Wearable Camera Market Insight & Future Assessment for the Period
The global wearable camera market is segmented into application such as
industrial, healthcare, sports, corporate enterprises, public safety, defense and
others. Among these segments, sports segment is expected to dominate the overall
wearable camera market during the forecast period. Increasing popularity of
sports and adventures activities such as sky diving, mountain bike ride coupled
with rising trend of recording is expected to drive the growth of wearable camera
market. On the other hand, public safety segment is expected to create substantial
demand for wearable camera in the upcoming years.
Global wearable camera market is expected to register a significant CAGR over the
forecast period. Moreover, the global wearable camera market was valued at USD
3.8 Billion in 2016. Increasing penetration of wearable camera in adventure
tourism industry is expected to drive the growth of wearable camera market during
the forecast period. Further, rising trend of photo & video sharing on social media
sites are anticipated to fuel the growth of wearable camera market.
The head mounted wearable camera segment by product is estimated to register a
noteworthy CAGR during the forecast period. Moreover, head mounted wearable
camera segment is expected to account for the largest share of revenue across the
globe. Rising utilization of head mounted wearable camera in sports for live
recording purposes is likely to foster the growth of wearable camera market.
Further, advancement in head wearable cameras such as 3RDi is anticipated to
retain the growth of head mounted wearable camera market.
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Rising Adoption among End users
Increasing adoption among various end users such as healthcare, sports, public
safety, defense and others is anticipated to foster the growth of wearable camera
market. Moreover, rising popularity of wearable ca