developing countries.