Market Overview:

The global wearable camera market size reached US$ 5.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 13.2 Billion by 2028, exhibiting a growth rate (CAGR) of 15.3% during 2023-2028.

A wearable camera refers to a life-logging technology used to track and record behavioral data, such as capturing user-centered data, analyzing a scene, recognizing interactions, and classifying physical activities. It is generally equipped with advanced technologies like imagers and multiple sensors, such as microphones and inertial measurement units. It is nowadays widely preferred over manual cameras as it has a long battery life and the ability to record an extensive collection of passive images automatically without user interaction.

Wearable Camera Market Trends:

The increasing participation of individuals in professional sports and adventure events represents one of the key factors stimulating the market growth. Moreover, wearable cameras are worn by referees and umpires in games to record sports events and skydivers or underwater divers to record experiences without any hassle. In addition to this, increasing usage of social media platforms and the emerging trend of vlogging, affordable and lightweight wearable cameras, such as GoPro, are gaining traction across the globe. Apart from this, due to the growing prevalence of chronic diseases, the demand for wearable cameras is catalyzing worldwide to capture health-related behaviors and risk factors of diseases, such as diet, exercise, and sedentary behaviors. Furthermore, the data collected from these cameras can be utilized to provide valuable contextual information and understand the self-management of chronic diseases. Besides this, market players are launching innovative cameras, such as a three-axis brushless gimbal camera with a unique design, ultra-light wearable, breakpoint shooting, built-in speaker, face tracking, and five-way joystick. This, in confluence with rapid urbanization and inflating per capita income levels of individuals, is anticipated to augment the adoption of wearable cameras around the world.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global wearable camera market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, product, sales channel and application.

Breakup by Type:

• Head Mount
• Body Mount
• Ear Mount and Smart Glass
   

Breakup by Product:

• Cameras
• Accessories
   

Breakup by Sales Channel:

• Online
• Offline
   

Breakup by Application:

• Sports and Adventure
• Security
• Healthcare
• Industrial
   

Breakup by Region:

• North America
  • United States
  • Canada
• Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
• Latin America
  • Brazil
  • Mexico
  • Others
• Middle East and Africa
   

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Axon Enterprise Inc., Contour LLC, Digital Ally Inc., Drift Innovation, Garmin Ltd., GoPro Inc., Narrative AB (Narrative Clip), Panasonic Holdings Corporation, Pinnacle Response Ltd. and Sony Corporation.

Report Coverage: