Global Wearable Camera Market is valued USD 2.9 billion in 2017 is anticipated to grow USD 11.0 billion with the compounded annual growth of 18.2 % over the forecast period 2017-2025.
New York 26 Aug 2018, As per the new research study conducted by Bizwit Research & Consulting, Global Wearable Camera Market industry is poised to raise USD 11.0 billion by 2025. Head Mount, Body Mount, and Ear mount & smart watch are the Type of the Global Wearable Camera Market. End Application market is further segmented at the regional level. Regional penetration for each Application is derived from the macroeconomic factors such as Per-capita Income size, GDP, & International trade The regional level applications are further segmented into End user based on their usage in respective applications..
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The industry is seems to be fairly competitive Some of the key manufacturers involved in the market are Drift Innovation Ltd, Garmin Ltd, Pinnacle Response Ltd., Axon Enterprise, Inc, Vievu LLC, Xiaomi, Sony Corporation, Contour, LLC, JVCKENWOOD USA Corporation & Go pro Inc. Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers. New product launches and continuous technological innovations are the key strategies adopted by the major players. Additionally, the fierce competitiveness has made these players spend in product developments to improve the customer’s requirement
Key findings of the study:
- This technology has evolved with impressive features that let users record their experiences in a unique and first-person perspective.
- The advancement of Internet accessibility and usage of different social media sites and apps have encouraged users to adopt the wearable camera technology.
- The main aspects leading to the growth of this technology are convenience, responsiveness, and security.
Bizwit Research & Consulting LLP has considered following segments for the study:
- Sports & Adventure
- Head Mount
- Body Mount
- Ear Mount & Smart Glass
- North America
- Asia Pacific
- Latin America
- Rest of the World