By 2027, the global market of body worn cameras is expected to reach $7.84 billion, growing at a compound annual growth rate of 17.52% during the forecast period. The increasing application of body worn cameras by law enforcement agencies is one of the key factors driving the market growth. Body worn cameras can be used to record police interactions in an impartial manner, which helps reduce human bias and ensures that there are no loopholes in evidence collection. The increase in the number of tourists is one of the most important factors driving the market growth of body worn cameras. With the increasing interest in adventure tourism, people’s demand for body worn cameras is also increasing. This has also led to an increase in sales volume of body worn cameras. KingTop, as a professional body worn camera manufacturer, will continue to let you know more about the market growth and future landscape of body worn cameras. For some time, body worn cameras have been a hot topic in news and public awareness. But not everyone is familiar with what they are, how they work, or why they are important to law enforcement and criminal justice systems.
Reasons For The Market Growth Of Body Worn Cameras
One of the key factors driving the market growth of body worn cameras is people increasing demand for adventure tourism. Body worn cameras are very helpful in capturing moments during adventure travel. Body worn cameras are a useful device when it comes to recording important and interesting moments during exploration tours. Alternative physical activities, such as outdoor sports, like backpacking, scuba diving, snorkeling, and bird watching, have significantly increased. This market growth of body worn cameras is due to the fact that more and more people are aware of the importance of health, and they are more willing to maintain their health and body shape. Another reason why adventure tourism is popular is the increasing demand for leisure time in busy lifestyles, especially in urban areas. People are looking for new ways to enjoy their leisure time, and adventure tourism provides this way. People hope to go to nature and enjoy the sunshine and fresh air, instead of staying indoors all day. Therefore, people’s increasing demand for leisure time also provides more market possibilities for body worn cameras. The increasing demand for personal protection and the need for evidence collection and recording have driven the increasing popularity of body worn cameras. More and more law enforcement personnel are also using body worn cameras, providing a huge market opportunity for body worn camera manufacturers.
The Market Challenges Of Body Worn Cameras
One of the most important factors hampering the market growth of body worn cameras is the market growth of counterfeit wearable devices and electronics. Counterfeit wearable devices and electronic products are electronic products manufactured using low-quality materials and components. These products often fail to meet their intended use, which may pose serious health risks to consumers. Nowadays, the market is flooded with fake copies of well-known products from major vendors. Most of these counterfeit products are manufactured in the Asia Pacific region due to the presence of low-cost labor and other counterfeit product markets. Counterfeiting products have a serious impact on brand reputation and sales. These counterfeit products lack authenticity, which can make consumers wary of their quality and greatly reduce brand loyalty. This will also affect the market growth of body worn cameras. In addition, the industry of body worn cameras lacks standardization. The market lacks a common set of rules and regulations to regulate its operation.
The Future Market Share Of Body Worn Cameras
During the forecast period, the market share in the live streaming field is expected to increase significantly. Live streaming is an emerging trend that has gained popularity among people in recent years. It allows users to stream their lives through social media platforms such as Facebook and Instagram, as well as YouTube channels. The growth of the market is driven by the following factors: increased demand for streaming live streaming applications in various industries, increased consumption of video content on social media platforms, and an increase in smartphone usage. The increasing adoption rate of 4G LTE technology by mobile users is expected to accelerate market growth. Industries such as media and entertainment, education, and government are increasingly adopting live streaming services as it is interactive, fun, and accessible to anyone. The global live streaming service market was worth $5.2 billion in 2017 and is expected to reach $10.9 billion by 2026. Trends such as increasing integration of advanced technologies with online streaming services and growing popularity of smart TVs will drive the growth of the recording and live streaming segment of the global on-the-go camera market during the forecast period.
Body worn cameras are used for recording and live streaming, providing up to 8 hours of real-time video recording, 12 hours of video recording, and 22 hours of standby time. Body worn cameras are used in law enforcement agencies, military applications, and educational institutions. A body worn has a resolution of 720 HD and can be used with smartphones, tablets, or personal computers. It also has an adjustable lens that allows you to capture the perfect angle during recording. Body worn cameras are made of high-quality materials, which are durable and reliable. This body worn camera can be used under various conditions, including low light or rain. It has a simple setup process that makes it the best choice for those who want to quickly start recording. By improving the transparency of incident occurrence and handling, the need to protect wearers and the public has driven the demand for body worn cameras. Law enforcement agencies, security personnel, and individual citizens are all using body worn cameras. They can be used to record traffic congestion or interact with police. In addition to serving as a self-protection tool to prevent false accusations of misconduct by law enforcement officials, body worn cameras have also been found to improve police performance. All of these factors can prove that the market landscape of body worn cameras is promising.