Body-Worn Camera Industry Was 259.50 Million USD In 2016

The body-worn camera industry was 259.50 million USD in 2016 and is projected to reach USD 1810.98 million USD by 2022, at a CAGR of 38.24% between 2016 and 2022. The market for body-worn camera is fragmented with players such as TASER International (AXON), Digital Ally, VIEVU, Reveal, Safety Innovations, Panasonic, Pinnacle Response, PRO-VISION Video Systems, Shenzhen AEE Technology, Safety Vision LLC, GoPro(Intrensic), Transcend Information, Wolfcom Enterprises, Veho(MUVI), 10-8 Video Systems LLC, Shenzhen Eeyelog Technology, Pannin Technologies, MaxSur, and so on. Among them, TASER International (AXON) is the global leading supplier.

On the basis of type, the body-worn camera market is segmented into recording type and recording and live streaming type. The recording type segment is expected to account for the larger share of the global market in 2016.
 
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End-users, included in this market are local police, special law enforcement agencies and civil usage. The local police application is expected to account for the largest share of the global market
in 2016.

Based on regions, the global body-worn camera market is segmented into North America, Europe, China, Japan, Korea, Asia Other and the Rest of the World (ROW). North America is expected to account for the largest share and Asia is growing fastest of the market during the forecast period.

Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area, the future will still have more new investment enter the field. Even so, the study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.

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