Top Companies in Wearable Camera Market | Industry Leading Brands Growth Analysis by Vantage Market Research
Wearable Cameras are cameras that can be worn on bodies by the use of multiple attachments. They can be strapped onto the body or to the head in order to record from a unique POV perspective.
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Upcoming Trends in the Wearable Camera Market
The Global Wearable Camera Market is valued at USD 4.72 Billion in 2021 and is projected to reach a value of USD 13.02 Billion by 2028 at a Compound Annual Growth Rate (CAGR) of 18.4% over the forecast period. The increase in professional applications of a Wearable Camera, the growing demand for the Wearable Camera from millennials to capture & share their experience on social media through videos & photos, and the rise in adoption of wearable technology are the primary factors that are fostering the growth of the global Wearable Camera Market. Innovations and technology have led to the evolution of the cameras resulting in a useful product Wearable Camera. It offers several benefits to the user. This includes the presence of hands-free technologies, the ability to change focus easily, automatic adjustment, digital storage, and portability. A Wearable Camera with its compact design allows the user to take photos, record video, and record audio. In addition to this, the Wearable Camera has applications in the healthcare sector. Self-management is one of the critical components in the management of chronic disease. This includes numerous activities such as undertaking daily care activities, adhering to prescribed medications, and managing body weight & dietary intake.
The Wearable Camera may provide rich contextual data, insight into everyday activities, and help in the recall. All such factors are propelling the growth of the global market by enhancing the use of the Wearable Camera. Moreover, the rise in disposable income and manufacturers investing hugely in the development & launch of innovative products are also some of the key aspects that are fueling the growth of the market. Furthermore, technological advancements and the rise in the use of the Wearable Camera in sports especially cricket are expected to create numerous opportunities for the growth of the global Wearable Camera Market during the forecast period. However, privacy and ethical concerns are the issues related to the use of a Wearable Camera which is likely to restrain the growth of the global Wearable Camera Market.
Some of the key players operating in the Wearable Camera Market are listed below:
|
Company Name |
Revenue in USD |
|
$5 Million |
|
$59 Billion |
|
$49 Billion |
|
$10 Million |
|
$863 Million |
|
$7 Million |
|
<$5 Million |
|
$4 Billion |
|
<$5 Million |
|
$1 Billion |
Based in the heart of Utah’s Wasatch Mountains, Contour is a pioneer of the Point of View (POV) camera market and boasts a rich history of making simple-to-use dependable products. Defined by a “form follows function” philosophy, Contour cameras feature a sleek, low-profile design, easy-to-operate controls, and a secure and durable proprietary rail connection system. Whether in the water, snow, dirt, or flying through the sky, the world’s top adventurers choose to tell their stories using Contour. The company is a privately held organization consisting of 50 employees.
Sony Group Corporation, commonly known as Sony and stylized as SONY, is a Japanese multinational conglomerate corporation headquartered in Kōnan, Minato, Tokyo, Japan. The company is listed as 6758 (TYO) in the Japanese stock exchange market. In 2020, the company had 1,11,700 employees working and generated revenue of USD 79.2 billion.
Xiaomi Corporation was founded in April 2010 and listed on the Main Board of the Hong Kong Stock Exchange on July 9, 2018 (1810. HK). Xiaomi is an internet company with smartphones and smart hardware connected by an Internet of Things (IoT) platform at its core. Xiaomi is currently the world’s fourth-largest smartphone brand and has established the world’s largest consumer IoT platform, with more than 196 million smart devices connected to this platform, excluding smartphones and laptops. Currently, Xiaomi products are present in more than 80 countries and regions around the world and have a leading foothold in many of them.
VIEVU® is a leading provider of the body-worn camera and video technologies, providing secure, high-quality video cameras for law enforcement, security, emergency medical services, and first responders. VIEVU Solution™, the company's next-generation fully-hosted cloud evidence management system, is built on Microsoft® Azure Government cloud, the first enterprise cloud compliant with the FBI's Criminal Justice Information Services (CJIS) standards.
Axon Enterprise, Inc. is an American Scottsdale, Arizona-based Company that develops technology and weapons products for military, law enforcement, and civilians. Its initial product and former namesake is the Taser, a line of electroshock weapons. The company is listed as AXON (NASDAQ) in the stock exchange market. In 2021, the company has 1,716 workers.
Pinnacle Response is a world-leading manufacturer of the highest quality body-worn video cameras for Police Forces and the professional Security Sector. The company is a privately held organization consisting of 50 employees.
The narrative is the company behind the Narrative Clip camera, a tiny camera and GPS that you clip on and wear. It’s an entirely new kind of digital camera with no controls. Instead, it automatically takes photos of users as they go.
Garmin Ltd. is a Swiss-domiciled multinational technology company founded in 1989 by Gary Burrell and Min Kao in Lenexa, Kansas, United States, with headquarters in Olathe, Kansas. Since 2010, the company is incorporated in Schaffhausen, Switzerland.
The company is a privately held organization. Drift Innovation is a technology company specializing in the capture and sharing of digital imagery across all platforms. Drift manufactures high-quality point-of-view cameras, mounts, and accessories, inspiring enthusiasts to document their experiences, capture their emotions and share their visions with friends and family.
GoPro, Inc. is an American technology company founded in 2002 by Nick Woodman. It manufactures action cameras and develops its own mobile apps and video-editing software.
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