Wearable cameras can be worn or attached to a part of the body. The designs of wearable cameras often incorporate practical features and functions. Wearable cameras are head mountable, ear mountable and body mountable. These cameras can be used for recording and broadcasting real time incidences, without having to hold a camera in hand.

Rockville, WA -- (SBWire) -- 07/17/2018 --The concept of wearables is being harnessed furiously in the present times, which is a reflection of the sheer benefits these devices can offer and promises to revolutionize a number of industries including healthcare, transportation, manufacturing, and others. While a number of specialty-featured wearables are still in the phase of being commercial viable for larger masses, wearable cameras are ready to serve its intended audiences who want to save the moments in pictures and videos on the go. According to a fresh business intelligence study by Fact.MR, the demand in the global wearable cameras market will increment at an impressive compound annual growth rate (CAGR) of 13.4% during the forecast period of 2017 to 2022.

Social media has penetrated into global populations in a radical manner in the past decade, and the common trend that has emerged out of it is taking pictures and videos of beloved moments. These captured moments build up an interesting portfolio of individuals on the social media platforms such as Facebook, Twitter, and Instagram. And while smartphones are currently serving the purpose, wearable cameras are expected to overtake in the near future. Wearable cameras are ideal for travelers and adventure sports such as biking, hiking, trekking, mountain biking, and sky diving and skiing.

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In addition to the seismic impact from social media, the wearable cameras market is finding another niche in the field of live broadcasting by news agencies, players, and watchers. Broadcasters are using head mounted wearable cameras to provide exclusive players point of view and garnering greater interests among their viewers. Additionally, the wearable camera market is expected to find newer opportunities from the defense sector. By head-mounting these portable cameras on the soldiers, control rooms can make improved critical and real-time decisions. With the stored data, futuristic decisions can also be enhanced, and since the government of every stable economy is spending substantial chunk of budget onto defense with next generation technology, the demand for wearable camera is expected gain a boost.

Based on product type, the Fact.MR report segments the wearable cameras market into ear mount, body mount, and head mount. By the end of 2022, the head mount wearable camera segment is expected to generate a revenue of US$4,800 million. Overall, the segment is projected to pose for more than 52% of the total demand by the end of the aforementioned forecast period. Application-wise, the analyst of the report has evaluated the demand potential of the fields of security, sports and adventure, industrial, healthcare, and others. The report also has market bifurcations on the basis of distribution channel; into online retail, sports stores, departmental stores, hypermarkets and supermarkets, and others, and price-based; into super-premium, premium, mid, and economy.

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Geographically, North America has been highlighted as the region with maximum demand potential, with the most prominent chunk primarily coming from the U.S. This dominance can be attributed to the presence of a number of pioneering companies of the field in the country. There is substantial disposable income floating among the American citizens and the adoptability of new technologies is higher in comparison to the rest of the world. That being said, emerging economies of China and India house more than a quarter of the global population and is expected to generate profitable demands in the near future.

Garmin International, Inc., Digital Ally, Inc., Pinnacle Response, iON America LLC, GoPro, Inc., Narrative, Axon Enterprise, Inc., General Electric Company, VIEVU, and Hitachi, Ltd. are some of the notable companies who are currently holding a notable position in the global wearable cameras market and have been profiled in this Fact.MR business intelligence report.

About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

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About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.