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According to a new report, published by KBV research, The Global Wearable Camera Market size is expected to reach $22.1 billion by 2030, rising at a market growth of 14.2% CAGR during the forecast period. In the year 2022, the market attained a volume of 40,194.3 thousand units experiencing a growth of 14.3% (2019-2022).
The Accessories segment is experiencing a CAGR of 15.7% during (2023 - 2030). Accessories amplify the functionality of wearable cameras. Manufacturers have introduced various accessories, such as mounts, harnesses, grips, tripods, and protective cases. These items enable users to mount cameras on various surfaces, capture different perspectives, and ensure the safety of the devices during extreme activities. The availability of versatile accessories caters to diverse user needs, expanding the market appeal beyond just action sports enthusiasts to everyday users and professionals.
The Head Mount segment is leading the Global Wearable Camera Market by Type in 2022; thereby, achieving a market value of $15 billion by 2030. Head-mounted wearable cameras offer a hands-free experience, allowing users to capture moments without handheld devices. This convenience has particularly appealed to adventure enthusiasts, sports practitioners, and vloggers who seek an immersive, first-person perspective while engaging in various activities such as skiing, mountain biking, rock climbing, and more. This viewpoint creates intense, experiential content that resonates strongly with audiences seeking more immersive experiences.
The Healthcare segment is registering a CAGR of 15.3% during (2023 - 2030). The COVID-19 pandemic accelerated the adoption of telemedicine and remote patient monitoring. Wearable cameras play a crucial role in these practices, enabling healthcare professionals to remotely assess patients, provide consultations, and monitor their conditions from a distance. These cameras offer a first-person view, allowing doctors to virtually examine a patient's symptoms, wounds, or other health-related concerns, facilitating accurate diagnoses and treatment plans. Surgeons and medical students use these devices to capture surgeries and procedures from their point of view, providing an immersive learning experience.
The North America region dominated the Global Wearable Camera Market by Region in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $9.04 billion by 2030. The Europe region is experiencing a CAGR of 14% during (2023 - 2030). Additionally, The Asia Pacific market is expected to witness a CAGR of 15.1% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/wearable-camera-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country-wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Jvckenwood Corporation, Panasonic Holdings Corporation, Sony Corporation, Xiaomi Corporation, Digital Ally, Inc, Axon Enterprise, Inc., Pinnacle Response Ltd., GoPro, Inc, Garmin Ltd., Drift Innovation Limited.
By Product (Volume, Thousand Units, USD Million, 2019-2030)
By Type (Volume, Thousand Units, USD Million, 2019-2030)
By Application (Volume, Thousand Units, USD Million, 2019-2030)
By Geography (Volume, Thousand Units, USD Million, 2019-2030)
Companies Profiled
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